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April 7, 2021
(NAFB) – The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October. Organizers say this month’s 12-point rise in the barometer was attributable almost entirely to ag producers’ more optimistic view of the future. The Index of Future Expectations climbed to 164, 16 points above February’s index. Although the Index of Current Conditions, at 202, changed little from a month earlier when it stood at 200, it did mark ...
April 6, 2021
Strong Commodity Prices And Improved Financial Conditions Boost Purdue University/CME Group Ag Economy Barometer Date The Purdue University/CME Group Ag Economy Barometer rose 12 points in March to a reading of 177, marking the highest reading for the barometer since October 2020. The rise was attributed to producers more optimistic view of the future. The Index of Future Expectations snapped a four-month decline, rising 16 points to a reading of 164 in March. The Index of Curr...
April 6, 2021
Apr 06, 2021 Agriculture producers have a more optimistic view of the future, according to the latest Purdue University/CME Group Ag Economy Barometer, which rose 12 points in March to a reading of 177. This was the highest reading for the barometer since October 2020. The barometer is calculated each month from 400 U.S. agricultural producers responses to a telephone survey. Purdue University/ CME Group The Index of Future Expectations snapped a four-month decline, rising 16 points to a readin...
April 6, 2021
Producer perspective on farm financial position continues to improve, which appears to be fueling some of the short-term optimism about farmland values and capital investments. The Farm Financial Performance Index is based on responses to a question that asks producers, âAs of today, do you expect your farmâs financial performance to be better than, worse than or about the same as last year?â The question was first posed in April 2018 and asked again in spring 2019. Since late 20...
April 6, 2021
Apr 06, 2021 With spring comes renewed optimism from farmers as the Purdue University/CME Group Ag Economy Barometer rose 12 points to 177 in March, marking the highest reading since October 2020. Ag Economy Barometer The Index of Future Expectations snapped a four-month decline, rising 16 points to a reading of 164 in March. The Index of Current Conditions tied its previous all-time high, rising 2 points to a reading of 202. The Ag Economy Barometer is calculated each month from 400 U.S. agric...
April 6, 2021
Pierre, SD, USA / DRGNews Apr 6, 2021 11:00 AM The Purdue University/CME Group Ag Economy Barometer rose 12 points in March to a reading of 177, marking the highest reading for the barometer since October. The rise was attributed to producers’ more optimistic view of the future. The Index of Future Expectations snapped a four-month decline, rising 16 points to a reading of 164 in March. The Index of Current Conditions tied its previous all-time high, rising 2 points to a reading of 202. The A...
March 15, 2021
County fairgrounds face a cash crunch, as the pandemic forces ongoing cancellations of events. A number of county fair boards have already voted to cancel their 2021 fairs.
March 15, 2021
County Fair Cash Crunch and Beef-Pork Exports Down Slightly Monday Mar 15th, 2021 **County fairgrounds face a cash crunch, as the pandemic forces ongoing cancellations of events. A number of county fair boards have already voted to cancel their 2021 fairs. Some fairs have made accommodations for junior livestock sales, so students can still market their animals. In other locations, fairs have pushed back their traditional start dates, in hope pandemic restrictions will ease in time. **Februa...
March 3, 2021
Producers bullish about farmland values amid strong current conditions Farmers continue to report strong current economic conditions on their farms, according to the February Purdue University/CME Group Ag Economy Barometer. While the overall reading for the Ag Economy Barometer changed very little compared to January, down 2 points to a reading of 165 in February; the Index of Current Conditions remained near its all-time high at a reading of 200. Meanwhile, the Index of Future Expectations co...
March 3, 2021
James Mintert and Michael Langemeier | Mar 03, 2021 Producers continue to report strong current conditions on their farms as February’s Current Conditions Index value of 200 is near its all-time high as Februarys Ag Economy Barometer reading changed little. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. This month’s survey was conducted from Feb. 15-19, 2021. February’s Ag Economy Barometer reading of 165 compares...