AG Economy Barometer Falls Again newsdakota.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsdakota.com Daily Mail and Mail on Sunday newspapers.
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 February s 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 to 167 in January. Continuing a trend that got underway last fall, however, the Index of Future Expectations drifted lower to a reading of 148, 3 points below its January reading. February marked the third time in the last four months that the Future Expectations Index declined, leaving it 20% below its October peak.