November 3, 2020

Ag Economy Barometer Rises to Record High On Improving Financial Conditions

Farmer sentiment hit a new record high in October as the Purdue University-CME Group Ag Economy Barometer climbed to a reading of 183, a 27-point increase compared to September. The reading easily eclipsed the previous record high set back in February, before the pandemic’s onset. On this episode of the Purdue Commercial AgCast, Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the October 2020 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer.

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December Corn & Soybean Outlook Update

Join us Friday, December 11 at 2:00 p.m. (EST) for an updated corn and soybean outlook immediately following release of USDA’s December Crop Production and World Agricultural Supply and Demand (WASDE) reports. Registration is free but necessary to receive the link to join live or get notice of the webinar recording.

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A management programs geared specifically for farmers. Surrounded by farm management, farm policy, agricultural finance and marketing experts, and a group of your peers, the conference will stimulate your thinking about agriculture’s future and how you can position your farm to be successful in the years ahead.

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