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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UPCOMING EVENTS

March Corn & Soybean Outlook Update

Join us Wednesday, March 10 at 12:30 p.m. EST for an update on the corn and soybean outlook following release of USDA’s March Crop Production and World Agricultural Supply and Demand Estimates (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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2021 Crop Insurance Decisions

Mark your calendar: Monday, March 1 at 10:30 a.m. EST – Purdue ag economists Michael Langemeier and James Mintert will provide insight into decision making on crop insurance. Registration is free but necessary to receive the link to join live or get notice of the webinar recording.

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