Farm Management Tour: July 17, 2024

Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.

April 6, 2021

Strong Commodity Prices and Improved Financial Conditions Boost Ag Economy Barometer

The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October. Strong ag commodity prices and improved farm financial conditions continue to support the Ag Economy Barometer readings as we head into spring. This month’s survey was conducted from March 22-26, 2021. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the March 2021 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers, on this episode of the Purdue Commercial AgCast.

 

The full March Ag Economy Barometer report is available at https://purdue.ag/agbarometer.

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July 2, 2024

Farmer sentiment drifted downward in June as the Purdue University/CME Group Ag Economy Barometer reading of 105 was 3 points lower than a month earlier. The overall decline in sentiment was due to a five-point drop in the Index of Future Expectations, which fell to 112, while the June Current Conditions Index increased to 90, 1 point higher than the May index. High input costs, the risk of lower prices for their products, and rising interest rates continue to weigh on farmer sentiment.

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U.S. farmers’ outlook improved in May as the Purdue University/CME Group Ag Economy Barometer index rose to 108, marking a 9-point increase from April. Purdue ag economist James Mintert shares some insight into the results of the ay 2024 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.

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Farmer sentiment declined sharply in April, as indicated by the Purdue University/CME Group Ag Economy Barometer, which fell 15 points from March to a reading of 99. Purdue ag economist James Mintert shares some insight into the results of the April 2024 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.

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UPCOMING EVENTS

Purdue Farm Management Tour & Indiana Master Farmer Reception 2024

Two outstanding farms in east-central Indiana will host visitors wanting to learn about farm and crop management on July 17th for the Purdue University Farm Management Tour. The Indiana Master Farmer reception and panel discussion will follow.

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