May 4, 2021

Ag Economy Barometer Remains Strong; Producers Concerned About Possible Changes in Estate Tax Policy

The April reading of the Ag Economy Barometer was 178, virtually unchanged from a month earlier when the index stood at 177 and just 5 points below its all-time high of 183, which was set back in October. Compared to March, however, there was a small change in producers’ perspective on the ag economy as they became more optimistic about the future, while their appraisal of the current situation waned. This month’s survey was conducted from April 19-23, 2021. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the April 2021 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers, on this episode of the Purdue Commercial AgCast.

 

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

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Monthly Corn & Soybean Outlook Webinar Series

Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Join us Wednesday, October 13 for our next monthly update on the corn and soybean outlook following release of USDA’s October Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.

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