January 4, 2022
Farmer Sentiment Rises on Strengthening Current Financial Position
For only the second time since May, the Ag Economy Barometer rose in December. This month’s index climbed to a reading of 125, 9 points higher than in November. Both the Index of Current Conditions and the Index of Future Expectations rose in December with the rise in the barometer attributable mostly to an improved perspective on current conditions in the agricultural sector. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the December 2021 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. This month’s survey was conducted from December 8-14, 2021.
TAGS:
TEAM LINKS:
RELATED RESOURCES
UPCOMING EVENTS
Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Catch the next monthly update on June 13th time TBD, for the corn and soybean outlook following release of USDA’s June Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.
Read More