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Farmers More Optimistic About Future vs. Current Conditions

October 1, 2019 | Posted in Data & Forecasts

The Purdue/CME Group Ag Economy Barometer for September 2019 shows that farmer sentiments about current and future economic conditions differ decidedly. According to Purdue researchers, the Ag Economy Barometer dipped slightly in September to a reading of 121, down just 3 points from August, when the index stood at 124.


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Kim Schmidt

Can You Remain an Optimist in a Challenging Market?

By Kim Schmidt posted on September 23, 2019 | Posted in Data & Forecasts, Dealership Marketing
Last week I was on the road traveling in western Minnesota visiting dealers, manufacturers, service providers and even an impromptu stop at Alexandria Technical & Community College to check out the diesel mechanic program. Despite the hard year that North American farmers — and thus farm equipment dealers — have been having, nearly everyone I visited with seemed upbeat and relatively positive. Harvest is going to be a race against time this year.
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Corn, Soybean Maturity Continues to Lag

September 4, 2019 | Posted in Data & Forecasts
While corn in the dough stage improved from 71% a week ago to 81% as of Sept. 1, the crop continues to trail last year’s development for this date, which was 95%, as well as the 5 year average of 93%. Corn dented is even further behind, with only 41% of this year’s crop at this stage vs. 73% last year on this date and 5 year average of 63%.
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