Items Tagged with 'Ag Economy Barometer'

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Farm Equipment's Best of the Web: June 17, 2022

By Farm Equipment Staff posted on June 17, 2022 | Posted in Best Practices, Manufacturer & Dealer Issues

Farm Equipment editors encounter a variety of articles, social media posts, podcasts and videos that offer a unique look at various aspects of our great farm machinery industry. Here is our favorite content from the past week. The Best of the Web This Week series is brought to you by CLEANFIX.

Farmer Sentiment Plummets as Production Costs Skyrocket

June 9, 2022 | Posted in Data & Forecasts

The Purdue University/CME Group Ag Economy Barometer dropped to its lowest level since April 2020, down 22 points in May to a reading of 99. Agricultural producers’ perceptions regarding current conditions on their farms, as well as their future expectations, both weakened this month.

Farm Capital Investment Index Remains Low in April

May 5, 2022 | Posted in Manufacturer News

The Farm Capital Investment Index was unchanged in April, despite an improved financial performance outlook.

farm capital investment index April 2022

Farm Capital Investment Index Reaches New Low

April 5, 2022 | Posted in Data & Forecasts

According to the results of the latest Ag Economy Barometer, the Farm Capital Investment Index dropped to a reading of 36, the lowest reading recorded in the last 6 years.

Ag Economy Barometer: Commodity Prices Raise Farmer Sentiments

Industry remains concerned about cost of production

March 1, 2022 | Posted in Data & Forecasts

Source: Purdue University and CME

Tight machinery inventories continue to be a problem. In February, over 40% of producers stated that low farm machinery inventories are holding back their investment plans, according to Purdue University's Ag Economy Barometer.

Farmer Sentiment Pulls Back Post-Election; Regulation, Trade & Taxes Rated as Top Concerns

December 1, 2020 | Posted in Data & Forecasts

U.S. farmers' sentiment weakened following the November 2020 elections, as the Purdue University-CME Group Ag Economy Barometer fell 16 points from a month earlier to a reading of 167.

Ag Economy Barometer Stable; Farmers Less Optimistic About Future

August 4, 2020 | Posted in Data & Forecasts

Farmer sentiment in July was virtually unchanged from a month earlier as the Purdue University-CME Group Ag Economy Barometer rose just one point to a reading of 118. The small change in the barometer left it 30% below its February 2020 peak and 23% below its level a year ago.

Farmer Sentiment Continues to Rise in June

July 7, 2020 | Posted in Data & Forecasts

Farmer sentiment improved again in June as the Purdue University-CME Group Ag Economy Barometer rose 14 points to a reading of 117.

Farmer Sentiment Rises Modestly in May

June 2, 2020 | Posted in Data & Forecasts

Farmer sentiment improved slightly in May after falling sharply in both March and April. The Purdue University-CME Group Ag Economy Barometer reading in May was 103, up 7 points from the April reading of 96.

Prospects for Rising Ag Exports Raises Farmers’ Optimism About Current and Future Conditions

March 4, 2020 | Posted in Data & Forecasts

Farmer’s perception of an improving ag economy going forward could be laying the groundwork for increased capital investments in the year ahead, according to the results of the Purdue University-CME monthly farmer survey.

More Articles Tagged with 'Ag Economy Barometer'

Farm Equipment Videos

Stories from Independent Farm Equipment Innovators, Episode 1

This inaugural episode in plans for a new docuseries introduces father-son duo Ward and Marc McConnell who’ve led farm equipment manufacturer Art’s Way Manufacturing and other businesses. Filmed in Texas in 2017, this 13-minute video is one of 25 in-person interviews on the legacies of family-run equipment manufacturers collected over several years. This pilot is being early-released to mark the 1-year anniversary of Ward’s passing in May 2021.

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