New Data from the Purdue Ag Economy Barometer is showing a decline in farmer sentiment in March as concerns over agricultural trade and farm policy weighed on producers’ outlook for the future.
New Data from the Purdue Ag Economy Barometer is showing a decline in farmer sentiment in March as concerns over agricultural trade and farm policy weighed on producers’ outlook for the future.
Farmer sentiment improved in May following a sharp decline in April, according to Purdue’s Ag Economy Barometer. May’s reading of 108 was a 9 point improvement from April. Producers reported improvements in both the Current Conditions Index and Index of Future Expectations.
Agricultural producers’ sentiment increased for the second consecutive month, as the Purdue University/CME Group Ag Economy Barometer index rose 5 points to a reading of 115, a 12% increase compared to the previous year.
Producer sentiment toward the agricultural economy dropped to 124 in March marking the second consecutive month of decline, according to the Purdue University/CME Group Ag Economy Barometer.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Compeer Financial and PepsiCo’s pilot program to help lower the cost of strip-till equipment for farmers.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
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