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Shining Light on Farm & Food Policy for 20 Years.
Sunday, May 05, 2024
Farmers are increasingly worried about their current and future financial health, according to the latest monthly Ag Economy Barometer sponsored by Purdue University and the CME Group.
Farmers and ranchers are increasingly worried about supplies of key inputs for the upcoming growing season, lowering a measure of producer sentiment to the lowest point since the early days of the COVID-19 pandemic.
Farmers' outlook improved modestly last month ahead of the Russian invasion of Ukraine, but growers remain worried about soaring input costs, according to a monthly survey.
A majority of consumers blame pandemic-related disruptions for the sharp rise in meat prices that has taken place over the past two years, according to a new Purdue University survey.
Producers offered an optimistic opinion for their current economic expectations while painting a more cautious picture of their future standing in a monthly report out Tuesday.
The Purdue University/CME Group Ag economy barometer fell in November, as producers expressed concerns about growing production costs and fluctuating commodity prices, according to a release.
A monthly measurement of the state of mind in farm country dropped for the second month in a row in October as farmers signaled concerns about the possibility of sharp increases to the prices of key inputs.
Now that congressional Democrats have to slash their $3.5 trillion Build Back Better spending plan, the attention is turning to what gets eliminated or cut, and by how much.
A measure of the state of mind in farm country is at its lowest point since July 2020 as producers report less optimism about their current and future circumstances and signal concerns about the impact of inflation on their operations.