Strong Commodity Prices And Improved Financial Conditions Boost Purdue University/CME Group Ag Economy Barometer
Date
The
Purdue University/CME Group Ag Economy Barometer rose 12 points in March to a reading of 177, marking the highest reading for the barometer since
October 2020. The rise was attributed to producers' more optimistic view of the future. The
Index of Future Expectations snapped a four-month decline, rising 16 points to a reading of 164 in March. The
Index of Current Conditions tied with its previous all-time high, rising two points to a reading of 202. The
Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. This month's survey was conducted from