Thanks to high input costs, high labor costs and low commodity prices, the farm economy has been struggling for several years; when that struggle comes to an end is anyone’s guess.
Farmer sentiment continues to weaken. The Purdue University/CME Group Ag Economy Barometer declined again in July, falling to 135, an 11-point month-over-month decline.
Farmers are a little unsure of the ag economy right now. Farmer sentiment weakened in June as the Purdue University-CME Group Ag Economy Barometer fell to 146.
Farmer sentiment improved last month as the Purdue University-CME Group Ag Economy Barometer climbed eight points in April to a reading of 148. The improvement in farmers’ sentiment was bolstered by increases in both the Index of Current Conditions, which rose nine points to 141, and the Index of Future Expectations, which rose eight points to 152. Dr. Michael L...
Farmer sentiment dropped during March as concerns over agricultural trade and farm policy weighed on producers’ outlook for the future. The Purdue University/CME Group Ag Economy Barometer, released last week, fell 12 points to 140, down from 152 in February. The Index saw...
Regardless of your commodity, farming in Washington is very challenging right now. Rosella Mosby, President of the Washington Farm Bureau said unfortunately, farmers across the Evergreen state are very discouraged.
“You know, markets haven't been great for a lot of folks and we have overtime in Washington state, so we're all dealing with that adjustment. Feeling pretty, you know...