Ag Barometer Shows Confidence in Ag Economy; Producers Confirm Large Prevented Plant Acres

August 7, 2019

The Purdue University/CME Group Ag Economy Barometer reading jumped to 153 in July, up 27 points from June, and up 52 points from May. Improving crop conditions after an extraordinarily wet planting season, combined with a late spring/early summer crop price rally, boosted farmer sentiment. This improvement occurred despite the fact that many prod