Ag Economy Barometer – Farm Equipment Manufacturers Association

Farmers’ Willingness to Buy Trends Toward Positive

September 1, 2020September 1, 2020 Kristi Ruggles Ag Economy Barometer

The barometer and its two sub-indices posted their most positive readings since February, when record highs were established and before the pandemic began. The Farm Capital Investment Index improved by five points.

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Farmers Share Thoughts on Mood to Buy, Info Sources

August 18, 2020August 18, 2020 Kristi Ruggles Ag Economy Barometer

In this most unusual year, when farmers cannot kick the tires at farm shows, they are defining their preferences for getting business information.

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Farmers More Inclined to Invest in Capital

July 14, 2020July 14, 2020 Kristi Ruggles Ag Economy Barometer, June 2020

Farmers’ perspective regarding whether or not now is a good time to make large investments in their farming operation improved markedly over the last two months.

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Farmers Show Improved Willingness to Spend

June 2, 2020June 2, 2020 Kristi Ruggles Ag Economy Barometer, Capital Investment Index

The Ag Economy Barometer suggests farmers felt less cautious about big expenses in April than they did in May. The survey overall shows subtle improvements.

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Farmers’ Moods Reflect National Mood of Caution

May 5, 2020May 5, 2020 Kristi Ruggles Ag Economy Barometer

Data released Tuesday shows that the optimism farmers felt after the 2016 election has all but faded as a result of uncertainty around COVID-19.

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Pandemic Sends Ag Economy Barometer Downward

April 7, 2020April 8, 2020 Kristi Ruggles Ag Economy Barometer

The survey by Purdue University and the CME Group captured an anxiety among farmers that is indicative of the national mood.

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Optimism, Willingness to Invest, Build Among Farmers

March 3, 2020March 3, 2020 Kristi Ruggles Ag Economy Barometer

The Farm Capital Investment Index, which assesses farmers’ willingness to invest in equipment and other capital, continues to strengthen.

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Farmers Feel Better About the Future

February 18, 2020February 18, 2020 Kristi Ruggles Ag Economy Barometer

Farmers have become more optimistic about the future in past months. That optimism has not yet influenced their willingness to make capital investments.

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Farmers End 2019 More Willing to Invest

January 12, 2020January 13, 2020 Kristi Ruggles Ag Economy Barometer, Farm Capital Investment Index, Purdue University

The Ag Economy Barometer drifted sideways in December, but the Farm Capital Investment Index concluded 2019 at the highest index value for the year.

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Farmers’ Willingness to Invest in Capital Hits 21-Month High

December 3, 2019December 4, 2019 Kristi Ruggles Ag Economy Barometer, Farm Equipment Index

Agricultural economy sentiment in November matched its highest reading of 2019, which included a big bump in how willing farmers are to invest in equipment and other capital.

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Farmers Show Greater Willingness to Make Big Purchases

November 12, 2019November 15, 2019 Kristi Ruggles Ag Economy Barometer

Producers who responded to the Purdue University survey in October thought more favorably about making big investments. The index rose to within eight points of its peak.