Ag Barometer Hits 16 Month High

Purdue/CME Group Ag Economy Barometer Shows Significant Rise in Producer Sentiment Agricultural producer sentiment rose last month to its highest level since January 2017, as producers expressed an improved view of current conditions and future expectations of the U.S. agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer reading of 141 was…

A flexible, secure IT solution for your business

An introduction to terminal servers For modern agricultural businesses, the equipment in your office is just as important as the equipment in your barn or machine shed. We know that you need an IT solution that’s flexible, simple and reliable. That’s why we’re proud to have been helping agricultural businesses implement terminal server solutions for…

Barometer Declines for Second Month in a Row

The Purdue/CME Group Ag Economy Barometer fell to 125 in April, which was 10 points lower than a month earlier and 15 points below its February reading (Figure 1). The sharp drop in the ag producer sentiment index, which is based upon a monthly a survey of 400 agricultural producers from across the U.S., was…

The Agricultural Innovations To Watch In 2018

While agriculture is one of the oldest technologies known to man, that hasn’t stopped farm technology from changing every year. From robots to Big Data computer models, new innovations are coming out all the time. As farmers ourselves, we enjoy seeing the latest innovations in agriculture that make life easier, crops healthier, or are just…

Ag Producers Less Optimistic Amid Trade Concerns

Farmers worried about losing ag exports By Other News – April 3, 2018 WEST LAFAYETTE, Ind. — The Purdue/CME Group Ag Economy Barometer fell five points in March to 135 as concerns and uncertainty surrounding agricultural exports continued. The 5-point decline in sentiment comes as a result of producers’ less-optimistic perceptions of both current conditions and future…

Producer sentiment is on the rise, but trade uncertainty continues

Producers are more optimistic about their current financial situation according to the latest Purdue/CME Group Ag Economy Barometer. Jim Mintert, the director of Purdue University’s Center for Commercial Ag, says increased yields are a factor. “In fact, on the soybean side, if you compare it to the three-year average it’s the most positive yield environment…

Why Accrual Accounting Is An Opportunity

Know your true cost of production with accrual accounting Is tax season the only time you know the full cost and revenue of your business? Many agricultural businesses use outdated and inaccurate accounting strategies that don’t give them the full picture of their financial health throughout the year – we’re here to make sure yours…

According To Ag Barometer Lower Taxes Are Possible

Ag Producer Sentiment Turns Higher; Many Expect Lower Taxes By Hoosier Ag Today After trending lower in late 2017, the Purdue/CME Group Ag Economy Barometer turned higher in January. The monthly survey of 400 agricultural producers from across the U.S. indicated that the measure of producer sentiment climbed to 135 points at the beginning of 2018,…

Finding (and Keeping) Agricultural Employees in a Tight Labor Market

As the saying goes, good help is hard to find, and no where is this more true than the modern agriculture industry. The USDA College Graduate Employment Report found 39% of open agricultural jobs can’t be filled by graduating students. That means business owners and managers need to sharpen their skills at attracting and keeping…

Purdue Releases January Results

January 2018 Results Released from Purdue University The Purdue University/CME Group Ag Economy Barometer is a nationwide measure of the health of the U.S. agricultural economy. On the first Tuesday of each month, the Ag Economy Barometer provides a sense of the agricultural economy’s health with an index value. The index is based on a…