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The business principles all farmers need to know Up before dawn tending to animals, out past dark working in the field: as anyone who farms knows, farming isn’t just a job, it’s a way of life. While the majority of the population no longer farms or lives in rural areas, for those still farming, the…
The Ag Economy Barometer rebounded in August to a reading of 129 after falling to 117 in July. Although the producer sentiment index increased by 12 points in August, producer sentiment remains well below its late spring readings of 141 in May and 143 in June. The shift in producer sentiment occurred primarily because producer’s…
James Mintert & Michael Langemeier Ag producer sentiment fell sharply during July as the impact of commodity price declines and concerns about ag trade prospects weighed on producers’ perceptions of both current and future conditions in the agricultural economy. The Ag Economy Barometer declined 26 points to a reading of 117 in July, driven by…
Preparing yourself for future agricultural jobs Even as robots pick strawberries and drones spray pesticides, the demand for agricultural employees continues to grow. Experts predict that in the near future, two jobs will be open for every agricultural job seeker, including field and skilled labor. By equipping yourself with the in-demand skills in agriculture, you…
Producer sentiment inches up despite commodity price decline and continued trade war concerns Writer: Kami Goodwin, 765-494-6999, kami@purdue.edu Agricultural producer sentiment rose slightly in June according to the Purdue University/CME Group Ag Economy Barometer. The increase was unexpected given unresolved trade war concerns and sharp price declines for key commodities, including corn, wheat and, especially, soybeans during the…
Helping Diversified Farms and Accounting Firms with Simple, Secure Software Hosting Starting out as a way for founder Ev Chambers to save 20,000 miles a year driving to consult with his clients in Wisconsin and Minnesota, software hosting company AgCompas has grown to serving farms and accounting firms in 16 states and one Canadian province….
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…
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…
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…
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…
