The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose 14 points in August to a reading of 117. The rise in the overall measure of agricultural producer sentiment was driven by increases in both the Index of Current Conditions, which rose 9 points to 118 and the Index of Future Expectations, which climbed 16 points to 116.
The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers’Â responses to a telephone survey. This month’s survey was conducted between Aug.15-19, after USDA released both the August Crop Production and World…
