Ag Economy Barometer Rises In January, 2020
Delta Farm Press
The Purdue University/CME Group Ag Economy Barometer rose 17 points from December to January to a reading of 167. Although the Index of Current Conditions was essentially unchanged, up one point to a reading of 142, the Index of Future Expectations jumped significantly, up 24 points since December to a reading of 179. The sentiment improvement took place as the Phase One Trade Agreement between the U.S. and China was being discussed and signed in mid- January. The Ag Economy Barometer is based on a mid-month survey of 400 U.S. agricultural producers and was conducted from Jan. 13-17, 2020.