Indiana News

Farmers Still Facing Some Concerns Amid New Year Looming

WOWO Farm Director

WEST LAFAYETTE, Ind. (WOWO):  Ag producers are more optimistic about their financial performance and prospects.  According to the latest Purdue University/CME Group Ag Economy Barometer, many producers though still have some concerns heading into 2024.

The barometer is calculated monthly from a telephone survey of 400 agricultural producers across the country and the newest survey the barometer rise 5 points to 115, a 12% increase over the same period the previous year. The barometer includes two sub-indices, the Index of Current Conditions and the Index of Future Expectations, which increased 12 points and 2 points, respectively.

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