Source: FARM PROGRESS, 6/2/21


The potential for rising input prices and changing taxes pushed the Purdue University/CME Group Ag Economy Barometer down 20 points in May. The reading of 158 is the lowest survey reading since September 2020. Producers were less optimistic about both current conditions and the future of the agricultural economy. The Index of Current Conditions dropped 17 points to a reading of 178, and the Index of Future Expectations fell 20 points to a reading of 149. 

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