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Texas and Southwestern Cattle Raisers Association

Texas and Southwestern Cattle Raisers Association

To Honor and Protect the Ranching Way of Life

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Ag Economy Barometer rises to record high on improving financial conditions

The Purdue University/CME Group Ag Economy Barometer rose 27 points to a reading of 183 in October and set an all-time high for the index. Farmers were more optimistic about both the future and current financial situation on their farms, the Current Conditions Index rose 36 points to a reading of 178 and the Future Expectations Index rose 23 points to a reading of 186. The Ag Economy Barometer is based on survey responses from 400 U.S. agricultural producers and was conducted between Oct. 19-23, 2020. Read more at the Oklahoma Farm Report... 
 

Written by:
kristin
Published on:
November 4, 2020

Categories: The Cattleman Now, The Cattleman Now - App

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