Purdue University/CME Group Ag Economy Barometer Archives • Northwest Indiana Business Magazine

Rising costs lower agriculture industry’s outlook on sector

Rising costs likely are the driving force behind a steep drop in Indiana’s agriculture industry’s outlook on the sector.

Indiana’s ag sector appears to be feeling better about the economy.

After two consecutive months of sharp declines an index that monitors Indiana’s economic sentiment in the state’s ag sector has stabilized.

Indiana’s agriculture sector is feeling less optimistic about its outlook, causing many producers to rethink plans to invest in operations.

The potential for changing estate tax rules and rising costs are among the suspected reasons for a drop in optimism in Indiana’s agriculture sector.

Indiana’s agriculture community remains optimistic about its future.

April 8, 2021 – By Larry Avila

Optimism appears to be rising in Indiana’s ag sector.

March 4, 2021 – By Larry Avila

The Indiana agriculture sector’s view of current economic conditions have changed little when comparing February to January.

February 4, 2021 – By Larry Avila

Indiana’s agriculture sector appears to be uncertain about its long-term outlook but believes this year should be better than 2020.

December 4, 2020 – By Larry Avila

Indiana’s agriculture sector is not optimistic about its future.