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Ag Economy Barometer Declines Sharply in May

June 1, 2021 | Posted in Data & Trends
The Purdue/CME Group Ag Economy Barometer declined 20 points in May to 158 which is the lowest barometer reading since September 2020 when the index stood at 156. Both the Index of Current Conditions and the Index of Future Expectations declined this month.
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Real GDP Up 6.4% in 1Q21

May 3, 2021 | Posted in Data & Trends
Real gross domestic product (GDP) increased at an annual rate of 6.4% in the first quarter of 2021, according to the "advance" estimate released by the Bureau of Economic Analysis.
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Big Dealers Own 33% of All Ag Stores in 2021

April 15, 2021 | Posted in Ag Equipment Business, Data & Trends

Based on preliminary results from Ag Equipment Intelligence’s 2021 Big Dealer Report, dealer consolidation has showed no signs of slowing down. While the total number of big dealers dropped to 190, the total number of stores owned by big dealers rose from 2,240 in 2020 to 2,351 in 2021, an increase of 5%.


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