After rising sharply two months in a row, the Ag Economy Barometer weakened significantly in August and fell back to a reading of 124, down 29 points compared to a month earlier and just slightly below the June reading of 126.
The Purdue/CME survey results released on Aug. 6 showed ag producer sentiment in July improved dramatically as the Ag Economy Barometer increased 27 points compared to June and was up 52 points compared to May.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.