|By Marketwired .||
|March 24, 2014 11:04 AM EDT||
OMAHA, NE -- (Marketwired) -- 03/24/14 -- Overall agriculture producer confidence remains unchanged since last March despite a drop in producers' feelings about their current situation, according to the latest DTN/The Progressive Farmer (DTN/PF) Agriculture Confidence Index.
Producers' overall confidence remained somewhat positive at 106.9, up slightly from 105.5 last December and unchanged from March 2013. The value of 100 is considered neutral. Values above 100 indicate optimism, whereas values below signify pessimism.
The DTN/PF Agriculture Confidence Index, which surveyed 500 producers between March 1 and 10, measures the sentiments of agriculture producers on their overall impressions of the agriculture sector. Farmers are also asked to rate current and long-term input prices and net farm income to gauge their attitudes toward the present situation and future expectations.
Producers viewed their present conditions as positive with a score of 128.1, a drop from 135.3 last March but up slightly from 123.5 in December. Producers' future expectations dropped to 92.8, a decrease of just 0.8 since December but up from 88.2 in March 2013.
Despite an overall positive confidence score, there was a significant disparity in confidence levels between crop and livestock producers. Driven by higher meat prices and lower input costs, livestock producers' confidence rose to a near all-time high of 116.4, up from 107.5 last March and off just 0.2 from the record set in September 2010. In addition, livestock producers view their present situation as very positive (145.1) but were considerably less optimistic for the upcoming year (97.3).
Crop producers' confidence dropped to the lowest level in four years to 102.7, down from 104.3 in December and from 106.8 last March. Crop producers' expectations for the coming year fell to 90.7 from 93.4 in December but were up from 87.9 in March 2013. Their feelings on their present situation remained unchanged at 120.8 since December but declined from 135.2 in March 2013.
"Much of the crop producers' attitudes about their current situation can be attributed to lower corn prices from the previous year, although current prices are at a level higher than what analysts had anticipated at this point for the year," said DTN/The Progressive Farmer Markets Editor Katie Micik, director of the confidence index, which is conducted before plantings, prior to harvest and after harvest each year.
While producers' attitudes remained mixed, agribusinesses were more confident about the industry, according to the DTN/PF Agribusiness Confidence Index, which is similar to the producer index and measured the sentiments of 100 agribusinesses between Feb. 28 and March 5. Agribusiness confidence climbed to 107.3 in March from 102.5 at the end of 2013, due in large part to stabilized crop prices. Seventy-two percent of agribusinesses surveyed felt good about their current sales, marking an increase of 14.6 percent since December and a 12 percent increase since last March. However, 76 percent of those agribusinesses surveyed believed sales expectations over the next 12 months will remain the same or get worse.
"Fertilizer retailers are somewhat concerned that reductions in corn acres could impact fertilizer sales and profits," Micik noted. "With incomes narrowing, producers may turn to higher-priced soybeans over corn."
About DTN/The Progressive Farmer
DTN/The Progressive Farmer is revolutionizing the agriculture industry with its game-changing agricultural information solutions and market intelligence that enable customers to actively and effectively manage their businesses. The company's insightful, independent content along with proprietary business management tools and in-depth market analysis empower better decision making from today's forward-looking agricultural producers, agribusiness leaders and commodity market traders. For the latest DTN editorial, weather and market information or more on all DTN services, visit dtnprogressivefarmer.com.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2549183
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
May. 1, 2017 12:00 AM EDT Reads: 1,284
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
May. 1, 2017 12:00 AM EDT Reads: 1,197
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
Apr. 30, 2017 11:45 PM EDT Reads: 2,855
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Apr. 30, 2017 11:00 PM EDT Reads: 1,924
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Apr. 30, 2017 10:45 PM EDT Reads: 2,623
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
Apr. 30, 2017 10:30 PM EDT Reads: 2,642
Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the USA and Europe, we work with a variety of customers from emerging startups to Fortune 1000 companies.
Apr. 30, 2017 10:00 PM EDT Reads: 2,682
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
Apr. 30, 2017 09:45 PM EDT Reads: 2,525
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
Apr. 30, 2017 09:45 PM EDT Reads: 2,715
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
Apr. 30, 2017 09:30 PM EDT Reads: 3,206
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Apr. 30, 2017 09:15 PM EDT Reads: 2,355
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Apr. 30, 2017 08:30 PM EDT Reads: 1,458
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Apr. 30, 2017 08:15 PM EDT Reads: 3,568
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Apr. 30, 2017 08:00 PM EDT Reads: 1,769
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Apr. 30, 2017 07:45 PM EDT Reads: 7,479