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Current Ag Economy Barometer report released: June 1, 2021

Upcoming release: July 6, 2021

About the Ag Economy Barometer

The Purdue University/CME Group Ag Economy Barometer is a nationwide measure of the health of the U.S. agricultural economy. On the first Tuesday of each month, the Ag Economy Barometer provides a sense of the agricultural economy’s health with an index value. The index is based on a survey of 400 agricultural producers on economic sentiment each month. Quarterly, the index is accompanied by an in-depth survey of 100 agriculture and agribusiness thought leaders.

As CME Group’s roots are in agriculture, and Purdue University’s Center for Commercial Agriculture has a long history of producing cutting-edge agricultural research, this partnership is designed to create a new and important tool for producers, economists, traders, finance industry professionals and journalists who are interested in understanding the agriculture industry and the broader global economy.

Find the Ag Economy Barometer on the Bloomberg Terminal: AGECBARO, AGECCURC and AGECFTEX.

Ag Economy Barometer Declines Sharply; Producers Remain Bullish on Farmland Values

June 1, 2021

The Ag Economy Barometer declined 20 points in May to 158 which is the lowest reading since September 2020. Both principal sub-indices, the Index of Current Conditions and Index of Futures Expectations, declined also. Reflecting expectations for a strong crop sector, two-thirds of corn and soybean producers expect farmland cash rental rates to rise in 2022 compared to 2021.

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Ag Economy Barometer remains strong; producers concerned about possible changes in estate tax policy

May 4, 2021

The April Ag Economy Barometer was virtually unchanged from a month earlier when the index stood at 177 and just 5 points below its all-time high of 183, which was set back in October. Compared to March, however, there was a small change in producers’ perspective on the ag economy as they became more optimistic about the future, while their appraisal of the current situation waned.

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Strong Commodity Prices and Improved Financial Conditions Boost Ag Economy Barometer

April 6, 2021

The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October. Strong ag commodity prices and improved farm financial conditions continue to support the Ag Economy Barometer readings as we head into spring.

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May Ag Economy Barometer Tumbles

June 2, 2021

American Ag Network

AgriTalk – June 2, 2021

June 2, 2021

Interview with James Mintert, professor of agricultural economics anddirector of the Center for Commercial Agriculture at Purdue University, with the latest Ag Economic Barometer. 

Ag Economy Barometer Takes Sharp Drop, Farmland Value Expectations Climb

June 1, 2021

AgWeb

Ag Barometer: Farmers Are Optimistic About Crop Prices, Farmland, COVID Vaccine

February 3, 2021

AgriTalk, AgWeb

Trump Administration Leaves a Lasting Impact on Agriculture

January 18, 2021

Drovers

Ag Economy Barometer: Farmers concerned about federal policy

January 15, 2021

By: Erica Quinlan, AgriNews