Posts by CCA General
Ag Producers’ Sentiment Rebounds in August
James Mintert & Michael Langemeier The Ag Economy Barometer rebounded in August to a reading of 129 after falling to 117 in July. Although the producer sentiment index increased by 12 points in August, producer sentiment remains well below its late spring readings of 141 in May and 143 in June. The shift in…
Read MoreFarmer sentiment rises, but opinions split over potential impact of aid package
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment increased modestly in August after dipping sharply in July according to the latest Purdue University/CME Group Ag Economy Barometer reading. The barometer, which is based on a monthly survey of 400 agricultural producers from across the country, had an August reading of 129, 12 points higher…
Read MoreRecord decline in the ag barometer as trade war concerns and low commodity prices weaken producer
WEST LAFAYETTE, Ind. and CHICAGO – The Purdue University/CME Group Ag Economy Barometer declined 26 points, down to 117, in July making it the largest one-month decline in producer sentiment since data collection began in October 2015. The drop in sentiment was fueled by increasing trade war concerns and decreasing commodity prices. “This summer we’ve…
Read MoreProducer Sentiment Plummets on Price Weakness and Trade War Concerns
James Mintert & Michael Langemeier Ag producer sentiment fell sharply during July as the impact of commodity price declines and concerns about ag trade prospects weighed on producers’ perceptions of both current and future conditions in the agricultural economy. The Ag Economy Barometer declined 26 points to a reading of 117 in July, driven…
Read MoreProducer sentiment inches up despite commodity price decline and continued trade war concerns
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment rose slightly in June according to the Purdue University/CME Group Ag Economy Barometer. The increase was unexpected given unresolved trade war concerns and sharp price declines for key commodities, including corn, wheat and, especially, soybeans during the month. The June barometer reading of 143 was only…
Read MoreProducer sentiment inches up despite commodity price decline and continued trade war concerns
James Mintert & Michael Langemeier Ag producer sentiment improved slightly during June as the Ag Economy Barometer index rose to a reading of 143 compared to 141 a month earlier. The modest rise in the Ag Economy Barometer, which is based on a nationwide survey of 400 U.S. agricultural producers each month, was underpinned…
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