Posts by CCA General
On Optimism for the Future, Ag Barometer Jumps
Optimism drives farmer sentiment higher; Producers weigh-in on farm bill and crop insurance
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment rose last month to its highest level since January 2017, as producers expressed an improved view of current conditions and future expectations of the U.S. agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer reading of 141 was 16 points higher…
Read MoreMore Optimistic View of Future Pushes Ag Producer Sentiment Higher
James Mintert & Michael Langemeier The May reading of the Purdue University/CME Group Ag Economy Barometer was 141, 16 points higher than in April 2018 and the highest barometer value since January 2017 (Figure 1). The rise in the barometer, a sentiment index derived from a monthly survey of 400 agricultural producers across the…
Read MoreAg Barometer declines for second month amid looming trade war concerns
WEST LAFAYETTE, Ind. and CHICAGO – Trade war concerns continue to drive a sharp decline in producer sentiment toward the agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The April barometer reading of 125 was 10 points lower than a month earlier and 15 points below the February reading. The barometer is…
Read MoreBarometer Declines for Second Month in a Row
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer fell to 125 in April, which was 10 points lower than a month earlier and 15 points below its February reading (Figure 1). The sharp drop in the ag producer sentiment index, which is based upon a monthly a survey of 400…
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