WEST LAFAYETTE, Ind. — Farmer sentiment saw an unexpected surge in October ahead of the upcoming U.S. election, according to the latest Purdue University/CME Group Ag Economy Barometer. The index rose to 115, marking a 27-point increase from September. This boost in sentiment was primarily driven by a rise in producers’ confidence in the future, with…

WEST LAFAYETTE, Ind. — In September, the Purdue University/CME Group Ag Economy Barometer recorded its lowest readings since March 2016. Declining income expectations pushed farmer sentiment down as the barometer fell 12 points to 88, and the Index of Future Expectations dropped 14 points to 94. The Index of Current Conditions also fell 7 points to 76,…

WEST LAFAYETTE, Ind. — The August Purdue University/CME Group Ag Economy Barometer dropped 13 points from July to a reading of 100, echoing levels seen from fall 2015 to winter 2016 during the early stages of a significant downturn in the U.S. farm economy. The Index of Current Conditions also dropped 17 points to 83, while the…

WEST LAFAYETTE, Ind. — Three broad-based measures of farmer sentiment improved in July as the Purdue University/CME Group Ag Economy Barometer index rose 8 points to 113, the Index of Current Conditions increased by 10 points to 100, and the Index of Future Expectations at 119 was 7 points higher than a month earlier. Despite declines in…

WEST LAFAYETTE, Ind. — Farmer sentiment drifted downward in June as the Purdue University/CME Group Ag Economy Barometerreading of 105 was 3 points lower than a month earlier. The overall decline in sentiment was due to a five-point drop in the Index of Future Expectations, which fell to 112, while the June Current Conditions Index increased…

WEST LAFAYETTE, Ind. — U.S. farmers’ outlook improved in May as the Purdue University/CME Group Ag Economy Barometer index rose to 108, marking a 9-point increase from April. Both of the barometer’s subindices saw increases, with the Index of Future Expectations climbing 11 points to 117 and the Current Conditions Index rising 6 points. The rise in…

WEST LAFAYETTE, Ind. — April witnessed a steep decline in U.S. farmer sentiment, as indicated by the Purdue University/CME Group Ag Economy Barometer, which fell 15 points from March to a reading of 99. Both subindexes of the barometer also saw declines: The Current Condition Index dropped by 18 points to 83, while the Future Expectations…

U.S. farmers’ outlook improved in March as the Purdue University/CME Group Ag Economy Barometer index rose to 114, marking a 3-point rise from February. While the Index of Current Conditions fell by 2 points to 101, the Index of Future Expectations climbed to 120, up by 5 points from February. The disparity between current and…

The latest Purdue University/CME Group Ag Economy Barometer reveals a modest increase in farmer sentiment compared to the previous month, though concerns remain regarding farm financial performance in the year ahead.   The February barometer reading reached 111, marking a 5-point rise from last month. The small uptick is attributed to producers expressing increased optimism about the future,…

The most recent findings from the Purdue University/CME Group Ag Economy Barometer reveal a downturn in farmer sentiment at the start of 2024. The January barometer fell to a reading of 106, eight points lower than in December. Producers expressed a more pessimistic perspective about their farms’ current situation and future prospects. The Current Conditions…