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Farmer sentiment rebounds at year end on stronger 2022 income

January 3, 2023

Farmer sentiment was unchanged in November as the Purdue University-CME Group Ag Economy Barometer Index came in at a reading of 102, the same as in October. This month’s survey was conducted November 14-18, 2022.

High input costs and rising interest rates top concerns as farmer sentiment remains unchanged

December 6, 2022

Farmer sentiment was unchanged in November as the Purdue University-CME Group Ag Economy Barometer Index came in at a reading of 102, the same as in October. This month’s survey was conducted November 14-18, 2022.

Ag Economy Barometer declines again, producers express concern about interest rate policy

November 1, 2022

WEST LAFAYETTE, Ind. and CHICAGO — Farmer sentiment weakened again in October as the Purdue University/CME Group Ag Economy Barometer dropped 10 points to a reading of 102. Both of the barometer’s sub-indices also declined this month. The Current Conditions Index dipped 8 points to a reading of 101 while the Future Expectations Index dropped 11 points to a reading of 102. The Ag Economy Barometer is calculated…

Farmer sentiment drifts lower, rising interest rates contribute to uneasiness

October 4, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer farmer sentiment index declined 5 points to a reading of 112 in September. The decline in farmer sentiment was primarily the result of producers’ weakened perception of current conditions, as the Current Conditions Index declined 9 points to 109. The Index of…

Farmer sentiment improves, but farmers still concerned about rising costs and inflation

September 6, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose 14 points in August to a reading of 117. The rise in the overall measure of agricultural producer sentiment was driven by increases in both the Index of Current Conditions, which rose 9 points to 118 and the Index…

Slight increase in producer sentiment despite rising costs and lower crop prices

August 2, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose 6 points in July to a reading of 103. Producers were somewhat more optimistic about both current and future economic conditions on their farms when compared to June. The Index of Current Conditions rose 10 points to a reading…

Farmer sentiment remains weak, crop producers contemplating acreage shifts in 2023

July 5, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer continued to slide in June, down 2 points to a reading of 97. Producers’ expectations for the future also weakened. The Index of Future Expectations fell 5 points to a reading of 96, marking the lowest level for the index since October 2016.…

Farmer sentiment plummets as production costs skyrocket

June 7, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer dropped to its lowest level since April 2020, down 22 points in May to a reading of 99. Agricultural producers’ perceptions regarding current conditions on their farms, as well as their future expectations, both weakened this month. The Index of Current Conditions…

Producer sentiment improves with strengthened commodity prices; but high cost inflation worries farmers

May 3, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer improved in April up 8 points to a reading of 121; however, it remains 32% below its reading from the same time last year. Producers’ perspective on current conditions and future expectations saw an uptick over the past month. The Index of…

Ag Economy Barometer slides lower, producers concerned about war’s impact on input prices

April 5, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer dipped to a reading of 113 in March, down 12 points from February and 36% lower than March 2021, marking the weakest farmer sentiment reading since May 2020, the early days of the pandemic. The decline was driven by producers’ weaker perceptions…