Category: Media
Ag Economy Barometer falls for second month; rising input costs causing concern for farmers
Tuesday, July 6th, 2021
WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer marks a second month of sharp declines, down 21 points to a reading of 137 in June. Producers were less optimistic about both current conditions on their farming operations as well as their expectations for the future. The Index of Current Conditions […]
Ag Economy Barometer declines sharply; producers remain bullish on farmland values
Tuesday, June 1st, 2021
WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer saw a significant decline in May, down 20 points to a reading of 158. This marks the lowest reading for the survey since September of 2020. Producers were less optimistic about both current conditions and the future of the agricultural economy. The […]
Ag Economy Barometer remains strong; producers concerned about possible changes in estate tax policy
Tuesday, May 4th, 2021
WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer was virtually unchanged in April, up one point from March to a reading of 178. Producers are becoming more optimistic about the future. The Index of Future Expectations continued its upward trend from last month, up 5 points to a reading of […]
Strong commodity prices and improved financial conditions boost Ag Economy Barometer
Tuesday, April 6th, 2021
WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer rose 12 points in March to a reading of 177, marking the highest reading for the barometer since October 2020. The rise was attributed to producers’ more optimistic view of the future. The Index of Future Expectations snapped a four-month decline, rising […]
Producers bullish about farmland values amid strong current conditions
Tuesday, March 2nd, 2021
WEST LAFAYETTE, Ind. and CHICAGO — Farmers continue to report strong current economic conditions on their farms, according to the February Purdue University/CME Group Ag Economy Barometer. While the overall reading for the Ag Economy Barometer changed very little compared to January, down 2 points to a reading of 165 in February; the Index of […]
Ag Barometer drifts lower, farmers remain concerned about the future despite strong economic conditions
Tuesday, February 2nd, 2021
WEST LAFAYETTE, Ind. and CHICAGO —The Purdue University/CME Group Ag Economy Barometer dropped 7 points in January to a reading of 167. While the Index of Current Conditions remained relatively flat, down 3 points to a reading of 199; the Index of Future Expectations fell 10 points to a reading of 151. Since its peak […]
Farmer sentiment rises as income prospects improve, concerns about key policy issues remain
Tuesday, January 5th, 2021
WEST LAFAYETTE, Ind. and CHICAGO — There was a modest improvement in producer sentiment according to the December Purdue University/CME Group Ag Economy Barometer. The barometer increased 7 points from November to a reading of 174. Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations, were also higher […]
Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns
Tuesday, December 1st, 2020
WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer dropped 16 points to a reading of 167 in November, down from its all-time high set just one month ago. The decrease in sentiment was led by farmers’ more pessimistic view towards the future of the agricultural economy with the Index of […]
Ag Economy Barometer rises to record high on improving financial conditions
Tuesday, November 3rd, 2020
WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer rose 27 points to a reading of 183 in October and set an all-time high for the index. Farmers were more optimistic about both the future and current financial situation on their farms, the Current Conditions Index rose 36 points to a […]
Ag Barometer rises as crop prices rally and USDA announces CFAP 2
Tuesday, October 6th, 2020
WEST LAFAYETTE, Ind. and CHICAGO — Farmer sentiment hit a post pandemic high in September, according to the Purdue University/CME Group Ag Economy Barometer. The index rose to a reading of 156, up 12 points from August and up 60 points from its 2020 low in April. The Current Conditions Index also saw an uptick, […]
