Category: Media
Optimism about current conditions pushes farmer sentiment index to all-time high
Tuesday, March 3rd, 2020
WEST LAFAYETTE, Ind. and CHICAGO – Producers’ perception of improved current conditions in the agricultural economy pushed the Purdue University/CME Group Ag Economy Barometer to all-time record highs. The barometer rose to 168 in February, an increase of one point from January, and was up 18 points since December. This month’s increase was attributable to […]
Expectations for improved trade with China sends farmer sentiment soaring
Tuesday, February 4th, 2020
WEST LAFAYETTE, Ind. and CHICAGO – There was a sharp rise in agricultural producer sentiment in January as the Purdue University/CME Group Ag Economy Barometer rose 17 points from December to a reading of 167. Although the Index of Current Conditions was essentially unchanged, up one point to a reading of 142, the Index of […]
Farmers optimistic about the future, even as their perception of current economic conditions drops
Tuesday, January 7th, 2020
WEST LAFAYETTE, Ind. and CHICAGO – Producer sentiment regarding current economic conditions of the agricultural economy dropped 12 points in December, according to the Purdue University/CME Group Ag Economy Barometer. The Index of Current Conditions registered a reading of 141, down from 153 in November. Meanwhile, the Index of Future Expectations remained strong, up 2 […]
Farmer sentiment jumps up in November as harvest winds down
Tuesday, December 3rd, 2019
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural economy sentiment tied with its highest reading of 2019, according to the November Purdue University/CME Group Ag Economy Barometer. Rising for a second month in a row, the barometer improved to a reading of 153 in November, up 17 points from October and matching the previous high set […]
Farmer sentiment on trade and the overall ag economy improves as fall harvest gets underway
Tuesday, November 5th, 2019
WEST LAFAYETTE, Ind. and CHICAGO – The Purdue University/CME Group Ag Economy Barometer improved 15 points to a reading of 136 in October. The upswing is attributable to 15-point increases in both of the barometer’s sub-indices. The Index of Current Conditions rose to a reading of 115 and the Index of Future Expectations rose to […]
Farmer sentiment regarding current conditions slips in September
Tuesday, October 1st, 2019
WEST LAFAYETTE, Ind. and CHICAGO – Farmers became much more pessimistic about current conditions on their own farms and in the U.S. agricultural economy in late summer, according to the September Purdue University/CME Group Ag Economy Barometer. While the overall Ag Economy Barometer reading dipped slightly to a reading of 121, down three points from […]
Ag barometer declines sharply as commodity prices weaken; majority of farmers expect MFP payments in 2020
Tuesday, September 3rd, 2019
WEST LAFAYETTE, Ind. and CHICAGO – The Purdue University/CME Group Ag Economy Barometer weakened significantly in August to a reading of 124, down 29 points from July. The barometer is based on a mid-month survey of 400 agricultural producers across the U.S. and was conducted between August 12 and August 20, 2019, with nearly […]
Confidence in the ag economy soars; producers confirm large prevented plantings of corn and soybeans
Tuesday, August 6th, 2019
WEST LAFAYETTE, Ind. and CHICAGO – The Purdue University/CME Group Ag Economy Barometer reading jumped to 153 in July, up 27 points from June, and up 52 points from May. Improving crop conditions after an extraordinarily wet planting season, combined with a late spring/early summer crop price rally, boosted farmer sentiment. This improvement occurred despite […]
Rising crop prices and USDA payment announcements lift farmer sentiment, despite uncertain economic environment
Tuesday, July 2nd, 2019
WEST LAFAYETTE, Ind. and CHICAGO – Ag producer sentiment rebounded in June as farmers’ expressed a more optimistic outlook towards the future of the ag economy. The Purdue University/CME Group Ag Economy Barometer, based on a mid-month survey of 400 agricultural producers across the U.S., increased to a reading of 126 in June, up 25 […]
Farmer sentiment hits lowest level in over two years
Tuesday, June 4th, 2019
WEST LAFAYETTE, Ind. and CHICAGO – Ag producer sentiment dropped to its lowest level since October 2016, erasing all improvements recorded following the November 2016 election. The Purdue University/CME Group Ag Economy Barometer, based on a mid-month survey of 400 agricultural producers across the U.S., declined 14 points in May to a reading of 101, […]
