Category: Media
Farmer sentiment rebounds amidst ongoing COVID-19 concerns
Tuesday, July 7th, 2020
WEST LAFAYETTE, Ind. and CHICAGO — Farmer sentiment improved in June for the second month in a row, rebounding from sharp declines that took place in both March and April, according to the Purdue University/CME Group Ag Economy Barometer. The index was up 14 points from May to a reading of 117. The Ag Economy […]
COVID-19 continues to impact farmer sentiment; majority indicate economic assistance bill necessary
Tuesday, June 2nd, 2020
WEST LAFAYETTE, Ind. and CHICAGO — Farmer sentiment improved slightly in May after falling sharply in both March and April, according to the Purdue University/CME Group Ag Economy Barometer. The index was up 7 points from April to a reading of 103, but it remained nearly 40 percent below its all time high of 168 […]
Ag barometer index drops below 100 as coronavirus disrupts agriculture
Tuesday, May 5th, 2020
WEST LAFAYETTE, Ind. and CHICAGO — Coronavirus concerns, commodity price declines and supply-chain disruptions sink producer sentiment to a three-year low, according to the April Purdue University/CME Group Ag Economy Barometer. The barometer recorded a reading of 96, marking the first time the barometer has fallen below 100 since October 2016 registering 72 points below […]
Farmer sentiment plummets as coronavirus concerns rise
Tuesday, April 7th, 2020
WEST LAFAYETTE, Ind. and CHICAGO —The Purdue University/CME Group Ag Economy Barometer recorded its largest one-month drop in sentiment during March. The barometer dipped 47 points to a reading of 121, as concerns over the impact of the global pandemic on the agricultural economy weighed heavily on farmers’ minds. The Ag Economy Barometer is based […]
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 […]
