Category: Media
Farmer sentiment rises, but opinions split over potential impact of aid package
Tuesday, September 4th, 2018
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment increased modestly in August after dipping sharply in July according to the latest Purdue University/CME Group Ag Economy Barometer reading. The barometer, which is based on a monthly survey of 400 agricultural producers from across the country, had an August reading of 129, 12 points higher […]
Record decline in the ag barometer as trade war concerns and low commodity prices weaken producer
Tuesday, August 7th, 2018
WEST LAFAYETTE, Ind. and CHICAGO – The Purdue University/CME Group Ag Economy Barometer declined 26 points, down to 117, in July making it the largest one-month decline in producer sentiment since data collection began in October 2015. The drop in sentiment was fueled by increasing trade war concerns and decreasing commodity prices. “This summer we’ve […]
Producer sentiment inches up despite commodity price decline and continued trade war concerns
Tuesday, July 3rd, 2018
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment rose slightly in June according to the Purdue University/CME Group Ag Economy Barometer. The increase was unexpected given unresolved trade war concerns and sharp price declines for key commodities, including corn, wheat and, especially, soybeans during the month. The June barometer reading of 143 was only […]
Optimism drives farmer sentiment higher; Producers weigh-in on farm bill and crop insurance
Tuesday, June 5th, 2018
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment rose last month to its highest level since January 2017, as producers expressed an improved view of current conditions and future expectations of the U.S. agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer reading of 141 was 16 points higher […]
Ag Barometer declines for second month amid looming trade war concerns
Tuesday, May 1st, 2018
WEST LAFAYETTE, Ind. and CHICAGO – Trade war concerns continue to drive a sharp decline in producer sentiment toward the agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The April barometer reading of 125 was 10 points lower than a month earlier and 15 points below the February reading. The barometer is […]
Sentiment falls as producers express concerns about ag exports
Tuesday, April 3rd, 2018
WEST LAFAYETTE, Ind. and CHICAGO – The Purdue University/CME Group Ag Economy Barometer fell to 135 in March, given uncertainty around trade relations and possible implications for U.S ag exports. The 5-point decline in sentiment comes as a result of producers’ less-optimistic perceptions of both current conditions and future expectations. The Index of Current Conditions […]
Producer sentiment higher; NAFTA uncertainty looms
Tuesday, March 6th, 2018
WEST LAFAYETTE, Ind. and CHICAGO – Producer sentiment increased for the second straight month in February, but producers continued to indicate uncertainty surrounding a possible U.S. withdrawal from the North American Free Trade Agreement (NAFTA), according to the Purdue University/CME Group Ag Economy Barometer. The barometer read 140 in February, a 5-point increase from January’s […]
Purdue, CME Group to host Commodity Classic session
Thursday, February 22nd, 2018
WEST LAFAYETTE, Ind. and CHICAGO – Economists from Purdue University’s Center for Commercial Agriculture and CME Group will present a learning center session at Commodity Classic on Feb. 27 at 8:15 a.m. The conference runs Feb. 27-March 1 in Anaheim, California. The session is titled “The Ag Economy Barometer: Lessons from 2017 and Strategies for […]
Producers more optimistic in January; many expect lower taxes
Tuesday, February 6th, 2018
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producers said in January that they were more optimistic about the agricultural economy than a month prior, according to the Purdue University/CME Group Ag Economy Barometer. The January barometer read 135, up 9 points from December’s 126. The uptick was driven by increases in both the Index of […]
Weak future outlook drives producer sentiment lower
Tuesday, January 9th, 2018
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producers indicated they have reduced optimism heading into 2018, according to the December reading of the Purdue University/CME Group Ag Economy Barometer. The barometer fell to 126 in December, a two-point drop from November’s 128 and the second straight month of declines in producers’ sentiment toward the health […]
