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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…
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…
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…
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…
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…
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…
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…
Note to journalists: The December Ag Economy Barometer Report will publish on Tuesday, January 9, 2018, due to Purdue University’s winter recess. Download the full reports schedule. WEST LAFAYETTE, Ind. and CHICAGO – Producers expressed lower sentiment toward the agricultural economy in November on the heels of fall harvest, according to the Purdue University/CME…
WEST LAFAYETTE, Ind. and CHICAGO – Producer sentiment toward the agricultural economy improved slightly in October, according to a monthly survey of 400 agricultural producers from across the United States. The Purdue University/CME Group Ag Economy Barometer landed at 135 in October, up three points from September. It represented the third-highest reading since data collection…
WEST LAFAYETTE, Ind. and CHICAGO – Produers’ optimism about the future of the agricultural economy fell in September, according to the Index of Future Expectations, a sub-index of the Purdue University/CME Group Ag Economy Barometer. The overall barometer held steady from August to September with a reading of 132 as its two sub-indices – the…