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WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment hit a record high for the second consecutive month, according to the January Purdue/CME Group Ag Economy Barometer. The January reading of 153 marked a substantial increase over December’s record-breaking 132. Not only is 153 the highest reading in barometer history, but the 21-point jump also…
WEST LAFAYETTE, Ind. and CHICAGO – Producer sentiment about the agricultural economy soared on the heels of November’s presidential election, according to the December Purdue/CME Group Ag Economy Barometer report released Tuesday (Jan. 10). The December survey results landed the barometer at an all-time high reading of 132—a 16-point jump from the November survey. The…
The December results of the Ag Economy Barometer will be available on Tuesday, January 10 at 9:30 am EST/8:30 am CST, due to Purdue University’s winter recess. The barometer will return to its normal posting schedule (9:30 am EST/8:30 am CST on the first Tuesday of every month) on February 7, 2017.
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment about the industry’s economy improved substantially in November, in part because of soybean and corn futures price rallies, according to the December 6 report of the Purdue/CME Group Ag Economy Barometer. The barometer, which is based on a monthly survey of 400 U.S. agricultural producers, jumped…
WEST LAFAYETTE, Ind. and CHICAGO – Producer sentiment about the agricultural economy fell in October as focus shifted to 2017 and optimism about the future declined, according to the November 1 reading of the Purdue/CME Group Ag Economy Barometer. The Barometer landed at 92, down nine points from September’s 101 reading. The current reading is…
WEST LAFAYETTE, Ind. and CHICAGO – Farmer sentiment toward the agricultural economy improved slightly in September as fall harvest kicked off, according to the latest reading of the Purdue/CME Group Ag Economy Barometer. The barometer read 101 for the month of September, up just six points from the August reading of 95. The current reading is…
WEST LAFAYETTE, Ind. and CHICAGO – After months of increases in producer sentiment toward the U.S. agricultural economy, the August reading of the Purdue/CME Group Ag Economy Barometer showed that declining commodity prices are weighing on the minds of producers. Producer sentiment declined sharply to 95 – a 17-point drop from the July reading. The…
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producers are feeling more optimistic about the health of the agricultural economy despite declines in key commodity markets in June and early July, according to the latest survey results from the Purdue/CME Group Ag Economy Barometer. The July Producer Sentiment Index jumped to 112, an eight-point increase over…
WEST LAFAYETTE, Ind. and CHICAGO – Producer sentiment surrounding the U.S. agricultural economy rebounded in June after a dip in May, according to the latest survey results from the Purdue/CME Group Ag Economy Barometer. The June Producer Sentiment Index landed at 104, up seven points from the May reading. The index is based on a…