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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…
WEST LAFAYETTE, Ind. and CHICAGO – Farmer sentiment dropped seven points in August as both grain and oilseed prices fell, according to the Purdue University/CME Group Ag Economy Barometer. While the barometer, which is based on a survey of 400 U.S. agricultural producers, showed a decrease in optimism, the August reading of 132 is still stronger…
WEST LAFAYETTE, Ind. and CHICAGO – Farmers’ sentiment about the agricultural economy climbed to 139 in July – the highest level recorded in 2017 since January, according to the Purdue University/CME Group Ag Economy Barometer. The barometer, which is based on a survey of 400 U.S. agricultural producers, exceeded recent barometer readings by 8 to 9…
WEST LAFAYETTE, Ind. and CHICAGO – U.S. agricultural producers indicated their farm operations’ financial positions are stronger than at this time in 2016, but expressed concerns that they might not meet their 2017 financial targets, according to a monthly producer survey conducted as part of the Purdue University/CME Group Ag Economy Barometer. The barometer, which is…