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Ag Barometer rises as crop prices rally and USDA announces CFAP 2

October 6, 2020

WEST LAFAYETTE, Ind. and CHICAGO — Farmer sentiment hit a post pandemic high in September, according to the Purdue University/CME Group Ag Economy Barometer. The index rose to a reading of 156, up 12 points from August and up 60 points from its 2020 low in April. The Current Conditions Index also saw an uptick,…

Farmer sentiment rebounds as commodity prices rally and agriculture trade prospects improve

September 1, 2020

WEST LAFAYETTE, Ind. and CHICAGO — There was a big improvement in farmer sentiment in August, according to the Purdue University/CME Group Ag Economy Barometer. The index rose to a reading of 144, up 26 points from July. The Ag Economy Barometer is based on survey responses from 400 U.S. agricultural producers and was conducted…

Ag Economy Barometer stable, but farmers less optimistic about future

August 4, 2020

WEST LAFAYETTE, Ind. and CHICAGO — Farmer sentiment was virtually unchanged in July in comparison to a month earlier, according to the Purdue University/CME Group Ag Economy Barometer. The index rose just one point from June to a reading of 118, still 30 percent lower than in February before the pandemic began. The Ag Economy…

Farmer sentiment rebounds amidst ongoing COVID-19 concerns

July 7, 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

June 2, 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

May 5, 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

April 7, 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

March 3, 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

February 4, 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

January 7, 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…