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Producers bullish about farmland values amid strong current conditions

March 2, 2021

WEST LAFAYETTE, Ind. and CHICAGO — Farmers continue to report strong current economic conditions on their farms, according to the February Purdue University/CME Group Ag Economy Barometer. While the overall reading for the Ag Economy Barometer changed very little compared to January, down 2 points to a reading of 165 in February; the Index of…

Ag Barometer drifts lower, farmers remain concerned about the future despite strong economic conditions

February 2, 2021

WEST LAFAYETTE, Ind. and CHICAGO —The Purdue University/CME Group Ag Economy Barometer dropped 7 points in January to a reading of 167. While the Index of Current Conditions remained relatively flat, down 3 points to a reading of 199; the Index of Future Expectations fell 10 points to a reading of 151. Since its peak…

Farmer sentiment rises as income prospects improve, concerns about key policy issues remain

January 5, 2021

WEST LAFAYETTE, Ind. and CHICAGO — There was a modest improvement in producer sentiment according to the December Purdue University/CME Group Ag Economy Barometer. The barometer increased 7 points from November to a reading of 174. Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations, were also higher…

Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns

December 1, 2020

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer dropped 16 points to a reading of 167 in November, down from its all-time high set just one month ago. The decrease in sentiment was led by farmers’ more pessimistic view towards the future of the agricultural economy with the Index of…

Ag Economy Barometer rises to record high on improving financial conditions

November 3, 2020

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer rose 27 points to a reading of 183 in October and set an all-time high for the index. Farmers were more optimistic about both the future and current financial situation on their farms, the Current Conditions Index rose 36 points to a…

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…