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Slight increase in producer sentiment despite rising costs and lower crop prices

August 2, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose 6 points in July to a reading of 103. Producers were somewhat more optimistic about both current and future economic conditions on their farms when compared to June. The Index of Current Conditions rose 10 points to a reading…

Farmer sentiment remains weak, crop producers contemplating acreage shifts in 2023

July 5, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer continued to slide in June, down 2 points to a reading of 97. Producers’ expectations for the future also weakened. The Index of Future Expectations fell 5 points to a reading of 96, marking the lowest level for the index since October 2016.…

Farmer sentiment plummets as production costs skyrocket

June 7, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer dropped to its lowest level since April 2020, down 22 points in May to a reading of 99. Agricultural producers’ perceptions regarding current conditions on their farms, as well as their future expectations, both weakened this month. The Index of Current Conditions…

Producer sentiment improves with strengthened commodity prices; but high cost inflation worries farmers

May 3, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer improved in April up 8 points to a reading of 121; however, it remains 32% below its reading from the same time last year. Producers’ perspective on current conditions and future expectations saw an uptick over the past month. The Index of…

Ag Economy Barometer slides lower, producers concerned about war’s impact on input prices

April 5, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer dipped to a reading of 113 in March, down 12 points from February and 36% lower than March 2021, marking the weakest farmer sentiment reading since May 2020, the early days of the pandemic. The decline was driven by producers’ weaker perceptions…

Farmer sentiment rises during commodity price rally; concern over production costs remains

March 1, 2022

WEST LAFAYETTE, Ind. and CHICAGO — Farmer sentiment continues to fluctuate month-to-month as the Purdue University/CME Group Ag Economy Barometer rose 6 points to a reading of 125 in February, a mirror image of the previous month. The Index of Current Conditions was down 1 point to a reading of 132, while the Index of…

Ag Economy Barometer declines, producers concerned about rising costs and supply chain disruptions

February 1, 2022

WEST LAFAYETTE, Ind. and CHICAGO — Farmer sentiment weakened in January as the Purdue University/CME Group Ag Economy Barometer declined 6 points to a reading of 119, its second-lowest reading since July 2020. The Index of Current Conditions fell 13 points to a reading of 133, while the Index of Future Expectations changed little in…

Farmer sentiment rises on strengthening current financial position

January 4, 2022

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer rose for only the second time since May, up 9 points to a reading of 125 in December. The Index of Current Conditions and the Index of Future Expectations also rose this month with a stronger current conditions index primarily responsible for…

Farmer sentiment weakens as production cost concerns mount

December 7, 2021

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer slipped 5 points in November to a reading of 116 as producers continue to be pessimistic about both the current and future outlook of the agricultural economy. The Index of Current Conditions declined 7 points in November to a reading of 128…

Farmer sentiment weakens amid rising concerns of a cost-price squeeze

November 2, 2021

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer recorded a drop in producer sentiment in October, down 3 points to a reading of 121. The modest drop was part of a three-month slide for the index primarily due to producers’ weakened perceptions for both current and future conditions in the…