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Farmer sentiment declines in September, inflation expectations jump

October 5, 2021

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer declined in September, down 14 points to a reading of 124. With producers feeling less optimistic about both current conditions on their farming operations as well as their expectations for the future, this is the weakest farmer sentiment reading since July 2020…

Farmer sentiment improves in August, but inflationary concerns mount

September 7, 2021

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer improved in August, up 4 points to a reading of 138. The modest rise was attributable to improvements in both of the barometer’s sub-indices. The Index of Current Conditions rose 9 points to a reading of 152 and the Index of Future…

As producer sentiment holds steady, farmers weigh in on rising input prices and farmland values

August 3, 2021

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer leveled off after two months of sharp declines, down just 3 points to a reading of 134 in July. Both producers’ sentiment regarding current and future conditions also dropped. The Index of Current Conditions was down 6 points to a reading of…

Ag Economy Barometer falls for second month; rising input costs causing concern for farmers

July 6, 2021

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer marks a second month of sharp declines, down 21 points to a reading of 137 in June. Producers were less optimistic about both current conditions on their farming operations as well as their expectations for the future. The Index of Current Conditions…

Ag Economy Barometer declines sharply; producers remain bullish on farmland values

June 1, 2021

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer saw a significant decline in May, down 20 points to a reading of 158. This marks the lowest reading for the survey since September of 2020. Producers were less optimistic about both current conditions and the future of the agricultural economy. The…

Ag Economy Barometer remains strong; producers concerned about possible changes in estate tax policy

May 4, 2021

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer was virtually unchanged in April, up one point from March to a reading of 178. Producers are becoming more optimistic about the future. The Index of Future Expectations continued its upward trend from last month, up 5 points to a reading of…

Strong commodity prices and improved financial conditions boost Ag Economy Barometer

April 6, 2021

WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer rose 12 points in March to a reading of 177, marking the highest reading for the barometer since October 2020. The rise was attributed to producers’ more optimistic view of the future. The Index of Future Expectations snapped a four-month decline, rising…

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…