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Producers more optimistic in January; many expect lower taxes

February 6, 2018

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…

Weak future outlook drives producer sentiment lower

January 9, 2018

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…

Ag barometer: Producer sentiment slips following harvest

December 5, 2017

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…

Ag Economy Barometer: Producers more optimistic in October

November 7, 2017

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…

Producer optimism about the future wanes in September report

October 3, 2017

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…

Producer sentiment down slightly as commodity prices weaken

September 6, 2017

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…

Ag Barometer indicates farmer sentiment is at highest level since January

August 2, 2017

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…

Ag producers say financials stronger than 2016; predict missed financial targets in 2017

July 5, 2017

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…

May sentiment steady; producers favor NAFTA renegotiations

June 7, 2017

WEST LAFAYETTE, Ind. and CHICAGO – Producer sentiment toward the agricultural economy held steady in May, continuing a trend of overall higher optimism, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer read 130, the same as April. Producer sentiment has hovered around the 130-point mark for five of the last six…

April barometer shows slight uptick in producer sentiment

May 2, 2017

WEST LAFAYETTE, Ind. and CHICAGO – Producer sentiment toward the agricultural economy inched up six points in April, according to the Purdue University/CME Group Ag Economy Barometer. The barometer increased from 124 in March to 130 in April. The higher reading comes on the heels oftwo months of declines following January 2017’s all-time high of…