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Farmer sentiment improves following USDA’s second MFP payment announcement and Farm Bill approval

February 5, 2019

WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producers were more optimistic about the agricultural economy in January, but they remain concerned about farmland values, according to results from the January Purdue University/CME Group Ag Economy Barometer. The barometer, which is based on 400 survey responses from agricultural producers across the country, rebounded to a reading…

Ag Producers’ sentiment drifts lower; trade disputes continue to concern farmers

January 8, 2019

WEST LAFAYETTE, Ind. and CHICAGO – There was a modest drop in agricultural producer sentiment in December as farmers’ perception of both current and future economic conditions weakened, according to results from the Purdue University/CME Group Ag Economy Barometer. The December barometer reading of 127 was 7 points lower than November. The barometer is based…

Producer sentiment holds steady, but lack of new farm bill concerns farmers

December 4, 2018

WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment held steady in November with producers remaining optimistic about the state of the agricultural economy, according to results from the Purdue University/CME Group Ag Economy Barometer. The November barometer reading of 134 was only 1 percent lower than October, which is similar to levels seen last…

Ag producer sentiment rebounds; producers react favorably to U.S.-Mexico-Canada Agreement

November 6, 2018

WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment rebounded in October, according to the Purdue University/CME Group Ag Economy Barometer. The October barometer reading of 136 was 22 points higher than September, which was the lowest reading for the survey since 2016. The barometer is based on a survey of 400 agricultural producers from…

Ag Barometer drops to lowest level in two years as farm financial conditions worsen

October 2, 2018

WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment dropped to its lowest level since October 2016 as producers expressed concern over worsening farm financial conditions, according to the latest Purdue University/CME Group Ag Economy Barometer reading. The September barometer reading was 114, down 15 points since August. The barometer is based on a monthly…

Farmer sentiment rises, but opinions split over potential impact of aid package

September 4, 2018

WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment increased modestly in August after dipping sharply in July according to the latest Purdue University/CME Group Ag Economy Barometer reading. The barometer, which is based on a monthly survey of 400 agricultural producers from across the country, had an August reading of 129, 12 points higher…

Record decline in the ag barometer as trade war concerns and low commodity prices weaken producer

August 7, 2018

WEST LAFAYETTE, Ind. and CHICAGO – The Purdue University/CME Group Ag Economy Barometer declined 26 points, down to 117, in July making it the largest one-month decline in producer sentiment since data collection began in October 2015. The drop in sentiment was fueled by increasing trade war concerns and decreasing commodity prices. “This summer we’ve…

Producer sentiment inches up despite commodity price decline and continued trade war concerns

July 3, 2018

WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment rose slightly in June according to the Purdue University/CME Group Ag Economy Barometer. The increase was unexpected given unresolved trade war concerns and sharp price declines for key commodities, including corn, wheat and, especially, soybeans during the month. The June barometer reading of 143 was only…

Optimism drives farmer sentiment higher; Producers weigh-in on farm bill and crop insurance

June 5, 2018

WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment rose last month to its highest level since January 2017, as producers expressed an improved view of current conditions and future expectations of the U.S. agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer reading of 141 was 16 points higher…

Ag Barometer declines for second month amid looming trade war concerns

May 1, 2018

WEST LAFAYETTE, Ind. and CHICAGO – Trade war concerns continue to drive a sharp decline in producer sentiment toward the agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The April barometer reading of 125 was 10 points lower than a month earlier and 15 points below the February reading. The barometer is…