Category: Reports
Ag Barometer Weakened in December
Tuesday, January 8th, 2019
James Mintert and Michael Langemeier Download pdf report The Purdue University/CME Group Ag Economy Barometer declined moderately in December to 127, which was 7 points below the index’s value one month earlier and 9 points below October’s reading. The December 2018 barometer was virtually unchanged from December 2017 when the barometer stood at 126. This […]
Ag Barometer Holds Steady in November But Farmers Express Concern About Lack of a New Farm Bill
Tuesday, December 4th, 2018
James Mintert and Michael Langemeier Download pdf report The Purdue University/CME Group Ag Economy Barometer November reading was 134, a decline of just over 1 percent from a month earlier when the barometer stood at 136. The November reading leaves the barometer 6 percent below its most recent peak, which was reached back in June […]
Ag Barometer Rebounds in October
Tuesday, November 6th, 2018
James Mintert and Michael Langemeier The Purdue University/CME Group Ag Economy Barometer rebounded in October to a reading of 136—a 22-point increase in the index compared to September—leaving the barometer nearly equal to its level one year ago. This month’s recovery in the barometer was underpinned by improved perceptions of both current conditions and future […]
Ag Barometer Drops Sharply on Concerns About Weak Farm Income
Tuesday, October 2nd, 2018
James Mintert and Michael Langemeier The Purdue University/CME Group Ag Economy Barometer fell to a reading of 114 in September, fifteen points below its August reading of 129 and its lowest reading since October 2016. September marked the second large decline in the barometer this summer, as it also declined precipitously in July. The […]
Ag Producers’ Sentiment Rebounds in August
Tuesday, September 4th, 2018
James Mintert & Michael Langemeier The Ag Economy Barometer rebounded in August to a reading of 129 after falling to 117 in July. Although the producer sentiment index increased by 12 points in August, producer sentiment remains well below its late spring readings of 141 in May and 143 in June. The shift in […]
Producer Sentiment Plummets on Price Weakness and Trade War Concerns
Tuesday, August 7th, 2018
James Mintert & Michael Langemeier Ag producer sentiment fell sharply during July as the impact of commodity price declines and concerns about ag trade prospects weighed on producers’ perceptions of both current and future conditions in the agricultural economy. The Ag Economy Barometer declined 26 points to a reading of 117 in July, driven […]
Producer sentiment inches up despite commodity price decline and continued trade war concerns
Tuesday, July 3rd, 2018
James Mintert & Michael Langemeier Ag producer sentiment improved slightly during June as the Ag Economy Barometer index rose to a reading of 143 compared to 141 a month earlier. The modest rise in the Ag Economy Barometer, which is based on a nationwide survey of 400 U.S. agricultural producers each month, was underpinned […]
More Optimistic View of Future Pushes Ag Producer Sentiment Higher
Tuesday, June 5th, 2018
James Mintert & Michael Langemeier The May reading of the Purdue University/CME Group Ag Economy Barometer was 141, 16 points higher than in April 2018 and the highest barometer value since January 2017 (Figure 1). The rise in the barometer, a sentiment index derived from a monthly survey of 400 agricultural producers across the […]
Barometer Declines for Second Month in a Row
Tuesday, May 1st, 2018
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer fell to 125 in April, which was 10 points lower than a month earlier and 15 points below its February reading (Figure 1). The sharp drop in the ag producer sentiment index, which is based upon a monthly a survey of 400 […]
Concerns About Future of Ag Trade Driving Sentiment Lower?
Tuesday, April 3rd, 2018
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer slipped to 135 in March, down 5 points compared to February, but unchanged from January’s results (Figure 1). The decline in the sentiment index, which is based upon a monthly a survey of 400 agricultural producers from across the U.S, was attributable […]
