Category: Reports
Future Expectations Turn Lower
Tuesday, October 3rd, 2017
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer September reading of 132 was unchanged compared to August. The monthly measure of agricultural producer sentiment – which is based on a monthly survey of 400 U.S. producers of corn, soybeans, wheat, cotton, beef cattle, dairy cattle, and hogs – has […]
Producer Sentiment Drifts Lower in August as Commodity Prices Weaken
Tuesday, September 5th, 2017
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer drifted lower in August to 132 points, down seven points from a month earlier, but still markedly stronger than a year ago when the index was just 95. The barometer, a sentiment index based on a monthly survey of 400 agricultural producers […]
Strengthening Commodity Price Expectations Send Farmer Sentiment Higher in July
Tuesday, August 1st, 2017
The Purdue/CME Group Ag Economy Barometer turned higher in July, following several months of stagnation. The index of agricultural producer sentiment, which is based on a monthly survey of 400 agricultural producers from across the country, reached 139 in July – its highest level since January 2017 and its second-highest level since data collection began […]
Ag Producers’ Financial Situation Stronger Compared to 2016
Wednesday, July 5th, 2017
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group’s June survey of 400 U.S. agricultural producers indicates producers feel their farm operations’ financial positions are stronger now than a year ago (Figure 1). This shift in producers’ perspective is one reason why the Ag Economy Barometer’s June reading of 131 was virtually unchanged from […]
Producer Sentiment Holds Steady; Producers Voice Support for Renegotiating NAFTA
Tuesday, June 6th, 2017
Jim Mintert, David Widmar, Michael Langemeier Agricultural producers’ sentiment was unchanged in May from a month earlier. The latest reading of the Purdue/CME Group Ag Economy Barometer – which is based on a monthly survey of 400 agricultural producers from across the country – was 130 (Figure 1). The producer sentiment index has hovered near […]
Ag Producer Sentiment Inches Higher in April
Tuesday, May 2nd, 2017
By Jim Mintert, David Widmar and Michael Langemeier Producer sentiment inched higher during April as the Ag Economy Barometer increased to 130. The latest result for the Purdue/CME Group Ag Economy Barometer, which is based on a monthly survey of 400 U.S. agricultural producers, was slightly higher than March’s 124 reading, but still well below […]
The Purdue-CME Group Ag Economy Barometer After One Year
Tuesday, May 2nd, 2017
By Jim Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer launched publically in May 2016 with the release of survey results from an April 2016 survey of 400 U.S. agricultural producers. The barometer’s public launch came following six months of data collection used to establish a base period for the barometer […]
Producer Sentiment Slips as 2017’s Challenges Start Coming into Focus
Tuesday, April 4th, 2017
James Mintert, David Widmar, Michael Langemeier The Purdue University/CME Group Ag Economy Barometer slipped to 124 in March, marking the second month in a row that producer sentiment dropped below the prior month’s level. Recent weakness in the Barometer – which is based on a monthly survey of 400 agricultural producers from across the […]
Producer Sentiment Backs Off from January Peak
Tuesday, March 7th, 2017
James Mintert, David Widmar, Michael Langemeier Following three months of strong gains, the Purdue/CME Group Ag Economy Barometer shifted course during February, declining to a reading of 134 compared to 153 a month earlier. Although the Barometer—a measure of producer sentiment based on a monthly survey of 400 U.S. agricultural producers—fell 19 points below its […]
Ag Producers’ Confidence Surges During January
Tuesday, February 7th, 2017
The dramatic improvement in ag producers’ sentiment that started following the November election continued into the new year. The Purdue/CME Group Ag Economy Barometer—based on a monthly survey of 400 agricultural producers from across the U.S.—reached 153 in January 2017, 21 points higher than December’s survey and 61 points higher than in October (Figure 1). […]
