Category: Reports
Farmer Sentiment Rebounds as Commodity Prices Rally and Agriculture Trade Prospects Improve
Tuesday, September 1st, 2020
Farmer sentiment improved markedly in August as the Purdue University-CME Group Ag Economy Barometer rose to a reading of 144, 26 points higher than a month earlier. The barometer and its two sub-indices all posted their most positive readings since February 2020 when record highs were established and before the pandemic began.
Ag Economy Barometer Stable, But Farmers Less Optimistic About Future
Tuesday, August 4th, 2020
Farmer sentiment in July was virtually unchanged from a month earlier as the Purdue University-CME Group Ag Economy Barometer rose just one point to a reading of 118. The small change in the barometer left it 30 percent below its February 2020 peak and 23 percent below its level a year ago.
Farmer Sentiment Rebounds Amidst Ongoing COVID-19 Concerns
Tuesday, July 7th, 2020
Farmer sentiment improved again in June as the Purdue University-CME Group Ag Economy Barometer rose 14 points to a reading of 117. The rise was fueled by improvements in both the Index of Current Conditions which rose 19% higher than a month earlier, and the Index of Future Expectations which climbed 12% higher than in […]
COVID-19 Continues to Impact Farmer Sentiment; Majority Indicate Economic Assistance Bill Necessary
Tuesday, June 2nd, 2020
Farmer sentiment improved slightly in May after falling sharply in both March and April. The Purdue University-CME Group Ag Economy Barometer reading in May was 103; the 7 point improvement from April left the gauge of farmer sentiment nearly 40 percent below its February peak of 168.
Ag Barometer Index Drops Below 100 as Coronavirus Disrupts Agriculture
Tuesday, May 5th, 2020
For the second month in a row the Purdue University-CME Group Ag Economy Barometer dropped sharply, falling 25 points in April to a reading of 96. This marks the first time the barometer has fallen below 100 since October 2016.
Farmer Sentiment Plummets as Coronavirus Concerns Rise
Tuesday, April 7th, 2020
The Ag Economy Barometer plummeted in March, dipping 47 points (28%) from a month earlier to a reading of 121. The point drop was the largest one-month fall in the life of the index, which dates to October 2015.
Optimism about current conditions pushes farmer sentiment index to all-time high
Tuesday, March 3rd, 2020
The Ag Economy Barometer rose slightly with a reading of 168 in February, just one point higher than January. The one-point rise in the sentiment index was enough to push the barometer to a new all-time high.
Expectations for improved trade with China sends farmer sentiment soaring
Tuesday, February 4th, 2020
The Ag Economy Barometer rose to a reading of 167 in January, a 17-point jump from December when the index stood at 150. Virtually all of the rise in this month’s barometer was attributable to a sharp rise in optimism about future conditions in agriculture.
Farmers optimistic about the future, even as their perception of current economic conditions drops
Tuesday, January 7th, 2020
The Ag Economy Barometer dipped to a reading of 150 in December, down 3 points compared to November. The barometer’s decline was attributable to a decline in producers’ perception of current economic conditions.
Farmer sentiment jumps up in November as harvest winds down
Tuesday, December 3rd, 2019
The Ag Economy Barometer improved to a reading of 153 in November, up 17 points compared to October. This month’s rise in sentiment left the barometer tied with July for the highest reading of 2019.
