Category: Reports
Farmer sentiment rises as income prospects improve, concerns about key policy issues remain
Tuesday, January 5th, 2021
Farmer sentiment improved modestly in December as the Ag Economy Barometer rose to a reading of 174, up 7 points from November. Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations, were higher in December than in November although the current conditions improvement was three-times the size of […]
Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns
Tuesday, December 1st, 2020
U.S. farmers sentiment weakened following the November 2020 elections, as the Purdue University-CME Group Ag Economy Barometer fell 16 points from a month earlier to a reading of 167. The decline in the Ag Economy Barometer was the result of weakened expectations for the future on the part of agricultural producers.
Ag Economy Barometer Rises to Record High On Improving Financial Conditions
Tuesday, November 3rd, 2020
Farmer sentiment hit a new record high in October as the Purdue University-CME Group Ag Economy Barometer climbed to a reading of 183, a 27-point increase compared to September. The reading easily eclipsed the previous record high set back in February, before the pandemic’s onset.
Ag Barometer Rises as Crop Prices Rally and USDA Announces CFAP 2
Tuesday, October 6th, 2020
U.S. agricultural producers became more optimistic again in September as the Purdue University-CME Group Ag Economy Barometer climbed to 156, the highest reading for the index since the pandemic began last winter and 12 points higher than one-month earlier.
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.
