Category: Reports
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.
Farmer Sentiment on Trade and the Overall Ag Economy Improves As Fall Harvest Gets Underway
Tuesday, November 5th, 2019
The Ag Economy Barometer improved to a reading of 136 in October, up 15 points compared to September, which pushed the barometer back to the same level observed in October 2018.
Farmer Sentiment Regarding Current Conditions Slips in September
Tuesday, October 1st, 2019
The Ag Economy Barometer dipped slightly in September to a reading of 121, down just 3 points from August, when the index stood at 124. Ag producers were noticeably more pessimistic about current conditions on their farms and in the U.S. ag economy.
Ag barometer declines sharply as commodity prices weaken; Majority of farmers expect MFP payments in 2020
Tuesday, September 3rd, 2019
After rising sharply two months in a row, the Ag Economy Barometer weakened significantly in August falling back to a reading of 124, down 29 points compared to a month earlier and just slightly below the June reading of 126.
Confidence in the ag economy soars; Producers confirm large prevented plantings of corn and soybeans
Tuesday, August 6th, 2019
The Ag Economy Barometer improved by 27 points in July to a reading of 153. July was the second month in a row that the barometer rose sharply, leaving the barometer 52 points higher than in May.
