Category: Reports
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 […]
Ag Producer Sentiment Improves; but Uncertainty about the Future of NAFTA Looms
Tuesday, March 6th, 2018
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer moved higher again in February. At 140 points, producer sentiment, which is based on monthly survey of 400 agricultural producers from across the country, reached its second-highest level in more than two years of data collection. Sentiment is also higher for the […]
Ag Producer Sentiment Turns Higher; Many Expect Lower Taxes
Tuesday, February 6th, 2018
James Mintert, David Widmar and Michael Langemeier After trending lower in late 2017, the Purdue/CME Group Ag Economy Barometer turned higher in January. The monthly survey of 400 agricultural producers from across the U.S. indicated that the measure of producer sentiment climbed to 135 points at the beginning of 2018, up 9 points from […]
Increasing Pessimism about the Future Drives Producer Sentiment Lower
Tuesday, January 9th, 2018
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer drifted lower to a reading of 126 in December, the second month in a row that the barometer has declined. The Ag Economy Barometer is based on monthly survey responses provided by 400 agricultural producers from across the U.S. December’s barometer […]
Post-Harvest Slump in Ag Producer Sentiment
Tuesday, December 5th, 2017
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer dropped 7 points in November, signaling a slump in U.S. agricultural producers’ confidence compared to a month earlier. At a reading of 128, the measure of producer optimism in November was the second weakest observed during 2017 and stood just 4 […]
Improved Producer Optimism in October
Tuesday, November 7th, 2017
James Mintert, David Widmar and Michael Langemeier The latest measure of agricultural producer sentiment improved slightly during October to 135, its third-highest level since data collection began two years ago (Figure 1). Although stronger than a month earlier, the Purdue/CME Group Ag Economy Barometer remained within the trading range it has been in since […]
