Category: Reports
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.
Farmer Sentiment Improves on Rise in Crop Prices and USDA Payment Announcements
Tuesday, July 2nd, 2019
The Ag Economy Barometer improved by 25 points in June to a reading of 126. The improvement in farmers’ sentiment occurred in the midst of this spring’s corn and soybean planting delays in the nation’s mid-section, which is expected to lead to unprecedented levels of prevented planting claims for both corn and soybeans.
Farmer Sentiment Collapsing As Financial Conditions Continue to Decline
Tuesday, June 4th, 2019
The Ag Economy Barometer collapsed by 14 points in May to a reading of 101. Producer sentiment dropped to the lowest level since since Oct 2016, erasing the large improvement in sentiment recorded following the November 2016 election.
Ag Economy Barometer Plummets in April
Tuesday, May 7th, 2019
The Ag Economy Barometer plummeted in April, declining to a reading of 115, an 18-point decline compared to March when the sentiment index stood at 133. The 18-point decline in the index was the fourth largest one-month fall in the barometer since data collection began in October 2015.
Ag Barometer Drifts Lower On Concerns About the Future
Tuesday, April 2nd, 2019
“This month’s drop is largely due to producers’ weaker outlook regarding future economic conditions in agriculture.” said Jim Mintert. Watch as he reviews the Purdue/CME Group Ag Economy Barometer results at purdue.ag/barometervideo.
Farmer Sentiment Weakens Amid Increasing Marketing Risk Concerns
Tuesday, March 5th, 2019
Ag producer sentiment declines in February as farmers are less optimistic about current conditions and the commodity price outlook. Jim Mintert gives his review on the Ag Economy Barometer results at purdue.ag/barometervideo.
USDA Payments Provide Boost to Farmer Sentiment in January
Tuesday, February 5th, 2019
Farmer optimism improved for January as USDA makes payments. Jim Mintert shares more on the January Ag Economy Barometer results at purdue.ag/barometervideo.
Ag Barometer Weakened in December
Tuesday, January 8th, 2019
Ag producer sentiment towards the ag economy declined moderately for December as concern over trade disputes and future profitability persisted. Jim Mintert breaks down the December Ag Economy Barometer results at purdue.ag/barometervideo.
Ag Barometer Holds Steady in November But Farmers Express Concern About Lack of a New Farm Bill
Tuesday, December 4th, 2018
Farmer sentiment towards the ag economy holds steady for November but there is still concern over interest rates, the farm bill, and future profitability. Jim Mintert breaks down the November Ag Economy Barometer results at purdue.ag/barometervideo.
