Category: Reports
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 […]
Future Expectations Turn Lower
Tuesday, October 3rd, 2017
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer September reading of 132 was unchanged compared to August. The monthly measure of agricultural producer sentiment – which is based on a monthly survey of 400 U.S. producers of corn, soybeans, wheat, cotton, beef cattle, dairy cattle, and hogs – has […]
Producer Sentiment Drifts Lower in August as Commodity Prices Weaken
Tuesday, September 5th, 2017
James Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer drifted lower in August to 132 points, down seven points from a month earlier, but still markedly stronger than a year ago when the index was just 95. The barometer, a sentiment index based on a monthly survey of 400 agricultural producers […]
Strengthening Commodity Price Expectations Send Farmer Sentiment Higher in July
Tuesday, August 1st, 2017
The Purdue/CME Group Ag Economy Barometer turned higher in July, following several months of stagnation. The index of agricultural producer sentiment, which is based on a monthly survey of 400 agricultural producers from across the country, reached 139 in July – its highest level since January 2017 and its second-highest level since data collection began […]
