Category: Reports
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.
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.
