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Reports

Farmer Sentiment Rises on Strengthening Current Financial Position

January 4, 2022

For only the second time since May, the Ag Economy Barometer rose in December. This month’s index climbed to a reading of 125, 9 points higher than in November.

Farmer Sentiment Weakens as Production Cost Concerns Mount

December 7, 2021

The Ag Economy Barometer slipped to a reading of 116 in November, down 5 points from October and 30% lower than in November 2020 when the barometer stood at 167.

Farmer Sentiment Weakens Amid Rising Concerns of a Cost-Price Squeeze

November 2, 2021

For the third month in a row, agricultural producer sentiment weakened in October as the Ag Economy Barometer declined to 121, 3 points lower than a month earlier

Farmer Sentiment Declines in September, Inflation Expectations Jump

October 5, 2021

Sentiment among agricultural producers weakened in September as the Ag Economy Barometer declined 14 points to a reading of 124. This is the weakest farmer sentiment reading since July 2020.

Farmer Sentiment Improves in August, But Inflationary Concerns Mount

September 7, 2021

Agricultural producers’ sentiment improved slightly in August compared to July as the Ag Economy Barometer rose four points to a reading of 138 vs. 134 a month earlier. Although the barometer and its two key sub-indices improved in August compared to July, all three indices remain well below the very positive sentiment readings posted this…

As producer sentiment holds steady, farmers weigh in on rising input prices and farmland values

August 3, 2021

On the heels of a sharp two-month decline, the Agricultural Economy Barometer stabilized at a reading of 134 in July, just 3 points below a month earlier. This month’s sentiment index was the weakest barometer reading since July of 2020 and marked a return to sentiment readings observed from 2017 through 2019 when annual average…

Ag Economy Barometer falls for second month; rising input costs causing concern for farmers

July 6, 2021

For the second month in a row, the Ag Economy Barometer declined sharply, falling to a reading of 137, which was 21 points below a month earlier, and the weakest ag producer sentiment reading since July 2020.

Ag Economy Barometer Declines Sharply; Producers Remain Bullish on Farmland Values

June 1, 2021

The Ag Economy Barometer declined 20 points in May to 158 which is the lowest reading since September 2020. Both principal sub-indices, the Index of Current Conditions and Index of Futures Expectations, declined also. Reflecting expectations for a strong crop sector, two-thirds of corn and soybean producers expect farmland cash rental rates to rise in…

Ag Economy Barometer remains strong; producers concerned about possible changes in estate tax policy

May 4, 2021

The April Ag Economy Barometer was virtually unchanged from a month earlier when the index stood at 177 and just 5 points below its all-time high of 183, which was set back in October. Compared to March, however, there was a small change in producers’ perspective on the ag economy as they became more optimistic…

Strong Commodity Prices and Improved Financial Conditions Boost Ag Economy Barometer

April 6, 2021

The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October. Strong ag commodity prices and improved farm financial conditions continue to support the Ag Economy Barometer readings as we head into spring.