Category: Reports
Producer Sentiment Holds Steady; Producers Voice Support for Renegotiating NAFTA
Tuesday, June 6th, 2017
Jim Mintert, David Widmar, Michael Langemeier Agricultural producers’ sentiment was unchanged in May from a month earlier. The latest reading of the Purdue/CME Group Ag Economy Barometer – which is based on a monthly survey of 400 agricultural producers from across the country – was 130 (Figure 1). The producer sentiment index has hovered near […]
Ag Producer Sentiment Inches Higher in April
Tuesday, May 2nd, 2017
By Jim Mintert, David Widmar and Michael Langemeier Producer sentiment inched higher during April as the Ag Economy Barometer increased to 130. The latest result for the Purdue/CME Group Ag Economy Barometer, which is based on a monthly survey of 400 U.S. agricultural producers, was slightly higher than March’s 124 reading, but still well below […]
The Purdue-CME Group Ag Economy Barometer After One Year
Tuesday, May 2nd, 2017
By Jim Mintert, David Widmar and Michael Langemeier The Purdue/CME Group Ag Economy Barometer launched publically in May 2016 with the release of survey results from an April 2016 survey of 400 U.S. agricultural producers. The barometer’s public launch came following six months of data collection used to establish a base period for the barometer […]
Producer Sentiment Slips as 2017’s Challenges Start Coming into Focus
Tuesday, April 4th, 2017
James Mintert, David Widmar, Michael Langemeier The Purdue University/CME Group Ag Economy Barometer slipped to 124 in March, marking the second month in a row that producer sentiment dropped below the prior month’s level. Recent weakness in the Barometer – which is based on a monthly survey of 400 agricultural producers from across the […]
Producer Sentiment Backs Off from January Peak
Tuesday, March 7th, 2017
James Mintert, David Widmar, Michael Langemeier Following three months of strong gains, the Purdue/CME Group Ag Economy Barometer shifted course during February, declining to a reading of 134 compared to 153 a month earlier. Although the Barometer—a measure of producer sentiment based on a monthly survey of 400 U.S. agricultural producers—fell 19 points below its […]
Ag Producers’ Confidence Surges During January
Tuesday, February 7th, 2017
The dramatic improvement in ag producers’ sentiment that started following the November election continued into the new year. The Purdue/CME Group Ag Economy Barometer—based on a monthly survey of 400 agricultural producers from across the U.S.—reached 153 in January 2017, 21 points higher than December’s survey and 61 points higher than in October (Figure 1). […]
Post-Election Improvement in Ag Producer Sentiment Continues in December
Tuesday, January 10th, 2017
James Mintert, David Widmar, Michael Langemeier Agricultural producer sentiment rose sharply as 2016 drew to a close. December’s reading of 132 for the Purdue/CME Group Ag Economy Barometer marked the second month in a row that the index increased, rising to its highest level since data collection began in October 2015. The December reading is […]
Post-Harvest Grain-Price Rallies Lift Ag Producers’ Spirits
Tuesday, December 6th, 2016
James Mintert, David Widmar, Michael Langemeier Agricultural producers’ sentiment improved markedly in November, reaching its highest level since October 2015. At 116, the Purdue University/CME Group Ag Economy Barometer–a monthly survey of 400 agricultural producers from across the country–was considerably higher than October 2016’s value of 92 and also compared favorably with the early summer […]
Producers’ Future Outlook Dims as Attention Shifts Toward 2017
Tuesday, November 1st, 2016
By Jim Mintert, David Widmar, Michael Langemeier The Purdue/CME Group Ag Economy Barometer settled lower in October. Based on a survey of 400 agricultural producers across the U.S., the monthly measure of U.S. agricultural producers’ sentiment was measured at 92, the lowest reading since March 2016 and the second-lowest Ag Economy Barometer value since data […]
Ag Sentiment Moderates in September, Continues to Favor Livestock
Tuesday, October 4th, 2016
By Jim Mintert, David Widmar, Michael Langemeier The Purdue University/CME Group Ag Economy Barometer indicated that farmer sentiment improved modestly during September as fall harvest got under way across most of the U.S. Based on a monthly survey of 400 agricultural producers, the Ag Economy Barometer was at 101 in September (Figure 1). While this […]
