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…

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…

James Mintert, David Widmar, and Michael Langemeier After several months of improvement in sentiment toward the ag economy, declining commodity prices weighed heavily on farmer sentiment during August. The Purdue University/CME Group Ag Economy Barometer–based upon a monthly survey of 400 farmers across the U.S.–fell to 95 in August, down from 112 in July. The…

By: James Mintert and David Widmar The Ag Economy Barometer turned higher in June with the index settling at 104. The June agricultural sentiment reading was higher than during the six-month base period, which averaged 100 between October 2015 and March 2016, and was also stronger than May’s reading of 97 (Figure 1). June marked the…