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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…
After a surge in producer sentiment in April, spurred in part by a favorable swing in commodity prices, producer sentiment settled lower in May (Figure 1). At a value of 97, the Ag Economy Barometer – which is based on a monthly survey of 400 agricultural producers’ sentiment and opinions regarding the health of the…
Following a series of declines in the Purdue University-CME Group Ag Economy Barometer from October through March, the April reading of the barometer improved sharply. The index (Figure 1) improved from 85 in March to 106 in April, a reading that was just slightly below its December 2015 level. The Ag Economy Barometer, based on…
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