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Reports

Farmers Remain Cautiously Optimistic About Agricultural Economy

August 1, 2023

Agricultural producer sentiment improved slightly in July as the Purdue University-CME Group Ag Economy Barometer rose two points above its June reading to an index value of 123. This month’s survey was conducted from July 10-14, 2023.

Farmer Sentiment Rebounds on More Optimistic View of Future

July 5, 2023

Farmer sentiment rebounded in June as the Purdue University-CME Group Ag Economy Barometer rose 17 points to a reading of 121. This month’s Ag Economy Barometer survey was conducted from June 12-16, 2023.

Farmer Sentiment Sours as Crop Prices Decline

June 6, 2023

Producer sentiment fell to its weakest reading since July 2022, as the Purdue University-CME Group Ag Economy Barometer Index declined 19 points to a reading of 104 in May. This month’s survey was conducted from May 15-19, 2023.

Farmer sentiment improves; less pessimism over interest rates

May 2, 2023

Farmer sentiment improved modestly in April as the Purdue University-CME Group Ag Economy Barometer reversed a two-month decline up 6 points to a reading of 123. This month’s survey was conducted from April 10-14, 2023.

Commodity Price Outlook and Interest Rate Concerns Cloud Farmer Sentiment

April 4, 2023

Farmer sentiment weakened again in March as the Purdue University-CME Group Ag Economy Barometer fell 8 points to a reading of 117. Weaker prices for key commodities including wheat, corn, and soybeans from mid-February through mid-March were a key factor behind this month’s weaker sentiment reading. This month’s survey was conducted from March 13-17, 2023 which coincided with the demise of Silicon Valley Bank and Signature Bank.

Farmer Sentiment Dips in February

March 7, 2023

The Purdue University-CME Group Ag Economy Barometer Index dipped 5 points in February to a reading of 125. Farmers’ perspectives regarding both current conditions on their farms and their expectations for the future both weakened. This month’s survey was conducted from February 13-17, 2023.

Improvement In Farmer Sentiment Carries Over Into 2023

February 7, 2023

The Purdue University-CME Group Ag Economy Barometer Index rose again in January, to a reading of 130, 4 points above its 2022 year-end index value. The January survey results also pushed the index 34% above its 2022 low point which occurred last June. This month’s survey was conducted from January 16-20, 2023.

Farmer Sentiment Rebounds at Year End on Stronger 2022 Income

January 3, 2023

Farmer sentiment was unchanged in November as the Purdue University-CME Group Ag Economy Barometer Index came in at a reading of 102, the same as in October. This month’s survey was conducted November 14-18, 2022.

High Input Costs and Rising Interest Rates Top Concerns As Farmer Sentiment Remains Unchanged

December 6, 2022

Farmer sentiment was unchanged in November as the Purdue University-CME Group Ag Economy Barometer Index came in at a reading of 102, the same as in October. This month’s survey was conducted November 14-18, 2022.

Ag Economy Barometer Declines Again, Producers Express Concern About Interest Rate Policy

November 1, 2022

Farmer sentiment weakened again in October as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 102, down 10 points compared to a month earlier. This month’s survey was conducted from October 10-14, 2022.