Category: Reports

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 […]

Low Commodity Prices Weigh on Producer Sentiment

Tuesday, September 6th, 2016


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 […]

Long Term Outlook Strengthens

Tuesday, August 2nd, 2016


By James Mintert, David A. Widmar, Michael Langemeier As the dust settled on what turned out to be a volatile June and early July for commodity markets, agricultural producer sentiment turned higher (Figure 1). The Purdue/CME Group Ag Economy Barometer, which is based on a monthly survey of 400 agricultural producers, came in at 112 […]

Ag Economy Barometer Moves Higher; Weather on Producers’ Minds

Tuesday, July 5th, 2016


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 […]

Recent 6 months of the Ag Barometer Reading as of April 2016

Producer Sentiment Settles Lower; Outlook Toward Farmland Remains Favorable

Tuesday, June 7th, 2016


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 […]


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