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Purdue University

Aissa Good
(765) 496-3884
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Sarah Zahn
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smithse@purdue.edu

CME Group

Dana Schmidt
(312) 872-5443
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Laurie Bischel
(312) 648-8698
laurie.bischel@cmegroup.com

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Reports

Producer Sentiment Improves With Strengthened Commodity Prices; But High Cost Inflation Worries Farmers

May 3, 2022

The Purdue University-CME Group Ag Economy Barometer improved in April to a reading of 121, which was 8 points higher than a month earlier. Despite this month’s increase, the ag sentiment index remains 32% lower than its April 2021 reading.

Ag Economy Barometer Slides Lower, Producers Concerned About War’s Impact on Input Prices

April 5, 2022

The Purdue University-CME Group Ag Economy Barometer dipped to a reading of 113 in March, the weakest farmer sentiment reading since May 2020 which was in the early days of the pandemic. The March reading was 12 points lower than a month earlier and 36% lower than in March 2021.

Farmer Sentiment Rises During Commodity Price Rally; Concern Over Production Costs Remains

March 1, 2022

The Purdue University-CME Group Ag Economy Barometer rose 6 points in February to 125, matching the sentiment index’s reading from December. This month’s survey was conducted from February 14-18 2022, which was just prior to Russia’s invasion of Ukraine.

Ag Economy Barometer Declines, Producers Concerned About Rising Costs and Supply Chain Disruptions

February 1, 2022

Farmer sentiment weakened in January as the Purdue University/CME Group Ag Economy Barometer declined 6 points to 119, down from 125 a month earlier. This month’s decline leaves the barometer just three points higher than in November and is the second-lowest sentiment reading since July 2020.

Farmer Sentiment Rises on Strengthening Current Financial Position

January 4, 2022

For only the second time since May, the Ag Economy Barometer rose in December. This month’s index climbed to a reading of 125, 9 points higher than in November.

Farmer Sentiment Weakens as Production Cost Concerns Mount

December 7, 2021

The Ag Economy Barometer slipped to a reading of 116 in November, down 5 points from October and 30% lower than in November 2020 when the barometer stood at 167.

Farmer Sentiment Weakens Amid Rising Concerns of a Cost-Price Squeeze

November 2, 2021

For the third month in a row, agricultural producer sentiment weakened in October as the Ag Economy Barometer declined to 121, 3 points lower than a month earlier

Farmer Sentiment Declines in September, Inflation Expectations Jump

October 5, 2021

Sentiment among agricultural producers weakened in September as the Ag Economy Barometer declined 14 points to a reading of 124. This is the weakest farmer sentiment reading since July 2020.

Farmer Sentiment Improves in August, But Inflationary Concerns Mount

September 7, 2021

Agricultural producers’ sentiment improved slightly in August compared to July as the Ag Economy Barometer rose four points to a reading of 138 vs. 134 a month earlier. Although the barometer and its two key sub-indices improved in August compared to July, all three indices remain well below the very positive sentiment readings posted this…

As producer sentiment holds steady, farmers weigh in on rising input prices and farmland values

August 3, 2021

On the heels of a sharp two-month decline, the Agricultural Economy Barometer stabilized at a reading of 134 in July, just 3 points below a month earlier. This month’s sentiment index was the weakest barometer reading since July of 2020 and marked a return to sentiment readings observed from 2017 through 2019 when annual average…