Farmer sentiment improves in August, but inflationary concerns mount
WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer improved in August, up 4 points to a reading of 138. The modest rise was attributable to improvements in both of the barometer’s sub-indices. The Index of Current Conditions rose 9 points to a reading of 152 and the Index of Future…
Read MoreFarmer Sentiment Improves in August, But Inflationary Concerns Mount
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…
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Read MoreAs producer sentiment holds steady, farmers weigh in on rising input prices and farmland values
WEST LAFAYETTE, Ind. and CHICAGO — The Purdue University/CME Group Ag Economy Barometer leveled off after two months of sharp declines, down just 3 points to a reading of 134 in July. Both producers’ sentiment regarding current and future conditions also dropped. The Index of Current Conditions was down 6 points to a reading of…
Read MoreAs producer sentiment holds steady, farmers weigh in on rising input prices and farmland values
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…
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