Weakening Crop Prices and High Production Costs Weigh on Farmer Sentiment
Agricultural producers’ sentiment declined for the second month in a row during September as the Purdue University-CME Group Ag Economy Barometer fell 9 points to a reading of 106.
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Read MoreAg Economy Barometer: Farmer Sentiment Drops in August
Farm Equipment
Read MoreFarmer sentiment dips amid weaker view of current conditions
WEST LAFAYETTE, Ind. and CHICAGO —Producer sentiment was notably lower in August, as the Purdue University/CME Group Ag Economy Barometer index dipped 8 points to a reading of 115. This month’s decline was fueled by producers’ weaker perception of current conditions both on their farms and in U.S. agriculture. The Current Conditions Index fell 13 points to a reading of 108. The Future…
Read MoreFarmer Sentiment Dips Amid Weaker View of Current Conditions
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.
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