Farmer Sentiment Collapsing As Financial Conditions Continue to Decline
The Ag Economy Barometer collapsed by 14 points in May to a reading of 101. Producer sentiment dropped to the lowest level since since Oct 2016, erasing the large improvement in sentiment recorded following the November 2016 election.
Read MoreFarmer sentiment hits lowest level in over two years
WEST LAFAYETTE, Ind. and CHICAGO – Ag producer sentiment dropped to its lowest level since October 2016, erasing all improvements recorded following the November 2016 election. The Purdue University/CME Group Ag Economy Barometer, based on a mid-month survey of 400 agricultural producers across the U.S., declined 14 points in May to a reading of 101,…
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WEST LAFAYETTE, Ind. and CHICAGO – In April, agricultural producer sentiment plunged as the Purdue University/CME Group Ag Economy Barometer declined 18 points to a reading of 115, down from 133 in March. The barometer, a sentiment index, is based on a monthly survey of 400 agricultural producers across the U.S. This marks the fourth…
Read MoreAg Economy Barometer Plummets in April
The Ag Economy Barometer plummeted in April, declining to a reading of 115, an 18-point decline compared to March when the sentiment index stood at 133. The 18-point decline in the index was the fourth largest one-month fall in the barometer since data collection began in October 2015.
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