Producer Sentiment Plummets on Price Weakness and Trade War Concerns
James Mintert & Michael Langemeier Ag producer sentiment fell sharply during July as the impact of commodity price declines and concerns about ag trade prospects weighed on producers’ perceptions of both current and future conditions in the agricultural economy. The Ag Economy Barometer declined 26 points to a reading of 117 in July, driven…
Read MoreProducer sentiment inches up despite commodity price decline and continued trade war concerns
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment rose slightly in June according to the Purdue University/CME Group Ag Economy Barometer. The increase was unexpected given unresolved trade war concerns and sharp price declines for key commodities, including corn, wheat and, especially, soybeans during the month. The June barometer reading of 143 was only…
Read MoreProducer sentiment inches up despite commodity price decline and continued trade war concerns
James Mintert & Michael Langemeier Ag producer sentiment improved slightly during June as the Ag Economy Barometer index rose to a reading of 143 compared to 141 a month earlier. The modest rise in the Ag Economy Barometer, which is based on a nationwide survey of 400 U.S. agricultural producers each month, was underpinned…
Read MoreAg Economy Barometer Monthly Results
Purdue, CME Group Ag Barometer Hits 16-Month High
Purdue/CME Group Ag Economy Barometer Shows Significant Rise in Producer Sentiment
Ag Barometer: Producers More Optimistic About Future
On Optimism for the Future, Ag Barometer Jumps
Optimism drives farmer sentiment higher; Producers weigh-in on farm bill and crop insurance
WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment rose last month to its highest level since January 2017, as producers expressed an improved view of current conditions and future expectations of the U.S. agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer reading of 141 was 16 points higher…
Read MoreMore Optimistic View of Future Pushes Ag Producer Sentiment Higher
James Mintert & Michael Langemeier The May reading of the Purdue University/CME Group Ag Economy Barometer was 141, 16 points higher than in April 2018 and the highest barometer value since January 2017 (Figure 1). The rise in the barometer, a sentiment index derived from a monthly survey of 400 agricultural producers across the…
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