The most recent findings from the Purdue University/CME Group Ag Economy Barometer reveal a downturn in farmer sentiment at the start of 2024. The January barometer fell to a reading of 106, eight points lower than in December. Producers expressed a more pessimistic perspective about their farms’ current situation and future prospects. The Current Conditions…

The latest report from the Purdue University/CME Group Ag Economy Barometer indicates that U.S. farmers inflation expectations have subsided while overall producer sentiment changed little. The December barometer recorded a reading of 114, just one point lower than in November. Both sub-indices of the barometer, the Index of Current Conditions and the Index of Future Expectations, mirrored…

Agricultural producers’ sentiment increased for the second consecutive month, as the Purdue University/CME Group Ag Economy Barometer index rose 5 points to a reading of 115, a 12% increase compared to the previous year. The sentiment growth is largely attributed to farmers’ improved perceptions of their farms’ financial conditions and prospects. This month’s Ag Economy…