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Current Ag Economy Barometer report released: Mar. 3, 2020

Upcoming release: Apr. 7, 2020

About the Ag Economy Barometer

The Purdue University/CME Group Ag Economy Barometer is a nationwide measure of the health of the U.S. agricultural economy. On the first Tuesday of each month, the Ag Economy Barometer provides a sense of the agricultural economy’s health with an index value. The index is based on a survey of 400 agricultural producers on economic sentiment each month. Quarterly, the index is accompanied by an in-depth survey of 100 agriculture and agribusiness thought leaders.

As CME Group’s roots are in agriculture, and Purdue University’s Center for Commercial Agriculture has a long history of producing cutting-edge agricultural research, this partnership is designed to create a new and important tool for producers, economists, traders, finance industry professionals and journalists who are interested in understanding the agriculture industry and the broader global economy.

Find the Ag Economy Barometer on the Bloomberg Terminal: AGECBARO, AGECCURC and AGECFTEX.

Post-Election Improvement in Ag Producer Sentiment Continues in December

January 10, 2017

James Mintert, David Widmar, Michael Langemeier Agricultural producer sentiment rose sharply as 2016 drew to a close. December’s reading of 132 for the Purdue/CME Group Ag Economy Barometer marked the second month in a row that the index increased, rising to its highest level since data collection began in October 2015. The December reading is 16 points above November’s and 40 points higher than in October (Figure 1). The barometer is based on a monthly survey of 400 agricultural producers from across the country. Optimism about both current and future economic conditions helped drive the barometer higher during December. Although […]

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Post-Harvest Grain-Price Rallies Lift Ag Producers’ Spirits

December 6, 2016

James Mintert, David Widmar, Michael Langemeier Agricultural producers’ sentiment improved markedly in November, reaching its highest level since October 2015. At 116, the Purdue University/CME Group Ag Economy Barometer–a monthly survey of 400 agricultural producers from across the country–was considerably higher than October 2016’s value of 92 and also compared favorably with the early summer reading of 112 (Figure 1). Reduced pessimism about the future, motivated in part by improving corn and especially soybean prices, was the driving force behind the improvement in this month’s barometer. The Ag Economy Barometer can be broken down into two component indexes: the Index of […]

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Producers’ Future Outlook Dims as Attention Shifts Toward 2017

November 1, 2016

By Jim Mintert, David Widmar, Michael Langemeier The Purdue/CME Group Ag Economy Barometer settled lower in October. Based on a survey of 400 agricultural producers across the U.S., the monthly measure of U.S. agricultural producers’ sentiment was measured at 92, the lowest reading since March 2016 and the second-lowest Ag Economy Barometer value since data collection began in October 2015 (Figure 1).     The decline in producer sentiment recorded during October was primarily driven by an erosion in producers’ perspective regarding the long-run health of the U.S. agricultural economy. The forward-looking component of the Ag Economy Barometer, the Index […]

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