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Current Ag Economy Barometer report released: October 1, 2024

Upcoming release: November 5, 2024

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.

Commodity Price Outlook and Interest Rate Concerns Cloud Farmer Sentiment

April 4, 2023

Farmer sentiment weakened again in March as the Purdue University-CME Group Ag Economy Barometer fell 8 points to a reading of 117. Weaker prices for key commodities including wheat, corn, and soybeans from mid-February through mid-March were a key factor behind this month’s weaker sentiment reading. This month’s survey was conducted from March 13-17, 2023 which coincided with the demise of Silicon Valley Bank and Signature Bank.

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Farmer Sentiment Dips in February

March 7, 2023

The Purdue University-CME Group Ag Economy Barometer Index dipped 5 points in February to a reading of 125. Farmers’ perspectives regarding both current conditions on their farms and their expectations for the future both weakened. This month’s survey was conducted from February 13-17, 2023.

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Improvement In Farmer Sentiment Carries Over Into 2023

February 7, 2023

The Purdue University-CME Group Ag Economy Barometer Index rose again in January, to a reading of 130, 4 points above its 2022 year-end index value. The January survey results also pushed the index 34% above its 2022 low point which occurred last June. This month’s survey was conducted from January 16-20, 2023.

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A Deep Dive into the Ag Economy Barometer

September 13, 2024

By Erin Anderson, Brownfield Ag News

Weaking Farm Income Slowing Farmer Optimism

September 6, 2024

by Russell Nemetz, Ag Information Network of the West

AgriTalk-9-4-24-Dr Jim Mintert

September 4, 2024

AgriTalk

Farmer Sentiment Takes a Downturn

September 4, 2024

Red River Farm Network

Farmer sentiment rises in July despite concerns over financial performance

August 9, 2024

Inside Indiana Business, by Alex Brown

AG ECONOMY BAROMETER JUMPS AMID IMPROVED EXPECTATIONS

August 8, 2024

Zia Commodities, by Lester Aldrich