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Current Ag Economy Barometer report released: September 6, 2022

Upcoming release: October 4, 2022

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.

Farmer Sentiment Improves But Producers Still Concerned About Rising Costs and Inflation

September 6, 2022

Farmer sentiment improved in August as the Purdue-CME Group Ag Economy Barometer index rose 14 points above its July reading to 117. The rise in the overall measure of agricultural producer sentiment was driven by increases in both the Index of Current Conditions, which rose 9 points in August to 118 and the Index of Future Expectations, which climbed 16 points in August to 116.

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Slight increase in producer sentiment despite rising costs and lower crop prices

August 2, 2022

The Purdue-CME Group Ag Economy Barometer sentiment index rose 6 points in July to a reading of 103. Producers in this month’s survey were somewhat more optimistic about both current and future economic conditions on their farms than they were in June.

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Farmer Sentiment Remains Weak, Crop Producers Contemplating Acreage Shifts in 2023

July 5, 2022

Farmer sentiment remained weak in June as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 97, 2 points below its May reading. During June farmers were a bit more optimistic about current conditions as the Current Conditions Index of 99 was 5 points higher than in May.

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The New Era of Corn and Soybean Prices Is Still Alive and Kicking

May 13, 2016

Farm Lending Activity Remains Robust

May 13, 2016

The Farm Safety Net: The Good and Not So Good

May 3, 2016

Sensitivity Analysis of New Corn and Soybean Pricing Models

May 3, 2016

April 2016 U.S. Crop Price Update

May 3, 2016

U.S. Farm Incomes to Drop to Lowest Level Since 2002

May 3, 2016

Federal forecasters estimate that U.S. farm incomes will fall this year to the lowest level since 2002, reflecting a continued slump in prices for crops and livestock. Net farm income will drop 3% to $54.8 billion from $56.4 billion last year, the Agriculture Department projected Tuesday. It would mark the third consecutive year of falling agricultural incomes after profits surged to a record $123 billion in 2013—the height of a boom…