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.
Michael Langemeier and Joana Colussi, Purdue Center for Commercial Agriculture A breakdown on the Purdue/CME Group Ag Economy Barometer February results can be viewed at https://purdue.ag/barometervideo. Find the audio podcast discussion for insights and implications on this month’s sentiment at https://purdue.ag/agcast. Download report (pdf) Farmer sentiment improved in February as the Purdue University-CME Group Ag Economy Barometer (AEB) Index rose from 113 points in January to 116 (see Figure 1). The Current Conditions Index increased by 11 points, while the Future Expectations Index dropped 1 point (see Figure 2). The Future Expectations Index this month was 45 points lower than last year’s…
Read the Full ReportThe Purdue University-CME Group Ag Economy Barometer Index climbed to 139 in November, 10 points higher than in October and the highest barometer reading since June of this year. The improvement in farmer sentiment was attributable to producers’ more optimistic outlook for the future, as the November Future Expectations Index reading of 144 was 15 points higher than in October.
Read the Full ReportThe Purdue University-CME Group Ag Economy Barometer Index climbed to 139 in November, 10 points higher than in October and the highest barometer reading since June of this year. The improvement in farmer sentiment was attributable to producers’ more optimistic outlook for the future, as the November Future Expectations Index reading of 144 was 15 points higher than in October.
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