July 7, 2020

Farmer Sentiment Rebounds Amidst Ongoing COVID-19 Concerns

Farmer sentiment improved for the second month in a row, rebounding from sharp declines that took place in both March and April. In this episode of Purdue Commercial AgCast, Purdue ag economists James Mintert reviews the results from the June 2020 Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. The improvement in farmer sentiment left the Ag Economy Barometer 7 percent below one year earlier, while the Index of Future Expectations was still 10 percent below its June 2019 level. The Index of Current Conditions, however, was two percent higher than in June 2019, likely reflecting considerably improved spring planting conditions throughout much of the nation, in addition to support from USDA’s Coronavirus Food Assistance Program (CFAP). The full report is available at https://purdue.ag/agbarometer.

TAGS:

sentiment

TEAM LINKS:

James Mintert

RELATED RESOURCES

Farmer sentiment improves as interest rate expectations shift

April 2, 2024

U.S. farmers’ perspective on the future improved in March helping to push the Purdue University-CME Group Ag Economy Barometer up 3 points from February to a reading of 114. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the March 2024 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.

Modest Improvement In Farmer Sentiment, Yet Financial Concerns Loom

March 5, 2024

The Purdue University-CME Group Ag Economy Barometer rose modestly in February posting a reading of 111, 5 points higher than a month earlier. The modest rise in the barometer was attributable to producers expressing somewhat more optimism about the future as the Future Expectations Index rose 7 points to a reading of 115 while the Current Conditions Index was unchanged, both compared to a month earlier. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the February 2024 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.

Weakening Commodity Prices Cast A Shadow On Farmer Sentiment

February 6, 2024

Farmer sentiment took a downturn at the start of 2024 as the January Purdue University-CME Group Ag Economy Barometer Index fell to a reading of 106, 8 points below a month earlier. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the January 2024 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.