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.

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.

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.