November 3, 2020

Ag Economy Barometer Rises to Record High On Improving Financial Conditions

Farmer sentiment hit a new record high in October as the Purdue University-CME Group Ag Economy Barometer climbed to a reading of 183, a 27-point increase compared to September. The reading easily eclipsed the previous record high set back in February, before the pandemic’s onset. On this episode of the Purdue Commercial AgCast, Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the October 2020 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer.

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Sentiment among agricultural producers weakened in September as the Ag Economy Barometer declined 14 points to a reading of 124.…

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Recently results from the 70th Purdue University – CME Group Ag Economy Barometer survey were published. In the nearly six years we’ve been conducting surveys and analyzing survey responses, we’ve learned a lot about U.S. farmers’ sentiment and many of the drivers of their sentiment.

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Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the August 2021 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers, on this episode of the Purdue Commercial AgCast. This month’s survey was conducted from August 23-27, 2021.

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UPCOMING EVENTS

Monthly Corn & Soybean Outlook Webinar Series

Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Join us Wednesday, November 10 for our next monthly update on the corn and soybean outlook following release of USDA’s November Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.

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