March 2, 2021

Producers Bullish About Farmland Values Amid Strong Current Conditions

February’s Ag Economy Barometer changed very little compared to January, down 2 points to a reading of 165. Ongoing strength in ag commodity prices and farm income continue to support producers’ perspective on current conditions while concerns about possible policy changes affecting agriculture and eroding confidence in future growth in ag trade continue to weigh on producers’ future expectations. This month’s survey was conducted from February 15-19, 2021. Purdue ag economist James Mintert breaks down the results in the February 2021 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer​​.

TAGS:

TEAM LINKS:

RELATED RESOURCES

Farmer Sentiment Sours as Crop Prices Decline

June 6, 2023

Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the May 2023 Purdue University-CME Group Ag Economy Barometer survey. Producer sentiment fell to its weakest reading since July 2022, as the Purdue University-CME Group Ag Economy Barometer Index declined 19 points to a reading of 104 in May. This month’s survey was conducted from May 15-19, 2023.

READ MORE

Farmer sentiment improves; less pessimism over interest rates

May 2, 2023

Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the April 2023 Purdue University-CME Group Ag Economy Barometer survey. Farmer sentiment improved modestly in April as the Ag Economy Barometer reversed a two-month decline up 6 points to a reading of 123. This month’s survey was conducted from April 10-14, 2023.

READ MORE

Commodity Price Outlook and Interest Rate Concerns Cloud Farmer Sentiment

April 4, 2023

Purdue ag economist James Mintert and Michael Langemeier break down the March Purdue University-CME Group Ag Economy Barometer and share some insights into farmer sentiment. This month’s survey was conducted from March 13-17, 2023.

READ MORE

UPCOMING EVENTS

Purdue Farm Management Tour & Indiana Master Farmer Reception

Two outstanding farms in south-central Indiana will host visitors wanting to learn about farm and crop management on July 11th for the Purdue University Farm Management Tour. The Indiana Master Farmer reception and panel discussion will follow.

Read More