April 4, 2023

Commodity Price Outlook and Interest Rate Concerns Cloud Farmer Sentiment

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. The Ag Economy Barometer fell 8 points to a reading of 117. Both the Index of Current Conditions and Index of Future Expectations declined 8 points in March leaving the Current Conditions Index at 126 and the Future Expectations Index at 113. This month’s survey was conducted from March 13-17, 2023.

Download the Slides

The full report is available at https://purdue.ag/agbarometer.

TAGS:

sentiment

TEAM LINKS:

James Mintert

Michael Langemeier

RELATED RESOURCES

Farmer Sentiment Dips Amid Weaker View of Current Conditions

September 5, 2023

Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the August 2023 Purdue University-CME Group Ag Economy Barometer survey. Producer sentiment was notably lower in August, as the Purdue University/CME Group Ag Economy Barometer index dipped 8 points to a reading of 115. This month’s Ag Economy Barometer survey was conducted from August 14-18, 2023.

Farmers Remain Cautiously Optimistic About Agricultural Economy

August 1, 2023

Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the July 2023 Purdue University-CME Group Ag Economy Barometer survey. Agricultural producer sentiment improved slightly in July as the Purdue University-CME Group Ag Economy Barometer rose two points above its June reading to an index value of 123. This month’s survey was conducted from July 10-14, 2023.

Farmer Sentiment Rebounds on More Optimistic View of Future

July 5, 2023

Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the June 2023 Purdue University-CME Group Ag Economy Barometer survey. Farmer sentiment rebounded in June as the Purdue University-CME Group Ag Economy Barometer rose 17 points to a reading of 121. This month’s survey was conducted from June 12-16, 2023.