Ag Economy Barometer

Farmer Sentiment Rises Modestly in May

June 2, 2020 | Posted in Data & Forecasts

Farmer sentiment improved slightly in May after falling sharply in both March and April. The Purdue University-CME Group Ag Economy Barometer reading in May was 103, up 7 points from the April reading of 96.

Prospects for Rising Ag Exports Raises Farmers’ Optimism About Current and Future Conditions

March 4, 2020 | Posted in Data & Forecasts

Farmer’s perception of an improving ag economy going forward could be laying the groundwork for increased capital investments in the year ahead, according to the results of the Purdue University-CME monthly farmer survey.

Farmer Sentiment Rises as Harvest Wraps Up

December 10, 2019 | Posted in Data & Forecasts

Source: Purdue University, CME Group

The Purdue/CME Ag Economy Barometer rose in November for the second month in a row, climbing to 153, 17 points higher than in October when the index stood at 136. This month’s rise in the ag economy sentiment index left the barometer tied with July for the highest barometer reading of 2019.

Farmer Sentiment Improves Following Rise in Crop Prices and USDA Aid

July 2, 2019 | Posted in Data & Forecasts

The Ag Economy Barometer rebounded in June to a reading of 126, 25 points higher than a month earlier. Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations, improved compared to a month earlier.

Farmer Sentiment and Financial Conditions Continue to Decline

June 4, 2019 | Posted in Data & Forecasts

Source: Purdue University CME Group

The Ag Economy Barometer, an agricultural producer sentiment measure based upon a nationwide mid-month survey of 400 U.S. agricultural producers, dropped again in May. The May barometer reading of 101 was 14 points lower than a month earlier and was the lowest barometer reading since October 2016.

From the Desk of Kim Schmidt

Producers and Dealers are Feeling Better About Their Outlook

By Kim Schmidt posted on July 17, 2017

While ag equipment sales continue to be soft, both farmers and dealers seem to be feeling a bit more positive about things than they have over the last few years.

Ag Equipment Intelligence

Producer Confidence Spikes in January

By Kim Schmidt posted on February 10, 2017 | Posted in Data & Forecasts

Ag producers’ confidence surged during January. That’s according to the latest reading of the Ag Economy Barometer, which is compiled by Purdue University and the Center for Commercial Agriculture.