january

January Ag Economy Barometer Results

Dan Economy, Industry News Release

The Purdue University-CME Group Ag Economy Barometer turned higher for January, showing some optimism among farmers and ranchers. After trending lower in late 2017, the monthly survey of 400 agricultural producers from across the U.S. indicated that the measure of producer sentiment climbed to 135 points at the beginning of 2018, up nine points from December’s 126. Organizers say the …

optimistic

Farmers Are Becoming Less Optimistic About the Future

Dan Economy, Industry News Release

For the second-straight month, the Purdue University/CME Group Ag Economy Barometer dipped lower, coming in with an index of 126 in December. That number was the lowest since March of last year and the second-lowest of 2017. The decline is driven entirely by producers becoming less optimistic about the future. The Future Expectations Index was recently at 137 in October, …

producer

Post-Harvest Slump in Ag Producer Sentiment

Dan Economy, Industry News Release

The Purdue/CME Group Ag Economy Barometer dropped 7 points in November, signaling a slump in U.S. agricultural producers’ confidence compared to a month earlier. At a reading of 128, the measure of producer optimism in November was the second weakest observed during 2017 and stood just 4 points above the 2017 low of 124, set in March (Figure 1). Based …

Ag Economy Expectations Sliding

Dan Economy, Industry News Release

Future expectations for the agriculture economy turned lower in the latest monthly Ag Economy Barometer by CME Group and Purdue University. Released Tuesday, the September reading of 132 was unchanged compared to August. However, the barometer’s two sub-indices, the Index of Current Conditions and Index of Future Expectations, did shift in opposite directions. The Current Conditions Index rose to 135, …

Ag Producers’ Confidence Surges During January

Dan Economy, Industry News Release

The Ag Economy Barometer continues to show increased producer confidence following the November election. Organized by Purdue University and the CME Group, the monthly survey of 400 agricultural producers from across the U.S. reached 153 in January, 21 points higher than December’s survey and 61 points higher than in October. The increase marks the most positive recorded sentiment by producers …