august

August Ag Economy Barometer Falls

Dan Economy, Industry News Release

(NAFB) — Farmer concern regarding low prices and the farm economy led to a sharp drop in the August Ag Economy Barometer. The Perdue/CME Group economic measure fell 29 points last month to a reading of 124. The barometer’s decline was attributed to declines in both the Index of Current Conditions, which dropped 19 points, and the Index of Future …

barometer

July Ag Economy Barometer Increases

Dan Economy, Industry News Release

(NAFB) — The Purdue University/CME Group Ag Economy Barometer reading jumped to 153 in July, up 27 points from June, and up 52 points from May. However, it’s safe to expect a decline in the August report. While the Market Facilitation Program payments are a positive to farmers, this week’s announcement that China will stop all purchases of U.S. ag …

april

Ag Economy Barometer Falls in April

Dan Economy, Industry News Release

The Ag Economy Barometer plummeted in April, declining to a reading of 115, an 18-point decline compared to March when the index stood at 133. The 18-point decline in the index was the fourth largest one-month fall in the barometer since data collection began in October 2015. Organizers say the barometer’s decline was driven by worsening perceptions of both current …

ag economy

Ag Economy Barometer Drifts Lower

Dan Economy, Industry News Release

Farmers are expressing more concerns regarding the future as the monthly Ag Economy Barometer drifts lower. Released this week, the March survey fell to 133 down from 136 a month earlier. Organizers say increasing concerns about future economic conditions drove the barometer lower as the Index of Future Expectations declined to 139 in March compared to an index value of …

producers

Survey: Producers Less Optimistic Regarding Farm Economy

Dan Economy, Industry News Release

The Purdue University/CME Group Ag Economy Barometer weakened in February as producers became less optimistic about current economic conditions and the commodity price outlook. The barometer, which is based on a survey of 400 U.S. agricultural producers, declined seven points to a reading of 136, down from 143 in January. A rating below 100 is negative, while a rating above …

Producer Sentiment Rises Slightly in June

Jim Rogers Industry News Release

The Purdue University/CME Group Ag Economy Barometer rose slightly in the month of June, coming in at an index of 143, two points higher than May. Ag producers’ sentiment rose slightly in spite of economic challenges like retaliatory tariffs from American trading partners. This month’s slight rise in the index was surprising given a collapse in prices for some of …

ag economy

Ag Economy Barometer Monthly Results

Dan Economy, Industry News Release

Farmers showed more optimism in the latest Purdue University/CME Group Ag Economy Barometer. The May survey reading was 141, 16 points higher than April and the highest since January of last year. A rating below 100 is negative, while a rating above 100 indicates positive sentiment regarding the agriculture industry. The rise in the barometer, a sentiment index derived from …

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 …