ag economy

Ag Economy Barometer Declines in December

Dan Economy, Industry News Release

The Purdue University/CME Group Ag Economy Barometer declined moderately in December to 127, seven points below the index’s value one month earlier. The Barometer is a monthly nationwide measure of the health of the U.S. agricultural economy. A rating below 100 is negative, while a rating above 100 indicates positive sentiment regarding the agriculture industry. The December 2018 barometer was …

survey

Survey Shows Farmers Concerned with Lack of Farm Bill

Dan Economy, Industry News Release

Farmers are expressing concern over the lack of a new farm bill in the latest Purdue University/CME Group Ag Economy Barometer. The monthly survey in November asked producers how concerned they were regarding the farm bill. 75 percent of respondents said they were either somewhat or very concerned about the lack of a new farm bill with 33 percent of …

farm income

Ag Economy Index Sharply Lower on Farm Income Concerns

Dan Economy, Industry News Release

Concerns over weak farm income forced a sharp decline in the monthly Purdue University/CME Group Ag Economy Barometer. The index dropped to a reading of 114, 15 points below its August reading of 129 and its lowest reading since October 2016. Organizers say the barometer, a sentiment index based upon a nationwide monthly survey of 400 U.S. agricultural producers, has …

ag economy

Ag Economy Barometer improves in August

Dan Economy, Industry News Release

The Ag Economy Barometer rebounded in August to a reading of 129 after falling to 117 in July. However, producer sentiment remains well below its late spring readings of 141 in May and 143 in June. Organizers say the shift occurred primarily because producer’s perception of current conditions improved as the Index of Current Conditions increased to a reading of …

july

Producer Sentiment Plummets in July

Dan Economy, Industry News Release

Concerns over agricultural trade weighed heavily on producers’ current and future expectations of the agricultural economy. As a result, the Purdue/CME Group Ag Economy Barometer tumbled in July, dropping 26 points to a reading of 117. To paint a further bleak picture, the Index of Current Conditions fell from 138 in June down to 99, while the Index of Future …