Ag Economy Barometer

Latest Ag Economy Barometer Released

Dan Economy

The Monthly Ag Economy Barometer rose four points in August to 138. Announced Tuesday, the modest rise was primarily attributable to an improvement in the Current Conditions Index, which climbed 9 points to 152. The Index of Future Expectations rose just two points to 132. Although the barometer and its two key sub-indices improved in August compared to July, all …

ag economy

Ag Economy Barometer up 12 Points

Dan Economy

The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October. Organizers say this month’s 12-point rise in the barometer was attributable almost entirely to ag producers’ more optimistic view of the future. The Index of Future Expectations climbed to 164, 16 points above February’s index. Although …

economy

Ag Economy Barometer Reaches All-Time High

Dan Economy, Industry News Release

(NAFB) — The Purdue University/CME Group Ag Economy Barometer rose 27 points to a reading of 183 in October, setting an all-time high for the index. Farmers were more optimistic about both the future and current financial situations on their farms. The Current Conditions Index rose 36 points to a reading of 178, and the Future Expectations Index climbed 23 …

november

November Ag Economy Barometer Released

Dan Economy, Industry News Release

(NAFB) — The Purdue/CME Group 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 reading of 2019. Once again, the rise was driven …

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 …