Below you'll find a list of all posts that have been tagged as “Perdue University/CME Group Ag Economy Barometer”
The August Purdue University/CME Group Ag Economy Barometer dropped 13 points from July to a reading of 100, echoing levels seen from fall 2015 to winter 2016 during the early stages of a significant downturn in the U.S. farm economy. The Index of Current Conditions dropped 17 points to 83, while the Index of Future Expectations decreased by 11 points to 108. …
Farmer sentiment did see a slight improvement in July as the Purdue University/CME Group Ag Economy Barometer index rose 8 points to 113. The Index of Current Conditions was up 10 points to 100, and the Index of Future Expectations was 7 points higher than a month earlier. The July survey showed that high input costs remained the biggest concern for 34% of …
In June, farmer sentiment drifted lower as high input costs, the risk of lower prices for their products, and rising interest rates continue to weigh on farmers. According to the Purdue University/CME Group Ag Economy Barometer, last month’s reading of 105 was 3 points lower than in May. The overall decline in sentiment was due to a 5-point drop in the …
According to the Purdue University/CME Group Ag Economy Barometer, U.S. farmers’ outlook improved in May as the index rose to 108, marking a 9-point increase from April. The Index of Future Expectations rose 11 points to 117 and the Current Conditions Index was up 6 points. This survey was conducted from May 13-17, 2024. The rise in crop prices played a …
The April Ag Economy Barometer was 178, virtually unchanged from a month earlier. Last month, the index stood at 177, and just five points below its all-time high of 183 set back in October. Compared to March, however, there was a small change in producers’ perspective on the ag economy as they became more optimistic about the future, while their …
Farmers had more optimism about the agriculture economy in January than they had in previous months. However, that doesn’t mean they don’t have concerns. The Purdue University/CME Group Ag Economy Barometer says one of their biggest worries is farmland values. The January reading of 143 was a 16-point jump over December. The survey was the first opportunity to measure how …
