farmer sentiment

NAFB Farmer Sentiment Reaches Four-Year High in May

Dan Economy, Farm Bill, Legislative, Regulation, Tariff

In a story from the National Association of Farm Broadcasters (NAFB), farmer sentiment in May climbed to its highest level since May of 2021. The Purdue University CME Group Ag Economy Barometer Index reached 158, 10 points above April. Behind the sentiment improvement, farmers’ views were much more optimistic about U.S. agricultural export prospects combined with a less negative view …

Market Prices, Input Costs, Pushing Expectations Lower

Dan Agri-Business, Economy

Farmer sentiment took a downturn at the start of 2024 as the January Purdue University-CME Group Ag Economy Barometer Index fell to a reading of 106, eight points below a month earlier. Compared to year-end, producers had a more negative outlook of their farms’ current situation along with a weakened outlook for the future. The Current Conditions Index fell nine …