sentiment

Farmer Sentiment Rebounds at Year End on Stronger 2022 Income

Dan Economy

Producer sentiment improved sharply in December as the Purdue University-CME Group Ag Economy Barometer Index reading of 126 was 24 points higher than a month earlier. Although U.S. farmers were more positive regarding both the current situation and the future, the biggest improvement was in their assessment of current conditions. The Current Conditions Index reached 135, 37 points higher than …

farmer sentiment

Interest Rates Help Drive Farmer Sentiment Lower

Dan Economy

The Purdue University/CME Group Ag Economy Barometer’s farmer sentiment index dropped five points to 112 in September. The drop in farmer sentiment was primarily the result of producers’ weakened perception of current conditions. The Current Conditions Index dropped nine points to 109, and the Index of Future Expectations dropped three points to 113. Concerns about input costs and, in some …

farmer

Farmer Sentiment Plummets as Production Costs Skyrocket

Dan Economy

The Purdue University-CME Group Ag Economy Barometer plummeted in May to a reading of just 99, the weakest reading since April 2020. The May 2022 barometer reading marked just the ninth time since data collection began in fall 2015 that the overall measure of farmer sentiment fell below 100. Agricultural producers’ perceptions regarding current conditions on their farms, as well …

sentiment

Farmer Sentiment Rises during Commodity Price Rally

Dan Economy

The Purdue University-CME Group Ag Economy Barometer rose six points in February to 125, matching the sentiment reading from December. A more optimistic view of future conditions pushed the sentiment measure higher as the Index of Future Expectations rose ten points in February to 122, the most positive reading regarding the future by farmers since last August. The Index of …

financial

Farmer Sentiment Rises on Strengthening Current Financial Position

Dan Economy

For only the second time since May, the Purdue University-CME Group Ag Economy Barometer rose in December. This month’s index climbed to 125, nine points higher than in November. The Index of Current Conditions and the Index of Future Expectations rose in December, attributable mostly to an improved perspective on current conditions in the agricultural sector. A more positive outlook …

Ag Economy Barometer

Ag Economy Barometer: Farmer Sentiment Weakens

Dan Economy

For the third month in a row, agricultural producer sentiment weakened. The October Ag Economy Barometer declined to 121, three points lower than a month earlier. The modest decline occurred as a result of producers weaker perceptions regarding both current and future conditions in the production agriculture sector. Recent weakness in farmer sentiment appears to be driven by a wide …

september

September Ag Economy Barometer Reveals Decline

Dan Economy

Sentiment among agricultural producers weakened in September as the Ag Economy Barometer declined 14 points to a reading of 124. This is the weakest farmer sentiment reading since July 2020, when the index stood at 118. Producers were less optimistic about current and future conditions on their farms and the agricultural sector than a month earlier. There was a sharp …