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 …
Farmer Sentiment Rises on Strengthening Current Financial Position
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: Farmer Sentiment Weakens
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 Ag Economy Barometer Reveals Decline
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 …
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