Ag Economy Barometer

Farmer sentiment saw an unexpected surge in October just ahead of the 2024 general election.  The latest Purdue University/CME Group Ag Economy Barometer rose to 115, marking a 27-point increase from September.   This boost in sentiment was primarily driven by a rise in producers' confidence in the future, with the Future Expectations Index jumping 30 points to 124.  While the Cu...

This has been a challenging year for the farming community, at least on the national scene.  Is that the same here in the Northwest?   Pat Hatzenbuehler, Ag economist at the University of Idaho says the latest Ag economy barometer shows farmers are pessimistic about the way things look now, and where the farm economy is headed into the future.  And he said ...

The August Purdue University/CME Group Ag Economy Barometer dipped 13 points from July to a reading of 100.  That drop echoes levels seen from fall 2015 through winter 2016 during the early stages of a significant downturn in the U.S. farm e...

The Purdue University-CME Group Ag Economy Barometer Index rose again in January, to a reading of 130, four points above its 2022 year-end index value.     The January survey results also pushed the index 34% above its 2022 low point, which occurred in June.  The baromete...

A new USDA survey says cover crops are more popular than first thought.  Growers who responded to the survey say they’re using cover crops on 40% of their cropland in 2022.  Successful Farming says that hints at a sizable increase from the 15.4 million acres of cover ...

Farmer sentiment weakened in January as the Purdue University CME Group Ag Economy Barometer declined six points. At 119, it's second-lowest reading for the Barometer since July 2020. The Current Conditions Index fell 13 points to 133, while the Future Expectations Index changed little in January, down two points at 112 ...

Sentiment among agricultural producers weakened in September as the Ag Economy Barometer declined 14 points. The 124 point reading is the weakest farmer sentiment reading since July of last year, 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 ...

The Monthly Ag Economy Barometer rose four points in August to 138. 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 ...

For the second month in a row, the Ag Economy Barometer declined sharply. The most recent survey, released earlier this week fell to 137, a 21 point month over month drop, and the weakest sentiment reading since July of last year. Producers in June were less optimistic about both current conditions on their farming operations as well as their expectations for the future ...

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 appraisal of the current situation waned. In .