Ag Economy Barometer

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 .

The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record setting performance in October of 184. Organizers say this month’s 12-point rise in the barometer was attributable almost entirely to ag producers’ more optimistic view of the future. The Index ...

February's Ag Economy Barometer reading of 165 changed little compared to January when the index stood at 167. This week’s reading shows producers continue to report strong current conditions on their farms as February's Current Conditions Index value of 200 is near its all-time high. Tha ...

Commodity price declines, supply-chain disruptions, and coronavirus concerns pushed the Purdue University/CME Group Ag Economy Barometer down to a three-year low in April. The barometer recorded a reading of 96, marking the first time the barometer has fallen below 100 since October 2016 ...

Producers’ perceptions of improved current conditions in the agricultural economy pushed the Purdue University/CME Group Ag Economy Barometer to a record high. The index rose to 168 in February, an increase of one point from January, and was 18 points higher than in December. Thi ...

The October Ag Economy Barometer improved to a reading of 136, up 15 points compared to September.  The monthly measure of the farm economy saw an increase in the assessment of current and future conditions by farmers.  The Current Conditions Index rose from 100 in September to 115 in October, and the Futures Expectations Index also rose 15 points to a reading of 146.  The res...

The monthly measure of farmer sentiment shows producers are more pessimistic about current conditions.  The monthly Purdue/CME Group Ag Economy Barometer slipped to 121, down three points from August.  However, the Index of Current Conditions, a sub-index of the barometer, dropped 22 points to a reading of 100.  The bar...

Farmer concern regarding low prices and the farm economy led to a sharp drop in the August Ag Economy Barometer.  The Perdue/CME Group economic measure fell 29 points last month to a reading of 124. The barometer’s decline was attributed to declines in both the Index of Current Conditions, which dropped 19 points, and the Index of Future Expectations, which fell 34 points below its July reading.  

The Ag Economy Barometer dropped again in May.  The barometer reading of 101 was 14 points lower than a month earlier and was the lowest barometer reading since October 2016.  For the second month in a row, the decline in farmer sentiment was attributable to big declines in both the Index of Current Conditions, which fell from 99 in April to 84 in May, and the Index of Future Expectations, which f

The Ag Economy Barometer plummeted in April, declining to a reading of 115, an 18-point decline compared to March.  The 18-point decline in the index was the fourth largest one-month fall in the barometer since data collection began in October 2015.  Or...