Farmer Sentiment

The Purdue University/CME Group Ag Economy Barometer dropped five points to 125 in February.  Farmers’ perspectives regarding both current conditions on their farms and their expectations for the future also weakened during the month.  The Index of ...

Creighton University’s most recent monthly Rural Mainstreet Index Survey, was primarily sideways, that according to survey organizer Ernie Goss.  He noted the Federal Reserve raising interest rates has cooled economic activity, but not as much as the Fed Reserve would like.  Goss anticipa...

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...

Producer sentiment improved sharply in December.  The Purdue University-CME Group Ag Economy Barometer Index reading jumped 24 points month-over-month to a reading of 126.  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 Condi...

Despite economic disturbances, high crop prices are giving farmers around the world cause for cautious optimism, according to a new survey.  Global consultancy McKinsey & Company recently released the results of its global survey of 5,500 farmers from nine countries.  70% of farm...

There wasn’t much movement in the November Purdue University/CME Group Ag Economy Barometer.  The index read 102 for the month, unchanged from October.  However, the Current Conditions Index dropped three points to 98, while the Future Expectations Index rose two points to a reading of 104.  Even though producer se...

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 Conditi...

Farmer sentiment improved in August as the Purdue-CME Group Ag Economy Barometer rose 14 points above its July reading to 117.  Both the Index of Current Conditions and the Index of Future Expectations increased last month, meaning producers were less worried about their farm’s financial situation than in July, although they remain concerned about a possible cost-price squeeze.     When... Read Mo

The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose six points in July to a reading of 103.  Producers were somewhat more optimistic about both their current and future economic conditions on their farms compared to June.  Ev...

The Purdue University-CME Group Ag Economy Barometer dipped last month. The reading of 113 in March, was the weakest farmer sentiment reading since May 2020, which was in the early days of the pandemic. The March reading was 12 points lower than a month earlier and 36% lower than in March 2021 ...