purdue cme ag economy barometer

Farmers are a little unsure of the ag economy right now. Farmer sentiment weakened in June as the Purdue University-CME Group Ag Economy Barometer fell to 146.

According to the latest Purdue University/CME Group Ag Economy Barometer, farmer sentiment reached a four-year high in May.  Purdue University’s James Mintert said the Barometer rose 10 points to a reading of 158.   “That's the highest barometer reading we've received since May of 2021," Mintert pointed out.  "The Current Condition Index ...

Farmer sentiment improved last month as the Purdue University-CME Group Ag Economy Barometer climbed eight points in April to a reading of 148.  The improvement in farmers’ sentiment was bolstered by increases in both the Index of Current Conditions, which rose nine points to 141, and the Index of Future Expectations, which rose eight points to 152.  Dr. Michael L...

Farmer sentiment dropped during March as concerns over agricultural trade and farm policy weighed on producers’ outlook for the future.  The Purdue University/CME Group Ag Economy Barometer, released last week, fell 12 points to 140, down from 152 in February.  The Index saw...

Farmer sentiment continued to move higher in February, as the Purdue University/CME Group Ag Economy Barometer rose 11 points to 152.  The boost was primarily driven by the stronger sentiment among producers, with the Current Conditions Index climbing 28 points to 137, marking a significant rebound from its low of 76 in late summer and early fall 2024.   In contras...

U.S. farmers retained their post-election optimistic outlook to kick off 2025.  The January Purdue University/CME Group Ag Economy Barometer Index rose five points above December to 141  The barometer’s rise was primarily attributed to a nine-point rise in the Current Conditions Index.  The increase in th...

Farmer sentiment drifted lower in December as the Purdue University/CME Group Ag Economy Barometer dropped 9 points to a reading of 136.   The decline was driven by producers’ weaker perspective on current conditions in U.S. agriculture and their farms, with the Index of Current Conditions falling 13 points to 100.  Although the ...

Farmers are feeling more confident about the ag economy.  The November Purdue University/CME Group Ag Economy Barometer climbing 30 points to a reading of 145.  This marked the highest level of farmer optimism since May 2021, driven by considerable gains in both the Current Conditions and Future Expectations indices.  The Future Expect...

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...

Last month was a rough one for American farmers.  The Purdue University/CME Group Ag Economy Barometer for September recorded its lowest readings since March 2016.  Declining income expectations pushed farmer sentiment down as the barometer fell 12 points to 88, and the Index of Future Expectations dropped 14 points to 94.  The Index of Curr...