purdue cme ag economy barometer

U.S. Farmers Staying Optimistic for 2025
U.S. Farmers Staying Optimistic for 2025
U.S. Farmers Staying Optimistic for 2025
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 Wrapped Up 2024 Lower
Farmer Sentiment Wrapped Up 2024 Lower
Farmer Sentiment Wrapped Up 2024 Lower
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 ...
Post Election Ag Barometer Moves Higher
Post Election Ag Barometer Moves Higher
Post Election Ag Barometer Moves Higher
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 Rebounded In October
Farmer Sentiment Rebounded In October
Farmer Sentiment Rebounded In October
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...
Farmer Sentiment Drops To Lowest Reading In Over Eight Years
Farmer Sentiment Drops To Lowest Reading In Over Eight Years
Farmer Sentiment Drops To Lowest Reading In Over Eight Years
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...
Farmer Sentiment Dropped in February
Farmer Sentiment Dropped in February
Farmer Sentiment Dropped in February
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 ...
Farmer Sentiment Rebounds at Year End on Stronger 2022 Income
Farmer Sentiment Rebounds at Year End on Stronger 2022 Income
Farmer Sentiment Rebounds at Year End on Stronger 2022 Income
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...
Farmer Sentiment Unchanged Despite High Costs, Rising Rates
Farmer Sentiment Unchanged Despite High Costs, Rising Rates
Farmer Sentiment Unchanged Despite High Costs, Rising Rates
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...

Load More Articles