purdue cme ag economy barometer

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 ...

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...

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...

Farmer sentiment weakened again in October as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 102, down ten points compared to a month earlier.  Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations, declined this month.  The Current C...

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 continued lower in June, down two points to a reading of 97.  The barometer’s Index of Future Expectations also dropped, falling five points to a reading of 95, the lowest level since 2016. Producers w...

The Purdue University-CME Group Ag Economy Barometer plummeted in May to a reading of just 99, the weakest reading since April 2020. The May 2022 barometer reading marked just the ninth time since data collection began in fall 2015 that the overall measure of farmer sentiment fell below 100 ...