purdue cme ag economy barometer

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 December Purdue/CME Group Ag Economy Barometer suggests farmers are optimistic about the future, despite a weakened perception of current conditions.  The survey dropped three points in December to a reading of 150.  The Index of Current Conditions dropped 12 points to 141, down from 153 in November.  Meanwhi...

The Purdue/CME Group Ag Economy Barometer rose in November for the second month in a row.  The Barometer climbed 17 points to 153 last month.  The rise in the Ag economy sentiment index left the barometer tied with July for the highest reading of 2019.  Once ag...

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...

A top U.S. investment bank sees no conclusion to the U.S.-China trade war before the 2020 presidential elections.  In a new report, Citibank says the “Implied probabilities of a 2020 recession are now high enough to warrant caution,” due to the ongoing trade war.  The report sug...

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 Purdue University/CME Group Ag Economy Barometer reading jumped to 153 in July, up 27 points from June, and up 52 points from May.  While the Market Facilitation Program payments are a positive to farmers, this week's announcement that China will stop all purchases of U.S. a...

Ag producer sentiment took a jump up in June as producers seemed to be more optimistic about the future of the Ag economy.  The Purdue University/CME Group Ag Economy Barometer increased its index reading to 126, a jump of 25 points from May.  Th...

The Purdue University/CME Group Ag Economy Barometer weakened in February as producers became less optimistic about current economic conditions and the commodity price outlook.  The barometer, which is based on a survey of 400 U.S. agricultural producers, declined seven points to a reading of 136, down from 143 in January.  ...

Farmers were more optimistic about the agriculture economy in January.  But that doesn’t mean they don’t have concerns.  The Purdue University/CME Group Ag Economy Barometer said one of their biggest worries is farmland values.  The January reading of 143 wa...