Apr 08
Farmer sentiment improved in March as the Purdue University-CME Group Ag Economy Barometer (AEB) Index rose from 116 points in February to 127 (see Figure 1). The Current Conditions Index increased by 6 points, while the Future Expectations Index increased by 14 points (see Figure 2). The Future Expectations Index this month was still 12 points below last year’s December index, and 16 points …
Nov 04
There was a modest uptick in U.S. farmer sentiment in October as the Purdue University-CME Group Ag Economy Barometer index of 129 was 3 points higher than September’s reading. The slight rise in the barometer was fueled primarily by an increase in the Index of Current Conditions to 130, which was 8 points above September’s index. Meanwhile, the Index of …
Apr 03
U.S. farmers’ perspective on the future improved in March helping to push the Purdue University-CME Group Ag Economy Barometer up 3 points from February to a reading of 114. The Index of Current Conditions at 101 was 2 points below a month earlier while the Index of Future Expectations reached 120, 5 points higher than in February. The split between the …
Dec 06
For the second month in a row, farmer sentiment improved as the Purdue University-CME Group Ag Economy Barometer climbed five points to reach an index value of 115 which left the index 12 percent higher than a year earlier. November’s 12-point rise in the Current Conditions Index to a reading of 113 was primarily responsible for this month’s sentiment …
Oct 05
Agricultural producers’ sentiment declined for the second month in a row during September as the Purdue University-CME Group Ag Economy Barometer fell 9 points to a reading of 106. Producers expressed concern about both their current situation as well as future prospects for their farms. The Current Conditions and Futures Expectations Indicesboth declined 10 points in September leaving the Current Conditions …
Apr 05
Farmer sentiment weakened again in March as the Purdue University-CME Group Ag Economy Barometer fell 8 points to a reading of 117. Both the Index of Current Conditions and Index of Future Expectations declined 8 points in March leaving the Current Conditions Index at 126 and the Future Expectations Index at 113. Weaker prices for key commodities including wheat, corn, and soybeans from mid-February through …
Dec 07
Farmer sentiment was unchanged in November as the Purdue University-CME Group Ag Economy Barometer Index came in at a reading of 102, the same as in October. There was however a slight shift in underlying sentiment as the Index of Current Conditions declined 3 points this month to a reading of 98 while the Index of Future Expectations rose 2 points …
