Optimism about Current Conditions Pushes Farmer Sentiment Index to All-time Hgh

James Mintert and Michael Langemeier, Center for Commercial Agriculture James Mintert and gives his breakdown on the Purdue/CME Group Ag Economy Barometer February results at purdue.ag/barometervideo. Download report (pdf) The Ag Economy Barometer rose slightly compared to a month earlier, with a reading of 168 in February, just one point higher than in January. The one-point rise in the sentiment index…

Expectations for Improved Trade with China Sends Farmer Sentiment Soaring

James Mintert and Michael Langemeier, Center for Commercial Agriculture James Mintert and gives his breakdown on the Purdue/CME Group Ag Economy Barometer January results at purdue.ag/barometervideo. Download report (pdf) The Ag Economy Barometer rose to a reading of 167 in January, a 17-point jump from December when the index stood at 150. Virtually all of the rise in this month’s barometer…

Farmers optimistic about the future,

Even as their perception of current economic conditions drops James Mintert and Michael Langemeier, Center for Commercial Agriculture The Ag Economy Barometer drifted sideways in December, to a reading of 150 compared to 153 in November. Although the barometer changed little in December, there was a shift in producers’ perspective regarding both their farms’ and…

Ag Barometer holds steady, but farmers concerned about farm bill delay

Farmers more optimistic that current trade disputes will not hurt long-run growth prospects for U.S. ag exports. Agricultural producer optimism held steady in November, although concern surrounds the lack of a farm bill, results from the latest Purdue University/CME Group Ag Economy Barometer showed. The November barometer reading, which utilizes a survey of 400 agricultural…

Ag Economy Barometer jumps 22 points from September to October

A positive view of the future is underpinning the Ag Economy Barometer. The Purdue University/CME Group Ag Economy Barometer increased 22 points from September to October, continuing its trend of large month-to-month shifts as producers continue to be buffeted by shifts in major commodity prices and news about trade negotiations with key ag trade partners….

Cyber Security For Agribusiness

Spyware, malware, viruses – for someone managing a busy farm, keeping track of the latest cyber security threats can be challenging. But with small businesses suffering the majority of cyber attacks, no business owner can afford to ignore the threat. Here are our top tips for simple ways to keep your farm data safe: 1….

Ag Economy Barometer Falls To Lowest Level In Two Years

Purdue University’s September Ag Economy Barometer has fallen to its lowest point in two years. It’s been harder than usual this season for farmers to make a profit. And that’s driving down how the ag sector feels about its future. Attitudes had improved August, just after President Donald Trump announced a small farm bailout package aimed at softening the effects of…

Farming As Life Vs Business

The business principles all farmers need to know Up before dawn tending to animals, out past dark working in the field: as anyone who farms knows, farming isn’t just a job, it’s a way of life. While the majority of the population no longer farms or lives in rural areas, for those still farming, the…

Ag Producers’ Sentiment Rebounds in August

The Ag Economy Barometer rebounded in August to a reading of 129 after falling to 117 in July. Although the producer sentiment index increased by 12 points in August, producer sentiment remains well below its late spring readings of 141 in May and 143 in June. The shift in producer sentiment occurred primarily because producer’s…

Producer Sentiment Plummets on Price Weakness and Trade War Concerns

James Mintert & Michael Langemeier Ag producer sentiment fell sharply during July as the impact of commodity price declines and concerns about ag trade prospects weighed on producers’ perceptions of both current and future conditions in the agricultural economy. The Ag Economy Barometer declined 26 points to a reading of 117 in July, driven by…