Despite Commodity Price Decline, Ag Producer Sentiment Goes Up

Producer sentiment inches up despite commodity price decline and continued trade war concerns Writer: Kami Goodwin, 765-494-6999, kami@purdue.edu Agricultural producer sentiment rose slightly in June according to the Purdue University/CME Group Ag Economy Barometer. The increase was unexpected given unresolved trade war concerns and sharp price declines for key commodities, including corn, wheat and, especially, soybeans during the…

Ag Barometer Hits 16 Month High

Purdue/CME Group Ag Economy Barometer Shows Significant Rise in Producer Sentiment Agricultural producer sentiment rose last month to its highest level since January 2017, as producers expressed an improved view of current conditions and future expectations of the U.S. agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer reading of 141 was…

According To Ag Barometer Lower Taxes Are Possible

Ag Producer Sentiment Turns Higher; Many Expect Lower Taxes By Hoosier Ag Today After trending lower in late 2017, the Purdue/CME Group Ag Economy Barometer turned higher in January. The monthly survey of 400 agricultural producers from across the U.S. indicated that the measure of producer sentiment climbed to 135 points at the beginning of 2018,…

Purdue Releases January Results

January 2018 Results Released from Purdue University The Purdue University/CME Group Ag Economy Barometer is a nationwide measure of the health of the U.S. agricultural economy. On the first Tuesday of each month, the Ag Economy Barometer provides a sense of the agricultural economy’s health with an index value. The index is based on a…

Audio Overview From Ag Barometer Results

At the end of this article, written by Amy Sites in the Brownfield Ag News, an audio interview is shared. FARMERS OPTIMISTIC ABOUT CURRENT CONDITIONS, PESSIMISTIC ABOUT FUTURE An ag economist says a paradox has developed in producer sentiment as farmers are optimistic about current conditions but pessimistic about future expectations. David Widmar says the…

FARMERS FEEL AG ECONOMY DETERIORATING

CURRENT ECONOMIC SENTIMENT BRIGHTER THAN FUTURE. U.S. farmers see the current state of the ag economy less of a concern than in the future. In its latest survey results Wednesday, for November, the Purdue University/CME Group Ag Economy Barometer shows that producers expressed lower sentiment toward the agricultural economy in November on the heels of fall harvest,…

October Leads Producers To Optimism

The Purdue University/CME Group Ag Economy Barometer landed at 135 in October, up three points from September. It represented the third-highest reading since data collection began two years ago. The improvement was driven by the Index of Future Expectations, which increased from 130 in September to 137 in October. The Index of Future Expectations is one of…

Future Expectations Turn Lower

The Purdue/CME Group Ag Economy Barometer September reading of 132 was unchanged compared to August. The monthly measure of agricultural producer sentiment – which is based on a monthly survey of 400 U.S. producers of corn, soybeans, wheat, cotton, beef cattle, dairy cattle, and hogs – has ranged between 130 and 139 over the last…

DROP IN COMMODITY PRICES DRIVES PRODUCER SENTIMENT LOWER

An ag economist says a decline in commodity prices is the driver in the downward shift in producer sentiment in August. David Widmar says the Purdue University/CME Group Ag Economy Barometer, a monthly survey of 400 U.S. farmers, dropped seven points to 132. A rating below 100 is negative, while a rating above 100 indicates…

Are Ag Producers Financially Stronger?

U.S. ag producers feel financially stronger compared to 2016 Shared from: World Grain written: by Susan Reidy U.S. agricultural producers’ feel their operations’ financial positions are improved compared to a year ago, which has helped the Ag Economy Barometer hold steady for the past three months and remain well above levels recorded prior to November 2016….