Ag Economy Barometer

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Despite inflation, producers are more optimistic about farming

· September 7, 2022

The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose 14 points in August to a reading 117. The rise in the overall measure of agricultural producer sentiment was driven by increases in both the Index of Current Conditions, which rose nine points to 118 and the Index of Future Expectations, which climbed 16 points to 116. 

Farmer sentiment improves slightly despite rising costs

· August 3, 2022

Farmer sentiment has improved marginally alongside current conditions and future expectations. However, these indexes are all still 23-24 percent lower than a year ago. Among the top concerns for producers are higher input prices, lower crop pricing, interest rates, and availability of units.

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Farmer confidence falls as production costs continue to skyrocket

· June 16, 2022

Agricultural producers are struggling with increasing concerns about future success as input costs continue to rise. Some farmers are expressing fears of input costs rising as much as 40% over 2021 and 20% or more heading into 2023. In May, the Purdue University-CME Group Ag Economy Barometer fell below 100 for the first time since […]

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