Farmer sentiment declines in January as commodities weaken
In January 2024, farmer sentiment declined, with the Purdue University-CME Group Ag Economy Barometer Index dropping 8 points lower than the previous month.
In January 2024, farmer sentiment declined, with the Purdue University-CME Group Ag Economy Barometer Index dropping 8 points lower than the previous month.
Looking ahead to 2024, U.S. farmers’ inflation expectations have notably reduced compared to the start of 2023 according to the Ag Economy Barometer.
Just in time for holiday cheer, farmer sentiment appears to be on the rise for the second month in a row according to the latest Ag Economy Barometer.
There was a rise in agricultural producers’ sentiment in October, as the Purdue University/CME Group Ag Economy Barometer index rose four points to 110.
For the second month in a row, farmers’ sentiments declined as the Purdue University-CME Group Ag Economy Barometer dropped nine points to 106.
In August 2023, the Purdue University-CME Group Ag Economy Barometer revealed a decline in farmers’ sentiment. The Ag Economy Barometer decreased by 8 points, settling at a reading of 115 for August, indicating a diminished confidence level among farmers. The drop in sentiment primarily stemmed from farmers’ less optimistic views regarding the current state of […]
Farmers may be getting a little more optimistic about interest rates. Or at least that’s what the Purdue University-CME Group Ag Economy Barometer results for April may indicate.
This month’s Purdue/CME Group Ag Economy Barometer showed a drop in farmer confidence in commodity pricing and interest rates.
The Purdue University-CME Group Ag Economy Barometer Index fell 5 points in February to a reading of 125, while current and future expectations dropped.
Farmer outlook feel in October according to Purdue University-CME Group Ag Economy Barometer with the sentiment index weakening to a reading of 102.