Purdue University/CME Group Ag Economy Barometer

Producer sentiment drops with increasing trade war concerns

· August 9, 2018

Producers are voicing their concerns regarding increasing trade war concerns and decreasing commodity prices. The Purdue University/CME Group Ag Economy Barometer declined 26 points, down to 117, making July the largest one-month decline in producer sentiment since data collection began in October 2015. “This summer we’ve seen tariffs placed on imports of U.S. ag products […]

May Ag Economy Barometer shows farmers more optimistic

· June 6, 2018

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 Ag Economy Barometer reading of 141 was 16 points higher than April. The rise […]

Ag Barometer: Trade war taking a toll on producer sentiment

· May 2, 2018

Trade war concerns are putting a damper on producer sentiment toward the agricultural economy, according to the latest Purdue University/CME Group Ag Economy Barometer. The Ag Barometer has declined for the second month amid looming trade war concerns. The April barometer reading of 125 was 10 points lower than a month earlier and 15 points below […]

Ag Barometer: Farmers less optimistic after export uncertainty

· April 4, 2018

The Purdue University/CME Group Ag Economy Barometer fell to 135 in March, and trade relations and U.S ag export uncertainty is to blame. The 5-point decline in sentiment comes as a result of producers’ less-optimistic perceptions of both current conditions and future expectations. The Index of Current Conditions fell 9 points in March to 134, […]

Ag Barometer: Producers more positive, but uneasy on NAFTA

· March 6, 2018

Producer sentiment increased for the second straight month in February, but producers continued to indicate uncertainty surrounding a possible U.S. withdrawal from NAFTA, according to the Purdue University/CME Group Ag Economy Barometer. The barometer read 140 in February, a 5-point increase from January’s reading of 135. The increases mark a strong 14-point jump since December. […]

Ag economy barometer shows post-harvest pessimism

· December 5, 2017

Producers were not as positive regarding the agricultural economy in November following harvest, according to the Purdue University/CME Group Ag Economy Barometer. The November barometer read 128, a 7-point decline from October’s 135 and the second-lowest reading of 2017. The ag economy barometer is based on a monthly survey of 400 agricultural producers from across […]

Producer optimism down due to economy, NAFTA uncertainty

· October 3, 2017

Producers aren’t feeling so optimistic about the future of the agricultural economy, according to the latest Purdue University/CME Group Ag Economy Barometer. The overall barometer held steady from August to September with a reading of 132 as its two sub-indices – the Index of Future Expectations and the Index of Current Conditions – shifted in […]

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