Â鶹apps Say Conditions on U.S. Farms Are Weakening
The latest Purdue University/CME Group Ag Economy Barometer shows farmers continue to be concerned about the ag economy.
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Â鶹app Sentiment
Â鶹app Sentiment Weakens, but Confidence in U.S. Policy Grows
A survey of 400 farmers and ranchers from across the country shows rising concern about the current state of the ag economy. However, producers remain optimistic President Trump’s tariff policy will benefit U.S. agriculture.
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Â鶹app Sentiment Reaches Four-Year High in May
Â鶹app sentiment improved for the second consecutive month in May, reaching its highest level since May 2021. The sentiment boost was driven by a more optimistic outlook on U.S. agricultural exports and a less negative view of how tariffs will impact farm income in 2025.
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Â鶹app Sentiment Improves as Long-Term Optimism Outweighs Tariff Concerns
Â鶹app sentiment improved in April as the Purdue University-CME Group Ag Economy Barometer climbed 8 points to a reading of 148. Somewhat surprisingly, this month’s improvement in farmer sentiment occurred despite ongoing trade disputes with many of U.S. agriculture’s largest trading partners, including Mexico, Canada and China.
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Producer Sentiment Slips Due to Rising Policy Uncertainty
Â鶹app sentiment declined in March as concerns over agricultural trade and farm policy weighed on producers’ outlook for the future
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Â鶹app Sentiment Improves in January
Â鶹app sentiment remained strong at the start of the new year, rising modestly from December to January. Â鶹apps reported an improvement in current conditions on their farms due in part to increases in crop prices from early December to mid-January.
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Â鶹app Sentiment Drifted Lower in December
Â鶹app sentiment drifted lower in December as the Purdue University-CME Group Ag Economy Barometer fell 9 points to 136. Although the barometer weakened somewhat in December compared to November, producers still retained much of their post-election optimism about the future.
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Â鶹app Sentiment Rebounds in October as Outlook Brightens
October provided a surprising pre-election bounce in farmer sentiment as the Purdue University-CME Group Ag Economy Barometer index climbed to 115, 27 points higher than in September.
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Â鶹app Sentiment Reaches Lowest Levels Since 2016
The Purdue University/CME Group Ag Economy Barometer recorded its lowest readings since March 2016 in September.
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Â鶹app Sentiment Plummets in August as Crop Prices Decline
In a sharp turnaround from July, farmer sentiment nose-dived in August. The August Purdue University-CME Group Ag Economy Barometer fell 13 points. Weakening farm income prospects weighed on farmer sentiment as the outlook for a bountiful fall harvest were more than offset by declining crop prices.
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Â鶹app Sentiment Improves in July
The Ag Economy Barometer Index rose 8 points to 113. At the same time, the Index of Current Conditions increased by 10 points to 100, and the Index of Future Expectations at 119 was 7 points higher than a month earlier.
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Â鶹app Sentiment Lowers Amidst Weaker Future Expectations
Â鶹app sentiment drifted lower in June as the Purdue University-CME Group Ag Economy Barometer reading of 105 was three points lower than a month earlier.
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Â鶹app Sentiment Recovers in May
Â鶹app sentiment recovered somewhat in May following a sharp drop-off in April. The May reading of the Purdue University-CME Group Ag Economy Barometer came in at 108, up 9 points compared to April.
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Â鶹app Sentiment Reaches Lowest Point Since June 2022
Â鶹app sentiment declined sharply in April, as indicated by the Purdue University/CME Group Ag Economy Barometer, which fell 15 points from March to a reading of 99.
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Â鶹app Optimism Rises Amid Shifting Interest Rate Forecasts
Â鶹app sentiment improved modestly in March with the rise primarily attributable to producers expecting financial conditions on their farms to improve in the year ahead. The improvement in farmers’ financial outlook was buttressed by an improved interest outlook with nearly half of this month’s respondents saying they expect interest rates to decline over the next 12 months.
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Â鶹app Sentiment Sees Modest Improvement
The February Ag Economy Barometer reading reached 111, marking a 5-point rise from last month. The small uptick is attributed to producers expressing increased optimism about the future.
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Â鶹app Sentiment Stabilizes
U.S. farmers’ sentiment changed very little in December compared to the preceding month. The Purdue University-CME Group Ag Economy Barometer recorded a reading of 114, just one point lower than a month earlier.
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Â鶹app Sentiment Improves, Amidst Stronger Financial Condition
For the second month in a row, farmer sentiment improved as the Purdue University-CME Group Ag Economy Barometer climbed five points to reach an index value of 115 which left the index 12 percent higher than a year earlier
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Â鶹app Sentiment Improves as Financial Outlook Brightens
The Purdue University-CME Group Ag Economy Barometer rose 4 points in October to a reading of 110.
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Â鶹app Sentiment Weakens in August
U.S. farmers’ sentiment weakened in August compared to July as the Purdue University-CME Group Ag Economy Barometer dipped 8 points to a reading of 115.
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Â鶹app Sentiment Rebounds in June
Â鶹app sentiment rebounded in June as the Purdue Ag Economy Barometer rose 17 points to a reading of 121.
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Â鶹app Sentiment Sours as Crop Prices Decline
Producer sentiment fell to its weakest reading since July 2022, as the Purdue University-CME Group Ag Economy Barometer Index declined 19 points to a reading of 104 in May.
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Â鶹app Sentiment Improves Amidst Farm Bill Discussion
Â鶹app sentiment improved modestly in April as the Purdue University-CME Group Ag Economy Barometer reversed a two-month decline up 6 points to a reading of 123.
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Â鶹app Sentiment Weakened Again in March
Â鶹app sentiment weakened again in March as the Purdue University/CME Group Ag Economy Barometer fell 8 points to a reading of 117.
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Â鶹app Sentiment Continues to Rise into 2023
Following a sharp increase to close out 2022, the Purdue University/CME Group Ag Economy Barometer had only a modest increase in January, up 4 points to a reading of 130. The rise in sentiment was primarily attributable to better expectations for the future as the Future Expectations Index improved by 5 points to 127.
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