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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Purdue/CME Group
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 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 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 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 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 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 Weakens in February
The Purdue University/CME Group Ag Economy Barometer dipped 5 points to a reading of 125 in February. Â鶹apps’ perspectives regarding both current conditions on their farms and their expectations for the future also weakened.
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High Input Costs and Rising Interest Rates Concern Â鶹apps
Â鶹app sentiment was unchanged in November compared to October, with the Ag Economy Barometer Index remaining at 102.
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Ag Economy Barometer slides lower, producers concerned about war’s impact on input prices
Ag Economy Barometer slides lower, producers concerned about war’s impact on input prices. (Purdue/CME Group Ag Economy Barometer/James Mintert).Download Photo WEST
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