Farmer Sentiment Lowers Amidst Weaker Future Expectations
Farmer 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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Purdue/CME Group
Farmer Sentiment Recovers in May
Farmer 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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Farmer Optimism Rises Amid Shifting Interest Rate Forecasts
Farmer 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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Farmer 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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Farmer 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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Farmer Sentiment Rebounds in June
Farmer sentiment rebounded in June as the Purdue Ag Economy Barometer rose 17 points to a reading of 121.
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Farmer 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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Farmer Sentiment Improves Amidst Farm Bill Discussion
Farmer 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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Farmer Sentiment Weakened Again in March
Farmer 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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Farmer Sentiment Weakens in February
The Purdue University/CME Group Ag Economy Barometer dipped 5 points to a reading of 125 in February. Farmers’ 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 Farmers
Farmer 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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