Articles tagged under: Ag Economy Barometer
Rising Production Costs Add to Decline in Ag Economy Barometer
Published December 7, 2021
The sharp increase in production costs combined with fluctuating crop and livestock prices, changing environmental and tax policies along with COVID uncertainties are impacting a farmer's outlook on the economy. The November Purdue University/CME Group’s Ag Economy Barometer declined by…Higher Input Costs are Weighing on Farmer Sentiment
Published November 2, 2021
U.S. farmer sentiment dropped three points in October, according to the latest Ag Economy Barometer. The modest decline is attributed to a three-month slide for the index, primarily due to farmers’ declining perceptions for the current and future conditions in…Rising Input Costs Concerns Show in Farmer Survey
Published October 6, 2021
The September Purdue University/CME Group Ag Economy Barometer continues to show a decline in farmer sentiment, with producers feeling less optimistic about current and future economic conditions. Part of that decline is due to rising input costs. "This month, more…Ag Economy Barometer Gets Slight Boost in August
Published September 7, 2021
U.S. farmers have a more positive view of their farm financial situation than they did earlier this summer. That’s according the August Purdue University/CME Group Ag Economy Barometer. Despite the decline in wheat, soybean and corn prices, yield prospects stabilized…Tax Policy Uncertainty Causes May Ag Economy Barometer Decline
Published June 2, 2021
The May Purdue University/CME Group Ag Economy Barometer shows a decline. At a reading of 158, this is the lowest the barometer has been since September 2020. Farmers are less optimistic about the current conditions and the future of the…The April 2021 Ag Economy Barometer Up Slightly from March
Published May 4, 2021
The April Ag Economy Barometer from Purdue University increased slightly from March. The increase comes from the Index of Future Expectations. Stronger commodity prices are driving improved expectations on financial performance. More than half of the U.S. farmers taking the…Better Crop Prices Boost the March Ag Economy Barometer
Published April 6, 2021
The March Purdue University/CME Group Ag Economy Barometer increased 12 points in March to the highest barometer reading since October 2020. The increase is due to a boost in the Index of Future Expectations. Carryover corn and soybean supplies are…A Decline in Future Expectations Lowers February Ag Barometer
Published March 2, 2021
The February CME Group/Purdue University Ag Economy Barometer dropped two points from January 2021, mostly due to a decline in the Index of Future Expectations. Purdue University's Center for Commercial Agriculture Director Jim Mintert says there's been a decline in…Ag Economy Barometer Has Slight Increase in December 2020
Published January 5, 2021
Farmer sentiment climbed in December according to the latest Purdue University/CME Group Ag Economy Barometer. Purdue University Ag Economist Jim Mintert says farmer sentiment increased seven points to an index of 174, mainly on the perception that higher grain prices…