CME Group/Purdue University Ag Economy Barometer | Red River Farm Network

Farmer Optimism Increased in July

Published August 8, 2024

According to the Purdue University-CME Group Ag Economy Barometer, farmer sentiment improved in July despite higher input costs and lower commodity prices. Purdue University ag economist Jim Mintertis was puzzled by the increase in optimism from June. "When we asked producers…

Interest Rates and Input Costs Remain a Worry

Published July 7, 2024

According to the latest Purdue University/CME Group Ag Economy Barometer, farmer attitudes are drifting lower. "The barometer did drift a little lower this month," said James Mintert, director, Purdue Center for Commercial Agriculture. "People became a little less optimistic about…

Farmer Sentiment Recovers

Published June 4, 2024

Farmers were increasingly optimistic during May. According to the latest Purdue University/CME Group Ag Economy Barometer, the credit goes to an uptick in crop prices. Despite the positive outlook, 77 percent of the farmers surveyed said it is a bad…

Cost-Price Squeeze Influences Farm Attitudes

Published April 3, 2024

The Purdue University/CME Group Ag Economy Barometer showed an increase in farmer sentiment in March. Purdue University Center for Commercial Agriculture Director Dr. Jim Mintert said he believes interest rate expectations have changed. The number of farmers worried about lower…

Most Expect Farmland Values to Moderate

Published January 6, 2024

According to the latest CME Group/Purdue University Ag Economy Barometer, fewer farmers expect farmland values will increase in 2024. Two years ago, six percent of those surveyed expected farmland values to decline. About 14 percent expect a decline this year.…

Farmer Sentiment Improves

Published December 10, 2023

The Purdue University and CME Group Ag Economy Barometer rose five points in November. Purdue University Director of Commercial Agriculture Dr. James Mintert says farmers feel better about their current conditions than a year ago. A surprising harvest was likely…

Ag Economy Barometer Shows October Increase

Published November 12, 2023

The CME Group/Purdue University Ag Economy Barometer rose four points this month to a reading of 110. The survey asked farmers about their concern about farm policy. Purdue Center for Commercial Agriculture Director Dr. James Mintert is surprised to see…

Farmer Sentiment Drops in August

Published September 7, 2023

The CME Group/Purdue University Ag Economy Barometer reading fell eight points in August to 115. Purdue University Center for Commercial Ag Director Dr. James Mintert said current economic conditions brought the reading lower. “I think for a lot of people…

A Modest Increase in Farmer Sentiment

Published August 3, 2023

Despite market volatility, Purdue University Center for Commercial Agriculture Director Dr. James Mintert says farmers remain cautiously optimistic. The July CME Group/Purdue University Ag Economy Barometer reading increased slightly. “I’m surprised we maintained as much optimism as we did, I…

Optimism for the Future

Published July 7, 2023

Farmer sentiment rebounded this past month after a sharp fall in the CME Group and Purdue University Ag Economy Barometer in May. In May, 44 percent of the farmers surveyed expected their farm’s financial situation to decline in upcoming year.…

Articles tagged under: CME Group/Purdue University Ag Economy Barometer

Farmer Optimism Increased in July

Interest Rates and Input Costs Remain a Worry

Farmer Sentiment Recovers

Cost-Price Squeeze Influences Farm Attitudes

Most Expect Farmland Values to Moderate

Farmer Sentiment Improves

Ag Economy Barometer Shows October Increase

Farmer Sentiment Drops in August

A Modest Increase in Farmer Sentiment

Optimism for the Future

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