Ag Economy Barometer up 12 Points

The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record setting performance in October of 184. Organizers say this month’s 12-point rise in the barometer was attributable almost entirely to ag producers’ more optimistic view of the future. The Index of Future Expectations climbed to 164, 16 […]

February Ag Economy Barometer Results

February’s Ag Economy Barometer reading of 165 changed little compared to January when the index stood at 167. This week’s reading shows producers continue to report strong current conditions on their farms as February’s Current Conditions Index value of 200 is near its all-time high. That continues a trend that started in the fall. However, […]

Ag Economy Barometer Drifts Lower

The Ag Economy Barometer drifted lower in January to a reading of 167, a drop of seven points from December. That 167 reading is equal to November’s figure. Organizers say the barometer’s decline over the last three months is attributable to weaker expectations for the future. The Index of Future Expectations has fallen 35 points […]

Ag Economy Barometer Reaches Three-year Low

Commodity price declines, supply-chain disruptions, and coronavirus concerns pushed the Purdue University/CME Group Ag Economy Barometer down to a three-year low in April. The barometer recorded a reading of 96, marking the first time the barometer has fallen below 100 since October 2016. April’s reading was also a 72 point drop from February’s record high […]

Ag Economy Barometer Hits All-Time High

Producers’ perceptions of improved current conditions in the agricultural economy pushed the Purdue University/CME Group Ag Economy Barometer to a record high. The index rose to 168 in February, an increase of one point from January, and was 18 points higher than in December. This month’s increase came about largely because of the improvement in […]

October Ag Economy Barometer Improves

The October Ag Economy Barometer improved to a reading of 136, up 15 points compared to September.  The monthly measure of the farm economy saw an increase in the assessment of current and future conditions by farmers.  The Current Conditions Index rose from 100 in September to 115 in October, and the Futures Expectations Index […]

Farmer Pessimism Increasing over Current Conditions

The monthly measure of farmer sentiment shows producers are more pessimistic about current conditions.  The monthly Purdue/CME Group Ag Economy Barometer slipped to 121, down three points from August.  However, the Index of Current Conditions, a sub-index of the barometer, dropped 22 points to a reading of 100.  The barometer is based on a mid-month […]

August Ag Economy Barometer Falls

Farmer concern regarding low prices and the farm economy led to a sharp drop in the August Ag Economy Barometer.  The Perdue/CME Group economic measure fell 29 points last month to a reading of 124. The barometer’s decline was attributed to declines in both the Index of Current Conditions, which dropped 19 points, and the […]

Farm Outlook Continues Slide in Ag Economy Barometer

The Ag Economy Barometer dropped again in May.  The barometer reading of 101 was 14 points lower than a month earlier and was the lowest barometer reading since October 2016.  For the second month in a row, the decline in farmer sentiment was attributable to big declines in both the Index of Current Conditions, which […]