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Farmer Sentiment Declines to Lowest Level Since June 2022

May 10, 2024 | Posted in Data & Trends

Farmer sentiment plunged in April as the Purdue University-CME Group Ag Economy Barometer fell 15 points below a month earlier to a reading of 99.

Supply Chain Issues Still Hindering Farmers' Equipment Purchases

February 1, 2022 | Posted in Data & Trends

According to the results of the latest Ag Economy Barometer, over 40% of surveyed farmers reported "low farm machinery inventories were holding back their purchase plans."

Ag Economy Barometer Declines Sharply in May

June 1, 2021 | Posted in Data & Trends

The Purdue/CME Group Ag Economy Barometer declined 20 points in May to 158 which is the lowest barometer reading since September 2020 when the index stood at 156. Both the Index of Current Conditions and the Index of Future Expectations declined this month.

Strong Commodity Prices and Improved Financial Conditions Boost Ag Economy Barometer

April 6, 2021 | Posted in Data & Trends

According to the most recent Ag Economy Barometer update from Purdue University, the Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October.

Farmer Sentiment Pulls Back Post-Election; Regulation, Trade & Taxes Rated as Top Concerns

December 1, 2020 | Posted in Data & Trends

U.S. farmers' sentiment weakened following the November 2020 elections, as the Purdue University-CME Group Ag Economy Barometer fell 16 points from a month earlier to a reading of 167.

Ag Barometer Rises as Crop Prices Rally

October 7, 2020 | Posted in Data & Trends

U.S. agricultural producers became more optimistic again in September as the Purdue University-CME Group Ag Economy Barometer climbed to 156, the highest reading for the index since the pandemic began last winter and 12 points higher than one-month earlier.

Ag Economy Barometer Stable; Farmers Less Optimistic About Future

August 4, 2020 | Posted in Data & Trends

Farmer sentiment in July was virtually unchanged from a month earlier as the Purdue University-CME Group Ag Economy Barometer rose just one point to a reading of 118. The small change in the barometer left it 30% below its February 2020 peak and 23% below its level a year ago.

Farmers Less Pessimistic About Their Farms’ Financial Performance

July 9, 2020 | Posted in Data & Trends

According to the June Purdue University-CME Group Ag Economy Barometer, farmers were less pessimistic about their farms’ financial performance in June than they were in April and May of this year, but they were noticeably more negative than in early spring 2019.

Farmer Sentiment Continues to Rise in June

July 7, 2020 | Posted in Data & Trends

Farmer sentiment improved again in June as the Purdue University-CME Group Ag Economy Barometer rose 14 points to a reading of 117.

Farmers Worried About Falling Equity, Future of Ethanol Industry

June 15, 2020 | Posted in Data & Trends

The most recent Ag Economy Barometer from Purdue University and CME Group asked for farmers’ thoughts on the future of farmer equity and the U.S. ethanol industry with the majority of responses showing strong concern for both.

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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.

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