Ag Economy Barometer
Farmers’ sentiment rebounds from low, but worries persist
Large American farms are more confident of weathering the coronarvirus pandemic but nearly two-thirds of them say Congress should provide more assistance beyond the $16 billion already earmarked for agriculture, said Purdue University on Tuesday. Some 27 percent of producers surveyed for Purdue's monthly Ag Economy Barometer said they were "very worried" about the impact of the virus on their farm's profitability. <strong> (No paywall) </strong>
With agreements in hand, fewer farmers expect trade war payments
Farmers are optimistic about the resumption of trade with China and, as a result, fewer of them believe the Trump administration will send trade war payments to producers this year, said a Purdue University poll on Tuesday. Fewer than half of the producers contacted by the Ag Economy Barometer said they anticipated payments this year, compared to nearly six out of 10 last fall.
‘Quite large’ amounts of corn and soy land were not planted
‘New NAFTA’ helps alleviate farm income fears
Six in 10 respondents to a Purdue poll on farmer confidence said the United States-Mexico-Canada Agreement had either completely or somewhat relieved their concerns about their income over the next year.
USDA: Farm anxiety understandable, aid package will ease it
The administration’s aid package for farmers will shield U.S. agriculture while President Trump negotiates new and fairer trade deals, said a USDA spokesman on Wednesday.
Farmer confidence lowest in a year due to trade turmoil
Farmers are increasingly dour about the outlook for U.S. farm exports, with 27 percent expecting lower soybean prices in the year ahead — nearly double the figure from a month earlier, said a Purdue University poll of 400 producers.
Farmer confidence fades over trade concerns
Nearly twice as many producers believe there is a risk of a trade war that will significantly damage farm exports as say that risk is low, according to a Purdue University poll of farmers and ranchers.
More farmers expect bad times in the year ahead
The Ag Economy Barometer dropped to its second-lowest reading of 2017, pulled down by pessimism about conditions in the coming year, says Purdue University.
Farmers strongly favor renegotiation of NAFTA
Farmer sentiment darkens as commodity prices weaken
Just as the spring rally in futures prices brightened farmers' outlook, the summer slump in corn and soybean prices pulled down sharply on the Ag Economy Barometer, say Purdue economists. The monthly survey of producer sentiment fell by 17 points in August for a reading of 95, the lowest since the end of winter.
In debut, Purdue/CME barometer finds uptick in ag economy
A ‘Trump bump’ on the farm, with a dollop of trade war anxiety
As it did eight years ago, Donald Trump's victory in the presidential election has ignited a surge of enthusiasm among farmers, although two-fifths of them say there is a risk of a damaging trade war, said a Purdue University poll released on Tuesday. The Ag Economy Barometer, a gauge of farmer confidence, surged 30 points to its highest reading since May 2021.