Jim Mintert

(Courtesy of Purdue University Center for Commercial Agriculture)

 

A survey of farmer sentiment saw its largest drop in March since the monthly survey began in 2015. Most respondents pointed to financial impacts from the novel coronavirus.

The national Ag Economy Barometer saw sharp declines in current and future expectations tracking with other industries feeling the impacts of the COVID-19 pandemic.

The December Ag Economy Barometer shows farmers are less confident about current conditions, but are more optimistic looking into the future.

Farmers’ perceptions of economic conditions improved in November, according to the monthly Ag Economy Barometer. While yields are down it’s still a better harvest than many feared.

Courtesy of Purdue University Center for Commercial Agriculture

A recent measure of agricultural sentiment showed farmers increasingly worried about their economic futures. 

The Ag Economy Barometer saw the largest single-month drop since it was created in 2016. Barometer principal investigator Jim Mintert says farmers are worried about low commodity prices and continuing tariffs. 

Farmers' Economic Optimism Drops In Latest Survey

May 14, 2019

Farmers' confidence in the economy tumbled last month, according to the latest Ag Economy Barometer reading. The April survey had the fourth largest sentiment index drop since it began in 2015.

Ag Barometer Sees Record Decline In Producer Sentiment

Aug 7, 2018
(Courtesy of Purdue University Center for Commercial Agriculture)
Lauren Chapman

Purdue University’s Ag Economy Barometer, which measures producer sentiment, has seen record declines following establishment of the Trump administration’s tariffs. July’s declines were the biggest since the measure was first established in 2015.