Barometer Shows Farmer Sentiment Deteriorating As Harvest Concludes

December 6, 2017 11:00 AM

At the beginning of 2017, the Purdue University/CME Group Ag Barometer reached its highest level ever since data collection began in October 2015. The barometer has fluctuated throughout the year, and the latest reading shows farmer sentiment is diminishing.

The November reading showed a reading of 128, the second-lowest reading of 2017. This is a 7-point decrease from the October reading of 135.

Analysts think this slide is driven by producers taking a less optimistic view of the future and a decline in confidence.

One of the questions asked was if the next 12 months in ag will be good times or bad times. According to the latest survey, 62 percent of respondents expect the next year to be bad times in terms of finances. This number has increased 12 points since July.

The barometer is based on a monthly survey of 400 agriculture producers from the U.S. 

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Spell Check

three fortys
cokato , MN
12/7/2017 05:03 PM

  of course the attitude is poor! when 2% of the population provide at least 3 meals a day to the general public and we are not allowed to do it at a fair profit? But the majority think nothing of paying for pick ups and cars or suv,s that have appreciated in cost. I realize that it is a global economy now but ethanol usage is up, animals on feed usage is up, just general consumption by human beings is up, that just tells us that the grain is being used, i know we have done a banner job of raising terrific crops, and you better believe mother nature has been good to us in the bushel department! it is 2 bad that the 2% do not realized the power we have to change things but to scared to do it. well a friend just stopped have to go

Deerfield, KS
12/8/2017 12:26 AM

  Everything is great just look at John Deer stock ????

Deerfield, KS
12/8/2017 12:26 AM

  Everything is great just look at John Deer stock ????


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