{"id":13063,"date":"2023-03-07T10:15:00","date_gmt":"2023-03-07T14:15:00","guid":{"rendered":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/?p=13063"},"modified":"2023-03-06T10:30:35","modified_gmt":"2023-03-06T14:30:35","slug":"media-farmer-sentiment-dips-in-february","status":"publish","type":"post","link":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/","title":{"rendered":"Farmer sentiment dips in February"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-medium\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"217\" src=\"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-300x217.jpg\" alt=\"Farmer sentiment dips in February (Purdue\/CME Group Ag Economy Barometer\/James Mintert).\" class=\"wp-image-13067\" srcset=\"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-300x217.jpg 300w, https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-1024x742.jpg 1024w, https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-768x557.jpg 768w, https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-1536x1113.jpg 1536w, https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-2048x1485.jpg 2048w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption class=\"wp-element-caption\"><strong>Farmer sentiment dips in February<\/strong> (Purdue\/CME Group Ag Economy Barometer\/James Mintert).<\/figcaption><\/figure>\n<\/div>\n\n\n<p>WEST LAFAYETTE, Ind.\u00a0and CHICAGO\u00a0\u2014<a>T<\/a>he\u00a0<a href=\"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/\">Purdue University\/CME Group Ag Economy Barometer<\/a>\u00a0dipped 5 points to a reading of 125 in February. Farmers\u2019 perspectives regarding both current conditions on their farms and their expectations for the future also weakened. The\u00a0<em>Index of Current Conditions<\/em>fell 2 points to 134 and the\u00a0<em>Index of Future Expectations<\/em>\u00a0declined 6 points to 121. The\u00a0<em>Ag Economy Barometer<\/em>\u00a0is calculated each month from 400 U.S. agricultural producers\u2019 responses to a telephone survey. This month\u2019s survey was conducted between February 13-17.<\/p>\n\n\n\n<p>\u201cIncreased concern over the risk of falling output prices, rising interest rates, and uncertainty over the future growth of U.S. agricultural exports is weighing on producers\u2019 minds,\u201d said&nbsp;<a href=\"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/team\/jim-mintert\/\">James Mintert<\/a>, the barometer\u2019s principal investigator and director of Purdue University\u2019s Center for Commercial Agriculture.<\/p>\n\n\n\n<p>Producers\u2019 expectations for their farms\u2019 financial performance in 2023 compared to 2022 weakened in February. The&nbsp;<em>Farm Financial Performance Index<\/em>&nbsp;declined 7 points to a reading of 86. Farmers continue to point to concerns about higher input costs (38% of respondents), rising interest rates (24% of respondents), and lower output prices (18% of respondents), as their biggest concern for the year ahead.<\/p>\n\n\n\n<p>Agricultural exports have been a key source of growth for U.S. agriculture for decades. Beginning in 2019, the&nbsp;<em>Ag Economy Barometer<\/em>&nbsp;survey routinely included a question asking producers about their expectations for agricultural exports in the upcoming 5 years. Since peaking in 2020, when just over 70% of respondents said they expected exports to increase in the upcoming 5 years, the percentage of farmers looking for exports to grow over time has drifted lower. In February, just 33% of survey respondents said they expect exports to increase, which leads Mintert to suggest that a lack of confidence in future agricultural export growth is contributing to weakened sentiment among producers.<\/p>\n\n\n\n<p>Despite strong farm income, the February reading of the&nbsp;<em>Farm Capital Investment Index<\/em>&nbsp;changed little, rising one point to a reading of 43. This month, 72% of producers said it is a \u201cbad time\u201d to make large investments in their farming operation, while just 15% reported it is a \u201cgood time\u201d to make such investments. The disparity between producers\u2019 responses to the question and actual farm equipment sales continues to be focused on costs. Of those who said now is a \u201cbad time\u201d to make large investments, 45% of respondents said it was because of an increase in prices for farm machinery and new construction, while 27% of respondents said it was because of \u201crising interest rates.\u201d<\/p>\n\n\n\n<p>Producers\u2019 expectations for short-term and long-term farmland values fell in February but remain positive. The&nbsp;<em>Short-Term Farmland Value Index<\/em>&nbsp;declined one point to 119 while the&nbsp;<em>Long-Term Farmland Value Index<\/em>dropped 5 points to 137. Although both indices remain above 100, indicating a positive outlook on farmland values, the percentage of producers who said they expect values to decline over the next 5 years reached 19% this month, the highest percentage since this question was first routinely included in barometer surveys in 2019. Still, over half (56%) of respondents expect values 5 years from now to be higher than today. This month, just 33% of respondents said they expect values to rise in the next 12 months, while 14% said they expect values to weaken.<\/p>\n\n\n\n<p>Each February, the barometer survey includes a question focused on farm growth, asking respondents about the annual growth rate they expect for their farm over the next 5 years. This year 49% of respondents said their farm either had \u201cNo plans to grow\u201d (33%) or \u201cPlan to exit or retire\u201d (16%). Of those respondents who expect their farms to grow, 19% expect it to grow by \u201cLess than 5% annually\u201d and 22% said they expect it to grow by \u201c5 to 10% annually.\u201d<\/p>\n\n\n\n<p>Leasing of farmland for solar energy production is a hot topic in many parts of the U.S. Since the Spring of 2021, the barometer survey has periodically included questions about the discussions that farmers are having with solar companies. In both the January and February 2023 surveys, just over 10% of respondents said they had discussed a solar lease with a company. Of those who indicated they had been in discussions, nearly half (48%) of respondents said they were offered a lease rate above $1,000 per acre, up from a low of 27% and a high of 35% in previous surveys. This month\u2019s survey findings suggest companies have started to increase the lease rates they are willing to pay.&nbsp;<\/p>\n\n\n\n<p>Read the full&nbsp;<em>Ag Economy Barometer<\/em>&nbsp;report at&nbsp;<a href=\"https:\/\/purdue.ag\/agbarometer\">https:\/\/purdue.ag\/agbarometer<\/a>.&nbsp;The site also offers additional resources \u2013 such as past reports, charts and survey methodology \u2013 and a form to sign up for monthly barometer email updates and webinars.&nbsp;<\/p>\n\n\n\n<p>Each month,&nbsp;the Purdue Center for Commercial Agriculture provides a short video analysis of the barometer results, available at&nbsp;<a href=\"https:\/\/purdue.ag\/barometervideo\">https:\/\/purdue.ag\/barometervideo<\/a>. For more information, check out the&nbsp;<em>Purdue Commercial AgCast<\/em>&nbsp;podcast&nbsp;available at&nbsp;<a href=\"https:\/\/purdue.ag\/agcast\">https:\/\/purdue.ag\/agcast<\/a>,&nbsp;which&nbsp;includes a detailed breakdown of each month\u2019s barometer, in addition to a discussion of recent agricultural news that&nbsp;affects&nbsp;farmers.<\/p>\n\n\n\n<p>The Ag Economy Barometer, Index of Current Conditions and Index of Future Expectations are available on the Bloomberg Terminal under the following ticker symbols: AGECBARO, AGECCURC and AGECFTEX.<\/p>\n\n\n\n<p><strong>About the Purdue University Center for Commercial Agriculture<\/strong><\/p>\n\n\n\n<p>The&nbsp;<a href=\"https:\/\/ag.purdue.edu\/commercialag\/Pages\/default.aspx\">Center for Commercial Agriculture<\/a>&nbsp;was founded in 2011 to provide professional development and educational programs for farmers. Housed within Purdue University\u2019s Department of Agricultural Economics, the center\u2019s faculty and staff develop and execute research and educational programs that address the different needs of managing in today\u2019s business environment.<\/p>\n\n\n\n<p><strong>About CME Group<\/strong><\/p>\n\n\n\n<p>As the world&#8217;s leading and most diverse derivatives marketplace, CME Group (<a href=\"http:\/\/www.cmegroup.com\/\">www.cmegroup.com<\/a>)&nbsp;enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data \u2013 empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on&nbsp;<a href=\"http:\/\/www.cmegroup.com\/trading\/interest-rates\/index.html\">interest rates<\/a>,&nbsp;<a href=\"http:\/\/www.cmegroup.com\/trading\/equity-index\/index.html\">equity indexes<\/a>,&nbsp;<a href=\"http:\/\/www.cmegroup.com\/trading\/fx\/\">foreign&nbsp;exchange<\/a>,&nbsp;<a href=\"http:\/\/www.cmegroup.com\/trading\/energy\/\">energy<\/a>,&nbsp;<a href=\"http:\/\/www.cmegroup.com\/trading\/agricultural\/\">agricultural products<\/a>&nbsp;and&nbsp;<a href=\"http:\/\/www.cmegroup.com\/trading\/metals\/\">metals<\/a>.&nbsp; The company offers futures and options on futures trading through the&nbsp;<a href=\"http:\/\/www.cmegroup.com\/globex\/index.html\">CME Globex<\/a>\u00ae platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.&nbsp; In addition, it operates one of the world&#8217;s leading central counterparty clearing providers, CME Clearing.&nbsp;&nbsp;<\/p>\n\n\n\n<p>CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini&nbsp;are trademarks of Chicago Mercantile Exchange Inc.&nbsp; CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.&nbsp; NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.&nbsp; COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively.<strong>&nbsp;&nbsp;<\/strong>Dow Jones, Dow Jones Industrial Average, S&amp;P 500 and S&amp;P are service and\/or trademarks of Dow Jones Trademark Holdings LLC, Standard &amp; Poor&#8217;s Financial Services LLC and S&amp;P\/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc.&nbsp; All other trademarks are the property of their respective owners.<\/p>\n\n\n\n<p>Writer:&nbsp;Kami Goodwin, 765-494-6999,&nbsp;<a href=\"mailto:kami@purdue.edu\">kami@purdue.edu<\/a><\/p>\n\n\n\n<p>Source: James Mintert, 765-494-7004,&nbsp;<a href=\"mailto:jmintert@purdue.edu\">jmintert@purdue.edu<\/a><\/p>\n\n\n\n<p>Media Contacts:<\/p>\n\n\n\n<p>Aissa Good, Purdue University, 765-496-3884,&nbsp;<a href=\"mailto:aissa@purdue.edu\">aissa@purdue.edu<\/a><\/p>\n\n\n\n<p>Dana Schmidt, CME Group, 312-872-5443,&nbsp;<a href=\"mailto:dana.schmidt@cmegroup.com\">dana.schmidt@cmegroup.com<\/a><\/p>\n\n\n\n<p>Related websites:<\/p>\n\n\n\n<p>Purdue University Center for Commercial Agriculture:&nbsp;<a href=\"http:\/\/purdue.edu\/commercialag\">http:\/\/purdue.edu\/commercialag<\/a><\/p>\n\n\n\n<p>CME Group:&nbsp;<a href=\"http:\/\/www.cmegroup.com\/\">http:\/\/www.cmegroup.com\/<\/a><\/p>\n\n\n\n<p>Photo Caption:\u00a0Farmer sentiment dips in February\u00a0(Purdue\/CME Group Ag Economy Barometer\/James Mintert).<a href=\"https:\/\/www.purdue.edu\/uns\/images\/2023\/feb-barometerLO.jpg\">https:\/\/www.purdue.edu\/uns\/images\/2023\/feb-barometerLO.jpg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0Purdue University\/CME Group Ag Economy Barometer\u00a0dipped 5 points to a reading of 125 in February. This month\u2019s survey was conducted between February 13-17.<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[7],"tags":[],"class_list":["post-13063","post","type-post","status-publish","format-standard","hentry","category-media"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Farmer sentiment dips in February<\/title>\n<meta name=\"description\" content=\"The\u00a0Purdue University\/CME Group Ag Economy Barometer\u00a0dipped 5 points to a reading of 125 in February.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Farmer sentiment dips in February\" \/>\n<meta property=\"og:description\" content=\"The\u00a0Purdue University\/CME Group Ag Economy Barometer\u00a0dipped 5 points to a reading of 125 in February.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/\" \/>\n<meta property=\"og:site_name\" content=\"Ag Economy Barometer\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/purdueagribusiness\/?fref=ts\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-07T14:15:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-300x217.jpg\" \/>\n<meta name=\"author\" content=\"Sarah E Zahn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@PUCommercialAg\" \/>\n<meta name=\"twitter:site\" content=\"@PUCommercialAg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sarah E Zahn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/\"},\"author\":{\"name\":\"Sarah E Zahn\",\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/#\\\/schema\\\/person\\\/52eeacca3760429bae3d2fb0becc1086\"},\"headline\":\"Farmer sentiment dips in February\",\"datePublished\":\"2023-03-07T14:15:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/\"},\"wordCount\":1292,\"image\":{\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/AgEconomyBarometer_Feb2023-300x217.jpg\",\"articleSection\":[\"Media\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/\",\"url\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/\",\"name\":\"Farmer sentiment dips in February\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/AgEconomyBarometer_Feb2023-300x217.jpg\",\"datePublished\":\"2023-03-07T14:15:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/#\\\/schema\\\/person\\\/52eeacca3760429bae3d2fb0becc1086\"},\"description\":\"The\u00a0Purdue University\\\/CME Group Ag Economy Barometer\u00a0dipped 5 points to a reading of 125 in February.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/AgEconomyBarometer_Feb2023-300x217.jpg\",\"contentUrl\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/AgEconomyBarometer_Feb2023-300x217.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/media-farmer-sentiment-dips-in-february\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Farmer sentiment dips in February\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/#website\",\"url\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/\",\"name\":\"Ag Economy Barometer\",\"description\":\"The Ag Economy Barometer is a partnership between Purdue University and the CME Group designed to assess the health of the agriculture economy.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/#\\\/schema\\\/person\\\/52eeacca3760429bae3d2fb0becc1086\",\"name\":\"Sarah E Zahn\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c3d1e5c1f2388888fcec8e4b5c5a383102db8dfb7af99d9cdb95fb2383e076d1?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c3d1e5c1f2388888fcec8e4b5c5a383102db8dfb7af99d9cdb95fb2383e076d1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c3d1e5c1f2388888fcec8e4b5c5a383102db8dfb7af99d9cdb95fb2383e076d1?s=96&d=mm&r=g\",\"caption\":\"Sarah E Zahn\"},\"url\":\"https:\\\/\\\/ag.purdue.edu\\\/commercialag\\\/ageconomybarometer\\\/author\\\/smithse\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Farmer sentiment dips in February","description":"The\u00a0Purdue University\/CME Group Ag Economy Barometer\u00a0dipped 5 points to a reading of 125 in February.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/","og_locale":"en_US","og_type":"article","og_title":"Farmer sentiment dips in February","og_description":"The\u00a0Purdue University\/CME Group Ag Economy Barometer\u00a0dipped 5 points to a reading of 125 in February.","og_url":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/","og_site_name":"Ag Economy Barometer","article_publisher":"https:\/\/www.facebook.com\/purdueagribusiness\/?fref=ts","article_published_time":"2023-03-07T14:15:00+00:00","og_image":[{"url":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-300x217.jpg","type":"","width":"","height":""}],"author":"Sarah E Zahn","twitter_card":"summary_large_image","twitter_creator":"@PUCommercialAg","twitter_site":"@PUCommercialAg","twitter_misc":{"Written by":"Sarah E Zahn","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/#article","isPartOf":{"@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/"},"author":{"name":"Sarah E Zahn","@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/#\/schema\/person\/52eeacca3760429bae3d2fb0becc1086"},"headline":"Farmer sentiment dips in February","datePublished":"2023-03-07T14:15:00+00:00","mainEntityOfPage":{"@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/"},"wordCount":1292,"image":{"@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/#primaryimage"},"thumbnailUrl":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-300x217.jpg","articleSection":["Media"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/","url":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/","name":"Farmer sentiment dips in February","isPartOf":{"@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/#primaryimage"},"image":{"@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/#primaryimage"},"thumbnailUrl":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-300x217.jpg","datePublished":"2023-03-07T14:15:00+00:00","author":{"@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/#\/schema\/person\/52eeacca3760429bae3d2fb0becc1086"},"description":"The\u00a0Purdue University\/CME Group Ag Economy Barometer\u00a0dipped 5 points to a reading of 125 in February.","breadcrumb":{"@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/#primaryimage","url":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-300x217.jpg","contentUrl":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-content\/uploads\/2023\/03\/AgEconomyBarometer_Feb2023-300x217.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/media-farmer-sentiment-dips-in-february\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/"},{"@type":"ListItem","position":2,"name":"Farmer sentiment dips in February"}]},{"@type":"WebSite","@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/#website","url":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/","name":"Ag Economy Barometer","description":"The Ag Economy Barometer is a partnership between Purdue University and the CME Group designed to assess the health of the agriculture economy.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/#\/schema\/person\/52eeacca3760429bae3d2fb0becc1086","name":"Sarah E Zahn","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c3d1e5c1f2388888fcec8e4b5c5a383102db8dfb7af99d9cdb95fb2383e076d1?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c3d1e5c1f2388888fcec8e4b5c5a383102db8dfb7af99d9cdb95fb2383e076d1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c3d1e5c1f2388888fcec8e4b5c5a383102db8dfb7af99d9cdb95fb2383e076d1?s=96&d=mm&r=g","caption":"Sarah E Zahn"},"url":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/author\/smithse\/"}]}},"_links":{"self":[{"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/posts\/13063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/comments?post=13063"}],"version-history":[{"count":1,"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/posts\/13063\/revisions"}],"predecessor-version":[{"id":13068,"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/posts\/13063\/revisions\/13068"}],"wp:attachment":[{"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/media?parent=13063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/categories?post=13063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ag.purdue.edu\/commercialag\/ageconomybarometer\/wp-json\/wp\/v2\/tags?post=13063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}