January 3, 2023

Farmer Sentiment Rebounds at Year End on Stronger 2022 Income

Producer sentiment improved sharply in December as the Purdue University-CME Group Ag Economy Barometer Index reading of 126 was 24 points higher than a month earlier. Although U.S. farmers were more positive regarding both the current situation as well as their expectations for the future, by far the biggest improvement was in their assessment of current conditions. The Current Conditions Index reached 135, 37 points higher than in November while the Future Expectations Index hit 122, 18 points above a month earlier. This month’s survey was conducted from December 5-9, 2022.

20230103_PodcastNovemberAgEconomyBarometer

Download the Slides

The full report is available at https://purdue.ag/agbarometer.

TAGS:

sentiment

TEAM LINKS:

James Mintert

Michael Langemeier

RELATED RESOURCES

Farmer Sentiment Weakens, But Farmers Say U.S. Headed in Right Direction

August 5, 2025

Farmer sentiment continues to weaken, as the Purdue University/CME Group Ag Economy Barometer declined again in July. The barometer fell 11 points to 135 from June, a reading that resulted from U.S. farmers’ weaker perceptions of both current conditions and future expectations. Purdue ag economists James Mintert and Michael Langemeier share insights into the results of the July 2025 survey, conducted from July 7-11, in this episode of the Purdue Commercial AgCast.

Farmer Sentiment Weakens On Cloudy Trade Outlook

July 1, 2025

Farmer sentiment weakened in June as the Purdue University/CME Group Ag Economy Barometer fell to 146, down from 158 a month earlier. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the June 2025 survey, conducted from June 9-13.

Farmer Sentiment Reaches a Four-Year High in May

June 3, 2025

Farmer sentiment reached a four-year high in May. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the May 2025 Purdue University/CME Group Ag Economy Barometer survey, conducted from May 12-16, in this episode of the Purdue Commercial AgCast. The barometer rose 10 points to 158, the highest since May 2021, driven by optimism about future and current farm conditions.

Purdue Flexible Lease Workshop

September 16 at 7 pm or September 23 at 9 am

The Flexible Lease virtual Workshop, presented by the Purdue Extension Land Lease Team, will include a presentation and discussion to help you decide if a flexible land lease arrangement is right for your farm.