July 7, 2020

Farmer Sentiment Rebounds Amidst Ongoing COVID-19 Concerns

Farmer sentiment improved for the second month in a row, rebounding from sharp declines that took place in both March and April. In this episode of Purdue Commercial AgCast, Purdue ag economists James Mintert reviews the results from the June 2020 Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. The improvement in farmer sentiment left the Ag Economy Barometer 7 percent below one year earlier, while the Index of Future Expectations was still 10 percent below its June 2019 level. The Index of Current Conditions, however, was two percent higher than in June 2019, likely reflecting considerably improved spring planting conditions throughout much of the nation, in addition to support from USDA’s Coronavirus Food Assistance Program (CFAP). The full report is available at https://purdue.ag/agbarometer.

TAGS:

sentiment

TEAM LINKS:

James Mintert

RELATED RESOURCES

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.

Farmer Sentiment Improves as Long-Term Optimism Outweighs Tariff Concerns

May 6, 2025

Farmer sentiment improved in April as producers expressed more optimism about current and future conditions on their farms. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the April 2025 Ag Economy Barometer survey, conducted from April 14-21, in this episode of the Purdue Commercial AgCast.

Producer Sentiment Slips Due to Rising Policy Uncertainty

April 1, 2025

Weaker expectations for the future led to a decline in farmer sentiment in March as the Purdue University/CME Group Ag Economy Barometer index fell 12 points to a reading of 140, down from 152 a month earlier. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the March 2025 Ag Economy Barometer survey, conducted from March 10-14, in this episode of the Purdue Commercial AgCast.