March 1, 2022
Farmer Sentiment Rises During Commodity Price Rally; Concern Over Production Costs Remains
The Purdue University-CME Group Ag Economy Barometer rose 6 points in February to 125, matching the sentiment index’s reading from December. This month’s survey was conducted from February 14-18 2022, which was just prior to Russia’s invasion of Ukraine. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the February 2022 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers.
Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Catch the next monthly update on July 13th for the corn and soybean outlook following release of USDA’s July Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.Read More