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.
The full report is available at https://purdue.ag/agbarometer.
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UPCOMING EVENTS
Two outstanding farms in south-central Indiana will host visitors wanting to learn about farm and crop management on July 11th for the Purdue University Farm Management Tour. The Indiana Master Farmer reception and panel discussion will follow.
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