April 5, 2022
Ag Economy Barometer Slides Lower, Producers Concerned About War’s Impact on Input Prices
The Purdue University-CME Group Ag Economy Barometer dipped to a reading of 113 in March, the weakest farmer sentiment reading since May 2020 which was in the early days of the pandemic. The March reading was 12 points lower than a month earlier and 36% lower than in March 2021. This month’s survey was conducted from March 14-18, 2022. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the March 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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