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 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.