April 4, 2023

Commodity Price Outlook and Interest Rate Concerns Cloud Farmer Sentiment

(opens in new tab)

Tweet
Share

Purdue ag economist James Mintert and Michael Langemeier break down the March Purdue University-CME Group Ag Economy Barometer and share some insights into farmer sentiment. The Ag Economy Barometer fell 8 points to a reading of 117. Both the Index of Current Conditions and Index of Future Expectations declined 8 points in March leaving the Current Conditions Index at 126 and the Future Expectations Index at 113. This month’s survey was conducted from March 13-17, 2023.

Download the Slides(opens in new tab)

The full report is available at https://purdue.ag/agbarometer. 

 

 

Tweet
Share

TAGS:

TEAM LINKS:

James Mintert

Michael Langemeier

RELATED RESOURCES

Farmer Sentiment Rises Again in August as Future Expectations Improve

September 1, 2026

Farmer sentiment improved again in August, but the details behind the increase are more interesting than the headline. The Purdue/CME Group Ag Economy Barometer rose 9 points to 135, marking its second consecutive monthly increase. The key driver was future expectations.

How Farmer Sentiment Compares in the United States and Argentina

August 26, 2026

Farmers in the United States and Argentina are facing many of the same pressures, but their outlook for the future is strikingly different. A new comparison of the two countries’ producer sentiment surveys finds a particularly wide gap in expectations for the crop sector and points to differences in farm income, policy and financial conditions that may help explain why.

Why Farmer Sentiment Improved in July

August 5, 2026

The latest Ag Economy Barometer shows farmer sentiment rebounding after three consecutive months of decline. In this month’s discussion, Purdue agricultural economists Michael Langemeier and Joana Colussi go beyond the survey results to explain what producers are thinking about the farm economy and the risks shaping their outlook.

UPCOMING EVENTS

Weathering Water Extremes: Connecting Soil Health, Drainage, Irrigation, and Farm Resilience

Join educators from across the Midwest to build skills for communicating soil health concepts on Nov. 4-5, 2026. In the field, we’ll evaluate the relationship between soil health and water management focusing on irrigation and edge of field practices. The in-service will have both classroom and on farm demonstrations.

Land of Opportunity: A Conference for Farmland Owners!

The Land of Opportunity: A Conference for Farmland Owners will be held at two locations on October 5 and October 6, providing farmland owners with valuable information and resources to help them make informed decisions about their land. The conference will feature keynote presentations, educational breakout sessions, and networking opportunities designed specifically for those who own, manage, or have an interest in farmland.

POPULAR RESOURCES

See What Others Like >>