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sentiment
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.
Read MoreDrawing on results from the latest Purdue University-CME Group Ag Economy Barometer, Michael explores how today’s combination of elevated input costs and tighter commodity margins is changing the way farmers think about risk. While farmer sentiment improved in July, the survey reveals that long-term profitability will depend less on producing a good crop and more on earning a profitable price for it.
Read MoreFarmer sentiment improved in July, ending three consecutive months of decline, as the Purdue University-CME Group Ag Economy Barometer (AEB) Index increased from 113 points in June to 126 points in July.
Read MoreProducers continued to express concern about farm finances as the June Purdue University/CME Group Ag Economy Barometer recorded a 6-point decline in farmer sentiment to 113.
Read MoreFarmer sentiment dropped again in May as the Purdue University-CME Group Ag Economy Barometer declined from 121 points in April to 119. The Current Conditions Index fell by 8 points, while the Future Expectations Index increased by 1 point. The percentage of respondents who listed high input costs as their biggest concern was 51% in May, reaching a new high.
Read MoreFarmer sentiment declined in April with the Purdue University/CME Group Ag Economy Barometer, falling from 127 in March to 121. The drop reflects weaker confidence in current conditions, declining expectations for future performance, and continued concerns about input costs, availability, and global uncertainty. The Farm Capital Investment Index also fell to its lowest level since October 2024, signaling reduced willingness to make large investments. With two-thirds of producers expecting lower farm income in 2026 and many anticipating higher corn break-even prices, the report highlights growing financial pressure across U.S. agriculture.
Read MoreResults from the March 2026 Purdue University-CME Group Ag Economy Barometer reveal a clear divide in producer sentiment based on land value expectations. Farmers expecting declining land values report weaker financial performance outlooks, lower investment confidence, and greater concern about input costs. In contrast, those expecting rising land values are more optimistic and influenced by factors such as alternative investments. Tracking these differences provides important context for understanding shifts in the farm economy.
Read MoreFarmer sentiment improved in March as the Purdue University/CME Group Ag Economy Barometer rose to 127, up from 116 in February. The improvement was driven by a notable increase in producers’ expectations for the future.
Read MoreThe February 2026 Ag Economy Barometer reveals a sharp divergence in sentiment between crop and livestock producers, with livestock farms reporting substantially stronger confidence. Despite differences in current outlook and capital investment sentiment, long-term growth expectations and transition planning remain similar across farm types, highlighting continued focus on expansion and generational transfer.
Read MoreFarmer sentiment improved in February as the Purdue University-CME Group Ag Economy Barometer Index rose from 113 points in January to 116. The Current Conditions Index increased by 11 points, while the Future Expectations Index dropped 1 point. Although concerns about agricultural exports moderated somewhat from the previous month, they are still higher than those expressed in December. In addition, the percentage of respondents who think the U.S. is headed in the “right direction” declined for the second month in a row.
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