After 3 months of decline, farmer sentiment rebounds in July
The Purdue University/CME Group Ag Economy Barometer rose 13 points to 126 in July, snapping a three-month decline as farmer sentiment improved. The Current Conditions Index increased 20 points to 122, while the Future Expectations Index rose 11 points to 129, although high input costs remain the top challenge for producers.
Key figures
- Survey respondents
- 405
- Ag economy barometer
- 126
- Current conditions index
- 122
- Future expectations index
- 129
- Farm capital investment index
- 50
- Long term farmland value expectations index
- 152
- Short term farmland value expectations index
- 118
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.