Blog Post

Farmers more optimistic, report improved financial conditions

There was a slight uptick in agricultural producers’ sentiment in October, as the Purdue University/CME Group Ag Economy Barometer index rose four points to a reading of 110. The modest improvement in farmer sentiment resulted from farmers’ improved perspective on current conditions on their farms as well as their expectations for the future. The Index of Current Conditions rose three points to 101 while the Index of Future Expectations rose five points to 114. This month’s Ag Economy Barometer survey was conducted from Oct.16-20.

“Farmers in this month’s survey were slightly less…

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