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Weakened commodity prices cast a shadow on US farmer sentiment

Weakened commodity prices cast a shadow on US farmer sentiment
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James mintertPurdue universityGroup ag economy barometerPurdue university centerCurrent conditions indexFuture expectations indexFarm financial performance indexFarm capital investment indexShort term farmland value expectations index

Weakened commodity prices cast a shadow on farmer sentiment

WEST LAFAYETTE, Ind. The most recent findings from the Purdue University/CME Group Ag Economy Barometer reveal a downturn in farmer sentiment at the start of 2024. The January barometer fell to a reading of 106, 8.

James mintertPurdue universityGroup ag economy barometerCurrent conditions indexFuture expectations indexFarm financial performance indexFarm capital investment indexShort term farmland value expectations index

Long-Term Expectations for Ag Commodities Remain Positive

Long-Term Expectations for Ag Commodities Remain Positive
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Group ag economy barometer indexTeucrium agricultural fundShort term farmland value expectations indexFarm capital investment indexWorld grain

Producers concerned about future

Farmer sentiment took a downturn at the start of 2024 as the January Purdue University-CME Group Ag Economy Barometer Index decreased to a reading of 106. That’s 8 points less

Michael langemeierJames mintertMichael langemeier purdue centerGroup ag economy barometer indexPurdue universityCommercial agricultureJanuary purdueCurrent conditions indexFuture expectations indexFarm financial performance indexJanuary ag economy barometerFarm capital investment indexShort term farmland value expectations indexPurdue university center

Weakened commodity prices cast a shadow on farmer sentiment

Producers expressed a more pessimistic perspective about their current situation and future prospects.

James mintertPurdue university centerPurdue universityGroup ag economy barometerCurrent conditions indexFuture expectations indexFarm financial performance indexFarm capital investment indexShort term farmland value expectations index