Ag Barometer Insights: July 2025 Survey Results, AgCast Episode 191
Farmer sentiment continues to weaken, as the Purdue University/CME Group Ag Economy Barometer declined again in July. The barometer fell 11 points to 135 from June, a reading that resulted from U.S. farmers’ weaker perceptions of both current conditions and future expectations. Purdue ag economists James Mintert and Michael Langemeier share insights into the results of the July 2025 survey, conducted from July 7-11, in this episode of the Purdue Commercial AgCast. Weak crop prices, a squeeze on farm margins, and a notable difference in sentiment between crop and livestock producers are key factors to the weakened sentiment. Despite high input costs and concerns on long-term profitability, recent policy changes and improved expectations for ag exports, have farmers responding that U.S. policy is headed "in the right direction."
__ Contents of this video: __
00:00 Intro
00:44 Overview of Ag Barometer Results
04:00 Farm Financial Performance & Investments
06:28 Farmland Value & Cash Rent Expectations
09:17 Ag Exports & Trade Expectations
11:40 Farmers' Biggest Concerns
14:32 One Big, Beautiful Bill & Ag Policy
17:09 Conclusion & Resources
The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. The full report is available at https://purdue.ag/agbarometer.
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