Ag Barometer Insights: March 2025 Survey Results, AgCast Episode 184
Weaker expectations for the future led to a decline in farmer sentiment in March as the Purdue University-CME Group Ag Economy Barometer index fell 12 points to a reading of 140, down from 152 a month earlier. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the March 2025 Ag Economy Barometer survey, conducted from March 10-14, in this episode of the Purdue Commercial AgCast. They analyze key changes, including a 12-point drop in the index, driven primarily by a decrease in future expectations. The episode covers impacts of trade policies, tariff uncertainties, and their effects on corn and soybean prices. The discussion also touches on farm capital investment, farmland value expectations, anticipated government compensation, and producer sentiments towards inflation and interest rates for 2025.
__ Contents of this video: __
00:00:00 Intro
00:00:25 Overview of March 2025 Ag Economy Barometer Results
00:01:01 Current Conditions and Future Expectations
00:02:48 Farm Financial Performance and Investments
00:04:52 Farmland Value Expectations
00:07:27 Long-term Ag Export Outlook
00:09:38 Policy Concerns and Farm Bill Importance
00:15:01 Inflation and Interest Rate Expectations
00:17:47 Conclusion and 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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