Ag Barometer Insights: November 2025 Survey Results, AgCast Episode 202
November brought the highest farmer sentiment reading since June, with the Purdue University/CME Group Ag Economy Barometer jumping 10 points from October to 139. The increase was driven primarily by producers’ more optimistic outlook for the future, as the Future Expectations Index climbed 15 points to 144, while the Current Conditions Index dipped 2 points to 128. November’s survey is the first conducted after the late-October announcement of a U.S.-China trade pact that includes provisions to expand U.S. agricultural exports and revealed a notable improvement in producers’ confidence in future export opportunities. Sentiment also received support from a sharp rise in crop prices between mid-October and mid-November. The barometer survey took place Nov. 10-14.
Purdue ag economists James Mintert and Michael Langemeier review the results from the November Ag Economy Barometer and give their insights into farmer sentiment and the farm economy.
__ Contents of this video: __
00:00 Introduction
00:46 Overview of Ag Barometer Results
02:45 Farm Financial Performance & Investments
08:21 Farmland Value Expectations
11:14 Ag Exports & Trade Expectations
12:59 Farmers' Biggest Concerns
17:41 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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