Ag Barometer Insights: July 2025 Survey Results

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."

The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. Further details on the full report is available at https://purdue.edu/agbarometer. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast191.

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Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.