Ag Barometer Shows Highest Optimism Since July 2023

The Purdue University/CME Group Ag Economy Barometer saw a bounce in positivity this past month. “The biggest driver behind that was people became more optimistic about the future,” said Center for Commercial Agriculture Director Jim Mintert. “It was the highest reading we’ve gotten on that index since July of 2023. After a down year in 2024, Mintert believes farmers expect the recent downturn to be transitory, with prices bouncing back in 2025. This month’s poll was conducted before Election Day.