Ag Barometer Insight: June 2022 Survey

Farmer sentiment remained weak in June as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 97, 2 points below its May reading. This month 51% of survey respondents said they expect their farms to be worse off financially a year from now, the most negative response received to this question since data collection began in 2015. This month’s survey was conducted from June 13-17, 2022. Purdue ag economists Brady Brewer and Michael Langemeier review the results and give some insight into the June 2022 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer.   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.