Farmer sentiment weakened in June as the Purdue University-CME Group Ag Economy Barometer fell to 146, down from 158 a month earlier. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the June 2025 survey, conducted from June 9-13, in this episode of the Purdue Commercial AgCast. Key takeaways include a sharp decline in the Future Expectation Index, a stable Current Condition Index, a drop in the Farm Financial Performance Index, and a surprising rise in the Farm Capital Investment Index. The episode explores various factors impacting farmer sentiment, such as policy uncertainty, trade, tariffs, input costs, and labor issues.

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/agcast189.

You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/1C5-A2Z_vPg to subscribe and watch.

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.