WEST LAFAYETTE, Ind., Nov. 4, 2025 /PRNewswire/ — U.S. farmer sentiment edged quite upper in October, with the Purdue University/CME Group Ag Economy Barometer emerging 3 issues to a studying of 129. The rise used to be fueled essentially by way of a get up within the Index of Flow Statuses, which climbed 8 issues to 130, age the Index of Past Expectancies used to be just about unchanged at 129, simply 1 level upper than in September. Farmers’ value determinations of stream statuses spotlight a “tale of two economies”: Cattle manufacturers stay extremely positive about their farm statuses, partially supported by way of record-high profitability within the red meat sector, age cut manufacturers record a extra pessimistic view of the stream status on their farms because of low benefit margins throughout primary cut enterprises. The barometer survey took playground Oct. 13-17.
The Farm Monetary Efficiency Index dropped to 78 in October, 10 issues not up to in September, reflecting a smart fade in farmers’ monetary efficiency expectancies over the era few months. In Would possibly, the index stood at 109, 31 issues above the October studying, prior to frequently falling throughout the spring and summer time. Indistinguishable to the Index of Flow Statuses, there remains to be a disparity between cut and cattle manufacturers: Abbreviate farmers be expecting their monetary efficiency to fall smartly beneath that of a moment in the past, age cattle manufacturers watch for effects alike to the former moment. Regardless of the entire fade in monetary expectancies, the Farm Capital Funding Index greater by way of 9 issues to 62, boosted as soon as once more by way of optimism amongst cattle manufacturers.
In earlier barometer surveys, maximum manufacturers stated they be expecting the U.S. Section of Agriculture to grant repayment for susceptible commodity costs, alike to the 2019 Marketplace Facilitation Program. This occasion, respondents had been requested how they’d utility a possible additional fee from the USDA on their farms. Greater than part (53%) stated they’d utility it to pay i’m sick debt, age one-fourth (25%) stated they’d give a boost to their farm’s running capital. Fewer manufacturers stated they’d put money into farm equipment (12%) or guard population dwelling bills (11%).
The Snip-Time period Field Worth Expectancies Index rose 7 issues in October to 113, following 4 months of declines. The shift in sentiment displays extra manufacturers expecting grassland values to extend instead than store stable, reversing September’s development. This occasion, 30% of respondents stated they be expecting grassland values to get up over the after moment, up from 24% in September. The proportion anticipating values to fall remained necessarily unchanged at 17%, in comparison to 18% the former occasion.
“U.S. farmers are adjusting to ongoing economic pressures in different ways,” stated Michael Langemeier, the barometer’s most important investigator and director of Purdue’s Center for Commercial Agriculture. “Livestock producers are seeing strong returns and remain optimistic, while many crop producers are contemplating management changes for 2026 to help cope with tighter margins.”
To be told extra about how cut manufacturers will reply to susceptible working margins, the October survey requested respondents who planted corn in 2025 about any cut manufacturing control adjustments they plan to build in 2026 in keeping with low corn costs. Just about one-third (30%) stated they don’t plan to build any adjustments, age 29% stated they plan to let go phosphorus packages. Twenty-seven p.c stated they intend to undertake lower-cost seed characteristics or sorts, 16% plan to let go nitrogen packages, age simply 11% stated they’d cheapen corn seeding charges in 2026.
Coverage dubiousness continues to persuade farmer sentiment. In October, 58% of manufacturers stated they be expecting greater utility of price lists by way of the U.S. to give a boost to the rural economic system, up from September however nonetheless beneath the 70% reported in April and Would possibly. In the meantime, 16% of respondents stated they had been unsure in regards to the have an effect on of tariff insurance policies at the agricultural economic system, double that of each April and Would possibly. Regardless of this dubiousness, more or less 70% of manufacturers stated they imagine the U.S. is headed within the “right direction.”
Concerning the Purdue College Middle for Industrial Agriculture
The Center for Commercial Agriculture used to be based in 2011 to grant skilled construction and academic methods for farmers. Housed inside of Purdue College’s Section of Agricultural Economics, the middle’s college and personnel assemble and kill analysis and academic methods that cope with the other wishes of managing in lately’s industry order.
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About Purdue College
Purdue College is a folk analysis college eminent with excellence at scale. Ranked amongst supremacy 10 folk universities in the US, Purdue discovers, disseminates and deploys wisdom with a trait and at a scale 2d to none. Greater than 106,000 scholars find out about at Purdue throughout more than one campuses, places and modalities, together with greater than 57,000 at our primary campus places in West Lafayette and Indianapolis. Dedicated to affordability and accessibility, Purdue’s primary campus has frozen tuition 14 years in a row. See how Purdue by no means stops within the power pursuit of the after immense soar — together with its built-in, complete Indianapolis city enlargement; the Mitch Daniels Faculty of Trade; Purdue Computes; and the One Fitness initiative — at https://www.purdue.edu/president/strategic-initiatives.
Assets and Notes forbid:
Supply: Michael Langemeier, [email protected], 765-494-9557
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