Rising input costs reach a record 52% concern level among farmers, driving an 18-point drop in the Ag Economy Barometer's Index of Current Conditions as sector sentiment weakens.
CME Group is mentioned as a partner in the Ag Economy Barometer survey, but the article focuses on farmer sentiment and input costs, not CME's financial performance.
The September Purdue University/CME Group Ag Economy Barometer reveals that 52% of farmers identify input costs as their primary financial concern, a new record high. This sentiment shift coincides with an 18-point decline in the Index of Current Conditions, signaling mounting pressure on agricultural profitability.
It is a monthly survey conducted by Purdue University and CME Group that measures the economic sentiment of U.S. agricultural producers.