Farmer sentiment decreased again in May as the Purdue University-CME Group Ag Economy Barometer Index declined from 121 points in April to 119. The Current Conditions Index decreased by 8 points, while the Future Expectations Index increased by 1 point. This month’s Current Conditions Index was 21 points less than the December 2025 index, reaching its worst level since December 2024.
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Michael Langemeier
Joana Colussi
Michael Langemeier is the director of the Purdue University-Center for Commercial Agriculture and an agricultural economist with Purdue University. Joana Colussi is an assistant professor in the Purdue University-Department of Agricultural Economics. Each month the Ag Economy Barometer from the Purdue University-Center for Commercial Agriculture surveys 400 U.S. agricultural producers to discern attitudes and sentiments regarding the status of the U.S. farm economy. Each quarter 100 agribusiness leaders are surveyed to provide additional insight into the health of the agricultural economy. Visit ag.purdue.edu for more information.
