Report: Farmer Sentiment Declines in April Amid Input Costs and Availability Concerns

Michael Langemeier and Joana Colussi report that farmer sentiment declined in April, with the Purdue University-CME Group Ag Economy Barometer falling from 127 in March to 121 as producers expressed continued concern about high input costs and growing concern about input availability. The report notes weaker current conditions, lower future expectations, reduced willingness to make large farm investments, and less optimism about long-term farmland values. Read the full report from Purdue Center for Commercial Agriculture for more on what is driving farmer sentiment.