
The Purdue University/CME Group Ag Economy Barometer rose to 126 in October from 123 in September, based on a survey of 400 farmers conducted October 12-16. The current conditions index jumped 16 points, coinciding with USDA's distribution of ARC and PLC program payments.
Future expectations fell 2 points, with high input costs remaining the main concern.
Improved farmer sentiment and financial indices may support near-term farm spending, but the survey carries little direct price signal for feed grains or meal. Concerns about trade policy and input costs remain the key drivers to watch.
After 3,202 past report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,388 past report events, SOY moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.
After 2,446 past report events, WHEAT moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.