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The Purdue University-CME Group Ag Economy Barometer rose from 123 to 126 points in October, driven by a 16-point gain in the Index of Current Conditions. The Future Expectations index fell by 2 points, and high input costs remain farmers' top concern.
The survey of 400 farmers was conducted October 12-16, 2026.
Farmer sentiment is a survey indicator rather than a supply or demand shock, so it has little direct effect on feed grain prices. Improved current conditions may signal stronger farm finances and capital spending, which can support demand for inputs and machinery.
ag.purdue.eduSarah E ZahnNov 3, 2026After 3,207 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 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.
After 2,447 past report events, Wheat (SRW) 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.
