
The Purdue University-CME Group Ag Economy Barometer rose to 126 points in October from 123 in September. Farmers were optimistic about current conditions but expectations for the future fell, and only 35% expect increased US tariffs to strengthen the agricultural economy in the long run.
Improved farmer sentiment alongside USDA payments may support near-term farm spending, but weaker long-run expectations and financial pressure point to cautious demand for inputs. The survey has little direct effect on feed commodity prices.
After 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.