# Farmer optimism rises, but tariff confidence tumbles

> The Purdue University/CME Group Ag Economy Barometer rose three points to 126 in October, as its current-conditions index improved by 16 points while future expectations slipped by two. The survey coincided with USDA ARC and PLC payments; farmers’ financial performance and capital investment indexes improved, but confidence in trade policy and the longer-term outlook remained weak.

- Date: 2026-11-05 · published 2026-11-06T03:17:13.145Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/83341-farmer-optimism-rises-but-tariff-confidence-tumbles
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Farm-program payments may support producers’ near-term cash flow, while trade-policy uncertainty and elevated costs can discourage investment and limit future production or input demand. The survey points to modest support for farm sentiment rather than a clear change in commodity supply or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-08-13 | [U.S. farmers stung by tariffs now face a $3.5 billion corn loss](https://feedsoft.ai/events/11738-u-s-farmers-stung-by-tariffs-now-face-a-3-5-billion-corn-loss.md) | -3.3% | -8.2% |
| CORN | 2016-08-26 | [Pro Farmer sees record U.S. corn, soy crops, but below USDA view](https://feedsoft.ai/events/12397-pro-farmer-sees-record-u-s-corn-soy-crops-but-below-usda-view.md) | -4.0% | -0.1% |
| CORN | 2021-02-09 | [February 2021 WASDE: Corn tumbles on reduced global consumption](https://feedsoft.ai/events/48590-february-2021-wasde-corn-tumbles-on-reduced-global-consumption.md) | -5.2% | +1.6% |
| CORN | 2022-06-30 | [Corn crumbles on rising stocks – The Seam](https://feedsoft.ai/events/40953-corn-crumbles-on-rising-stocks-the-seam.md) | +1.0% | -16.7% |
| CORN | 2019-08-13 | [USDA CROP REPORT SURPRISES TRADE – McLean County Farm Bureau](https://feedsoft.ai/events/11742-usda-crop-report-surprises-trade-mclean-county-farm-bureau.md) | -3.3% | -8.2% |
| SOY | 2019-08-13 | [U.S. farmers stung by tariffs now face a $3.5 billion corn loss](https://feedsoft.ai/events/11738-u-s-farmers-stung-by-tariffs-now-face-a-3-5-billion-corn-loss.md) | -0.9% | -0.3% |
| SOY | 2016-08-26 | [Pro Farmer sees record U.S. corn, soy crops, but below USDA view](https://feedsoft.ai/events/12397-pro-farmer-sees-record-u-s-corn-soy-crops-but-below-usda-view.md) | -3.9% | -4.3% |
| SOY | 2021-02-09 | [February 2021 WASDE: Corn tumbles on reduced global consumption](https://feedsoft.ai/events/48590-february-2021-wasde-corn-tumbles-on-reduced-global-consumption.md) | -0.2% | +3.9% |

## Sources

- agdaily.com: https://www.agdaily.com/insights/farmer-optimism-rises-tariff-confidence-tumbles/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.