The Purdue/CME Group Ag Economy Barometer rose from 123 in September to 126 in October, while its Current Conditions Index increased by 16 points. The Farm Financial Performance Index rose from 90 to 94 and the Farm Capital Investment Index climbed from 39 to 55, although high input costs remained a key concern and only 20% of respondents said it was a good time to invest in machinery and buildings.
Improved farm sentiment and financial expectations could support investment and input demand, but the survey does not point to a specific near-term change in feed-commodity supply or 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.