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Purdue University’s survey of farm sentiment indicates they are less content with farm financial performance than in May with the index declining by five points to 104.
An index greater than 100 indicates that United States farmers expect a stronger financial performance in 2025 than in 2024. The index has ranged from 101 to 111 since January.
Helping to support this outlook are strong income prospects for the livestock sector, especially for beef producers.
The Farm Capital Investment Index rose by five points from May to 60, nearly matching April’s reading of 61. The investment index increased as the percentage of farmers who said it’s a good time to invest reached 24 per cent, up from 19 per cent in May.