The Purdue University/CME Group Ag Economy Barometer, released on August 6, showed improved farmer sentiment despite falling corn and soybean prices. The overall index rose to 113, a gain of 8 points.

While high input costs and declining crop and livestock prices remain top concerns, only 17% of farmers cited rising interest rates. The Farm Financial Performance Index fell 4 points to 81. This reflects ongoing concerns about commodity prices and production costs.

The Farm Capital Investment Index remained weak at 38, indicating slightly improved investment sentiment. The number of producers who believe it’s a bad time to make large investments dropped from 80% in June to 75% in July.

Read more results from the Purdue University/CME Group Ag Economy Barometer here.