Farmer sentiment fell again in June according to the latest Purdue University-CME Group Ag Economy Barometer, dropping from 119 in May to 113 points in June. 

June’s Current Conditions Index was 26 points below its December 2025 reading, reaching its lowest level since December 2024. 

Only 12% of respondents indicated that their farm operations were better off in June than they had been a year ago. Looking ahead to the next 12 months, 22% of respondents expect their farms to be better off financially a year from now. 

The Farm Capital Index fell to its lowest level since September 2024.

The Farm Capital Investment Index fell 1 point to 40, its lowest level since September 2024. However, it is still 5 points above that September 2024 low. Looking back at the historical data since 2015 on the Farm Capital Investment, the lowest reading recorded is 31 points. The Farm Capital Investment Index dropped to that level 4 times during the period — August 2024, April 2024, November 2022 and September 2022. 

The highest reading since 2015 was a 93, hit in both December 2020 and January 2021. 

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