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Stock impact report

Farmer sentiment declines to lowest level since June 2022 amid weakened financial outlook

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: PR Newswire
WEST LAFAYETTE, Ind., May 7, 2024 /PRNewswire/ -- April witnessed a steep decline in U.S. farmer sentiment, as indicated by the Purdue University/CME Group Ag Economy Barometer, which fell 15 points from March to a reading of 99. Both subindexes of the barometer also saw declines: The Current Condition Index dropped by 18 points to 83, while the Future Expectations Index fell by 14 points to 106. April marked the lowest farmer sentiment reading since June 2022 and the weakest current condition rating since May 2020. The sentiment decline was driven by worries regarding the current financial situation on farms and anticipated financial challenges in the coming year. The April Ag Economy Barometer survey was conducted from April 8-12, 2024."Farmers' sentiment took a significant hit in April, reflecting broader concerns about financial performance and farmland values," said James Mintert, the barometer's principal investigator and director of Purdue University's Center for Commercial Agr Show less Read more
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