Farmer Sentiment Declines to Lowest Level Since June 2022 Amid Weakened Financial Outlook
Farmer Sentiment Declines to Lowest Level Since June 2022 Amid Weakened Financial Outlook
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.
印第安納州西拉斐特，2024年5月7日 /PRNewswire/ — 據報道，4月份美國農民信心急劇下降 普渡大學/芝加哥商品交易所集團農業經濟晴雨表，該指數從3月份下降了15點至99點。晴雨表的兩個子指數也都出現了下跌：當前狀況指數下跌18點至83點，而未來預期指數下跌14點至106點。4月是自2022年6月以來最低的農民信心指數，也是自2020年5月以來最弱的當前狀況評級。市場情緒下降是由對農場當前財務狀況的擔憂以及來年預期的財務挑戰所推動的。4月份的農業經濟晴雨表調查於2024年4月8日至12日進行。
"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 Agriculture.
The Farm Financial Performance Index declined to 76 in April, marking a 7-point drop from the previous month and a 21-point decrease from last fall's peak of 97. This downturn reflects farmers' growing concerns about the upcoming year's financial outlook, with fewer respondents expecting better or equal performance than last year.
4月份農場財務績效指數跌至76點，較上個月下降7點，較去年秋天的峯值97下降21點。這種低迷反映出農民對來年的財務前景越來越擔憂，預計業績好於或相等的受訪者減少了。
Farmers' expectations regarding interest rates and farmland values shifted in April's survey. Only 24% of respondents anticipate interest rates rising over the next year, down from 32% in March. Fewer farmers this month also said they expect to see farmland values rise over the next year, despite the modest improvement in their interest rate outlook, while more farmers reported that they look for farmland values to hold steady. In the April survey, just 29% of producers said they expect farmland values to rise in the upcoming year, compared to 38% who felt that way in March. These shifts reflect farmers' concern about farm financial performance in 2024, outweighing their improved interest rate outlook.
在4月份的調查中，農民對利率和農田價值的預期發生了變化。只有24％的受訪者預計明年利率將上升，低於3月份的32％。儘管利率前景略有改善，但本月也減少了表示他們預計明年農田價值將上漲的農民，而越來越多的農民表示他們希望農田價值保持穩定。在4月份的調查中，只有29％的生產者表示他們預計來年農田價值將上升，而3月份的這一比例爲38％。這些變化反映了農民對2024年農場財務表現的擔憂，超過了他們改善的利率前景。
There is growing interest in using farmland for solar energy production, and solar lease rates appear to be increasing. This month's survey revealed a 7-point uptick in respondents reporting discussions with companies about solar energy leases, reaching 19% compared to 12% in March. Specifically, discussions around solar leasing suggest demand for solar leases is increasing, with 58% of farmers reporting lease rate offers exceeding $1,000 per acre — up from 54% in March. Over one-fourth of respondents (28%) said they were offered a farmland lease rate of $1,250 or more per acre. Rising lease rates for energy production could be starting to impact farmland values, at least in some areas. Among producers who said they expect values to rise in the next year, 8% of respondents highlighted energy production as a key reason.
人們對使用農田生產太陽能的興趣與日俱增，太陽能租賃費率似乎在提高。本月的調查顯示，報告與公司討論太陽能租賃的受訪者增加了7個百分點，達到19％，而3月份爲12％。具體而言，圍繞太陽能租賃的討論表明，對太陽能租賃的需求正在增加，有58％的農民報告說，租賃費率超過每英畝1,000美元，高於3月份的54％。超過四分之一的受訪者（28％）表示，他們獲得的農田租賃費率爲每英畝1,250美元或以上。能源生產租賃費率的上漲可能開始影響農田價值，至少在某些地區是如此。在表示預計明年價值將上升的生產商中，有8％的受訪者強調能源生產是關鍵原因。
"Looking ahead, energy production activities could provide some support for farmland values and expectations in some regions," said Mintert.
明特說：“展望未來，能源生產活動可以爲某些地區的農田價值和預期提供一些支持。”
About the Purdue University Center for Commercial Agriculture
The Center for Commercial Agriculture was founded in 2011 to provide professional development and educational programs for farmers. Housed within Purdue University's Department of Agricultural Economics, the center's faculty and staff develop and execute research and educational programs that address the different needs of managing in today's business environment.
普渡大學商業農業中心簡介
這個 商業農業中心 成立於 2011 年，旨在爲農民提供專業發展和教育計劃。該中心設在普渡大學農業經濟系內，其教職員工開發和執行研究和教育項目，以滿足當今商業環境中不同的管理需求。
About CME Group
As the world's leading derivatives marketplace, CME Group enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data — empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
關於芝加哥商品交易所集團
作爲全球領先的衍生品市場， 芝加哥商品交易所集團 使客戶能夠交易期貨、期權、現金和場外交易市場，優化投資組合並分析數據，從而使全球市場參與者能夠有效地管理風險和抓住機會。芝加哥商品交易所集團交易所提供涵蓋所有主要資產類別的最廣泛的全球基準產品 利率， 股票指數， 外匯， 能源， 農產品 和 金屬。該公司通過以下方式提供期貨和期貨交易期權 CME Globex 平台，通過BrokerTec進行固定收益交易，在EBS平台上進行外匯交易。此外，它還經營着全球領先的中央交易對手清算提供商之一芝加哥商品交易所清算公司。
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P", "S&P 500", "SPY", "SPX", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones, DJIA and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.
芝加哥商品交易所集團、環球標誌、芝加哥商品交易所、Globex和E-mini是芝加哥商品交易所的商標。CBOT和芝加哥貿易委員會是芝加哥市貿易委員會的商標。紐約商品交易所、紐約商品交易所和ClearPort是紐約商品交易所公司的商標。COMEX是商品交易所的商標。BrokerTec是商標屬於BrokerTec Americas LLC，EBS是EBS集團有限公司的商標。標普500指數是標普道瓊斯指數有限責任公司（“標普道瓊斯指數”）的產品。“標普”、“標普500指數”、“SPY”、“SPX”、美國500指數和500指數是標準普爾金融服務有限責任公司的商標；道瓊斯、道瓊斯工業平均指數和道瓊斯工業平均指數是道瓊斯商標控股有限責任公司的服務和/或商標。這些商標已獲芝加哥商品交易所許可使用。標普500指數的期貨合約不由標普道瓊斯指數贊助、認可、營銷或推廣，標普道瓊斯指數對投資此類產品的可取性不作任何陳述。所有其他商標均爲其各自所有者的財產。
CME-G
CME-G
About Purdue University
Purdue University is a public research institution demonstrating excellence at scale. Ranked among the top 10 public universities and with two colleges in the top four in the United States, Purdue discovers and disseminates knowledge with a quality and at a scale second to none. More than 105,000 students study at Purdue across modalities and locations, including nearly 50,000 in person on the West Lafayette campus. Committed to affordability and accessibility, Purdue's main campus has frozen tuition 13 years in a row. See how Purdue never stops in the persistent pursuit of the next giant leap — including its first comprehensive urban campus in Indianapolis, the new Mitchell E. Daniels, Jr. School of Business, and Purdue Computes — at https://www.purdue.edu/president/strategic-initiatives.
普渡大學簡介
普渡大學是一所公共研究機構，在規模上表現出卓越的表現。普渡大學位列前十名公立大學，有兩所學院進入美國前四名，其發現和傳播知識的質量和規模是首屈一指的。超過10.5萬名學生在普渡大學以各種方式和地點學習，其中包括近5萬名學生親自在西拉斐特校區學習。普渡大學的主校區致力於提供可負擔性和可及性，已連續13年凍結學費。看看普渡大學如何堅持不懈地追求下一次巨大飛躍，包括其位於印第安納波利斯的第一個綜合城市校區，即新建的Mitchell E. Daniels, Jr.商學院和普渡大學計算機學院 — 在 https://www.purdue.edu/president/strategic-initiatives。
Writer: Morgan French, mmfrench@purdue.edu
Source: James Mintert, 765-494-7004, jmintert@purdue.edu
作家： 摩根法蘭西， mmfrench@purdue.edu
來源： 詹姆斯·明特特，765-494-7004， jmintert@purdue.edu
Image Caption: Farmer sentiment declines to lowest level since June 2022 amid weakened financial outlook. (Purdue/CME Group Ag Economy Barometer/James Mintert)
圖片說明：由於財務前景疲軟，農民信心指數降至2022年6月以來的最低水平。（普渡大學/芝加哥商品交易所集團農業經濟晴雨表/詹姆斯·明特特）
SOURCE CME Group
來源 CME 集團
譯文內容由第三人軟體翻譯。