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.
印第安纳州西拉斐特，2024年5月7日 /PRNewswire/ — 据报道，4月份美国农民信心急剧下降 普渡大学/芝加哥商品交易所集团农业经济晴雨表，该指数从3月份下降了15点至99点。晴雨表的两个子指数也都出现了下跌：当前状况指数下跌18点至83点，而未来预期指数下跌14点至106点。4月是自2022年6月以来最低的农民信心指数，也是自2020年5月以来最弱的当前状况评级。市场情绪下降是由对农场当前财务状况的担忧以及来年预期的财务挑战所推动的。4月份的农业经济晴雨表调查于2024年4月8日至12日进行。
"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月份农场财务绩效指数跌至76点，较上个月下降7点，较去年秋天的峰值97下降21点。这种低迷反映出农民对来年的财务前景越来越担忧，预计业绩好于或相等的受访者减少了。
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月份的调查中，农民对利率和农田价值的预期发生了变化。只有24％的受访者预计明年利率将上升，低于3月份的32％。尽管利率前景略有改善，但本月也减少了表示他们预计明年农田价值将上涨的农民，而越来越多的农民表示他们希望农田价值保持稳定。在4月份的调查中，只有29％的生产者表示他们预计来年农田价值将上升，而3月份的这一比例为38％。这些变化反映了农民对2024年农场财务表现的担忧，超过了他们改善的利率前景。
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.
人们对使用农田生产太阳能的兴趣与日俱增，太阳能租赁费率似乎在提高。本月的调查显示，报告与公司讨论太阳能租赁的受访者增加了7个百分点，达到19％，而3月份为12％。具体而言，围绕太阳能租赁的讨论表明，对太阳能租赁的需求正在增加，有58％的农民报告说，租赁费率超过每英亩1,000美元，高于3月份的54％。超过四分之一的受访者（28％）表示，他们获得的农田租赁费率为每英亩1,250美元或以上。能源生产租赁费率的上涨可能开始影响农田价值，至少在某些地区是如此。在表示预计明年价值将上升的生产商中，有8％的受访者强调能源生产是关键原因。
"Looking ahead, energy production activities could provide some support for farmland values and expectations in some regions," said Mintert.
明特说：“展望未来，能源生产活动可以为某些地区的农田价值和预期提供一些支持。”
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.
普渡大学商业农业中心简介
这个 商业农业中心 成立于 2011 年，旨在为农民提供专业发展和教育计划。该中心设在普渡大学农业经济系内，其教职员工开发和执行研究和教育项目，以满足当今商业环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.
关于芝加哥商品交易所集团
作为全球领先的衍生品市场， 芝加哥商品交易所集团 使客户能够交易期货、期权、现金和场外交易市场，优化投资组合并分析数据，从而使全球市场参与者能够有效地管理风险和抓住机会。芝加哥商品交易所集团交易所提供涵盖所有主要资产类别的最广泛的全球基准产品 利率， 股票指数， 外汇， 能源， 农产品 和 金属。该公司通过以下方式提供期货和期货交易期权 CME Globex 平台，通过BrokerTec进行固定收益交易，在EBS平台上进行外汇交易。此外，它还经营着全球领先的中央交易对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团、环球标志、芝加哥商品交易所、Globex和E-mini是芝加哥商品交易所的商标。CBOT和芝加哥贸易委员会是芝加哥市贸易委员会的商标。纽约商品交易所、纽约商品交易所和ClearPort是纽约商品交易所公司的商标。COMEX是商品交易所的商标。BrokerTec是商标属于BrokerTec Americas LLC，EBS是EBS集团有限公司的商标。标普500指数是标普道琼斯指数有限责任公司（“标普道琼斯指数”）的产品。“标普”、“标普500指数”、“SPY”、“SPX”、美国500指数和500指数是标准普尔金融服务有限责任公司的商标；道琼斯、道琼斯工业平均指数和道琼斯工业平均指数是道琼斯商标控股有限责任公司的服务和/或商标。这些商标已获芝加哥商品交易所许可使用。标普500指数的期货合约不由标普道琼斯指数赞助、认可、营销或推广，标普道琼斯指数对投资此类产品的可取性不作任何陈述。所有其他商标均为其各自所有者的财产。
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.
普渡大学简介
普渡大学是一所公共研究机构，在规模上表现出卓越的表现。普渡大学位列前十名公立大学，有两所学院进入美国前四名，其发现和传播知识的质量和规模是首屈一指的。超过10.5万名学生在普渡大学以各种方式和地点学习，其中包括近5万名学生亲自在西拉斐特校区学习。普渡大学的主校区致力于提供可负担性和可及性，已连续13年冻结学费。看看普渡大学如何坚持不懈地追求下一次巨大飞跃，包括其位于印第安纳波利斯的第一个综合城市校区，即新建的Mitchell E. Daniels, Jr.商学院和普渡大学计算机学院 — 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： 摩根法兰西， mmfrench@purdue.edu
来源： 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)
图片说明：由于财务前景疲软，农民信心指数降至2022年6月以来的最低水平。（普渡大学/芝加哥商品交易所集团农业经济晴雨表/詹姆斯·明特特）
SOURCE CME Group
来源 CME 集团
译文内容由第三方软件翻译。