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Farmers predict cash rental rates to remain the same in 2025

Farmers who participated in the latest Purdue University/CME Group Ag Economy Barometer aren’t expecting any big changes to cash rents in 2025. 

Jim Mintert with Purdue’s Center for Commercial Agriculture tells Brownfield, “72% said they expect to see cash flow rates stay the same in 2025 compared to 2024. It was split pretty evenly between those who expect to see rates go down and those who actually expect to see rates increase.”

But, he says that could change depending on how crops perform this year. 

“It’ll be interesting to see if that starts to shift, as maybe there’s a little more recognition of how how weak returns for crop producers, especially in corn and soybean country, are likely to be here in 2024 and whether or not we see any downward pressure on cash run rate,” he says.

The Purdue University/CME Group Ag Economy Barometer is a nationwide measure of the health of the U.S. agricultural economy and surveys 400 agricultural producers on economic sentiment each month.