Agrifood Economy Index, Volume 9
March 2025
The Agrifood Economy Index Q1 2025 (March) by Purdue DIAL Ventures captures a downturn in industry sentiment, with the overall index plummeting to 82—the lowest recorded since the index's inception. This eighth quarterly survey of 220 industry executives reveals a sector under mounting pressure, as both current conditions and future expectations converged at historic lows, driven by inflation, elevated interest rates, labor constraints, and policy uncertainty. The report documents sharp declines across key segments, with Agricultural Product Processing and Handling experiencing a dramatic 29-point drop and Support Services posting its steepest decline after months of stability. Including a thematic research on macroeconomic impacts, the survey finds that 45% of companies are delaying major investments due to market volatility, 49% face moderate inflationary cost increases, and increased input costs from tariffs rank as the top concern, painting a picture of an industry navigating extraordinary headwinds while adopting increasingly cautious strategic postures.