Nearly three-fourths of respondents said they view this as a bad time to make large investments in their farm operation while just 16% of producers this month said it’s a good time to make investments.
The March update to the Ag Economy Barometer from Purdue University and CME Group saw the farm capital investment index rise 1 point in February to a reading of 43.
According to the Jan. 3 update to the Purdue University Ag Economy Barometer, the barometer's reading rose to 126 in December, up from 102 in the month prior.
According to the latest Ag Economy Barometer from Purdue University, 40% of growers who said now is a bad time to make large investments were most worried about the rising prices of farm machinery and new construction.
According to the latest update to the Ag Economy Barometer from Purdue/CME Group, the Farm Capital Investment Index hit another record low reading in September at 31.
According to the Aug. 2 update to the Ag Economy Barometer from Purdue University, 44% of farmers said increases in prices for farm machinery and new construction was their primary reason to consider it a bad time to make large investments in their farm operations.
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In this episode of On the Record, we take a look at the most recent push for right to repair, this time at the federal level. In the Technology Corner, Mackane Vogel shows us some new tech he recently encountered from Solinftec.