Three-fourths of farmers surveyed in the latest Purdue University/CME Group Ag Economy Barometer say it’s a bad time to make large investments in their operations.
Jim Mintert is the survey’s principal investigator and director of Purdue’s Center for Commercial Agriculture.
“The Farm Capital Investment Index is picking up the idea that it’s not a good time to make investments because producers can’t get a good deal,” he says. “…When you follow up and ask them why is it not a good time?
Producers surveyed say it’s not a good time to make large investments on their farms
