Survey: it’s not a good time to make large on-farm investments

Survey: it’s not a good time to make large on-farm investments

Now is not a good time to make large investments, according to many farmers surveyed in the latest Purdue University/CME Group Ag Economy Barometer.

Jim Mintert is the director of the Purdue Center for Commercial Agriculture.

“People are telling us it’s a bad time to make large investments because you cannot get a good deal,” he says.

The Farm Capital Investment Index dropped back to its record low of 31 in November.

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