Farm Capital Expenditures Fall Significantly

One of the first adjustments a farmer or rancher makes in light of tight financial conditions is holding off on farm capital expenditures. By running their equipment longer or using their building for a few more seasons, farmers can often defer capital investment in tough times. Because of this, capital expenditures are an important financial metric to track and observe. This week we are taking a look at the USDA’s latest estimates for farm capital expenditures. (more…)