Farmers have expressed concerns about making large investments in 2024, according to the latest Purdue University/CME Group Ag Economy Barometer.
Ag economist Jim Mintert with Purdue’s Center for Commercial Agriculture says farmers are most concerned about high interest rates and machinery costs.
“The Farm Capital Investment Index, which is based on a question that says is now a good time or a bad time to make large investments in your farming operation,” he says.
