WASHINGTON — When times are tough in agriculture, efforts to lower costs and improve cash flow often necessitate a cut, or delay, in capital expenditures. As expected, farm capital expenditures peaked in 2014, before rapidly contracted as net farm income and commodity prices turned sharply lower. Recently released data reveals farm capital expenditures reversed course in 2017 and recently turned higher.
Farm capital expenditures turn higher
Farm capital expenditures turned higher 2017
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