Tag: machinery purchases
Strong Commodity Prices and Improved Financial Conditions – Ag Barometer Apr 6, 2021
The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October. This month’s 12-point rise in the barometer was […]
Farmers Less Optimistic About Future – Ag Barometer Aug 4, 2020
Farmer sentiment in July was virtually unchanged from a month earlier as the Purdue University-CME Group Ag Economy Barometer rose just one point to a reading of 118. The small change in […]
Farm Taxes: Accelerated Depreciation and Machinery Purchases Dec 2, 2016
It is a common tax management strategy to use accelerated depreciation, which includes bonus depreciation and section 179 depreciation, to reduce taxable income on crop farms. For 2016, up to […]
Farm Machinery: Buying Used Not Always Most Economical Choice Apr 7, 2015
Prices for used farm machinery have been trending lower in the past year due to a surplus of inventory at dealerships, but buying used may not always be the best […]