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.
