Hmmm…

“Just over 7 out of 10 survey respondents said they think now is a bad time to make large investments in their farm operation. Among respondents who felt now is a bad time, 39% said high prices for machinery and new construction, 25% said rising interest rates, and 12% said uncertainty about farm profitability was the primary reason.” Ag Economy Barometer, Purdue University/CME Group, February 7, 2023.