Farm equipment purchases slump, land prices weak-Bankers

Agricultural bankers in 10 states in the Midwest and Plains expect a 15-percent decline in farm equipment sales this year, says a survey by Creighton University, in Omaha. “Farmers have become very cautious regarding equipment buying, even though their purchases of seeds and other inputs have remained solid,” said economics professor Ernie Goss, who questions bankers… » Read More

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