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Managing Farm Machinery Investments in a Tight Farm Economy
Farm machinery is often a substantial investment and expense for operations. After several years of deferring machinery investments, it is time for many producers to start replacing capital assets - combines, tractors, balers, etc. - even though challenging economic conditions remain. During this episode, we will provide data to help benchmark your farm’s machinery investment, discuss strategies for making equipment investments, and review how financing decisions might impact your farm’s financial position.

Oct 24, 2019 12:30 PM in Central Time (US and Canada)

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Speakers

Dr. Brent Gloy
Agricultural Economist @Agricultural Economic Insights
Dr. Brent Gloy is an agricultural economist specializing in agricultural finance and agribusiness management. Brent has held tenured faculty positions at Cornell and Purdue University. Additionally, he founded and served as the first Director of Purdue’s Center for Commercial Agriculture. Brent currently farms with his family and, in 2014, co-founded Agricultural Economic Insights with David Widmar.
David Widmar
Agricultural Economist @Agricultural Economic Insights
David Widmar is an agricultural economist focused on the key agricultural trends while providing audiences with data-driven insights. He grew up on a corn, soybean, wheat and cow-calf operation in Eastern Kansas, and remains involved today. Furthermore, David spent most of his career at Purdue University. In 2014, David co-founded Agricultural Economic Insights with Dr. Brent Gloy.