Source: NATIONAL ASSOC. OF STATE DEPTS. OF AGRICULTURE, 9/7/16

U.S. farmers spent $362.8 billion on agricultural production in 2015, down 8.8 percent from 2014, reversing a long-term trend of growing costs, according to the Farm Production Expenditures report, recently published by the USDA’s National Agricultural Statistics Service (NASS). Feed and farm services, the two largest expenditure categories for U.S. farmers in 2014, both declined 8.2 percent last year.
 

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