Determining whether to buy or lease farm equipment is a big decision for many producers.
There are some tax and non-tax factors that producers should consider before making that decision.
Roger McEowen with the Washburn School of Law spoke with RFD-TV’s own Suzanne Alexander about the benefits of leasing, tax planning considerations, and advice for producers.
Related Stories
The report shows that, despite production challenges, dairy farmers are producing more milk with fewer resources per gallon across the industry.
Smaller U.S. production and steady global demand could provide better pricing opportunities in 2026.
Higher yields are cushioning lower acreage, but reduced production could support firmer potato prices into 2026.
Producers across the country balanced winter weather disruptions, shifting export demand, and tightening margins as year-end decisions come into focus.
Reviewing risk management now can help dairy and livestock producers enter 2026 with clearer margins and fewer surprises.
Canada’s new voluntary Grocery Sector Code of Conduct will take effect on Jan. 1, a goodwill effort to promote fairness and transparency between retailers and support farms that sell directly to stores.