Which is better for producers: buying or leasing equipment?

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
Software developers at John Deere Digital are addressing challenges with their new Operations Center, which helps farmers make decisions on the fly.
Agricultural exports continue to be a key contributor to rural employment. However, rural businesses still struggle to fill numerous job openings.
Farm debt is climbing to record levels at ag banks, reflecting pressure on crop producers’ finances even as livestock and land values lend stability to the sector.
Consumer demand for regional food systems is strong, but the challenge lies in scaling production and infrastructure to meet that growing need.
Dave Kestel, a farmer from Will County and member of the Illinois Farm Bureau, joins us to share a boots-on-the-ground update on the 2025 corn harvest.
University of Illinois Ag Economist Gary Schnitker says early projections indicate soybeans will be more profitable than corn in 2026.