U.S. farmers spent $362.8 billion on agricultural production in 2015, down 8.8% from 2014, reversing a long-term trend of growing costs, according to the “Farm Production Expenditures" report, published by the U.S. Department of Agriculture’s National Agricultural Statistics Service.
Feed and farm services, the two largest expenditure categories for U.S. farmers in 2014, both declined 8.2% last year. Producers spent $58.5 billion on animal feed and $41.6 billion on farm services in
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