U.S. ag expenditures near $400b

U.S. ag expenditures near $400b

U.S. farmers spent $397.6 billion on agricultural production in 2014, up 8.3% from 2013, which represents the largest increase since 2008, according to the U.S. Department of Agriculture's Aug. 4 "Farm Production Expenditures" report.

Feed, already the largest expenditure category, also saw the largest increase. In 2014, producers spent $63.7 billion on animal feed, up 16% from 2013.

The other three major categories that saw

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