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The principal result of farm mechanization was the removal from thefarm of much of human and animal labor and replacing that laborwith machines.
Leverage is typically measured with the debt to asset ratio. On average, leverage on U.S. farms is likely to increase for two reasons. First, relatively low net farm income in the 2015 and 2016 will likely have a dampening impact on farm asset values. Second, the relatively low net farm income will make it more difficult to repay debt in a timely manner.