It is highly likely that a good portion of this money will make its way towards reinvestments in new farm machinery that can enjoy accelerated capital depreciation under the tax code if purchased before the end of this year.
The 50% bonus depreciation provision was put in the tax code as a business gimme in the 2007 stimulus package, effective Jan. 1, 2008 through Dec. 31, 2012 (a repeat of a temporary break Congress used back in 2002).