|
Farmall & IHC Tractors Discussion Board |
Re: Just wondering
[ Expand ] [ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by Andy Martin on June 15, 2005 at 05:17:15 from (64.219.39.195):
In Reply to: Just wondering posted by Sloroll on June 15, 2005 at 04:48:27:
That is really not a good business question. It's a good quarter section family farm question, but these days if the economy "goes to heck", you really want to give the tractor back to the bank until better times. They are the ones that made the mistake in loaning on it prior to a business turndown. Tractors are a depreciable business asset and in most business plans having the equipment paid for and depreciated out is incidental does not make a lot of sense. What is key is net, after taxes, cost per acre to plant and harvest. Tillage is an option. A businessman cannot be romantic about his assets or he will not make sound business decisions. Hence the delimma of selling old favorite cows. I cull my son-in-laws, and he culls mine. When he tells me one needs to go, it is hard to accept sometimes, but we are not running a retirement center. I have to believe that the successful large farmers are paying attention to business and not just buying large green equipment to impress the neighbors, although it really looks that way sometimes. You rarely see corporations nursing along old outdated equipment.
Follow Ups:
Home
| Forums
Today's Featured Article -
Choosin, Mounting and Using a Bush Hog Type Mower - by Francis Robinson. Looking around at my new neighbors, most of whom are city raised and have recently acquired their first mini-farms of five to fifteen acres and also from reading questions ask at various discussion sites on the web it is frighteningly apparent that a great many guys (and a few gals) are learning by trial and error and mostly error how to use a very dangerous piece of farm equipment. It is also very apparent that these folks are getting a lot of very poor and often very dangerous advice fro
... [Read Article]
Latest Ad:
1997 cub cadet 7275 compact utility tractor 4wd hydro trans cracked block 3500
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|
