I know it's not cool to be the guy with all the old equipment but I'm all for owning old equipment and lets spend our money on soil tests, nutrients and good seed. If a guy is making money hand over fist then tell him to buy some land.
A guy can own 5 old combines and 5 scrapped ones for parts cheaper than he can own one new one. If one breaks down just jump off and get on another one. Perhaps a high houred machine has more breakdowns and is of lower capacity but who cares if you have a pile of them. Farmers are no different towards new equipment than teenagers are with new cars. Its a fun thing and a pride thing to show your "prosperity" to the neighbors. It will almost always be cheaper to drive what you have rather than trade.
A guy can also own a couple or three 4760 or 4960 Deere tractors cheaper than he can own a new 8000R tractor of similar capabilities. The new equipment has a guy tied to a dealership. Other than an electronic gauge cluster the old ones will not be obsolete for many years to come.
I just don't see new equipment ever paying off. Corn doesn't care if it was planted with a $250,000 planter or a $30,000 planter.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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