Posted by MarkB_MI on February 25, 2014 at 03:12:02 from (75.198.2.56):
In Reply to: $ per acre posted by Whiskey Bent on February 24, 2014 at 18:41:33:
You use the expression "paid and clear" as if the cost of land is free if you didn't borrow money to buy it. NOT TRUE! If you're paying cash, your cost is what that money could earn in a different investment. Interest rates are low right now, but they could go up in the near future. And high interest rates can hurt property values while increasing the cost of a farm operation. If you already own the land, your cost is what you could get renting it to someone else. Or you could sell that property (farmland prices are a historical high) and invest the cash elsewhere.
Same thing with farm equipment. Just because it's paid for doesn't make it free.
It's very optimistic to think you can make much money raising grain in a small operation. Better to look at specialty crops like vegetables. Of course vegetables are a LOT of work, which is why folks don't like to raise them.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
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.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
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.
