Actually going by your time line one could pick up a fairly late model tractor pretty cheap at that time.
During the 70's lending companies were encouraging farmers to borrow money for land and newer equipment, many did.
Then in the early 80's the ag economic crisis hit, interest rates shot up, land prices dropped, grain and livestock prices tanked.
Lots of farms were foreclosed on with land and equipment sold off at auctions, anyone with a few dollars could buy land and equipment cheap.
For a 80 acre farm a tractor in the 50-60-70 hp range would be a good choice, for a one tractor does all I'd go with the 60-70 hp range to pull a 3 or 4 bottom plow.
Off brand tractors weren't real popular during that time so stick with one of the major brands available at the time.
Allis-Chalmers 175-180-185
Case 830-870-930-970-995
Ford 5000-5600-6600-7000-7600
IH 574,674,666,766,756
John Deere 2520-2530-2630-3020-3030
Massey 175-180-185
Oliver 1550-1555-1650-1655-1750-1755
All capable tractor and many still going today.
I have a number of 60's-70's tractors that I farm with everyday.
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