1992 and low HP Fords? Would have just come through the tough 1980's where lenders avoided farmers on a regular basis unless you were a premium operation.
Oliver 565 3 X 16 plow.
IH 45 vibra shank 12".
IH 37 disk 12'.
Brillion 12' packer.
JD 7000 4 row planter.
JD 8200 16 X 7 grain drill.
NH 489 haybine.
JD 337 baler with 40 ejector.
Kuhn tedder.
NH 782 forage harvester w/ 1 row head and hay head.
JD 716A forage wagon.
Badger 950 forage wagon.
IH 56 blower.
JD 450 spreader.
40 cow dairy in 1992 could make it with very low debt, highly productive soils, and highly productive cows. I just had this conversation with a younger neighbor. I explained while in 1980 15 tons of corn silage along with 5 tons dry hay might be a good yield for our neighborhood there were farms that had a much higher yield of crop output per acre due to soil differences. That gives other farms an advantage in terms of income to make improvements or expand. The co-ops basically priced to keep the most productive farms going. Note that the equipment I listed was on average 10 years of age which would be right for such a farm in 1992. Plenty of auctions then to find good low use equipment.
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