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Tag: equipment costs
USDA Report Shows How Farm Labor And Land Costs Have Been Replaced By Purchased Equipment, Inputs Feb 15, 2023
U.S. farm output-the total amount of livestock, crops, and other farm-related outputs produced in a year-tripled in the seven decades from 1948 to 2019. At the same time, the total […]
Used Ag Equipment Prices Continue Surge – DTN Dec 8, 2021
Tractors depreciate. Or, tractors did depreciate, reliably, at 10% a year for row-crop tractors. It’s not a constant, as blips in the market, usually spurred by strong on-farm income, can […]
Ag Economy: “Revival” in the Farm Belt, But Things Can Turn Quickly Oct 1, 2021
Wall Street Journal writers Jesse Newman and Bob Tita reported in Monday’s paper that, “A revival in the U.S. Farm Belt is in full swing, boosting markets for land and equipment and raising […]
Illinois Grain Farms: The Impact of Power and Equipment Costs Mar 22, 2021
With tightening margins and greater amounts of uncertainty, producers are looking for ways to cut costs. In this article, we will look at power and equipment costs components, how they […]
