Editor's Picks
Tag: farm machinery
Farm Machinery: How Much Does Owning Your Equipment Cost? Nov 9, 2021
A recent article discussed machinery cost and investment benchmarks. As the article illustrated, machinery ownership costs are a major proportion of machinery cost per acre (approximately 41 percent). Because of […]
Farm Machinery Cost Estimates for 2021 Oct 15, 2021
Machinery cost estimates for 2021 have been released and are available on the farmdoc website. Machinery costs are updated every two years, with the last update occurring in 2019. Substantial […]
Farm Business: How Do You Pick the Best Machinery, Tech Investments? – DTN Jul 17, 2021
The key, David Hula said, is consistent emergence. Or at least it’s a key to the world-record corn yields he’s logged on his Virginia farm, topping out at the eye-popping […]
Illinois Grain: Machinery Value Comparison – 2006 v. 2016 Jun 18, 2018
Machinery values in factories began to increase over the years. There are many reason for this increase. We will compare 2006 to 2016 machinery values for different sized factories to […]
Farm Equipment: A Black John Deere? German Factory Tour – DTN Nov 16, 2017
I met Saskatchewan farmers Fred Butuk and Eduard Bomers last Friday at the entry to the John Deere tractor factory in Mannheim, Germany. We were there for a factory tour: […]
Ag Economy Barometer: Glass Half Full or Half Empty? Nov 7, 2017
The latest measure of agricultural producer sentiment improved slightly during October to 135, its third-highest level since data collection began two years ago (Figure 1). Although stronger than a month […]
Farm Machinery Costs and Custom Rates Sep 5, 2017
Numerous farms that are either hiring a custom operator or providing custom rate services to other farms use published custom rate surveys. Though this information is very useful when establishing […]
Illinois: Farm Machinery Values, Then and Now Mar 21, 2017
This article reviews machinery values from a group of Illinois grain farms at two points in time. Total machinery value and machinery value per acre are reviewed from periods that […]
Texas: Catching Up and Staying Ahead of Farm Repairs Dec 21, 2016
Ryan Roberts, a ranch hand at 7P Ranch near Winona, put his cutting torch flame to the cracked and bent pipe-pocket hinge on a gate leading to separating pens. A […]
Farm Taxes: Accelerated Depreciation and Machinery Purchases Dec 2, 2016
It is a common tax management strategy to use accelerated depreciation, which includes bonus depreciation and section 179 depreciation, to reduce taxable income on crop farms. For 2016, up to […]
