The following information is a Web Extra from the pages of Farm Journal. It corresponds with the article “Machinery by the Numbers” by Rhonda Brooks. You can find the article on in the Mid-November 2010 issue.
Some machinery worksheets also are available from Purdue, see http://www.agecon.purdue.edu/extension/pubs/index.asp
A recent update of the Kansas Farm Management Association study, looking at the last three years (2007-2009), reinforced the earlier results. It is available at http://www.agmanager.info/farmmgt/income/papers
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Mike Allyn, a farmer from Mount Vernon, Ind., provides the three things to think about before buying machinery.
