equipment as an investment

[farmaholic]

Yes Sir. What ever floats their boat. Probably die wealthy people....kids will spend it.

I wouldn't be investing a pile in machinery at that age either.

Maybe they don't want to fall into the technology trap.

At least they can't be accused of working for the machinery companies!

[hobbyfrmr]

Agreed on all points. There are some farmers that age who chose to fix everything they could themselves. In contrast I have another 80 year old neighbor on very good quality land who has brand new everything. His hired man (78) calibrates The drill and sprayer. Dealership warranty covers the complicated repairs. He says once the hired man quits he will have to shut down!

[LEP]

I have gradually updated my equipment. Since 2008 if I don't have the cash I don't buy it.

I have been fortunate to have very few big depreciation events. My combines are bought and then sold at auction. Keep the costs around $7 to $9 per acre per year plus parts of $1 to $2. This is probably my biggest equipment expense on my farm.

Was told once I was born a hutterite and raised by jews.

[pourfarmer]

Hobby farmer, what kind of tillage tool are you using?

[hobbyfrmr]

Its a pretty basic set of shrapnel. Bourgault 8800 cultivator, Leon Rodweeder. Flexi Coil harrow packers, Bourgault tine harrows, rite way heavy harrows. I just traded a kello bilt disk that I purchased new in 2009 for a Lemken Rubin.
That Kello disk was a real monster in any conditions, I never put a wrench on that disk in all the time I owned it. i am hoping for similar success with 2 passes of the Lemkin. I have been watching the Lemkens for about 4 years and finally I found one that I could afford. I dont like the idea that I am leaving oil bath bearings for non oil bath.

[pourfarmer]

Good set of equipment, I bet you will like the Lemken. How wide is it? I heard they pull hard.

[hobbyfrmr]

I pulled the 24 foot disk with a 320 hp tractor, bought a 26 foot Lemken and then hired a mechanic to rebuilt and turn up the tractor to 400 hp. All those tillage tools pull heavy because your suppose to pull them at 10-12 mph so I plan to pull it around 6-7 mph.