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| My kids are too young to know if they want to farm. The statistically most likely one won’t know for probably something like 14 years.
Labor during harvest is just a variable to manage. I’m not afraid of hiring people.
I would like to be more timely. That is the entire reason for considering this. Just not sure the juice is worth the squeeze after stepping back and looking at the potential ROI picture.
Let’s say I increase my production by 4% by not harvesting some grain at 13% and by not having as much butt shelling and not being exposed to as may wind events and so on. Heck, let’s make it 6% on average over 30 years.
That is maybe $168K a year. If you invest $168K a year at 6% ROI, and you keep adding $168K a year, that pays you over $14M in 30 years.
If I was sure I would gain 6% production annually over 30 years on average because of this, that would make this decision much easier.
I would say this year maybe 10 or 15% of my crop was harvested below 13.5%. I would say 60% was harvested above 15%. | |
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New bin setup ROI
