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Western Iowa | This could have gone in either machinery forum or crop talk so sorry in advance.
I have been thinking about a center pivot on one of our lighter soil farms lately. I figure I could get about 40 to 50 bu/a more corn with the help of a pivot. Here's the problem....even with that yield bump from water, it still doesn't pencil out. I don't want to force the investment to look good but what am I missing here. I took in all the factors I could think of also I used a spreadsheet from zimmatic.
http://www.zimmatic.com/downloads/Irrigation%20AnalysisWorksheet_00...
What am I missing? On an average year the pivot costs $40/a more than not having it. On a drought year I will be a wash. Is it just an insurance option or is there more to it? Should I just take the $75000 and invest in more land?
Thanks in advance.
Ken
Edited by iafarmerken 10/31/2009 14:22
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Irrigation investment....yes or no
