| IADAVE - 1/18/2025 13:13
It probably makes a big difference where one is at an how much stuff one has
Mine used to be around .75 an acre.
I bet my farm policy alone is close to $18, then add the trucks, trailers, pickups and cars
Of course I have more stuff than when it was .75.
At that time $30,000 would have bought all my farm machinery.
I would agree about how much stuff for sure. Lot of guys farming a lot of acres not making much money after the first unit of resources. By the time you add up more labor and equipment and insurance and opportunity cost and interest those last 500 or 1000 acres added to the operation might not be very profitable and all it is doing is wearing out equipment and creating stress |
Property insurance cost
