Columbia Basin, Ephrata, WA | IALTO - 9/7/2014 20:32
That is a fact but how is it relevant to the question. He simply stated you could buy a line of equipment for $156/acre to farm 1000 acres and I agree with him.
I agree with that too.
Someone has to buy new is relevant to the question because the cost of new equipment is the reason the $156 figure is what it is. That's Iowa average. There are guys in Iowa that run new stuff, and ones that run old stuff, and every combination in between. If everyone operated the same way, everyone would have a mix of older and newer equipment. Good used equipment would not be available if everyone ran everything until it was no longer exonomic to fix it. Guys like Kooiker and coup would find themselves with higher equipment costs, whether they liked it or not. They comment on here as if everyone is a bunch of fools for not doing it their way, which indeed may be the cheapest way. But if everyone took to their methods, it would not work. Someone has to be willing to buy new, and the Iowa average cost will reflect that. |