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Would you buy a new one at this price ?

Bruce from Can.

Bruce from Can.

Well-known Member
Location
Woodville, Ontario, Canada
MF 205 combine , brand new in 1968 , $7349. 00 . Even with no cab , I think I would take a chance on it. This ad was in the May 1968 issue of Good Farmming magazine.
So what was the price of barley or corn then ? I was only 7 years old that summer , and no in touch with the markets yet , lol. And how many ton would you have to run through a combine for it to cover its cost? Bruce
a161875.jpg
 
Oats was about $.60 a bushel and I think corn was $1.20 a bushel. I started in 68 and the only shelled corn was if you had the neighbor with a truck mounted sheller come and shell your ear corn picked the fall before.
 
Remember being in the JD dealership in about 1969 and listening to the owner talking about selling new model 95 combines for $9000. I'm sure that was with a 20' grain head as there was very little corn and soybeans around here at that time. But....that was a lot of money in those days and grain prices were low.
 
I had AC dealers selling 190XT tractors with cab (without AC) for $10.000 in 1969. They also sold "G" Gleaners with cab (without AC) for $10,000 that year.
 
The CPI (Consumer Price Index) calculator works out that $7,349 in January of 1968 would be equivalent to $52,698 in April, 2017. www.bls.gov/data/inflation_calculator.htm
 
That's the retail price! For comparison, you'd need to know what the full retail was on the G. Since nobody pays retail, I'd venture to guess you could knock 15-25% off that price.
 
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