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If money did not matter....?

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cat236

11-13-2007 22:57:47

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I would like to pose a question based on a situation I am in the middle of. To the best of my recollection Allan in Neb. is mainly a hayer,but do to his many posts and his recent project of his "old" Gleaner. I wanted to see what the rest of you would do,if money were no object? My family farms a couple hundred acres in Iowa,mainly for the production of row crops,dedicated to the seed side of the industry.On the farm are many tractors, my uncle being what I believed a "practical" man, ran the equipment that met his needs, and he could afford.He has scarcely added any equipment in the past twenty five years short of a "new,used Case combine" in 2005.There are many Case and Farmalls doing idle jobs,mixers,brushhog work,running elevators and such. The main field tractors are a 82 Case 2090, and a 81 IH 1086. Of the two the 1086 is used the most. Just a few weeks ago My uncle purchases a Ford 8770 FWA to help with field chores,yet my cousin says it will only be used limitedly. He intends to used the 1086 for most of the field prep. I cannot see making such an investment, other then tax gain and not use it. But, it poses an interesting question, if not for the investment of the machinery "only", would someone like Allan get more modern equipment such as a JD4890 windrower with a 20' cutting platform. This cuts and windrows with one machine.Wouldnt a machine like this make Allan more profitable,with less fuel use,field time and better overall hay quality?Please understand "I am not" being brand specific nor am I questioning how Allan runs his operation, I am simply asking if you could have a machine that made your operation more profitable, barring equip. investment would you get it? I love old machines fellas, I truly do, so please no bashing... I have some old ones of my own.

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Matt in TN

11-15-2007 06:34:37

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

I bet "luckyducky" wished he could be as "out of bounds and not practical" as you!

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BarryfromIA

11-14-2007 19:17:27

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Re: If money did not matter....? in reply to 1206SWMO, 11-13-2007 22:57:47

Just about the only reason for restoring and operating and old combine or threshing machine is that its not easy. Almost anybody can restore a car or old tractor or write a check and its done. But a combine takes some know how.

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luckyducky

11-14-2007 17:25:42

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

Allan is reliving his failed start in farming and now proving to himself and his bad banker that it can be done the way he started..although this time he has extra income from other sources and showing himself and everyone else that it will work. He does enjoy what he is doing, but hauling in a junk combine and redoing it is out of bounds and not practical.

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Allan In NE

11-15-2007 04:13:53

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Re: If money did not matter....? in reply to luckyducky, 11-14-2007 17:25:42

Good assessment and yes, you're right smack on the mark. I, just for the fun of it, want to make this old combine absolutely and totally new again like it once was. Yep, I'm doing it out of vengeance just to make myself feel good.

However, wanna know the really sad part?

Point is, I can buy the same exact combine TWO times, totally rebuild it from stem to stern and after the party is over and the bills are all tallied, will still be precisely $200K UNDER the price of a new machine.

Further, there is not a doubt in my mind that when it is completed, it will do as good a job as, if not even better, than that brand new (over a) quarter of a million dollar machine.

There are many things in this world that are "out of bounds and not practical". :>)

Allan

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CWL

11-15-2007 11:04:45

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Re: If money did not matter....? in reply to Allan In NE, 11-15-2007 04:13:53

Hey Allen. I'm a little late chiming in on this one so if you don't see it no big deal :-). I will say that those old gleaners are like the sherman tank of combines and will run a long time with proper care,..... .but the new ones sure are nice. They can cut a lot more acreage per hour and loose less grain. They have bin monitors to help save you that sickening sound of grain raining down on the top of the cab late in the day as I'm sure you've heard before. Seems like no mater how carefull you are sooner or later the bin gets overfull. I also like a feature that I saw on a combine that belonged to a friend of mine. It had a reversable feeder housing. When he started to slug it, he stepped on a pedal and puked the whole mess back into the header. If someone is farming a large operation and is planning for many years ahead I can see where a newer bigger machine would make sense. It all comes down to money and time in the end. Seems like sometimes you have to spend more money to make time. I think that you will have a great time rebuilding that F2 and for your operation it will be a good machine.

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rrlund

11-14-2007 06:28:18

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

I'm doing it. I milked cows for 33 years,bought new and near new tractors. Constant sleepless nights and exhausting days. I sold the dairy cattle 4 years ago next Friday. Bought a herd of Angus,built fences to pasture them. I farm with my old Olivers and have a good time keeping them running. Only way I'd ever change things would be to buy a small cow/calf setup in the Ozarks or Appalachians and live like the hillbilly that I really am.

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Clint Youse MO

11-14-2007 05:29:56

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

If money did not matter we would all run nice new equipment myself I farm for a living and buy what gets me by with minimal repairs and expenses compared to work done it is a balancing act as to what is better new or used you could put lots of dollars in repairs in an old worn out piece of equipment and still not have much or put that money towards a new one that is not paid for right away so lots to ponder about

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smigelski

11-14-2007 04:54:16

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

If money didn't matter I would have a small tractor and just keep diving around the field for fun. with that being said I have fell into an evil problem. I keep gaining more lease land. As I do I buy bigger equipment to cut down on the time in the fields. Now the problem I work twice as much and twice as hard and bring home half of the money because the rest is going to equipment payments. Trying to get to big to quick hurt me. A lesson I have learned quick and hard. 2 more years and I will own my equipment, not make payments to someone else.

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sd pete

11-14-2007 04:53:34

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

Well the john deere swather is a high priced piece of junk. This area is mostly alfalfa and all cutters around here are either New Holland or hesston or a clone.

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Tradititonal Farmer

11-14-2007 04:31:21

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

If money didn't matter most folks wouldn't farm full time.That said the newer tractors with all the electronics and gadgets don't really interest me.tractors in a sense really haven't 'improved' since the 60's once LPTO,
Live hydraulics, multi-gears and power steering became available.Plus I enjoy working on tractors and equipment and being able to make a junker productive again.

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JBMac

11-14-2007 03:36:26

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

Here in North Florida, hay went through the roof last year. This year, everybody is in the hay business with new JD cab tractors and shiny new balers. I expect when the market changes, as it undoubtedly will, there will be a lot of folks getting tractors and equip repoe'd. That's why my newest piece of hay equip is 25 years old with tractors older than that. They are paid off and maintained well. I guess if money were no object I'd buy some new stuff (I do get occasionally tired of fixing things when I really need them). Although, I've really enjoyed rehabbing the stuff I got. I'd probably by more land. At 10-15k per acre, I've got to compete with the "northerners" who are tired of South Florida and want to bring that lifestyle here.

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IaGary

11-14-2007 03:19:44

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

Not real sure what your getting at here.

I farm for a living full time.

The only time I trade or buy equipment is to make my operation more money.

Whether it is in time savings or to get higher yields.

I am looking to buy a different corn planter right now.

Don't know if I can afford a new one that will last the rest of my farming days or by a cheaper used one that may cause me down time with breahdowns and poorer seed placment.

Takes a lot of pondering to make what I hope will be the right decision.Also wieghing into the decision is being able to find used with all the options I want on a planter.

But if money did not matter I would buy a new planter and a new tractor to pull it.

Gary

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Dave from MN

11-14-2007 04:50:28

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Re: If money did not matter....? in reply to IaGary, 11-14-2007 03:19:44

Say Gary, I forgot, how many acres do you run about again? Also how many steers do you push through the farm a year? Not being nosey, just curious as you farm for a living. I know you posted one other time how many you raise but I couldnt find it. Some freinds( who are cuaght in the credit--overspent--issue) give me crap for dropping $22,000 for a skid loader, but after tearing my lower back apart last week I am pretty darn glad I ordered it when I did.

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135 Fan

11-14-2007 14:00:58

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Re: If money did not matter....? in reply to Dave from MN, 11-14-2007 04:50:28

Your skid steer will pay for itself many times over. You'll wonder how you got along without it. Dave

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IaGary

11-14-2007 06:12:34

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Re: If money did not matter....? in reply to Dave from MN, 11-14-2007 04:50:28

I have a 60 head cow calf operation. I do not finish the calves. The land I operate changes yearly. But with corn, beans and custom planting and harvesting on corn and beans, I am around 1000 acres.

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ILikeCase

11-14-2007 01:09:55

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Re: If money did not matter....? in reply to cat236, 11-13-2007 22:57:47

IF money were no object, I would quit my job and live on the road going to antique power shows, sprint car races and airshows.

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