I know it's not cool to be the guy with all the old equipment but I'm all for owning old equipment and lets spend our money on soil tests, nutrients and good seed. If a guy is making money hand over fist then tell him to buy some land.
A guy can own 5 old combines and 5 scrapped ones for parts cheaper than he can own one new one. If one breaks down just jump off and get on another one. Perhaps a high houred machine has more breakdowns and is of lower capacity but who cares if you have a pile of them. Farmers are no different towards new equipment than teenagers are with new cars. Its a fun thing and a pride thing to show your "prosperity" to the neighbors. It will almost always be cheaper to drive what you have rather than trade.
A guy can also own a couple or three 4760 or 4960 Deere tractors cheaper than he can own a new 8000R tractor of similar capabilities. The new equipment has a guy tied to a dealership. Other than an electronic gauge cluster the old ones will not be obsolete for many years to come.
I just don't see new equipment ever paying off. Corn doesn't care if it was planted with a $250,000 planter or a $30,000 planter.
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Today's Featured Article - Restoration Story: 1929 McCormick-Deering 10-20 - by Randal Simmon. On July 4th 1998 my dad and I was sitting on the front porch when he said that he was going to sell his two 10-20's to a junk man. He said that the junk man was going to give him $500 for both of them but he hadn't received the money for them yet. So I went into the house and wrote him a check for $500 and bought them myself and said now they are mine. He had bought them about five years before thinking that he was going to restore them himself. After five years sitting in the barn, he changed h
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