Bret, I started farming (or back into it) in 1973 with a tractor, plows, disc and wagon. I helped a couple of neighbors in exchange for the equipment I needed until mine built up. Not to say I didn't make some boneheaded decisions, but, one step at a time, my equipment is now all pretty good. Go to sales- especially bankruptcy and estate. When other farmers are busy, like hay season and planting season, hit the auctions hard. There's less competition for the better stuff. Always remember- new paint is cheaper than new iron. There is a lot of almost new machinery around that will be cheap if you wait long enough and hit the right sale. So stock your money, or talk to Farm Credit about a line of credit for machinery as you buy it, so you don't have to pay for it right away. And remember- a decent machine may cost $10 K now, but spread over 10 or 20 years of life becomes a good and cheap tool.
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Today's Featured Article - Seeing an Old Friend - by Joe Evans. Dad had a concrete contracting business starting in 1960. One of his first pieces of equipment was a Ferguson TO-35 with a Davis loader. Dad replaced the TO-35 with a MF 202 Workbull, essentially an industrialized Ferguson 35 I am told. Dad bought the 202 new in 1962, and I recall quite clearly going to the dealer with him to sign for it.
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