I'm far from an expert but I figure they justify a new tractor just as some people justify a new car. I also thinl they look at it as a cost per acre expense. I don't buy much new equipment but I justify my upgrades by the expected reduction in downtime and repairs. Since I'm into cattle, I break the expense down by a cost per cow basis. When a piece of equipment gets to costing too much per cow I evaluate whether or not an upgrade might be less expense.
As far as the crop farmers go, another thing to consider is if they go bigger can they cover more ground and maybe less hired help. There are a lot of pieces to the puzzle and each operation is a little different. And, of course, there is the keeping up with the Jones justification.
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Today's Featured Article - Field Modifications (Sins of the Farmer) - by Staff. Picture a new Chevrolet driving down the street without it's grill, right fender and trunk lid. Imagine a crude hole made in the hood to accommodate a new taller air cleaner, the fender wells cut away to make way for larger tires, and half of a sliding glass door used to replace the windshield. Top that off with an old set of '36 Ford headlight shells bolted to the hood. Pretty unlikely for a car... but for a tractor, this is pretty normal. It seems that more often than not they a
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