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 - Talk of the Town: Best Tractor? - by Staff. This recent discussion on the Tractor Talk discussion board here at the on-line magazine drew quite a bit of response. We see the question of "Which tractor is best for me?" asked quite often. We thought you might find the responses interesting. As always, the names of the people participating in the discussion have been left out - we did not request their permission to reprint their names in this article. However you can find this discussion in it's entirety in the Tractor Talk archives.
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