It depends on the year and on management. We have 300 acres of irrigation. The last few years, with high crop prices, irrigation was a no-brainer... we installed two new pivots in the spring of 2012, the yield increase that year combined with high prices meant we paid off 75% plus of the new machine in one season.
However, that was a fluke year ( I hope!). If the land can be productive with water, odds are he will recoup his investment... it costs the same to plant 200 bu corn as it does 100 bu corn. With today's low prices, it won't be the same as the last 8-10 years, though.
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Today's Featured Article - A Farmall Story - by Ed Meadors. The year was 1978. Our young family had recently moved to rural Chesapeake, Virginia to a plot of land which would finally allow us to realize our dreams of a huge garden, critters and more lawn and pasture than we would ever use! We needed a TRACTOR; not a riding mower or tractor wannabe, but a real TRACTOR. The answer to our needs materialized in the form of a '44 Farmall A, complete with cultivators, discs, single plow, a 5ft.Woods belly mower and one, mounted spare 9.00x24 rear wheel.
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