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Farm Machinery Costs and Custom Rates

  • September 1, 2017
  • Michael Langemeier

Numerous farms that are either hiring a custom operator or providing custom rate services to other farms use published custom rate surveys. Though this information is very useful when establishing…
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Weekly Farm Economics

Machinery Cost Estimates for 2017

  • June 27, 2017
  • Gary Schnitkey and Dale Lattz

Machinery cost estimates for various field operations and machines have been updated for 2017. The last time machinery costs were released on farmdoc was in 2015. Between 2015 and 2017,…
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Then and Now – Machinery Values

  • March 17, 2017
  • Bradley Zwilling, Dwight Raab and Brandy Krapf

This article reviews machinery values from a group of Illinois grain farms at two points in time. Total machinery value and machinery value per acre are reviewed from periods that…
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Machinery Capital Invested on the Farm

  • November 20, 2015
  • Bradley Zwilling, Brandy Krapf, and Dwight Raab

The value of machinery on farms changes considerably over time. Data from a group of grain farm operators who are members of the Illinois FBFM Association details this aggregated data…
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What’s and When’s of Capital Purchases

  • February 20, 2015
  • Bradley L. Zwilling, Brandy M. Krapf, and Dwight D. Raab

Over the last ten years, we have seen higher crop prices, higher costs, and greater expense election limits. What has this done to capital purchases? To determine this, we looked…
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Weekly Farm Economics

Capital Purchases and Lower Net Incomes

  • December 2, 2014
  • Gary Schnitkey

During recent years, capital purchases on grain farms have more than tripled on a per acre basis. Capital purchases will need to decrease given the lower net incomes projected over…
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Farm Capital Investments

  • January 20, 2012
  • Dwight D. Raab

Increased farm earnings in the recent past have led to an increased level of capital purchases. No doubt the increase in the IRS Code Section 179 Expense Election to it's…
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Corn Planting Speed Revisited

  • June 3, 2011
  • Scott Irwin and Darrel Good

In a previous post, we examined the question of whether corn planting in recent years has occurred at a faster pace than in previous decades. That analysis consisted of examining…
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Capital Purchases Over the Years

  • April 7, 2011
  • Dwight Raab

Capital purchases have been at high levels for a number of years. The last three years (2008, 2009, and 2010) have seen capital purchases at levels not experienced previously -…
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