| JRCS Farms - 1/7/2025 20:24 I don’t think this breakeven math is quite right. If it costs 72k for the higher tech planter and you assume 5bu/ac gain on the average and conservatively say corn is $3/bu you would be +$15/ac on the investment. So it would take 4800 acres to breakeven.
Unless there is a no interest (or really low interest) financing deal on the planter, you're forgetting interest cost in your equation.
At 5% you'd have an additional $3600 of interest/opportunity cost the first year.
It should still pay (especially for someone doing 100% no-till) but it will take a little longer.
|