Gary Fowler
Super Star Member
- Joined
- Jun 23, 2008
- Messages
- 11,917
- Location
- Bismarck Arkansas
- Tractor
- 2009 Kubota RTV 900, 2009 Kubota B26 TLB & 2010 model LS P7010
Take a farm of 100 acres - and how many tractors does the owner need? 1 or 2 100 HP tractors at maybe $75k a piece???? (I'm just making up numbers here).
Divide up that land into 1 acre housing lots -and you might get say 80 lots out of it? Out of those 80 lots lets say even just ten people buy a sub compact tractor - at $15k a piece (with some accessories) - you're talking the same money that you made on the two large tractors (maybe more) - and you're talking a lot more parts and accessory sales and also the possibility that some of them might convert to larger tractors later.
Early like in the 50s my dad was farming 40 of the 100 he had with just an 8N Ford and 2 row equipment. Later when I got old enough to operate a tractor we did row crop farming on 100 acres with one 90HP tractor and one 50HP for a while. It isn't easy and requires some long hours during the spring disking and planting. Later we got rid of the small tractor and got a 130HP to help with the disking and cultivation. That allowed for much more land to be put in service so we rented some and bought some more land. We ended up farming about 300 acres. We also bought a combine and a cotton picker for our own use as it was getting hard to get custom harvesters when we needed them. After doing our own crops, we custom harvested soybeans and cotton for others to help pay the notes on the extra equipment. Farming back then didn't make much money, just enough to live on after paying all the expenses as they didn't have a lot of government programs like they do now to keep farmers afloat. Not many (if any) 100 acre farms in existence now, at least in our part of the world. Large consolidated farms now occupy most of the farm land with thousands of acres in row crop. Cotton has almost ceased to be farmed in Northeast Louisiana due to the expense, like $500K for a cotton picker, $300K for a large tractor not to mention high cost of implements to go along with those huge tractors. NOW most of the farms grow wheat, milo, corn and soybeans and just about all of it is irrigated. Only a very few irrigation systems were used in the 70's but now the weather is so unpredictable that it is a requirement. I am sure glad I got out of the business when I did. Dad retired in 1980 and sold everything but his land, kept a few cows on the pasture and rented the rest of his land to those who thought they could make a go of it.