$15,000 worth of equipment

r aiken

Member
I was reading an artical about farming on the shares, thirds,halves, or cash. This was about what would be needed for an average farm.
a100569.jpg

This was 1949
 
As a project in an Agronomy class back in 1959 or so, we were told to list and price out the equipment we thought we should have to farm 300-400 acres.

After listing and pricing, I decided that if a man had enough money to buy it all, he'd be better off putting it in the bank and drawing interest.

Stan
 
Baling probably done by a custom operator. Back then, balers on individual farms weren't common.
 
A Massey man, at least it looks like he has a Massey self propelled picker and Clipper combine, can't tell for sure what kind of tractors.
 
I made most of my money in high school with a haybaler IH 46 with a 2cyl Wis. engine on it. Most farmers didn't buy Haybalers around here until about mid sixties.
 
Couldn't fit it all in the picture!
But, I'll bet the others are correct. Probably hired it out. Interesting that there was specialization back then. It's very prevalent now, but back then my family did all their own work. Just before I was big enough to be involved, family bought a JD 214W baler, and baled for many of the neighbors. About mid 60's, when I was big enough, I spent summers pulling that baler around behind a WD45. It was worn out when they finally traded it.
 
That is about what my farming operation looks like. I farm with all that stuff. The best part is it is all paid for and making me money. The pull type combine too.
 
the same is still true to day if you are using new equipment figures...you could almost live off the interest if you had the cash

paul
 
(quoted from post at 18:40:47 02/05/13) the same is still true to day if you are using new equipment figures...you could almost live off the interest if you had the cash

paul
Obviously you have no money in savings.....
 
They paid 15k for all that equipment then, used it all this time, and probably could get their 15k back if they kept it shedded!
 
Yeah but $15K went a lot further back then...

You need $15K a year just to afford living in a cardboard box today.
 

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