What does the ground cost you? Do you rent or own? How much did it cost to plant the hay? Gotta take all that into consideration. My alfalfa which is on ground I own, I pay "rent" to myself. I take the cost of planting the crop and divide out by 5 years. Road ditches and meadows that I don't have to pay for planting or rent are the biggest money makers, but they are generally harder on equipment so my repair expense goes up. There is no magic number as every operation has large variables. I like to keep my cost less than 50% of if I had to buy it. I generally run between 25-35%.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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