bigbull338":wotrmnds said:the guy has $100,000 just in baling alone.an 80 tons of fert at $48000.so he would barely be making $50,000.
Net return of $78.12 per acre, not taking into consideration income or property taxes. That $50,000 wouldn't make the land payment if it were bought today. If the land is paid for, I don't feel bad for him making $50,000 off of one section of land. I reckon I could live off of that.
Now if he owned his own equipment and baled it himself, he just has his time, fuel, net wrap, and the depreciation on his equipment. I reckon this guy probably has his own equipment to mow and bale hay. If not, I might make myself available to do some custom work for him next year. :lol2: I would even haul my tractor, baler, and swather down there. :nod: