Alberta farmer
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- Nov 13, 2008
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Looking back on some of my old accounting books I am amazed how little the prices of our products have increased and how high our costs have increased!
In 1988 we sold 612 lb. steer calves for $1.12/lb. We bought a new half ton 4X4 for $9200. Our dyed deisel was 18 cents(converted to US gal/$). Nitrogen fertilizer(46-0-0) was $260/ton(applied!).
Today... steer calves (who knows?) New half ton 4X4 about $30,000. Dyed deisel $2.44(converted).
The lists of costs goes on and on. Our electricity bill is probably up in the range of 300%. Same with phone and property taxes,machinery repair costs,etc.! New machinery would be even higher.
I guess those were the good old days?
In 1988 we sold 612 lb. steer calves for $1.12/lb. We bought a new half ton 4X4 for $9200. Our dyed deisel was 18 cents(converted to US gal/$). Nitrogen fertilizer(46-0-0) was $260/ton(applied!).
Today... steer calves (who knows?) New half ton 4X4 about $30,000. Dyed deisel $2.44(converted).
The lists of costs goes on and on. Our electricity bill is probably up in the range of 300%. Same with phone and property taxes,machinery repair costs,etc.! New machinery would be even higher.
I guess those were the good old days?