Calculating Farm Machinery Costs

September 2, 2020
Gregg Ibendahl
Terry Griffin

K-State agricultural economist Gregg Ibendahl and Terry Griffin talk about a new online tool that farmers can use to calculate farm machinery costs...as input for making machinery purchase decisions, as a basis for comparing lease vs. purchase options, or for weighing the choice of custom hiring an operation instead of investing in equipment...they say it's an easy-to-use tool that can provide very useful information.