The only reason we make any money farming is because everything is paid off.
But we run old equipment.
Input costs per acre on our dryland wheat is about $140/acre. That includes everything from post harvest trucking to property taxes.
Good crop this year and with the current price it pans out to $210 acre.
Lots of the big timers have input costs over $200/acre.
They need more acres to make it work with machinery/land payments, labor, etc...
And then there is the the farm game, aka uncle sugar....
