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Am I a fool?

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AllisFreak MN View Drop Down
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Joined: 07 Dec 2009
Location: Minnesota
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Post Options Post Options   Thanks (0) Thanks(0)   Quote AllisFreak MN Quote  Post ReplyReply Direct Link To This Post Topic: Am I a fool?
    Posted: 21 Jan 2011 at 10:00pm
Is it foolish of me to buy a 2500 dollar combine for only farming 35 acres of land? It is a nice older Gleaner M that I would love to have but I am having trouble pulling the trigger because of the small acreage I have available. What should I do? I have been renting the land out but I was born and raised on a farm, have always wanted to farm again and this is my chance, even though it is on a small scale. I have a full time job in town so this is just a sideshow. I already have 3 A-C tractors, a JD press drill, an IH 4 bottom plow, a 13 foot disc, a 4 section drag, an A-C mower conditioner, a Nwe Holland 273 square baler, a New Holland 850 round baler, a New holland 56 rake, 3 hay racks and a JD 800 swather. It seems like I'm in so deep now I might as well buy the combine and a couple gravity boxes and have it over with. Any advice would be appreciated. Sorry for the long post.
'49 A-C WD, '51 A-C WD, '63 A-C D17 Series III, 1968 A-C One-Seventy, '82 A-C 6060, '75 A-C 7040, A-C #3 sickle mower, 2 A-C 701 wagons, '78 Gleaner M2
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Denis in MI View Drop Down
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Joined: 15 Sep 2009
Location: Norvell, MI
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Denis in MI Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 10:06pm
Of course your not, because if you are than I would have to be, I have 13 allis's and even more in different colors and don't really farm any ground but I hope to start this spring.
1938 B, 1945 B, 1941 IB, 1949 C, 2 1938 WCs, 3 1950 WDs, 1951 WD, 2 1955 WD45, 1957 D-14
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GBACBFan View Drop Down
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Joined: 11 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote GBACBFan Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 10:12pm

I believe your approach to be correct. Being frugal, buying good, used equipment and easing into it is smart. If you change your mind, you can liquidate with a zero or minimum loss.

"The trouble with quotes on the Internet is that you can never know if they
are genuine." - Mark Twain
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GlenninPA View Drop Down
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Joined: 11 Sep 2009
Location: Ashley, PA
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Post Options Post Options   Thanks (0) Thanks(0)   Quote GlenninPA Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 10:21pm
If it is just a sideshow for you, you willl need the machine to get your havest in in the limited time you have.
 
It is romantic to play with the small All Crops, but if you have grain in the field and only a day of decent weather, you better be able to get it done.
 
You are not going to get rich on 35 acres, but if you utilize Section 179 instead of depreciation, you can turn a profit in years 2-7, which is what Uncle Sam wants to see. (oh yeah, Mother Nature and the market have to hold up their end of it too, but that's farming!)
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Sandknob View Drop Down
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Joined: 12 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Sandknob Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 10:25pm
Nope not at all.  I just bought a M2 for not much more than that.  Still need to go pick it up sometime.  I farm about the same amount of ground as you, but have a couple of chances in the next couple of years to grow some.
Adam
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arkfisher View Drop Down
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Joined: 31 Dec 2010
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Post Options Post Options   Thanks (0) Thanks(0)   Quote arkfisher Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 10:32pm
I saw one on craigslist near Kansas City, MO earlier today...here's the link.  Looks to be in good shape...wish I was closer, I'd own this one.  Here's the link
 
D15 #3057

D17 #36222

F-12 Farmall #FS42332
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Gerald J. View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Gerald J. Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 10:44pm
Do your own preparation, planting, cultivating or spraying, but hire the harvest. The maintenance on the combine will cost more per year than the cost of custom combining and hauling.

Gerald J.
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Clay View Drop Down
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Joined: 11 Sep 2009
Location: Udall, Kansas
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Clay Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 10:59pm
We have a CII.  Our repairs/maintenance bills are usually very small.
 Oil and oil filter
Oil for the air cleaner
Grease
Oil for hydraulic (about a pint per season)
Finger guards (sometimes get by without any needing replaced but keep a dozen on hand)
Our CII is on propane and fairly easy on fuel.
I keep the combine in a machine shed and it is thoroughly cleaned and blow out before it is stored.
Once a month, the combine is started and allowed to run for approx 30 minutes.  The separator is run for several minutes also.  This helps keep the battery charged, engine exercised and separator exercised.
On rare occasion, I have custom cut for neighbors when they break down and are in a real bind.




Edited by Clay - 21 Jan 2011 at 11:01pm
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HagerAC View Drop Down
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Joined: 14 Sep 2010
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Post Options Post Options   Thanks (0) Thanks(0)   Quote HagerAC Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 11:19pm
If you can get a little custom work to make up for upkeep and maintenance it would be well worth it.  We only farm about 100 acres, and we bought a nice F2 for nearly 5K a few years ago, and we also do about 50 acres of custom harvesting which helps quite a little, and makes it more comforting to own a combine.  The maintenance and repair costs on these combines is very little if they have been keep good care of, we rarely have trouble with ours.  I would say go ahead and buy it.
30+ A-Cs ranging from a 1928 20-35, to a 1984 8070FWA, Gleaner R52
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denwic View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote denwic Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 11:20pm
Unless you have somebody close that would do your harvesting, I'd get it, they's no better or funner job farming than runnin a combine in corn.
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Roddo View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Roddo Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jan 2011 at 11:26pm
I think you will enjoy it as long as your machine is in good shape.  Get one that has had a bad life and you will be fixing more than combining.

Dad and I bought a 75 Deere 4400 just this year and it ran like a top.  It was a hoot to do it all for ourselves for a change.  At the rates here for a custom job that machine will be paid for next year.  Cant beat that.  nd it feels great to dump the first bin of your own harvest.
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Matt (NEIA) View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Matt (NEIA) Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 4:51am
around here it is about $20 dollars an acre to combine, seems expensive but if you can't do your own repairs and have to ever send you combine to the shop look out!  you'll farm the next 5 years after that just to pay the repair bill but with that said i'd buy it, i farm 7 acres (with chance at more if i want) and am looking at gettting an older combine for giggles
1955 WD-45 with factory PS
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BobHnwO View Drop Down
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Joined: 16 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote BobHnwO Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 6:02am
Buy it!!
Why do today what you can put off til tomorrow.
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PBSoMd View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote PBSoMd Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 7:55am
To me, the real question is "can you afford it?" If so, don't try to justify it because if you are like most of us, it never works!
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JK(IN) View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote JK(IN) Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 8:21am
I say buy it as well. Heck I was told 15 years ago that we couldn't afford to own a combine for 200 acres.  We bought a good used machine back then and still have it. We have had to make several repairs over the years, but nothing over the top. As long as your drive train is sound you can figure out the rest.  The thing we always liked was being able to harvest when it was right, not when it was convenient for someone else to come in and do it for us.
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Rogers View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Rogers Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 8:24am
If you can afford it, and you want it. Buy it. It will make you happy. That is the bottom line not whether your need can justify having it. Heck, on another level think about it how may of us wouldn't have the truck we have now if we had asked do we really need it or can I make my old one last a little while longer. It really boils down to being able to afford what you want. If so then I think you should buy! That's just my thoughts. 
Think for yourself and be your own expert. Be willing to change your mind; however, willingness to change your mind doesn’t mean that you will. Blindly following any path is the pinnacle of insanity.
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Oldoug View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Oldoug Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 8:26am
I own a A-C One-Ninety, a four bottom plow, 13 1/2 foot disc, and I'm wanting to buy my Grandpa's old A II combine someday.  The only land I own is the 50 X 175 foot lot that my house sits on, so if you think your foolish then I'm really foolish...lol.  I'd say go for it.
Matt Folkers

FOLKERS RESTORATION



Restoring vintage things to last so the future can enjoy our past.
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Fred View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Fred Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 9:47am
A very wise and successful man once told me that he never regretted what he bought but only regretted what he did not buy.
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Eric[IL] View Drop Down
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Joined: 14 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Eric[IL] Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 9:57am
Amen to Fred's comment. 
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Steve M C/IL View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Steve M C/IL Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 10:25am
Buy it.When dad turned the rains over we had about 20A of each corn wheat beans.I said can't own a machine for this acreage.After a couple years of waiting for hired combine to get my stuff out(not necessarily timely) I figured I could afford an old Gleaner.For $1200 a year it would soon pay off and I figured I could put that much a year in it and still be even if not ahead.Do your upgrades in the off seaon so you can get through the next harvest.Sure there's unexpected break downs but that's life.If you can't fix stuff yourself....that might change the story.
 
   In reguards to Geralds advice;With your "real" job,you'd be ahead to hire the spraying.These days the ag suppliers have the ability to get stuff applied in a timely manner with quality equipment.Killing weeds on time can make a BIG difference in what you harvest.


Edited by Steve M C/IL - 22 Jan 2011 at 10:34am
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Chris(WA) View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Chris(WA) Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 10:44am
Go for it! I would in a heartbeat!
Washingtonian by choice, Wisconsin Farmboy by the grace of God!
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DaveKamp View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DaveKamp Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 10:49am
I think most would qualify you as a 'hobby' farmer... simply because you have a primary source of income, and this ain't it... that being the case, you don't hafta justify the operational and maintenance costs for any reason... and of course, if you get to the point where you can't pull your own corn, hire it done.  35 acres USED to be quite a bit, but mechanization has made it small.  You're trying to justify purchase of a machine amidst a 'hobby'... the justification is unnecessary past the fact that youv'e got money in your pocket and interest to warrant having it.  I've got two WC's, two B's, a WD, and a Cub LoBoy, and the only one I really CAN justify having is the D-17...  don't ask me about my machine-shop equipment, boats, guitars, or HAM radio equipment...  ;-)
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 427435 Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 11:08am
An old combine will need TLC-------especially if it hasn't been shedded.  You should also have a shed to keep it in going forward.  You will also need to learn how to adjust it.

Economically, you might be better off having a neighbor custom combine for you----------but that wouldn't be as much fun!! 
Mark

B10 Allis, 917 Allis, 7116 Simplicity, 7790 Simplicity Diesel,
GTH-L Simplicity

Ignorance is curable-----stupidity is not.
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Rogers View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Rogers Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 11:18am
Originally posted by Fred Fred wrote:

A very wise and successful man once told me that he never regretted what he bought but only regretted what he did not buy.
 
Fred, your passing on words of wisdom!
Think for yourself and be your own expert. Be willing to change your mind; however, willingness to change your mind doesn’t mean that you will. Blindly following any path is the pinnacle of insanity.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote JC-WI Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 11:21am
35ac X 4$corn X 100 bu = $14,000
35ac X 4$corn X 180 bu = $25200
35ac X 6$corn X 180 bu = $37800
35ac X 12bean X 45 bu  = $18900
35ac X 9org.blcorn X 90 = $28350
35ac X 18$orgbean X 45 = $28350
  minus all the inputs costs expenses, + degree of capabilities to attain max growth/quality and add in marketing skills.... if its suppose to be, 35 could turn into 75, 350 or 3500 . By now you would need bigger better equipment LOL
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Gerald J. View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Gerald J. Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 11:35am
Spraying is an area that doing your own pays very much and a small sprayer for 6 or 8 rows isn't expensive to build. Then you get the crop sprayed when it needs it, more often that waiting for a custom sprayer and you run over less crop, providing you are comfortable with the product being sprayed. I'll spray glyphosate, but not some others so I pick my project.

Gerald J.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Don(MO) Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 4:21pm
I don't have a lot of land but I got An old A just to have the fun of picking my corn. Don't spend a lot of $$$ on the old gal but she is a ball to run and I have had a crowd show up just to watch it run and I can get the corn out when I think it's ready not when someone has time to do it. So after all my babbling BUY IT!
Don
3 WD45's with power steering,G,D15 fork lift,D19, W-Speed Patrol, "A" Gleaner with a 330 corn head,"66" combine,roto-baler, and lots of Snap Coupler implements to make them work for their keep.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote mtanut Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 5:13pm
We bought an old A2 this year, rates here are 30-40 an acre. Last year half my crop went out the back of some one else's machine, this year we controlled it. Figured for what I paid for the combine, did a couple minor repairs, gas etc we broke even. Best part is on a small scale you can harvest at your convince. Guy I bought it from bought another machine but still used this one for his oats and I did mine and my buckwheat. I figured the old A2 covered about 70 acres this year. Do what suits you and have fun.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dale Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 5:27pm
Nothing like being in control of your own harvest. In a moment of ??? I bought an old M-M 3490 self propelled combine with a Scour Kleen. Parked it in the shed as a shed ornament. This year had a weed infested barley field (why-its a long story). First 1/4 bin of JD combine and more green weed seeds than gold. Figured on writing off field. Light went on-spent 2 days getting the MM operational and a way I went. Never missed a beat, paid for itself first season. If no major repairs and doing the minor ones yourself its a clear win.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote AllisFreak MN Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jan 2011 at 5:58pm
Thank you all for the responses. It looks like a resounding yes to buying the combine. That's what I wanted to hear! My wife says you guys are enablers LOL! Now I just need a way to transport it home as it is 4 hours away. She is a beauty though, always shedded it's entire life, never ran anything through it but wheat and barley, 301 diesel with newly rebuilt injector pump.
'49 A-C WD, '51 A-C WD, '63 A-C D17 Series III, 1968 A-C One-Seventy, '82 A-C 6060, '75 A-C 7040, A-C #3 sickle mower, 2 A-C 701 wagons, '78 Gleaner M2
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