This publication uses 2005 farm machinery prices to estimate the annual and per-hour costs of ownership and operation based on use. The information can help answer what size of machinery is most economical; how much machinery is needed for a given acreage and/or crop mix; whether machinery should be leased, rented, custom-hired, or purchased new or used; and how long machinery should be kept before it is replaced.

Publisher: Pacific Northwest Extension Publications
Published: February 1998.   Revised: April 2007.   102 pages.