Originally posted by: Kenazo
Originally posted by: mobobuff
A combine costs more than my house. I wonder how long a farm takes to pay one off.
Cereal grain farmers (wheat, barley, etc) really don't make an awful lot of money. Economically it doesn't make an awful lot of sense. They have $2-3million of land, $800-$900,000 sunk into equipment, $250,000 in buildings & grain storage, etc. All this and they maybe make $100,000/year off of it. Seems kind of silly actually.
Accipiter22,
When the plains were settled back a hundered years ago they surveyed it out into one mile by one mile pieces which are called sections. One section is 640 acres. Each section is split into 4 quarters (160 acres each). a quarter is the smallest piece of land that used to be available (though now of course things have been subdivided beyond that in some areas).
Not sure how things are in the US but here in Canada the heirarchy of land classification is oulined here:
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