Thursday, June 18, 2020

All You Need To Know About Farm Equipment

Formerly, old tools constructed of stones and sticks were used by the human beings to till the soil. However, today in the agriculture industry farmers are able to sit in the air-conditioned cabins of sophisticated machines during the harvesting of their crop.

 

When it comes to producing a significant amount of food and reducing workload, the requirement for advanced agricultural equipment always exists. But one question that most every farmer's face is that what and how much equipment they should have.

 

Well, the answer to this question about the type of equipment they need depends on some economic factors, geographic location and the crop type being raised.

 

There is an extensive range of agricultural equipment available all across the world as the industry has expanded widely in recent years. There many manufacturers available at multinational, and regional levels based on the market. While the multinational farm equipment manufacturers export equipment globally, regional manufacturers offer the same either to a particular region or country for different smaller countries. Some of the local manufacturers provide agricultural equipment to the limited region, generally within a country.

 

Be it pick and carry compact tractors or other farm machinery, majority of farmers purchase them from the local dealers or manufacturers. However, some farmers often also prefer hiring the equipment from fellow farmers or dealers to carry out required operations, mostly in case of costly machines like a combine harvester for harvesting. While this was earlier used to be common for harvester machines only, now the system has gained importance for other farm machines as well.

 

To own agricultural machines a farmer has to also spend a sufficient amount of money for its utmost care and maintenance.

 

The cost of owning equipment can be is fixed or variable. While the fixed cost remains unchanged throughout the year for the use of the machine. On the other hand, variable costs can vary as per the use of the machine.

 

However, type of use a machine and the amount majorly affects the cost of agricultural machinery. Plenty of equipment becomes technologically outdated even before their value depreciates, the reason being its less annual usage. Therefore, it is worthwhile to treat depreciation as a fixed cost, in place of the variable. Also, insurance and shelter both the requirement for any equipment, come under fixed cost.

 

The variable cost includes fuel, repair and maintenance. The more a machine is used, the more repair, fuel and maintenance are required.

 

Today, the farming industry has become highly tech-friendly and many agricultural machinery manufacturers are offering state of the art machines to cater to advanced needs of their clients.


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