The costs of farming equipment vary widely, depending on the size of your operations, the types of crops or livestock you raise, and your chosen methods. However, one thing that doesn’t vary is that the cost of your agricultural equipment represents a major investment and a deep cut in your farm’s profits.
The average farm in the U.S. spends more than $180,000 a year on production. It can be difficult to decide how to spend that money and what equipment to buy. However, while expensive, investing in new equipment can have big payoffs.
Keep reading as we explore 3 reasons to upgrade your farming equipment.
1. Improve Productivity
One of the biggest reasons to upgrade your agriculture equipment is the chance to improve your farm’s productivity. The agriculture industry has come a long way in the past few decades. Advancements in technology, such as GPS, robotics, and automation, have changed the way that common farm equipment operates.
If you’re still using outdated equipment for agriculture that lacks these and other modern innovations, you could be missing out on some big benefits.
Technology like GPS and automation can increase farmers’ output, better care for their animals, and even detect disease spread earlier than ever before. All of this adds up to greater productivity, fewer man-hours required, and more output than with outdated equipment.
2. Increase Safety
It’s no secret that farms can be dangerous workplaces. Recent studies suggest that the rate of annual accidents in the agriculture industry may be higher than previously expected. In 2019, more than 570 fatalities occurred in the industry, making it the most dangerous sector in the U.S.
However, with new equipment comes a chance to improve conditions and increase safety. In addition to getting rid of equipment that could be faulty or difficult to repair, upgrading to modern agricultural equipment is also a chance to enjoy modern safety features that can improve the overall well-being of your employees.
3. Greater Profits
With fewer accidents, fewer repairs and downtime, and greater productivity comes one major benefit; higher profits.
Upgrading your equipment for agriculture applications is a big investment. However, if that equipment can help you reduce the number of man-hours needed to get the job done, increase output, or reduce costly issues like disease spread, that investment can quickly pay for itself.
Upgrading Your Farming Equipment
Upgrading your farming equipment can help you to improve productivity, increase safety, and boost your farm’s bottom line.
While deciding to upgrade your equipment is a big investment, doing so can help you reap these and other benefits that can help you to recoup your costs in the coming years.
As an expert in agricultural equipment, Kor Pak can help you with upgrade parts and services. Contact us today to request a free quote.