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depreciation costs of equipment in custom farming rates

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Posted by Kurt Van Doran on October 17, 2002 at 20:07:25 from (

I'd like to hear from some custom farming operators regarding how they go about including the depreciation or maybe the cost associated with new(or for that matter older)equipment in the cost of custom farming. I kinda have an idea of what some types of field work or hay baling go for here in north Texas but with the addition of a new tractor it seems like I need to be adding the cost of this new, as of yet not totally paid for, piece of equipment. How do you other guys handle this?

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