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Farm machinery syndicates

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dc.contributor.author Hagen, E. L.
dc.date.accessioned 2013-10-09T22:49:22Z
dc.date.available 2013-10-09T22:49:22Z
dc.date.issued 1972
dc.identifier.uri https://hdl.handle.net/10182/5674
dc.description.abstract Current economic conditions are forcing a number of farmers to re-appraise their programmes of machinery replacement. Historically plant has been a significant component of Total Farm Capital on many New Zealand farms, particularly those involved with cropping. Recent substantial increases in the purchasing price of all items of farm machinery have meant that normal depreciation reserves are no longer capable of financing the replacement of major items of plant. The small farmer particularly is faced with this problem, and due to low usage rates and consequent high overhead costs, many large items of agricultural equipment are beyond his resources. In addition, wage inflation has encouraged the substitution of capital for labour. An existing alternative to the purchase of machinery is the use of contract services, but farmers find this a costly alternative for some types of operation. Additionally where timeliness is important, they may be reluctant to rely heavily on outside operators. A second alternative which is gaining popularity overseas is machinery syndication. Where the purchase and sole use of a large machine is clearly uneconomic for individuals a group of farmers combining to purchase the same machine may derive the benefit of a new and technologically advanced machine at acceptable costs. en
dc.language.iso en en
dc.publisher Lincoln College. Department of Farm Management and Rural Valuation. en
dc.relation.ispartofseries Farm Management Studies ; no. 3 en
dc.rights Copyright © Lincoln College. Department of Farm Management and Rural Valuation en
dc.subject farm machinery en
dc.subject machinery syndication en
dc.subject farm capital en
dc.subject agriculture en
dc.subject financial alternatives en
dc.subject cooperatives en
dc.subject farm management en
dc.subject farming systems en
dc.subject New Zealand en
dc.title Farm machinery syndicates en
dc.type Monograph en
lu.contributor.unit Department of Agricultural Management and Property Studies en
dc.subject.anzsrc 070106 Farm Management, Rural Management and Agribusiness en
dc.subject.anzsrc 070107 Farming Systems Research en
dc.subject.anzsrc 140201 Agricultural Economics en


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