By Dale Lattz, Gary Schnitkey, Nick Paulson, and Carl Zulauf
Successful Farming
Machinery cost estimates for 2025 have been released and are available in the Management section on the farmdoc website. Machinery costs are updated every two years, with the last update occurring in 2023. As is usual, estimated machinery costs have increased, with most increases in the 1% to 14% range. The increases from 2023 to 2025 are less than the increases estimated between 2021 and 2023, when many costs increased by as much as 30%.