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How do you define efficient? There are lots of ways to slice the data. Large farms need economies of scale to pay for $1M tractors. I don't see anyone paying fo
by snarf21 5y ago
How do you define efficient? There are lots of ways to slice the data. Large farms need economies of scale to pay for $1M tractors. I don't see anyone paying for something that expensive and raising a family on 40 acres.
- 7952 5y agoExactly. Eeking out every ounce of productivity from land is different to getting the highest return on a financial investment. My hunch is that small farms are cash poor but time rich and that has implications. At some point the bottleneck switches from cash to available time of talented people.