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The cost of farming

Like any business owner, farmers invest in their operation. This includes equipment, crop inputs, seeds and much more.

A big investment

Equipment is one of the largest purchases farmers make to keep their operations running smoothly.

farming equipment at harvest

24-row planter

NEW Estimated between $200,000 and $300,000


NEW Estimated between $330,000 and $500,000

Grain cart

NEW Estimated between $50,000 and $95,000

close up of soybean crops

On average, a Missouri soybean farmer spends $11,526 on equipment per acre

Production costs

Each year farmers incur costs to protect crops from weeds, pests and diseases and also to provide crops the nutrients they need to be as productive as possible. These are the average costs for a Missouri farmer in one year.

Crop protection


Crop nutrients




Land purchases

$12,000 to $16,000 per an acre

dog in cab of tractor at harvest time

More than a job

Nearly every farmer will tell you that farming isn’t just their job. It’s a way of life. Farmers aren’t only monetarily invested in their farm, they are whole-heartedly vested in farming and so are their families.

Mark Lehenbauer, Missouri farmer, and two kids

Farming a legacy

For some farmers, farming is a family tradition. One that has been passed down for generations. While farmers take pride in continuing this tradition, there is also added responsibility and sometimes pressure to live up to the way of life and carry on the legacy of previous generations.

new soybean crops peaking up through the ground

Leaving it better for the next generation

A common thread of farming is the determination to leave things better for the next generation. This includes the land and resources such as soil and water. To help achieve this, many farmers implement sustainability practices on their operations.

two farmers trying to fix a piece of farm equipment

A demanding job in challenging times

Farming isn’t easy. It’s a high cost, high risk career with the pressure to make decisions daily that impact your livelihood. Couple that with the increasing demands to produce more and better crops with less impact on natural resources, and farmers are under stress like never before. Because of this, more attention is being paid to the mental health of farmers and supporting them. Physicians, first responders and psychologists are being encouraged to pay special attention to any warning signs of extreme stress or potential depression, especially among farmers they work with.