How Do Farmers Afford Tractors?

Farmers own $600,000+ tractors, but how do they afford these essential machines? In today’s video, I explain the various methods available for farmers to purchase the equipment they need to feed the world. From buying outright with cash to financing through banks to leasing from dealerships, I cover all the options. Plus, I'll showcase the investments made on my family's farm in machinery.

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Matthias, aka HiTech Farmer, is a 5th generation family farmer from Southwest Minnesota who promotes agriculture by capturing it through the lens of a camera, one video at a time. Passionate about emerging farm technologies and the benefits of 21st-century precision agriculture tools, such as farm equipment, GPS, and autonomous tractors, Matthias is determined to bring new methods into his operation. These methods can improve his farm's efficiency and sustainability into the future. Learning from his parents' (Mike and Dawn) work ethic, Matthias sees every day as an opportunity to educate and entertain about the daily triumphs and challenges his farm faces, whether technology-related or not. His mission is to share his enthusiasm and knowledge of agriculture as he embarks on what it means to be a farmer in the modern era.