On the same basis, a 100 hp gasoline tractor uses 100 / 9.0 or 11.1 gal/hr, and an LP gas tractor, 100 / 7.5 or 13.3 gal/hr.

Fuel tank is 7.9 gallons so I can run about 8 hours on a tank. A higher HP tractor may use more fuel. 2.35 GPH seems high for a 35-40HP tractor but that is at 100% load.

When you factor in the radius of operation, a semi truck tank generally holds 120 to 150 gallons of fuel per tank, meaning that two tanks will total up to 300 gallons.

For example, if the average amount of diesel fuel required to harvest an acre of corn silage is 3.25 gallons, at a cost of $3.40 per gallon, then the average fuel cost per acre is $11.05.

tractor can go 700 km.

Due to the fuel price increase, fuel costs for the 310 horsepower tractor increased from $33.60 per hour in 2017 to $37.30 per hour in 2019 (see Table 1). Labor costs per hour were increased from $19.80 per hour in 2017 to $20.90 per hour in 2019 (see Table 1).

Tractors that have been well maintained average about 8,000 to 10,000 engine hours before requiring more unscheduled maintenance. Compact tractors with diesel engines average 6,000 to 8,000 hours, while gas engine tractors average 6,000 to 8,000 as well.

The tractor, by IRS rule, has a 3 – 5 year useful life. You will want to depreciate it over 5 years.

Small farm owners can deduct the cost of the depreciation of farm equipment such as trucks and tractors, buildings, improvements and necessary machinery. They may not deduct depreciation of their homes, personal vehicles or anything else not directly involved in producing income.

Farm machinery falls into the 7-year class life MACRS depreciation category. Since the IRS allows only a partial year of depreciation to be claimed in the first and last year, it actually takes 8 tax years to fully depreciate the item.

California, like every other state, offers property tax breaks for agricultural land. Specifically, farmers are able to take 20 to 75 percent off their property tax bill if they agree not to develop their land for ten years and do so with at least 100 acres.

Like any business, the IRS allows you to deduct ordinary and business expenses necessary for running the farm. Livestock is included as a deductible expense whether for resale or for a business need such as dairy cows.

The IRS says you’re a farmer if you “cultivate, operate or manage a farm for profit, either as an owner or a tenant.” Farms include plantations, ranches, ranges, orchards and groves, and you can raise livestock, fish or poultry, or grow fruits and vegetables.