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All Press Releases for October 23, 2000 Subscribe to this News Feed      
 

Leading Agriculture Economists Contribute Information to MachineryLink

FOR IMMEDIATE RELEASE

For more information contact: Melissa J. Sanders 816-891-9240

KANSAS CITY, Mo. — Evaluating equipment needs and expenses is important to
farmers when making a machinery purchase. MachineryLink, Inc. offers farmers the
most complete resource to make these decisions. The MachineryLink Web site,
www.machinerylink.com, features a number of tools for helping farmers economically
evaluate their machinery needs allowing them to make the most informed selection.

MachineryLink's Academic Advisory Board consists of a select group of agriculture
economics professors from the nation's top agricultural universities including Iowa State
University, Kansas State University, North Dakota State University, Oklahoma State
University, Purdue University, University of Illinois, University of Missouri and
University of Nebraska.

These professors were selected because of their expertise in the areas of farm
management, farm machinery economics and farm financial management. They provide
the MachineryLink Web site with input and resources, such as articles and research
studies, to inform farmers on their machinery management options. MachineryLink also
plans for board members to participate in forums, host online chat sessions and will
introduce an Ask the Expert section, allowing farmers to ask their questions directly to
the experts.

"The big push in farming today is to have newer and larger machinery that enables you to
complete the job more quickly," says Dr. Terry Kastens, crop production and farm
management state specialist, Kansas State University, Manhattan, Kansas. "The initial
investment, operating costs and maintenance costs for ownership and usage of such
equipment can be overwhelming in today's farm economy. MachineryLink offers
farmers the information and resources they need to take control of this situation and make
an informed decision that allows them to have the equipment investment they need to be
productive and profitable."

Machinery economics-related articles from more than 10 universities and state extension
agencies can be found on the Web site, www.machinerylink.com, under the
RESOURCE button. This section recently expanded to include information on machinery
safety, equipment maintenance and grain handling to aid farmers in their use of
equipment.

For help with evaluating machinery needs based on cost per acre and cost per hour to
operate, Web site visitors can rely on a cost calculator to accurately evaluate ownership
needs and operating costs.

"The MachineryLink cost calculator tool is a sophisticated decision tool based on work
by professor William Lazarus, Ph.D., of the University of Minnesota," says Dave
Forsee, MachineryLink CEO, Kansas City, Missouri.

"The calculator allows farmers to compare costs of more than 200 different farm power
units and implements, and factor in the usage variables such as acreage use and fuel
costs. The calculator program simplifies the process of detailed cost analysis and allows
farmers to compare two units at a time while evaluating their options for machinery."

MachineryLink is the leading independent online resource for agricultural equipment cost
management. The best Web site for machinery expertise and resources, MachineryLink
provides tools to help producers identify and establish equipment sharing relationships,
sell equipment and locate reliable used equipment helping farmers reduce their equipment
costs.

Through strategic alliances with proprietary field agents, producer organizations, local
classified ads and local equipment dealerships, MachineryLink expands producers'
options to buy, sell and share equipment more efficiently. For more information visit
www.machinerylink.com or call 816-472-5900.
###

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CONTACT INFORMATION
Melissa Sanders
MachineryLink, Inc.
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