Debt is fine if you have a real plan. They'll give you a 10-20 year loan on those hog barns. If they generate enough revenue to pay them off in 7-10 years that's a WIN But it takes time, planning and knowledge. Don't be a sucker and try to work with local community banks. Go in the bank with a plan and projections.
Debt is the key to getting rich or even wealthy. There is nothing else to it, that is the secret of rich people. Period. Debt. If you know what you are doing I don’t know how you go on RUclips and you don’t know that
My first farm loan for row crops was 150k. I had never borrowed a penny before that. Next year it was 300k. The week I started harvest I went to the bank to pay off my loan. The banker didn't want the full payment 🤨 he kept trying to tell me I didn't have to pay it all at once.
Banks make money off the loans I did the same thing and the turned me down on my second loan because they said my credit score paying off the loan gave me a bad score I never went back to that bank good for you capital pays off at the end of the day keep smiling
Agriculture is in the top 3 for government subsidies to help farmers. And it should be, like you said historically not helping farmers get started/stay afloat through hard times is when you get famines. But where is the society screwing over farmers? It's gruelling work with long hours but let's not pretend the US is out here hurting farmers.
@@davidcox1472 I assume through little to no taxation on imported Meat, Vegetables.. grain, fruit making. I also assume just like the *Greenies* shut down Highly Environmentally Regulated USA 🇺🇸 companies.. farms are shut down due to environmental costs.. then the greenies celebrate as the Virtue Signaling does Not demand they follow to see where that same product comes from after its out of the USA. I was a greenie. Then I found it was just another tool to wipe out middle class america...because after American Widget maker is gone,,, the Widget continues to be produced overseas or South, with Little or Zero Environmental Concerns .Gov doesn't *hurt* USA Manufacturer.. but it doesn't help them compete ultimately dooming them.
Not to mention, if you suddenly have a massive hog farm, you need someone to sell your animals to.. if the local infrastructure for hog farming isn't around, you're gonna be shipping them awfully far.
Around NWMo, there are some big barns around. St. Joseph has a processing plant that averages 8000 per hour 6 days a week. They are shipped in from all over Nebraska, Iowa, Kansas, and Missouri. You supply the facility and Utilities to their specifications. They supply the rest down to the Vet and feed, trucking all of it. You deal with the Manure. Don't get greedy and it works.
Hog barns in the Midwest are owned by farmers but the hogs and feed are brought in and out. Farmer just raises and waters a product. Same with chickens and turkey which are owned by tyson, who own the slaughter house.
@thegreenerthemeaner I remember watching something on how that practice works, was a documentary on US chicken farms I think. Any experience with it directly? Does it work well/require and subsidies?
@@suburbangardenpermaculture3117 most crop farmers i know do have second jobs, that said... running a profitable farm in most areas is a full time time, having a second career and then also a family can e difficult. If your making it work great.
@@BI-11y_TheStormTrooper Farms lose money as much as they make money. There is a reason there is the term 'bumper crop'. Crop insurance exists solely to help you recover the COSTS of planting. It doesn't cover the potential lost profit of a failed crop. Farmers get loans based off Cash flow, not capital. That's the sick nature of today.
19, kid on the way, and just started my first row crops. it's only a little over half an acre but I just harvested about 200 pounds of red taters and have peas, corn and watermelons coming. Been doing it all myself and man it's some of the hardest but most rewarding work I've ever done. I love it
Went to an ag program at a local technical College in Wisco. The instructors told us we would all need to take 1.5 million minimum to get started no matter what you wanted to get into. They'd tell us which banks to go to and how to get into the most debt. I quit that program after 2 semesters.
@Jordan Harvey I was never planning on having a big farm and mostly was exploring my viability in school at the time. I was interested in home/farmsteading and the ag program was what they had that related. I learned a lot in those two semesters. A lot about what not to do and what a scam the system is. I feel bad for all the kids going into big ag thinking it is farming, and they end up going along with what the program teaches.
@WhygowegaBusch first of all, I didn't pay for you hack degree. If you need college to learn to farm or agricultural or need college to learn it's all about money. You are in the wrong industry.
@WhygowegaBusch you don't need college to farm. It's easier than doing concrete work. Farmers today have chemicals, cheat sheets and tons of data and help.
Start small , market, deliver and word of mouth will make your business and relationships flourish. I’m. Butcher that shows ppl cost savings and if they ask then we get into the cut and cow. The reality is those who understand good meat and trust what you’re saying at a fair price will feed their families and be totally reliant and reliable. Ppl think I’m small minded but look what craft beer and micro-breweries have done and this whole thing is about to become trine and relevant; and it should it’s good for ppl.
Dude.. I’m a black man from NY so I know nothing about the world of farming, but it’s always been my dream. I want to be a farmer, and I want to have a farm one day. When I was 22 (about 7 years ago) I went to work on an animal ranch up in the mountains of Santa Rosa, Ca. I love animals and nature, and it was one of the best times of my life. It’s my goal.
I worked for one of the biggest pork producers in Ohio. And let me tell ya, when he talks about “when it smells like money” those are facts. Even on the weekends when I wasn’t working, I still smelled like “money”
They don't want small farmers anymore they want these huge corporate farms that farm hundreds of thousands of acres we tried we started with bout 300 acres but starting out buying the equipment and everything you can't make money!
@@ObiwanNekody the "free market" keeps everyone but the wealthy down. Unfortunately the US lobbies over ANYTHING that makes money. Money makes more money ya know?
Not really up to him though. Thats why we have natural resource departments to control that stuff, relying on the kindness of others historically doesnt work out great. He didnt build them cuz of iowa DNR like he said in the video, thats why regulation is essential for communities to last for generations.
My parents inherited hundreds of acres of farmland and farmed it for 15 years till I made them realize they’re pulling their hair out worrying about everything too much. I helped convince them to stop and simply cash rent it to someone else. That was absolutely the best decision
I get it made life easier for y’all, but you really just passed the buck on to someone else that’s gonna have it even worse than y’all ever did. You understand that, right?
At least this guy is smart enough to be environmentally conscious of the impact from hog farming ventures on underground water quality! Banks always want to place debt secured by land on inexperienced farmers to quickly secure property to be resold, put money in their pocket and concentrate ownership to their larger owners. I've not met a banker that I can trust, except a few smaller Credit Union ventures. (They won't make you rich but they won't trick you out into the streets like bankers).
@Skylar Montgomery You might be right but.... He seems financially smart enough to limit his legal liability and NOT damage the environment for legal and/or lawsuit reasons! His arguments seem well thought out and inclined to limit his risk in a somewhat new farming venture. BUT, There is really no way either of us can prove our opinions. But my opinions aren't based on prejudicial bias against some agricultural/animal husbandry worker planning his future based on his sweat equity.
@dilbertjunkmail if you can see the water reports and plans of cities like Des Moines of building a filtration and storage system north of the city. This was looked into because the water quality of the Des Moines River because of runoff of chemicals, like fertilizers, and improper dumping of biological wastes by people/ companies. Usually into pits or straight into water sources. I was brought aware of this stuff living in Iowa from working at a salvage yard and their mishandling of their runoff directly into a stream. The advice given to them was take your samples at the point the stream enters your property. The reading will be lower and will less likely trigger a DNR visit. Which are supposedly rare to begin with.
@@carpetlayenful My limited knowledge of animal husbandry won't allow me to contribute much to management of this type of waste runoff, however my previous life in permits leads me to believe any runoff operation must be approved (permitted by county or state) and The sample points approved in the permit process. To contrast the effect, the regulatory entity (county or state) should have water quality samples downstream and upstream of the operation to review the future operations effect. I would imagine the runoff standards (effluent) are the same as waste treatment plants and readily published and that this operation would be fun the same I that large quantities of the waste must be contained then treated before removal. Large amounts of this waste should be marketable as as fertilizers but a lot will just need removal as solids. Most likely after liquid drainage from the breakdown (digester) of the organic waste. Very similar to a permitted waste treatment plant.
You do not have to live in crushing debt to farm. Lots of people get into farming by buying a bit more expensive house on an acre or two an hour out of town and build a big machine shed on it and do harvesting or spraying or seeding in the area and grow their fleet and services and eventually get into renting land directly and then get into actually buying land. People borrow in farming for the same reason they borrow in any other business, because they want to grow faster. End of sentence. It's literally just a leverage tool.
@@kkknotcoolwho cares. Cheap debt has fueled the biggest growth Ponzi scheme in human history and we're staring down the barrel at the results right now. If everyone needs debt to do any and every thing in society that just screams unsustainable and doomed
Don't know why people's being rude!! I just support them is all I said and buy from them when i can! , i didn't say I don't still buy mainstream products from big corporations! Not a damn thing wrong with what I said!
@@cuda861 many seed companies like pioneer for example rent the land from farmers to grow seed corn on so it’s pretty typical they get taken advantage of
After 5-7 years when u get paid off they’ll come inspect your barns and tell you u need to put 1.5 million in repairs and upgrades to stay within the standards they expect with they’re producers. Saw the same song and dance from Perdue and some friends of ours who raised turkeys
They want to stimmulate their other investments. The banks are also invested in pesticide companies, synthetic fertilizers, animal pharmacy, animal feed. So investing in a sustainable more productive farm is not as beneficial as investing in a farm that will increase profits for companies they have stakes in. This causes farmers to be indebt and the envirement to be in bad shape. If course this has more impact on the farmers themselves and the people and nature around it than on the investers and the banks. Classic market failure. This is also why subsidies for farmers dont actualy benefit farmers at all but the industries that farmers rely on. All agricultural subsidies are for the agribuisnes, not for the farmers. They are only sold as subsidies for the farmer.
This is true. My parents run a poultry farm. After 10 years and less that 10% of the loan to pay off, they came and said you need 600k in upgrades or we're going to stop bringing you birds since your chicken houses dont meet our standards anymore.
Many of the farmers that went under in the late 1970's were good farmers. But they had followed their lenders suggestions to keep expanding and improving. When things started to turn to manure in the ag-economy, all these lenders wanted immediate pay off of their loans. Which is impossible because the net worth is in the operation and not in dollar bills. That is how some of the good farmers went under in those times.
The banks main goal is to get you to pay for majority of a property they plan on reclaiming. Having you go through the due process and struggle so they can harvest your work. They wanted him to take that loan knowing the location would be shot down for a pig farm because of runoff into the water supply. But then he could be on the hook for 2 million with no way to make any money to pay back so he could be foreclosed on.
Most banks require insurance on their loans so they don't get the property if you go belly up. You make them sounds pure evil when they make money off of loans that they don't force people to take.
@@dudeman5300 Do you know the Insurance type your referring to? I only know of mortgage insurance which only protects the lender and in case of foreclosure still forfeits the house from the loaner. The bank remains the owner.
"i dont have much, just came kut of college" "Ah, fresh out of college eh? That means you're eligible for the Diamond Debt package, how does 2 million sound?"
I started farming 500 acres after I graduated high school with a $25,000 loan and bought the cheapest equipment I could buy and after sheer luck I started renting more ground and tried to stay away from the bank robbers. I now farm 35,000 acres that I own and the only money I take to the bank is for deposits. It's hard, but if you love what you do, you will become a successful farmer.
you just said you had sheer luck to get where you're at. 😂 try to stay in the real world for more than 5 seconds buddy. you are very very VERY fortunate to be where you're at. hard work is just what it takes to keep the ship afloat.
@jamesnm21 apparently you know nothing about farming. When it comes to renting farm ground you are lucky if you get to rent it due to 500 other farmers buttering up the owners to get to farm it. I'm fortunate that I got to farm that ground but luck does have a lot to do with it.
You mean every year lol. Yeah this here is last year's code...your gonna need to overhaul everything. Also since we already saw the violations we gonna have to shut ya down till your up to standards.
Or they don't make any money if people pay their loans back immediately, they aren't going to lend out millions of dollars to people if they only make a small amount of money on the loan. We want banks to give us loans so we can make money but complain that the bank needs to make interest on the loans, like yeah its how a bank makes money.
@@dudeman5300Are you seriously defending banks right now? If I go bankrupt, I’m fucked, I have to fix everything on my own- if a bank mismanaged their funds and overpay their executives, they just get another bail-out from the government
That's because you have to have money to start doing literally anything for yourself these days and us young dudes don't have any money to buy cows and land for hundreds of thousands of dollars I can barely afford gas in my car even when I have a job
I remember in our ffa class my teacher said buy 2 chicken houses from Tyson one would pay for both and the other is your profit they didn’t tell you after 3 years into it you had to update your equipment in the barns that cost everything you made off the other barn then after you payed all your capital out you had to start all over lol at least you made money off the chicken litter like that’s going to get you rich
Chicken houses make $400,000 a year each after 10 years. But yes, it takes 10 years to turn a profit. Tyson is not the company to work for though. Hatching eggs is where the money is.
Oh ya. Best advice for new farmers: DO NOT take a loan or sign any agreements with any corporate entity like Tyson or any of those guys. You'll get screwed no matter how good the offer seems.
@@michaels.ramsey7803they do not make 400k a year. I used to work for Mountaire farms. Revenue on a house is dependent on the square footage of the house. 33,000 sq foot goose will hold 38,000 chickens. You get paid out based on the head you place, paid per thousand chickens. So if they pay you 400 per thousand, a 33,000sq foot house makes $60,000 a year gross
@@Miked1332 yes !yes!yes! You would get lucky if you make it 15 years and then your health will take it away because of stress better to do it your self find that market in your area that buys what ever it is it’s not worth it Tyson started up in our neighborhood and I know how they operate now all that is going away because to many people got out now cattle farming has taken over and it’s dairy heffers for Kroger it’s a mess with over stocking cattle just to make a profit and it is damaging the environment
Accidentally took a 3 hour nap and I woke up to this playing on a loop. I instantly have gained supreme knowledge on hog farms and the inner machinations of hog farm economics. All I know now is hog farming and breathing.
It seems like the globalists took control of the resources, food supply, etc and wealth. What if corporate agriculture profit was put back into the economy and the workers only take salary and not billions of profit and it becomes a government agency to provide these necessities and jobs. Seems like these people like Bill Gates took over the world and these globalists control our governments and economies. They just set up the system to gain power, profit and control over everything. God's speed anyway.
The best farmers I know went to college and got an agricultural degree. Anyone can make something grow but you need to know the science to maximize productivity
Yeah, dawg, they were definitely trying to get you to take out that loan so you would get shut down, and they could swoop in and buy it for pennies on the dollar
I've been gardening for 3 years. I only had one season in that time when I didn't have to go to the grocery store for food Growing food is hard, but the cost does go down over time But mostly, I've settled on the realization that I may never maximize my gardens potential, so I mostly grow for seeds
This is exactly what it's like here as well. Talk to the bank manager and they tell you that you need to put up a chicken shed for 32,000 laying hens for about £1.5m. A few month later the market collapsed and a lot of the guys that took the banks advice have been paying interest only on their loan, knowing that the internals of the shed will need replacing in 15 years
You say that as if it is something that even needs saying. of course a business is there to make money. Companies pretending to care is far worse than them just not caring. The ideal state of being is if the majority of those around you don't care about you. You have your family and whatever friends you chose to make. other than that, you really have no reason for wanting anyone else to care.
Small farmers are getting punished so hard these days and it's not American at all. They are literally the backbone of society. The most important central source of necessity we have. What the actual quack.
it's pretty american, this is what happens in capitalism with no regulations. americans don't like the government interfering with business or personal lives so when they don't and inevitably people who don't have the money large corporations have are taken advantage of.
@@purplefood1 not when there's a magic money maker that can give them the ability to evade failure. SO LONG AS they are subserviant to who controls the money printer. It's really extremely socialist and defeats a fair competition
Commodities businesses always consolidate over time into fewer producers. It's economy of scale. The bigger producers can make incrementally more profit on every unit of crop. It's almost like the laws of physics, they just "are".
This is a valuable lesson. The person who has your best interests in mind is you. Everybody else has an agenda, which may or may not be complimentary to your best interests, so it is important to be educated. And maybe a little skeptical.
Farming in the modern day is incredibly expensive despite it being the number 1 neccesity, and farmers get basically nothing for themselves unless they work at it until retirement. I'd recommend Clarkson's Farm if anyone is interested about learning of the headaches that comes with farming.
I’m just trying to make my small farm make any kind of money in Iowa. I work full time welding making grain bens at the moment to make ends meet . I sure do admire the farmers out here though.
look i know its a small part of this but, as a person with lots of family in IA and MO i can't help but appreciate this guy havin the self control to tell the bank that he would not borrow 2 mil to build hog barns.
Nothing ever tells these guys (this includes chicken farms) by the end of 7 years you're going to need serious maintenance on these hog barns/chicken houses. Which ends up negating the fact that they're paid off. Also, the companies like Tyson chicken or Simmons, they require you to upgrade your facility to their standards or they wont keep a contract with you.
There are some great incentive programs and many programs that pay farmers during drought conditions. Friends have been able to survive that kind of debt.
This is why everyone who can should raise and grow as much as they can of what they eat if 1in 10 households just raised chickens the layer industry would-be out of business Americans need to become self Sufficient again support our local farmers and community
I grew up in a town of less than 500 in rural south dakota. The local livestock auction yard put a feed lot right on the north west edge of town. So on hot days with any breeze that's all you'd smell. And of course you'd hear "smells like money". Finally I'd heard that enough and my reply started to be "yeah, well it's someone else's money so it smells like shit to me"
In Germany around my Place, Farmers started to combine their Buisness with green Energy Production by interlinking their Production lines with that. Allows them to do the "Green Stuff" while making a good Buck by reducing their Recource costs while as well getting some additional income from the Energy and Biogas. That is why in my Part Food is absoluteley great (most would consider it luxurious) and Energy cheaper.
Are you referencing how he would have trouble with hogs being near a water supply? Because that's a prime example of why government regulation is important lmfao. I'm no fan of excessive regulation, but sometimes people won't make responsible decisions.
I grew up in Albia in the 80's and left in the 90's... i am going follow. I am sure we know some of the same families... good luck farming and RUclips!
Bro, my dad is like 70 and still works 60 hours a week for his farm, it just never ends. He makes decent money, but there's no retirement in sight, so I hope I can provide for him soon
Hogs and chicken barns have been popping up everywhere around me… I’m in southwest Iowa (Loess hills area) and within the past 4-5 years they just started popping up everywhere
I lived around Bloomfield ia. And their are a lot of hog barns in his area. He's around ottumwa ia I worked for heartland pork Then Christensen farms. I worked 7 years managing 2 13,000 head barns around Bloomfield ia
I did as assignment in Ottumwa and multiple co-workers spouses or parents had commercial hogs. There was a great meat shop that I got to see hogs and cows delivered that were slaughtered. Some damn good meat.
A strategy we’ve employed on our farm is doing a lot of custom work and making enough money off of that to not need an operating loan, you pay off the equipment you use for the custom work, which is a long-term bank note which has lower interest, so you still gotta borrow money, but it’s cheaper money And it can help justify larger equipment
@@Slayerx2010 dont pay this idiot no mind. It doesnt understand that the SECOND you remove those subsidies, he wont be able to afford food almost immediately lol. He'll pass skinny and starved.
I agree sometimes college don’t teach you real life lessons there more interested in teaching you a program on genetics than just putting a plant in the ground to make a profit
Yes and no. College is very good for learning technical and scientific information, it’s not designed to teach you life lessons. If your family has the money to send you to college go for it. I got my chemistry degree and it was worth every penny, especially as it applies to agriculture
@@johnsailor6081 in your case I agree I should have payed more attention in school myself now I’m working on trying to figure out chemistry but just know enough to get myself hurt lol one thing I do know about college I payed them over $100000.00 for 2 girls and there both into doing something totally different when they got out
A very similar thin happened to friend of mine 40 years ago only his were for cattle. He went with the Farm Credit people and 5 years later he went broke and had to auction off most of his equipment and some land. Due to exceptionally hard work and an exceptionally hardworking wife/partner (24/7) for years mixed farming and operating logging trucks they are now multi multi millionaires
"he works through summer and winter he grinds all through the year but the bank loan works the hardest and the pressure is severe" - 'de boer dat is de keerl die 't mot doen'/'the farmer is the dude that has to do it' by Normaal 1982 (translated from dutch)
I built pig barns for a year in the late 90's. It seemed like every other farm was in need of at least 2. Never met so many Dutch nationals in my life. Market shit the bed about 2-3 years later.
Get an old used combine and planter, work on them all year. Buy some seed, plant it while you work on your old planter the entire time. Hopefully you have a way to spray your fields. Now harvest your fields while still working on the pos combine you bought. Do this for 5 years until you can afford slightly less shit equipment. That’s how me and pops have done it and it’s taken both of us working together but we’ve finally made some progress after about 10 years in row cropping after transitioning from dairy.
Best way to start out is with Cotton. Had a farmer down the road had the cotton machines. started a deal with him 50/40 to harvest the cotton on my famliy's land. 10% split right down the middle between us our 5% went straight to pay recoup cost of seed and fertilizer and pay land taxes at the end of the year. His 5% went for maintenance and fuel for machines he used there. It might not sound like much but it was a huge boon for both of use as that freed up his budget on his other machines maintenance and fuel. The rest was all profit on my end and gave him a huge boost to his profits as well because he wasn't worrying about the growing costs to begin with such as irrigation.
Great points! If You wanna go farming and growing, You have to figure out wehat options are best for your partincular context or set of longterm goals. There are many alternatives to the mainstream conventional agriculture industry that are financially feasible and take much less to start. The trick with the alternatives is effectively managing the complexity and increased labour requirements without adding stress.
Manure management has been made stank free. Check out what they're doing with dairies. separating the cellulose from the manure, sending the liquid to the settling pond (that is a sealed bladder), harvest the methane from the bladder, run a generator and gas appliances with the methane. The clean cellulose gets spread on the fields for decomp fertilizer.
Sounds just like the 70’s all over. Production Credit Association (Farm Credit Service today) was calling on every farmer in the country wanting to loan them money to build livestock setups. Then interest rates in the teens forced all those folks out.
My mom wanted to get into the bull and cow business awhile back but so thing I remember j.b mauney said about the business is “you you wanna be a millionaire you better start off a billionaire in this business”
YES ,YES !!!!!One of my customers had their Bs, bank try to pull a stunt like this with him"If you dont grow ,youll go out of business " He carried on buying with cash like more farm land , and is doing fine.....His Micky mouse Bs bank just went bust LOL
My uncle put up several hog barns years ago in NW Iowa! He had several neighbors sue him over the smell, he paid them off because of that suit, but also because he knew what the hog barns would produce long term!!
My boss’ daughter took out loans to plant squash, I did all the planting/harvest, managing the pickers for her the 1st, 2nd & 3rd year, she made bank then the 5th time someone else did the job & she lost her $100k loan! I never got any credit for doing a good job lol
When my big check comes in I'm giving out Grant's to farm so they can make a profit and I can get fruit meat and veggies on the cheap. We gotta support our farmers y'all
I wouldn't mind having a smaller farm; like 8 acres for variety of crops, corn, potatoes, wheat. 4 acres for fruit trees; apples, mulberriers, grape vine. Cozy house, shop. Imho; the government should try to get more smaller farming communities established, help small farmers. Squash too. 30 head cattle, chickens or ducks. Small cannabis plot, maybe an indoors grow on about 1 acre, sell my own cannabis. Maybe southern border of Minnesota, couple hundred miles south of that for easier time in the winter. Thaw starts around end of January on warm winters around Northern border of Nebraska, it gets warmer.
Be a debt slave. That's what they try to sell you.
Debt is fine if you have a real plan.
They'll give you a 10-20 year loan on those hog barns. If they generate enough revenue to pay them off in 7-10 years that's a WIN
But it takes time, planning and knowledge.
Don't be a sucker and try to work with local community banks. Go in the bank with a plan and projections.
@@johnbracewell3700 facts 💯 how can you be a slave if you pay it and make millions off of it
Debt is what fuels innovation and growth
Debt is the key to getting rich or even wealthy. There is nothing else to it, that is the secret of rich people. Period. Debt.
If you know what you are doing
I don’t know how you go on RUclips and you don’t know that
Damn this comment thread got millionaires in it 👀 lol
My first farm loan for row crops was 150k. I had never borrowed a penny before that. Next year it was 300k.
The week I started harvest I went to the bank to pay off my loan. The banker didn't want the full payment 🤨 he kept trying to tell me I didn't have to pay it all at once.
Banks make money off the loans I did the same thing and the turned me down on my second loan because they said my credit score paying off the loan gave me a bad score I never went back to that bank good for you capital pays off at the end of the day keep smiling
@@Onealfarm9967 a simple concept that a lot of people can't grasp😂😂
Yep. They want that interest out of you.
"Credit score" is just a nice way of saying slave points.
@@richardmoore609 I never thought of it like that, but damn you’re right.
The worst sign for a society is when it starts screwing over farmers. Historically it always ends disastrously.
Holodomor
@@shadowsanddust2Totally different situation, not remotely comparable.
Agriculture is in the top 3 for government subsidies to help farmers. And it should be, like you said historically not helping farmers get started/stay afloat through hard times is when you get famines. But where is the society screwing over farmers? It's gruelling work with long hours but let's not pretend the US is out here hurting farmers.
@@davidcox1472 over analytical mouth breather
@@davidcox1472
I assume through little to no taxation on imported Meat, Vegetables.. grain, fruit making.
I also assume just like the *Greenies* shut down Highly Environmentally Regulated USA 🇺🇸 companies.. farms are shut down due to environmental costs.. then the greenies celebrate as the Virtue Signaling does Not demand they follow to see where that same product comes from after its out of the USA.
I was a greenie. Then I found it was just another tool to wipe out middle class america...because after American Widget maker is gone,,, the Widget continues to be produced overseas or South, with Little or Zero Environmental Concerns
.Gov doesn't *hurt* USA Manufacturer.. but it doesn't help them compete ultimately dooming them.
Not to mention, if you suddenly have a massive hog farm, you need someone to sell your animals to.. if the local infrastructure for hog farming isn't around, you're gonna be shipping them awfully far.
Around NWMo, there are some big barns around. St. Joseph has a processing plant that averages 8000 per hour 6 days a week. They are shipped in from all over Nebraska, Iowa, Kansas, and Missouri. You supply the facility and Utilities to their specifications. They supply the rest down to the Vet and feed, trucking all of it. You deal with the Manure. Don't get greedy and it works.
Hog barns in the Midwest are owned by farmers but the hogs and feed are brought in and out. Farmer just raises and waters a product. Same with chickens and turkey which are owned by tyson, who own the slaughter house.
@@SteveSmith-mu2fy Yup and you get the free fertilizer.
@thegreenerthemeaner I remember watching something on how that practice works, was a documentary on US chicken farms I think. Any experience with it directly? Does it work well/require and subsidies?
@@suburbangardenpermaculture3117 most crop farmers i know do have second jobs, that said... running a profitable farm in most areas is a full time time, having a second career and then also a family can e difficult. If your making it work great.
An old farmer was once asked what he would do if won the lottery. His response: " Keep farming until the money ran out."
If he won the lottery and used that as capital then he shouldn't run out.
It’s a joke bro
@@ELKORA2324 Same.
@@BI-11y_TheStormTrooper Farms lose money as much as they make money. There is a reason there is the term 'bumper crop'.
Crop insurance exists solely to help you recover the COSTS of planting. It doesn't cover the potential lost profit of a failed crop. Farmers get loans based off Cash flow, not capital. That's the sick nature of today.
@@Cragified twas a joke.
19, kid on the way, and just started my first row crops. it's only a little over half an acre but I just harvested about 200 pounds of red taters and have peas, corn and watermelons coming. Been doing it all myself and man it's some of the hardest but most rewarding work I've ever done. I love it
How much do you think you'll make?
@@brandonagnew5618 not sure hoping at least 10-15k
You're the future. Thanks for feeding America
Stay strong
Of course you love it, you're still in the honey moon stage.
Went to an ag program at a local technical College in Wisco. The instructors told us we would all need to take 1.5 million minimum to get started no matter what you wanted to get into. They'd tell us which banks to go to and how to get into the most debt. I quit that program after 2 semesters.
It took you 2 semesters to realize that ?
@Jordan Harvey I was never planning on having a big farm and mostly was exploring my viability in school at the time. I was interested in home/farmsteading and the ag program was what they had that related. I learned a lot in those two semesters. A lot about what not to do and what a scam the system is. I feel bad for all the kids going into big ag thinking it is farming, and they end up going along with what the program teaches.
@@jordanharvey2163 thanks for paying for those 2 semesters ; )
@WhygowegaBusch first of all, I didn't pay for you hack degree. If you need college to learn to farm or agricultural or need college to learn it's all about money. You are in the wrong industry.
@WhygowegaBusch you don't need college to farm. It's easier than doing concrete work. Farmers today have chemicals, cheat sheets and tons of data and help.
Start small , market, deliver and word of mouth will make your business and relationships flourish. I’m. Butcher that shows ppl cost savings and if they ask then we get into the cut and cow. The reality is those who understand good meat and trust what you’re saying at a fair price will feed their families and be totally reliant and reliable. Ppl think I’m small minded but look what craft beer and micro-breweries have done and this whole thing is about to become trine and relevant; and it should it’s good for ppl.
Dude.. I’m a black man from NY so I know nothing about the world of farming, but it’s always been my dream. I want to be a farmer, and I want to have a farm one day. When I was 22 (about 7 years ago) I went to work on an animal ranch up in the mountains of Santa Rosa, Ca. I love animals and nature, and it was one of the best times of my life. It’s my goal.
Santa Rosa is my back yard!
Beautiful but stupid expensive!!
Move to Montana and be a shepherd then , get out of New York before prices fall .
How do you become a farmer in Montana? @@BI-11y_TheStormTrooper
8 miles from me is Nicodemus Kansas. All black settlement and still a few black farmers left.
Hope you get to live your dream.
I worked for one of the biggest pork producers in Ohio. And let me tell ya, when he talks about “when it smells like money” those are facts. Even on the weekends when I wasn’t working, I still smelled like “money”
I hope you get your sense of smell back one day…
The day no pigs will die
@@JPE432 i like slaughtering pigs in my farm in inhumane ways for bacon
Bacon is delicious
@@JPE432 that day is when pigs are extinct. It would be a truly sad day, losing another species, and bacon.
They don't want small farmers anymore they want these huge corporate farms that farm hundreds of thousands of acres we tried we started with bout 300 acres but starting out buying the equipment and everything you can't make money!
Collectivization. Stalin did that in the 1930s in Ukraine. People starved.
Yeah it's rough
It's called the Free Market.
@@ObiwanNekodylol the agricultural market ain’t free
It’s influenced by government subsidies and lobbying just like everything else
@@ObiwanNekody the "free market" keeps everyone but the wealthy down. Unfortunately the US lobbies over ANYTHING that makes money.
Money makes more money ya know?
Honestly good guy to think about other people and how their water is affected.
A real farmer
Not really up to him though. Thats why we have natural resource departments to control that stuff, relying on the kindness of others historically doesnt work out great. He didnt build them cuz of iowa DNR like he said in the video, thats why regulation is essential for communities to last for generations.
No. Thinking of regulations
My parents inherited hundreds of acres of farmland and farmed it for 15 years till I made them realize they’re pulling their hair out worrying about everything too much. I helped convince them to stop and simply cash rent it to someone else. That was absolutely the best decision
I get it made life easier for y’all, but you really just passed the buck on to someone else that’s gonna have it even worse than y’all ever did. You understand that, right?
@@Casperski1312 I dont think anyone honestly cares anymore
@@morphius747 until it personally affects them, no.
Yeah give that sucker my problems 😅
@@Casperski1312That's the beauty of it. Not your fucking problem anymore
At least this guy is smart enough to be environmentally conscious of the impact from hog farming ventures on underground water quality!
Banks always want to place debt secured by land on inexperienced farmers to quickly secure property to be resold, put money in their pocket and concentrate ownership to their larger owners. I've not met a banker that I can trust, except a few smaller Credit Union ventures. (They won't make you rich but they won't trick you out into the streets like bankers).
@Skylar Montgomery You might be right but.... He seems financially smart enough to limit his legal liability and NOT damage the environment for legal and/or lawsuit reasons! His arguments seem well thought out and inclined to limit his risk in a somewhat new farming venture.
BUT, There is really no way either of us can prove our opinions. But my opinions aren't based on prejudicial bias against some agricultural/animal husbandry worker planning his future based on his sweat equity.
@dilbertjunkmail if you can see the water reports and plans of cities like Des Moines of building a filtration and storage system north of the city. This was looked into because the water quality of the Des Moines River because of runoff of chemicals, like fertilizers, and improper dumping of biological wastes by people/ companies. Usually into pits or straight into water sources. I was brought aware of this stuff living in Iowa from working at a salvage yard and their mishandling of their runoff directly into a stream.
The advice given to them was take your samples at the point the stream enters your property. The reading will be lower and will less likely trigger a DNR visit. Which are supposedly rare to begin with.
@@carpetlayenful My limited knowledge of animal husbandry won't allow me to contribute much to management of this type of waste runoff, however my previous life in permits leads me to believe any runoff operation must be approved (permitted by county or state) and The sample points approved in the permit process. To contrast the effect, the regulatory entity (county or state) should have water quality samples downstream and upstream of the operation to review the future operations effect. I would imagine the runoff standards (effluent) are the same as waste treatment plants and readily published and that this operation would be fun the same I that large quantities of the waste must be contained then treated before removal. Large amounts of this waste should be marketable as as fertilizers but a lot will just need removal as solids. Most likely after liquid drainage from the breakdown (digester) of the organic waste. Very similar to a permitted waste treatment plant.
It’s pretty sad that a lot of farmers have to live in crushing debt to actually farm
You do not have to live in crushing debt to farm. Lots of people get into farming by buying a bit more expensive house on an acre or two an hour out of town and build a big machine shed on it and do harvesting or spraying or seeding in the area and grow their fleet and services and eventually get into renting land directly and then get into actually buying land.
People borrow in farming for the same reason they borrow in any other business, because they want to grow faster. End of sentence. It's literally just a leverage tool.
That’s why you hire immigrants fuck it if they wanna be bitches be bitches back the government used slaves why can’t we 😂
@@kkknotcoolwho cares. Cheap debt has fueled the biggest growth Ponzi scheme in human history and we're staring down the barrel at the results right now. If everyone needs debt to do any and every thing in society that just screams unsustainable and doomed
That’s “freedom” in our beloved Union
@@kkknotcool and where would you get the money from?
That's why I support all my local farmers and buy local eggs, vegetables, fruit, etc.
Thats good to a point. You have to realize that small or medium farms sell the majority of crops to big corporations like busch etc.
That’s great. I don’t remember anyone asking tho
good for you, but you must understand 99% don't do the same and never stop to consider where the food truly comes from.
Don't know why people's being rude!! I just support them is all I said and buy from them when i can! , i didn't say I don't still buy mainstream products from big corporations! Not a damn thing wrong with what I said!
@@cuda861 many seed companies like pioneer for example rent the land from farmers to grow seed corn on so it’s pretty typical they get taken advantage of
After 5-7 years when u get paid off they’ll come inspect your barns and tell you u need to put 1.5 million in repairs and upgrades to stay within the standards they expect with they’re producers. Saw the same song and dance from Perdue and some friends of ours who raised turkeys
I was thinking that you'll make enough revenue to pay off the farm in 5-7 years but have to allocate money revenue to buying a car to get around
They want to stimmulate their other investments. The banks are also invested in pesticide companies, synthetic fertilizers, animal pharmacy, animal feed. So investing in a sustainable more productive farm is not as beneficial as investing in a farm that will increase profits for companies they have stakes in. This causes farmers to be indebt and the envirement to be in bad shape. If course this has more impact on the farmers themselves and the people and nature around it than on the investers and the banks. Classic market failure. This is also why subsidies for farmers dont actualy benefit farmers at all but the industries that farmers rely on. All agricultural subsidies are for the agribuisnes, not for the farmers. They are only sold as subsidies for the farmer.
This is true. My parents run a poultry farm. After 10 years and less that 10% of the loan to pay off, they came and said you need 600k in upgrades or we're going to stop bringing you birds since your chicken houses dont meet our standards anymore.
Many of the farmers that went under in the late 1970's were good farmers. But they had followed their lenders suggestions to keep expanding and improving. When things started to turn to manure in the ag-economy, all these lenders wanted immediate pay off of their loans. Which is impossible because the net worth is in the operation and not in dollar bills. That is how some of the good farmers went under in those times.
@@EmjayX55 yeah
..... which is the fuxking law... you did something its wrong now you have to fix it
Thank you for thinking of your neighbors. That's something some people just don't do anymore.
I feel like we really need to start caring more for our farmers.
We need grocery stores to stop making 300% on groceries. Charging farmers pennies then consumers hundreds
why do you "feel like"
you been sniffing salts again buddy?
@@boerbeun yup. 😄
Every farmer I know is a millionaire and then some. I'm not sure you know what you're talking about.
@@jamesdagmond your friends must farm gold then, because no farmer is a millionaire 💀
The banks main goal is to get you to pay for majority of a property they plan on reclaiming. Having you go through the due process and struggle so they can harvest your work. They wanted him to take that loan knowing the location would be shot down for a pig farm because of runoff into the water supply. But then he could be on the hook for 2 million with no way to make any money to pay back so he could be foreclosed on.
Most banks require insurance on their loans so they don't get the property if you go belly up. You make them sounds pure evil when they make money off of loans that they don't force people to take.
@@dudeman5300 Do you know the Insurance type your referring to? I only know of mortgage insurance which only protects the lender and in case of foreclosure still forfeits the house from the loaner. The bank remains the owner.
"i dont have much, just came kut of college"
"Ah, fresh out of college eh? That means you're eligible for the Diamond Debt package, how does 2 million sound?"
I'm really appreciating he had a thought about how his business decision would effect the water supply and the local community.
I started farming 500 acres after I graduated high school with a $25,000 loan and bought the cheapest equipment I could buy and after sheer luck I started renting more ground and tried to stay away from the bank robbers. I now farm 35,000 acres that I own and the only money I take to the bank is for deposits. It's hard, but if you love what you do, you will become a successful farmer.
I'm trying to get into the business, do you think I could email you sometime to ask a few questions?
35,000 wtf ? you are nuts...fook that id rather have 500...
you just said you had sheer luck to get where you're at. 😂 try to stay in the real world for more than 5 seconds buddy. you are very very VERY fortunate to be where you're at. hard work is just what it takes to keep the ship afloat.
@jamesnm21 apparently you know nothing about farming. When it comes to renting farm ground you are lucky if you get to rent it due to 500 other farmers buttering up the owners to get to farm it. I'm fortunate that I got to farm that ground but luck does have a lot to do with it.
@@IdioticJenius that's exactly what I said. What part did I get wrong again? I'm confused.
And by the time they’re “paid off” they have to be updated in order to be able to stay in business.. just trying to keep you in perpetual debt
You mean every year lol. Yeah this here is last year's code...your gonna need to overhaul everything. Also since we already saw the violations we gonna have to shut ya down till your up to standards.
I have no debt... Well one more payment technically
Its almost as if the bank wants to set you up for failure. What a shocker
Once he defaults his land and farm is theirs, already set up and good to go... never trust the banks
Or they don't make any money if people pay their loans back immediately, they aren't going to lend out millions of dollars to people if they only make a small amount of money on the loan. We want banks to give us loans so we can make money but complain that the bank needs to make interest on the loans, like yeah its how a bank makes money.
@@dudeman5300Are you seriously defending banks right now?
If I go bankrupt, I’m fucked, I have to fix everything on my own- if a bank mismanaged their funds and overpay their executives, they just get another bail-out from the government
@@Space_CowboyHD Tell that to the 3 banks that went under this year. 😂
@@Space_CowboyHDexplainong=/=defending
ive noticed in my area alot of the younger dairy guys have left ,and just gotten jobs ,everyone else is pretty old
Dairy farming is a hell of a life. it's good money, but man, it's a commitment.
That's because you have to have money to start doing literally anything for yourself these days and us young dudes don't have any money to buy cows and land for hundreds of thousands of dollars I can barely afford gas in my car even when I have a job
They also tax the younger guys out of taking over the family farm
tough business
I remember in our ffa class my teacher said buy 2 chicken houses from Tyson one would pay for both and the other is your profit they didn’t tell you after 3 years into it you had to update your equipment in the barns that cost everything you made off the other barn then after you payed all your capital out you had to start all over lol at least you made money off the chicken litter like that’s going to get you rich
Chicken houses make $400,000 a year each after 10 years. But yes, it takes 10 years to turn a profit. Tyson is not the company to work for though. Hatching eggs is where the money is.
@@michaels.ramsey7803 I agree eggs today are pricey but everything changes year after year
Oh ya. Best advice for new farmers: DO NOT take a loan or sign any agreements with any corporate entity like Tyson or any of those guys. You'll get screwed no matter how good the offer seems.
@@michaels.ramsey7803they do not make 400k a year. I used to work for Mountaire farms. Revenue on a house is dependent on the square footage of the house. 33,000 sq foot goose will hold 38,000 chickens. You get paid out based on the head you place, paid per thousand chickens. So if they pay you 400 per thousand, a 33,000sq foot house makes $60,000 a year gross
@@Miked1332 yes !yes!yes! You would get lucky if you make it 15 years and then your health will take it away because of stress better to do it your self find that market in your area that buys what ever it is it’s not worth it Tyson started up in our neighborhood and I know how they operate now all that is going away because to many people got out now cattle farming has taken over and it’s dairy heffers for Kroger it’s a mess with over stocking cattle just to make a profit and it is damaging the environment
Accidentally took a 3 hour nap and I woke up to this playing on a loop. I instantly have gained supreme knowledge on hog farms and the inner machinations of hog farm economics. All I know now is hog farming and breathing.
Hog farm or death
@@stealthyturtles lmao I should change my picture to that
Is time we get rid of corporate America government
After you say that, I'm betting that you vote republican 😂😂😂😂
@@Jason-jb6jm love trump type guy
A i didn't listen much in schools guy.. but i think i know how government works
It seems like the globalists took control of the resources, food supply, etc and wealth.
What if corporate agriculture profit was put back into the economy and the workers only take salary and not billions of profit and it becomes a government agency to provide these necessities and jobs.
Seems like these people like Bill Gates took over the world and these globalists control our governments and economies. They just set up the system to gain power, profit and control over everything.
God's speed anyway.
@@Jason-jb6jm And after that i think you vote corrupt politi- i mean Democrat.
People like us should be funding this farmer
He gets plenty of funding, move along, move along.
Dude graduated college went for a job that doesnt require a degree but knowledge and connections.
That is also a majority of jobs that "require" a degree
I hate college and what it is but their major selling point is knowledge. 😬
Are u familiar with an ag degree?
@@Colin8or Not true
The best farmers I know went to college and got an agricultural degree. Anyone can make something grow but you need to know the science to maximize productivity
God Bless the farmers
Yeah, dawg, they were definitely trying to get you to take out that loan so you would get shut down, and they could swoop in and buy it for pennies on the dollar
I've been gardening for 3 years. I only had one season in that time when I didn't have to go to the grocery store for food
Growing food is hard, but the cost does go down over time
But mostly, I've settled on the realization that I may never maximize my gardens potential, so I mostly grow for seeds
Howdy neighbor! Thanks for choosing not to poison the lake.
Bankers don't care about the client. The farmer goes BK and they get farmland. Happened a lot.
This is exactly what it's like here as well. Talk to the bank manager and they tell you that you need to put up a chicken shed for 32,000 laying hens for about £1.5m. A few month later the market collapsed and a lot of the guys that took the banks advice have been paying interest only on their loan, knowing that the internals of the shed will need replacing in 15 years
These bankers don't care about what kind of impact to your reputation or the environment decisions like that could cause. Just care about the money
You say that as if it is something that even needs saying. of course a business is there to make money. Companies pretending to care is far worse than them just not caring. The ideal state of being is if the majority of those around you don't care about you. You have your family and whatever friends you chose to make. other than that, you really have no reason for wanting anyone else to care.
@@Snipergoat1We all need and all need to care about clean air, clean water and healthy soil and earth.
Hey I just need a couple grand for some seed to grow corn
Bank: “so you want $2 Million”
Small farmers are getting punished so hard these days and it's not American at all. They are literally the backbone of society. The most important central source of necessity we have. What the actual quack.
it's pretty american, this is what happens in capitalism with no regulations. americans don't like the government interfering with business or personal lives so when they don't and inevitably people who don't have the money large corporations have are taken advantage of.
@@purplefood1 not when there's a magic money maker that can give them the ability to evade failure. SO LONG AS they are subserviant to who controls the money printer. It's really extremely socialist and defeats a fair competition
You lost the war of 1812
Crushing the little guy is penultimately American. Yee haw!
Commodities businesses always consolidate over time into fewer producers. It's economy of scale. The bigger producers can make incrementally more profit on every unit of crop. It's almost like the laws of physics, they just "are".
This is a valuable lesson. The person who has your best interests in mind is you. Everybody else has an agenda, which may or may not be complimentary to your best interests, so it is important to be educated. And maybe a little skeptical.
Farming in the modern day is incredibly expensive despite it being the number 1 neccesity, and farmers get basically nothing for themselves unless they work at it until retirement. I'd recommend Clarkson's Farm if anyone is interested about learning of the headaches that comes with farming.
We had a sign over our kitchen door; "Behind every successful farmer is a wife who has a job in town".
Sounds like and independent trucker or 3 I know.
I’m just trying to make my small farm make any kind of money in Iowa. I work full time welding making grain bens at the moment to make ends meet . I sure do admire the farmers out here though.
Lesson learned: if you're thinking of farming as a career, check with your therapist about why you would make such a horrible, irrational decision.
look i know its a small part of this but, as a person with lots of family in IA and MO i can't help but appreciate this guy havin the self control to tell the bank that he would not borrow 2 mil to build hog barns.
Get him to sign for a loan he won’t be able to pay for and we can take his land when he defaults on it smh banks are so predatory
I’ll never be a farmer but hearing the shit these guys is some of the most informative and interesting shit I’ve heard in a whine
Nothing ever tells these guys (this includes chicken farms) by the end of 7 years you're going to need serious maintenance on these hog barns/chicken houses. Which ends up negating the fact that they're paid off. Also, the companies like Tyson chicken or Simmons, they require you to upgrade your facility to their standards or they wont keep a contract with you.
Just use the profit and build a processing facility, if you get enough farmers to chip in then you can bypass that .
There are some great incentive programs and many programs that pay farmers during drought conditions. Friends have been able to survive that kind of debt.
What a real guy
That 7-8 year payout will absolutely be a 18-20 year payout!!!
This is why everyone who can should raise and grow as much as they can of what they eat if 1in 10 households just raised chickens the layer industry would-be out of business Americans need to become self Sufficient again support our local farmers and community
I grew up in a town of less than 500 in rural south dakota. The local livestock auction yard put a feed lot right on the north west edge of town.
So on hot days with any breeze that's all you'd smell. And of course you'd hear "smells like money". Finally I'd heard that enough and my reply started to be "yeah, well it's someone else's money so it smells like shit to me"
This guy needs to head the dept of Agriculture
We support our local farmers in Ohio
We need to unionize our agriculture industry or we're screwed.
National farmers Coalition didnt even work in the 80;s ..I witnessed it all.
What so they can bully small farmers into dust ?
In Germany around my Place, Farmers started to combine their Buisness with green Energy Production by interlinking their Production lines with that.
Allows them to do the "Green Stuff" while making a good Buck by reducing their Recource costs while as well getting some additional income from the Energy and Biogas.
That is why in my Part Food is absoluteley great (most would consider it luxurious) and Energy cheaper.
the government ruins every thing
Sometimes like this specific situation, it makes sense
just add the work "mostly" everything, our country also made alot of things great.... but no one cares about the good stuff happening in the world
Are you referencing how he would have trouble with hogs being near a water supply? Because that's a prime example of why government regulation is important lmfao. I'm no fan of excessive regulation, but sometimes people won't make responsible decisions.
People makeup the government, so people ruin everything. Full circle 🤣
This is banks not the government
I grew up in Albia in the 80's and left in the 90's... i am going follow. I am sure we know some of the same families... good luck farming and RUclips!
They never get paid for in 7 to10.
Bro, my dad is like 70 and still works 60 hours a week for his farm, it just never ends. He makes decent money, but there's no retirement in sight, so I hope I can provide for him soon
He had you at 57? You better step it up if ya over 14..
@@davehughesfarm7983 Im in graduate school, so I can only help out in the summers
I think he meant to say, "you put up 4 or 5 hog barns and it smells like money, you'd be enemy number 2!!! ”
Hogs and chicken barns have been popping up everywhere around me… I’m in southwest Iowa (Loess hills area) and within the past 4-5 years they just started popping up everywhere
Bank: it was uh- a test! It was a test! You passed! Congratulations 👏
I lived around Bloomfield ia. And their are a lot of hog barns in his area. He's around ottumwa ia
I worked for heartland pork
Then Christensen farms.
I worked 7 years managing 2 13,000 head barns around Bloomfield ia
north of centerville I'd guess.
I did as assignment in Ottumwa and multiple co-workers spouses or parents had commercial hogs. There was a great meat shop that I got to see hogs and cows delivered that were slaughtered. Some damn good meat.
@@ericfarley1475 I lived 1 mile from Mark ia to the west and north. Off of fern blvd.
@@ericfarley1475Iowa farmer is west of ottumwa ia. I believe.
@@garywoody5594 hey gary, he mentioned lake rathbun. so I was thinking centerville .
A strategy we’ve employed on our farm is doing a lot of custom work and making enough money off of that to not need an operating loan, you pay off the equipment you use for the custom work, which is a long-term bank note which has lower interest, so you still gotta borrow money, but it’s cheaper money And it can help justify larger equipment
Definitely won't have to worry about any Iraq refugees working for you there.
I heard the best thing in farming is go small and premium. Especially if it’s a drug like coffee or camomile so you can get your return sales
Don’t forget to fill out your welfare paperwork. Farmer welfare needs stopped.
Better the welfare goes to farmers then ghetto trash
Then whos gna grow the food my guy? They cant survive without those subsidies.
@@Slayerx2010 dont pay this idiot no mind. It doesnt understand that the SECOND you remove those subsidies, he wont be able to afford food almost immediately lol. He'll pass skinny and starved.
We pay for the subsidies eather way. Weather it's through government welfare or food prices.
@@putinslittlehacker4793 food prices aren’t subsides. Subsidies and welfare shouldn’t exist.
He should have skipped the college and just built the barns. College is a waste of time and money
I agree sometimes college don’t teach you real life lessons there more interested in teaching you a program on genetics than just putting a plant in the ground to make a profit
Yes and no. College is very good for learning technical and scientific information, it’s not designed to teach you life lessons. If your family has the money to send you to college go for it. I got my chemistry degree and it was worth every penny, especially as it applies to agriculture
@@johnsailor6081 in your case I agree I should have payed more attention in school myself now I’m working on trying to figure out chemistry but just know enough to get myself hurt lol one thing I do know about college I payed them over $100000.00 for 2 girls and there both into doing something totally different when they got out
A very similar thin happened to friend of mine 40 years ago only his were for cattle. He went with the Farm Credit people and 5 years later he went broke and had to auction off most of his equipment and some land. Due to exceptionally hard work and an exceptionally hardworking wife/partner (24/7) for years mixed farming and operating logging trucks they are now multi multi millionaires
"he works through summer and winter
he grinds all through the year
but the bank loan works the hardest
and the pressure is severe" - 'de boer dat is de keerl die 't mot doen'/'the farmer is the dude that has to do it' by Normaal 1982 (translated from dutch)
I built pig barns for a year in the late 90's. It seemed like every other farm was in need of at least 2. Never met so many Dutch nationals in my life. Market shit the bed about 2-3 years later.
Get an old used combine and planter, work on them all year. Buy some seed, plant it while you work on your old planter the entire time. Hopefully you have a way to spray your fields. Now harvest your fields while still working on the pos combine you bought. Do this for 5 years until you can afford slightly less shit equipment. That’s how me and pops have done it and it’s taken both of us working together but we’ve finally made some progress after about 10 years in row cropping after transitioning from dairy.
Love the context. Totally understand the story.
A man with common sense!!!! Thinking steps ahead
Best way to start out is with Cotton.
Had a farmer down the road had the cotton machines. started a deal with him 50/40 to harvest the cotton on my famliy's land.
10% split right down the middle between us our 5% went straight to pay recoup cost of seed and fertilizer and pay land taxes at the end of the year. His 5% went for maintenance and fuel for machines he used there.
It might not sound like much but it was a huge boon for both of use as that freed up his budget on his other machines maintenance and fuel. The rest was all profit on my end and gave him a huge boost to his profits as well because he wasn't worrying about the growing costs to begin with such as irrigation.
Great points! If You wanna go farming and growing, You have to figure out wehat options are best for your partincular context or set of longterm goals. There are many alternatives to the mainstream conventional agriculture industry that are financially feasible and take much less to start. The trick with the alternatives is effectively managing the complexity and increased labour requirements without adding stress.
Manure management has been made stank free. Check out what they're doing with dairies. separating the cellulose from the manure, sending the liquid to the settling pond (that is a sealed bladder), harvest the methane from the bladder, run a generator and gas appliances with the methane. The clean cellulose gets spread on the fields for decomp fertilizer.
I have yet to smell a field that i pass that didn't smell like Money try again.
Sounds just like the 70’s all over. Production Credit Association (Farm Credit Service today) was calling on every farmer in the country wanting to loan them money to build livestock setups. Then interest rates in the teens forced all those folks out.
My mom wanted to get into the bull and cow business awhile back but so thing I remember j.b mauney said about the business is “you you wanna be a millionaire you better start off a billionaire in this business”
Best of luck to ya fellow Iowa Boy!
In some windier areas, folks line up to surf the lagoons.
True fact...
YES ,YES !!!!!One of my customers had their Bs, bank try to pull a stunt like this with him"If you dont grow ,youll go out of business " He carried on buying with cash like more farm land , and is doing fine.....His Micky mouse Bs bank just went bust LOL
My uncle put up several hog barns years ago in NW Iowa! He had several neighbors sue him over the smell, he paid them off because of that suit, but also because he knew what the hog barns would produce long term!!
We need you guys, keep feeding us
My boss’ daughter took out loans to plant squash, I did all the planting/harvest, managing the pickers for her the 1st, 2nd & 3rd year, she made bank then the 5th time someone else did the job & she lost her $100k loan! I never got any credit for doing a good job lol
Bro imagine being born into such luxury. Being never worrisome.
If you missed it that's why Iowa is a part of the Midwest and not Kentucky, Midwest kindness extends to everything from a true Midwesterner
Good man stay wise.
Food, Fuel, Firepower.... a real, legitimate nation must focus on these 3 things.
This here kid from ks is great smart sharp and a damn hard worker keep it up bud we need more like you!!!!!!
When my big check comes in I'm giving out Grant's to farm so they can make a profit and I can get fruit meat and veggies on the cheap. We gotta support our farmers y'all
What an awesome farmer!
I wouldn't mind having a smaller farm; like 8 acres for variety of crops, corn, potatoes, wheat. 4 acres for fruit trees; apples, mulberriers, grape vine. Cozy house, shop.
Imho; the government should try to get more smaller farming communities established, help small farmers.
Squash too. 30 head cattle, chickens or ducks. Small cannabis plot, maybe an indoors grow on about 1 acre, sell my own cannabis. Maybe southern border of Minnesota, couple hundred miles south of that for easier time in the winter. Thaw starts around end of January on warm winters around Northern border of Nebraska, it gets warmer.
The big money controls the direction of people's lives and the county with situations just like this
Great fishing lake
Amazing story... crazy
YEP!! Same here in Kentucky Lol