No wonder land sales haven't flinched. The problem with farming is land is multiple levels of insane price wise. Just give these old guys more money, they'll just bid the next land sale up that much higher
@notsimplyorganic1053 considering a quarter of Iowas farm land is owned by investors, and a quarter is owned by widows or other (people that have inherited) - I would say that's statically inaccurate... although to your point, if 1031 laws were not custom tailored, it would likely result in lower land prices... farmers are in competition with eachother - add the inblance of tax code and things go out of whack
This is just some supply and demand. There are plenty of farmers around the world who have no alternative. There are also plenty of farms still making money around the world.
@@DrFarmerKnight South Central MN. County average 61 in a decent year. Expect low 70s on best ground. Personally will be way below that this year. 28% drowned out, and Hoping 50 on what's left. Mud from May until mid July, not much rain since.
The help should be for young farmers. There should be limits on who can get what. We don't need any more consolidation into bigger farms. We need more total operations and operators. Too big to fail? No such thing. If your large and no longer in charge, then get the hell out.
I’ve take govt money on the conservation side, and have cashed in on infrastructure deals and or special financing for expansion and improvement. I can’t claim I’m innocent, but while measurable, the contributions aren’t significant to where I’m at today. I made money this year. I don’t do anything like my neighbors. I’m the bad guy.
Supply and demand. Free market capitalism will work things out. Let the chips fall. We aren’t going to go hungry. Maybe this will purge the bad actors and open the doors for some young families to get into the game.
... according to the iof ........ there was no injuries they even had time to change their daipers whilst the missiles were having a break for sunday school.
Yes - there will be. Who knows what its mechanics will be, but if it helps kick the can of the farm bill closer to a finish line, so be it. Many arguments against it you read or hear (here and in other places) are the same arguments that have been made since this became a practice in tough times, since the 1970s/1980s. They aren't going away, they aren't going to stop, they will be modified as the economy and the governmental needs dictate. I, for one, will be grateful if and when it happens.
What does that even mean? Would you like to see WW3 if it helped grain markets. How about getting rid of GMO grain so we can compete with Russia on the world market. No one wants it.
Central illinois 1 st time I’ve seen 100 bu beans and 300 bu corn. Im 75. Dont feel sorry for farmers in this area . They are all multi millionaires . Land prices here $16000-18500 per acre. No distressed farmers here
Millionaire in net worth isn't in cash ... unless you mean they need to tap into thier assets (i.e borrow against thier land) to stay in business. You suppose Microsoft, Amazon, and others borrow against assets just to keep in business
Why would that be? As a small beginning farmer DO NOT DO THIS maybe instaed of buying over priced land and equiptment they should have saved all the money they have made the last 13 years.
@jeffreysmith9856 how do you 'save money' when jts taxable ... farmers have statically made less than 10% - which isn't much to 'save' ..in many cases farmers owe tax on money they don't have
@@Blackearthexcavationandtiling always seems to be the people that don’t have any skin in the game that are always the know it all experts aren’t they?
Can’t have thousands of farmers going bankrupt in the same year a few each year no problem. They want cheap food they don’t want us making money hand over fist and food being 60% of the average families spending
I for one would love the government to completely get out of our business altogether. No more subsidies no more fake government reports let the free market do its thing… I don’t think the consumers would like it though. Everybody needs to remember the number one job of the USDA is not to help the farmer out but to make cheap food for the US consumer hence the reason the farmers always get in trouble
Very little subsidy makes it to actual food. And then what? You put this money out there to help farmers but nothing in the system gets fixed. No farmers are working together to control their own product and production. So what happens in 25? Every Farmer's just going to go in and do their biggest yield that they can and then we're right back end of the same boat
Ahh yes give more money to big farmers and let them buy out the small guys. Why do we need money there has been 3 years to contract grain for record highs for the next three years. It’s not my fault you went and bought new equipment and land expecting things would stay high.
Tell that to the guys on the east coast with terrible corn yields crop insurance won't be enough to help you on. Not everyone had record yields this year
@@uhohspagettioh97531spoken like someone who hasn’t managed a farm. If everyone had a crystal ball it would be easy. When inputs are at an all time high you are stuck buying them, you can’t cut back they have you by the balls and when prices drop so far you are going to be negative. If it was just a few farmers it’s no be deal but when it’s thousands it’s a problem they have to help the little guys. I actually won’t mind them just letting all the farmers go bankrupt cause the big ones like us will make it through. There are 3500 farmers in America that farm over 3000 acres. If we could gobble up all the small farmers then the big ones could unionize. We could tell the seed companies what we’re gonna pay. and we could take the billions in profit they all make and put it back in our pocket.
The farmers need to lobby the govt & those decision makers who allowed this fiasco & demand that the errant politicians pay the farmers in full from their govt salaries, not from the public purse. The govts created this mess.
Remember how much of your money they have wasted over the past few years. Every penny you receive or keep is one that won't be wasted or be used on something that is likely actively against you or your interests
No wonder land sales haven't flinched. The problem with farming is land is multiple levels of insane price wise. Just give these old guys more money, they'll just bid the next land sale up that much higher
@notsimplyorganic1053 considering a quarter of Iowas farm land is owned by investors, and a quarter is owned by widows or other (people that have inherited) - I would say that's statically inaccurate... although to your point, if 1031 laws were not custom tailored, it would likely result in lower land prices... farmers are in competition with eachother - add the inblance of tax code and things go out of whack
Send farmers a govt check and Im sure completely by coincidence, up will go Chem, fert, and seed prices the next year.
They already have
You seem to have amazing Powers of Observation!
This is just some supply and demand. There are plenty of farmers around the world who have no alternative. There are also plenty of farms still making money around the world.
All an aid project does is prop up land values so investors feel good about the insane money they spent on land. Let the investors fail.
Mismanagement of foreign policy…No farmer wants anything from the federal government other than honest transparency and accountability.
How about no death taxes and no more property taxes. This will fix it
America is meant to be the home of capitalism and innovation every five minutes there seems to be people wanting government help
Many Successful Businesses Had Government Help.. Bud.
@@buzzdanker2832or bailing out poor lazy people.
@@kevinnoah-i4o Or Successful People Who Went Thru Hard Times You Misinformed Person.
and in other news...harvested 60 bushel soybeans in central Iowa yesterday.
Not great? Or what's normal there?
@@lynwessel2471 we are right at the county average. Where are you at? What's your county average for soybeans?
@@DrFarmerKnight South Central MN. County average 61 in a decent year. Expect low 70s on best ground. Personally will be way below that this year. 28% drowned out, and Hoping 50 on what's left. Mud from May until mid July, not much rain since.
The help should be for young farmers. There should be limits on who can get what. We don't need any more consolidation into bigger farms. We need more total operations and operators.
Too big to fail? No such thing. If your large and no longer in charge, then get the hell out.
IN the beef industry, under 70 is young
The son's of the biggest farmers are all claiming the beginning farmer funding by starting their own entity.
Subsidies are for ADM, Cargill, and whoever else does business with farmers. Farmers are just the middle man.
How else are the banks not going to take massive losses?
I’ve take govt money on the conservation side, and have cashed in on infrastructure deals and or special financing for expansion and improvement. I can’t claim I’m innocent, but while measurable, the contributions aren’t significant to where I’m at today.
I made money this year. I don’t do anything like my neighbors. I’m the bad guy.
Supply and demand. Free market capitalism will work things out. Let the chips fall. We aren’t going to go hungry. Maybe this will purge the bad actors and open the doors for some young families to get into the game.
like bill gates?
I needed a good laugh this morning thanks!
@@ttanne7838 I was thinking more like China 🤷♂️
I don't think Cargill, kellogs, jbs or any other conglomerate cares about farmers
@@bertownie14 farmers are getting farmed. I still don’t want my tax dollars going to a bailout though👎
That's dumb. They should help the farmers who have a crop disaster.
... according to the iof ........ there was no injuries they even had time to change their daipers whilst the missiles were having a break for sunday school.
Good morning! Will there be a one-off government payment for farmers during the next 12 months?
to busy WASTING MONEY putting up windmills and destroying ground with solar panels
@@ttanne7838 or poor marketing planning.
Yes - there will be. Who knows what its mechanics will be, but if it helps kick the can of the farm bill closer to a finish line, so be it. Many arguments against it you read or hear (here and in other places) are the same arguments that have been made since this became a practice in tough times, since the 1970s/1980s. They aren't going away, they aren't going to stop, they will be modified as the economy and the governmental needs dictate. I, for one, will be grateful if and when it happens.
Maybe Tucker Carlson can interview Putin again and get to the bottom of this story.
What does that even mean? Would you like to see WW3 if it helped grain markets. How about getting rid of GMO grain so we can compete with Russia on the world market. No one wants it.
Good morning
Central illinois 1 st time I’ve seen 100 bu beans and 300 bu corn. Im 75. Dont feel sorry for farmers in this area . They are all multi millionaires . Land prices here $16000-18500 per acre. No distressed farmers here
Millionaire in net worth isn't in cash ... unless you mean they need to tap into thier assets (i.e borrow against thier land) to stay in business. You suppose Microsoft, Amazon, and others borrow against assets just to keep in business
I know the kind...Not a fan.
1 that is one of the best spots in America for growing.
But most of them are still multiple millions in dept and live off borrowed money
There's going to have to be some kind of a payment
Why would that be? As a small beginning farmer DO NOT DO THIS
maybe instaed of buying over priced land and equiptment they should have saved all the money they have made the last 13 years.
@jeffreysmith9856 how do you 'save money' when jts taxable ... farmers have statically made less than 10% - which isn't much to 'save' ..in many cases farmers owe tax on money they don't have
@@Blackearthexcavationandtiling always seems to be the people that don’t have any skin in the game that are always the know it all experts aren’t they?
@@jeffreysmith9856 Absolutely, I am fifth generation farmer. Its a joke, these guys have not learned a thing from the past and never will.
@@MynameisEarl1981 that's accurate!
So Socialism is ok for poor marketing planning??? My tax dollars for Millionaires.
It's not socialism... it's statism ... you just don't understand the difference...Google the definition and educate yourself
Can’t have thousands of farmers going bankrupt in the same year a few each year no problem. They want cheap food they don’t want us making money hand over fist and food being 60% of the average families spending
Stop giving Aid to Farmers. If they can't make it on their own maybe they shouldn't be doing it
When you talk about Trump being elected, remember phase 1 and failure of this administration trade deals
I’m not in favor. Sounds like vote buying. Call it what it would be…..land OWNER support!
I for one would love the government to completely get out of our business altogether. No more subsidies no more fake government reports let the free market do its thing… I don’t think the consumers would like it though. Everybody needs to remember the number one job of the USDA is not to help the farmer out but to make cheap food for the US consumer hence the reason the farmers always get in trouble
Very little subsidy makes it to actual food.
And then what? You put this money out there to help farmers but nothing in the system gets fixed. No farmers are working together to control their own product and production. So what happens in 25? Every Farmer's just going to go in and do their biggest yield that they can and then we're right back end of the same boat
If they're going to do a bailout it should be a flat rate for each household not for bushels produced.
We need hemp production
Take the king's shilling, do the king's biding.
Ahh yes give more money to big farmers and let them buy out the small guys. Why do we need money there has been 3 years to contract grain for record highs for the next three years. It’s not my fault you went and bought new equipment and land expecting things would stay high.
Tell that to the guys on the east coast with terrible corn yields crop insurance won't be enough to help you on. Not everyone had record yields this year
@@Luke-br1hr they should have been prepared for the drought possibility. Their poor planning and or management isn't everyone else's problem
@@uhohspagettioh97531spoken like someone who hasn’t managed a farm. If everyone had a crystal ball it would be easy. When inputs are at an all time high you are stuck buying them, you can’t cut back they have you by the balls and when prices drop so far you are going to be negative. If it was just a few farmers it’s no be deal but when it’s thousands it’s a problem they have to help the little guys.
I actually won’t mind them just letting all the farmers go bankrupt cause the big ones like us will make it through.
There are 3500 farmers in America that farm over 3000 acres. If we could gobble up all the small farmers then the big ones could unionize. We could tell the seed companies what we’re gonna pay. and we could take the billions in profit they all make and put it back in our pocket.
@@uhohspagettioh97531 do you work in ag or farm or ranch Just curious
@@uhohspagettioh97531just curious do you farm?
it's more about John Deere than food
Salt water up the Mississippi to the Ohio River? Dixie sharknado?
More money. Just what everyone needs.
This isn't subsidizing food, we don't grow food, we grow fuel. ethanol and SAF. Subsidizing food would be payments to animal producers.
True we need millions of acres in hemp production
All of my corn goes to poultry producers
Animals eat food too👍
The farmers need to lobby the govt & those decision makers who allowed this fiasco & demand that the errant politicians pay the farmers in full from their govt salaries, not from the public purse.
The govts created this mess.
Remember how much of your money they have wasted over the past few years. Every penny you receive or keep is one that won't be wasted or be used on something that is likely actively against you or your interests
Great show !
Pay us to not plant 25% of fields in America market will fix itself
call your congressmen and scream no more