Earn $10000 an Acre Raising Pastured Poultry [PROFIT not GROSS]

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Learn how you can run a successful pastured poultry enterprise on a lot less land than you might think. Darby Simpson will run you through what a typical pastured poultry business looks like covering all topics from brooder to field to freezer to finances.

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A little clarification on write-offs with hobbies: you can only deduct expenses for a hobby activity against any income from that activity. Losses (expenses in excess of any income from that activity) from a hobby activity can not be used to offset income from other sources, like an off-the-farm job. NOTE: A $2000. deduction does NOT save you $2000. off your tax bill. This is widely misunderstood, but the deduction reduce the amount of your taxable income. In other words, if your taxable income is $22, 000., the deduction of $2, 000. would give you a taxable income of $20, 000. Disclaimer: This is an over simplification of a tiny piece of a massively complex tax code, and I am not a CPA. Consult a tax professional familiar with agriculture.

Jefferdaughter
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Great, dense tutorial Darby! Well done.

grocefamilyfarm
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The term 'unfair advantage' has been around in the small and eco-farming world for a long time now. It's wrong. An unfair advantage would include the laws and regulations that favor the large-scale industrial farming operations - laws and regulations that can put a family-scale farm out of business. The things so often called our 'unfair advantage' - winter grazing in the south; proximity to cities for direct marketing; the superior flavor and nutrition of pasture-raised livestock... these are among out FAIR advantages!!

Jefferdaughter
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Thank you for sharing this important information listening from Bangs, Tx

johnfitbyfaithnet
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This is a great video! I've watched a couple of the budgeting videos for raising pastured poultry... why don't ppl include land or lease cost in the numbers?

michaellubke
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I sell live chickens for 10 - 15 usd a piece. I scale my numbers like this. If 1 family buys 1 chicken a week x 50 weeks in a year that's 500usd a year per family. That mean for every 50 bird is 500usd. Go knock on doors tell people your selling chickens. In your city alone there is over 50k people. All you need is 200 people. 200 birds × 10usd each x 50 times (1 a week) is 100, 000 per year.

RickysFarmAndHatchery
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I'm near the BMW plant in South Carolina and hope to start with the farmers market in the same town, what's your thoughts or opinions? Thanks!

jonathanmadsen
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I can’t quite see the cost per bird in the spreadsheet at 11:27 could someone tell me what it was?

akcorbel
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Good information. What location do you take your poultry to for processing?

Goldsberrylilgrowers
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What size are your chicken tractors? 10x12?

jmyerwilson
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I’m wondering how much different the net profit of this would be in Canada with our quota license fees.

JaninesPlace
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Could you decrease cost by processing the chickens on the farm?

cucurbitfan
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Is there a practical alternative to taking the birds somewhere? As in butchering them yourself or hiring someone to come to you?

richardmason
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Wanted to know how and where you get a contract with a prosser even without a contract, who will by them.
Jim

jimmurdock
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Does your 50/hr include planning/marketing as well as labor or just labor?

waveoflight
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The math is great. Finding that many buyers is probably impossible.

J-Ball
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Can land be leased would you suggest leasing over buying at first ?

ziggyc
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Sorry to nit pick, but amortize is pronounced "aM-Mort-Eyes" not "aM-Meter-Eyes"

ricksanchez
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I'm confused by how the terms Gross and Net are being used here. I've been a Cabinet Maker for 30 years and have run the business for the past 25 years. I do the Bookeeping and utilize a CGA for taxe returns and ongoing Financial advice and analysis. The net profit is what is left AFTER Overhead, Material AND Wages...including the owner's wages...is paid. Unless the cost of the Chicken has included a Labor portion...the $50.00, $39.50 and $100 per hour shown in the video is actually Gross Profit by accounting standards and NOT Net Profit...or Business Profit as is universally defined. Still....$50.00 per hour Farmer's Take Home pay for that particular Revenue Stream is not bad.

JScottAudio
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do you pay anyone you have help you 50 an hour? That's insane money.

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