Paying Off Farm Ground is a REAL ISSUE

[MrKoobuh]

It's sobering to realize that our entire food supply hinges on either soulless corporate interests that would happily stop producing if it meant a dime more on the bottom line, and the desire of young people to continue their family tradition. Farmland is infinitely more valuable in the short term as real estate.

[scottgabbard]

How could a young farmer start farming today and not inherit the ground and equipment plus money?

[SmartFarms]

Absolutely 💯 I keep telling farmers they need to change the game. Maybe one day they will listen.

[andriserdyn]

Corperate world pulls farming bussinesses bunkcrupt. The farmers grain prices do not necessarily get higher

[wsolly]

This is partially true in my area. We dont do many grain farmers, in fact you cant afford a farm by grain farming. But the guys here are payong $20k per acre. Then dropping $500k on milking facilities

[ggreg]

Farming is a tough business. It’s still very well possible to get into it (even if all you want to do is grain farm) but it will probably never be your main income and you’re going to need a good paying job in the beginning to even afford the farm(maybe a skilled trades person/business person etc). Keep in mind, you’re probably not going to be buying any nice brand new trucks or fancy things between the age you start working and the age you are able to afford that farm. Opportunities are different for everybody out there. I’d say if it’s your dream go ahead and work for it.

[LEGENDERYSTATIC]

When the tide goes out u can see who’s skinny dippin

[tff]

I think these guys are focusing mostly on row crops such as corn and soybeans, not as much pasture or orchard. Its very difficult to grain farm from scratch. I've lived it and still do in the cornbelt. A persons worst enemy is their own ego. Make good decisions you can profit and cashflow. Land itself is a challange simply because values trend up and down. If purchased at the high end and it drops value along with gross income per acre return you will be in trouble very quickly like that one man described in video. Nothing is cut and dry. There is always risk. Choose wisely

[MrSpace]

The farmers who are leaving the industry right now are selling their land for a minimum of 3-5million at least around where I live. Oh yea you only get 50-60 acres with that..

[stevenstart]

I've been doing it for thirty years here in Australia and our debt always gets bigger. Now the banks are saying if you've got less than $5m in debt you'll only get a beginner manager. Less than $1m your not worth their effort.
My accountant who has his own farm is now saying we are all fuckin stupid.
Get out of debt and leave it up to the corporations to go broke.

[creepyunkl]

I'm set to inherit less than 20 acres of oranges in Cali, and to be completely honest, I'm scared shitless of the cost of something so small. Imma have to pull something outta my ass to make it work. But fuck it, I'm gonna try

[Snarggle]

Make like 30-50 acres a deer preserve, then sell hunting leases....

[heavymetalbassist]

More ground isnt the answer. Actual food is the answer

[Dingleberry]

So the kids grow up happy they inherent a farm only to find out it’s a in debt due to the farmer trying to stay afloat in the dark years Some big city slick comes in buys it outright. What a concept.

How does this affect the wedge between rich and poor after alls said and done.

[TurnUpTheVdeoSpeed]

/ RETIRE IN AMERICA BY 30 / You know this is part of the reason I'm a big fan of OTR trucking. No rent no utilities pay cash for everything I Buy. Capable of paying cash for a house every year if I want to.

And then you look back at farming. Which seems like some form of self-punishment at times.

But if a guy can save real money doing trucking. Perhaps a guy could actually get his own farming property if he worked a number of years.

No debt effectively I guess until you start farming.

Farming beyond your own personal use or your own extended family. Is it really worth being big enough to fail?

[benjaminlewis]

When's the last time you saw a pig, cow, chicken, and goat all at the same farm?

[johnrichard]

It is the way we grow things that is the problem

[brownianl]

Can a small ground farmer make it if they buy used equipment? Just seems like a lot of farmers spend a lot of money on new equipment and then it’s a constant hunt for more ground to help pay for the equipment which wears it out faster and new more expensive equipment starts the cycle over again.

[joekeusch]

A lot of variables here. We talking about 50 or 500 acres? If a guy uses his head a little, works off the farm here and there, it can and has been done.

[joshuacollins]

Good luck. You're competing against big corporate interests or rich billionaires who treat farm ground as a store of value. People like Bill Gates and John Malone are buying up farm ground with cash, they don't have to worry about paying it off.