How Much Money Do Farmers Make?

  Рет қаралды 3,001,404

Cole The Cornstar

Cole The Cornstar

Күн бұрын

Пікірлер: 11 000
@ClassyTurtleProductions
@ClassyTurtleProductions 4 жыл бұрын
im not a farmer nor am I trying to become one and i have no idea how i came across this video but i just sat here and watched the entire thing and found it very interesting. Thank you for being a farmer.
@daveday203
@daveday203 4 жыл бұрын
Damn same here. Idk why this vid came up. But watched the whole thing haha
@truskowskialex7460
@truskowskialex7460 4 жыл бұрын
Literary same. I watch a lot of accounting stuff on here so maybe that’s why it popped up, but it’s very interesting
@kalark
@kalark 4 жыл бұрын
same
@juggernaut8819
@juggernaut8819 4 жыл бұрын
justin hoogeveen same
@itzdrdabber2115
@itzdrdabber2115 4 жыл бұрын
justin hoogeveen same here watched the whole thing
@jamesroberts4201
@jamesroberts4201 4 жыл бұрын
This man farms all day then logs on to minecraft to check on the farm What an absolute legend got my sub
@ColeTheCornstar
@ColeTheCornstar 4 жыл бұрын
Thank you!
@Schoolship.
@Schoolship. 4 жыл бұрын
my friend is a truck driver, and he plays a truck driving video game, in his truck, every night. i learned: find out how to get paid to do what you love, and you'll never work a day in your life.
@d.e303-anewlowcosthomebuil7
@d.e303-anewlowcosthomebuil7 4 жыл бұрын
@@ColeTheCornstar Have you even investigated the roller crimper method? Many farmers get good results with it and lower inputs. I can dig up a vid if you like.
@logannaslund1057
@logannaslund1057 4 жыл бұрын
MechanicalCheeze big mutha truckers lol
@PilotUnknownX
@PilotUnknownX 4 жыл бұрын
@@Schoolship. American truck simulator?
@captainarse1
@captainarse1 3 жыл бұрын
That feeling you get when a 20 something farmer knows way more about finances than most “adults” Respect man
@howdy8301
@howdy8301 2 жыл бұрын
@ThoughtCrime I believe he put it in quotes for this reason.. adults meaning older farmers who have had decades of experience.
@jacob5014
@jacob5014 2 жыл бұрын
@@howdy8301 Not just farmer, but older people in general
@howdy8301
@howdy8301 2 жыл бұрын
@@jacob5014 yeah
@biglex9069
@biglex9069 Жыл бұрын
@@tjs8301Lol
@videoomnomnom
@videoomnomnom Жыл бұрын
i very much agree !! keep it man
@newmodeling
@newmodeling 3 жыл бұрын
The farmer is the only man in our economy who buys everything at retail, sells everything at wholesale, pays the freight both ways. (John Fitzgerald Kennedy)
@anthonyblackburn4148
@anthonyblackburn4148 3 жыл бұрын
*laughs in automotive technician* I also don't get guaranteed pay from the government for having a bad year.
@MilesToGo78
@MilesToGo78 3 жыл бұрын
@@anthonyblackburn4148 Sorry to hear but you may have one or two bad year(s) but a farmers life evolves in mostly bad years and rarely a good year
@DB-ld7ph
@DB-ld7ph 3 жыл бұрын
@@anthonyblackburn4148 I don’t mind paying taxes for farmers when they have a bad year they keep us alive
@ryanhamstra49
@ryanhamstra49 3 жыл бұрын
They are heavily subsidized by the government because they are heavily controlled and regulated. It’s not a free market.
@paulregarg7455
@paulregarg7455 3 жыл бұрын
They are called welfare farmers, poor old me, as they drive an eighty thousand Denali and act like they dont have 2 nickels to rub together
@trueblueblooded4976
@trueblueblooded4976 4 жыл бұрын
As a farmer I can tell you that there is a simple trick to making a small fortune from farming, you have to start with a large fortune.
@jessmasterflash
@jessmasterflash 4 жыл бұрын
Lol! That's the way we talk about horse people here in northern Michigan. The fastest way to become a millionaire owning horses is to start as a billionaire, and pretty soon you will be a millionaire.
@matthewjohn9629
@matthewjohn9629 4 жыл бұрын
TrueBlue Blooded lol, same with aviation 😂
@SlickD217
@SlickD217 4 жыл бұрын
😂
@ryandoe11
@ryandoe11 4 жыл бұрын
My farm has been in the family for many, many years and it feels as tho i started with a fortune with what we already have, and thus am making a good income. increasing just about every year
@chadcoady9025
@chadcoady9025 4 жыл бұрын
sooo, inherit the land and equipment?
@bwing411
@bwing411 4 жыл бұрын
He's very articulate. He hit all of the possible issue topics right off the bat!
@ColeTheCornstar
@ColeTheCornstar 4 жыл бұрын
Thank you!
@juandominguez8536
@juandominguez8536 4 жыл бұрын
Cole The Cornstar so those *buisness* expenses are not tax right offs?
@bill45colt
@bill45colt 4 жыл бұрын
@@juandominguez8536 tax write offs can only be had when you have a profit to write off against. Expenses are a big part of farm expense, and if you ever do farm taxes, you will see they can be bounced against income, but are not write offs.
@b-genspinster7895
@b-genspinster7895 4 жыл бұрын
Wonderful. No filler words. The other youtubers need to take lessons from him.
@zenken13
@zenken13 4 жыл бұрын
@@bill45colt So, they work for free? He glossed over the part where the family is paid well as employees from the farm corp.
@jeffgehman8344
@jeffgehman8344 4 жыл бұрын
How to make a small fortune in farming ... Start with a large fortune.
@mikeblake2830
@mikeblake2830 4 жыл бұрын
How to make a shitty comment Steal other people's jokes from 4 months ago
@LaGrandeBayou
@LaGrandeBayou 4 жыл бұрын
Wrong. It’s called hard work and doing without! What you see is the result of 2.5 generations of Bloid sweat tears
@dustinryan9671
@dustinryan9671 4 жыл бұрын
No one works to make negative a year, this video is misleading, if they were hurting that bad they would not have the equipment they do. Much of what I see on his farm is a luxury for many small farmers. Also, think about it they are paying for an accountant to be in the red, how much sense does that make?
@yogiballa
@yogiballa 4 жыл бұрын
cameron yogibear hi I’m Christopher yogiballa we almost have the same name
@hadmatter9240
@hadmatter9240 4 жыл бұрын
@@dustinryan9671 Perpendicular cranial rectitis. So it's true. Damn it! I thought they were just joking around when they told me. Okay. Deep breath...FUCK!!! I thought the stench of shit would be confined within the afflicted's cranium! How did it waft into the states that grow the food that feed these...these...these... What the hell are they? Oh, Geezus!
@tomcornett
@tomcornett 2 жыл бұрын
I worked every summer back in the 1970s for Indiana farmers as a teenager before moving to Ohio. They were some of the hardest working and kindest people I've ever met. We are surrounded here in Ohio by farms and we often see the equipment rolling in the springs, summers, and falls. After watching this video I've gained a whole new insight and respect for farmers. God bless them all.
@stevebratten6592
@stevebratten6592 4 жыл бұрын
When I told my grandfather I wanted to farm he said “son, if you can afford to farm, you don’t need to work”
@johngnipper8768
@johngnipper8768 3 жыл бұрын
yep, that's about it
@thesusboomerroblox6516
@thesusboomerroblox6516 3 жыл бұрын
Unless you start small and supply local business
@zakirnaikahmaddeedat3651
@zakirnaikahmaddeedat3651 3 жыл бұрын
@@thesusboomerroblox6516 👍
@lonemerkmel6097
@lonemerkmel6097 3 жыл бұрын
@@thesusboomerroblox6516 yes
@infringinator
@infringinator 3 жыл бұрын
my grandfather said son if your lazy bum butt can get out of bed at 4am I'll buy you a farm. I work a desk job in customer service.
@alibobobaba1337
@alibobobaba1337 4 жыл бұрын
Farmers don’t get enough credit for doing what they do. Appreciate what y’all do my man.
@VenturiLife
@VenturiLife 4 жыл бұрын
Absolutely. They put food on all our tables at affordable prices.
@the1kyu
@the1kyu 4 жыл бұрын
@@VenturiLife why i can't take "funny" emojis on comments?
@LargerThanCats
@LargerThanCats 4 жыл бұрын
Yeah, except this kind of monocropping has destroyed the soil and has left us with a terrible future.
@brannanburdette2558
@brannanburdette2558 4 жыл бұрын
Well considering he’s lying about these numbers I wouldn’t give them credit for anything. Farmers make plenty of money. This kid is taking numbers from a poorly run farm or a smaller farm and applying them to their farm. Nobody in their right mind would give a farm more money if they were losing $240k a year. Maybe he took their worst year ever and used those numbers. Idk what he did but this definitely is not legit.
@curious_trout_yt6162
@curious_trout_yt6162 4 жыл бұрын
@@brannanburdette2558 how would you know
@jasonarcher7268
@jasonarcher7268 4 жыл бұрын
I grew up surrounded by corn fields in northern illinois, yet i learned more about farms in the last half hour than I did in the previous 30 years.
@Bw40099
@Bw40099 4 жыл бұрын
hey i live in northern illinois too rockford what city are you in
@jasonarcher7268
@jasonarcher7268 4 жыл бұрын
Ben Wells Rockford, but not for much longer. This place gets worse every year.
@hauntedsmore
@hauntedsmore 4 жыл бұрын
I still live around fields in northern Illinois lol
@kennyrogers1243
@kennyrogers1243 4 жыл бұрын
Henry Lubkeman I’m in the same area, just over the boarder in Wisconsin
@johnkenny4017
@johnkenny4017 4 жыл бұрын
I live near Chicago in Northern Illinois and I've always thought it was amazing when you get out and start driving 20-30 minutes from the metropolitan areas how much land and farms there are it's amazing how fast it is
@CoinCommunityCollectors
@CoinCommunityCollectors Жыл бұрын
There’s always gonna be a special place in my heart for farmers like you. My family on both of my parent’s sides of the family have farmed but have since retired, except for my grandpa, but he just has a pasture and it’s more of a hobby farm. Thank you for everything farmers like you do.
@royhoco5748
@royhoco5748 4 жыл бұрын
a wise old farmer once told me this "the quickest way to make a small fortune farming is to start with a large fortune. "
@urboyalan4006
@urboyalan4006 4 жыл бұрын
Idk if u typed it wrong or im stupid but i didnt understand shit u said
@matthewtalbot-paine7977
@matthewtalbot-paine7977 4 жыл бұрын
@@urboyalan4006 If you have a large fortune and spent most of it you'll still have a small fortune
@WPaKFamily
@WPaKFamily 4 жыл бұрын
@@urboyalan4006 you might be stupid
@royhoco5748
@royhoco5748 4 жыл бұрын
@Bill Zussman but a framer can give as good advice as a farmer sometimes
@ImInSpainWithoutTheS
@ImInSpainWithoutTheS 4 жыл бұрын
no, that was albert einstein
@nataudia
@nataudia 4 жыл бұрын
I don’t known why I’m watching this, I’m a 29 yo dentist from Brasil, but I can’t stop watching it!
@ibrahimidris8499
@ibrahimidris8499 4 жыл бұрын
How much does it cost to have dental IMPLANTS in Brasil? Thanks.
@pauloceolin
@pauloceolin 4 жыл бұрын
I'm in the same situation haha
@tannerredenius4635
@tannerredenius4635 4 жыл бұрын
The farmer is the only man in our economy who buys everything at retail, sells everything at wholesale, and pays the freight both ways.-JKF
@BB-bq2zd
@BB-bq2zd 4 жыл бұрын
Now that is a true statement!
@MrIamTheory
@MrIamTheory 4 жыл бұрын
JFK
@justinc2633
@justinc2633 4 жыл бұрын
any sort of production for anything ever also does that
@hikdingle2210
@hikdingle2210 4 жыл бұрын
@@justinc2633 that's what i was thinking
@lemuelseale1640
@lemuelseale1640 4 жыл бұрын
John kredrick fennedy.
@tyrese3745
@tyrese3745 Жыл бұрын
Thank God I’m a city guy, but I do have the most respect for the farmers of the Midwest. Especially for you, Cole. You and your family are just trying to make a decent living out on the farm. Thumbs up to you, bro!
@Skritshell
@Skritshell 4 жыл бұрын
My Grandfather's, who was a farmer, favorite joke was "The fastest way to make a million dollars farming is to start with 2 million". Every day their is more and more truth to his words
@rodolfoplasencia4953
@rodolfoplasencia4953 4 жыл бұрын
Word! You got me cracking! We got to be aware of Banksters that will pull every trick just for the sake of dumping us in the streets, penniless! And grow with our own resources, progressively.
@wannabecarguy
@wannabecarguy 4 жыл бұрын
So should I buy the farm?
@TheZerr96
@TheZerr96 4 жыл бұрын
I heard this in college from one of my ag teachers.. very encouraging for a young farmer😅
@rodolfoplasencia4953
@rodolfoplasencia4953 4 жыл бұрын
@@wannabecarguy Yes! And, Skritshed, here you hace another way of making a million. By flipping.
@Skritshell
@Skritshell 4 жыл бұрын
@@rodolfoplasencia4953 Flipping farm's is the ONLY way to cash crop now a days
@Jay-xp1df
@Jay-xp1df 4 жыл бұрын
farmer low key flexing on rappers with his farm equipment
@snickers0522
@snickers0522 4 жыл бұрын
My thoughts exactly, he flexed low key the whole video over everyone
@spankthemonkey3437
@spankthemonkey3437 4 жыл бұрын
Jay I want to hear the rap version of she thinks my tractors sexy
@manictiger
@manictiger 4 жыл бұрын
Rollin down the rows, sowin' seeds, sippin on water and tea, laid back. Got my corn on my mind and my mind on my corn.
@MrSammotube
@MrSammotube 4 жыл бұрын
@@spankthemonkey3437 It is more like the song "I've got a brand new combine harvester" - look it up.
@epsismedia3102
@epsismedia3102 4 жыл бұрын
Next video gonna be a music video with his tractor on "dubs"
@mordiaky
@mordiaky 4 жыл бұрын
That explains why I am always broke in farming simulator 2019! So I did win the game!
@coopsnz1
@coopsnz1 4 жыл бұрын
I'm playing that now, excepted a harvesting contract for 10000 euros , 1 day still not finished harvesting this guys field
@lb493
@lb493 3 жыл бұрын
Silage from grass.
@jeremykiahsobyk102
@jeremykiahsobyk102 3 жыл бұрын
As much as any non-corporate farmer can.
@ast9398
@ast9398 3 жыл бұрын
*-144,000 dollars in debt* “Here comes one of the bigger expenses”
@usmctattooboy
@usmctattooboy 4 жыл бұрын
I am super impressed with this young man for knowing all the ins and outs of what it takes to run a farm and taking the time to do all the numbers. I dont farm but I do regard the farmer as the most important in our society and it would be nice if we could find a way to stop spending on bs and pull some money and resources to help them out. All that aside this was a great video
@ColeTheCornstar
@ColeTheCornstar 4 жыл бұрын
Thank you!
@retteketette
@retteketette 4 жыл бұрын
It's an unhealthy situation we got us in, doing industrial food.
@stealthsoup5882
@stealthsoup5882 4 жыл бұрын
@ITHEREONETHATHASNT Wait what? So if there was political discourse between two nations and one of them gets all their food from the other. Bam you have no food. Where's the logic?
@stealthsoup5882
@stealthsoup5882 4 жыл бұрын
@ITHEREONETHATHASNT Also, literally everything you own is because of CORN. You should really do some research.
@callumdarby8801
@callumdarby8801 4 жыл бұрын
@ITHEREONETHATHASNT we've spent more money subsidizing farmers under Trump than we spent bailing out the entire auto industry in 2008. Farmers are the biggest welfare queens in the nation. Billions of dollars in subsidies each year.
@LLthereistome2024
@LLthereistome2024 4 жыл бұрын
Heck half way through, my head hurts. How do you eat, dress, survival is a must. Right on momma cornstar, what a gal. God is perfect substance.
@matthewsminkmanor9926
@matthewsminkmanor9926 4 жыл бұрын
That's why Cole wears his jeans till they are nifty shorts and his boots looks they been though the combine. lol!
@ronmeier8850
@ronmeier8850 4 жыл бұрын
I have farmed my whole life & believe me what he said about this is personal n that is absolutely true w/most people who are self-employed/business owners, however farmers take this to a level like no other being on the planet. When I was younger I often use to think the silliness that went on between other farmers was just ridiculous until I seen just how awful that they were to each other when for whatever reason someone seemed to be doing better than them or how or why or or or or... Instead of helping each other it is extremely opposite of that in some cases just down right mean. Now it is just best to keep things farm $$ related items on the DL for it is a much better way to remain in good relationships w/your fellow farmers... So it is why he has said slot but honestly might as well said nothing as it has nothing to do with anything pertaining to their operation
@grimthenoble
@grimthenoble 4 жыл бұрын
I bet Cole tried piecing together the go pro that went through the combine! I bet he could of if he had a small enough screwdriver. In all honesty I don't see how Farmers can make it work. But sure glad they do.
@jetbtkng
@jetbtkng 4 жыл бұрын
welfare
@dustineastham5920
@dustineastham5920 4 жыл бұрын
Cole.. been watching you for a while now love what you do have a question about the Oliver what happened to all the sheet metal?
@headlesshorse6223
@headlesshorse6223 4 жыл бұрын
Hey I'm also a wheat farmer, and I understand the struggle of running one. No one really gets it, so thank you for putting the facts out there to help shed some light on the business.
@Dj-br6gh
@Dj-br6gh 4 жыл бұрын
I really gotta thank ya man.
@pcd1377
@pcd1377 4 жыл бұрын
@HeadlessHorse Would you say his using average for prices make his income on the low side? And wouldn't a loss on paper mean no taxes or significant benefits even though net worth went up? Thanks bruv good luck!
@headlesshorse6223
@headlesshorse6223 4 жыл бұрын
@@pcd1377 for wheat farming I would say no. For I would about 100 years now wheat prices havent changed, but everything else has gotten more expensive. His income is probably higher than what he actually got.
@supercala332
@supercala332 4 жыл бұрын
@@headlesshorse6223 Yes, that is true. However, remember that he did say at the beginning he couldn't give exact numbers, as he didn't want competitors to know his farms specifics. Even though his income was probably higher, his farm most likely was still well into an annual loss in income...as if the story of his mom being the one to keep the family afloat wasn't a tell-all to begin with.
@headlesshorse6223
@headlesshorse6223 4 жыл бұрын
@@supercala332 very true only reason we are still going is because of wise investments and multiple jobs
@nb3627
@nb3627 3 жыл бұрын
Farmers, Soldiers, Doctor's, Seafarers and truck drivers 🙏 you have my respect.
@robertvazquez35
@robertvazquez35 4 жыл бұрын
Half way through I'm depressed for you. Dammit you shouldn't be so broke providing food for us all. Thank you have a whole new appreciation.
@awax2585
@awax2585 4 жыл бұрын
They're broke because other countries can do it far cheaper and we shouldn't subsidize an industry that produces debt instead of value). And no, there would still be enough food for people, because if they were actually needed to feed people, they'd actually make a profit ...
@TachibanaTengoku
@TachibanaTengoku 4 жыл бұрын
@@awax2585 It's important that you DO subsidize these industries because what the heck are you going to do when all those cheap labor countries are no longer cheap? Now you're either stuck rebuilding your long dead infrastructure, you probably have barely any qualified farmers left, or you say fuck it and continue paying other countries to do it. Think it's a joke? How long do you think it will take for China, India and Africa to stop being 3rd world-ish and join us in the 1st world? Eventually their citizens won't be comfortable being paid pennies on the dollar to do shit for us, it's already been happening in the tech industry, it's only a matter of time. Could be a couple of decades more, or maybe even a century, who knows.
@JD-ys7fj
@JD-ys7fj 4 жыл бұрын
I just want to point out this is not a farm, this is a combine harvesting operation. Not a farm. Farms involve animals, livestock, and multiple types of crops. This is a combine harvester federally subsidized and insured operation. We have 500 acres in rural New Hampshire where we raise Cattle, Pigs, Chickens, Ducks, and harvest timber among other endeavors. His combine operation makes money, and if it doesn't they have crop insurance. These guys are more than fine, worry about your local farmers who actually farm.
@cbriangilbert1978
@cbriangilbert1978 4 жыл бұрын
@@TachibanaTengoku I don't think it is fair to subsidize one industry and tell the others to fuck off. If you are going to pick your favorites then I want to pick mine to be subsidized as well. 80% of everything in markets is brought to you buy Corporate farms. This guy in the video makes up 20% of it. We throw away 43% of all food in this country. We can do without Mom and Pop subsidized farming. We can't do without teachers, doctors, etc. Let the farmers turn to micro farming, and indoor hydro. They need to get into the 21st Century. Farming can be profitable but you can't do it like great grandpa anymore. And you shouldn't want to, it's wasteful. They say in the future micro farmers will be millionaires. And they won't need subsidies to do it. P>S I get a little sour on the subject of farm subsidies because my entire family has profited from them while constantly complaining about minorities on welfare. Our farm subsidies are a much larger piece of pie than food-stamp cost to the tax payer. Yet they still managed to find a way to be a hypocrite. I hate hypocrisy with every fiber in my being.
@wereabouttoargueaintwe4582
@wereabouttoargueaintwe4582 4 жыл бұрын
Awax it produces debt because it costs a shit ton to grow corn and soybeans on the level that they do, which they have to grow that much or their debt would be greater. If people would buy food in bulk from local stores or farmers markets it would be easier on farmers and live stock farms.
@topherlee2569
@topherlee2569 4 жыл бұрын
You really just kept my attention on a video about farming for 30 minutes. Well played sir
@samin8ter
@samin8ter 4 жыл бұрын
2x's speed my friend
@sergeysvirsa3993
@sergeysvirsa3993 3 жыл бұрын
@@samin8ter it doesn't work if you're watching it in your second language though. Best I can do at least for now is x1,25
@Momofamlly
@Momofamlly 3 жыл бұрын
I thought the exact same thing
@tg8150
@tg8150 3 жыл бұрын
Me too. Loved it and I live in central Iowa.
@JohnDoe-bo5yk
@JohnDoe-bo5yk 3 жыл бұрын
Honestly though lmao
@lwwahlert
@lwwahlert 4 жыл бұрын
Cole I absolutely loved the financial review. Well done. Most folks don’t have a clue how difficult farming really is. God bless
@joemartino6976
@joemartino6976 Жыл бұрын
My wife's family has a large farm in Boone and Hamilton counties and I've learned more about farming in one video than 30 years of visiting central Iowa. Great stuff! Thank you!
@braer240
@braer240 4 жыл бұрын
I can’t imagine how long it took to not only film this video but gather all the numbers and edit it all together. Good work. I’m a marketer from California. And you held my attention for 34 minutes. Loving your content. 🤘🏼
@Gabriel.4190
@Gabriel.4190 4 жыл бұрын
The seasons literally change throughout the video 😂
@baileya82
@baileya82 4 жыл бұрын
Farmers feed America. We can't live without them. I wish people had more respect for the gravity of that statement. You do good work sir. Keep going.
@chrispeters1510
@chrispeters1510 4 жыл бұрын
Ya and construction workers build america and i dont get gov substitiesy all my experiences come from my pocket
@Romans--bo7br
@Romans--bo7br 4 жыл бұрын
@@chrispeters1510... true, but without any food in your stomach... you won't be building a dog house, never mind "building America". Don't take me wrong, I do understand what you're saying.... and as an (now retired) independent Owner/Operator in trucking, I (none of us) never received any gov't subsidies either, and we had a massive amount of expenses and taxes as well..... but, there were "write offs" to.... just like most any other business, but we needed to really "keep a sharp pencil" as they say.... it, like farming... can have good, bad and even disastrous years. The main thing that really sets the farmers apart, is the fact that after all the hours, expense and hard work put into planting, etc.... in the end, they are Completely Dependent on "just the right weather conditions, at the right time" from planting to harvest.... and we all know how That can go..... especially in "these days".
@KlipschHead281
@KlipschHead281 4 жыл бұрын
@@chrispeters1510 - You don't get the difference here, really?
@incorectulpolitic
@incorectulpolitic 4 жыл бұрын
farmers also poison everybody and all land with glyphosate/roundup and other shit... it will literally round up your entire gastrointestinal tract
@JohnMiller-ey7rx
@JohnMiller-ey7rx 4 жыл бұрын
Majority of my family are commercial farmers in Iowa Central Iowa Northern Iowa and Southern Iowa
@MrDaChicken
@MrDaChicken 4 жыл бұрын
My Dad always put it this way. " Well, farmers ""see"" a lot of money. The trick is keeping some of it"
@williamthigpen4480
@williamthigpen4480 4 жыл бұрын
MrDaChicken you should try Trucking it’s worse
@andrewinbody4301
@andrewinbody4301 4 жыл бұрын
I heard: How to make a million dollars farming...Start with two million dollars.
@bob4bob3bob2bob
@bob4bob3bob2bob 4 жыл бұрын
@@andrewinbody4301 The problem is - the rich just dont have enough yet, Im sure that when they decide they have enough and dont need to charge so much that they will let us know- then it will be easier .
@ColeTheCornstar
@ColeTheCornstar 4 жыл бұрын
MrDaChicken that's a good way of putting it
@toucansteve
@toucansteve 4 жыл бұрын
@You Might be interested in what life is like in the Democratic Republic of Congo. South Sudan, Libya among other countries where there is little to no functioning government. In these countries there is little that functions at all. Life is brutal and short for most who live there. Go there or open a book and read. You may end up with a different outlook on government in general. Most rational thought supports the modest cost of government is worth its cost.
@musicfan6575
@musicfan6575 3 жыл бұрын
I appreciate you and your family and all the farmers Across America doing all you do. You folks deserve so much more. Thank you.
@debuhrich4851
@debuhrich4851 4 жыл бұрын
I feel like I’ve just taken a masters course in farming, finance and philosophy in one sitting. I have to say you are UBER smart!
@duanecotter1463
@duanecotter1463 4 жыл бұрын
Leaned more in 30 minutes than 2 years of college
@timothyemerson3204
@timothyemerson3204 4 жыл бұрын
Me too
@kennethkustren9381
@kennethkustren9381 4 жыл бұрын
Your TYPO besmirches your "truth".
@ShidaiTaino
@ShidaiTaino 4 жыл бұрын
Duane Cotter that’s sad
@WeAreClaves
@WeAreClaves 4 жыл бұрын
That's the farmers life. Gotta know how to do everything.
@LuisRodriguez-li7wr
@LuisRodriguez-li7wr 4 жыл бұрын
Trade school or apprentice programs
@zackarrazolo970
@zackarrazolo970 4 жыл бұрын
The way he’s talking I feel like I should be writing notes
@daltonbrasier5491
@daltonbrasier5491 4 жыл бұрын
This will all be on the test!
@hadmatter9240
@hadmatter9240 4 жыл бұрын
@@daltonbrasier5491 LOL! I just remembered all the hype about Google Glass before launch, and then the *thud* after. I was thinking that maybe it was because people like me would use it to pass that test, so it was thrown in a drawer somewhere, but the tech is actually being used in ag to help farmers.
@codyorton1236
@codyorton1236 4 жыл бұрын
you should take notes all the time.. life hack
@JasonCDaniel
@JasonCDaniel 3 жыл бұрын
Really appreciate the time that you put into this, it absolutely shows. And it was an education for me to understand the economics of farming. This is definitely an area where we need to reconsider our priorities as everyone needs to eat. And I for one would prefer that we keep the family farms going versus allowing the mega-corps to take over farming. Keep doing what you do!
@robinsonanimation
@robinsonanimation 3 жыл бұрын
the heart of America in this boy.
@Aurmm
@Aurmm 3 жыл бұрын
Nein
@kflan3342
@kflan3342 4 жыл бұрын
More folks need to see this video. Most have no clue where their food comes from and the effort involved. Hats off!
@Buttersonic18
@Buttersonic18 4 жыл бұрын
I never ever comment on post but he really caught my eye with the first 5 minutes seems truly genuine and honest so I must say good work cole!
@ColeTheCornstar
@ColeTheCornstar 4 жыл бұрын
Thank you!
@alastairatcheson1407
@alastairatcheson1407 3 жыл бұрын
As a dairy farmer in Northern Ireland I found this very interesting. To see how the earnings can be got then spent in a cropping farm. Also watched the full video too so the way you filmed this is head and shoulders above any film coming out of Hollywood at the present moment.
@cooper8318
@cooper8318 3 жыл бұрын
I have heard that it costs more to make a gallon of milk that what it sells for
@alastairatcheson1407
@alastairatcheson1407 3 жыл бұрын
@@cooper8318 In 2015 that was the case, it was almost equal to the cost of production for us cause we graze the cattle as much as we can as opposed to keeping them in all year which is more expensive. Since then it has improved.
@cooper8318
@cooper8318 3 жыл бұрын
@@alastairatcheson1407 I'm glad it has improved but that is still a crazy situation to be in
@timothybewley5344
@timothybewley5344 4 жыл бұрын
I like this kid. I would shake the hand of his entire family for their hard work and dedication.
@TommyT777
@TommyT777 4 жыл бұрын
This comment hasn’t aged well.
@pnwvibes_
@pnwvibes_ 4 жыл бұрын
@@TommyT777 LMAO
@zoranernjakovic7247
@zoranernjakovic7247 4 жыл бұрын
@@TommyT777 Why? Covid or did they do something?
@deruebelsteboi
@deruebelsteboi 4 жыл бұрын
@@zoranernjakovic7247 dont ask stoopid questions
@Adam_Poirier
@Adam_Poirier 4 жыл бұрын
I don’t care how big and tough of a guy anyone is I know everyone can agree with me there is no one like your mom. Those of us who are fortunate enough to have our mothers around really appreciate them. That was the biggest thing I got from this whole video. Mama corn star works a full-time job and she still cooks and provides and is a great mom to her family. Coming from a farming background I already knew all these realities but I think you did an amazing job on this video Cole. A lot of people really need to see this
@ianmccallum5674
@ianmccallum5674 4 жыл бұрын
Great Cole very informative a lot people think that a carton milk , loaf of bread and those half dozen chops come from the supermarket. You are lucky that you get subsidise by the government in America or U.S.A. . A Australia the only help we get is fuel exercise .. The only way I found to get ahead is not keep up with the Jones next door you go broke .. I have been a farmer for forty five years until due to ailing health . My father sixty years in farming . My grand father did fifty years until bad health . My great grandfather did forty years . One thing you did not talk about is inflation of purchasing power over selling of your commodities has changed a hell of a lot . In 1975 TOYOTA Hilux was $ 3000-00 , 1979 same vehicle $ 7000-00 , 1989 same vehicle $ 21000-00 . In 2000 same vehicle $30000-00_ In 2005 same vehicle $ 47000-00 . Average pricing Now 18mth old steer 1975 you would get $ 300-00 . Same steer 1979 $ 350-00 . In 1989 same steer $ 450-00 . In 2000 same steer $ 580-00 . In 2005 same steer $ 650-00 . A steer same 2018 $900-00 . Same vehicle $56000-00. Ton wheat. 1975. $ 130-00 , 1979 $ 135-00 , 1989 $160-00 governments step in because of poor pricing pool system was set up 2000 $200-00 in 2005 $ 240-00 . In 2018. Wheat is $ 160-00 You see the comparison over the years . The only government help is 0.3845 cent Subsidies per litre on fuel in the paddock Your truly Ian McCallum. E-mail armshot75@bigpond.com If that doesn’t work. Try. armshot75@gmail.com Keep in touch good luck Cole
@WelkerFarms
@WelkerFarms 4 жыл бұрын
That was a great video Cole, you put a lot of effort in this and it shows!
@imedofad8163
@imedofad8163 4 жыл бұрын
Hey walker farms ❤❤❤
@toddgolling5760
@toddgolling5760 4 жыл бұрын
My YT feed thinks I am a farmer. Ads for seed, root improvement, Case...seeing as I watch Cole and Welkers and Millenial Farmer I guess I pretty much am a farmer now. If I come during harvest can I drive a combine? You don't have to pay me!
@anastyb
@anastyb 4 жыл бұрын
Hi Nick , just for the record I'm behind welkerfarms alot because we've always bought used and restored it better than new.
@weirdoakagfy
@weirdoakagfy 4 жыл бұрын
We
@johndowe7003
@johndowe7003 4 жыл бұрын
@@toddgolling5760 it get old once the novelty wears off lol 16hr sittign down looking at the same shit gets boring real quick
@noxagonal
@noxagonal 3 жыл бұрын
My parents were farmers, they're selling all equipment and rent some of the fields nowadays. The farm was just too small to survive in the modern economy. A trend too common in my opinion. As a farmer it's almost impossible to raise the prices or no one will take your product. The selling price is practically locked but equipment and utilities cost keeps going up.
@altha-rf1et
@altha-rf1et Жыл бұрын
i got mine from my parents I have 35 acres, I do a community farm,, They need to do that
@ciaranharrington4141
@ciaranharrington4141 Жыл бұрын
35 arces is a small paddock
@Bruceillest101
@Bruceillest101 4 жыл бұрын
I'm originally from a big city but moved to a small farming town for school. I lived with a guy who worked on his family farm on the weekends and during school breaks. His work ethic blew my mind. He would wake up everyday @ 4am to drive a few towns over and work on the farm. He is the most hard working and humble person I've ever met. It definitely changed my perspective. I just want to say thank you to all the famers for feeding the rest of us. You guys are really the backbone of America. God Bless you and your families
@HipsterBot2000
@HipsterBot2000 4 жыл бұрын
*I moved to a small town that i found out almost a quarter were farm owners. Most high school students were working in the fields. I joined my friends who convinced me to work with them. I am glad to have worked in the fields. I learned what hard work was. The farm owners are amazing people. Helping anyway they could. Just observing on the job i realized how much goes into being a farmer. Mad respect for farmers and the FFA.*
@Bones-te7pf
@Bones-te7pf 4 жыл бұрын
Who’s else didn’t look this up and is watching
@AlcoholTabacoandFirearms
@AlcoholTabacoandFirearms 4 жыл бұрын
Well he has 201k subs and yuh that's how recommendeds work
@bananabones4481
@bananabones4481 4 жыл бұрын
@@AlcoholTabacoandFirearms 202K
@garciadavid1165
@garciadavid1165 4 жыл бұрын
Yup
@chrism552
@chrism552 4 жыл бұрын
I am. Got to hand it to the kid though, his voice and quick talking, keep his video seamless.
@justmean4595
@justmean4595 4 жыл бұрын
I don't know why, but after watching this kid I feel like I need to go back to school!!!!
@bananapudn2
@bananapudn2 3 жыл бұрын
Corn has had a great run over the past 2 years, hopefully y'all are making good money now. Very enlightening video, thank you for this great effort. Farmers are a great example of keeping the faith through good times and bad.
@vector150
@vector150 4 жыл бұрын
This is why my grandfather and father sent me to school. to live a different life did not want me farming. outside of the money normal people have no clue the sacrifices and the physical and mental stress this work puts on a person.
@travisdavis3974
@travisdavis3974 4 жыл бұрын
Maybe he knew you weren't tough enough to hack it
@bestvidsdottk
@bestvidsdottk 4 жыл бұрын
@@travisdavis3974 they knew he was a little funny from year 4
@travisdavis3974
@travisdavis3974 4 жыл бұрын
@@bestvidsdottk right!!!
@travisdavis3974
@travisdavis3974 4 жыл бұрын
@Yellowhammer okay, you needed military discipline because you couldn't wake up and follow your own plan.
@F7ble
@F7ble 4 жыл бұрын
doesn't every jobs?
@willr69420
@willr69420 4 жыл бұрын
Cole voted "Most Likely to Succeed in KZbin and Farming". Way to go Cole! You are proving them right!
@brynjolf3974
@brynjolf3974 3 жыл бұрын
Most people: don’t talk to me about work outside of work. Farmers: hey I’m going to work after I’m done working and then we can talk about work until we go back to work
@rockandnol3233
@rockandnol3233 3 жыл бұрын
Sometimes we talk about work...WHILE we are working
@nazarean
@nazarean 3 жыл бұрын
this sir, is very funny. good one
@JeffReeves
@JeffReeves 3 жыл бұрын
I've lived in cities my entire life and have never even been on a real farm, and yet I'm compelled to watch this video all the way through. Really fascinating stuff to watch! You've got a great presentation style; and the information you are sharing is the right blend of technical and simplicity for a complete novice like me to understand. It's cool to see how a bit of the ins and outs of a lifestyle I'll likely never know otherwise. Got a new subscriber!
@dness3673
@dness3673 4 жыл бұрын
My Grandpa came out here to North Dakota with $40 and a Model T Ford. In 1922, It will be 100 years here shortly, you mentioned faith. In 98 years we have never turned a wheel in ANY of our fields on a Sunday. NEVER. My dad now is 87 years old. Im 44, Dad still helps out what he can. I can honestly say that our 1600 acres are an exclusive family farm. The only thing that saved me was my wifes online business. THANK GOD! She has kept our family afloat for the last 7 or 8 years. In wheat country its really really bad currently. Hopefully, its gets better soon. Going to church tomorrow to pray again. Have a blessed day. Thank you!
@TheBereangirl
@TheBereangirl 4 жыл бұрын
All it takes is the "say so" of some crackpot celebrity doctor who wants to make a name for them self to ruin the life of our nation's farmers.😕
@johngnipper1454
@johngnipper1454 4 жыл бұрын
Yes sir , family was in dairying for over 75 years, i sold cows in 2012, broke my heart but now much better income as an electrician. Sorry to say you can starve farming....but you can sure as anything.
@johngnipper1454
@johngnipper1454 4 жыл бұрын
@Jeremy Shaffer looked at that , the other farmers around me says it isnt all its cracked up to be, again high input costs.
@KlipschHead281
@KlipschHead281 4 жыл бұрын
@@johngnipper1454 - 2 major dairy companies filed for bankruptcy last year, dairy farmers are getting hit even harder this year, hopefully you're doing well now.
@johngnipper1454
@johngnipper1454 4 жыл бұрын
@Jeremy Shaffer Give it a shot,...
@JarodARed
@JarodARed 4 жыл бұрын
You can find farming vids all over KZbin. It’s ur character, spirit and the family behind you that tunes us viewers to you. You are an awesome young man with an awesome family. Keep it up
@jenniferbutcher8393
@jenniferbutcher8393 4 жыл бұрын
"For we walk by faith, not by sight"....thank you for opening the eyes of those who don't farm. Its not an easy life, you must love the land and what you do. And Yes...the first and most important thing...faith in God. Keeping you all in my prayers❤
@wraith0000001
@wraith0000001 3 жыл бұрын
What an interesting video. Having no idea about farming this was a great insight into the life of a farmer. It's no wonder the stresses on farmers are so high and the time spent and efforts undertaken are so under appreciated by many.
@Stephen_A.
@Stephen_A. 4 жыл бұрын
I'm glad you are using state averages. I really feel your own personal finances are totally none of my business and I never, ever, wondered how much money your farm made. I just enjoy your videos , enthusiasm and hard work.
@friendship1957
@friendship1957 4 жыл бұрын
Completely agree.
@andrewinbody4301
@andrewinbody4301 4 жыл бұрын
Me too. I wanna go volunteer to work for the kid... I mean young man.
@anastyb
@anastyb 4 жыл бұрын
I'd like to see Zach the blowhard Johnson's creative financing! Some of you have NOOOOOO IDEA what KZbin can bring in.
@96lapiscoupe1
@96lapiscoupe1 4 жыл бұрын
anastyb why be so abrasive? No one forces you to watch anyone’s channel.
@Stephen_A.
@Stephen_A. 4 жыл бұрын
@@dbutters3927 You are right. KZbin videos take a lot of work and content to bring in a lot of money gaining many subscribers. Video editing is no small task when done with good design. Cole is getting very good at it and will only get better with the more he edits. I'm pretty sure he is using Final Cut to do his editing since he uses a Macbook to do his editing. I wish I had that kind of skill. Maybe some day I will ...
@55720871
@55720871 4 жыл бұрын
I have nothing to do with farming, but somehow wached this one till the end.
@Slow370Z
@Slow370Z 4 жыл бұрын
Andrey Rudenko Same
@JSmith-wy3yh
@JSmith-wy3yh 4 жыл бұрын
same
@DESIBOY-fe7nm
@DESIBOY-fe7nm 4 жыл бұрын
Same.
@elijahlining5940
@elijahlining5940 4 жыл бұрын
Same bro
@wannabecarguy
@wannabecarguy 4 жыл бұрын
It is an important part of our economy.
@anthonygendron9737
@anthonygendron9737 4 жыл бұрын
This is why Jesus was a carpenter and not a farmer. God bless you guys. Keep us fed.
@mymusicaccount1456
@mymusicaccount1456 4 жыл бұрын
Thought he was a shepherd?
@anthonygendron9737
@anthonygendron9737 4 жыл бұрын
He was a carpenter first.
@jblackwell-eq7br
@jblackwell-eq7br 4 жыл бұрын
@@mymusicaccount1456 ...lol
@fulllifestyle4022
@fulllifestyle4022 4 жыл бұрын
Yeah he grew up in a house of carpenters
@JamieR1988
@JamieR1988 4 жыл бұрын
Wasn't even real, but ok....
@OM-sb2bd
@OM-sb2bd 3 жыл бұрын
This was extremely interesting and eye opening. And depressing as the total income went way into the red. Incredible presentation. God bless farmers!
@squirrelhunter4life909
@squirrelhunter4life909 4 жыл бұрын
Cole you are a very intelligent 22 year old man, and you are a great asset to your family farm, always trying to better everything and be more efficient , WOW that is a lot of work and worry for such a young man to handle along with all the farm work and You Tube work and school as well. I for one am very proud of you and very impressed. Remember to take a little time for your self to enjoy life while you are still young and healthy enough to do so. God Bless you and your family, THANKS from a old farm boy
@markhunt9105
@markhunt9105 4 жыл бұрын
I don't know many 22 years who know their business this well! God bless the famers.
@frankcar1965
@frankcar1965 4 жыл бұрын
And god bless the American citizens who SUBSIDIZE all those farmers with their taxes while the farmers sell to China.
@rjohnson426
@rjohnson426 4 жыл бұрын
Excellent summary Cole: as a former farmer and now a financial person, that was one of the bests summaries I have heard. So many rabbit holes to avoid when trying to explain this
@AskYourComputerGuy
@AskYourComputerGuy 3 жыл бұрын
Great video, very informative! I had no idea how expensive it was to farm and how thin the margins were. I'll never look at corn or beans the same way again. Thank you for an easy to follow and explain video. I enjoyed it!
@danielshrader6038
@danielshrader6038 4 жыл бұрын
Dear Mr. Cole The Cornstar, you have the equivalent of a MBA in Operations Management all rolled up in a great family history story. You articulated the overview of farm finances beautifully. Thank you!
@TheNemosdaddy
@TheNemosdaddy 4 жыл бұрын
He has a college degree
@superchuck3259
@superchuck3259 4 жыл бұрын
Proper Management of things is critical in life! It takes excellent management to make a good profit or any profit. Also you need to decide if you want to invest in a 30k piece of equipment or use the 30k to pay your past due bills before you get cut off. While the 30k saves you each year, the bills are due now, really due now as past due!
@soygod2766
@soygod2766 4 жыл бұрын
“Some farmers are really bad at marketing” * shows picture of dad *
@kissutyi2310
@kissutyi2310 4 жыл бұрын
Its even funnier now that you pointed it out
@caidenbilliot8768
@caidenbilliot8768 4 жыл бұрын
Lmaoo
@sebrofc
@sebrofc 4 жыл бұрын
I think I seriously learned more in the 30 minutes of this video than I did the entire time in AG/FFA
@bcheo890
@bcheo890 4 жыл бұрын
FFA is a joke put together by city slickers who want to know about farming but end up petting cows instead.
@landonelliott3607
@landonelliott3607 4 жыл бұрын
B Pacheco dumb comment
@SarcasticRealist1
@SarcasticRealist1 8 ай бұрын
Very informative. I liked the video but the end got me. The only thing I would change, and I know this video is 4 years old. Your number 4 thing in review, that’s what got me to like and subscribe, however, my change is just that. Your number 4 review should be your number 1. Always put God first. I admire you for being so transparent in your video. Great job.
@davidstakston1950
@davidstakston1950 4 жыл бұрын
I grew up on a small dairy farm with tobacco as our cash crop. When I was 16 years old my Dad said I could raise an acre of tobacco for myself so I would have some money for college. After all the hard work of planting, hoeing out all the weeds, topping the tobacco, harvesting was going to be done on Monday. The Sunday night before harvest a small hail storm shredded every leaf of tobacco on my acre of tobacco and the stalk of the tobacco plants was the only part left standing. No insurance on the tobacco crop and I ended up with no tobacco harvest and no college fund. So I know the feelings all the farmers experienced who have had to leave their farms in the past couple of years because of the weather and low prices for their crops.
@bennywarren4393
@bennywarren4393 4 жыл бұрын
Be noon
@paulpence8895
@paulpence8895 4 жыл бұрын
I was lucky enough at 17 to sit at the round table, you all know, the local greasy spoon for lunch every day in the town of 500... neighbor offered me 175 ac for rent, had one more year of high school and was on my way to Purdue Uni... well, that was the start of a 18 year farming carer on our long established family farm, obviously wasn't the last farm I rented bla bla bal, and after 18 years I had to give it up,,, yep I sure miss it... but Corp IT sure does pay better... dad at 76 still plugging away farming ~1000 ac...
@Pistonstrokes
@Pistonstrokes 4 жыл бұрын
You look to be in your mid 20s. However your knowledge, and breakdown about how it works shows how much of a professional you are. I can tell you have put 110% of yourself in to your farm and I I know you will be ever successful in life. I've learned so much from you that I almost even want to figure out how I can get in to the fields but I dont have any connections
@NoobOnFarm
@NoobOnFarm 4 жыл бұрын
He is 23
@Pistonstrokes
@Pistonstrokes 4 жыл бұрын
@@NoobOnFarm so mid 20s. Thanks
@MikeRthe1
@MikeRthe1 4 жыл бұрын
He grew up on the farm. If you spent your entire life doing one thing, youd be a fuckin philosopher on the subject as well. Its not impressive if theyre always broke...
@stepheng130
@stepheng130 4 жыл бұрын
I wouldn't advise trying to get into farming if you didn't grow up on one or have close connections. Too expensive to buy or rent land and machinery is very expensive as well. The only way that someone from the outside would really get into it is by winning the lottery and buying land that way. Otherwise dont try it
@amycrunk9244
@amycrunk9244 4 жыл бұрын
He is 22 years old and has already finished college.
@nbaumg
@nbaumg 4 жыл бұрын
when the video started: oh damn i should have been a farmer when the video was over: oh damn im glad im not a farmer
@monicabahena4629
@monicabahena4629 3 жыл бұрын
But when the next Cold War comes around and food sources go low. Dang should of been a farmer
@thesusboomerroblox6516
@thesusboomerroblox6516 3 жыл бұрын
@@monicabahena4629 I have a tiny farm to live on for a while
@nagatang9725
@nagatang9725 3 жыл бұрын
I just started 1.5 years ago...some up and down...but start to see money.
@StevenJandrt
@StevenJandrt 11 ай бұрын
Excellent presentation, grew up on dairy farm in Wisconsin. Been away from it for 45 yrs.Its easy to drive around the Corn Belt and make assumptions. I got a real eye-opener on the risk and cost of production. I will need to watch this video couple more times to get my mind wrapped around these numbers.Enjoyed it immensely.
@31moondog
@31moondog 4 жыл бұрын
One big expense was left out, the Daddy Cornstar Pizza budget. It must be massive.
@ColeTheCornstar
@ColeTheCornstar 4 жыл бұрын
31moondog 😂😂
@Oliver-kv2mm
@Oliver-kv2mm 4 жыл бұрын
31moondog Don,t forget the Hienz.
@ikonseesmrno7300
@ikonseesmrno7300 4 жыл бұрын
At least he gets castup donations. ;-)
@gungadinn
@gungadinn 4 жыл бұрын
Daddy Cornstar needs to get pizzas/taco's made with corn meal/flour instead of wheat. Might as well prop up the business with what you produce. Cole, your fuel bill seems rather low. When I ran 3 smaller tow trucks and one large wrecker, I was paying over $4000 a month in fuel. The equipment repairs being done in-house verses sending to a shop. Provided you have the skills and parts, in-house save you downtime. Having to haul a tractor or combine to a shop, then get it scheduled into the shop for repair can take days at best, weeks or more. Possibly look into separating the repair business so you can write off more expenses as well as possibly repair others equipment like you do the one neighbors skid steer. Set up a leasing company to lease the farm the equipment instead of the farm proper owning the equipment. It's paper mumbo jumbo, but perfectly legal.
@iowagreatgrammie1079
@iowagreatgrammie1079 4 жыл бұрын
@@gungadinn and all those left handed gloves!#$$
@57fitter
@57fitter 4 жыл бұрын
Cole, this video has just took the top spot as far as farming education videos. At least in my view. You explained just about everything without blank spots that seem to happen in others videos when they try to explain farming economics. Thank you!!
@kazoo3434
@kazoo3434 4 жыл бұрын
My grandparents farmed for 40 years. My grandmother said it best: "Don't become a farmer if you don't like gambling."
@stoneirvin6086
@stoneirvin6086 4 жыл бұрын
Jaiden Hoskins not literal gambling i think he was referring to sell prices [low][high] as in the sell prices on crops could differ at certain times
@superchuck3259
@superchuck3259 4 жыл бұрын
Yeah, most successful farmers learn to hold grain in storage to get better prices. Also how to play the Futures Markets. In the futures market, you agree to sell something at a certain price in the future. A futures contract you could fill today is called a CASH PRICE. A farmer that wants to gamble can sell or buy futures contracts. When to sell the harvested grain is a tricky thing. Prices could rise, maybe, or they could fall. Also you have to pay your expenses so you need to just sell the crop to get that cash instead of letting the crop sit in bins at risk of rotting, fees from storage, or prices falling more!
@1000machz
@1000machz 4 жыл бұрын
Love the content, but it’s hard to swallow that u lose 250k and maintain any lifestyle, redsiding that mansion was expensive
@jaden4489
@jaden4489 4 жыл бұрын
Nice stang.
@rhondareese3908
@rhondareese3908 4 жыл бұрын
@@stoneirvin6086 that's still a gamble.
@mikrieltje
@mikrieltje Жыл бұрын
im from the netherlands so this is completely different (different farm sizes, different crops, different currency, different rules), but still really interesting to see, thanks for making this video ! hope other non-farmers learned alot too
@DanDanDoe
@DanDanDoe Жыл бұрын
As a Dutch non-farmer this has definitely taught me a lot, even if it’s not entirely applicable to our country.
@stevenpeloza3334
@stevenpeloza3334 4 жыл бұрын
I'm a city man, I couldn't tell you the first thing about farming. But this video was so informational and so in depth that you just can't help but to pay respects for that type of hard work. Thank You!
@osvaldo8393
@osvaldo8393 4 жыл бұрын
If Scotty Kilmer was a farmer this would be him
@hillbillysceptic1982
@hillbillysceptic1982 4 жыл бұрын
Rev up your tractors!
@eddielozada3694
@eddielozada3694 4 жыл бұрын
I bet those are Toyota tractors :D
@michaelk5094
@michaelk5094 4 жыл бұрын
Those tractors are not a 99 Celica so he wouldn't care. ha ha
@Zt3v3
@Zt3v3 4 жыл бұрын
Yes! Yes! Yes!
@chinogeekseveryday3761
@chinogeekseveryday3761 4 жыл бұрын
This is his son 🤪
@mikebancroft4620
@mikebancroft4620 4 жыл бұрын
My extended family has a 800 acer farm that has been in our family for 100 years and I always wanted to work it. My uncle who was the main care taker would always tell me there was no money in farming and I thought he was telling me that so he could reap all the benefits. I think I owe him a apology.
@mikemal4398
@mikemal4398 3 жыл бұрын
Gotta learn how to spell acre first. Damn I see u all over KZbin. Unless it’s a lot of mike Bancroft’s out there
@7249xxl
@7249xxl 3 жыл бұрын
i've been stuck watching every farm video on youtube. They are so addicting because the content is so real. Thank you for your very educational video Cole!
@markmccorkle25
@markmccorkle25 4 жыл бұрын
Dude, I grew up on a farm -- and I've learned more about the business of farming in your 1 video than I did the 20 years I lived at home. 100% agree though. This same kind of trend was fluctuating as far back as 1977 for my dad. I'm sure your dad and grandfather have seen some crazy highs and lows too. Best of luck man. I really appreciate what you and your family do.
@valeriehopkins644
@valeriehopkins644 4 жыл бұрын
My dad did some small farming in the late 50s. When my mother and I were cleaning out his file cabinet I found a ledger of his expenses and such. I now understand why his $500 loan from the bank was considered income. Thank you for taking the time.
@lewistelle
@lewistelle 4 жыл бұрын
Prayers for all the farmers out there. We appreciate your hard work and are grateful for all of your efforts to put the best food you possibly can on our tables. Good job for taking what was in your family and increasing the value with your hard work and effort! Praying for a prosperous 2020 and future on your farm!
@AF-O6
@AF-O6 9 ай бұрын
Farming is among the most expensive hobbies. As one who eats, I appreciate your hard work and patriotism.
@richarddpetersen169
@richarddpetersen169 4 жыл бұрын
Working on a farm as a youngster, and again after retirement from a "job" I know the work that goes in to farming. This is a good video, please do more. Oh, give your Mom a hug from me.
@chelsearomero1678
@chelsearomero1678 4 жыл бұрын
The knowledge that y'all have on such a variety of things (farming, finances, mechanics ect) is just astounding...... I really enjoy your videos.
@ege49
@ege49 4 жыл бұрын
In less than 10 minutes, I’ve heard more “Bushels” than I’ve heard in my entire life on this planet put together
@depresseddude12
@depresseddude12 4 жыл бұрын
First time I heard that word. Seriously doubt I'll ever hear it again
@Gabriel.4190
@Gabriel.4190 4 жыл бұрын
@@depresseddude12 bushel
@depresseddude12
@depresseddude12 4 жыл бұрын
@@Gabriel.4190 I didn't hear you say it, I read what you wrote.
@Gabriel.4190
@Gabriel.4190 4 жыл бұрын
@@depresseddude12 Dammit😂
@frank-ui4bu
@frank-ui4bu Жыл бұрын
As someone with only a passing interest in farming, I found this video fascinating--in a large part because of the language and style of the narrator. Thank you for posting this!
@lightningvolt1273
@lightningvolt1273 4 жыл бұрын
Was anybody else curious about how farmers run their farm and watched the entire vid??
@SBooth99
@SBooth99 4 жыл бұрын
Watch TomPemberton farmlife if you wanna find out :)
@Donnut123
@Donnut123 4 жыл бұрын
I did! Can't believe they farm when it looses money...
@weldmachine
@weldmachine 4 жыл бұрын
It is a curious topic. Without farms, we don,t have much to eat ??
@ALLMIGHTO95
@ALLMIGHTO95 4 жыл бұрын
Bro
@JamesRailProductions.
@JamesRailProductions. 4 жыл бұрын
LightningVolt127 ya
@TeamOutlawMotorsports
@TeamOutlawMotorsports 4 жыл бұрын
i grew up on a farm. i know the struggle. throwing you a subscribe because without the farms we have nothing. thanks you. and thank Momma Cornstar for working full time and helping keep the farm life alive.
@johndoe1139
@johndoe1139 4 жыл бұрын
Your pa is lucky to have u. Good worker, making videos on KZbin, and an intellectual. They raised u rite
@dacypher22
@dacypher22 3 жыл бұрын
Thanks for the video! I have lived in cities my whole life and have never even set foot on a professional farm but I have no problem with my tax dollars going to help subsidize farms. We get this money back plus more due to the lower cost of the food that keeps us alive.
@filip2529
@filip2529 4 жыл бұрын
Damn farming simulator 2019 is quite alot easier than in real life Edit: omg thank you for 773 likes. My record🥰
@milocarter1082
@milocarter1082 4 жыл бұрын
Filip mm
@CADTutorialsinUrdu
@CADTutorialsinUrdu 4 жыл бұрын
Epic games hmmmmm
@ExDud
@ExDud 4 жыл бұрын
This reminds me I need to sell my soybeans in farming sim 17
@FreddyLuxe
@FreddyLuxe 4 жыл бұрын
@@ExDud FS19 is free on Epic Games Store until... well.. tonight !! Log in and download the game :) much better than 17 imo :)
@ExDud
@ExDud 4 жыл бұрын
FreddyLuxe thx. I’m on console and just started. I just got game pass and have no idea where to get anything.
@darinking1343
@darinking1343 3 жыл бұрын
I just want to say I've been in business, worked with businesses, wrote software for businesses, etc., for about 50 years now. I know how different industries work and always found them interesting. I live in Iowa also, and in fact lived for 17 years in one of the towns you drove through after the Derecho. My brother had farmed for a number of years, and I had an uncle that farmed. I also worked on a pig farm in the late 70's. With all of that, what you taught me in this video is far more than I ever knew about farming and the business of farming. I want to thank you for that. And thank you and your father and all of your family for working the ground. I appreciate all of the information you gave. I felt you were honest, and I know you gave out a lot of information. I haven't watched your wrecked farm video, but will soon. I pray for your and your family. Thank you!
@judesmamo
@judesmamo 4 жыл бұрын
You remind me so much of Leonardo DiCaprio!! Well, as his character Arnie in, "What's Eating Gilbert Grape"! Only 1 difference... You're a genius!! I truly love the enthusiasm you put into your videos!! Great editing, too!! I first saw your video on fixing up your grandfather's beautiful farmhouse & now I can't stop! I don't even HAVE a farm! It is so refreshing to see a young man like you, so devoted to his family business & making it fun! Your mom must be an amazing woman, that must be so proud of you!! I see you must get your sense of humor from your dad! 😁 Keep it up, man!! Be safe out there! 🌽🌽🌽 🚜🚜
@anastyb
@anastyb 4 жыл бұрын
Bwhahahahaha in my Snoopy howl. I told Cole this a few times and provide links to video on how he is Arnie and he's ignored it!
@judesmamo
@judesmamo 4 жыл бұрын
@John Chrysostom I don't watch TV
@judesmamo
@judesmamo 4 жыл бұрын
@@anastyb I think he gave my comment a ❤
@kaleo2205
@kaleo2205 3 жыл бұрын
Very informative and great editing. I always respected farmers, but after watching your video I have a "brand new" respect for farmers that goes beyond my old and ignorant style of thinking. Thanks man, seriously! Aloha from Hawaii 😁🤙
@mitchelljohnson8988
@mitchelljohnson8988 4 жыл бұрын
Cole this is the BEST explanation of a Farms Finances I have seen on KZbin. Thank you for putting so much time into it for all of us to see! Job Well Done 👍🏻 I never knew how expensive a sprayer could be, plus the chemicals and fertilizers used. I am sure your farm is far more profitable because you own most of your equipment outright. Keep up the Great Work! I enjoy your videos every week. Especially when we are frozen inside up here in Minnesota! Thanks!!!
@michaelcook768
@michaelcook768 4 жыл бұрын
Hi, Cole! Your education in finance shines bright in this presentation. Very informative, presented where anybody could understand.
@ohmbug10
@ohmbug10 4 жыл бұрын
That was a fantastic explanation on the biz end and your "usual" vids are always top notch. Thanks for all you do. God bless.
@brunoambriz7874
@brunoambriz7874 3 жыл бұрын
Cole:“Dad you wont believe this, we made 12$ las year thats better than the -93$ dollars we made the year before” His dad:“Dam son, we made it🤠”
@tjpatton8562
@tjpatton8562 5 ай бұрын
Something doesn't add up with these videos. No farmers seem to make any money, in fact they claim to lose money. Yet somehow the bank looks at their finances and says "here's another 250k for another tractor". Makes no sense.
I Bought A New Tractor
43:02
Cole The Cornstar
Рет қаралды 96 М.
Extreme Combine Challenge: CHEAP VS EXPENSIVE!
55:23
Cole The Cornstar
Рет қаралды 994 М.
Accompanying my daughter to practice dance is so annoying #funny #cute#comedy
00:17
Funny daughter's daily life
Рет қаралды 29 МЛН
小路飞和小丑也太帅了#家庭#搞笑 #funny #小丑 #cosplay
00:13
家庭搞笑日记
Рет қаралды 17 МЛН
We Attempted The Impossible 😱
00:54
Topper Guild
Рет қаралды 36 МЛН
How Much Money Our Small Farm Made this Year
27:55
Gold Shaw Farm
Рет қаралды 403 М.
My Farm Has A $1,358,000 Problem
1:17:23
Cole The Cornstar
Рет қаралды 478 М.
I Bought My 1st Tractor!!
24:23
Cole The Cornstar
Рет қаралды 944 М.
How much MONEY did our FARM make in 2023?
35:46
Gold Shaw Farm
Рет қаралды 77 М.
How Ranchers Make Money
22:03
Trinity Vandenacre
Рет қаралды 805 М.
He Farms 35 Hours a Week By Himself and Makes 6 Figures
20:25
Epic Gardening
Рет қаралды 4,3 МЛН
Dave Ramsey's Life Advice Will Leave You SPEECHLESS (MUST WATCH)
16:40
FREENVESTING
Рет қаралды 12 МЛН
This Land Hasn't Been Farmed In 30+ Years! Time For BIG BUD Iron!
24:48
Welker Farms
Рет қаралды 1,6 МЛН