Land Investments and Commodities w/ Seth Vander Weide | I Bought A Farm

In this episode of I Bought A Farm, we bring on Seth Vander Weide from Logic Livestock to talk to us about commodities in relation to land investment. Seth is a Licensed Commodity Broker, Livestock Agent and Crop Insurance Agent. As landowners, we're always looking for ways to financially benefit from our properties. Whether it's agriculture, timber, or minerals, there are many different ways to make the most of your land investment. We hope you guys enjoy this episode of the I Bought A Farm series.
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[@Raised-Right]

Happy Independence Day

[@philswifty]

Have yall talked about the cj alexander buck since hes been indicated?

[@Leatherwoodoutdoors]

This is heavily resting on farmland of the Midwest. I'm farming 115 acre family farm with beef cattle. So normally here in Pennsylvania your really not going to be outsourcing corn. Usually the large local farmers are paying to lease your land to plant corn and soybean. I traded about 20 acres of land to plant to a local crop farmer in exchange that after 5 years he replant it in good alfalfa and Timothy for hay. I now have a 20 acre soybean plot bordering my hunting land. I can rotate my fields, have less wear and tear on my machinery and spend more time in other places for work that pay more. Plus, crop farmers are going to be better planters than the average farmer who doesn't plant yearly. I stopped planting corn and have grass fed cattle. I can't compete with the deer and the poor weather and I don't get that much more for my cattle to pay to do it anymore. Then you have oil, gas, coal to get rights to ( if you own them). I'd say, land with timber on it is going to be a better investment for you than farm land if your in my area.

[@brianbotkin7484]

Where’d the episodes with the financial advisor go? I can’t remember the guy’s name

[@TheHuntingChad]

Nick Scalma

[@brianbotkin7484]

@@TheHuntingChad thank you

[@buck16]

There's a lot of different reasons to buy hunting land. But one bit of advice maybe we should follow is make sure we never love the property. Love people and maybe pets but don't love things. Many things can happen that logic dictates we need to sell the land and it's a lot easier and unemotional if we don't love it. I bought my tree farm to increase my investment in natural resources (timber, oil, and gas). I could have just bought stock in timber, oil, and gas Companies, but I wanted to own the timber and mineral rights directly. The added icing is that i can also hunt on the land. As far as commodities trading goes, I would only pursue that through an experienced commodities expert. Commodities trading can be risky so experience and daily pulse on those markets is key to reduce the risk exposure.

[@michaelgangadeen8013]

Not the best interview. I am not normally critical but you guys winged it and should have been more prepared on the subject matter because the interview was dull. I’m sure your guest would have been able to offer more insight if better questions and scenarios were presented. I know the subject matter very well but if I was not familiar, I might be lost and/or apprehensive after this episode

[@jonathanstone150]

I thought it answered a lot of questions I’ve had since I hope to own a property to hunt some day. How exciting did you expect a podcast about land investing and commodities to be?