Poultry Farm Finances with John Hylton

[@YoureNotReet]

My dad inherited 5 houses from his dad and built 2 of his own. The stress of always having to update the houses and the politics of the performance based system really took a toll on him. He was finally able to get out in late 2009 and start a new life. Unfortunately after selling the farm, leaving his hometown and building a new home for us, he died later that same year. Only 49 and was so unexpected. I know the years he spent as a chicken grower- the dirtiness of the job and crookedness of the companies themselves as well as the politics and favoritism killed him young. He never hesitated to discourage me from even considering to keep the family business going. And for that, I am eternally grateful to him. He didn’t get to enjoy much of his new life but I’m glad he was able to get out. Even if only for a little while If you love your children, don’t let them become chicken growers RIP DAD/SDC

[@PoultryBiosecurity]

Sure am sorry to hear about your Dad. I know you miss him. It is an absolute thankless job but we are so thankful for those growers who endure the mess to provide us with food. Thats why we started this channel to help these growers anyway we can. Thank you for reaching out. Allen

[@cncrim1]

Sort for your dad.

[@ijohnfornah1797]

Hello John thank you very for the programed Sir, i get every thing that you said it is a very fine programmed . if i many ask, if i may ask where to get help or finance my my chickens are dying. no money to buy and replace the lost one due to Most chickens who fall sick with COVID-19 will experience mild to moderate symptoms and recover without special treatment but others death along the line this is the reason for losing every thing

[@PoultryBiosecurity]

Hi John, unfortunately I'm not sure exactly how to help you.

[@nathankane9189]

john says it himself the farmer only builds enough equity to pay for upgrades, which leaves him back at square one only to end up in a vicious circle the banks know the farmers wont be able to pay it down so they make tons of money with the intergrator

[@MikeUsrySouthland]

It can be a vicious cycle for sure. Anecdotally speaking it seems designed that way. There is no argument here on your thought process. However, if you are in the business the one thing you can do is THINK about ways around it. I have known poultry growers to QUIETLY (big key) build equity positions in their farm, pay it off, and completely shift the power frame.

[@chrismichaels-h5d]

As of 11/26/23 8% on a 20 year. You can not buy or start a new operation and finance it @@MikeUsrySouthland

[@nedthomasjr5854]

V.A.

[@crazzyearl]

"rates will remain flat" this did not age well

[@MikeUsrySouthland]

Ha!! It did for about 18 months then BOOM!

[@boomer1049]

Nobody thought we would see stolen elections so that's what comes with it!

[@nedthomasjr5854]

They buying u a house

[@PoultryBiosecurity]

I'm not looking to get back into the chicken growing business LOL. So even if they offered to buy me a chicken house I would have to turn it down. LOL.

[@YoureNotReet]

@@PoultryBiosecurity​ My dad inherited 5 houses from his dad and built 2 of his own. The stress of always having to update the houses and the politics of the performance based system really took a toll on him. He was finally able to get out in late 2009 and start a new life. Unfortunately after selling the farm, leaving his hometown and building a new home for us, he died later that same year. Only 49 and was so unexpected. I know the years he spent as a chicken grower- the dirtiness of the job and crookedness of the companies themselves as well as the politics and favoritism killed him young. He never hesitated to discourage me from even considering to keep the family business going. And for that, I am eternally grateful to him. He didn’t get to enjoy much of his new life but I’m glad he was able to get out. Even if only for a little while If you love your children, don’t let them become chicken growers RIP DAD/SDC

[@nedthomasjr5854]

God is in charge.india.bossman.bosslady.