The Bidding Starts at $1,000,000

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Laura Farms

Laura Farms

Күн бұрын

Пікірлер: 497
@DakotaHomes
@DakotaHomes 11 ай бұрын
Planting is my favorite time of the year! Thank You for all the hard work you do and share with us!
@tonydugal5275
@tonydugal5275 2 жыл бұрын
I love your videos. (I experienced a taste of farming as a teen, in the 70s. I milked 265 cows each morning, and threw 90-pound bales of wet hay up into a stock truck. Was paid $2/hour. Hard, honest work!)
@kennethfuller8347
@kennethfuller8347 2 жыл бұрын
I recently found your channel a few weeks ago (thanks KZbin) and I'm fascinated to learn so much about farming. I live in S. central NC in a farming community and watched the farmers do their thing and often wanted to know more about it, and what it takes. You continue to provide the info on much of what I always had questions about, on your channel. You and Grant are very down to Earth, hard working people, that have helped restore my faith in this country's youth and future. Keep up the good work and I'll continue to tune in and support your channel.
@michaelbabella1103
@michaelbabella1103 2 жыл бұрын
I am sad to say that during the late 70's/early 80's in north Dakota farm auction ads filled the newspapers...songs were written about them, movies made about them...it was a dark time for family farms back then.
@johnzannini1372
@johnzannini1372 2 жыл бұрын
Thank you for sharing your farming lives with me. You both are blessings who bring me great cheer. Grazie.
@markgreen8706
@markgreen8706 2 жыл бұрын
Love your videos. Amazes to watch you jump in and tackle all the different jobs and repairs that you do to the equipment.
@TheRoyalBavarian
@TheRoyalBavarian 2 жыл бұрын
Farming is s rewarding in so many ways. But never long stretches of easy. I'm pulling for you two.
@davidarthur1542
@davidarthur1542 2 жыл бұрын
As a resident of suburbia I have appreciated understanding a little more about what goes into the production of the food I buy at the supermarket based on what I learn from you and some of the other farm video series. Land auctions, trailer manufacturers, equipment operation and maintenance, animal husbandry, etc. I have been to a few livestock auctions that as an observer I found entertaining, but illustrated how little I know about so many things farmers do every day.
@stevenmoratz7333
@stevenmoratz7333 2 жыл бұрын
Interesting slice of a day on the far Laura! Thank you!
@jimhamilton7343
@jimhamilton7343 2 жыл бұрын
Just found your channel yesterday. Can't stop watching them Laura. We both agree you have the greatest personality, but more-you and Grant are such a great representation of young farmers in our country. I appreciate your positive attitude! I have to add, good lord. a million$ to just get in! Holy you know what. I sure hope it wasn't all sold to the giant agribusiness corporations. Keep up all of your good work!
@sergiosaviola7940
@sergiosaviola7940 2 жыл бұрын
Wonderful couple!! I don’t know anything about farming but I do enjoy their videos!!!
@terrytomlinson8772
@terrytomlinson8772 2 жыл бұрын
One thing about farming - you help keep money in motion - Land Auction - always find the price per acre and crop production and sales prices somewhat out of balance - contracting a crop before it's planted to help cover production costs is a good but challenging idea
@kylemusicant1940
@kylemusicant1940 2 жыл бұрын
I love your videos. You're so honest and down to earth. It's a pleasure to watch you and your husband work and have all the fun that you have. Cheers you two!
@jeffstone7912
@jeffstone7912 2 жыл бұрын
My Grandfather was born in Harvard Nebraska in 1884 he passed away at 100 years old when I was 18 years old. I enjoy watching your videos to see the area that he spoke of when I was a child. He told me many stories about working those fields in that area. Harvesting corn running a steam engine that powered a thrashing machine.
@tommy..980
@tommy..980 2 жыл бұрын
Laura and Grant you folks really do a AWSOME job of representing the young farmer of America 🇺🇸!!! I think it shows buy your nearly 300K subscribers👏👏… And you have done it by not cursing like a truck driver or not dress like so many of these young girls doing anything to get viewers!!! TOTAL CLASS CONGRATULATIONS…. You’re folks raised you both well
@earnierosenow9834
@earnierosenow9834 2 жыл бұрын
you posted this 8 months ago and now her subs are 412k, she is an awesome young lady
@garyeverhart2260
@garyeverhart2260 2 жыл бұрын
Kansas is really nice today 65° and tomorrow first day of spring on Sunday going to be 72 but next week I'll be all wet to the week in Kansas
@4by4squared88
@4by4squared88 2 жыл бұрын
When she said the meters were being serviced it’s more replacing any bad parts and the big part is calibration. They will run them on a test bench to make sure they’re putting out the right amount of seed.
@text-2463
@text-2463 2 жыл бұрын
Thanks for watching and commenting , ❤ you have been randomly selected from comments, 20% off on the sale, urgently indeed of finance . Contact me, if interested.
@leslietarboxjr4287
@leslietarboxjr4287 2 жыл бұрын
Laura, you are such a joy to watch. You are always joyful and upbeat and such a beautiful smile that will make anyone's day. It is crazy how much land goes for now a day. When I was a young man, (a hundred years ago,) land went for 25.00 to 40.00 dollars per acre in Maine where I grew up. This is crazy. Thanks for another great video.
@davidkettell5726
@davidkettell5726 2 жыл бұрын
The simple fact is that your land is always worth more than you are !
@numinous2506
@numinous2506 2 жыл бұрын
@@davidkettell5726 repugnant truth
@simonstantoncook478
@simonstantoncook478 Жыл бұрын
Laura. Our thoughts are with you both. We watch your channel from Perth Western Australia. Stay safe and keep farming as people must realise that with no farmers we have no food
@stanleykeith6969
@stanleykeith6969 2 жыл бұрын
I guess someone ran out of money and the bank has come in to sale it off. I was in Fla. when the Federal Marshals sold a 1969 ZL-1 Corvette and the bidding started at $400,000.00 and it sold for 1 million Dollars. One of Two Made.
@CS-bz1tj
@CS-bz1tj 2 жыл бұрын
I'm not a farmer but i love these videos. Makes me wish I'd been a farmer. Can't wait to see you doing some planting. God bless!
@texaswunderkind
@texaswunderkind 2 жыл бұрын
My grandmother's farm was just auctioned two months ago. Was happy to hear the winning bidder was a second cousin, so the land can stay in the family. In Nebraska my family has three different homestead tracts that have only ever been in our family. My third-great grandpa is buried nearby, with his heavily worn grave marker in German. Proud to be a Nebraska native.
@jpk2144
@jpk2144 2 жыл бұрын
I have learned so much about farming and I can see it is not an easy life. Thank you guys for all you do for the American/World people.
@fireforcecreative
@fireforcecreative 2 жыл бұрын
You are both such sweet lovely people, it is a pleasure to watch your day, whatever you are doing. Thanks for including us all.
@davidbanaszak562
@davidbanaszak562 2 жыл бұрын
I like the seabee flag on the wall! As a retired seabee that is a fantastic thing to see..
@Encourageable
@Encourageable 2 жыл бұрын
In Indiana where I grew up there was a 100 acres that went up for auction just a couple of months ago. It went for $950,000. Crazy. When I was a kid it was like $2000 and acre. It was a nice bit of land though - that area of Indiana has amazing soil. I bet the owners cried to see it go.
@paulws58
@paulws58 2 жыл бұрын
That auction was very interesting. I will go to my grave owning my 1 1/2 acres. I wish you nothing but success in your farming endeavors. God bless.
@hisaddle
@hisaddle 2 жыл бұрын
Glad to see the 5 ton inside out of the weather.
@finaltouchlawnapplications3924
@finaltouchlawnapplications3924 2 жыл бұрын
Good morning gals and guys! Speaking of fertilizer, I get to go out with my new Chevrolet Silverado 2500HD, load it with concentrated lime treated it with Humic Acid and a standard commercial Lesco brand push spreader and visit as many customers with Lawn Applications as possible. Fertilizer can do a number on anything when not kept clean, can’t it? Hope you guys are having a great week out there!
@robertferguson6433
@robertferguson6433 2 жыл бұрын
I HOPE ONEDAY YOU ANF GRANT WILL BE BUYING YOUR SHARE OF LAND, WISH YOU BOTH THE BEST.
@smokeyjoe1953
@smokeyjoe1953 2 жыл бұрын
I’ve been to auctions that was selling small parcels that were either foreclosures or condemned. Most of land around here is either sold private treaty or through realtors.
@moak9938
@moak9938 2 жыл бұрын
Howdy guys ! Yes I have seen an auction with a start bid of 1 mil a 2500 sq. Ft home in Novato Ca. Shame things are so high theses days
@johnsandell4501
@johnsandell4501 2 жыл бұрын
Land auction was so interesting. Thanks for bringing us along. You rock!
@jamescarton3686
@jamescarton3686 2 жыл бұрын
Just had a land auction in BENTON COUNTY IND.couple of wks ago went for almost 18000 an acre believe there was about 600+ acres.
@matthewwiersma2732
@matthewwiersma2732 2 жыл бұрын
The biggest farm sale was 64000 out in Nebraska I think it went for over 300 million
@johndavidson6867
@johndavidson6867 2 жыл бұрын
I quite going to auctions many years ago, it seemed to me the sellers, and auctioneers wanted near new prices for everything,and thats not me. Now I just go around to places and ask if they have anything they want to sell. We just haggle over it a bit and make a deal or don't. Good to see you getting ready for seeding time, hope it all goes well for you and Grant,, actually I hope it goes well for farmers in general. Take care, be safe and farm on.
@craigunderthesoutherncross380
@craigunderthesoutherncross380 2 жыл бұрын
if it's anything like here in Australia there's getting less and less family owned farms all the big corporations are coming in and buying everything they can especially overseas companies driving the prices up so ordinary small farmers have no chance of been able to buy any land to expand their properties family owned farms is a dying industry
@garyeverhart2260
@garyeverhart2260 2 жыл бұрын
Last night in Kansas and Winchester went down on the gas price went down to 341 a gallon valley falls is 364 valley falls Kansas
@allenmccoy7656
@allenmccoy7656 2 жыл бұрын
Good luck hope you get the land.
@rayray8840
@rayray8840 2 жыл бұрын
I love farmers, cause I love to eat.🤠. Looks like you're Dad raised you right. 👍💪
@thoswallace
@thoswallace 2 жыл бұрын
I spend a lot of time looking at businesses. And the economics of farming look challenging. Capital intensive. Land is expensive. And the machinery. And you produce a commodity that is subject to the vicissitudes of market forces. On the other hand, it looks fun. You have the outdoors, the machinery, you have all that technology at your fingertips. There is more to life than ROIC.
@phillipdickinson8557
@phillipdickinson8557 2 жыл бұрын
Great job Laura really enjoyed it thank you the land sale was interesting and the planter is almost ready to go fix 4 and 8 leaks thank you for sharing and your time was really great loved it 😀 never miss a video.
@sterlingspencer2934
@sterlingspencer2934 2 жыл бұрын
We still enjoy anytime we spend with you Grant and your dad no matter what the video is about!
@allenburns3177
@allenburns3177 2 жыл бұрын
Those big checks are nice when they come in. The problem is all the small checks you write to make the product or service, eat it up really quick. Love the great attitude and beautiful smile.
@farmingbiker
@farmingbiker 2 жыл бұрын
Another great video. Keep them coming.
@johntaylor7256
@johntaylor7256 2 жыл бұрын
Ya it was an interesting auction that was for sure
@rdyardie
@rdyardie 2 жыл бұрын
Yes, auctions are filled with many different emotions. I am not a farmer but I worked on some relatives' farms during the summer when in high school and then in university. At Uncle Freddy's farm auction I got a chance to walk around the granaries and reflect away from the crowd. I had lots of memories. I was surprised at some of my emotions as I walked by myself. Most of the equipment that I had worked with had been upgraded and traded in for new. At the end of the auction, Uncle Freddy got a chance to say a few words before his "Moon Rocket" modified tractor was auctioned off as the last auction item. He said it was his turn for his auction. He talked about the cycle of life. He was a successful farmer. I could never have delivered a speech like his. It was so matter of fact. Then "Moon Rocket" was auctioned off. Uncle Freddy loved taking his modified tractor all around the Western Prairies and to the big tractor pull in Louisville. The tractor was auctioned off and even Uncle Freddy did not know that his five girls had decided to buy the tractor secretly. Moon Rocket is now part of the Western Development Museum and it gets displayed in various museums around Saskatchewan. By the way, when Moon Rocket was started up for one last time before bids were taken, a modified diesel tractor makes a LOT of smoke and fuss before it gets running properly. One neighbour saw the smoke and he came over because he thought there was a big fire. Remember the circle of life, . . . two years later I was a honorary pallbearer at Uncle Freddy's memorial service. At the end of the service they showed "Moon Rocket" doing a full pull during a tractor pull and the announcer at the fair exclaiming, "Way to go Freddy!" It was a nice ending as we filed out of the sanctuary into the reception hall. . . . oh the memories. 🤔
@stevehocamp8616
@stevehocamp8616 2 жыл бұрын
They sell it differently out in your area. They auction by the acre on land in my area instead of total parcel price.
@michaelgregory1013
@michaelgregory1013 2 жыл бұрын
Will you be sharing your business plan for this year? Cost, expenses estimated profits?
@billmoran3812
@billmoran3812 2 жыл бұрын
There’s some exciting about spring. Knowing it won’t be long before you can get out in the field, planting getting ready for the summer season.
@philipcollings985
@philipcollings985 2 жыл бұрын
How to spend a million or two. Just buy a few acres,. Thanks Laura, for showing the auctioneer in full flow. Very interesting to see it happening,😄
@chrisallen9154
@chrisallen9154 2 жыл бұрын
Land auctions and Barrett Jackson are both mind boggling.
@jamesmartin4165
@jamesmartin4165 2 жыл бұрын
Wow! In Toronto Canada APPARTMENTS go for $1,000,000.
@tonymckeage1028
@tonymckeage1028 2 жыл бұрын
Great Laura farms Video, thanks for sharing
@johnrhardin6460
@johnrhardin6460 2 жыл бұрын
I have about 200 acres to tend to far as mending fences and spraying fence lines.. Had another 143 acres from another owner as well but, had to give it up due to health.. May have to do the same with this farm because I have white fences to paint and not sure if I can this year… Have to see a neurosurgeon this week so, we will see how it goes.
@realBkay
@realBkay 2 жыл бұрын
Stay warm, Laura. With the weax changing so much, I would hate to hear ur sick. Pls take good care of urself.
@tedheierman1181
@tedheierman1181 2 жыл бұрын
Yes, I've been to quite a few auctions and some items start at $1M.
@rodneyevans5525
@rodneyevans5525 2 жыл бұрын
Land prices are so high. A small farmers can't survive. I seen it back in the 1990. If you don't have land to Fram or cattle. I hear a lot of them been getting out. Laura your doing great job showing how hard it to farm. And showing what your have go through
@edshelden7590
@edshelden7590 2 жыл бұрын
The auction was very interesting. Thank you for taking us along. Could you tell if there speculator’s or out of town or country investor types?
@Mike-01234
@Mike-01234 2 жыл бұрын
Can't see how anyone who isn't rich, or born into a farm could even start out farming these days.
@mickjames73
@mickjames73 2 жыл бұрын
hey Laura just wondering what your time breakdown is between planting, harvesting, maintenance and all other bits and pieces.
@brennanreidy6669
@brennanreidy6669 2 жыл бұрын
Here on the east coast, about 10 minutes south of D.C, 1000 acres goes for billion upon BILLIONS of dollars. To put things in perspective, a family friend just sold their 4400 sq ft home that sits on 2.0 acres for 4.5 million dollars. Crazy to see how different things are throughout this country.
@lgrantnelson2863
@lgrantnelson2863 2 жыл бұрын
The auction was interesting and reminds me of a large area of farm land southeast of where I live that is being developed. Where I used to live the farmers retired and got a nice amount of money to retire on. I used to go to church and school with their kids. It's built up now. A large nursery is now a business park. It's the end of an era.
@jeffreykbevins7116
@jeffreykbevins7116 2 жыл бұрын
Hello to you both !!! Thanks for taking us along to the land auction . As always, Jeffrey !!! 🤗👍💖
@LtColDaddy71
@LtColDaddy71 2 жыл бұрын
I get breaking it up because you will get more money for it, but one of my biggest pet peeves is jumping from field to field. That's why a lot of farms have moved to the South. You can get big 4-10 sections all together.
@dougdemaree1963
@dougdemaree1963 2 жыл бұрын
My father was an Auctioneer..........Auctions are lots of fun..!!!!
@VonBluesman
@VonBluesman 2 жыл бұрын
Auctions bring out all kinds of emotions. I just hope the land goes to a family that can enjoy farming and keep the tradition going strong. About the fertilizer, it is extremely corrosive and it can rust out everything from your equipment to your truck bed or tailgate really bad if you don’t wash out any residue that falls out of the bags. One time in my life, maybe two, my Dad told me I was full of fertilizer. LOL 😂
@alan6832
@alan6832 2 жыл бұрын
I find the spray wax from self serve car washes is excellent at fighting regular corrosion, like from road salt. I figure it might work on fertilizer equipment too if you can get it into such a car wash or buy such a wax and use it in a home pressure washer in place of detergent. I think they sell wax in trigger sprayers too for smaller scale work. And tire shine protects mufflers.
@ZoonCrypticon
@ZoonCrypticon 2 жыл бұрын
I think that Bill Gates is buying all the farm land in the USA. Like Amazon`Bezos once did and is still doing, destroying the little enterprises that is, Gates will destroy the little farmers. One day in the future there will be a total dependancy towards these oligarchs.
@text-2463
@text-2463 2 жыл бұрын
Thanks for watching and commenting , ❤ you have been randomly selected from comments, 20% off on the sale, urgently indeed of finance . Contact me, if interested.
@johnagel419
@johnagel419 2 жыл бұрын
Land sales bring out mixed feelings and me too. Sad for the family that couldn't make it go it had to sell off the land, but happy for the new family starting a new life with hopefully successful plan. Happy for alliance sale that remains private and not corporate. I enjoy your channel so much as it brings back so many memories of my life is a farm boy. The patriarch of the family that I was living with on the farm in upstate New York is 94 years old and riddled with diabetes. He's basically blind and has neuropathy in his legs and hands. But he is a farmer and he still does his chores. He's retired for the military and has 1954 army jeep that he still takes down to the pasture and just drives around, LOL, with his blind self. He says he's only bumped into a couple of trees. This man is honestly a riot he's a fire plug. And his mind is still sharp as a tack. I talked with him a couple of months ago and he said, Johnny I'm 90% eating up by diabetes and 10% raising hell. LOL! I love my foster Pops. He took real good care of me as and at risk teenager and was able to keep me on this edge of sanity teaching me to love what it is to work a farm. I loved mucking the stalls. I loved riding Daisy. I loved Roundup. I loved loved loved riding fence. The farm is a great place to learn life's lessons.
@lynpostlethwait3083
@lynpostlethwait3083 2 жыл бұрын
Very great new video on your family checking out the farm ground
@johnsushchyk7933
@johnsushchyk7933 2 жыл бұрын
Thank you for your video Very enjoyable
@williammatzek4660
@williammatzek4660 2 жыл бұрын
Laura equipment dealers base their used equipment prices on auction prices also.
@andyl2221
@andyl2221 2 жыл бұрын
Ground in central Ohio is going for 15 an acre
@rickmaudlin2160
@rickmaudlin2160 2 жыл бұрын
Thanks for the auction trip. Hopefully the land was bought by local independent farmers.
@alberthartje7641
@alberthartje7641 2 жыл бұрын
Laura, You guys do the best videos. Keep up the great work. Have a wonderful weekend. ☺️
@williamrandall6472
@williamrandall6472 2 жыл бұрын
Another great video, tyvm Laura
@NickVanRegenmorter
@NickVanRegenmorter 2 жыл бұрын
I've never seen land sold by the lump sum price, ice always seen it sold by price per acre (you still buy entire pieces)
@johnwyoder
@johnwyoder 2 жыл бұрын
That would be fun to go to such a large-scale land auction. That sounds like a lot of money, and it is, but that land also produces very well.
@raccoons392
@raccoons392 2 жыл бұрын
I like the speed of talking during the sale.
@mickrose9633
@mickrose9633 2 жыл бұрын
Your #1 in the top 10!!!! Really enjoy watching your videos. Aloha from the big island of Hawaii Mick
@rodcharlton1889
@rodcharlton1889 2 жыл бұрын
I think that is the calmest and quietest we have ever seen Laura sit still. I think they call that shock at those land prices? LOL Love the video and thanks for taking us along.
@dannypittman4766
@dannypittman4766 2 жыл бұрын
I know that fertilizer seed and so many other things have gone up but I haven't heard any of my farming channels mentioned how they're going to deal with the skyrocketing fuel cost
@gchoice
@gchoice 2 жыл бұрын
VERY interesting❤ Thanks for sharing.
@psg6314
@psg6314 2 жыл бұрын
I've been to two land auctions and they started the bids for 1 million way to deep for my pockets, 1000 ac in GA is a lot of land
@joe_preston
@joe_preston 2 жыл бұрын
They were rare in Oklahoma but in the last 5 years I've been to many multi-section auctions land goes up and down we are young and can win by attrition eventually.
@dantimber
@dantimber 2 жыл бұрын
Please do a video on food commodity prices, especially corn, wheat and soybeans. Thanks!
@Tsilsby
@Tsilsby 2 жыл бұрын
I attended an auction once, not that long ago. it was a water front property on an island in Florida. it was a decent size lot maybe 1/2 acre - 2/3 at most. there was an older house on the lot but it was worth anything.. It will be bought to demo and build new construction on the lot. It opened at 80k but quickly rose to 750k stalled at 800k then took off again. it ended up selling for 1.3 mills. after fees and everything they paid 1.5M for it. and that's not even 1 acre... its crazy to think how much land is worth in some places. I bet they build a beautiful designer house and it will sell for $5M that is insane.
@bigcharliewilcox895
@bigcharliewilcox895 2 жыл бұрын
How does Grant always look so happy. And his a garnet . He must live a good life .
@jamiezeiler9025
@jamiezeiler9025 2 жыл бұрын
Have not been doing auction where they started it out at a million
@mlr1941
@mlr1941 2 жыл бұрын
Greetings! I'm very impressed with how cheap land is in your area. Five years past my Mother's farm sold at auction for 1.5 million total acreage is 150. We live as far south and west that you can travel in Indiana.
@70lulatsch
@70lulatsch 2 жыл бұрын
I'm not sure how you come to that conclusion. In your case 150 acres for 1.5M means 10k / acre. In this auction the average price was 14.6k / acre so 46% more than what your mother got.
@tyler3148
@tyler3148 2 жыл бұрын
Where I live in sask Canada South Africans just come to a farm and offer a boat load of cash to buy the entire operation equipment land bins buildings all included… dus that ever happen where your from? It’s happend to our 10000 acre family farm 2 times… that’s what me my dad and brother have not to mention what we rent
@MARYMONT88
@MARYMONT88 2 жыл бұрын
LAURA YOU ARE,BEAUTY ,WONDER GIRL!!!!
@humbledsparrows4687
@humbledsparrows4687 2 жыл бұрын
I've been to many auctions, most often walked away shaking my head. It seems that egos and peer pressure drive up the cost of land and equipment. It's sad when you see a used or very used up piece of equipment go for or near retail. Once again, egos and pressure can really influence price. We enjoy your channel.
@70lulatsch
@70lulatsch 2 жыл бұрын
Why would anybody buy used equipment for the retail price? That doesn't look very clever to me..
@karljacobson1575
@karljacobson1575 2 жыл бұрын
This will be the start of the 80s all over again if things don’t cool down! Only thing missing is 20 percent interest! Land is inflated ...better have a lot of old money or a lot to pay a healthy down!!! Sadly young people don’t have that . When you get my age you want to save for the end!!!
@TwiztidPain
@TwiztidPain 2 жыл бұрын
Some ppl love the rush
@robertedwards7749
@robertedwards7749 2 жыл бұрын
I was just thinking the same thing. This is a prime example of why people who are just starting out CAN'T. When a piece of land or equipment sells for so much above what it is worth it has the effect of infecting others to sell their land and equipment for as much or more than its worth. Then no one can do anything. This should be illegal or declared illegal.
@70lulatsch
@70lulatsch 2 жыл бұрын
@@robertedwards7749 There is no such thing as an "intrinsic value". Something is by definition worth as much as others are willing to pay for it.
@ronaldcarter9860
@ronaldcarter9860 2 жыл бұрын
Very interesting video Laura...didn't realize farm land was so expensive...or how wealthy some farmers are...I have always been a fan of Willie's farm aid show which suggest that many farmers are hurting financially ... anyway.. always enjoy and appreciate the content of your videos Laura...keep up the great work....Best farm channel on KZbin!
@mmi16
@mmi16 2 жыл бұрын
Farmers churn money in massive quantities - the costs for land, seed, fertilizer, equipment, irrigation and hundreds of other things necessary to continue in business take away most of the revenue that is realized when the crop is sold - the profit is what, if anything , is left over and it is generally very small considering what was invested to earn it.
@ronaldcarter9860
@ronaldcarter9860 2 жыл бұрын
@@mmi16 Thank you for your insight...i have a better understanding of the financial side of farming...much appreciated..
@bruceducker2029
@bruceducker2029 2 жыл бұрын
Thanks for the content Laura. Interesting to see the auction and I was wondering if there was any land adjacent to yours or Grants. But $1m start, is a bit dear but I know Land ain't cheap. Keep up the content and best wishes to you and yours. On to planting season.
@numinous2506
@numinous2506 2 жыл бұрын
That sunshine pales in comparison. Respect.
@manelson647
@manelson647 2 жыл бұрын
Wow! That’s a ton of money 💰 Numbers that high are beyond my comprehension 🤪 Thanks for showing us what it’s like to sit in on such an auction. Glad you had those sweet brothers to help out with the planter. Seeing that many parts makes me dizzy. You are a devoted farmer! ❤️❤️❤️
@mmi16
@mmi16 2 жыл бұрын
Farming on the scale Laura, Grant and their families are doing - if 7 or 8 digit purchase prices give you pause - you are in the wrong business. Most purchases, equipment, seed, fertilizer, land, irrigation etc. etc. etc. will all be running in the six and seven digit range on a continuing basis. Farming is a business and if you get sticker shock you are in the wrong business.
@johnwyoder
@johnwyoder 2 жыл бұрын
@@mmi16 FYI, the person who commented above is a family member. 🙂
@galdessa1
@galdessa1 2 жыл бұрын
@@mmi16 You will be amazed how much this channel pays Laura. within 4 years she could be bidding for that land.
@BigAlSpeaks
@BigAlSpeaks 2 жыл бұрын
Great viewing!
@jefferybarron929
@jefferybarron929 2 жыл бұрын
Depending on the reasons, an auction can be a sad event... Why is the owner selling? Bad health, failed crops, back taxes... any of these or a combination can make for a dark time for some. Love you guys!!! Our goodwill and agriculture Ambassadors ❤❤❤❤
@cosmocavicchio5252
@cosmocavicchio5252 2 жыл бұрын
Great job with your videos. I’m a city boy from the Boston, Massachusetts suburbs and I subscribe to 5 or 6 farming channels because I find it interesting. I now subscribe to your channel. Keep up the good work and I wish you much success. Cosmo from Billerica, Ma.
@richardscott2622
@richardscott2622 2 жыл бұрын
Well, that's something to check with each use...
@brianwaskow5910
@brianwaskow5910 2 жыл бұрын
Is the land being purchased by local people or big corporations from out of state or out of country?
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