I need to get back on here! the kids have reached an age where they take a lot of time, and working more than ever - i just haven't had the time to post anything - i started several videos - but never finished editing them ... I need to make it a point to get back to posting ...
Thank you for reaching out ... It's been a busy summer - and I've just flat out lost track of time ... I had some new videos started but didn't finish yet ... I will have to try to get those wrapped up and uploaded soon... thank you for watching and for the support! Much appreciated
I again 100% agree with everything in this video. A topic I’d like your perspective on is marketing and playing the board futures. There’s several guys in my area that honestly could care less on the local cash price or raising a crop in general. They make their money on paper shuffling contracts.
Thank you very much - I appreciate the kind feedback..... I've noticed that too .. its like a fantasy football team where you don't actually have to have a football team... or a grain casino.... seems like it's gotten really bad anymore.... they keep saying no demand and killing the cbot - but our local ethonal plants are calling, looking for corn, begging, and paying close to a dollar over ..I've never seen a basis this high ... so if they are needing grain, I assume that is demand - which is again why I don't get that the cbot says there is no demand .... these hedge funds groups and usda - i often fell they are just working against us ..... there is a commodity index fund (I don't totally understand how it all works) but that fund has been getting better 2019 - although covid artificially killed it for a while ... I was talking to a farmer in NE iowa the other day - he noted the same thing - so people are catching onto it and wondering the same .. definitely a story worth investigating....
The debt ceiling was raised 74 times from March 1962 to May 2011, debt ceiling crisis Always lead to the same outcome. I do not see some things the way you do, but if people don't talk nothing will ever get figured out. People are paying more for your products very interesting.
Actually people are paying less for agriculture commodities - if you figure value of the dollar ... the finished food product (what you put in your mouth) - now that cost has risen steadily...the percentage of what farmers get is in a continuous decline .... the national debt is a problem - essentially its bills we did not pay, and had no way of paying, the only way those bills were covered was by printing more money and when you print money you inflate the money supply, i.e - inflation .... you may not 'see things as I do' - not sure what you mean there - literally- everything in this video is exactly what happens or happend, admittingly I exaggerate it to the max imum sometimes, buts on point...
Thank you very much! ... I sincerely appreciate the kind comment ...honestly your kind reply, is the only reason why I continue to make these kind of videos ....
Well, for a guy that believes we are in a continuous downward spiral for commodity prices, and net farm income,,, you certainly have and drive nice farm equipment. Even if leased, your payments gotta be thru the roof.😄 Carry on!
Not believe - it's true ... farm economy is in a continuous decline, which has been explained multiple times on multiple videos and backed up by multiple data points .....I personally have no equipment (except some excavation equipment) - everything in the videos is my fathers, who owns his ground .. essentially I am a day operations, manager - run it as my own, but own nothing and barley make anything for myself - although admitting, I will inherit it all someday .... lease tractor vs owned - compare and 6,000 hr 8330 to leasing a new 8R280 ... I covered this previously in a video about equipment leasing...but for a recap ..the 8330 and the 8R280 are going to cost the same per year ..actually the payment for a lease might be a little less ... yes the 8330 you'll own in 5 to 7 years where as the lease is done and gone (or you have to renew it) .. with the new, you get full warranty... with used you cover it all ...so if you buy used and it needs tires, or other repairs - thats all out of pocket ontop of the payment ....and what do you own in 5 to 7 years ? Something that is wore out........ if you wanted to go older - say a 4955 - that tractor is going to cost you 60 grand .. so 25k a year for a loan payment on a 8330, 25k a year for a lease on a new 8R280 or 60 grand out of pocket (because its hard to finance old equipment) for a 4955 - there is no magic solution ....perhaps this is worth doing a video on ....
@@Blackearthexcavationandtiling Good reply sir, thank you! I caution you, though, I am one who will argue your point about leasing being more cost effective than buying. If you are farming for the long haul, buying is always better than feeding a lease company. Now if you are a 3 year and gone farmer,,,yeah, lease everything, then dump it all when you leave. No auctioneer expense and time wasted showing equipment .
@tim gear I don't disagree whatsoever ... the problem is the cost of new equipment.. it's very hard to just write a check for or to even finance it .... so for smaller operations - if you want new - leasing is the only option .... with a lease you can purchase - lease it for 5 years, then buy it afterwards - essentially 10 year or maybe even 15 year financing ... it's an option to allow farmers to buy new ...
@@Blackearthexcavationandtiling I hope so. Tired of watching the paid to advertise farmers...... Definitely wanting on the down to earth farm vids . Looking to see that planter and all that. From my stack of bricks to yours I'm waving four fingers and a thumb.
What happened to the channel? I thought by now something would be on here? You ok ?
I need to get back on here! the kids have reached an age where they take a lot of time, and working more than ever - i just haven't had the time to post anything - i started several videos - but never finished editing them ... I need to make it a point to get back to posting ...
Miss your videos hope everything okay, everyone need a break.Your videos tells the whole story of farming facts are facts
Thank you for reaching out ... It's been a busy summer - and I've just flat out lost track of time ... I had some new videos started but didn't finish yet ... I will have to try to get those wrapped up and uploaded soon... thank you for watching and for the support! Much appreciated
@@Blackearthexcavationandtiling Hey Farm, Good here all is well. Busy is good. Look forward to here from you. Take care & Be safe Brother.
You still alive out there?
Glad to hear you’re still alive out there! 😉
I again 100% agree with everything in this video. A topic I’d like your perspective on is marketing and playing the board futures. There’s several guys in my area that honestly could care less on the local cash price or raising a crop in general. They make their money on paper shuffling contracts.
Thank you very much - I appreciate the kind feedback.....
I've noticed that too .. its like a fantasy football team where you don't actually have to have a football team... or a grain casino.... seems like it's gotten really bad anymore.... they keep saying no demand and killing the cbot - but our local ethonal plants are calling, looking for corn, begging, and paying close to a dollar over ..I've never seen a basis this high ... so if they are needing grain, I assume that is demand - which is again why I don't get that the cbot says there is no demand .... these hedge funds groups and usda - i often fell they are just working against us ..... there is a commodity index fund (I don't totally understand how it all works) but that fund has been getting better 2019 - although covid artificially killed it for a while ... I was talking to a farmer in NE iowa the other day - he noted the same thing - so people are catching onto it and wondering the same .. definitely a story worth investigating....
The debt ceiling was raised 74 times from March 1962 to May 2011, debt ceiling crisis Always lead to the same outcome. I do not see some things the way you do, but if people don't talk nothing will ever get figured out. People are paying more for your products very interesting.
Actually people are paying less for agriculture commodities - if you figure value of the dollar ... the finished food product (what you put in your mouth) - now that cost has risen steadily...the percentage of what farmers get is in a continuous decline .... the national debt is a problem - essentially its bills we did not pay, and had no way of paying, the only way those bills were covered was by printing more money and when you print money you inflate the money supply, i.e - inflation .... you may not 'see things as I do' - not sure what you mean there - literally- everything in this video is exactly what happens or happend, admittingly I exaggerate it to the max imum sometimes, buts on point...
@@Blackearthexcavationandtiling I totally agree with this video. I was just talking about the debt ceiling.
Love these videos. It’s always great to see you go though the data! Probably one of the best real world ag pricing videos around
Thank you very much! ... I sincerely appreciate the kind comment ...honestly your kind reply, is the only reason why I continue to make these kind of videos ....
Ground where I’m at is pushing $23 thousand CAD a acre
Good greif!
Well, for a guy that believes we are in a continuous downward spiral for commodity prices, and net farm income,,, you certainly have and drive nice farm equipment. Even if leased, your payments gotta be thru the roof.😄
Carry on!
Not believe - it's true ... farm economy is in a continuous decline, which has been explained multiple times on multiple videos and backed up by multiple data points .....I personally have no equipment (except some excavation equipment) - everything in the videos is my fathers, who owns his ground .. essentially I am a day operations, manager - run it as my own, but own nothing and barley make anything for myself - although admitting, I will inherit it all someday .... lease tractor vs owned - compare and 6,000 hr 8330 to leasing a new 8R280 ... I covered this previously in a video about equipment leasing...but for a recap ..the 8330 and the 8R280 are going to cost the same per year ..actually the payment for a lease might be a little less ... yes the 8330 you'll own in 5 to 7 years where as the lease is done and gone (or you have to renew it) .. with the new, you get full warranty... with used you cover it all ...so if you buy used and it needs tires, or other repairs - thats all out of pocket ontop of the payment ....and what do you own in 5 to 7 years ? Something that is wore out........ if you wanted to go older - say a 4955 - that tractor is going to cost you 60 grand .. so 25k a year for a loan payment on a 8330, 25k a year for a lease on a new 8R280 or 60 grand out of pocket (because its hard to finance old equipment) for a 4955 - there is no magic solution ....perhaps this is worth doing a video on ....
@@Blackearthexcavationandtiling Good reply sir, thank you!
I caution you, though, I am one who will argue your point about leasing being more cost effective than buying. If you are farming for the long haul, buying is always better than feeding a lease company. Now if you are a 3 year and gone farmer,,,yeah, lease everything, then dump it all when you leave. No auctioneer expense and time wasted showing equipment .
@tim gear I don't disagree whatsoever ... the problem is the cost of new equipment.. it's very hard to just write a check for or to even finance it .... so for smaller operations - if you want new - leasing is the only option .... with a lease you can purchase - lease it for 5 years, then buy it afterwards - essentially 10 year or maybe even 15 year financing ... it's an option to allow farmers to buy new ...
Thanks for the video !
Thanks for watching
Where u been???
Time has definitely gotten away from me ... but I'll be back soon with more videos!
@@Blackearthexcavationandtiling I hope so. Tired of watching the paid to advertise farmers...... Definitely wanting on the down to earth farm vids . Looking to see that planter and all that. From my stack of bricks to yours I'm waving four fingers and a thumb.