The Sky-High Price Of Farming: Farmland Selling For Millions Of Dollars!

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  • Опубліковано 5 жов 2024
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    #Farm #Illinois #Fall #Harvest #FarmingSimulator22
    Andy "aTrippyFarmer" Dole is a 6th generation farmer from Central Illinois. On this farm, Andy works alongside his father, Marty, his uncles, Chris and Jeff, and his sister, Katie, to grow corn and soybeans on some of the finest dirt in the world. Andy and his family are deeply rooted in the area, operating a large farm that traces it origins back into the 1800s. Although some tracts did not stand the test of time, Andy and his family still grow corn and soybeans on fields that have been in the family for longer than even the oldest members of the farm have been alive. We do, we have, and we always will take tremendous pride in calling this piece of paradise our home. Andy was a Bronze Tablet graduate of the University of Illinois in the field of Crop Sciences, following the same path as his father and late grandfather.
    It would be misleading for Andy to claim that this life is one that came by chance; rather, as a member of two multi-generational farm families, it was simply in his blood. His passion for agriculture traces back to his early youth--some of his fondest, earliest memories being of days spent riding in the combine with his father and grandfather. Although his understanding of the lifestyle was much less complex in the beginning, the love he has for farming, and its industry has only appreciated through time. As this dream blossomed into adulthood, Andy now works relentlessly, and tirelessly, to chase his own dreams and to build a farming operation of his own alongside his family.
    We, as a whole operation, are handymen, electricians, mechanics, landscapers, accountants, economists, caretakers, stewards, and, most importantly, farmers, and we take an incredible amount of pride in our work. There is no challenge too overwhelming, no situation too stressful, and no problem too difficult for us to take on, and we want to take you along with us. Welcome to our farm and welcome to our lives. You have the best seat in the house to watch the everyday chaos of farming unfold--we usually only get concerned when things aren't going wrong!
    Follow Andy on Social Media for Live Updates:
    Twitter: / atrippyfarmer
    Facebook: / atrippyfarmer
    Instagram: / atrippyfarmer

КОМЕНТАРІ • 153

  • @erikspencer2396
    @erikspencer2396 Рік тому

    Dude..I love your dad’s solid choice of attire…my dad does a black shirt blue jeans…that’s awesome man!!

  • @peteparker7396
    @peteparker7396 Рік тому +12

    My brother and I bought two sections next to several we already owned 10 years ago. And like you said, we want all out to buy them. Keep in mind they had old irrigation wells so even though it had not been an irrigated farm for years we knew it had enough water to do what we wanted. We paid 25% more then market value at the time. Which I won’t comment on the price. Anyhow! We spent money reworking the wells and putting in drip irrigation on about 400 acres. Those acres paid for the two sections and the upgrades in under 5 years. Now? Going rate is 75% more then what we paid. Moral of the story? Yes, it’s painful buying land. But regardless of the markets, it’s always a good investment.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      A very insightful comment… I agree that land is always a good investment, but, it doesn’t make it any less painful when you are writing those checks. It is a good feeling owning farms next door!

  • @markrose2475
    @markrose2475 Рік тому +3

    Great video. I live in Southern Ontario. I sold my farm to a neighbour this fall by tender. I had four neighbours bidding with the winning bid over 35 thousand an acre. I bought the land in 95 under 3 thousand an acre. Wow, Times have changed..

  • @brandonhickman6658
    @brandonhickman6658 Рік тому +26

    Like my grandpa always said, you never own land you just have the right to pay taxes on it until you can’t! Sad but true.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +2

      My friend and I were just talking about that last night. Property taxes are a scam 😂

  • @shazmodeus2795
    @shazmodeus2795 Рік тому +2

    I farm in IL also, central IL but north of you, in Henry Co. Farms with soil quality around 140 are going for $17k/ac here as well. It's kind of crazy to see, and land prices are out pacing grain prices, which will put a real strain on the balance sheet. Watched a real nice piece sell last year for $14.6k/ac and thought that guy was nuts, now he looks like a genius.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      Hello neighbor! We passed on a good farm in 2019 for $9500 because corn was $3.50. That farm is probably worth 15k plus today. Oh well… hindsight is 20/20. Eventually we will calm these markets down, especially with the global ability to produce an over-abundance of grain. It’ll be interesting to see where everything shakes out. I’d like to think that most current farmers have a pretty healthy balance sheet. Thanks for the comment!

  • @TheJimmybud
    @TheJimmybud Рік тому +2

    $19,782 Northwest Indiana 300-acre farm 5 tracts!

  • @dougnelson4162
    @dougnelson4162 Рік тому +2

    80 acres northeast nebraska dakota co. $17500 sold couple weeks ago.

  • @carlfalt174
    @carlfalt174 Рік тому +7

    Here in central Alberta land that was $300,000 per quarter (160 acres) 15 years ago is now selling for $600,000+. I remember the 1982-85 period when land value dropped in some cases by half in that time frame. There were a lot of guys who went out of business and never came back.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      I’ve noticed that the traditionally marginal acres are slowly losing their lower-cost advantage that they’ve held for decades. It won’t be long before all land sells for the same price range!

    • @peteparker7396
      @peteparker7396 Рік тому +1

      The early 80’s were brutal,,,, I was just a kid but I remember them. I remember the struggles and the loss of so many family farms. That was truly the turning point going from small family farms to big farms.

    • @carlfalt174
      @carlfalt174 Рік тому +1

      @@aTrippyFarmer a classic example was a quarter that sold this fall a mile and half north of me it is grey soil full of rocks for $630,000. The buyer decided to break up the land after a decade of pasture and I could hear the rocks clink in the yard as they passed over the heavy disk. The same land twenty years ago wouldn't be worth $200,000. Land has gone way too high

    • @paulprigge1209
      @paulprigge1209 Рік тому

      That was the same thing here. Sad thing is they were encouraged to spend the money and then the government offered to bail some of them out. Depending on the situation. So some went bankrupt and others government Basically wrote it off. My understanding. 60+ years old I am

    • @FollowingKeenan
      @FollowingKeenan Рік тому +1

      In April farm land near me sold for $5,000 acre 30 acres. Flat, square, good ground Pi of 120, in central Illinois. Its still out there, but its werid how some land goes for. Then something cant get the same price.

  • @randydev1020
    @randydev1020 Рік тому +2

    I wondered how old those boots were...we get boot allowances at work and i still see guys with boots like your old ones ...got to look after your feet and they will look after you when you are older... I use to wear out the cap on the right side kicking the brake pedal while turning around looking behind , boots are better now with good cap on them to help prevent that

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      Those boots were probably 8 years old, but I never wore them. I just started using them against once my other boots gave out on me during harvest!

  • @billjohnson2462
    @billjohnson2462 Рік тому +2

    A person can probably a good used 185-250 CFM air compressor for under $3k
    Best money I ever spent for cleaning equipment
    Thanks for another great video Andy 😊

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      I’ve seen others used something like that. They look like they can really move some air!

  • @Karithesoccerdog
    @Karithesoccerdog Рік тому

    Hi from Australia. I grew up in Western Australia in the Wheatbelt on a sheep and wheat farm. Spent 7 years in the education department and 20 years in law enforcement but still have Farming in the blood. Watching your videos (and others) amazes me as to how different farming is around the world. From machinery, to fields or paddocks, to fences or no fences, bushells, bags or tonnes.
    Land prices are unbelievable here too, fuel is priced higher than gold. It’s harvest time in Australia and everyone is racing to be finished by Xmas.
    We have roughly 3,500 acres, a small operation, but we lease it out to neighbour.
    Anyway keep up the videos. Enjoying it a lot.

  • @tomnugent845
    @tomnugent845 Рік тому +2

    Andy, we run a 10 year old combine, 5 and 10year old tractors, and plan on upgrading our grain system next year. We do our own tiling to save cost. Sorry about the land sale, you may get another chance to by some of that land. Life is full of choices.

    • @peteparker7396
      @peteparker7396 Рік тому

      I’ll give you a good example. In 1980 my Dad bought two new 4440’s. Consecutive serial numbers. One we still have to this day, original motor and transmission. New clutch and other odds and ends. The other was a dog. We had to rebuild motor and transmission. It left shortly after we got the use out of the new rebuilds. My point is, you never know! And land buying is a rare opportunity that if you miss it,,,, it may not happen again.

  • @johnbrazell1976
    @johnbrazell1976 Рік тому +1

    Just wanted to tell you that I appreciate your channel. Knowledgeable and down to earth.
    I understand land purchases are usually a good investment. From experience...I do have concerns. We were farmers caught up in the late seventies / early eighties crunch. Purchased more land and then inflation / high interest rates.
    Older farmers remember this time.
    We as others went out of business.
    With all that said...hope your family always has good fortune in farming. There's nothing else compares to it!

  • @teenagefarmer
    @teenagefarmer Рік тому +1

    Nice job Andy. See you next time

  • @roberturich5346
    @roberturich5346 Рік тому +3

    In North Central Missouri, farmland will range from 4-8k an acre right now

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      Just wait… you’ll be in the 5 digits before too long!!

  • @ataglance556
    @ataglance556 Рік тому +5

    Hey Andy!!! glad to see you got some new kicks(Shoes) and dude loved seeing the kitties 🙂, hope all the family and crew are doing well and hi Mrs. Katie 👋😊, until next vid, stay safe, stay awesome out there and loved to be tagging along with y'all 🙂

  • @redclover51
    @redclover51 Рік тому +3

    Good to hear some honest comments regarding equipment prices in relation to value of function.
    Learned how to set the cleaning functions on an
    SP#9 Case at 15years old. Quite a machine.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      I started complaining about the price of equipment 5 years ago, and that was probably 30% lower than it is today. I’m not going to say that there isn’t value to be had in new equipment… the price is just painful to see!

  • @chrissyfrancis8952
    @chrissyfrancis8952 Рік тому +2

    As I recall, last harvest you needed hip waders for the mud. This year, drought conditions in most areas. I’ve learned a lot about farming in all my farmtuber watching years, weather conditions (esp during bean harvest) seems to be as touchy & unpredictable as a teenage girl.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      You’ve got that right. Every season is vastly different!

    • @chrissyfrancis8952
      @chrissyfrancis8952 Рік тому

      @@aTrippyFarmer farmers plan & tweak their operation in every way possible trying to maximize their harvest, but weather is something you can’t control.
      Unless you’re HAARP…🤣

  • @emergency152
    @emergency152 Рік тому +2

    Located in west central. 135 PI ground sold a few weeks ago for 24k an acre.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      That price makes our balance sheet look pretty strong… 😂

  • @Mombone1
    @Mombone1 Рік тому

    Loved the Reno 911 shout out !!!!

  • @wesleyswedenburg4064
    @wesleyswedenburg4064 Рік тому +1

    NE Mississippi land is going for 5k-7k an acre depending on production, irrigation, etc. also just got a pair of the brunt boots back in the summer. They are awesome!

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      Glad to hear that you’re enjoying the boots, and your land prices don’t seem too bad. It’s always relative… your 5-7K might be my 15-20k here.

  • @ronss1
    @ronss1 Рік тому +1

    we sold our farm in 1969....my dad was killed on farm from falling tree...we got $500 acre in southwest iowa....we had 600 acres

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      I am sorry to hear that. Life has a way of sending everyone on their own path, and, unfortunately, we don’t get much say in it. Best wishes!

  • @Brian-ov1rj
    @Brian-ov1rj Рік тому +1

    Trippy, congrats on the new boots, they look really nice. Kitties are cute. Keep the vids coming, your channel is growing. 🚜🌽🌽

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      Thanks, Brian. I am holding out to give a final opinion on the boots. They’ve been good so far. Appreciate the support!

  • @LtColDaddy71
    @LtColDaddy71 Рік тому +2

    The thing about land prices, is the way a lot of us do it, the money has already been spent so to speak. It’s just a matter of matching it up to ground we want. I call it “Legacy Cost.” It’s a per acre charge I take. Unfortunately, the IRS still considers that income.
    We’re farming close to 11k acres next year, but that’s very deceiving. 1/4 of that will be raising high quality cow chow, and will be covered with cattle. Another 1/4 is small grains / cereals, and it’s on a different schedule. You only need the equipment a 5k corn and soybean operation needs. And let’s face it, on the organic side, we’re never going to be faced with the challenge of shelling 300 bushel corn. 09-10 model year equipment is more than capable.
    On the custom farming side (we do everything organic a month later so nothing pollinates the same time as all the conventional around us) it’s totally separate as a business, leased equipment that gets traded before the 1st oil change is due. It’s totally fixed expenses and fees. It gets us working at the same time everyone else.

    • @LtColDaddy71
      @LtColDaddy71 Рік тому +1

      I do rent 1/2 of my ground for the record. I don’t own that much.

  • @bigt2871
    @bigt2871 Рік тому +2

    Hi Andy! NW Iowa land prices are insane. Had an 80 go for 30000. A few parcels going in the mid 20k range. If it’s farmable it’s gonna cost mid to upper teens for sure. Heck non farmable ground can push 10k. Probably never gonna be a “new” farmer ever again. It just doesn’t pencil out.

  • @cywoodrome1304
    @cywoodrome1304 Рік тому +1

    Andy, I spoke with a NW Iowa FAA teacher who told me that recently a local farm in NW Iowa sold for $26K/acre. That is wild. Keep up the good work. I am a graduate of EIU and had relatives in Mattoon and Neoga. Enjoy your holidays.

    • @cywoodrome1304
      @cywoodrome1304 Рік тому

      That is FFA, not FAA

    • @johnpats7024
      @johnpats7024 Рік тому

      We had ground go for that across from is in Indiana… ground is supposed to be cheaper here too lol

    • @johnpats7024
      @johnpats7024 Рік тому

      We had ground go for that across from is in Indiana… ground is supposed to be cheaper here too lol

  • @lancevanvleet5013
    @lancevanvleet5013 Рік тому +2

    Sounds like your old combine was built on a Friday afternoon

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      Built on a Friday and broken on a Monday… 😎

  • @thomasbritten7216
    @thomasbritten7216 Рік тому +2

    The biggest reason for new equipment price hikes is due to the money Deere invests in technology development. Any farm over the 5000 acre mark has trouble finding skilled labor and will have to rely more and more on technology making decisions that a skilled operator would normally make.
    As far as land prices go in SW Iowa, 2019 they were 4k to 6k an acre. Now they are 8k to 11k but seem to be cooling down a bit. Most farms here are 85% tillable or less and around 72 CSR2

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      I agree about Deere, but I also disagree. Deere has added a substantial amount of technology that allows 1 or 2 people to control and entire farming operation from their phone. However, there are many operations where this isn’t necessary. It could just be a placeholder for AI/autonomous operation in the future. I always guess that it take 1 knowledgeable person to farm 10,000 acres plus additional labor. Beyond that, 1 person cannot scout the acreage necessary to make decisions. Land prices have gone up across the board, and, at times, I feel like the gap between low-productivity and high-productivity is narrowing. That’s probably due to advances in genetics. Thanks for the comment!

  • @ryangamsby9266
    @ryangamsby9266 Рік тому +1

    I just want to follow you around for a day and pick your mind of what you know

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      I know enough to know that I know very little in the grand scheme of things!!!

  • @TwoHappyChildrenFarm
    @TwoHappyChildrenFarm Рік тому

    I've had the experience of farming in Mchenry County, IL and now Willliamson County TX. Both on a collar of a large city and growing. Wilco TX has passed Mchenry, IL now by a longshot as a $17Billion wafer fab is being built across from the Deere dealer and a Tesla gigafactory 25 minutes from our doorstep. We saw land go at 15K last year, put on the the market again in 12 months at 2x that amount. As roads and water come out our way it's going to get crazier.

  • @ryangamsby9266
    @ryangamsby9266 Рік тому

    Speaking out Redding Ca 1st year of not getting water from the sac ever and land still sales for 12,000 an acre and up

  • @ohiodairyfarming6382
    @ohiodairyfarming6382 Рік тому +2

    mecer county ohio dairy,hog,grain farmer here. ground around us goes for 20+ for any sort of ground anymore everyone is smaller farmers for the most part and everyone has livestock and everyone has a next generation so what’s that mean, everyone is trying to buy land so they can add more livestock to bring in the next generation. a 40 acre tract and a 80 acre tract just sold last month 1/4 mile from a 340 acres we have that’s 5 miles north of our dairy farm and it’s 1/2 mile from our one 2500 head hog barn facility, we would’ve loved to buy it but we don’t need need it for manure and it’s too far to chop silage on it for the dairy. it went for 22,500 on the 40 and 20,400 on the 80 which was only 76 acres tillable. this is really good ground but it needed ditched really really bad so we ended up not buying it but it would’ve been a different story if it was 2 miles from the dairy where we could pump manure and chop silage off it. we travel 50-62 miles east of our main farm for ground now because the competition is just too bad around home and not very many farms sell at all. one other farm sold this fall about 8 miles to the south of us and it went for 25,900 and 25,800. ridiculous. so now our ground that we farm out east of us goes for anywhere from 7,00-10,000 which can actually pencil out or be close to penciling out where the farm can actually pay for itself or be close to it. just keep buying them as you can afford them. great video

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      Thanks for the comment! The land ownership equation changes pretty significantly once livestock are brought into consideration. I’ve noticed that the local hog farmers will outbid anyone if they need more ground to spread manure…

    • @ohiodairyfarming6382
      @ohiodairyfarming6382 Рік тому

      @@aTrippyFarmer Yup that seems to be how it goes, if that guy needs the ground for manure or ground for building another hog barn or any livestock barn they’ll just keep on bidding. Definitely one of the nice things about livestock is it keeps you diversified and for the hogs, chickens and turkeys it’s all contracted so no matter what you get your check in the mail every month which is great for making farm payments and paying bills so you can hopefully keep more grain in the bins longer into the winter and sell it for a better price

  • @bradyarends2365
    @bradyarends2365 Рік тому +1

    I live in Sioux county and we had a 60 ac piece go for 30,250 an ac

  • @johnnybarbar7435
    @johnnybarbar7435 Рік тому

    I think I would be installing an end wall wide door in that storage building.

  • @pomettaranch8049
    @pomettaranch8049 Рік тому +1

    Here in California farm ground is going for approx. 35,000 per acre. If you have almond trees on the ground is going for approx. 45,000 per acre. Ridiculous.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      Wow that is crazy! I’m not surprised to hear that things are more expensive in California… 🤕

  • @seanitaliano8759
    @seanitaliano8759 Рік тому +1

    Love my Brunt boots!

  • @bladewiper
    @bladewiper Рік тому +2

    Where the 780 ran so well, what about trading the 670 ? I purchased one of those M18 blowers for one specific task, I have used it for so more than I ever planned on.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      The 670 is pretty much a secondary combine. It’s tough to roll it into a newer 780/790 based on our current acreage. It’s a very viable second machine from an economic standpoint, and it has been somewhat reliable. It also happens to be more fuel efficient than the 780, but it can’t cover as much ground.

  • @timlewis5096
    @timlewis5096 Рік тому +1

    Very high land prices. It will be very interesting when the US govt has to remove the subsidies they pay for growing corn and soya beans because they are bankrupt.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      No worries. It’ll all be covered in solar panels some day anyways…

  • @billuphoff1021
    @billuphoff1021 Рік тому

    Backing a four wheel steer wagon can be similar to pushing a log chain

  • @Daveco82
    @Daveco82 Рік тому +2

    new bins?

  • @zcole6612
    @zcole6612 Рік тому +2

    Land around me is going for 20,000 some 30 a acre a friend of mine was all but in the big city and sold 200 acres for over 47,000 a acre . All this land is going for Subdivisions my county you can't build a house on less than 10 acres to limit the number of homes or it has to be a Subdivision. I think you made the right choice not buying that land with rising interest rates .

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      There is a lot of farm money being relocated outside of the areas of urban sprawl. I think that is playing a factor in land prices to some degree. I’ve been told that you’ll know when a farm is the right one to buy… I guess we will see!

    • @zcole6612
      @zcole6612 Рік тому

      @aTrippyFarmer what is interest rates on farm ground right now I've heard 9 % on operating loans

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      @@zcole6612 I’d bet that you’d be looking at 8-10% depending on the loan terms.

    • @zcole6612
      @zcole6612 Рік тому

      @@aTrippyFarmer that is a ton of money on 200 acres

  • @ryaneick8864
    @ryaneick8864 Рік тому +1

    Put a homemade hitch on the front of a tractor! You will wonder why you haven't sooner kinda thing.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      We need one on a skid steer… that would be fun!

  • @BruceBergman
    @BruceBergman Рік тому

    Alternators will need Brushes and voltage Regulators every few years. should be a aimple swap and Swear job. 😊

  • @adamwiseman5831
    @adamwiseman5831 Рік тому +1

    I love that you give you're opinions on all parts of farming. I think you have the best farm utube channel because of this. Was hoping to hear you're opinions on the one JD combine that does increase production. X 9 and it's insane price tage. Is it in anyway worth it? Thanks

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      Appreciate the compliment. The X9 is quite a bit of an upgrade in productivity compared to a S7890/S790 combine. An X9 would cost about 30% more than a S700 series combine, and it’s capable of doing probably 30-40% more in throughout. That would make the price justified from a comparative standpoint, but, it doesn’t mean that combines in general are priced fairly. Even the smaller models are suffering from high prices. Our S780 is a $600,000 machine, which is crazy!!

  • @mungogerryjnr
    @mungogerryjnr Рік тому

    I see they are ripping 60 ft headers in Australia now
    Check out Bingham Agriculture Andy
    They have 30 odd combines

  • @tugboat2739
    @tugboat2739 Рік тому +1

    Howdy trippy

  • @rypkepaulusma
    @rypkepaulusma Рік тому +1

    Well, those Brunt shoes must be pretty good because I also saw them on the ZK MasterTech channel. I may be wrong, but does Marty have a special preference for red shirts/sweaters? 🙂

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      Marty does enjoy red! That’s funny about the boots… you can tell when a company is running an advertising campaign when every channel/creator has something of theirs to showcase. I was just happy to have a new pair of boots to try, and I’ve enjoyed them thus far.

  • @stakman78
    @stakman78 Рік тому +1

    Did you say November 1st? No?
    Holy shit dude, dirt in your country is so cheap.! Double and triple that price over here.

  • @ryangroen1697
    @ryangroen1697 Рік тому +1

    👍 let's hear more from mort

  • @kevindircksen181
    @kevindircksen181 Рік тому +2

    I'm in West Central Ohio. A couple of months ago, I heard of a 100 acre farm selling at auction for $24,000/acre. How does that even pencil out with input costs being where they are?

    • @thomasbritten7216
      @thomasbritten7216 Рік тому

      A large down payment

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      It doesn’t pencil out in the traditional sense, but that doesn’t mean it can’t work. If someone has the cash to do it without a large amount of leverage, they can service the debt without a negative cash flow. The price of land has nothing to do with the financials of the farming operation… it is entirely based on macroeconomics and supply/demand.

    • @johnpats7024
      @johnpats7024 Рік тому

      I dont know if you know where St. Henry is in ohio but some just went for 26k an acre a month ago…

  • @JoshuaSmith-xw6jp
    @JoshuaSmith-xw6jp Рік тому +1

    It would be nice if you could lock the back wheels straight so unable to steer for situations like that . Thanks for the video.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      I believe that you can somehow unhook the steering column that runs to the back, but I don’t think it’s a super quick process.

  • @xray606
    @xray606 Рік тому +2

    I really wish a certain unnamed family member hadn't sold our IL farm land we had, back when it was only 1500k per. But I'm not bitter though... No, not me. I mean, who really wants to be a millionaire after all, right? As far as equipment goes... As a business person, I understand the desire for people to just swap stuff every couple years and avoid down time. But lately it seems like the needle is tilting back to keeping stuff... Mainly because of all the emissions/computer stuff. I know guys in construction that are like... Well, if my brand new machine sits half the time with some mysterious emissions/computer fault... then what's the point of paying for new stuff? So the oldies seem to be a lot more in demand now.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      Hindsight is 20/20… at the time, that might’ve been a hell of a deal for selling land. There has been a variety of events over the last few years that I did not have on my bingo card which have driven land prices up. There was a time where land was more of a liability than an asset, even if you had it paid for. As for the equipment, I definitely see a correlation between reliability and emissions systems. These machines have gotten so complicated that problems are bound to occur. Thanks for watching!

  • @MatthiasSchulenburg
    @MatthiasSchulenburg Рік тому +2

    I think the drop is production quality is not only limited to farming equipment. I still use few utilities from the last century, but everything I bought in the past 10 years seems to be made to break soon, so you are forced to buy new stuff. …🤔

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      Agreed. Everything is so unreliable these days!

  • @loki3252
    @loki3252 Рік тому +2

    We should be asking why other countries are buying our farm land here in America I work on a farm as a farm hand the land just sold to someone in Switzerland why is us farmland being sold off to people who don’t live here

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      There are a lot of other countries that don’t have land to buy anymore. The US is ripe with opportunities and blessed with stability. It’s not surprise that people want to invest here!

  • @bradley7723
    @bradley7723 Рік тому +2

    I feel your frustration on the quality of deere. The last 15 -20yrs. Deere has become the ag version of a yugo. Allot of the issues are caused by the government interfering were they have no business or practical experience. Burning more crap (def) and poorer diesel. Aw skrew it rant over.

  • @jasonlarson6932
    @jasonlarson6932 Рік тому +3

    I have a question? Why do farmers buy some of the most expensive trucks out there to drive for farming. Why not buy something that isn't the most tricked out truck? Something cheaper and more practical for farm life.

    • @pamelahall3287
      @pamelahall3287 Рік тому +2

      Hard to cry when your driving a $80,000 truck

    • @zcole6612
      @zcole6612 Рік тому +1

      Resale value when you trade they don't want cheap trucks . Most of the times you buy what's on the lot

    • @bopete6505
      @bopete6505 Рік тому

      Same reason they spend $500k for a piece of equipment… tax write-off

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +2

      The truck is the most important equipment on the operation. It takes you everywhere. It holds your tools. It delivers seed and other necessities to the field. You might as well get something that you enjoy driving, so long as you can afford it. A $65,000 truck isn’t very much when there is $5,000,000 worth of farm equipment sitting in the shed!

    • @stevenkern5659
      @stevenkern5659 Рік тому +1

      @@aTrippyFarmer the pickup is the cheapest thing on the farm as once told me by an old farmer

  • @Andy-ix2ox
    @Andy-ix2ox Рік тому +1

    Hang on a minute, did you say that you had a half a million dollar tractor that has less than 200 hours in November? How can that be justifiable? We bought a new one which was delivered in April cost €250,000 and we hit 2000 hrs last week, quite frankly we are a little bit nervous that we are not going to make any money out of it this year, truthfully we need to clock up 2500 hrs a year to justify the expense, and that goes for all tractors. Combines and forage harvesters need to do at least 1000 hrs to cover themselves, we traded 2 four year old 215 r’ s with 10,000 hours plus for the same again a couple of weeks ago ( expected delivery February) and they were not even close to the highest hr tractors of 2019 that our dealership had coming in, he said he had a 2019 coming in in January with almost 14000 hrs up , as you can tell we often run our gear 24 / 7 when we are busy, cheaper to put drivers in than make repayments on two under-utilised machines. We also don’t have as big machinery as you guys have, basically because we would never get them from farm to farm, some of the gear that you guys take down the road wouldn’t even fit on our roads don’t mind allow room for other motorists. As for the price of land don’t get me started, around here it is making up to €25,000 an acre for small plots, and if there is any possibility of development it can make up to €50,000 an acre needless to say most of it is not being bought by farmers and sadly much good land is being bought by investors who have no interest in farming it or need to set it so it is reverting back to scrub slowly over time ( there is only so much ground 2 or 3 horses need so what can they expect when they let them out over 40 or 50 acres) actually they often build an American barn and buy hay and feed for them on land capable of growing 4 or 5 tonnes of wheat to the acre! Still they regularly go broke and the land that made top dollar 15 or 20 years before is bought by a farm family who know what it is capable of because it looks like a tip .

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      It sounds like we are all dealing with high-priced land… it’s neat to hear the diversity in farming from your part of the world. As for our tractor, I’m not going to argue that it’s underutilized from a traditional standpoint. However, if you consider the economic value of the crops that it helps produce, it is just a necessary evil. I won’t argue that we could be more efficient, but we do not need to be. Our tillage equipment requires horsepower and traction, so we provide it to make the most out of a limited tillage window. With the increase in new equipment prices over the last few years, a lot of our equipment, especially the newer stuff, it worth close to what we paid for it… The new stuff just costs even more now haha

  • @SocietyIsDoomed
    @SocietyIsDoomed Рік тому +2

    So who won the high bid? Chy-na, Billy gates, or a shell company? It's going to be pretty depressing when all our homegrown food is sent over seas and we are starving to death.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      It was some of the neighbors. Farmers are driving a lot of these prices, or at least in my area.

    • @SocietyIsDoomed
      @SocietyIsDoomed Рік тому +1

      @@aTrippyFarmer it was kind of a joke but also not too far from the truth. Thanks for vids, have a Merry Christmas.

  • @kadehimsel7602
    @kadehimsel7602 Рік тому +3

    I wonder who put the tractors like that🤔

  • @marknunya3035
    @marknunya3035 Рік тому +2

    I worked for 17 years at different campgrounds and everyone said to mouse proof besides the obvious no food keep it clean and put dryer sheets in anything electrical and all around the inside of the RV I've had many people swear by then they also said that the smell is what keeps them out. So there maybe 🤔 truth in the whole mice and smell. Just what I've heard from others.

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      Dryer sheets would be very cost-effective!!! Thanks for the idea.

    • @marknunya3035
      @marknunya3035 Рік тому

      @@aTrippyFarmer I used to put em in the air cleaner's on the equipment. Can't say definitely cause the one place had an outdoor cat, but I never found anymore

  • @mungogerryjnr
    @mungogerryjnr Рік тому

    Andy
    Was listening to a great classic Australian Crawl song today oh no not you again
    Just thought of you 🤷‍♂️🤷‍♂️
    I think you would like it🤷‍♂️

  • @darrenf2928
    @darrenf2928 Рік тому +2

    That land sounds cheap right now land around me in Ontario is going for 40k a acre

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      You must have some urban sprawl!

    • @darrenf2928
      @darrenf2928 Рік тому

      @@aTrippyFarmer nope we are over 20km away from the closest town.

  • @jonrichardson1559
    @jonrichardson1559 Рік тому +2

    Well we all know it takes more to make more and there is some big money 💰 out there pushing prices

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому

      There is money on all side of the equation. Land investors are rich with stock market profits and outside success. Farmers themselves have made tremendous money over the passed few seasons, which puts a lot of cash on the table!

  • @tdwebste
    @tdwebste Рік тому +2

    Is the land price driven by farm income or redevelopment?

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      There isn’t much redevelopment in this area. Land prices are mostly driven by farmers and outside land investors. Farm incomes have been high, so cash is plentiful on many farms. Outside investors have made tremendous money from the stock market and other ventures, so they are looking for a stable place to park their cash. Land has historically performed well during times of instability… the only redevelopment potential is the current plethora of renewable energy being proposed like solar and wind farms. They are consistently lucrative deals, but they involved tying up the land for generations.

  • @chrissyfrancis8952
    @chrissyfrancis8952 Рік тому

    Land for ongoing family farms is invaluable. You’re building Lenny’s future(pretty confident Lenny’s going into the family business by his overjoyed enthusiasm for tractor rides😁) I despise foreign countries(esp the CCP)/corporations buying up our farmland.

  • @derrickpettit86
    @derrickpettit86 Рік тому +1

    The administration in DC has everything way threw the roof expensive nowadays, it's absolutely rediculous!!

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      There’s not a single thing that is cheap!

    • @derrickpettit86
      @derrickpettit86 Рік тому

      @@aTrippyFarmer nope there isn't you are correct on that

  • @johnnybarbar7435
    @johnnybarbar7435 Рік тому

    Wow I thought 10k an acre was a lot.

  • @richwood7285
    @richwood7285 Рік тому +2

    Brunt boots are made in China

  • @mungogerryjnr
    @mungogerryjnr Рік тому +1

    There’s 8k hectares for $6.7m Australian
    That’s $4.5m us here in Western Australia(this one state is approx half the size of the US
    Approx 1/8 is farmable
    3rd bumper crop in a row
    That’s $837a per hectare $551us
    See ya soon😂😂😂

    • @aTrippyFarmer
      @aTrippyFarmer  Рік тому +1

      I’d take that deal. Can you save some for me? 😉

    • @mungogerryjnr
      @mungogerryjnr Рік тому

      @@aTrippyFarmer
      No
      As you well know Andy,no one waits!😂
      That rippers legs are still to close together!!!!😂😂😂
      Honestly take half them off!

    • @mungogerryjnr
      @mungogerryjnr Рік тому

      @@aTrippyFarmer oh
      I’m a fuel truck driver,I can however get you as much as you want 100,000 ltrs per truck load,true that!
      There’s never a shortage of diesel in WA!

  • @randyranes5358
    @randyranes5358 Рік тому

    Because our deficit spending to rule the world has driven the value of our money nearer and nearer to worthless. $12 McDonald’s burger and fries……sad

  • @teenagefarmer
    @teenagefarmer Рік тому +1

    👋👋👋👋👏👏👏👏

  • @smolville
    @smolville Рік тому

    Ever try to farm in a land-mine field with unexploded cluster munitions? The former Ukraine can never be farmed again.

  • @daddym
    @daddym Рік тому +5

    I feel like you hit a spot there with the reliability issues. Unfortunately I think it isn't just farm machinery that seemed more reliable years ago I think it was just about everything. But our society no longer worries about reliability be ause we feel that we can just replace it after so much time goes by. And by we I mean our society as a whole.

  • @ryangamsby9266
    @ryangamsby9266 Рік тому

    I just want to follow you around for a day and pick your mind of what you know