My Farm Is Projected To Lose $523,000
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- čas přidán 17. 05. 2024
- Why my family's farm is projected to lose $523,000.
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Cole, Some of us know that just producing a CZcams Channel alone is a massive undertaking. You not only manage to give us quality entertaining content, but you do it all while farming and building your dream home. You have to be one of the hardest working people I've ever seen. I'm proud to be a fan.
Amen❤
Ditto
Well said. Big fan. 🌽💪🏻❤️🤍💙
Ditto
I just wish that ALL of the US congress members would be REQUIRED to watch these videos.
They love to REQUIRE us to do things they have no idea what they are talking about, nor care what consequences it will inflict.
If they actually made a budget based on the revenue they take in, perhaps we wouldn't be in crisis mode constantly.
Most (being conservative on that term) of the countries issues are caused by the government.
I sincerely feel for you and the other farmers. Very few other industries would start off their next year of business in the hole and still decide to do the job.
Hey peeps, would you go to a job that offered you a high salary at the end of the year and said upfront, instead of giving you a check at the end of the year, you would owe them a check for 125% of the amount they were going to give you?
That's bats$$t crazy! And yet or farmers still do it.
We would all starve if they didn't accept that great offer that you definitely would not accept. Just let that sink in a bit. Reread it over and over.
My grand father was a farmer. He said that the only way to get a million dollars farming is to start with two million dollars.
😂😂😂😂😂😂😂😂yup
That's sad but true
That’s a great quote!
9%! WTheck. Is that a bank or furnish merchants?
The easiest way to make a small fortune in farming, is to start with a large fortune.
Onelonelyfarmer sent me here. I am a 65 year old lifelong farmer from Wisconsin. I lived through the 70s and 80s where most guys 5 -10 years older that me got sold out. It was a dark time, and I never forgot it. At my age now, I have run out of the piss and vinegar needed to relish the fight, but I want to hold it together for the grandson.
I sure wish I could quit my union job in the city on the other side of the country and get into farming, except those who do it in my area say it can't be done without the steady income more than one union job.
@@JP-uk9uc Or lots of capital ! But if you have that, why would you want to spend it on farming ?
@@linmal2242because you need food to survive and if you've been paying attention to the current world, you would know that relying on stores for food id stupid. We need more local farmers, LITERALLY for survival.
My grandpa farmed all his life and never bought anything new, I would look at the neighbors and envy their shiny new equipment but had to settle for a twenty-year-old tractor and combine. He told me that the best way to make money is not to borrow it. Today he is a wealthy man and lives a good life because he didn't fall into the debt cycle of having to buy the newest thing and then renting more land to pay for it.
so do u not farm your own land and loose so much? i understand not giving up rented land as its hard to get!
I am farming with tractors and combine as old as me, i am 46.
@@redrustyhill2 I'm in my mid 30's. I run a 1980(approx.) JD 6620 SideHill combine, and a 1966 JD 4020 tractor. 1971 or older JD 400 Grinder/Mixer, 1980(approx.) JD 7000 planter. Newest piece of farm equipment I have is a 1998 Case 1845C. Could get by with alot smaller skidloader for manure, but using round bales for bedding saves money.
@ShermanT.Potter i have 2 jd 7700 combines, one cost 5k the othe $700 at an auction. Both work. Field tractor's 6030jd, 800 and 850 versatile, for haying i have a jd 4010, farmall 1206, both from 1965. Just bought a jd 4430 for way too much to replace the 4010 because pto locked up. My baler and skidsteer are early 90s, newest equipment i have. I get by. AC would be nice, just don't seem to ever have time to fix because i also work full time in town.
Your story was a good story for yesta year farming, but you need to borrow money to expand especially if interest rates are below 10 percent. You need to speculated to accumulate, nothing wrong in leasing the farm down the road provided it is a good farm. You need up to date machinery to handle the current high priced commodities you can grow. I got left behind by not taking the risk and borrowing money.
The honesty of this video is humbling. I pray the American farmer gets more of the money we as consumers' pay for our food.
The sad thing is that a farmer never sees the same type of increase that we do as a consumer. If farmers seen the same increase in there product as we do In a grocery or or other industery they would all be millionaires.
Help a farmer, buy direct. Go see where your bacon and steak is raised. Influence the system positively for the producer, the animals, and the consumer.
In germany we have the same situation. Our farmers get less monny from the food companies and had to pay more and more for Chemiecals, furtuliser and seed. The Machines here are extreme expensive. In the last 15 jears from the 12 farmers in my small village dies 10. Now we have only 2 farmers.
maybe the subsidy should be $1.5 million? 👍🏼
@@peters3710H!, maybe it's time for you to go farming? 😊 and share the experience on CZcams 🎉
Cole, I’ve been watching your channel for several years. I’m a 4th Generation farmer. We are celebrating 100 years this summer as an extended family.
This is amazing stuff! Incredible information, so well explained and articulated. This will be a gift for everyone who sees it and for your boys to watch someday!
I had an old timer farmer tell me one time "I don't mind working all year to break even but working all year and ending up owing money to the bank is a tough pill to swallow"
In farming through luck inheritance and good practice you can usually get in the black a time in your life, the goal is to not have to have an operating loan each year, once you're there you can even hold your grain 15, 20 months if you want. If one ever gets there they better be smart enough to stay there. If you had nothing to begin with I suppose you have nothing to lose by extending your debt I suppose...
@@braneden you,ll be able to stay there till you,re equity runs out!
Hands down. Farming is the hardest job on the planet. Hands down. Farmers are the smartest workers on the planet. They have to be mechanics, meteorologists, chemists, etc. Cole and his channel have illuminated since I started watching. This will be an extremely interesting series. Thanks Cole!
Yes....Vet, trucker, diesel mechanics, welders, carpenters, electrician etc etc.
Yep. During harvest it's before sun up to after sundown in the fields. Inside the house is just as bad. Make a big breakfast, clean that up. Start lunch, which is also big. Clean that up along with the house and do laundry. Feed the chickens and work in the garden. Don't forget canning and ironing. I used to get sent to help my Aunts and Uncles during harvest. I'm not sure what lesson I was supposed to learn, but what I did learn DON'T MARRY A FARMER.
I sent your video to my daughter-in-law. She is a high school Ag teacher in Northern California. I think her students would really benefit from this series of videos. I’ll happily follow along on this journey with you.
That’s Great❤
🎉 brilliant idea!
That’s awesome! Kids in AG will appreciate seeing a normal guy close to their age doing it!
I wasn't prepared for realizing how many years we've been fans of your channel! Where does the time go? We're ready for the 2024 season!
Ikr.....I been watching him for yrs....time Flys
Same here ! 👍
Did fellow is hitting it outa the ball park!
Well done Cole. Iowa row crop farming is quite different than dry land farming here in Montana but we share the same struggles. Keep up the good work!
You're a farmer?
My grandparents were farmers. Grandma used to say, “we plant on angel wings and prayer.” God bless you. I am praying for you and your family.
Proud to be American here thanks to Cole and his family. Thank u4 being so transparent about ur farm business, Cole!
Expenses are killing every small business, not just farming.
And expenses are driven by taxation.
@@TonyRule and greed
@@Otingocni Greed is an oxymoron, you are in business to make money. That is not greedy. Corporations are in business to make money for their shareholders of which nearly 80% are middle class working Americans retirement investments. Taxation and federal regulations requiring minimum wages and benefits will ALWAYS be passed to the consumer.
@@eqrommel then quit complaining about the plight of farmers. This is what capitalism does.
@@eqrommel There's making money, and then there's rorting.
I have a few farmers in my family - one way they "made" money (basically didn't spend money they didn't have) was to be extremely pro-active in maintenance and repairs of equipment. Going into a season with everything working perfectly was part. Another thing they did was after using a piece of equipment, they'd wash it - not just to clean it - but to reveal any maintenance or repair issues that might come up. A benefit of washing the equipment was also - dirt collects moisture that causes rot (rust). Keeping the equipment painted and rust free can ensure the equipment will last a long time. And lastly - they kept all (ALL) their equipment in a shed/garage to keep the equipment out of the weather and away from direct sunlight. UV rays are murder on tires and hoses and rubber seals. Keeping the equipment covered extends the life of the equipment.
If you watch any of the earlier videos you will see that the family washes the equipment constantly and does regular maintenance. They work so hard and do so much themselves trying to save money. I have been surprised several times over the years I have watched when they said how old a piece of equipment was, because they look so good.
Wow! I retired from the United States Agency for International Development as a Design Director about 4 years ago and I learned about intimacy with videography and storytelling. You, in this particular video, just made yourself a hit. I guarantee you will get more viewers. Bravo.
Cole should consider creating tiktok series 10 minute parts...aka the "Ressa Tessa" syndrome tells us that if you are a great story teller, which Cole is, and you have a very interesting story to tell, which Cole does, then Tik Tok is a great place to earn yourself some serious money to help off set the projected losses. thankfully for Cole, the US is one of the 6 Countries where a creator can actually make some serious income from tik tok.
Cole, I have been here for all of your CZcams farming journey. I grew up on the farm in Wisconsin, but it got hit by bad times in the dairy industry, and lack of planning and the untimely death of my father. We rent the land but no longer farm it. Thank you for representing farming and reminding me what I miss about it.
CZcams is paying the bills! That’s what I’m learning here.
The country used to be full of farmers. Hard work was required and expected. Industrial scale farming has certainly changed things. Cole is part of a dying breed, and has a very healthy work ethic. Hats off Cole! America needs you.
Now you know why your grandad held onto everything and just made new equipment from out of his yard instead of buying equipment.
3 minutes in and he's already talking about debt. It's what drove me away from this channel.
@@happydogg312 It's the fact about farming. Debt
@@johnunsicker7440 It's too bad it's like that, especially for small to mid size farmers. We need them and we need the ranchers to thrive. We also need the small to mid size processors and distributors of meat and farm products to thrive to keep a healthy and strong country and economy going, too. What got me was the way Cole so enthusiastically embraced debt with all the farm upgrades. It became painful to watch.
Exactly.
@@happydogg312 why because he is honest about farming..heavens
All i need to see now is Cole playing the 3 instruments.
Me to, what three, do tell CCS‼️
simultaneously?
Did he say which three they are? If so, I didn't catch it. Any guesses? I say, piano, drums, and trumpet.
@@doctormoyer No, no clues given. I do seem to remember a piano sitting in the parents home. Never talked about team sports other than Baseball, so a band boy, maybe? If so, then trumpet would be a good choice. Don't seem him on a flute or clarinet. Doesn't look like a drummer to me, speaking as a drummer. I would go guitar for #3.
@@Cogenstein depends on what they are, but entirely possible.
One lonely farmer sent me here.. I've watched your channel for years now . I've always liked your style , your passion and the new age of farming. I grew up on a farm, I worked on multiple dairy farms, I run my families horse boarding stable , I've worked at Case IH and been a wrangler in Yellowstone.. Farming is my biggest passion .. I've learned the best way to learn is to TRY . I am Christian myself and know the Lord has my back.. Times get harder but so does my work. Work hard and smart and it will get you somewhere. Great video cole. Really looking forward to this series..
I appreciate the integrity to bare your soul and show us the sacrifices it takes to grow our foods. When I say grace I always try to remember to thank God for the farmers, ranchers truckers and all the people it takes to produce our food.
You perfectly explained why none of my brothers or I were able to continue ranching after our father died. Good luck and prayers for you and your family.
Cole I worry for American farmers. The stress of trying to make a living as a farmer and the mental anguish it causes can be devastating. My heart goes out to you and every other farmer.
It appears over the past few years, there is an ongoing global war on farming and energy in petroleum/natural gas production (which also produces chemical fertilizers as byproducts. )
I admire you for the guts to be as open as you are. This openness was the reason years ago that i watched my first Cole video, about finances on a farm.
And now you are going to expand on that eye opening video.
I can't wait for the videos this year, i am just glad that you found yourself a video editor because you being healthy is just as important as your videos ;)
We rent our land to a local farmer and we only lease it to him for $75/acre. I know we can get way more but we understand that farmers need a break wherever they can get it. Good luck this year!
My dad was a farmer in Southern Iowa. He was 3rd generation on the same farm. My grandpa went broke in the 80's the bank took both farms. My dad was able to buy my great grandad's back. He also had to buy some of his equipment back at the auction since they were 50/50 on equipment. Anyway he told me when I was a kid there is no money in farming. So I stopped the farming curse. Needless to say my parents never had much money until they retired. The land is where their wealth is. Basically below the poverty level for 60+ years and now Multi millionaires. If you have barrowed money against your land you are probably going broke. 9-10% interested will break you no doubt. PS my dad told me he heard bricklayers made good money. So I am a bricklayer doing alright.
Yes and a great retirement! My husband retired Bricklayer and Allied Craft workers union! I live in a farming community, it’s 24/7/365. Respect and love !
Greetings Bricklayer, You have my respect and admiration, nest to shearing sheep some of the most strenuous physical -mental labor. Also, I have always admired your trade, which will last 100-plus years; thus, every public project should bear to trades who built.
The farm crisis in the 80's hit S.Iowa and N. Missouri hardcore. It was sad watching families sell their assets.
And I totally get it that 1.5 million on a family farm doesn't go real far time they pay their expenses, taxes, farm equipment etc etc
Never heard a brick mason refer to themselves as a brick layer. Ive laid millions and never thought masons were high paid. I make more farming than any mason around here.
It will be a very dark day when the family farm is no longer a part of the economy so many people depend on. A family ran farm is more than an integral image of hope and prosperity for all citizens to unite around and support. Thank you, Cole. Thank you for your work and limitless inspiration you give to your viewers.
Thanks for the enlightenment.
The family farm is long gone the last vestiges of it disappeared over half a century ago when Nixon's Secretary of Agriculture Earl Butz told farmers to "get big or get out" while ending FDR's New Deal Ag programs that were designed to keep farm families on the land.
The small family farms our grandparents and great grandparents lived on 70 to 100+ years ago were subsistence farms for the most part, they grew what they needed to feed their family and their livestock and sold the surplus in town or used it to barter with neighboring farms for produce they needed.
There is really no such thing as an independent farmer anymore, today's farmers are poorly paid, heavily indebted contract employees of some big vertically integrated Ag company like Smithfield (now owned by communist China) Tyson, Perdue Agribusiness, et. al. If you want to sell chickens, turkeys, or hogs these days you pretty much have to have a contract with one of these companies to sell them. Commodity crops like corn, soybeans and wheat are increasingly headed in that direction as well.
In the county I grew up in most farms were run by "gentleman farmers" who didn't make a living off the land. My dad and another farmer were bank executives, another owned a chain of grocery stores, another owned a trucking company, one was a NYC lawyer married to an heiress of one of the big pharmaceutical companies. He had co much money he bought the local Deere dealership so he could get tractors at cost. Last but not least the biggest farming operation in the whole county was owned by yep you guessed it, a Congressman! Oh and this was way back in the 1970s, 80s, and 90s.
I only know of one farmer in the county who made his living off the land but he also owned a business that sold seed and fertilizer to other farmers.
I never realized we were so alike! My grandparents were sugar cane farmers near Houston and very much products of the great depression (despite being born in the mid 30s). They worked hard for the good life, but had to sell the farm when sugar imports from countries with cheaper labor began to dominate the markets. I am about the same age as you (I was born in 98), and I am I also a product of the great recession in '08. My partner have almost enough saved to purchase a decent sized farm to restart our family legacy. Thanks for sharing, that was very kind of you!
Cole has never powerwashed farrowing crates, he’s only a partial farmer
Ever pull pigs from a sow in an upside down rear load dumpster turned into a farrowing hut? The 6 yard dumpsters aren't too bad really, 5x10ft.
Years ago I read an article about a local family that had been farming the same property since they settled on the land (Northern IL) 150 years prior. All of the generations kept careful records and the numbers showed the crops were a loss on average one year out of seven. That meant they had to make 7 years of income in 6 years in order to survive as farmers. Not many businesses can run that way. Hats off to our farmers.
Good post!
Cole - I just wanted to tell you i had the pleasure of meeting your families pastor and his two sons at the Masters tournament a few weeks ago. A typical conversation started and I ask were they lived and they said Iowa and I smiled like a little kid and said do you know Cole the Cornstar, low a be hold they laughed and said yes we live in the same town!!! We talked about your remodel videos (that is how i found you) and as our chat went on the father and sons both had nothing but the kindest things to say about you and your family!!!! I dont typically post and had not planned on sharing this story until i finished watching this video , the passion you showed during the early part of the video and the pain in your eyes talking about the projected net losses for this season and then your optimism to close it out was inspiring and motivating and I am "almost" twice your age :). I wish and pray for you, your family and your farm nothing but the best and i hope you destroy all of those avg yield numbers this season and for the next 50 that follow. Thank you for sharing your families story!!!!!!
You are the triple threat of the farming sector. Farm smart, book smart and excellent at presenting. Incredible!
I love how he's fooled his audience into thinking he's smart. His farm doesn't make a profit, he's wasted over $100k with mistakes, he's financing most of the farm and equipment (ironic since he's a fan of Dave Ramsay who says never borrow money), his dad almost died because they don't believe in science, he messed up the bin site assuming due to cutting corners....like how can you say he's smart when on paper he's the opposite? He's a smooth talker, but only fools fall for it.
@@AndrewPL5out of interest, do you have any experience in agriculture?
@@parccarreg quite a bit, actually.
Now I understand why my great-great grand uncles went to Iowa an Moline to seek their fortune ;-) They where farmers here in Belgium and moved to the US in the early 1900 still proud of them and the families that still live in that area. Cole, although my 63 years of age, I have the greatest respect for what you do, as human, farmer and towards the legacy of your ancestors. Explaining it like you did here, gives it a complete different look on farmers life, and makes me understand why farmers here protest in our small Belgium when the Government make silly little rules that you have to live by. When you life's are so hard. I'm hooked on every episode to see how the house in going on and the farm work ;-) Keep up the good work. Greetings from Antwerp, Belgium
Looking forward to being here for the journey. I respect the vulnerability of putting your faith, family, finances, and fortitude out here!!!
I grew up on a beef farm, we owned nothing because we never bought more land, just rented pasture. Your explanation of farming is very realistic to non-farmers. It's not just a job, it's a way of life.
I am so impressed by your drive; both as a farmer and in renovating your grandfather's $7k house. Your dedication to your four year (in three) finance degree says even more about your character!
I remember my papaw getting out of tobacco and beef when things were bottoming out.
I don’t mass farm but regenerative farming I’m so thankful more people are practicing and learning into it. More and more small guys are working towards sustainable diversification when bigger guys who keep this country going are strapped and tied to whatever they are told to do because it’s what keeps their livelihoods alive.
I appreciate this series because a majority really doesn’t know where their foods come from.
Thanks for keeping it simple for us city folk
!!
Cole, my husband and I are very proud of you! Amazing how for just a young man, how hardworking and responsible you are. God bless you and all your family!
I grew up on a farm in Minnesota run by my grandfather. He lost said farm due to the economics of the Jimmy Carter days. I never really realized how much tenacity it took to be a farmer, I mean, I understood how much work it was, but the financials I was always oblivious to. You are probably one of the hardest-working young people I have had the benefit of running into via CZcams. I sincerely wish the best for you. I also can't wait to see how your house turns out.
Jimmy Carter destroyed rural America with the Carter grain embargo’s. The USA became known as a “unreliable supplier “. Now South America is-has taken our place. Now 20% of the Amazon rain forests are gone
Bro... I've been watching your channel for several years now and the house renovation videos are some of my favorites. Hopefully there's not too much of a delay between videos. I'm dying to see more of those.
Cole I really don't know what to say. Your an amazing young man that anyone can say they should be proud enough to know in any small way let alone in a big way. I admire you so much to being letting into your lives in so many ways. I for one will be following you all the way I look forward to seeing that you have put a video up as and when you do, even when it's a not so wonderful moment in time for you all. You should be so proud of yourself and well done for doing what your doing.
Great idea. This should be put in classrooms teachers can make this school project. Farming is like gambling Looking forward to the next 365 days
Hi Cole, I grew up not far from Cedar Rapids so I can relate to you geographically. I have 2 questions for you.
1. If your starting a year where you know that you will lose 500k why not take a year off? Get a job doing something else, have your ground cash rented by neighboring farms? This would cover equipment payments etc. And you would have an income stream coming in?
2. If you start a year with a 500k loss projected obviously your farm has cash in the bank, great, not critiquing it, however if you have an excess of 500k cash in the bank that is earning whatever low yield it earns, then why not finance your own farm and eliminate the 9% interest that you are losing? To me it seems like a cost of money thing, it just makes more senses to me to use your own as apposed to borrowing it, either way it is insured, say a tornado whipes outneverything and it is a 100% loss, you have insurance to cover it and even if it doesn't cover it completely the spread between using your own money and 9% would more then make up the gap I would think. Great explanations in the video, im just looking at it from an outsiders perspective.
I didn't realize I've been watching CtCS since season 1... I remember all that stuff.
Same here.....I been here since day one......dont feel like it tho...I'm getting older..lol
Me too !
Yeah . . . I hardly know what to say.
I was raised on a farm. My farming family goes back generations to Tennessee. Then to Washington. My cousins are still farming.
I loved every second of my farm life. I will definitely be praying for you and all farmers. We cannot live without our farmers. Looking forward to this series.
As a vegetable farmer for over thirty years, I operated at a small scale and bought everything used, learned by trial and error, and can only marvel at the courage it must take to gamble/ farm at your scale. I succeeded by living a very modest lifestyle, built my own home, and had no children to raise. The best advise one of my mentors gave was "make a little money, spend a little less." Many of my contemporaries had no employees because they were not making enough to pay them a living wage. We also had to pay self-employed social security, and income tax totalling almost 30% taxable income, so we became adept at depreciating our farming expenses to get by. God bless you and your family, I'll think of you as I shop for food.
Hi Cole, I'm not a farmer. I'm from Germany and I like your videos. On your list of expenses I suggest replacing the top 1, "purchase equipment" with "asset depreciation" to get a more realistic image on the point of break even. If this is included in "operating costs", sorry to bother you. Keep the things done Cole!
Dave Ramsey for the win! Financial freedom is the best
WOW! I have NEVER seen anyone break it down like that. Mush eaiser to understand. Most of us have no clue how all of this works.
Cole, this video is a dream come true!
Despite my mom’s brothers running the family farm since well before i was born, I know next to nothing about what it’s like. They’re no longer farming anymore, just renting out the land.
I’ve always wanted to understand farming. Now you’re doing it so on behalf of all the likeminded viewers I’d like to say THANK YOU!!!
fyi your strategy of documenting in this format is absolutely brilliant. This video is one of the most epic CZcams videos ever, I’ll never forget it.
It is tough to be a farmer now (I have been helping running farms in Brazil for 15 years, 2 harvests a year, primary soybean, secondary corn).
The lower corn/soybean prices, the high expenses, the high exchange rate and the interest rates are really tough.
I hope the market conditions improve and that we can keep on improving yields. The expenses are hard to limit. We have tried to cut down on lime, defensive chemicals, fertilizers/micro nutrients. But it just gives a lower yield AND problems the following years. Hence the use of soil sampling and laboratory analysis of every single square of land to apply exactly what is needed for every field.
In your case working on the soybeans yield seems a sound priority. Good luck -
Cole, we are a longtime homeschool family who love Dave Ramsey, and this series you will be making will be watched by many, many homeschool families here in the California Sierra north of Yosemite national park.
Yes, we know where food comes from and the role our climate plays in successful crops. Having kids in 4H where they had to keep track of the amount of feed, water, bedding, each chicken incurred in order to calculate the cost for a dozen eggs or 1 lb. of meat was an eye opener.
Appreciate how you explain things!!
Homeschoolers rarely succeed in life. They are held back by helicopter parents. It's a shame.
@@bonzocleach2496you sound dumb lol
@@bonzocleach2496 present facts to back up your statement, because what you noted is lacking in FACTS! Do your homework.
We are secular college/university educated homeschool parents as are the 30+ other families in our area. Most are professionals who have various businesses from ranching, kayaking, skiing, doctor, lawyer. And even the youngest members of the families are encouraged to help out and ALL the 12+ male/females have side jobs in the community.
Helicopter parents are so named because they hover over their child's life. And they tend to strictly supervise their children in ALL aspects of their lives, including in social interactions. Very few seem to homeschool going by reliable stats.
There's a stereotype of a Tiger Mom who does that, but they are far and few between.
Ironically all the students at the major universities making the news the last 3-4 years for being easily offended etc. are from public schools.
What an honest and forthright statement of what you are about and what we can look forward to seeing you accomplish over the next year. Thank you for letting us look over your shoulder. Hoping you have sunny days and rain when you need it!
Wishing the very best season for the farmers here in America! Cole thank you for you and your family for sharing your lives with us! Your entire family is amazing! ❤
Not only do I salute our Veterans, I also salute our farmers. Without them we would starve. Thank you Cole for standing up for the farmers true struggles. Bless you.
Nobody is eating ethanol. And plenty i know wont starve.
@@Dougarrowhead You could do
some research and find out what “dried distiller grains are” (ddg’s) and yes you are correct that there is no food value in the ethanol removed from the corn.
I'm not a farmer, but I've been watching you for almost 4 years now - love the channel and I'm captivated by what you are doing. I'll be here all year - good luck and I'll be praying for a successful harvest.
For Bless You and your family, Cole. Your rhnesty and hard work is life affirming.
People have no clue what it takes to put farm fresh food on the table now aways. Bless you Cole and your family and all those that help you. May God look after you and yours.
He isnt putting farm fresh anything on any tables. Most of what these welfare farmers grow isnt even used for human consumption.
I think we've met your Grandpa Ray in you, Cooper, and your Dad. ❤ He was an obvious influence for all 3 of you. I'm certain he would be proud of your channel, educating us all about farming and everything else in between, including taking care of your family. Your father and I are the same age. Though I never farmed, I did work with the USDA during the farm crisis. It was farmers like you that we were so excited for. Trying to keep family farms with the family was our goal. Many were not able to keep everything, but still enough to farm and make a profit. That's probably why I post so much, and long winded. You and your family are something I myself could only wish to have. You're all blessed to have each other.❤😊
I worked for a farm credit union. I never saw one farmer get out of debt. I had to quit. I couldn't stand watching it.
Absolutely Cole. Keep up the awesome videos and all the hard work.
A great project - I have two main thoughts:
1. It'd be very interesting if, say 6 other farmers did the same thing at the same time, to show the enormous varieties of types of farm etc.
2. Also very interesting to have a parallel set of conjectured figures if you add in diversification, to build on your youtube diversification, whether it high-income crops, offering holiday accommodation or whatever. I believe the majority of UK farmers (for instance) rely on this at this time.
Cole, thanks for sharing about your family history and showing how farming really looks like.
I feel like Cole is directing the van door at me. I have asked at least 10 times to buy that beautiful old Econoline several times. That Ford deserves to be home in Detroit garage kept, and paraded up and down Woodward cruising.
Cole I and the entirety of your viewers appreciate you and your hard work! Praying for a successful and productive year for you and your families farm!🙏👍
My father was brought up on a farm and he always wanted to buy land of his own and farm but with a wife and six children that was just not possible he had to do a 8 to 5 job. I appreciate the farmers I appreciate the cattleman my brother in law had a cattle yard that also is a demanding job. May God bless your crops this year. 🙏🏻💜
Cole - Love the pitch for your new series! I LOVE learning these complicated figures and projections! You should market these new series videos to Highschools, Community Colleges as a teaching syllibus for ag classes. The best teachers are the ones like you and your team because you have lived the realities of farming. Awesome!
Damn. I only know you through your CZcams channel and I find myself being proud of you. You are the epitome of how education, dedication and a willingness to work will always pay off. Good job Cole and good job Mama and Daddy Cornstarch in raising a grounded young man.
Cornstar farms doesn't grow food, it grows fuel.
Same concept applies to growing food too, obviously.
After corn is sold to ethanol plants, the byproduct, Distillers grains (DDG) is subsequently sold for a variety of purposes, usually as fodder for livestock (especially ruminants). Corn-based distillers grains from the ethanol industry are commonly sold as a high protein livestock feed that increases efficiency and lowers the risk of subacute acidosis in beef cattle.
@@Gwaycee work is the same, concept and equipment are quite a bit different
Fuel and food for animals which are all food for people.
They grow soy beans as well right?
Thank you for your time and consideration. Love your channel. Like I have said before, as a child I would wake up early on Saturday mornings and watch the farming channel. I love that childhood memory. So, keep doing what you are doing and putting food on our tables. May God Bless you and your family!🙏
Well done Cole! I was born and raised on a farm, still live on the farm. Your presentations are refreshing, transparent, and interesting. I applaud your mission in your upcoming videos. What you’re doing for the videos is quite an undertaking, let alone actually doing the work and stress of farming. Great job, and blessings to you and your family.
Bravo,
People are so unaware of from beginning to end how our food gets there. The amount of labour & planning and hoping Mother Nature is on your side.
I don’t know how you’ll fit all this into your long hours, but I know you will. You’re very hard working and a visionary like your Grandpa.
Watching you Cole and your ability to be as transparent as possible and the reality of what every farmer faces blows my mind!! I think grandpa and great-grandpa would be very proud of you!! I’ve watched what you’ve done with this farm over the past five years and it’s astonishing!! God sees the heart and you give Him place in your life, He’ll come through!
Your optimism and ethics, plus your family commitment make me 100% confident that you are are a great investment. You have value Cole, consider that in your calculations
This video made me a bit emotional. I grew up small farm that my dad started when he got out of the army. I took over the farm and was unable to keep it going so I had to sell everything and get a job. While you were sharing I could hear the emotion in your voice. Many viewers probably were asking the question "Why do you keep farming if you are going to lose money?". The answer is because farming is not what you do, it's who you are. It was a very difficult thing for me to leave the farm, but I had to feed my family. You keep going because you always have that hope for a better year and I know you have trust in God for help. This may have been the best video you have ever made. I will share it.
Or maybe think outside the box and stop just planting corn and soybeans. Both those crops are so abundantly overproduced there is no future there. 25 years ago a good yield of corn was 150 bushels an acre. Now I need your irrigated land it easily exceeds 300 bushels per acre with no market for the excess product.
@@Otherrandomguy42 Well said!! Corn and soybeans are also two of the worst things animals (including humans) can put into their bodies. They are loaded w/ inflammatory omega 6 oils and glyphosate laden chemicals. Please raise something else!!
I hope the renovating is still being filmed. As a member of a family of farmers I can say that farmers EARN every cent of their income. Often at a huge loss each year.
You are a really fun guy to listen to telling us what a mess you were😁. But now you are going on to make the family farm will go on for a long time!!
Excellent video. As a crop farmer (mainly wheat and canola) in Europe I also did my budgeting: on the same basis I projected just about the same result.
Dang Cole, that was a heck of an intro. My grandparents split from the farming model of my grandfather's parents and construction/housewife of my grandmother's parents. I hate to say it but it really spun us for a loop. We're hardly connected with ourextended families. My uncle and father never had solid family heritage/enterprise to build on and it's so sad. They live so much in the past that they can never be present nor have they been able to prepare for the future. I don't know if I could have fit into your shoes but I do envy your upbringing and your connection to your ancestors. I also do and do not envy the responsibility you carry. Your accolades at your young age are also impressive. You're truly an inspiration.
Cole, thank you so much for doing your channels. It’s so interesting. Love your family!
You are a son your family is proud of
I know you miss your grandpa, but he’s all around you. Thanks for the stories about how inventive he was. It makes me think of my dad. Not a farmer, a geologist, but had the same traits. Anyway, here I am , a 3rd generation mining industry kid, watching a farming video 😂. Heck, you learn something new everyday!
And I'm an old woodbutcher who went deaf from the routers n saws ! Also in the family lline, but not now my son !
Cole you are amazing! I enjoy your videos so much! I am an Iowa farmer’s daughter. My parents moved to Iowa from Missouri in 1961. They bought an 160 acre farm. I did not appreciate what my dad went through to be sure we ate! And he didn’t have the tools you have. I’m praying for you and your family!
Do not discount the support of your mother and your wife, They are there raising the children, preparing food, managing your home .
He loves his family ❤🙏
What would be the value that does not undervalue them? How do you set a value on that? And how do you relay that in a $$$ amount to include in the costs of running the farm? You don't, because you cant, honestly it is a nice question but totally ridiculous at the same time
Do you even watch the videos both his mom and wife produce income that supports the farm also
@Budgettools as he said, he is not including income from outside the farm, so if they have jobs that money is not included, only money that the farm makes or spends
@@robertbradford3461 you didn't read the op comment then my reply to it back to back did you
Cole With Some Real Honesty, Cole With Some Natural Common Sense, Cole With Raw Facts That Can Be hard To Swallow!
I know everyone doesn't know what we do but that's the most true video ever thank you
I grew up on a small dairy farm in South Dakota, back in the 60's and 70's, my parents had 14 kids. We probably had 200 acres of cropland, the 60's were rough with the drought. I remember going to farm auctions hoping my dad would buy a bigger tractor, but we seldom came home with one. We ran all colors, based on what was a good buy. I remember the day my dad paid off the farm, I don't think he ever borrowed money again. In the 70's he ignored the bankers telling him to expand and buy more land but he wouldn't bite. He looked back on that in the 80's with satisfaction. Each kid got a set of luggage for high school graduation, and we all wound up with college degrees and successful lives. Two of my brothers went back to the farm and it is still in the family. Sometimes you can just get too big for your own good....
I've been watching your videos for years, already, and have learned SO much about farming! But, I'm ready to learn MORE!!!! Thank you for sharing all this information, Cole! I think everyone should watch this, so they could appreciate all the blood, sweat, and tears that goes into growing our food! Thank you to you and your family, Cole, and all the other farmers, too! YOU ARE APPRECIATED!!!!
Cole, I am 75,from New Zealand and absolutely love you visiting me via U Tube every other day. Hopefully in the next year you and your family of farmers will be a little more asset rich to compensate for the budgeted loss.
I also look forward to more videos on the home rebuild
Broooo
One lonely farmer suggested watching this I have been involved in ag my whole life and don’t actively farm now but do have a few cows. People really don’t have a clue. This is very informative and extremely personal. Thanks for sharing
The last 10 or so years have been pretty lucrative for farmers. Those that have spent banking on the good times staying with us are going to struggle. I've a couple of neighbors that have fancy shops, grain setups and a fleet of new machinery. No one guaranteed them that the good times would last forever.
Cole! This is a great video and letting people know the day to day task In farming and managing. Looking forward for the rest of year results. I pray that you have a good year.
Cole!!!!! I freaking love this! You and your family bust your butts and I will tell you now, your transparency about farming is awesome, educational and needed. Thanks Cole. Looking forward to watching. ❤
Edit: realizing I have been watching Cornstar for 4yrs lmao! Time sure does fly!
My grandfather and uncles were small farmers in Missouri during the 1920-1980's, but no one in our very large clan farms anymore. I was drawn to your channel because of the large farmhouse and cleanup, but your videos have increased my knowledge about the ins and out of being a farmer so much. Thanks for sharing information about yourself as a child and high school years. I always felt there was more to you than just being super energetic. I look forward to learning more as you put forth this new series of videos.
I have been gardening for over 3 decades now, I cannot imagine the struggles a large farming operation must endure every year. Mother nature is a cruel woman, drought, disease and insects can cost you hundreds of thousands of dollars on a scale this size. Hats off to you sir for all you do to feed America
I’ve seen Cole’s financial projections before and I think this is the most accurate way of looking forward for him especially but most all farmers in general.
This video is a Great presentation Cole of farming. May God Bless all of you this year.