Well said! Same shit here in Alberta Canada. Different crops, same tight margins with the same financial issues.

You are spot on as usual. I also see a couple more years of high grain prices. Like you said though everything else is going up in price. I'm sure anyone farming now that owns paid for ground is worth more than they ever was worth in history, but when they go and look at the prices of more ground, inputs, and equipment you start feeling poor. Your example of being able to only buy three quarters of a tractor is a perfect example. A lot of guys are using paid for ground as leverage the pay for this high dollar ground that don't pencil out.

@Blackearthexcavationandtiling

Жыл бұрын

Hi! .... great to hear from you and thank you for the kind words & compliment ... I hope you had a great Christmas...... fingers crossed for about 3 to 5 more good years - by then I'll have all our debt paid! 😄

@Fieldman12

Жыл бұрын

@@Blackearthexcavationandtiling Yes, Christmas was good. I hope yours was good as well.

Great job wish more Americans could understand like you do .really appreciate your vid. Thanks so much.

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much & Merry Christmas !

The only thing I see being planted are homes. I'm sick of it really. More homes = more people. More people = more problems.

A lot of people probably don’t realize that every 1% interest is $10,000 per year on $1 million borrowed.

@Blackearthexcavationandtiling

Жыл бұрын

Oh yeah for sure .... ads up quick ....hogh interest rates are going to kill us

I like how in '08 the food companies said they went up on prices because of the fuel cost increase. But in all those years where fuel went down, they didn't announce food prices dropping. 😒

@Blackearthexcavationandtiling

Жыл бұрын

Exactly 💯

thanks for the video .

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much for watching

Great commentary 👍🏻

@Blackearthexcavationandtiling

Жыл бұрын

Thank you!

Guys with the X9 $25.00 ac 😂😂😂😂😂😂😂😂😂😂😂😂💀💀💀💀💀

@Blackearthexcavationandtiling

Жыл бұрын

They have the price of the machinery built in to their coats.... Cash flow is all that's left no matter what though bc if you don't have debt- the govt just takes your money via tax ....

Very thorough and informative, thanks!! Lotta effort went into this must have a vast research department lol I really hope your right a couple more years of decent prices would help. There's 2 pieces of land for sale by us now 3x price 5yrs ago I hope we are not making a mistake but gonna pass, especially after 2yrs of drought, all the best!

@Blackearthexcavationandtiling

Жыл бұрын

Thank you very much.... same deal here - its the interest rates that are running us off... they say never buy land at high times - we'll just see how it all pans out

More cattle? Oh the humanity! The climate! Hahaaa! Anyone else see the trend. If government would stay the Fook out of markets, and peoples business it might actually be a free market.

@Blackearthexcavationandtiling

Жыл бұрын

Right! ...be nice if they did - but money and corruption run the show

@imagoodlistener2730

Жыл бұрын

@@Blackearthexcavationandtiling I knew you would say that. How did the middle class start? By decent big money people knowing that was needed. Little sacrifice for a huge return.

@Blackearthexcavationandtiling

Жыл бұрын

@im a good listener this used to be a country of a few ...labor was short .. and there was a greater need for labor ...industrial revolution.... but that's all been lost

@imagoodlistener2730

Жыл бұрын

@@Blackearthexcavationandtiling agreed. From what I'm hearing there is still a need for craftsmen. Even after they supplement from the south border. cheap and quantiful help is not always good help. All the major western/modern nation's are trying to bolster their economies by supplementing people from other nations. People are only good for currency in leaderships eyes.

Much like the timber. The people on the upstream were not making more money for the high high prices on the downstream. The people in the middle controlling the markets. Estimates. With a 40% surplus of crops, we are not burning our food. Lol

@Blackearthexcavationandtiling

Жыл бұрын

Yes! Exactly 💯

Nw ohio. Plug in 300 land rent or 10,000 an ace to purchase. Makes bottom line even worse

@Blackearthexcavationandtiling

Жыл бұрын

Just nothing left ... takes $7 corn and good yeilds to break even .... sucks ... farmers are becoming peasants

Hello! Again...

@Blackearthexcavationandtiling

Жыл бұрын

😁😁

@luisnunes7933

Жыл бұрын

@@Blackearthexcavationandtiling 👌👌

Your about 1/2 on rents and land price lol

@Blackearthexcavationandtiling

Жыл бұрын

I imagine it gets pretty stinky out your way ... I just went off the IA state website ....