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DMiller 
Orange Level Access
Joined: 14 Sep 2009
Location: Hermann, Mo
Points: 34021
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 Posted: Yesterday at 5:11am |
 Tbone95 wrote:
I’ve said it before and I’ll say it again. When you look at buying land, of COURSE if you borrow the money you will not profit. But if you have the money, you’re good. You bought yourself a real, tangible, generally appreciating asset. If you can make money over the cost of inputs, compare that to leaving it in the bank earning a couple percent interest. Have cash flow over cost of inputs, asset appreciates, equity increases, improves balance sheet. Those who pursue this become the” big guy” everyone bitches about. The Norman Rockwell days were over a long time ago. |
The days of NR were NO Property Taxes to the levels seen currently. That needs to end for AG Real Estate if not ALL Rural Grounds even Homes and land used Solely as Home as the Taxes are killing much of the usable ground as a Purchase for investment or just to live out our days.
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Tbone95
Orange Level Access
Joined: 31 Aug 2012
Location: Michigan
Points: 12191
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Posted: Yesterday at 7:01am |
jvin248 wrote:
DMiller wrote:
... Mennonites and Amish are jumping in, CASH. From Martinsburg W to Marling, from Buell N to New Hartford is nearly ALL Amish now. |
Hutterites (N US/Canadian menonites/Amish) ave 150 person groups will split and give 75 all the cash to buy new land. Like honey bees swarming. No financing problems. They can easily outbid.
If regular farmers banded together against input corporations and commodity market corporations they could do the same.
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Yeah, and if my aunt had balls she’d be my other uncle. I’m not saying that to slam you. Just my comment on human nature. As in, it’ll never happen. Form a group like that and as soon as one guy gets a sweetheart deal he stabs everyone else in the back and party over. Basically the Grange. The Mennonite community pull this off, but church based control. Lots of them and Amish here as well. They sold their Indiana property for $12,000 per acre and moved up here for $4,000 per acre. We can’t compete with them.
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Ray54
Orange Level Access
Joined: 22 Nov 2009
Location: Paso Robles, Ca
Points: 4744
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Posted: 15 hours 28 minutes ago at 7:33pm |
jvin248 wrote:
DMiller wrote:
... Mennonites and Amish are jumping in, CASH. From Martinsburg W to Marling, from Buell N to New Hartford is nearly ALL Amish now. |
Hutterites (N US/Canadian menonites/Amish) ave 150 person groups will split and give 75 all the cash to buy new land. Like honey bees swarming. No financing problems. They can easily outbid.
If regular farmers banded together against input corporations and commodity market corporations they could do the same.
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What common farmer wants to make 75 enemies.  Give them 10 years 7 farmers in 99% of cases would not be getting along.  Not that many bothers or father sons get along that well.  Farmers are as independent a group as you can find.
The Amish share very strong religious believes. That leans in heavily to forgive others. I am sure this helps a lot in their getting along in joint ventures.
No idea what holds a Hutterites together. But again some religious component to them. And all assets are held by the group, from the little I know.
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Tbone95
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Joined: 31 Aug 2012
Location: Michigan
Points: 12191
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Posted: 3 hours 43 minutes ago at 7:18am |
Ray54 wrote:
jvin248 wrote:
DMiller wrote:
... Mennonites and Amish are jumping in, CASH. From Martinsburg W to Marling, from Buell N to New Hartford is nearly ALL Amish now. |
Hutterites (N US/Canadian menonites/Amish) ave 150 person groups will split and give 75 all the cash to buy new land. Like honey bees swarming. No financing problems. They can easily outbid.
If regular farmers banded together against input corporations and commodity market corporations they could do the same.
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What common farmer wants to make 75 enemies. Give them 10 years 7 farmers in 99% of cases would not be getting along. Not that many bothers or father sons get along that well. Farmers are as independent a group as you can find.
The Amish share very strong religious believes. That leans in heavily to forgive others. I am sure this helps a lot in their getting along in joint ventures.
No idea what holds a Hutterites together. But again some religious component to them. And all assets are held by the group, from the little I know. |
Yep.
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jvin248
Silver Level
Joined: 17 Jan 2022
Location: Detroit
Points: 460
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Posted: 1 hour 29 minutes ago at 9:32am |
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Corteva Agriscience has "a group" of 22,000 employees that work together against all the independent farmers, setting input costs. Expand this to fertilizer, equipment new machines/parts, and banks, are all big teams roughing up individual farmers every year.
Farmers need better internal cohesion. The farmer down the road is not the competition, the corporations at the big far away cities have much more influence on success/failure.
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Ray54
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Joined: 22 Nov 2009
Location: Paso Robles, Ca
Points: 4744
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Posted: 21 minutes ago at 10:40am |
jvin248 wrote:
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Corteva Agriscience has "a group" of 22,000 employees that work together against all the independent farmers, setting input costs. Expand this to fertilizer, equipment new machines/parts, and banks, are all big teams roughing up individual farmers every year.
Farmers need better internal cohesion. The farmer down the road is not the competition, the corporations at the big far away cities have much more influence on success/failure.
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Yep I believe you, but still stand by my previous statement about independent's.
One neighbor and I shared equipment for 30 years. It worked because we our both rather laid back. I tried to keep track the first years as I had a few more acres than he did. He told me we are not going down that road. I know you have more acres in grain. He was also in nut crops. So when bigger repairs were needed more or less split the cost. But he is a very talented make something out of what is around mechanic. He has retired into wine grapes on his owned acres, and I just have beef cows today. We still have several worthless machines we co own. Still friends, but not the norm.
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