https://www.youtube.com/watch?v=b2F-DItXtZs&t=2m35s
Not a bad idea, actually.
101–110 of 309 posts
https://www.youtube.com/watch?v=b2F-DItXtZs&t=2m35s
Not a bad idea, actually.
Every time this topic comes up I say the same thing. If you've never worked on a farm and have some kind of romantic idea about it then you shouldn't do this. Farming is hard work. Modern farmers have college degrees, millions in equipment, and a vast amount of knowledge and experience you do not have. If you're thinking of doing this and do not have experience go work on a farm for a year before you buy in.
Maybe they have saved enough from working in tech that they can grow vegetables for themselves in a very low scale way. Its nice to escape from the career you've had for decades. Sometimes its not even an escape from the career, but the career and the city you've lived in. Moving to the forest and growing some vegetables and raising chickens isn't that difficult. You certainly don't need "millions in equipment". Its…
Every time this topic comes up I say the same thing. If you've never worked on a farm and have some kind of romantic idea about it then you shouldn't do this. Farming is hard work. Modern farmers have college degrees, millions in equipment, and a vast amount of knowledge and experience you do not have. If you're thinking of doing this and do not have experience go work on a farm for a year before you buy in.
Every time this topic comes up I say the same thing. If you've never worked on a farm and have some kind of romantic idea about it then you shouldn't do this. Farming is hard work. Modern farmers have college degrees, millions in equipment, and a vast amount of knowledge and experience you do not have. If you're thinking of doing this and do not have experience go work on a farm for a year before you buy in.
Corn or dairy cattle, absolutely. Oranges for concentrate, sure. Even cabbages for transport, right. But there are other things there's demand for, or demand can even be created for, that do not have such vast efficient scales. Hand-reared escargot, or spinach grown within resonance of a woodpecker pecking at dawn, just two examples.
Please tell me this is a real thing freaks overpay for…
Every time this topic comes up I say the same thing. If you've never worked on a farm and have some kind of romantic idea about it then you shouldn't do this. Farming is hard work. Modern farmers have college degrees, millions in equipment, and a vast amount of knowledge and experience you do not have. If you're thinking of doing this and do not have experience go work on a farm for a year before you buy in.
Earlier quoted context omitted.
> Yea, most people dont get what a "future" is, and why corn and lumber have them (but not onions... thats a lesson too)... The farm has the support of a lot of high finance and hedging exists not just as an instrument but has a purpose. Not many farmers I know (in an ag community) understand what a future is either, or would even know how to trade them. That's the domain of hedge funds, not farmers. (And, if they tr…
They should, it's basic insurance. You don't have to be a speculator, just understand that you're long the thing you're producing in the future so it makes sense to be short some future contracts to lock in your price in that future . (Just make sure your futures broker accepts delivery, otherwise there's funny stuff happening)
If you grow corn: It can be sold as a future, and you can have crop insurance on it.
IM not sure you grasp what a future is in the case of a farmer...
Now if your in construction, or buying fuel a future can be insurance. Or a risky bet.
None of that is like your heath or home owners or car insurance.... unless you dont have them.
Earlier quoted context omitted.
> You need to be a welder, plumber, vet, horticulturist, builder, metrologist I love this about farmers. They are the polymaths of our age and folks dont get it. Farming YouTube is a trip because there's more tech in a tractor than in some startups. > and if you're doing properly, crooked accountant as well. Yea, most people dont get what a "future" is, and why corn and lumber have them (but not onions... thats a les…
> Yea, most people dont get what a "future" is, and why corn and lumber have them (but not onions... thats a lesson too)... The farm has the support of a lot of high finance and hedging exists not just as an instrument but has a purpose. Not many farmers I know (in an ag community) understand what a future is either, or would even know how to trade them. That's the domain of hedge funds, not farmers. (And, if they tr…
Earlier quoted context omitted.
I was the only grandkid interested in the family farm at all and stood to inherit the whole works. I went to college instead and work a regular job. Grandpa has been on that farm since he was born in 1922. Until he retired in 2006, he took two days off work the entire time. No. Thank. You.
Two days off sounds bad but when you’re working for yourself and don’t have to answer some prick manager, suffer on a commute, sit hunched unnaturally at a desk, it could be much better.