My Farm Is Projected To Lose $523,000

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.

Cole, Some of us know that just producing a Youtube 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.

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.

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.

The honesty of this video is humbling. I pray the American farmer gets more of the money we as consumers' pay for our food.

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"

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.

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!

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.

Now you know why your grandad held onto everything and just made new equipment from out of his yard instead of buying equipment.

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!

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.

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 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!

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 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 ;)

Expenses are killing every small business, not just farming.

Proud to be American here thanks to Cole and his family. Thank u4 being so transparent about ur farm business, Cole!

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 YouTube. I sincerely wish the best for you. I also can't wait to see how your house turns out.

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.