Key insights

• 🏡 Purchased 80 acres for $850,000, which equals $1,625 per acre.
• 🌾 Concerns rise as big companies buy up agricultural land, impacting local farming culture.
• 📈 Farmland prices have soared to $10,500 an acre, posing challenges for new farmers.
• 💧 UMC offers reliable irrigation parts, essential for maintaining productive farming operations.
• 🌳 Plans to transform a ditch into a tree line for better wind protection and aesthetics.
• 🌱 Excitement builds for planting corn using dry fertilizer and a profitable growing season ahead.
• 👩‍🌾 Young farmers are encouraged to buy land to preserve agricultural traditions and legacies.
• ❤️ Viewer support has been instrumental in making land purchases viable despite financial hurdles.

Q&A

• What are the plans for the upcoming growing season? 🌱

  The speaker is excited about the upcoming growing season, planning to plant corn using dry fertilizer to maintain soil health. The appreciation for owning land compared to renting adds a special significance to this season, emphasizing the joy of harvesting their own crops.

• How does the speaker feel about viewer support? 🙏

  The speaker expresses profound gratitude for viewer support, which has played a crucial role in making the purchase of farmland possible amidst financial challenges. This encouragement is instrumental in their farming journey and community connection.

• What improvements are being made on the farmland? 🌳

  Current improvements involve weed management and junk removal to enhance productivity. Additionally, there are plans to transform a ditch into a tree line for wind blockage, showcasing a commitment to both functionality and sustainability.

• How does UMC support farming operations? 🌾

  UMC provides durable and reliable parts for farming irrigation systems, crucial for maintaining efficient operations. Their support includes a wide selection of irrigation solutions, which helps farmers optimize productivity on their land.

• What role do young farmers play in the future of agriculture? 🌱

  Young farmers are vital for the future of agriculture, especially as about 70% of U.S. farmland is projected to change hands in the next 30 years. Their participation is essential for preserving agricultural legacies and preventing corporate monopolization of farmland.

• What is the current state of farmland prices? 📈

  Farmland prices have been rising significantly, currently averaging around $10,500 an acre. This increase poses challenges for farmers looking to purchase property, especially amidst an anticipated wealth transfer in farming due to retirements in the coming decades.

• What are the concerns regarding large companies buying farmland? 🌾

  Farmers are increasingly worried about large companies acquiring agricultural land, which could threaten local ownership and community farming culture. This trend risks diminishing the role of generational farmers and may lead to a loss of local connections in agriculture.

• How was the farmland financed? 💰

  The purchase was financed over a 30-year term, allowing for manageable repayment. This approach reflects a strategic investment plan aimed at ensuring the land remains in the family while maintaining farming operations.

• What motivated the purchase of 80 acres of farmland? 🏡

  The decision to purchase 80 acres of farmland for $850,000 was driven by a commitment to farm the land for life and to eventually pass it on to future generations. This long-term vision embodies the values of family and sustainability in agriculture.

• 00:00 The speaker discusses the purchase of 80 acres of farmland for $850,000, highlighting the decision to finance it over 30 years and their commitment to farming it for life, eventually passing it on to their children. 🏡
• 01:54 Farmers are concerned about the increasing trend of large companies buying up agricultural land, which threatens the future ownership and community farming culture. 🌾
• 03:52 The rise in farmland prices is concerning, particularly as the average age of farmers is increasing and many will retire soon, leading to a significant transfer of farmland ownership. Young farmers have a unique opportunity now to buy land and preserve agricultural legacy. 🌾
• 06:14 🌱 UMC provides durable, reliable parts for farming irrigation systems, crucial for maintaining operations. Ongoing improvements on the farmland include addressing weeds and junk removal to optimize productivity.
• 08:13 The speaker shares their plans for transforming a ditch into a tree line for wind blockage and expresses gratitude for viewer support, which has made purchasing farmland possible despite the financial challenges faced this year. 🌳
• 10:19 The speaker discusses the profitability and appreciation of their farmland, plans for planting corn using dry fertilizer, and expresses excitement for the upcoming growing season and the joy of harvesting on owned land. 🌱