How Much Money Do Farmers Make?

This is the first video of its kind. Finances in farming is often a subject many are not willing to talk about. In this video, I shine a light on all of our expenses for our 1,700 acre farm in Central Iowa. I cover every aspect of income and expenses and produce actual numbers.
The goal of this video is to raise awareness and to educate. It is not designed as a pity video, so please, do not feel bad for us. The information is as personal as it gets and this video took me a long time to create.
Sources:
Yields and Prices
www.extension.iastate.edu/agdm/wholefarm/pdf/c2-10.pdf
www.extension.iastate.edu/agdm/crops/pdf/a2-11.pdf
www.extension.iastate.edu/agdm/crops/pdf/a1-13.pdf
www.extension.iastate.edu/agdm/crops/pdf/a1-14.pdf

Quick and dirty tax calculator:
smartasset.com/taxes/iowa-tax-calculator#xxyHMrF5bG


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Cole The Cornstar, aka Cole, is a 4th generation family farmer from Central Iowa who is the life force behind his family’s 1,700 acre farm. Cole promotes agriculture by filming his day-to-day adventures with his Dad (Daddy Cornstar) and brother (Cooper) on the farm. With a lot of help from Daddy Cornstar, Cole instills humor and education into his videos fit for both young adults and adults. Despite being 22-years old, Cole has an old-fashion work ethic with an innovative approach toward agricultural technology and practices. Cole's mission is to prove the American Dream is not dead and be a megaphone for agricultural education and innovation, from technological advances in farming equipment to conservation practices.
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Marshalltown, Iowa 50158
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Watch more Videos like this:
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► Edited By Cole The Cornstar
Business inquiries only: cornhubcole@gmail.com

Komentar 

  1. trip zuco

    trip zuco

    28 menit yang lalu

    Faith in god? Thats a thumbs up 👍

  2. Ranwolfalfa

    Ranwolfalfa

    Jam Yang lalu

    I just found this video. I liked and subscribed. I am 63 years old, I was raised on a dairy farm. The very first tractor I drove was a John Deere B. We had one hundred and seventy-five acres, seventy-seven cows, one angry bull, thirty chickens, and five pigs. The biggest tractor we ever owned was a John Deere 3020. We also had a John Deere 2510 and John Deere 1010. John Deere harvester, small manure spreader, JD planter, two wagons, and disks for cultivating fields along with a corn chopper for silage. I look at farms now and honestly I don't know how the farmers do it. I personally don't care how much money a farmer makes because it ain't enough. With all the blood, sweat, and broken bones they go through farmers just don't make the money they are worth. My dad died of a heart attack on October 18, 1982, while unloading corn. I ran the farm myself for three months. I asked mom to let me take over the farm. But she was in too much sadness to make a desition. And of course, my aunt went behind my back and talked mom into selling the farm. The worst nightmare was when Dad died, losing the farm almost killed me. All the memories I had on the farm are just that. I admire the knowledge you have young man. you will go far in the farming business. I wish you all the best and thank you for the greatness you help bring to our tables.

  3. Simon Yoder

    Simon Yoder

    3 jam yang lalu

    If you know where Amana, IA is, that where I live. cool to see big IDplayerrs in my area!

  4. roxxerface

    roxxerface

    6 jam yang lalu

    Being a farmer is very profitable and you own alot of equipment. You just have to work to maintain it.

  5. Renato Pascoal

    Renato Pascoal

    6 jam yang lalu

    I come from a place where 90% of people, down to my parents generation, live off of farming. My generation though that’s where u start seeing more doctors, nurses, teachers, architects, etc etc. with my family, my grandpa was smart and a visionary and also didn’t want that type of life for his kids when u get your first pair of decent shoes when you turn 15. So for our family, what would be a certain farming life future, changed to several other careers/ lives. Starting with my grandpa and his businesses in construction (not as in construction itself but more someone who sells what needed for construction) and my mom who also to this day still owns and runs her own business in the area of distribution and food supplies, like her own store, we came a long way. Own business like my grandpa and my mom, being CEO or having big jobs in major European companies (still in those construction and food supply/ distribution areas) like my uncle and dad. Or down to me and my siblings and cousins, who didn’t make that big but still working for companies with big euro and some of us for companies with world presence, we still never managed to totally disconnect from that farming life. Not even close to this level seen in these videos, but even as I was growing up I still sacrificed blood sweat and tears on my spare time from school and army and later my first job. We all have other jobs/ occupations but we still have quite a fair bit of equipment like tractors and trailers and trucks and plowing equipment, fertilizers, sprayers, etc etc. we stronger on vineyards but we do other type of crops small time. We don’t produce our own wine but we sell our grapes to winemakers and distilleries. All this just to say, I know a bit of how hard this life is, and I know a bit of the frustration of being in the worst end of this whole circle of life. And how most people In the city buy their packaged and canned and fresh food, without having any idea of how little of that price tag goes to the farmers. The ones who really put our food in our plates are the ones who are payed the less. Same goes for all type of farmers, cereal, veggies, animal... fisherman, etc etc. many of them who many times risk and loose their lives when most of the profit goes for the companies who make things look prettier, and all the middle men.. thank you for what you doing and may all the gods in the world bless you

  6. Carlos Ortiz

    Carlos Ortiz

    7 jam yang lalu

    Something tells me this kid is going to turn into a addict ..

  7. Xarai

    Xarai

    8 jam yang lalu

    ...oook you had me until the end your imaginary friend doesnt help you (-240k alone should tell you this) maybe you should concentrate on improving instead of getting on your knees and praying to the air

  8. Per sigbjørn Risvik

    Per sigbjørn Risvik

    11 jam yang lalu

    It is so much ez to be a farmer in Norway, although we also loose a lot of money

  9. Reset Call

    Reset Call

    15 jam yang lalu

    Superb this guy is genius, can I talk to to understand more..... Whats your contact number

  10. Daniel Peterson

    Daniel Peterson

    15 jam yang lalu

    Well I know for fact as a farming if you're making less money than what you're earning no farmer will be doing it I know is I am a farmer no families don't get rich that would take 500 years to do but they do make a fair income and if you take your total net income of the farm that it cost you to the beginning to the end that's a 30 year mortgage. And that if people making a debt every year of $20,000 by now every farmer it's been around for a hundred years but old over 1 billion dollars in payments Philip Banks and b 1 billion dollars in debt the banks would take your property away before you got that far so your average is more of a lie can you just try to take an average of every Farm. but then again I don't want to know what you make a don't make. I just like watching the shows and that if that helps you out while then it helps you out.

  11. I need to stop

    I need to stop

    17 jam yang lalu

    Me who plays farming simulator: why don’t they just add hundreds of Government Subsidy’s?

  12. JR D

    JR D

    19 jam yang lalu

    A very good video that NEEDS to be watched by people in the big cities complaining about food prices. Maybe followed up by a video following a farmer through an average day (and maybe a harvest day).

  13. Gunther Vladimer

    Gunther Vladimer

    19 jam yang lalu

    And this is why I’m I truck driver. I might not have a home but I got a roof and some money to eat. Just can’t find a good DM so I bounce around company’s though.

  14. ImpsMyPimp

    ImpsMyPimp

    20 jam yang lalu

    Sounds like farming is a waste of time. Perhaps if less people farmed, prices would go up and be more profitable for those left?

  15. Marcus Jones Stinks

    Marcus Jones Stinks

    23 jam yang lalu

    Question for ya, do ya boys out in Iowa do the 300 bushel corn bid? The old guys here in Michigan still do. "Imma getting 300 bushel this year". We place bids on whose going to get the closest.to 300 every year. Fun little game

  16. andy d

    andy d

    Hari Yang lalu

    Brings back memories of my grandfather losing his mind on the old Alice Chalmers. I learned so many new words that day.

  17. self made man

    self made man

    Hari Yang lalu

    There's a sweet spot in farming; not too big, not too little. The guys who have massive overhead are the ones who need government money constantly and operate at a loss. It's kind of funny that these big guys just sit in a/c cabs all day and cry about low wages. .. roll your sleeves up and exit the rat race. My dad made $100,000 profit a year on a 15 acre organic produce farm. We had 2-3 different varieties of each vegetable and we grew just about every vegetable that I can think of. He had ~5 employees, a small old Ford tractor, small implements, 5 gallon buckets to spread manure and our hands to weed rows. He never took a penny from the government and only sold locally. I don't understand why bigger is better, especially if u produce an inferior product like gmo corn or soybean.. $6 dollars an acre...lolololol wtf. My dad made $6,666 dollars an acre...

  18. JR. Beast

    JR. Beast

    Hari Yang lalu

    Wow farming simulator got so popular that it’s a real thing dang

  19. Richard Heinen

    Richard Heinen

    Hari Yang lalu

    I asked a farmer once(15 years ago) “what to you make an acre?” He said “well, when it’s all said and done and everything is paid, we like to put a $100 an acre in our pocket” I thought that seemed very low, so I asked another friend of mine. He said “that’s about right, but a lot of years there isn’t even $50 an acre”

  20. Dangelo Johnson

    Dangelo Johnson

    Hari Yang lalu

    keep the shades off

  21. Ryan Fliegel

    Ryan Fliegel

    Hari Yang lalu

    Man I knew that almost all of a farmers income went down the drain for stuff, but I didnt know it was that much. I give you appreciation for the dedication.

  22. ROBERT SIMON

    ROBERT SIMON

    Hari Yang lalu

    I am sure the some of the answers are technology, some knowing your local and state government officials to know what is coming down the pike, or what bills you want passed. Seasonal rain patterns, ground moisture a lot of information is free you just have to know where to look. Getting accelerated deprecation on equipment. My guess is that some of this equipment is obsolete the day after it's manufactured like a computer, and like a car it loses 25% of it's value the day you take delivery. You almost need a masters in business as well as a degree in agriculture to keep up with it all. AND NETWORK LIKE FRIGGEN CRAZY I enjoy your channel, keep up the good fight.

  23. Nervi121

    Nervi121

    Hari Yang lalu

    man, whoever bank or investor that finances a loss of 300k $ year after year has to have a lot of faith in jesus christ and in mother nature to think he's gonna see that money back

  24. Janet Nichols

    Janet Nichols

    Hari Yang lalu

    Very interesting, I’ve known farmers were struggling but you did a great job of explaining.. when we see all that equipment it looks like cash is not a problem. Thanks for explaining. Still wondering how you afford working on your house. What do you use for cash.

  25. WȺɍđɇn łøvɇs tea

    WȺɍđɇn łøvɇs tea

    Hari Yang lalu

    Soo you dont make money?

  26. subwaymallorca

    subwaymallorca

    Hari Yang lalu

    #respect_the_farmers

  27. Yakuma

    Yakuma

    Hari Yang lalu

    Just to make it clear farmers love cornhub not phub

  28. X-OR

    X-OR

    Hari Yang lalu

    Can you sell Cole The Cornstar Corn and Beans directly to your fans. Corn from the field to the consumer and no middle man.

  29. Maul

    Maul

    Hari Yang lalu

    I love what was said at <a href="#" class="seekto" data-time="1687">28:07</a>

  30. squirrelly squirrels

    squirrelly squirrels

    Hari Yang lalu

    Little time little copper corn and yeast mixing with some dope... Bob's yer auntie!

  31. JustinYow

    JustinYow

    2 hari yang lalu

    This was really interesting. Thanks!

  32. Outdoorsman 1971

    Outdoorsman 1971

    2 hari yang lalu

    $377k a year is extortionate, in my opinion.

  33. Mr McDonald

    Mr McDonald

    2 hari yang lalu

    You ever thought about bio-fuel in corn sales? What is the average rate of profit vs expense with that these days? I know aviation is very interested in doing the ethanol thing?

  34. Mr McDonald

    Mr McDonald

    2 hari yang lalu

    All that matters is that Yeshua is allowing us to breathe.

  35. Mr McDonald

    Mr McDonald

    2 hari yang lalu

    How did you smash your finger? You forgot to include medical expenses from all the injuries you suffer at the hands of that equipment! People forget those tractors and combines weigh a lot so do their parts! and fixing them is always a real joy and Hurty-fest correct?! lol

  36. Mr McDonald

    Mr McDonald

    2 hari yang lalu

    Isn't it sad how you have to keep everything secret because of scumbags who will either rip you off or look down upon you because of money,And these are YOUR FRIENDS!~! then you have your neighbors! This world is a really sad place,Can you imagine the actual growth and possible doubling of crops if you all got along and worked together? But that will never happen because this world is a terrible rotten place.Especially these days.With kids who have no respect for their elders and a general lack of education,if the current system could actually be called an "Education"..criminals at every turn in society. in a society in which the majority of the inhabitants stare at a little rectangular screen all day long while they take pictures of themselves every five minutes in a self absorbed haze of self love as they absorb any and all indoctrination of this society of brainwashing media and bulls#%t made up scenarios to keep us all afraid of everyone and everything to ensure you all go straight to them if anything were to actually happen that might threaten their perfect little fantasy world of greed and materialistic selfishness. House car dog wife kids etc..at the expense of actual Love in our lives, A perfectly designed prison. Whatever, If you actually think this world is great well Good for you! The guillotine is ready when you are! But if you know the truth you are ahead of the game! This illusion of life we all live in ,Is nothing compared to what heaven is!

  37. Leon

    Leon

    2 hari yang lalu

    How to lose money. Step 1:become a farmer

  38. Leon

    Leon

    2 hari yang lalu

    I see you got a 95 xplorer 400,I got a 97.Those things are beasts.

  39. That Goose

    That Goose

    2 hari yang lalu

    Instead of giving me 3000 stimulus check. I rather give the farmers more loot. I could easily see myself leaving the farm for another job and that isn't something we want to see our farmers do.

  40. CW Joe

    CW Joe

    2 hari yang lalu

    Meanwhile: Plants a tomato seed in the yard. Wait for tomato plant to grow fruits. I'm now a farmer!

    • Richard Vaughn

      Richard Vaughn

      2 jam yang lalu

      Not a farmer, a gardener.

  41. redneck sam

    redneck sam

    2 hari yang lalu

    Actully small farmers make way less bc were not big like u

  42. rivalstorm120

    rivalstorm120

    2 hari yang lalu

    Not a farmer, actually work in retail. Watched every second of this video. Subbed as well

  43. Jesse Bergsma

    Jesse Bergsma

    2 hari yang lalu

    am i the only one who noticed the oliver tracter with a 2 stroke detroit in the background

  44. Jms Fabrication

    Jms Fabrication

    2 hari yang lalu

    What about the wind turbines? I don't think you talked about any income from them? Farming wind!

  45. Toni Isaacsen

    Toni Isaacsen

    2 hari yang lalu

    Holy cow, you put a lot of work into this video. I tell people that my husband and I work to support his farming habit. Your mom will understand that one and yes, net worth really doesn't mean anything because you would never voluntarily sell what you have put you blood, sweat and tears into. Great job Cole!

  46. It is a Trap

    It is a Trap

    3 hari yang lalu

    This was extremely interersting. Thank you so much

  47. dave_bed

    dave_bed

    3 hari yang lalu

    minecraft

  48. Kevin Butler

    Kevin Butler

    3 hari yang lalu

    Wow! What an education. Farmers are so critical to our countries health. Thanks Cole.

  49. Mark Buckley

    Mark Buckley

    3 hari yang lalu

    I’m from Ireland and we do dairy farming

  50. Brandon Clancy

    Brandon Clancy

    3 hari yang lalu

    I just watched a 34 minute video about corn farming.... the rabbit hole is deep

  51. Thomas Proffitt

    Thomas Proffitt

    3 hari yang lalu

    Kid needs to plant more beans, right?

  52. RUSSELL LANE

    RUSSELL LANE

    3 hari yang lalu

    All of my family are farmers in eastern New Mexico and he's right, it's much more than a job. It's quite simply, their way of life. So when a farmer loses their farm it's nothing like me, losing a job. No, it's nothing at all like that.. My Grandfather farmed most of his life and his son's farmed their entire lives and now many of my cousins are still farming the different family farms. I hate to imagine what it would be like for one of them to lose their farm. It would just be devastating. They all pitch in to help each other out and without family, well, it would be a different story today. This young guy is very sharp and he has a lot going for him so i'm sure that Cornstar Farms will be around for future generations. And that's a good thing. Thank you, Farmers!

  53. Tuukka Salmi

    Tuukka Salmi

    3 hari yang lalu

    We have a farm in finland and in our village all of the farmers work together and loan equipment for each other for free our neibours and also in finland the income data is public information.

  54. Levi Wright

    Levi Wright

    3 hari yang lalu

    Why do you still have thr semis if you arent using them? Also what it would look like to rent out everything you currently own and let somebody else take on the responsibilities and challenges of running a farm? (Be the landlord of all the stuff you own and make $$ from whoevers using it to farm? This might not be as lucrative, but you dont have to deal with the fluctuations and uncertainty of the farming market)

  55. Prime Supps

    Prime Supps

    3 hari yang lalu

    Grave Digging Business? Ya I caught that...

  56. MannyPlayzRB

    MannyPlayzRB

    3 hari yang lalu

    GovErNmeNT

  57. ZomboGamer

    ZomboGamer

    4 hari yang lalu

    I love farmers accents so hilarious 😂

  58. steve mularky

    steve mularky

    4 hari yang lalu

    Wow I enjoyed the whole video, Great job.

  59. TheFunnyOne1001

    TheFunnyOne1001

    4 hari yang lalu

    Bruh I appreciate the work for the world y’all are like the backbone of the world we need veggies and natural food to make products

  60. Greene Bean

    Greene Bean

    4 hari yang lalu

    I hate his glasses

  61. Kev. My

    Kev. My

    4 hari yang lalu

    No chainsaw? 🥺🥺🥺

  62. Vincent Bowling

    Vincent Bowling

    4 hari yang lalu

    How much do farmers make? Not enough!

  63. KellyBtech

    KellyBtech

    4 hari yang lalu

    Makes me wonder what the annual income is of each of the businesses, companies, co-ops, corporations and gov't departments/agencies and their employees is. Who's receiving the highest benefit from what they do in terms of income, perks and benefits? On the other hand, I also realise that as far as lifestyles go, farming is rich in connection with the earth, nature (and God if wanted), family and community which is sorely lacking in most, if not nearly all other industries.

    • KellyBtech

      KellyBtech

      4 hari yang lalu

      I meant to say all the supporting industries/ people whom the farming industry supports back. Who serves who the most?

  64. KellyBtech

    KellyBtech

    4 hari yang lalu

    From my vantage point you and you're family are amazing Cole. Great presentation style. Your health, wit, diverse talent, both in everything farming as well as video production just blows my mind. God has truly blessed you brother. Glory to Him for what He's been and continues to do in and through you and you're family. Be strong in the Lord and the power of His might both now and on to the end of the age.

  65. J Lyons

    J Lyons

    4 hari yang lalu

    <a href="#" class="seekto" data-time="212">3:32</a> I, too, enjoy the Government Subsidy mod.

  66. Corey Dryden

    Corey Dryden

    4 hari yang lalu

    Go go Power Rangers! 😎

  67. Jacob Jahnke

    Jacob Jahnke

    4 hari yang lalu

    I get this so much we run a small farm/ranch and show about -20k to -30k a year for the farm.

  68. CureFxrm

    CureFxrm

    4 hari yang lalu

    What about those turbines? Are they on your land? Thing called Set Aside earns you cash as well.

  69. Chad Garner

    Chad Garner

    4 hari yang lalu

    I enjoyed the video but could do without the religious proclamation.

  70. helen mccuan

    helen mccuan

    4 hari yang lalu

    We love watching your videos. Great Job . God Bless the farmers.

  71. annette miller

    annette miller

    4 hari yang lalu

    Wow, I had no idea , you have to be very smart to be a farmer . So you also have to do a lot of math . I’d fail .

  72. Anton Rodriguez

    Anton Rodriguez

    4 hari yang lalu

    Do you not know about futures contracts?

  73. The Genie

    The Genie

    4 hari yang lalu

    U.S. Government: We need Chaff for aircraft countermeasures Also U.S. Government: $0.01 per bu. of corn Again, also U.S. Government: $1.50 per bu. of soybeans

  74. Jeremiah Dauphinais

    Jeremiah Dauphinais

    5 hari yang lalu

    subbed. Thanks for yalls hard work

  75. Steve Woodman

    Steve Woodman

    5 hari yang lalu

    I really enjoyed that. I wondered how things worked financially. Why are there so many cars around? The big Chryslers. etc. You mentioned the vehicle insurance and gasoline, so it appears you're vehicle heavy. LOL.

  76. Ron McCoy

    Ron McCoy

    5 hari yang lalu

    Good on ya mate, salt of the earth......wonderful family. Best Wishes

  77. David Hopkins

    David Hopkins

    5 hari yang lalu

    Amen bro!!! You just gained another sub by saying Jesus Christ!!! Praise God for your faith and dedication to helping feed us!!!

  78. Craig Knoblock

    Craig Knoblock

    5 hari yang lalu

    Every single non-farmer needs to watch this! As an Iowan hobby farmer, own 4 acres, enough to feed ourselves, I have a small idea of how hard you all work. Excellent video. Keep feeding America!

  79. Micha EL

    Micha EL

    5 hari yang lalu

    Good content, thank you. What’s your opinion on drone tech with farming?

  80. Jose Aguilla

    Jose Aguilla

    5 hari yang lalu

    Yo what happend to your finger haha i can see its all black. Looks like you smashed it.

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