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Cost of farming?
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Red Lightning
Posted 1/3/2014 11:50 (#3570103 - in reply to #3566774)
Subject: Re: Cost of farming?


Jonesville/White Creek, IN
Tmgsssn - the video says before you pay yourself or your employees. That's what I'm speaking to. I agree with your points - but I'm only speaking to the video- watch between section 3:23-3:33.

That's why I pointed out you can have a year where you have zero "profit", and still make a living...

and I said this: "Your break even point technically is Gross - production cost - rent (if any) = 0" - so that includes land costs (rent=land cost, whether it is rent to a land lord, or a payment to a bank....)
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