Bob Welker
👤 PersonAppearances Over Time
Podcast Appearances
Everything's getting bigger.
And the other thing, we're blessed, ROI is low. As far as the, I mean, it's high compared to our input costs. We don't have, we have some land payments, but not a lot. You know, when we look at what you guys are paying for cash leases and all that, it's huge. It's unbelievable. Our cost of farming per acre is much lower.
And the other thing, we're blessed, ROI is low. As far as the, I mean, it's high compared to our input costs. We don't have, we have some land payments, but not a lot. You know, when we look at what you guys are paying for cash leases and all that, it's huge. It's unbelievable. Our cost of farming per acre is much lower.
And the other thing, we're blessed, ROI is low. As far as the, I mean, it's high compared to our input costs. We don't have, we have some land payments, but not a lot. You know, when we look at what you guys are paying for cash leases and all that, it's huge. It's unbelievable. Our cost of farming per acre is much lower.
And so we're going to make a profit this year even with that because we haven't invested a lot of new color. Yeah.
And so we're going to make a profit this year even with that because we haven't invested a lot of new color. Yeah.
And so we're going to make a profit this year even with that because we haven't invested a lot of new color. Yeah.
you know a fresh paint uh we've been made to do what we can do and so we're going to come through this fine yeah um and i kind of learned that from my dad and my uncle back then when they had really tough years going through and i said you know those years are going to come uh but there's also the other year right so one thing too to consider is probably one of the reasons why our farm
you know a fresh paint uh we've been made to do what we can do and so we're going to come through this fine yeah um and i kind of learned that from my dad and my uncle back then when they had really tough years going through and i said you know those years are going to come uh but there's also the other year right so one thing too to consider is probably one of the reasons why our farm
you know a fresh paint uh we've been made to do what we can do and so we're going to come through this fine yeah um and i kind of learned that from my dad and my uncle back then when they had really tough years going through and i said you know those years are going to come uh but there's also the other year right so one thing too to consider is probably one of the reasons why our farm
No. No, I've always had one.
No. No, I've always had one.
No. No, I've always had one.
Yeah, we've taken combines out in a five-year program because there was zero interest back. Remember those days? They had five years, zero interest like that. And so, well, I'll just go ahead and do that.
Yeah, we've taken combines out in a five-year program because there was zero interest back. Remember those days? They had five years, zero interest like that. And so, well, I'll just go ahead and do that.
Yeah, we've taken combines out in a five-year program because there was zero interest back. Remember those days? They had five years, zero interest like that. And so, well, I'll just go ahead and do that.
But anyway, somebody came on the farm and just asked, well, how many employees do you have at this farm? And it was asking Nick, and he looked at the three of us and looked and says two and a half. So at least I pull half weight.
But anyway, somebody came on the farm and just asked, well, how many employees do you have at this farm? And it was asking Nick, and he looked at the three of us and looked and says two and a half. So at least I pull half weight.
But anyway, somebody came on the farm and just asked, well, how many employees do you have at this farm? And it was asking Nick, and he looked at the three of us and looked and says two and a half. So at least I pull half weight.
Yes, that's right. What does an acre of land sell for? The last land I bought was last year $700,000. 700 bucks. Now, it wasn't prime Iowa farmland. No. You know, you have five feet of soil. We had five inches. Yeah. You know, so we didn't have to pay for all that extra footing. There's a couple of crazy people in Illinois that would have paid that for rent. Yeah. Oh, I know it.