This isn’t just about losing the farm. This is about losing the generations of what a “man” is for this family. This is what they do. This is who they are. This is painful. My heart and prayers go out to you.
@@jeffreywhitaker5154 The guy who's saved people from suicide and domestic abuse is somehow "silly." Ok dude.... He's an expert on mental health. He understand what this can do to a man.
@@antonioiniguez1615 yea DUDE, that's my opinion and I stand by it. You don't know if he saved any lives or not. You defending him like he's your Daddy or somethin.
It took a lot for him to make this call. I respect him 100%. John, I know you don't read the comments, but John was perfect on this call. I hope that he does whatever he needs to in order to keep that land. He may feel shame but he has to keep that land kn the family.
I'm sitting crying for this man. I live in a dairy Ag area and I can tell you first hand how freaking hard working and God loving these folks are. Golly my heart breaks for him.
Me too. I'm surrounded by small farms in the middle of Pennsylvania. Many of the farmers are Amish or Mennonite. They can get by because they pool resources, but the other small farms are losing out to developers. We are in a sweet spot location wise so developers are ravenous to buy up everything and turn it into a warehouse. Thank God for the Plain Community(Amish, ect) or you'd never see any farming around here.
This is why John is my favorite hosts. He could've gone full yelling to hustle his butt off and try his best to get it done, but he went the emotional approach and got this guy to a place of comfort
And instead of forcing him off the phone call at a commercial break he was patient and kept him on the phone. Sometimes I can’t listen to the show because of how abrupt they are with the callers, I know sometimes they have to be but it’s also okay to let the commercial break roll and return with the same caller.
This is a man's life. I hope he downsizes and sells his equipment so he can keep his earth and to slowly build back in a smart way. Too many farmers in his situation have taken their lives. I don't wish anyone to feel that. He's in a terrible situation not of his doing. I feel for him. I wish I was rich. I'd bail him out in heart beat.
This is heartbreaking. My heart goes out to you, Adam. Thanks for providing so many people with good milk and thank you so much for your hard, hard work.
I had to close the family business 25 years after my father... Was really emotional for me and my family but 15 years later I don't regret it The stress that I carry trying to hang on to it is now gone
This was a hard one to hear. That man is carrying a family legacy on his shoulders. But it's even more than that -- all those small farms we are losing is a disaster for our nation. For his family and for our nation, I pray he gets that win.
Oh dear man, there’s no shame in all this. I think you are a mighty man facing it, talking about your situation. Take their advice and start over with your land.❤
I grew up on a 500 acre farm in NW Ohio raising hogs n growing corn n soybeans. Still own the land and has been paid off for yrs. My dad and older brother never wanted to get big in it because we've seen some local farmers go belly up and declare bankruptcy. Back when I was a kid, my dad bought a few 40 or 60 acre plots and had them paid off in 10 or 12 yrs or so. Today land around us is selling for $17,000+ an acre and will take a lifetime to own it. Many of our local farmers are drowning in $millions of debt not only from inflated land values but plummeting grain prices as well. If this continues there will be blood on the plow for sure. I hope this WI farmer can climb out of this hole. God bless
Somebody at Ramsey Solutions please forward this to Dave. Not because John and Jada are wrong, but because he has more experience and may have a different idea.
I feel like the tough questions weren’t asked. Why did he not pay a chunk of the debt when the business was doing wonderfully? Why did he go into debt in the first place? To pay his dad more than the business is worth? Only Dave asks the right questions
My heart breaks for this man. Though I am not a farmer, I grew up hearing stories from my grandparents talking about farming and how it was not just someone's livelihood, but their life. But only as an adult do I realize you can make it so much about your life that you turn it into an idol and say, "I can take out a loan that'll pay for itself..." I appreciate the *love* John gave this man, but I also appreciate the *truth* he gave him as well. I really hope he does the right thing. Keep the land, start anew, honor your family.
He did say that once he looked that numbers, it wasn't working. Hey, he did what he thought was best to keep the business going but luckily he has an out, not everyone does. He can sell a lot of stuff so he can keep the land, which is the most important issue here.
he said he "took over", not inherited. to me, he implied he bought the assets (land equip) from his dad with the note, in an attempt to change it from the way he said "wasn't working" He made a bet he could make it work - and with some 4th generation emotion, probably a little longer / deeper hope than other entrepreneurs would take; based on info in this call, yeah - better to walk-away with most/all the land, than let arrogance fear drive losing all of it.
@@indianatime So it wasn't working the way his dad was doing it, so he shouldn't feel like it failed with him. He just tried to make it work, but I hope he will sell the livestock and equipment and keep that land.
As a grain farmer of 2100 acres. We pull $1.6 million loans every year for up front input costs which we pay interest on all year long. It's a common thing in agriculture. Some people try to cash flow it but in reality only the smaller couple hundred acres farmers can do it with 40 year old equipment. The government subsidizes crop insurance because if we have 1 bad year. We are done. For example let's say I have my land and equipment all paid off (which we don't) Id still have to find $160k to buy seed to just start the year. That's not fuel, parts, labor, fertilizer etc. Its nuts
Farmers in America are truly suffering -- either from cost of feed, equipment to milk the cows. Even if you farm corn barley or grain. It is extremely expensive to water, equipment, and lack of water and climate change doesn't help. If the Corporations keep buying the land--and it even includes foreign corporations, we in America will not be able to buy food---the corporations care about profit not regular Americans.
but getting into debt, like almost every single one of the callers, is the problem here. If he'd saved years ago, he would have bought equipment without going into debt and would still be ok.
Very few countries where foreigners can buy land. I am a permanent resident of Mexico and still there are many restrictions in buying properties. Land near the border or on the beach must be put in a Mexican's trust, there will be no ownership for non citizens.
@@Luke2128 but what hasn't changed in the history of civilization is that debt is always more expensive than saving up and buying when you have the money and that's what his biggest problem is here like almost every caller to the Ramsey show.
John and Jade are so good together. Glad John has some farming knowledge for this caller. His advice was spot on. I pray this man is able to hold onto his land. 🙏
My husband and I were dairy farmers for 12 years with 2 small kids when the processing plant in our area closed and the next closest was over 200 miles away-financially impossible to make shipping that far work for long. We ended up selling the cows and equipment and 16 years later are raising crops and grazing our own cattle and sheep. There is a way forward. My heart goes out to this farmer…it is so hard. The cows especially are family too. (Ours went to another dairy.)
Truly heartbreaking. Our farmers are so underappreciated. And I'm sure investors don't care. They'll plow that farm under and make money selling the houses.
I’m not a farmer but I inherited a 3rd generation small business that’s always just broke even. It’s what I’ve done my whole life, didn’t know anything else. After years of just refinancing and borrowing money to get by I finally couldn’t do it anymore. It was either kill myself or let it go and get a regular job. I decided to get a job. My stress level has gone way down but I still deal with the shame everyday. I’ll be praying for this man
Praying for you. Not sure where you are located, but regenerative farming and pasture raised beef is on the rise. Praying you can keep your property and transition to a profitable and enjoyable career. We need our farmers...God bless you and yours.
This was my dad a little over 20 years, except it was hogs. Dr John hit this nail on the head. Adam needs to remember he's a husband and father first, child of God, farmer third. My dad made the hard choice to sell the hogs and equipment, and got a job in town. Due to his selfless decision, I've now taken over and I'm the one mostly running the tractor and raising the beef cows. Dad comes home to farm when he wants to and spends more time with my mom. It's an amazing part time job for me that i thank God i get to have. I hope Adam sees this as an opportunity to do something better for him and his family. This can be a chance to raise his standard of living, if he makes the right decisions, just like my dad did. And lastly, i hope he can see that he didn't fail, the market did.
How is he going to help him? Give him a portion of his 200 million plus net worth? If so, yes, since he preaches giving, he could easily help. Otherwise, he could not help this man more than Jade and John could.
They are doing this to our farmers in this country. We are losing our lifeblood. This man was just trying so hard to make it work. This is a travesty. They make the game so the farmers lose. We all lose. Like he said, they want the dirt!😢😢
Start raising cattle. That can turn cash quickly compared to most crops. Stop focusing on the shame and start focusing on fixing the problem. Think of the positive you're doing and not the negative you have done. Move forward and not backwards.
I think the caller’s dad didn’t leave him a viable business. He may have clung on by living on a shoestring but he didn’t resolve the farm’s business problems, possibly this is not possible. The son shouldn’t feel so much shame as he inherited the problem as much as caused it and should feel free to do what is best for the future.
He even said his dad's books were in shambles. By taking out loans, he thought he could "fix" it. The family legacy may have been unfixable when he inherited it. I like it when John said his daughters are going to watch their father grow a foot or so taller or crumble under the weight of his own doing. I hope for his family's sake he can find a way to keep the land and if he desires restart his families legacy.
@@jwlsngold5026so true. And the really sad thing is his plan was working for the first few years but then the economy changed and he earned less and less for the milk he sold and couldn't afford the loan payments anymore.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Tracy Britt Cool Consulting was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Tracy.
John did a great job with this. It is a huge emotional change for this farmer. I would sell everything and lease out the land to a local farmer for crops. Farming is a tough business. Long hours and low prices. He did the best he could.
I recently watched a film called "Food and Country" about this. It is heartbreaking that we are losing family farms, and what this does to our food security is difficult to think about. My prayers to this farmer and others in a similar situation globally.
I'm in NY but my family is from the Caribbean who had knew of having personal crops. It's so sad what's going on with farmers here in America. They feed us. How can we as recipients of their great harvest, help them. I can't stand this. We will be left reliant on corporate farms.
You can become an ally of farmers by learning about modern ag. Don't listen to buzz words, and understand the actual science involved in modern agriculture.
Sell everything but the land! Cows die and equipment breaks down. The land is the real asset for sure. I’m sorry for him but this is going to be ok if he does that. There’s no shame in this man, you’ll save everything and rebuild if you take this route.
John handled it well, sell what equipment you can, hold onto the land, and keep the wolves (banks) from your door. It will give you time to re-think and re-group, and it sounds like you did it before when you took over from your father, so you can do it again. It's not 'you', it is these times, so many farmers facing the same thing. Best of luck.
This is terrible! As a dairy farm kid, I totally feel his pain. My parents were gone and my brother and sister couldn't continue with math that didn't work. The saddest day for them was when those girls ( that's what my mom called the cows all those years) were loaded in cattle trailers and went down the road and out of sight. 😢 they were able to hang onto the land and pivoted to other sources of income. No one knows the struggles of the family farm. And big corporations are all too eager to swoop in and steal it from you if you aren't savvy.
This is So Much more common than people know. Farmers are hurting so badly now. My heart truly hurts for him and the thousands and thousands of others in exact same situation.
As a grain farmer, all the dairy farmers in my area gave up. They should have gave up 20 years ago but they are the hardest working and most stubborn people I've ever met. Everyone in the agricultural community tells em to sell the damn cows. Yet they hang in there. A lot in my county have thrown in the towel in the last 10 years slowly. There is simply no money in cows caused by the mega dairies driving the price down. People don't realize the reality of the American dairy farmer rn. They truly are dying and yet somehow the cost of dairy products don't go down for the consumer. It's a shame what's happening honestly.
There’s a big difference between working hard at your business vs working hard on your business. Maybe he’s a great farmer, but not a great farm manager/operator. Or maybe he has the knowledge of a farmer, but can’t physically do the labor anymore. It’s possible he needs to hire someone with business knowledge to help decide what to sell and what to restructure. I don’t know what their Entreleadership program does, but maybe that’s a step in the right direction. I’d love Dave’s take on this call.
Suggestion, we need more farmers, start a go fund me page, a go fund me page i could definitely get behind. call back and have the Ramsey show get your go fund me on people's radar. $10 from 150k people gets you an out and a safety net
I know how it feels to lose everything. I was ashamed. I prayed, and I changed my situation. Today I have more and then I had before. But talk to someone that you trust and have your back . GOD BLESS YOU
Due to mental health issues I had no options but to quit my career as a licensed physical therapist assistant. After seven years anxiety subsided and panic attacks ended...thankful for tools given through counseling and effective medication. Sometimes a crossroad is the biggest challenge. However with care of mind, body, heart and soul vulnerability and shame are overcome.
I milked cows for 8 years and I’m a grain farmer. Milking cows is the hardest type of farm to maintain profitability. Everything has become mega dairy farms and even the large dairy farms are failing.
My grandpa was a farmer with old tractors, he only bought a new cab John Deere when he was like 78. Now my uncle on my other side cycles through new trucks and tractors regularly. I was renting my grandma’s house and he wanted to sell it because he needed money, so I had to buy it or move. There’s definitely a way of farming that works and a way that is just treading water. I wish you the best sir
So once he looked at the numbers and saw that they were not working... then his family (dad or relatives) ran the farm into the ground. Was he not by his dad's side this whole time? Did he not see the farm continuing to hemmorage money? Just asking
One of the most heartbreaking calls I’ve ever heard on this show. A good, hardworking man, husband and father. I pray he takes John and Jade’s advice. They’re right. The legacy he leaves his girls doesn’t have to be one bad choice. It can be the way he pivots from one bad choice and moves forward. May God bless Adam and his family.
Y’all who think running cattle is easy, it is not. Dairy farmers/ cows are different. I do agree with several here who recommend boutique milking. Keep 10 cows. Sell most of the big equipment and the rest of the cows ( that is not easy) and, hopefully pay the debt. Then start again. Rent out the crop land- maybe some bartering. Rent equipment when needed. You haven’t lost the farm! Your great grandparents started with nothing. You are starting with land! I’ve seen that over and over in my community( and I pay the $10 a gallon for milk). I’m not a farmer, but live with and near them. If it is your passion- there is no shame in starting over.
All this that this family is going through and the cooperation farm 2 miles from me gets so many government subsidies that the owner is building a $5 million house. The system HAS to change.
The land is worth 3 times more than 1.2 million. 6500 per acre in that part of Wisconsin. Not as good as down in my area of Iowa at 13,000 per but still worth nearly 4 million. Plus the cows 1800 per cow, the equipment. I hate telling a 4th generation farmer to sell but after that many generations are his kids going to farm? If not better to sell what you have too and keep going without debt. It’s harder but no one knocks on the door asking for 16000 per month.
Yeah. If he sold just the land to cover his debt he’d have 360-400 acres left. He could have 300 head on that. About a acre per head for grazing. You could have more if they grow hay which as a dairy farmer I’m sure they do. But beef prices for ranchers aren’t much better. We’re row crop and prices for everything we need are ridiculously high. I’m thankful the men before me paid cash for our land and equipment. I do the same.
THERE IS THEREFORE NOW NO CONDEMNATION TO THEM THAT ARE IN CHRIST JESUS, THEM THAT WALK AFTER THE SPIRIT AND NOT AFTER THE FLESH. Make wise choices. Keep your land. No one can condemn you!!!! Keep strong, Sir. We respect youuuuuu . Hats off to you for all you’ve done
Not sure if this is feasible in this situation but to throw an idea out, how about growing just the crops to produce a plant based milk. That sector is definitely growing and as we all know the mammal milk sector is slowly dying out and will be gone one day.
If there’s any reason I stay away from debt, it’s cos of calls like this. The bank will GLADLY give you a loan and when they have opportunity to take your property, THEY WILL!!!
Easy to say for me as a non farmer, but there's no shame in cutting your losses. He put up a great fight but sometimes you need to turn off the path you are on to come out as a winner. Save the house and some of the land. The two panelists today are great and very sympathetic and gave the caller space to consider the feedback on what he does next. Sending our love and support to you and your family
This isn’t just about losing the farm. This is about losing the generations of what a “man” is for this family. This is what they do. This is who they are. This is painful. My heart and prayers go out to you.
Maybe he can transition to a woman
I bcc get
Get a grip. It is over. Everything ends.
He'd be more the "man" to his family with the land than without.
If there was any caller deserving of a gofundme, it's this gentleman. My absolute best to you, Sir.
Can they sell any land for residential homes or commercial.
@@JeffHynesgood suggestion.
@@JeffHynes I was thinking about that also. With all that land, he would still have plenty of it even he sold a good 100 acres.
I felt this too. Of all the callers, I wanted to help him!
Yes! I think a lot of people would support this farm.
This DEFINITELY needs a follow-up call.
Oh yeh!!
With Dave.
@@diceportz7107 Yes! Definitely NOT with John and his silly "feeling" remarks.
@@jeffreywhitaker5154 The guy who's saved people from suicide and domestic abuse is somehow "silly." Ok dude.... He's an expert on mental health. He understand what this can do to a man.
@@antonioiniguez1615 yea DUDE, that's my opinion and I stand by it. You don't know if he saved any lives or not. You defending him like he's your Daddy or somethin.
It took a lot for him to make this call. I respect him 100%.
John, I know you don't read the comments, but John was perfect on this call. I hope that he does whatever he needs to in order to keep that land.
He may feel shame but he has to keep that land kn the family.
I'm sitting crying for this man. I live in a dairy Ag area and I can tell you first hand how freaking hard working and God loving these folks are. Golly my heart breaks for him.
Me too. I'm surrounded by small farms in the middle of Pennsylvania. Many of the farmers are Amish or Mennonite. They can get by because they pool resources, but the other small farms are losing out to developers. We are in a sweet spot location wise so developers are ravenous to buy up everything and turn it into a warehouse. Thank God for the Plain Community(Amish, ect) or you'd never see any farming around here.
I cried, too.
This is why John is my favorite hosts. He could've gone full yelling to hustle his butt off and try his best to get it done, but he went the emotional approach and got this guy to a place of comfort
And instead of forcing him off the phone call at a commercial break he was patient and kept him on the phone. Sometimes I can’t listen to the show because of how abrupt they are with the callers, I know sometimes they have to be but it’s also okay to let the commercial break roll and return with the same caller.
As a farmers daughter...this is breaking my heart. GOD LOVE OUR FAMILY FARMERS!
This is a man's life. I hope he downsizes and sells his equipment so he can keep his earth and to slowly build back in a smart way. Too many farmers in his situation have taken their lives. I don't wish anyone to feel that. He's in a terrible situation not of his doing. I feel for him. I wish I was rich. I'd bail him out in heart beat.
Me too. There is alway Give, Send, Go...; farm sharing, leasing...
Start a go fund me page for him.
How do we know you wouldn't just be like those investors, come to take his land (if you were rich)?
Adam, praying for you and your family. It took bravery to make this call.
In my opinion, Jade and Deloney were at their best: empathetic, pragmatic, and helpful. Chef's kiss!
Hear hear!
America in one phone call.
I’m pretty sure that small family farmers are poor in like every country on earth
There are zero countries on the planet where farmers are wealthy. It's a shit job for a reason.
Been like that for a long time, remember Farm Aid??
@@TonyCox1351 There's poor and then there's running negative income no matter how hard you work.
@@Amberion Work smarter, not harder.
This is heartbreaking. My heart goes out to you, Adam. Thanks for providing so many people with good milk and thank you so much for your hard, hard work.
Dear God please be with this dear man/farmer and his family. Everything is stacked against him.😢
I had to close the family business 25 years after my father... Was really emotional for me and my family but 15 years later I don't regret it
The stress that I carry trying to hang on to it is now gone
Adam, I will be praying for a miracle for you and your family and that God will turnaround your situation.
why would "god" fuck him over in the first place?
In Jesus name
Amen. 🙏
🙏 Amen
There are no miracles this is real life!! He will sell or have the banks bury him alive! No other choices
This was a hard one to hear. That man is carrying a family legacy on his shoulders. But it's even more than that -- all those small farms we are losing is a disaster for our nation. For his family and for our nation, I pray he gets that win.
Oh this one really broke me. I really hope and pray he figures something out to at least keep the family land.
Oh dear man, there’s no shame in all this. I think you are a mighty man facing it, talking about your situation. Take their advice and start over with your land.❤
I grew up on a 500 acre farm in NW Ohio raising hogs n growing corn n soybeans. Still own the land and has been paid off for yrs. My dad and older brother never wanted to get big in it because we've seen some local farmers go belly up and declare bankruptcy. Back when I was a kid, my dad bought a few 40 or 60 acre plots and had them paid off in 10 or 12 yrs or so. Today land around us is selling for $17,000+ an acre and will take a lifetime to own it. Many of our local farmers are drowning in $millions of debt not only from inflated land values but plummeting grain prices as well. If this continues there will be blood on the plow for sure. I hope this WI farmer can climb out of this hole. God bless
Somebody at Ramsey Solutions please forward this to Dave. Not because John and Jada are wrong, but because he has more experience and may have a different idea.
Agreed
I guess you must know.
there's no other option.
I feel like Dave would be unhelpful in the situation. Dave would probably tell this guy just to sell the farm and be done with it.
I feel like the tough questions weren’t asked. Why did he not pay a chunk of the debt when the business was doing wonderfully? Why did he go into debt in the first place? To pay his dad more than the business is worth?
Only Dave asks the right questions
When he said “this is not what I do. It’s who I am.” I got choked up. So sorry.
My heart breaks for this man. Though I am not a farmer, I grew up hearing stories from my grandparents talking about farming and how it was not just someone's livelihood, but their life. But only as an adult do I realize you can make it so much about your life that you turn it into an idol and say, "I can take out a loan that'll pay for itself..." I appreciate the *love* John gave this man, but I also appreciate the *truth* he gave him as well. I really hope he does the right thing. Keep the land, start anew, honor your family.
Dave is needed on this call 💯
Absolutely!
Exactly
Nope, dr John hit this on the head.
Nah..they couldn’t have given him better counsel than Dave. It’s the same principle
Wrong!!
I'm sorry, but if you had to take out a $500k loan the second you inherited a business, it's not a business... it's a death sentence.
He did say that once he looked that numbers, it wasn't working. Hey, he did what he thought was best to keep the business going but luckily he has an out, not everyone does. He can sell a lot of stuff so he can keep the land, which is the most important issue here.
he said he "took over", not inherited. to me, he implied he bought the assets (land equip) from his dad with the note, in an attempt to change it from the way he said "wasn't working"
He made a bet he could make it work - and with some 4th generation emotion, probably a little longer / deeper hope than other entrepreneurs would take;
based on info in this call, yeah - better to walk-away with most/all the land, than let arrogance fear drive losing all of it.
@@indianatime So it wasn't working the way his dad was doing it, so he shouldn't feel like it failed with him. He just tried to make it work, but I hope he will sell the livestock and equipment and keep that land.
He could have faced reality at that point, but he didn't. Now he's being forced to face it, with a lot more pain.
As a grain farmer of 2100 acres. We pull $1.6 million loans every year for up front input costs which we pay interest on all year long. It's a common thing in agriculture. Some people try to cash flow it but in reality only the smaller couple hundred acres farmers can do it with 40 year old equipment. The government subsidizes crop insurance because if we have 1 bad year. We are done. For example let's say I have my land and equipment all paid off (which we don't) Id still have to find $160k to buy seed to just start the year. That's not fuel, parts, labor, fertilizer etc. Its nuts
Happy John answered the call. I really feel for this man.
Farmers in America are truly suffering -- either from cost of feed, equipment to milk the cows.
Even if you farm corn barley or grain. It is extremely expensive to water, equipment, and lack of water and climate change doesn't help.
If the Corporations keep buying the land--and it even includes foreign corporations, we in America will not be able to buy food---the corporations care about profit not regular Americans.
but getting into debt, like almost every single one of the callers, is the problem here. If he'd saved years ago, he would have bought equipment without going into debt and would still be ok.
Very few countries where foreigners can buy land. I am a permanent resident of Mexico and still there are many restrictions in buying properties. Land near the border or on the beach must be put in a Mexican's trust, there will be no ownership for non citizens.
@@commonenglishmistakes4360 , farming has been so cyclical for generations with steep highs and lows.
@@Luke2128 but what hasn't changed in the history of civilization is that debt is always more expensive than saving up and buying when you have the money and that's what his biggest problem is here like almost every caller to the Ramsey show.
If Americans can’t buy food, then how would the corporations who bought all these farms make money?
John and Jade are so good together. Glad John has some farming knowledge for this caller. His advice was spot on. I pray this man is able to hold onto his land. 🙏
This is heartbreaking. I’m so sorry Adam. Saying prayers for you and your family.
My husband and I were dairy farmers for 12 years with 2 small kids when the processing plant in our area closed and the next closest was over 200 miles away-financially impossible to make shipping that far work for long. We ended up selling the cows and equipment and 16 years later are raising crops and grazing our own cattle and sheep. There is a way forward. My heart goes out to this farmer…it is so hard. The cows especially are family too. (Ours went to another dairy.)
Truly heartbreaking. Our farmers are so underappreciated. And I'm sure investors don't care. They'll plow that farm under and make money selling the houses.
our farmers are welfare queens. Billions in government subsidies
Please have someone look at his numbers and help this man hold on to his land. He is the salt of the earth.
I’m not a farmer but I inherited a 3rd generation small business that’s always just broke even. It’s what I’ve done my whole life, didn’t know anything else. After years of just refinancing and borrowing money to get by I finally couldn’t do it anymore. It was either kill myself or let it go and get a regular job. I decided to get a job. My stress level has gone way down but I still deal with the shame everyday. I’ll be praying for this man
Praying for you. Not sure where you are located, but regenerative farming and pasture raised beef is on the rise. Praying you can keep your property and transition to a profitable and enjoyable career. We need our farmers...God bless you and yours.
This was my dad a little over 20 years, except it was hogs. Dr John hit this nail on the head. Adam needs to remember he's a husband and father first, child of God, farmer third. My dad made the hard choice to sell the hogs and equipment, and got a job in town. Due to his selfless decision, I've now taken over and I'm the one mostly running the tractor and raising the beef cows. Dad comes home to farm when he wants to and spends more time with my mom. It's an amazing part time job for me that i thank God i get to have. I hope Adam sees this as an opportunity to do something better for him and his family. This can be a chance to raise his standard of living, if he makes the right decisions, just like my dad did. And lastly, i hope he can see that he didn't fail, the market did.
Don’t be ashamed be proud of the change to save your legacy
Diversify change it up for the future good luck
I agree. Dave needs to help this man ASAP. We’re all pulling for you Bud. Heavenly Father, show this man the direction he needs, In Jesus name.
How is he going to help him? Give him a portion of his 200 million plus net worth? If so, yes, since he preaches giving, he could easily help. Otherwise, he could not help this man more than Jade and John could.
@@Observer100-cn7gv with all due respect, you’ve missed the point. I didn’t say for Dave to help this man financially.
If they start a go fund me I will donate and I NEVER do that...
I will as well.
sucker
I will, too.
It's a good thought, but they aren't going to raise $16k every month in perpetuity.
So would I.
I'm rooting for him to keep the land. Best of luck to him🙏🙏
FOLLOW UP CALL PLEASE! Fellow farmer from KY listening. Goodluck brother and May God Bless you and your family
They are doing this to our farmers in this country. We are losing our lifeblood. This man was just trying so hard to make it work. This is a travesty. They make the game so the farmers lose. We all lose. Like he said, they want the dirt!😢😢
Hard to believe 500 acres of farm land is only worth $1.2M.
This is so sad...4th generation farmer..this is breaking 💔 my heart!
Start raising cattle. That can turn cash quickly compared to most crops.
Stop focusing on the shame and start focusing on fixing the problem. Think of the positive you're doing and not the negative you have done. Move forward and not backwards.
I think the caller’s dad didn’t leave him a viable business. He may have clung on by living on a shoestring but he didn’t resolve the farm’s business problems, possibly this is not possible. The son shouldn’t feel so much shame as he inherited the problem as much as caused it and should feel free to do what is best for the future.
You think?
He even said his dad's books were in shambles. By taking out loans, he thought he could "fix" it.
The family legacy may have been unfixable when he inherited it.
I like it when John said his daughters are going to watch their father grow a foot or so taller or crumble under the weight of his own doing.
I hope for his family's sake he can find a way to keep the land and if he desires restart his families legacy.
@@jwlsngold5026so true. And the really sad thing is his plan was working for the first few years but then the economy changed and he earned less and less for the milk he sold and couldn't afford the loan payments anymore.
This should be an outrage for all of America
John was the best one to have on this call he’s consistently amazing
Well, he's consistent anyway.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Tracy Britt Cool Consulting was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Tracy.
She is really a good investment advisor. Was privileged to attend some of her seminars.that's how I started my own crypto investment
John did a great job with this. It is a huge emotional change for this farmer. I would sell everything and lease out the land to a local farmer for crops.
Farming is a tough business. Long hours and low prices. He did the best he could.
This man will be in my prayer tonigh. I feel so sorry for him. All my respect for farmers.❤
I recently watched a film called "Food and Country" about this. It is heartbreaking that we are losing family farms, and what this does to our food security is difficult to think about. My prayers to this farmer and others in a similar situation globally.
I'm in NY but my family is from the Caribbean who had knew of having personal crops. It's so sad what's going on with farmers here in America. They feed us. How can we as recipients of their great harvest, help them. I can't stand this. We will be left reliant on corporate farms.
You can pay off his debt.
@og6433 If I had the means, I would.
You can become an ally of farmers by learning about modern ag. Don't listen to buzz words, and understand the actual science involved in modern agriculture.
Sell everything but the land! Cows die and equipment breaks down. The land is the real asset for sure.
I’m sorry for him but this is going to be ok if he does that.
There’s no shame in this man, you’ll save everything and rebuild if you take this route.
John handled it well, sell what equipment you can, hold onto the land, and keep the wolves (banks) from your door. It will give you time to re-think and re-group, and it sounds like you did it before when you took over from your father, so you can do it again. It's not 'you', it is these times, so many farmers facing the same thing. Best of luck.
That silence at 4:33 was SO loud
He needed to take a breath.
No shame, no shame. Let go of that. God has a plan. Don’t give up
I know he shouldn't have taken the debt and all, but it makes me absolutely sick some New York City investment firm is going to get this land...
This is terrible! As a dairy farm kid, I totally feel his pain. My parents were gone and my brother and sister couldn't continue with math that didn't work. The saddest day for them was when those girls ( that's what my mom called the cows all those years) were loaded in cattle trailers and went down the road and out of sight. 😢 they were able to hang onto the land and pivoted to other sources of income. No one knows the struggles of the family farm. And big corporations are all too eager to swoop in and steal it from you if you aren't savvy.
This is So Much more common than people know. Farmers are hurting so badly now. My heart truly hurts for him and the thousands and thousands of others in exact same situation.
As a grain farmer, all the dairy farmers in my area gave up. They should have gave up 20 years ago but they are the hardest working and most stubborn people I've ever met. Everyone in the agricultural community tells em to sell the damn cows. Yet they hang in there. A lot in my county have thrown in the towel in the last 10 years slowly. There is simply no money in cows caused by the mega dairies driving the price down. People don't realize the reality of the American dairy farmer rn. They truly are dying and yet somehow the cost of dairy products don't go down for the consumer. It's a shame what's happening honestly.
Do a go fund me dude. I’ll contribute. Sell what you can. Keep the land.
Heartbreaking, just heartbreaking. Praying for this family ❤
I hate hearing about farmers losing their business. It is so, so heartbreaking. America is failing these farmers 😢
There’s a big difference between working hard at your business vs working hard on your business. Maybe he’s a great farmer, but not a great farm manager/operator. Or maybe he has the knowledge of a farmer, but can’t physically do the labor anymore. It’s possible he needs to hire someone with business knowledge to help decide what to sell and what to restructure. I don’t know what their Entreleadership program does, but maybe that’s a step in the right direction. I’d love Dave’s take on this call.
That was heartbreaking. Not often I feel truly sorry for a caller.
Suggestion, we need more farmers, start a go fund me page, a go fund me page i could definitely get behind.
call back and have the Ramsey show get your go fund me on people's radar. $10 from 150k people gets you an out and a safety net
I know how it feels to lose everything. I was ashamed. I prayed, and I changed my situation. Today I have more and then I had before. But talk to someone that you trust and have your back . GOD BLESS YOU
John took this one personal and it showed from the start.
To the caller GRAB EM BY THE HORNS!
Man what a sad call and a sad situation, my heart goes out to him and his family
Due to mental health issues I had no options but to quit my career as a licensed physical therapist assistant. After seven years anxiety subsided and panic attacks ended...thankful for tools given through counseling and effective medication. Sometimes a crossroad is the biggest challenge. However with care of mind, body, heart and soul vulnerability and shame are overcome.
Thank you for sharing this ❤
I've never seen these guys so quiet.... this was a hard one to listen to. I'm so sorry, Adam.
I milked cows for 8 years and I’m a grain farmer. Milking cows is the hardest type of farm to maintain profitability. Everything has become mega dairy farms and even the large dairy farms are failing.
My grandpa was a farmer with old tractors, he only bought a new cab John Deere when he was like 78. Now my uncle on my other side cycles through new trucks and tractors regularly. I was renting my grandma’s house and he wanted to sell it because he needed money, so I had to buy it or move. There’s definitely a way of farming that works and a way that is just treading water. I wish you the best sir
Man I feel for this guy, I hope it works out for him.
Man.... my single mother lost her home in a foreclosure i cwnt imagine how itd feel losing a multi generational farm
As a Wisconsinite, this one hurt me 😢
Sell it all, cover most or all of the debt and keep the place.
It's a no brainer, there's no shame.
I can't "breath" either.
Breathe
@@theTerriberg Bless you.
@@jshepard152 ?
@@theTerriberg It needed doing and you did it.
@@jshepard152 ah right 😂
No shame in having to do what is best for your family, some things are out of your control and it is not your fault.
Wow. Prayers from Texas. You really never know what people are going through
So once he looked at the numbers and saw that they were not working... then his family (dad or relatives) ran the farm into the ground. Was he not by his dad's side this whole time? Did he not see the farm continuing to hemmorage money?
Just asking
One of the most heartbreaking calls I’ve ever heard on this show. A good, hardworking man, husband and father. I pray he takes John and Jade’s advice. They’re right. The legacy he leaves his girls doesn’t have to be one bad choice. It can be the way he pivots from one bad choice and moves forward. May God bless Adam and his family.
Who else wishes Dave took this call ?
Y’all who think running cattle is easy, it is not. Dairy farmers/ cows are different.
I do agree with several here who recommend boutique milking. Keep 10 cows. Sell most of the big equipment and the rest of the cows ( that is not easy) and, hopefully pay the debt. Then start again. Rent out the crop land- maybe some bartering. Rent equipment when needed. You haven’t lost the farm! Your great grandparents started with nothing. You are starting with land! I’ve seen that over and over in my community( and I pay the $10 a gallon for milk).
I’m not a farmer, but live with and near them. If it is your passion- there is no shame in starting over.
All this that this family is going through and the cooperation farm 2 miles from me gets so many government subsidies that the owner is building a $5 million house. The system HAS to change.
“How my dad ran it wasn’t working”
*was successful for 130 years the way dad did it*
This call absolutely breaks my heart
Praying that God is in his favour and makes a way 🙏
What a sad call, I hope it works out for him. 🙏🏽🙏🏽🙏🏽
The land is worth 3 times more than 1.2 million. 6500 per acre in that part of Wisconsin. Not as good as down in my area of Iowa at 13,000 per but still worth nearly 4 million. Plus the cows 1800 per cow, the equipment. I hate telling a 4th generation farmer to sell but after that many generations are his kids going to farm? If not better to sell what you have too and keep going without debt. It’s harder but no one knocks on the door asking for 16000 per month.
Start selling and raising the cattle. That much acreage and he can have a pretty good herd.
Yeah. If he sold just the land to cover his debt he’d have 360-400 acres left. He could have 300 head on that. About a acre per head for grazing. You could have more if they grow hay which as a dairy farmer I’m sure they do. But beef prices for ranchers aren’t much better. We’re row crop and prices for everything we need are ridiculously high. I’m thankful the men before me paid cash for our land and equipment. I do the same.
sell as much land as you can to cover and take a break, pay off all debt.
THERE IS THEREFORE NOW NO CONDEMNATION TO THEM THAT ARE IN CHRIST JESUS, THEM THAT WALK AFTER THE SPIRIT AND NOT AFTER THE FLESH.
Make wise choices. Keep your land. No one can condemn you!!!! Keep strong, Sir. We respect youuuuuu . Hats off to you for all you’ve done
This man should not feel shame, this had to be a difficult call to shake he should feel proud. His family will stick by him !!
Years. We saved 2/3 of our land. Farming is a hard business.
Not sure if this is feasible in this situation but to throw an idea out, how about growing just the crops to produce a plant based milk. That sector is definitely growing and as we all know the mammal milk sector is slowly dying out and will be gone one day.
Sell 90 cows, keep 10 and sell Raw Milk. Do anything different because what you’re doing hasn’t been working.
Actually not a bad idea, huge raw milk market rn.
I would definitely do what they say and try and keep the land! 😢
If there’s any reason I stay away from debt, it’s cos of calls like this. The bank will GLADLY give you a loan and when they have opportunity to take your property, THEY WILL!!!
We lost one in Alaska, and it hurt.
Easy to say for me as a non farmer, but there's no shame in cutting your losses. He put up a great fight but sometimes you need to turn off the path you are on to come out as a winner. Save the house and some of the land. The two panelists today are great and very sympathetic and gave the caller space to consider the feedback on what he does next. Sending our love and support to you and your family
Great advice from John.