Trump Sues Hillary and DNC

#77
#77
That's why I referred to dairy. I knew it was more restrictive, but I'm also not an expert in Ag markets and federal regualtions. Ag is an industry I don't consider bailouts or subsidies as socialist. Most of it is market controlled to some degree and forced upon them federally. Most meat farmers can turn good profits if they know what they're doing. My brother-in-law has 6 chicken houses in GA. They've been paid off a few years now and they bank about $90K per batch. 4-5 times a year. They are pretty much in millionaire zone now, and their houses are only about 10 years old. If you already own your land outright, chicken houses can be very lucrative. And if you work a full time job until the houses are paid off, then you are set for life. If you are not a free spender anyway.
Well you’ve done it now. I’m gonna be bugging you for the rest of the day. Congrats.

Tell me more about these chicken houses and what they take to turn $90k per batch 4-5 times a year?
 
#78
#78
Well you’ve done it now. I’m gonna be bugging you for the rest of the day. Congrats.

Tell me more about these chicken houses and what they take to turn $90k per batch 4-5 times a year?

My brother in law already owned the land. He built 6 chicken houses. They do the quick grows. It's like a new batch every 9 weeks or so including their clean up time for next batch. It could be a 12 week cycle. 9 to grow and 3 to prep. They have a contract with Mar-Jac. After each batch, and all deductions are made (mortgages, taxes, retirement, food etc), THey usually net 75-90K per batch. I've seen people go belly up cause they didn't manage the houses and their finances right, and I've seen them become millionaires. The chicken company normally builds the houses and deducts from each batch payment along with the other expenses. If you have the land, and no restrictions and in chicken house country, you just need to secure a contract with a grower and you're on your way to being a chicken farmer. In my brother in laws case, they are probably free and clear by now on the houses. that's when the money rolls. It's usually a 10 year payoff on the houses. Their contract company also awards bonuses for top grower for the year, which is pretty hefty, and they've received that several times. Most hen house farms are 4 house minimum or you won't turn a profit. Layer houses are a different thing. Some companies like coulmbia farms have long growers that may only do 3 to 4 batches a year and grow the larger roasting hens. Where I lived in GA had one or two very substantial layer farms. Huge outfits and buildings. Two story egg houses. There is a caculated loss in the number of chicks they bring you. People that blow it don't spend the time in the houses thats needed to keep dead chickens picked up an monitoring conditions and such. There is an elaborite monitoring system and alwarms tied to his phones. He gets system calls if something goes wrong. They don't live on hte farm. But, they are only a mile down the road so it was allowed. He works two jobs, maybe down to one now and always has. He let the money go back into paying extra and getting a debt free farm set up.

I think the average net profit per house can range from 9-12K range per batch depending on pound yield. Feed is pre-calculated as well, so using more feed than projected pulls the profit down.

It also pays to have your home on the southwest side of the houses to avoid the prevailing winds.
 
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#79
#79
Maybe in east Tennessee, but from southern Tennessee to the west has plenty of large farming operations and nice looking farmland.

Enjoying the discussion on agriculture. However, as misty eyed as we get for the old days, it is simply not economically feasible to farm for a living on a couple of hundred acres and the discussion has left out one major consideration regarding farm subsidies. Every country on the planet does it.

Every nation subsidized cotton production with one notable exception I knew of: Australia. Some examples: China subsidizes all of their raw cotton production and buys US cotton to supply what they cannot produce themselves. India the same. One reason some countries subsidized their cotton production for export was because cotton was a source of hard currency as it trades in US dollars.

Here is one of my favorites: back in the 80s, I was in talks with Zimbabwe to provide computer systems for their cotton industry. They had 13 nice, new Lummus gin plants that had been built in the country paid for...wait for it...wait for it...the US government.

Also, try selling and shipping rice to Japan. At one time in the 80s, we could deliver rice from Arkansas to Japan for a fraction of the cost the Japanese raised it themselves. But, as it was told to me, they went hungry during and after WW2 and and fully intend to be independent with regards to production for their own consumption. All those scenic farms in the French countryside? Subsidized. Hard to compete when everyone else is doing it globally.

New Zealand

VIEWPOINT – Farming without subsidies – a better way. Why New Zealand agriculture is a world leader.
 
#80
#80
My brother in law already owned the land. He built 6 chicken houses. They do the quick grows. It's like a new batch every 9 weeks or so including their clean up time for next batch. It could be a 12 week cycle. 9 to grow and 3 to prep. They have a contract with Mar-Jac. After each batch, and all deductions are made (mortgages, taxes, retirement, food etc), THey usually net 75-90K per batch. I've seen people go belly up cause they didn't manage the houses and their finances right, and I've seen them become millionaires. The chicken company normally builds the houses and deducts from each batch payment along with the other expenses. If you have the land, and no restrictions and in chicken house country, you just need to secure a contract with a grower and you're on your way to being a chicken farmer. In my brother in laws case, they are probably free and clear by now on the houses. that's when the money rolls. It's usually a 10 year payoff on the houses. Their contract company also awards bonuses for top grower for the year, which is pretty hefty, and they've received that several times. Most hen house farms are 4 house minimum or you won't turn a profit. Layer houses are a different thing. Some companies like coulmbia farms have long growers that may only do 3 to 4 batches a year and grow the larger roasting hens. Where I lived in GA had one or two very substantial layer farms. Huge outfits and buildings. Two story egg houses. There is a caculated loss in the number of chicks they bring you. People that blow it don't spend the time in the houses thats needed to keep dead chickens picked up an monitoring conditions and such. There is an elaborite monitoring system and alwarms tied to his phones. He gets system calls if something goes wrong. They don't live on hte farm. But, they are only a mile down the road so it was allowed. He works two jobs, maybe down to one now and always has. He let the money go back into paying extra and getting a debt free farm set up.

I think the average net profit per house can range from 9-12K range per batch depending on pound yield. Feed is pre-calculated as well, so using more feed than projected pulls the profit down.

It also pays to have your home on the southwest side of the houses to avoid the prevailing winds.
How big are these chicken houses? How many chickens per?
 
#81
#81
Maybe in east Tennessee, but from southern Tennessee to the west has plenty of large farming operations and nice looking farmland.

Enjoying the discussion on agriculture. However, as misty eyed as we get for the old days, it is simply not economically feasible to farm for a living on a couple of hundred acres and the discussion has left out one major consideration regarding farm subsidies. Every country on the planet does it.

Every nation subsidized cotton production with one notable exception I knew of: Australia. Some examples: China subsidizes all of their raw cotton production and buys US cotton to supply what they cannot produce themselves. India the same. One reason some countries subsidized their cotton production for export was because cotton was a source of hard currency as it trades in US dollars.

Here is one of my favorites: back in the 80s, I was in talks with Zimbabwe to provide computer systems for their cotton industry. They had 13 nice, new Lummus gin plants that had been built in the country paid for...wait for it...wait for it...the US government.

Also, try selling and shipping rice to Japan. At one time in the 80s, we could deliver rice from Arkansas to Japan for a fraction of the cost the Japanese raised it themselves. But, as it was told to me, they went hungry during and after WW2 and and fully intend to be independent with regards to production for their own consumption. All those scenic farms in the French countryside? Subsidized. Hard to compete when everyone else is doing it globally.

I was in cotton mill management for 17 years before Clinton sent my job over the border. I agree on the pretty farm land accross the southern swing of TN. But, there comes a point when you encounter West TN, and the scenery diminshes. And farming 200 acres is a hobby and passion and part time. I'm sure those farmers are just happy to break even so they can keep doing it. It's a decent supplemental income for many. But, fertilizer and such will hold back the hay fields this year. My neighbor said what corn he does plant may be on it's own this year without fertilizer.
 
#82
#82
How big are these chicken houses? How many chickens per?

typically a house will be 40-50 feet wide and 400-600 feet long. side walls normally 8 feet. I'm wanting to say a batch may start with about 20,000 chicks. Basically, it's one chicken per square foot I think. Not 100% percent sure but maybe close enough. A fully equipped house with everything needed and required will run about $120K-130K per house.


This is a good resource for general info. Not sure where you live, but GA is probably the leader in broiler house production. In north Ga thre's 4 chicken houses for every Dollar General. It's expanding more into central and south GA.

Contract Broiler Production: Questions and Answers | The Poultry Site
 
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#84
#84
I was in cotton mill management for 17 years before Clinton sent my job over the border. I agree on the pretty farm land accross the southern swing of TN. But, there comes a point when you encounter West TN, and the scenery diminshes. And farming 200 acres is a hobby and passion and part time. I'm sure those farmers are just happy to break even so they can keep doing it. It's a decent supplemental income for many. But, fertilizer and such will hold back the hay fields this year. My neighbor said what corn he does plant may be on it's own this year without fertilizer.

Which mill? Spinning mill?
 
#85
#85

That article points out a fundamental problem with government subsidies or actions on the market: whatever component(s) are not controlled, the prices rise to absorb the subsidies. In agriculture, it is typically land prices. Now productivity will also cause it to increase, but subsidies ultimately are absorbed long term into the inputs.

Ever heard of a Mississippi Christmas Tree? :)
 
#86
#86
That article points out a fundamental problem with government subsidies or actions on the market: whatever component(s) are not controlled, the prices rise to absorb the subsidies. In agriculture, it is typically land prices. Now productivity will also cause it to increase, but subsidies ultimately are absorbed long term into the inputs.

Ever heard of a Mississippi Christmas Tree? :)

No, never heard of a MS Christmas Tree.
 
#87
#87
typically a house will be 40-50 feet wide and 400-600 feet long. side walls normally 8 feet. I'm wanting to say a batch may start with about 20,000 chicks. Basically, it's one chicken per square foot I think. Not 100% percent sure but maybe close enough. A fully equipped house with everything needed and required will run about $120K-130K per house.


This is a good resource for general info. Not sure where you live, but GA is probably the leader in broiler house production. In north Ga thre's 4 chicken houses for every Dollar General. It's expanding more into central and south GA.

Contract Broiler Production: Questions and Answers | The Poultry Site
Figured it had to be a big number.

What kind of returns does your brother generate with a paid for chicken house?
 
#88
#88
Figured it had to be a big number.

What kind of returns does your brother generate with a paid for chicken house?

not 100% sure of that number, but folks around town that got into them said if you got into them and handled your money right and had a contract with a good grower, you could be a millionaire within 15 years of beginning. That includes the payoff period. You can build 6 broiler houses fully equipped for $780,000. With interest and all the annual mortgage will be in the 90-100K range on a 10 year payoff. You don't want to go over 10 years. so basically, you're adding back almost 100K a year after payoff. After payoff you should be close to netting 500K on 6 broiler houses.
 
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#89
#89
Which mill? Spinning mill?

I started in Ring Spinning, Opening, Carding... Added Open-End, Weaving, Slashing, etc. We also had a screen printing operation I spent some time in. We had anything from the old Draper Death Looms up to the most advanced double beam towel looms. Also had some indirect cut and sew experience via my ops job in that plant.

I started with the original Dundee Mills in Griffin, GA. Now dba 1888 Group. After Springs Industries bought us out, several that got hte big payouts that had been Dundee for decades acquired Southern Terry and renamed. Springs had no idea about terry fabric for towels and screwed us up royally and started shutting us down.
 
#90
#90
not 100% sure of that number, but folks around town that got into them said if you got into them and handled your money right and had a contract with a good grower, you could be a millionaire within 15 years of beginning. That includes the payoff period. You can build 6 broiler houses fully equipped for $780,000. With interest and all the annual mortgage will be in the 90-100K range on a 10 year payoff. You don't want to go over 10 years. so basically, you're adding back almost 100K a year after payoff. After payoff you should be close to netting 500K on 6 broiler houses.
I’m sure it’s lucrative, especially if you can avoid financing your houses. Was just curious what range the expected returns are in.
 
#91
#91
I’m sure it’s lucrative, especially if you can avoid financing your houses. Was just curious what range the expected returns are in.

It's not a bad life. Unfortunately I know quite a few that blew through everything and were just as poor as they were when they started chicken houses. If your wise you let the company you grow for handle everything and you take net income deposits. Each batch, they will deduct mortgage, pay all accumulated bills...feed, etc., deposit into retirement, and so forth.

My brother in law has a good paying job still. They put a lot of their money up. He was probably set before he even paid off the houses.
 
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#92
#92
It's not a bad life. Unfortunately I know quite a few that blew through everything and were just as poor as they were when they started chicken houses. If your wise you let the company you grow for handle everything and you take net income deposits. Each batch, they will deduct mortgage, pay all accumulated bills...feed, etc., deposit into retirement, and so forth.

My brother in law has a good paying job still. They put a lot of their money up. He was probably set before he even paid off the houses.
Sounds a lot like the setup I have with my property management company. They handle all the day to day and just cut me a check.
 
#93
#93
Sounds a lot like the setup I have with my property management company. They handle all the day to day and just cut me a check.

Well, you don't have to pick up dead chickens twice a day...lol.

If I had enough properties to warrant a managment company, that's the way to go.
 
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#94
#94
I started in Ring Spinning, Opening, Carding... Added Open-End, Weaving, Slashing, etc. We also had a screen printing operation I spent some time in. We had anything from the old Draper Death Looms up to the most advanced double beam towel looms. Also had some indirect cut and sew experience via my ops job in that plant.

I started with the original Dundee Mills in Griffin, GA. Now dba 1888 Group. After Springs Industries bought us out, several that got hte big payouts that had been Dundee for decades acquired Southern Terry and renamed. Springs had no idea about terry fabric for towels and screwed us up royally and started shutting us down.

Oh, we shipped a lot of cotton to Dundee and Springs from the 70s on. My family owned and operated Cordele Compress until I bought it with some Memphis partners and operated as Union Compress Warehouse Cordele. Don't know if you were familiar with the merchant firms, but Dunavant, Weil, Hohenberg, Allenberg, Loeb were among some of my biggest customers. Family owned Morven Gin Company and I worked for Federal Compress out of Memphis for a couple of years in the 80s.
 
#95
#95
Oh, we shipped a lot of cotton to Dundee and Springs from the 70s on. My family owned and operated Cordele Compress until I bought it with some Memphis partners and operated as Union Compress Warehouse Cordele. Don't know if you were familiar with the merchant firms, but Dunavant, Weil, Hohenberg, Allenberg, Loeb were among some of my biggest customers. Family owned Morven Gin Company and I worked for Federal Compress out of Memphis for a couple of years in the 80s.

Did you have anything to do with the cotton warehouse at the old International Harvester plant in Memphis?
 
#96
#96
Oh, we shipped a lot of cotton to Dundee and Springs from the 70s on. My family owned and operated Cordele Compress until I bought it with some Memphis partners and operated as Union Compress Warehouse Cordele. Don't know if you were familiar with the merchant firms, but Dunavant, Weil, Hohenberg, Allenberg, Loeb were among some of my biggest customers. Family owned Morven Gin Company and I worked for Federal Compress out of Memphis for a couple of years in the 80s.
I never had anything really to do with cotton acquisition but I do remember Cordele. If I don't have to leave Cookeville, I'm open for gtting back in the game.
 
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#97
#97
Did you have anything to do with the cotton warehouse at the old International Harvester plant in Memphis?

No. I did not have much to do with the Memphis warehouses at all, just the ones up and down the Delta from Ferriday, LA to Portageville, MO. Did go down to the South Memphis complex occassionally. There was a running joke around the office that if one wanted to be out of pocket for the afternoon, just announce you were headed to South Memphis.
 
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#98
#98
I never had anything really to do with cotton acquisition but I do remember Cordele. If I don't have to leave Cookeville, I'm open for gtting back in the game.
I loved it, but the game has changed so much since the late 90s that it is almost unrecognizable.
 
#99
#99
I loved it, but the game has changed so much since the late 90s that it is almost unrecognizable.
It seems to have rebounded a bit in the Carolinas. I still get a weekly job opening list from a headhunter. He always has a page of really nice jobs in the Carolinas and GA. Been that way almost 2 years or more. Textiles thus far has been my favorite. The typical textile plant worker was hard to beat as well. It definitely was closely knit. Atleast in Dundee. Maybe not so much over at Milliken. They were a bit more brutal. But their cast-offs each year pcked up handsome jobs at other places.
 
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I loved it, but the game has changed so much since the late 90s that it is almost unrecognizable.

The thing I did hate was trying to keep my carding, roving, and spinning up and running during the winter and Upper Mgt denying there was such a thing as green cotton. THat stuff was like glue to a steel roller, and worse to a rubber roller. One time we had two people per side on a spinning frame and couldn't keep it up.
 

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