Small farmers and homesteaders: do you ever wonder how to price your products? Here are some tools for determining what your expenses are, how much profit you need to make, and assessing your marketplace.
41 thoughts on “how to price farm products for small farms and homesteads”
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Your channel is always interesting David lowder
Love your channel
I highly respect your wisdom and skill, and appreciate your willingness to share. If I knew you personally, I would likely describe you as a “salt of the earth†person and a tribute to rural America and farming. Thank you for the great content.
I never subscribe cuz someone asks me, I do it because it brings me tremendous value to my life. And sir that is why I am subscribed to your channel
Butcher beef should I price carcus at least burgers in the store ex, $5 burger they pay all processing.
You’re amazing!
My wife and I are laying the groundwork to start raising Dexter cattle, laying hens and a very large vegetable and fruit garden. Since there is very very few actually producing any of it locally and rely on shipping it across the state, any tips for a rookie to the home farm beginner?
You and your lovely Bride Hillary are inspirational. My spouse and I have invested in 160 acres of currently unimproved grained land in Alberta Canada. We look forward to our senior years building a viable farm, thanks to your advice and trials. Keep it up Pete. Oh by the way, your Amazon account is a bit wealthier now.
Thanks for a great video! I’ve allways had a firm goal since i was about 12, im gonna be a farmer no matter what. If i become a large farmer with all the newest tractors, great! If i can only support 5 sheep, than thats what i will do. Im 25 now and have a farm with my wife, we have 14 ewes, and are in the middle of a cattle shed projekt, when we have built it we will start looking for cattle. My partents have som land and we do all the work on the fields exept for baling🙈 greatings from sweden 🤠ðŸ‘ðŸ»
Thank you!
Great information. Thank you!
10:43 I love buying farm fresh meats and eggs, unfortunately my income doesn’t provide for this. About once maybe twice a year I go and buy from the local farm stand and man o man isn’t it good. I buy the supermarket meats because I have too, but when I’m able to go to the farm to get some fresh meats, well I know I’m eating like a king.. Thanks Pete, your Awesome..â¤
Appreciate your input
Megan go to john deer
Pete, shouldn't you also figure into expenses the cost of utilities, labor, medical, taxes, costs for the property and equipment, etc.?
Very good video. Good business sense.
Easy Math! Can be used for all animals. Keeping it simple. Many Thanks.
Love watching you and your thoughts on farming i think your a very intelligent person. Keep it up love watching your videos â¤â¤!!!
Great information! Thank you for sharing.
Worked in restaurants for years and thats about how we did it. My food cost was around 32% to 35% which was really good. I hated taking inventory. I was wonder how you did it but thought it was some what of the same..
Thanks for all the info you share. It’s a big help for someone like me to see where I need to go with my farm.
Price integrity is so important, believe in your product and sell with confidence!
Hello Pete, I am not a Farmer and likely never will be. Your breakdown on the finances of small farming is great and interesting. I enjoy your video's very much, I suppose in he same way I enjoy Historical Biographies. Expect to see comments from me as I support your "retirement" by supporting your Youtube enterprise. I was born not far from you, a little farther upstate, but reside in California (please don't judge me) : ). I am making my way through your past videos and am looking forward to your continuing content.
Really enjoying all your videos, would like to see more butcher videos
What do you feed your boilers
Keep up the good work, amazing content
Thought for Megan. You do not mention the size of farm or what you plan to do with the tractor. That said, I have never regretted buying a tractor or tool that seems a bit too big at the time. In time I seem to "grow into" the additional capacity. I have regretted buying tools that seems "just right" as those do not grow with the operation. I am not suggesting buying a JD 8840, but a bit big doesn't seem to hurt in the long run.
"I just bought a farm but I'm afraid I won't find a tractor small enough." Thank you for all of your videos and your entire channel. Farming has always been a dream of mine and I'm on the verge of buying something slightly bigger than an ant farm and I watch your channel every day! You've been instrumental in helping me accomplish my goals… I can't say thank you enough.
Great advice. Thanks for posting.
I'm just starting out thanks for the info
Hey There, love your videos. Was curious if these concepts in your business videos still apply today or if you have changed or modified them since this video was made. thanks again keep up the great work. love watching all your videos
Pete,
While your videos are aimed at production and sales on a small farm, so much of the pricing and marketing information can easily translate to other small businesses. Thanks so much for the information. The presentation is so well packaged and the videography is well done.
Pete, I’ve been sharing your videos with friends. I like your approach to the far, it is similar to mine.
I can buy a prepared chicken at Costco for less than this farm pays to raise and butcher a chicken. In my opinion, I'm not sure that the extra price is worth the marginally higher quality. I say this as a pretty wealthy guy, and most other wealthy people I know have no problem buying their meat at Costco. I'm very surprised that this guy has regular customers at these prices. I do appreciate how he treats the animals he raises though.
Thank you so much for your insight, I've been struggling to figure out pricing and your video was a great help. Additionally I process wild game in Texas, the only model I can find for that is to slightly beat my competitor. People are real quick to jump ship to save nickels and dimes in that regard…
I find it interesting that the cost of construction is similar " cost of material x 3 = final cost, usually depending on the project.
Properly pricing products. 3x fast!
Great videos. I've only watched a dozen and believe I'm already far better informed. Thank you
Even if you are not selling, growing your own pasture-raised broilers nets you a good price on chicken to feed your family. I can imagine myself growing some out just to fill a chest freezer for myself.
Thank you for taking the time and effort to share your experience.
Love your videos … so informative filled with common sense ….