Agreed! Bit of a goofy question! Anyone who is not making a profit has a very limited lifespan in business. There are no two farmers operating under the exact same conditions or situation.This is a bit of a goofy question. It's like asking do restaurants make money. I'm sure a string of Boston Pizzas make money but the cafe in the small town barely breaks even. We are like any other small business. We need luck, hard work, good management and to top it all off we do it outside in the bloody weather which changes every ten miles.
There`s probably more variables to deal with, in a farming business, than in nearly any other business. That is where good management, hard work, personal sacrifice, frugal living, a determined attitude, resilience and luck come into play. Those farmers who operate with low equity levels need more of the above than the average farmer...and bigger balls.