Cost of production

Derrick Hughes

Member
Location
Ceredigion
read that wrong, keep going and hope its just a bad year I spose, once your out its not so easy to start again
I went on a farm tour with a well know auctioneer one year, he said see all those farms across the valley they all used to be big livestock producers, they got cleared by Foot and Mouth, not one of them ever went back into livestock, so that's probably the answer,
 

Cowabunga

Member
Location
Ceredigion,Wales
Just had a look and it appears to be 200 + dollars.
The low 20 dollars is labour cost of assembly apparently.
I can't believe it costs $20 just to assemble an iPhone.
R & D plus advertising is probably amongst the highest cost in an iPhone. They produce so many tens of millions of each model annually that it wouldn't surprise me at all if the actual cost of components and assembly was very much nearer $20 than $200 per unit, especially considering that most components are made and assembled in China.

Perhaps food, such as milk, should be produced in 100,000 cow herds in China too?
 
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Henarar

Member
Livestock Farmer
Location
Somerset
I can't believe it costs $20 just to assemble an iPhone.
R & D plus advertising is probably amongst the highest cost in an iPhone. They produce so many tens of millions of each model annually that it wouldn't surprise me at all if the actual cost of components and assembly was very much nearer $20 than $200 per unit, especially considering that most components are made and assembled in China.

Perhaps food, such as milk, should be produced in 100,000 cow herds in China too?
seems China is coming here to produce our electricity
 
I can't believe it costs $20 just to assemble an iPhone.
R & D plus advertising is probably amongst the highest cost in an iPhone. They produce so many tens of millions of each model annually that it wouldn't surprise me at all if the actual cost of components and assembly was very much nearer $20 than $200 per unit, especially considering that most components are made and assembled in China.

Perhaps food, such as milk, should be produced in 100,000 cow herds in China too?

When you mention China, it reminds me of how in recent years, while Europe were all planning to expand in order to export mountains of food to China & India, they were buying up massive swaths of fertile parts of Africa to feed themselves from.
 
So why not including milk would someone carry on producing when their cost of production is higher than their return
read that wrong, keep going and hope its just a bad year I spose, once your out its not so easy to start again
That's the problem when people don't use punctuation, you have to read things 2 or 3 times then hope you take the correct meaning.
 
As for COP, the cost of production in the UK is to an extent irrelevant, it's the cost of importing from around the world that matters more than anything.

With Butchers saying that they cannot turn their noses up at beef from ROI and Pork from Denmark etc. the top producers will still be in trouble.

Buyers don't generally seem to care about where it's from, just the cost.
 
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spin cycle

Member
Location
north norfolk
When you mention China, it reminds me of how in recent years, while Europe were all planning to expand in order to export mountains of food to China & India, they were buying up massive swaths of fertile parts of Africa to feed themselves from.

spot on.....i think the chinese take the philosophy of why buy it when they can afford to buy the means of producing it and TBH i think they're right....meanwhile we are wasting our money on endless red tape and sky tv subscriptions....i honestly believe in a few years time 'coffee shop earnings' will be in the news as an economic factor in our economy....god help us
 
Location
East Mids
We have limited control over our sale price - other than aiming to meet the spec required whether that is carcass quality or milk contract, so of course cost of production is everything and yes it has to include everything. Just because you might pay yourself £10k out of the business does not mean that is a true cost, your time may be worth 3x that - how much would it cost to employ a herdsman/shepherd etc instead? However, all too often people get hung up on 'cutting costs' as in trying to take short cuts, or buying cheaper quality inputs, rather than looking at it the other way which is doing things better - losing less lambs, or getting a marginally higher liveweight gains through better grazing management, or wasting less, making better use of science - eg soil testing to support manure or fert application, or reducing disease. Of course, those are all things that the levy boards give support on, but everyone keeps saying they don't need any help or advice as they know it all already....:whistle:
 

Pasty

Member
Location
Devon
Exactly, Japanese 4x4s, Scandinavian lorries, German tractors to name a few! :ROFLMAO::ROFLMAO::ROFLMAO:

Someone will say that they have no choice as there are no British manufacturers left, but why are they gone? Mainly due to uncompetitive COP.
Or making a crap product which couldn't compete with something that actually worked. Morris Marina or Datsun Sunny? It's wasn't the COP here. It was the fact that the Datsun was a good, reliable car which was well built whereas the Marina was a heap of crap, badly put together by a bunch of militant socialist slackers.
 

Bury the Trash

Member
Mixed Farmer
Or making a crap product which couldn't compete with something that actually worked. Morris Marina or Datsun Sunny? It's wasn't the COP here. It was the fact that the Datsun was a good, reliable car which was well built whereas the Marina was a heap of crap, badly put together by a bunch of militant socialist slackers.
Marina coupe :cool: specially with big bore exhaust black vinyl roof and brown furry covered dashboard:facepalm:
 

Cowabunga

Member
Location
Ceredigion,Wales
When you mention China, it reminds me of how in recent years, while Europe were all planning to expand in order to export mountains of food to China & India, they were buying up massive swaths of fertile parts of Africa to feed themselves from.
Odd that farm advisers and most pundits ignored that. At one time they had just about leased long-term the whole of Madagascar, which isn't exactly a small island.
They've also bought up a fantastic amount of the world's mineral and rare-earth resources.

They have used more cement in the last 15 years than the USA did in the whole 20th C

How do they afford all this?
 

Gilchro

Member
Location
Tayside
Odd that farm advisers and most pundits ignored that. At one time they had just about leased long-term the whole of Madagascar, which isn't exactly a small island.
They've also bought up a fantastic amount of the world's mineral and rare-earth resources.

They have used more cement in the last 15 years than the USA did in the whole 20th C

How do they afford all this?

How do they afford it?

Simple, they take all of our waste, recycle it in to even more tat using questionable labour and environmental practices, ship it back here and we then give them the cash.
Then we chuck that in the recycling three months later and so the cycle continues.
We really are a shower of dumb f*cks
 

SFI - What % were you taking out of production?

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Expanded and improved Sustainable Farming Incentive offer for farmers published

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Expanded Sustainable Farming Incentive offer from July will give the sector a clear path forward and boost farm business resilience.

From: Department for Environment, Food & Rural Affairs and The Rt Hon Sir Mark Spencer MP Published21 May 2024

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Full details of the expanded and improved Sustainable Farming Incentive (SFI) offer available to farmers from July have been published by the...
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