Can we all carry on farming?

Bobthebuilder

Member
Mixed Farmer
Location
northumberland
You do realise fertiliser has tripled in price in a year, diesel is up 50% in a year, agrochemical up similar… without getting into machinery repairs or replacements climbing? That’s before the effect of this week’s events.

Margins haven’t increased, only the level of risk taken.
Still lots of shiny kit going out of dealers yards tho🤔
 

Nearly

Member
Location
North of York
I may have to open a field up for camping.
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Always makes me laugh when folk say ha you farmers and in for a shock , you alllllll drive range rovers and shoot all week, sadly for 90% this couldn’t be further from the truth, it’s hard bloody work, love it when young ones say “pha let me farm , I’ll show upon how to get on without subs and make proper money. Honestly always makes my day as I can’t stop laughing 😂
 

Poorbuthappy

Member
Livestock Farmer
Location
Devon
You would be amazed the amount of low income people that need to do a minimum of that to even try to keep their heads above water….. some enjoy working reasonable hours. Some have to
No I wouldn't.
Quite understand many do long hours, and need to to keep afloat. Been there myself for many years.
But £47k a year isn't a low income person doing what they have to.
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
I don’t know if we can carry on.
Not that we don’t want to.
The combine is 40 this year.
The splines on the half shafts have actually worn out. One side sheared them completely last year and we lost drive. Replaced with a part from a scrap yard but only half of the joint so won’t last long.
The engine is blowing as much exhaust gas out the breather as the exhaust when you open her up and despite all efforts with cooling system etc she tends to run hot. Spool valve block is leaking internally so won’t keep drum speed. John Deere want £5000 for a new block so hawking it round the independent hydraulic specialists is only hope.
Forget buying a replacement machine. Secondhand out of our league.
I’d say we are getting near to end of farming it ourselves.
And buying fertiliser for next year??!!!
Normally we buy in June but this year I reckon it will cost us £40k for a 200 acre arable farm if we do it “properly”. £200 an acre on fertiliser?
Not really sustainable on grade 3.
If commodities remain high we could cover the increased costs maybe even make a good profit but it’s suddenly become a very high stakes game where if it goes wrong we’d be looking at a forced sale rather than a dip into our own reserves.
What to do? Crop half, let some? Do another job? Get a contractor in? Let the lot to my cousin? Carry on till the combine finally blows?
 
Because owning land over the last 20 years as earned farmers more than anything else they have done
That’s property ownership in general, the same can be said for anyone who has bought their own hone. Yet it doesn’t put money in the bank to pay the bills, could well be still be paying a mortgage on it.
A good investment no doubt but maybe not as good as the numbers alone suggest, inflation means everything else around has increased in price too.

Back to agriculture
How many tons of fertiliser to buy an acre of land today?
How many 20 years ago

Thinking a bit more on this, we bought this farm nearly 40 years ago, I remover at the time petrol was 75p gallon. A couple of years later I started drinking and lager was 73p a pint.
Today the farm is easily worth 4 times what we paid for it, quite probably 5, but not that different to the inflation in beer and less than the inflation in fuel.
We had the opportunity to buy another house with the farm for 35k but that would have stretched finances too much, today that house is easily worth 10 times what we could have bought it for, indeed another house just over the road, which I’d guess would be worth similar money has just sold, the asking price was a whopping 625k !
Meanwhile current milk price for standard litre here is 32ppl, it would have been approx half that 40 years ago when a decent living could have been made on less than 100 cows.

I’m not convinced farms have been a particularly good investment when looking at it like that, the fact that owning a farm looks better than anything else the farmer has done over the years isn’t so much down to the fact that land has been a good investment but down to the way farm produce prices have fallen comparatively to most other things over the years.
 
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Henery

Member
Livestock Farmer
Location
South shropshire
I keep looking for all that gleaming new shiny metal as I run past Nielo Towers on my way for a ride in mid Wales. All I ever see is rather attractive parkland and pretty sheep.

Do I need to see your other holding...?
Same here, often stand up on the bike on way into Monty just to see what’s going on in the land of milk and honey 😂😂
 

nick...

Member
Arable Farmer
Location
south norfolk
I don’t know if we can carry on.
Not that we don’t want to.
The combine is 40 this year.
The splines on the half shafts have actually worn out. One side sheared them completely last year and we lost drive. Replaced with a part from a scrap yard but only half of the joint so won’t last long.
The engine is blowing as much exhaust gas out the breather as the exhaust when you open her up and despite all efforts with cooling system etc she tends to run hot. Spool valve block is leaking internally so won’t keep drum speed. John Deere want £5000 for a new block so hawking it round the independent hydraulic specialists is only hope.
Forget buying a replacement machine. Secondhand out of our league.
I’d say we are getting near to end of farming it ourselves.
And buying fertiliser for next year??!!!
Normally we buy in June but this year I reckon it will cost us £40k for a 200 acre arable farm if we do it “properly”. £200 an acre on fertiliser?
Not really sustainable on grade 3.
If commodities remain high we could cover the increased costs maybe even make a good profit but it’s suddenly become a very high stakes game where if it goes wrong we’d be looking at a forced sale rather than a dip into our own reserves.
What to do? Crop half, let some? Do another job? Get a contractor in? Let the lot to my cousin? Carry on till the combine finally blows?
I’m sure there is a huge amount in similar situation and on less acres
nick...
 

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