Bossfarmer
Member
- Location
- between Perth and Inverness
doesnt affect cashflow
Fertiliser price for those that miss it in Arable section
- Thread starter Cowabunga
- Start date
Bossfarmer
Member
- Location
- between Perth and Inverness
i wouldnt want to rent it out, personal choice
ridger
Member
- Location
- Tyrone, Northern Ireland
So if I arrived over you would let me have half your farm for nothing
ridger
Member
- Location
- Tyrone, Northern Ireland
No you would rather buy more lol
Bossfarmer
Member
- Location
- between Perth and Inverness
do you include a rent for your farmhouse in your costings? you could rent it out and live in a tent, do you include rental values for your car and all machinery/sheds you own in your costings? you could lease them all out
ridger
Member
- Location
- Tyrone, Northern Ireland
I'm paying a mortgage on my house, so yes, I'm still paying off one of my sheds, so yes the money has to come from somewhere, I have all my machinery paid for but have parts to buy so yes I'm happy with where I am. I actually borrowed money and built a silage pit the time you were wondering if it was worth it, and have most of that payed off as well, so thankfully round bales are a thing of the past
Yes but, but, but, the new regulations when they are enforced next year will mean that I’m not allowed to spread a thousand tons of my own slurry on my own land. Great logic that!
Cheaper to pay the fine
M-J-G
Member
What maintenance is there on a hay shed? Cleaning out the gutters is about all we do the the shed we used to store hay and straw. Now we're lambing in it, so it's not all to be allocated to the hay and straw.
A stack of haylage or silage in a steading is best insured too, and it has to be taken out of a stack if you're selling it or not.
- Location
- East Sussex
I don't expect they're very cheap to build at the moment...... all costs need to be factored in rather than wh0re ourselves out for nothing like farmers usually do.
M-J-G
Member
Are you allocating shed costs at what they could be rented out for as well as paying them off?
If costing a shed do you it would cost to build the sheds today?
I'm just interested in how people cost things
- Location
- Shropshire
Slacken the baler pressure off lol
M-J-G
Member
I'm all for allocation of costs, hence why we're not bothering with silage this year, but then a shed is there already, does putting hay in it change anything?
The building being used costs the same as leaving it empty, unless you're going to rent the shed out.
I take it some have escaped all the storm damage recently then.......
The other thing to consider is they have a value if rented out/ used for some other purpose.
What other costs do we ignore ? mowing ? baling ?
The other thing to consider is they have a value if rented out/ used for some other purpose.
What other costs do we ignore ? mowing ? baling ?
M-J-G
Member
We usually aim for 4.5TDm/acre on a 1 cut system.
Counting bales is like measuring in buckets, each man's is different.
ridger
Member
- Location
- Tyrone, Northern Ireland
I just allocated it at how much it cost per year to pay it off, the loan is finishing now in June. When I built the shed, I was renting one, the rent per year in that shed was 20% of what my yearly repayment was for my new shed, but the shed I built held 3 times as many cattle so there was a few lean years getting the srock numbers built up to fill it. Sounds complicated lol
Maybe less, no fert, no reeseeding cost, if you don't spend it you don't have to make it back.
- Location
- Ceredigion
I could sell the land I don't put the sale value on the bales , I could grow wheat and make a lot more this year ,do I value the bales on the lost income from the wheat , I know I can make more renting it out but I choose to make bales
M-J-G
Member
The Insurance you mentioned should cover that.
No costs ignored at all, they should be costed at contractors rates (even with your old gear), but I'm not keen of having others around the yard if renting out sheds.
Do you cost every acre at what it could be rented out for for veg or horse livery, and every shed what it could be rented out for?
That is a good point, once that decision is made then rental value doesn't come in to it.
M-J-G
Member
£150 rent over 5 bales of old pp isn't cheap.