250,000 heifer

neilo

Member
Mixed Farmer
Location
Montgomeryshire
Many people mock these expensive sales of cattle/ sheep etc but in many cases it is outside money from other businesses that is is being pumped into farming as no ordinary farmer has that kind of money to spend....this can only be a good thing in some ways.

It’s often outside money being pumped in, but not into farming. It is generally pumped into others in a small group, whose herds are built on the same outside funding.

It’s a rich man’s hobby, which is fair enough if that’s what they want to do with their money, but it’s not injected into the farming industry. The whole pyramid scheme works by extracting money from the wannabes, which often does come from farming.
 

andy_tee87

Member
Livestock Farmer
Location
Glamorgan
It’s often outside money being pumped in, but not into farming. It is generally pumped into others in a small group, whose herds are built on the same outside funding.

It’s a rich man’s hobby, which is fair enough if that’s what they want to do with their money, but it’s not injected into the farming industry. The whole pyramid scheme works by extracting money from the wannabes, which often does come from farming.

Sportsman reinvesting some from the Lanark ram lamb sale before the end of the tax year
 

S J H

Member
Location
Bedfordshire
:oops::oops::oops: Shocked, surely the squeaky clean world of limousin breeders wouldn’t risk their reputation on such a scheme!

Fair pay day for the mart to, anyone think they’ll reverse last summers commission hike after all the “live and thriving” that’s been going on over the last 6 months?
I think markets have earnt their money this past year, we’d of been knackered without them.
 

Johngee

Member
Livestock Farmer
Location
Llandysul
I saw an advert on Facebook last night, for semen from her full brother.

I dare say she will have lots of full sibs via ET already.



I expect their recipient dams will cope just fine.
I would imagine that the only bull she’ll calve naturally to is a Wagyu - avoids those unsightly scars when it comes to show time
 

Agrivator

Member
Sportsman reinvesting some from the Lanark ram lamb sale before the end of the tax year

Pedigree breeders, selling and buying vastly overpriced animals, can get into awful difficulties regarding taxation.

Do you save any tax by buying a very expensive animal. It goes down in your closing valuation at the same price.
Unless it dies and you haven;t got it insured - in which case you're quids (or gns) in.
 
Pedigree breeders, selling and buying vastly overpriced animals, can get into awful difficulties regarding taxation.

Do you save any tax by buying a very expensive animal. It goes down in your closing valuation at the same price.
Unless it dies and you haven;t got it insured - in which case you're quids (or gns) in.
You can’t judge the tax implication to the business unless you have knowledge of what else is happening within that business
 
Many people mock these expensive sales of cattle/ sheep etc but in many cases it is outside money from other businesses that is is being pumped into farming as no ordinary farmer has that kind of money to spend....this can only be a good thing in some ways.
I'd tend to disagree to a point, for a start many of the big prices are fake and secondly why would the British public be in favour of farmers when their cows are all worth all those thousands and some of them have hundreds of them.
So we get the reputation of being fat cats because of what are regularly fake sales.
 

LIVE - DEFRA SFI Janet Hughes “ask me anything” 19:00-20:00 20th September (Today)

  • 17,186
  • 128
Hello, I’m Janet Hughes. I’m the Programme Director for the Future Farming and Countryside Programme in Defra – the programme that’s phasing out the Common Agricultural Policy and introducing new schemes and services for farmers.



Today (20 September) between 7pm-8pm, I and some of my colleagues will be answering your questions about our work including the Sustainable Farming Incentive, Farming in Protected Landscapes, and our test and trials.



We’ll try to answer at least 15 of your top voted questions, so please vote on the questions you’d most like me to answer.



You can read more about our Future Farming policy on our blog.



I’ve answered some of your questions previously: you can watch the videos on...
Top