startinghandle
Member
I have been talking to a farmer's son who said he is making no profit from 500 ewes and will be a lot better off renting out his farm
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wonder what his imputs are and what is owed too the banks.
I have been talking to a farmer's son who said he is making no profit from 500 ewes and will be a lot better off renting out his farm
I have been talking to a farmer's son who said he is making no profit from 500 ewes and will be a lot better off renting out his farm
Quite.
I managed to make a good part-time income with a 400 ewe flock, whilst claiming no subsidy and paying rent as a grazier. Sheep haven't tumbled in value since last year as far as I'm aware.....
Is he making no margin from the 500 ewes, or no profit from the farm? Does he have other enterprises, or he is expecting a part time flock to provide a full time wage?
Quite, but you presumably had none of the fixed costs that come with long term land holding, either as a land owner or a tenant? My sheep leave a bit, as an individual enterprise, but most of it gets eaten up doing daft things like rectifying drainage issues, laying water pipes, hedgecutting, etc.
Precisely what needs to happen, to create more opportunities for the next generation. If you can’t make it pay, step-a-side and let someone else have a go.
It's not the next generation in age ----it's the next generation in terms of adaptability and willingness to change
(some of us old buggers can make a living too you know )
Surely the SFP goes some way towards covering that?
If you are renting - surely it is the landlords responsability to maintain his asset? You wouldn't rent a house and fix the boiler yourself, would you?
Even if it is a struggle to pack the scotpen away ?It's not the next generation in age ----it's the next generation in terms of adaptability and willingness to change
(some of us old buggers can make a living too you know )
That rather depends what the SFP is and the level of rent.
If you rent a farm, there aren’t many landlords that I know of that do much maintenance to the farm, or have any responsibility too, other than to the buildings that they normally own. Even then, ‘maintaining’ can be open to interpretation.
You mention renting a house, well yes, my rent includes a house, whereas a grazier’s Doesn’t. My sheep (& other enterprises) have to pay for that, whereas presumably your profit would have to cover a private rent/mortgage?
And yes, I do pay to repair the boiler in my rented house. It’s my boiler, I had to put it in if I didn’t want to use the knackered Rayburn and thick blankets. I’ll also take it with me when I leave, or more likely pass it on to the next tenant if it’s still going.
Where does the op say the farm is owned outright?Well yes, it did.
I just can't imagine both owning a farm outright (as the person in the OP seems to) and having the convenience of having my livestock on the same farm (Diesel was a major overhead of mine) and running 500 sheep, which gives plenty of time to work part time elsewhere and not being able to make it pay.
Also, it sounds like your landlord takes the pee as regards the house? Are you qualified to fit a boiler? If not, they ought to fit one for you, if only because I can really see something like that voiding home insurance policies....
So Now @neilo .. boiller fitting expert ?Well yes, it did.
I just can't imagine both owning a farm outright (as the person in the OP seems to) and having the convenience of having my livestock on the same farm (Diesel was a major overhead of mine) and running 500 sheep, which gives plenty of time to work part time elsewhere and not being able to make it pay.
Also, it sounds like your landlord takes the pee as regards the house? Are you qualified to fit a boiler? If not, they ought to fit one for you, if only because I can really see something like that voiding home insurance policies....
So Now @neilo .. boiller fitting expert ?
well expect hes probably got an appropriate 'suit' to wear i guess ?
Pig improvement co?So have I, but mine says PIC on it....
Depends on the terms of the agreement ( I’m on a full repairing tenancy), and often if you want something done you have to do it yourself . One repair to the farmhouse that they did agree to do at the rent review last September , has only just got done after constant badgering . Our landlords would rather leave properties empty than repair or maintain them up to lettable standards .Surely the SFP goes some way towards covering that?
If you are renting - surely it is the landlords responsability to maintain his asset? You wouldn't rent a house and fix the boiler yourself, would you?
matter of interest....just on the 500 ewes.....how much should he be making?