digger64
Member
Well if your seasonal lets are £70 which doesnt sound much for a good grass growing climate etc , I suggest that say 50% of this would be down to the owner occupier bidder using his own sub to justify /finance it so perhaps you will see my logic even if you dont agree . Regarding the cattle value at the moment I would budget to get £1000 for an average o+ 300kg beast - after expenses etc ,bit low I know but I keep functional cattle to suit my situation thats another debate though . You suggested £800 as a likely figure in that scenario and I responded and certainly didnt disagreeInteresting points.
On income from fat cattle, AHDB recently suggested a decrease of 45% (my figure of £800/head comes from the US, it's about £500/head in BA - Sterling at pre-Brexit levels) so that I would suggest you re-visit your accounts and substitute first one (a FTA with the US) and then the second (FTA with the ROW).
Your income projections are very optimistic, unless you are banking on the UK remaining in the SM and CU. Neither is a definite prospect; in fact, some assessments suggest the opposite right now.
In a high cost UK land district, I suggest beef and lamb is a non-starter. Our seasonal lets are £70/acre.