Beef / Lamb & Pig Price Tracker

[midlandslad]

I'm not sure the sh*TS hit the fan with b&b pigs or laying hen sheds.......? All the lads with b&b pigs are very happy with it one even told me last week the nxt batch of pigs they're going to pay him more & the layers seem even better..... They all putting more sheds up & admit the profits r bloody good, one told me it still totally eclipse's beef & sheep

I would doubt that the free range egg job is that rosey at the moment with static egg prices and sky high fees prices

 

[Aspiring Peasants]

I’d agree , at some point real men will have to take over tho or the third world will over take us ,

I think they're well on their way

 

[Hilly]

I think they're well on their way

So do I !

 

[Skintagain]

I’d agree , at some point real men will have to take over tho or the third world will over take us

Amen

 

[jendan]

I hear this quote a fair bit makes me smile, if its true that attitude comes from hamsters on tread wheels getting absolutely no where...........

Ive heard it very often through my life and believe it mostly to be nonsense.Not many farmers are forced to sell up completely by the banks (up till now anyway).Quite a few sell off some assets and "restructure".When a bank does pull the plug and collapse a business completely it is brutal and very unpleasant.Firstly the overdraft will immediately be withdrawn,and the ordinary current account will be closed so all sales proceeds goes straight to the bank.Most banks have special managers to oversee this,and not your friendly relationship manager. There will be strict timescales put in place to repay the debt,in other words forced sales of assets.They will also deliberately make it harder for you to refinance with another high street bank! The saddest thing is separation or divorce usually follows with the farmer and wife/husband.

 

[Greythundercloudys]

I'm in the spring lmb trade this year,

 

[Fat Lamb]

I'm in the spring lmb trade this year,

It could be a flyer, look after it!

 

[Northern territory]

I would doubt that the free range egg job is that rosey at the moment with static egg prices and sky high fees prices

I suspect the egg job will be pretty painful. A lot who got in 10 years ago thought it was going to be great as Europe were about to ban caged hens which didn’t happen .

 

[Plain steer]

Nothing wrong with borrowing, Grandad says there is nothing better at focusing you too work than the bank manager breathing down your neck occasionally.
What I find hard too believe is some of the big outfits that owe £000,000’s don’t even own their farms? What have the bank secured against? Yes I know they can sell stock and kit but Kit can all be on lease and even at the moment stock doesn’t add up that fast?

I know of a very successful buisness man who always said you always need a bit of borrowed money because it keeps you right

 

[Treg]

I know of a very successful buisness man who always said you always need a bit of borrowed money because it keeps you right

Many of the in debt dairy farmers I've spoke to no longer run their own business, the bank does . Send a consultant once a month who tells the farmer what inputs he's allowed to buy & what amount of concentrates he's allowed to feed the cows.
It's farming Jim but not as we know it

 

[Fake it ‘til you make it]

I know of a very successful buisness man who always said you always need a bit of borrowed money because it keeps you right

Certainly gets you out of bed in the morning

 

[J 1177]

Many of the in debt dairy farmers I've spoke to no longer run their own business, the bank does . Send a consultant once a month who tells the farmer what inputs he's allowed to buy & what amount of concentrates he's allowed to feed the cows.
It's farming Jim but not as we know it

Thats horrible

 

[Aspiring Peasants]

Ive heard it very often through my life and believe it mostly to be nonsense.Not many farmers are forced to sell up completely by the banks (up till now anyway).Quite a few sell off some assets and "restructure".When a bank does pull the plug and collapse a business completely it is brutal and very unpleasant.Firstly the overdraft will immediately be withdrawn,and the ordinary current account will be closed so all sales proceeds goes straight to the bank.Most banks have special managers to oversee this,and not your friendly relationship manager. There will be strict timescales put in place to repay the debt,in other words forced sales of assets.They will also deliberately make it harder for you to refinance with another high street bank! The saddest thing is separation or divorce usually follows with the farmer and wife/husband.

Late friend of mine who was into the bank in a big way suffered a brain tumor. He recovered but was out of action for a while. Bank waited until after harvest when the corn was in the shed and foreclosed on him.

They give you an umbrella when it's fine and take it away when it starts raining

 

[Al R]

Many of the in debt dairy farmers I've spoke to no longer run their own business, the bank does . Send a consultant once a month who tells the farmer what inputs he's allowed to buy & what amount of concentrates he's allowed to feed the cows.
It's farming Jim but not as we know it

Similar to around here, bank involved with milk contracts and feed contracts etc..


@jendan it happened to my family, they were paying 18% over base (base 8%) payments were easily met too and they were expanding on it buying more land each year then spuds beef and lamb all had a poor year and boom, whole lot gone, if banks had lent for another 6 months they would’ve made a fortune off the back of the gamble. Subsequently it came to light a few years later that some dirty business had gone on behind the scenes and some serious payouts came as a sorry from the bank but the damage had already been done with 4 complete farms and multiple blocks of land between them all gone.

Since then never borrowed or financed anything, if we don’t have the money we don’t spend it

 

[thorpe]

a and a universityTheyve ruined durham city

growing up in the sixties my local town had enginering, hosiery, lace making, trades of all sorts , oh and a cattle mkt. now its got pubs bars clubs and a university with thousands of students and no heart!

 

[midlandslad]

Plenty of farm business in ‘business support’ with the banks.

 

[J 1177]

Plenty of farm business in ‘business support’ with the banks.

Really?

 

[midlandslad]

More try Han you would believe

 

[Ceri]

Certainly gets you out of bed in the morning

It works the other way round in some cases to

 

[Al R]

It works the other way round in some cases to

Unfortunately I’ve seen that too