- Location
- Shropshire
The cows were always fat though
I just called it profit because i wasn't really sure what else to call it to make it clear what it is as such, i suppose that would be income after variable expenses? The second part i dont really understand? by the numbers i put up, it would be £425 per cow per year, which for 100 cows is then £42,500 before fixed costs and buying replacements (I think, getting myself confused now!)
Then for the third part, using my number above, if i bought a cow, for say £1,500 and sold her fat in 4 years time for £600 she would be costing me £150 which means shes earning me £275 a year (£425-£150)? is that right?
The cows where always very fat and it’s was just from one bull we had so could just be him the meat is brilliant though tastiest beef I’ve ever hadAA x dexter is some lovely meat though, surprised at the hard calving bit though. Someone not far away crossed several hundred hfrs, to start a new herd, with stabilisers, they were let down by intended buyer, they didn't sell very well at mkt. but might be better than jersey.
apparently there's an e'bay site, selling empty recycled fag packets (probably getting a recycling grant) to businesses.If you buy a cow for £1500 and sell in 4 years time for £600, she's cost you £900 Right?
Or £225/year (900/4)
Worried that you don't understand what "profit" means. It's sales less all costs. Did you not have to present a business plan for your bank?
Might pay to have a chat with a business (not necessarily farming) adviser. As a new business you should qualify for free advice. Try Cornwall Council or the Employment Service.
Don't worry, judging by TFF, lots of farmers don't understand things like Cash flow forecasts, Budgets, Gross Margin, Nett margin etc.
Oh very true, heard of someone buying cows because they look "pretty"Don't worry, judging by TFF, lots of farmers don't understand things like Cash flow forecasts, Budgets, Gross Margin, Nett margin etc.
said no dairy farmer ever!Lot of money to be made out of pretty cows in the show rings and the like
sorry, that's just my brain being slow, I'm aware 1500 - 600 is 900 not 600 which divided by 4 is 225like you said so only £200 a year earnings i think! I've already had someone do all the above and won't be doing it again in a hurry, they were a bit keen with the figures, wanting to put fetiliser and cake at £200 a tonne and a milk price of 30ppl until i calmed them down and said it needs to be £250 and 28pplIf you buy a cow for £1500 and sell in 4 years time for £600, she's cost you £900 Right?
Or £225/year (900/4)
Worried that you don't understand what "profit" means. It's sales less all costs. Did you not have to present a business plan for your bank?
Might pay to have a chat with a business (not necessarily farming) adviser. As a new business you should qualify for free advice. Try Cornwall Council or the Employment Service.
Don't worry, judging by TFF, lots of farmers don't understand things like Cash flow forecasts, Budgets, Gross Margin, Nett margin etc.
You should have a sensitivity analysis in there as well.sorry, that's just my brain being slow, I'm aware 1500 - 600 is 900 not 600 which divided by 4 is 225like you said so only £200 a year earnings i think! I've already had someone do all the above and won't be doing it again in a hurry, they were a bit keen with the figures, wanting to put fetiliser and cake at £200 a tonne and a milk price of 30ppl until i calmed them down and said it needs to be £250 and 28ppl
I do, but the figures they used meant i would have had a smaller loan than what i wanted as i wanted a bit extra in case of emergancyYou should have a sensitivity analysis in there as well.
If cake moves £10/t or milk price varies by 1ppl how much does it alter profit
Budget is along as good as the day you do it, but you at least have it in your mind.I do, but the figures they used meant i would have had a smaller loan than what i wanted as i wanted a bit extra in case of emergancy
Well it wouldn’t be for me but there is certainly people making a living that waysaid no dairy farmer ever!
Down to the bull as well, they looked good square heifers. Ours get sexed Friesian or Angus. I’d rather only bull cows to black and white but then wouldn’t have enough cows to bull to limmy.Heifers in calf to limmy I’ve visions of two nerve damage one ceaser one down never to get up
My only grumble with him is that they released him but dont have any semen available!Anyway back on topic patriot red from cogent looks good.
My only grumble with him is that they released him but dont have any semen available!
Conventional should be available at the end of the month and then sexed should follow next month but that's at the earliest and assuming no problems, got to admit not sure why theyve released him if hes not availableBit pointless then releasing him. How long before it will be available?
Contract matings alreadyI'm hoping I've managed to get hold of a few of the first straws for some contract matings which will be at the end of the month and then sexed should follow next month but that's at the earliest and assuming no problems, got to admit not sure why theyve released him if hes not available