Cash flow/ cost control

So,it’s looking like upto the end of September ( allowing for anomalies) our cash flow position will be within 1k of last yr despite producing less milk. The position for the rest of the yr looks more uncertain.
Was wondering how others are doing currently and what there budgets are suggesting for the rest of the yr

lazy.
 

sidjon

Member
Location
EXMOOR
We're ahead, because of nearly 20% extra milk and it's worth more than last year , calf sale on par with last year and store cattle were worth more, but only had 30 unlike last year when there was nearly 200, talking to accountants tomorrow, but have chance of more land which will be cash sale.
 

Manney

Member
Livestock Farmer
Location
Penzance
We are have done well this year so far. Milk output up atleast 10% and a higher milk price. Inputs were bought at reasonable prices. Had less machinery repairs and not bought any big bits of kit.
 

frederick

Member
Location
south west
So,it’s looking like upto the end of September ( allowing for anomalies) our cash flow position will be within 1k of last yr despite producing less milk. The position for the rest of the yr looks more uncertain.
Was wondering how others are doing currently and what there budgets are suggesting for the rest of the yr

lazy.
Your going to Cornwall on a nice break away and you start a thread on cashflow.
Your worse than me.
 

pappuller

Member
Livestock Farmer
Location
M6 Hard shoulder
cashflow taken a knock due to a t8 reactor mid july so calf sales well down, milk price needs to maintain or increase through the winter to keep up with costs, adding a fourth ro8ot next spring may or may not 8e the sensi8le course 8ut thats the path we are choosing and it will help cashflow
 
cashflow taken a knock due to a t8 reactor mid july so calf sales well down, milk price needs to maintain or increase through the winter to keep up with costs, adding a fourth ro8ot next spring may or may not 8e the sensi8le course 8ut thats the path we are choosing and it will help cashflow
Use some cash to buy a B button would ya paps
 
Cost control went out the window here with building a new dairy, hopfully getting it back under control now.
Building materials and anything made from concrete has gone mad!
2020 season for autumn calving was good, but 21 season not starting off so well. Hopefully with some more rain we can get some decent grass in front the cows.
Fertiliser for next year all bought on opening price, if I was looking at 400/ton now and cake at 280+ then milk price would need to shift.
Milk volumes are dropping in the EU due to costs of production rocketing.
Will be an interesting winter.
Labour gone up 7% as a nation, so no doubt we will have to follow suit.
All in all, 28p 3 years ago was better than 30p today
 

Bramble

Member
Probably did better at last years average milk price of 24ppl than I am likely to do in the next 6 months on an average price of 28.5ppl. Milk volumes about the same as last year, maybe up a bit. Closed with TB so that has a bit of an effect but not as much as rising costs
 

Martyn

Member
Location
South west
What programs are people using to run budgets on, we moved on Xero a couple of years ago and our business has gone through a lot of change since then. I know it has the option but I havent used it. Most of mine are on old envelopes, across my desk! With a copy of last year milk production verse current production.
 

frederick

Member
Location
south west
What programs are people using to run budgets on, we moved on Xero a couple of years ago and our business has gone through a lot of change since then. I know it has the option but I havent used it. Most of mine are on old envelopes, across my desk! With a copy of last year milk production verse current production.
Xeros budget is not very good it is better to export it into a spreadsheet.
However figured is a secondary link to Xero and is excellent.
 

Update on the Sustainable Farming Incentive pilot

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Update on the Sustainable Farming Incentive pilot

Written by Lisa Applin

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In July, we opened the applications window for farmers to join our Sustainable Farming Incentive pilot.

The Sustainable Farming Incentive is 1 of the 3 new environmental land management schemes. It sits alongside the future Local Nature Recovery and Landscape Recovery schemes.

Through the Sustainable Farming Incentive, farmers will be paid for environmentally sustainable actions – ones that are simple to do and do not require previous agri-environment scheme experience.

We are piloting the scheme to...
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