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<blockquote data-quote="Jon75" data-source="post: 3076776" data-attributes="member: 58382"><p>OK, Going forward I'm going to call my friend Bob, for ease. Bob's figured came out a little under £1 per day. This includes transportation to and from auction house and a contingency fee for vets fees.</p><p></p><p>Before we got into this he always maintained that his talents were with calves. Spotting and fixing issues quickly. Bob's expected loss figure is 3%. The calves we are buying in are three to four weeks old. We are deliberately avoiding any animals younger than this. He has a chap who attends auctions weekly buy for him. A number of farmers in his part of the world use him to source their stock. It took three weeks before the first animals arrived because he felt that animals in previous auctions didn't offer good value for money and we're in no real rush to buy. The first eight have averaged around £203 each so far.</p><p></p><p></p><p></p><p>Thanks</p><p></p><p>We are looking for around 20 to start things off. If in a years time this proves to be viable then we will increase numbers significantly. I even have two more cattle investment ideas I'd like to try if things go well.</p><p></p><p>To everyone else, thanks for the feedback. The idea started after I'd been reading about wagyu cattle and the insane prices for quality wagyu beef. I asked half jokingly, half wondering if there was any potential in it if we should start a wagyu herd? That idea went nowhere and it quickly became apparent that we need to focus on breeds that sell well in the farms area (he's a long way from me here in Derbyshire). So a quick look at local auction houses showed that BB and Lim x were the way to go. To be honest you probably didn't even need to know what a cow was to figure that out.</p><p></p><p>It's got me thinking though. It's important that brits support UK business. It pisses me off greatly when I see the likes of Tesco selling New Zealand lamb and even venison from half way round the world. Bank retail products offer a very poor return on savings accounts and ISA's these days. There's people looking to get a better return on their money and farms looking for investment. It strikes me as there being a lot of untapped potential really.</p></blockquote><p></p>
[QUOTE="Jon75, post: 3076776, member: 58382"] OK, Going forward I'm going to call my friend Bob, for ease. Bob's figured came out a little under £1 per day. This includes transportation to and from auction house and a contingency fee for vets fees. Before we got into this he always maintained that his talents were with calves. Spotting and fixing issues quickly. Bob's expected loss figure is 3%. The calves we are buying in are three to four weeks old. We are deliberately avoiding any animals younger than this. He has a chap who attends auctions weekly buy for him. A number of farmers in his part of the world use him to source their stock. It took three weeks before the first animals arrived because he felt that animals in previous auctions didn't offer good value for money and we're in no real rush to buy. The first eight have averaged around £203 each so far. Thanks We are looking for around 20 to start things off. If in a years time this proves to be viable then we will increase numbers significantly. I even have two more cattle investment ideas I'd like to try if things go well. To everyone else, thanks for the feedback. The idea started after I'd been reading about wagyu cattle and the insane prices for quality wagyu beef. I asked half jokingly, half wondering if there was any potential in it if we should start a wagyu herd? That idea went nowhere and it quickly became apparent that we need to focus on breeds that sell well in the farms area (he's a long way from me here in Derbyshire). So a quick look at local auction houses showed that BB and Lim x were the way to go. To be honest you probably didn't even need to know what a cow was to figure that out. It's got me thinking though. It's important that brits support UK business. It pisses me off greatly when I see the likes of Tesco selling New Zealand lamb and even venison from half way round the world. Bank retail products offer a very poor return on savings accounts and ISA's these days. There's people looking to get a better return on their money and farms looking for investment. It strikes me as there being a lot of untapped potential really. [/QUOTE]
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