Direct drilling rates?

lloyd

Member
Location
Herefordshire
Someone I know is purchasing a direct drill and is
looking at doing some contract work.
What should he charge for OSR and corn drilling an acre?
 

Beowulf

Member
Location
Scotland
Someone I know is purchasing a direct drill and is
looking at doing some contract work.
What should he charge for OSR and corn drilling an acre?
Tell him to work out the actual cost. This includes the depreciation of both tractor and drill, the cost of wearing metal, his own time (at a proper hourly rate, none of this £8 an hour bullpoo) and the diesel he will burn etc. Then at least double it.

Any less and it's a waste of time, no what business you are in.
 

Chae1

Member
Location
Aberdeenshire
Tell him to work out the actual cost. This includes the depreciation of both tractor and drill, the cost of wearing metal, his own time (at a proper hourly rate, none of this £8 an hour bullpoo) and the diesel he will burn etc. Then at least double it.

Any less and it's a waste of time, no what business you are in.
How will he know depreciation and running costs of drill if he's only just bought it. Won't know depreciation of tractor till he sells it?

Hence asking question on here.
 

Beowulf

Member
Location
Scotland
How will he know depreciation and running costs of drill if he's only just bought it. Won't know depreciation of tractor till he sells it?

Hence asking question on here.
Same way as any other business, you make an estimate based on the things you can reasonably foresee and take an educated guess at the things you don't know for certain. Then as time goes on you adjust your forecasting model to account for what you have learned.

Farming is no different to any other business at the end of the day.
 

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China pig recovery drives Genus growth

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Written by Jamie Day

A trading update from animal genetics business Genus says trading in the first four months of the current year, to October 31st 2019, has seen volumes, revenues and adjusted profit grow across its PIC and ABS pig and cattle divisions. The global pig business is benefitting from rising pigmeat prices in China, following the African […]

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