Try and make more profitWith the current climate of increasing prices (and costs), what are everyone's plans for the year. Stay put, increase, decrease?
Work smarter not harderHere over the past five years a lot of older farmers have retired and the younger generation has taken on land at high rents and farming it with fancy new tackle with hired drivers. The personal touch has gone out the window and I think they are in a worse position scrambling to get everything done. Sometimes it pays to farm better rather than larger to make money. Improving what we already have and make it more productive.
33% increase in cow nos, 4 the robot going in as we speak, 19yr old son coming into the partnership as we've recently lost my mother so a position to be filled.With the current climate of increasing prices (and costs), what are everyone's plans for the year. Stay put, increase, decrease?
Buy a pencil and a piece of paper not a new fendt if the sums work out then get the fendtWork smarter not harder
Sanity, not vanityWork smarter not harder
Here over the past five years a lot of older farmers have retired and the younger generation has taken on land at high rents and farming it with fancy new tackle with hired drivers. The personal touch has gone out the window and I think they are in a worse position scrambling to get everything done. Sometimes it pays to farm better rather than larger to make money. Improving what we already have and make it more productive.
Even before covid input inflation was hammering margin. Efficiency only helped for so long before you'd need to expand.We should all stay the same production, concentrating on efficiency and improving work life balance. If we did that, milk price would stay up and we could afford the staff and fertilisers to do what I said.
But, we won’t.
There was an interesting podcast on DairyNZ on precisely this... what do the most profitable dairies in NZ spend their money on when the going is good?Buy a pencil and a piece of paper not a new fendt if the sums work out then get the fendt
How can the aligned have such a massive effect as to be able to lift the GDT auction averages ?I agree with the sentiment, the higher price might enable us to cut back on feed and fert, so may see a drop in production, but not massive.
There will be a big lift to come when the aligned contracts are re-assessed, no doubt that will allow them to pile more numbers on and crash the price for the rest of us!
Bigger boat?There was an interesting podcast on DairyNZ on precisely this... what do the most profitable dairies in NZ spend their money on when the going is good?