Foolish going back into milking?

[BobbySusie]

What happens when the cow drops dead?

You have to hand back the same number of cows. I only know about short term leasing. Its different again on long term.

 

[Ducati899]

Sounds like a recipie for disaster to me

 

[Beef farmer]

You have to hand back the same number of cows. I only know about short term leasing. Its different again on long term.

May aswell buy on finance then. The rent for a cows is probably more than the likes of woodland charge. Anyone finance cows and wish too share figures?

 

[Headless chicken]

May aswell buy on finance then. The rent for a cows is probably more than the likes of woodland charge. Anyone finance cows and wish too share figures?

Somewhere between 5-7%

 

[dinderleat]

So £100 per cow on finance

 

[Beef farmer]

Least after 3 years the coos yours

 

[som farmer]

finance between 4-8%, 3 yr . its fine as long as you have a plan, can be cheaper than the bank, certainly a lot quicker ! cows are making strong money for the best, but, there are cheaper cows around, anything not quite right, or calving out of block, can be had for £5-600. Downside of that is you may not be able to get the numbers you want in 1 hit. I suspect some of the high prices, are driven by farmers who wish/need to spend a set amount of money, in 1 go, for their agreement. Also, private treaty sales are increasing, and the same reason applies, you can go to 1 farm, and get the number of cows that you need, which for the seller is a lot less hassle than taking them to mkt ! also the dreaded tb regulations can be better served private treaty. Never had anything to do with 'renting' the cows, a friends family used to do it, but stopped in the end, as it just got to complicated, with leasing you know after 3 years , the cow is yours. We have found leasing to be very useful, when offered larger bunches of cows, cheap, for a quick sale, and you can get a next day quote/offer, how long does it take to get a reply from the bank ?

 

[pappuller]

Somewhere between 5-7%

Feck if my bank wanted that I'd give them the [emoji867]

 

[pappuller]

Somewhere between 5-7%

Does your finance guy get involved in cattle finance ?

 

[pappuller]

Least after 3 years the coos yours

I'd prefer it to be mine when it touches down in my yard

 

[pappuller]

So £100 per cow on finance

Per year ?

 

[Ducati899]

I'd prefer it to be mine when it touches down in my yard

Too right

 

[Headless chicken]

Does your finance guy get involved in cattle finance ?

Yes he will do but no where near the scale of Wadland or shire leading.
can’t remember what price I had off him last time I asked. But it’s unsecured borrowing at the end of the day I guess.

 

[dinderleat]

Per year ?

Fag packet calculations @£1500
And 8% you would pay back 1740 per cow over 3years

Year 1 £620
Year 2 £580
Year 3 £540

Total £1740

I think that’s right

 

[pappuller]

Fag packet calculations @£1500
And 8% you would pay back 1740 per cow over 3years

Year 1 £620
Year 2 £580
Year 3 £540

Total £1740

I think that’s right

I would think if you are on a flat rate of 8% your interest would total £120/yr on £1500 ? Or am I been thick ? So to me £1860 over 3 yrs

 

[dinderleat]

Fag packet calculations @£1500
And 8% you would pay back 1740 per cow over 3years

Year 1 £620
Year 2 £580
Year 3 £540

Total £1740

I think that’s right

I was wrong

 

[buffalo_soldier]

Paps is right as far as I understand it, there was one touting on here a bit back.

Any %age they quote is a flat rate one.
Rule of thumb is to double it to get an Apr. So their 8% is actually 16% Apr.

 

[buffalo_soldier]

As for returning to milk, dunno what I would do in the same shoes.

Would be hard to steer me away from block calving, probably flying herd. With an oversized simple parlour.
Cow type determined by location, land and contract.

An advantage is that most of the infrastructure is still in place.

 

[Mr Mackay]

You must be bored !!!

 

[Rossymons]

May aswell buy on finance then. The rent for a cows is probably more than the likes of woodland charge. Anyone finance cows and wish too share figures?

I know 2 people who leased cows and it ended in disaster for the pair of them.

I'd hate running my own herd with someone else's cows personally.