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Livestock
Dairy Farming
Investments to improve the bottom line
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<blockquote data-quote="pappuller" data-source="post: 4385208" data-attributes="member: 40286"><p>You need to read my post before you lecture me, I simply asked what investment would improve the bottom line with the impending price drop we hear of. My investment is a borehole which guarantees to pay for itself in 2 or 3 years, I consider that to be an excellent return on capital of circa 33%. Will your heap of cash return you 33 %???? I know mine wont but maybe if you ran a tighter ship and focused on keeping your costs lower you wouldnt need as big a heap ? I dont any people who have replied have mentioned new tractors or shiny metal.</p></blockquote><p></p>
[QUOTE="pappuller, post: 4385208, member: 40286"] You need to read my post before you lecture me, I simply asked what investment would improve the bottom line with the impending price drop we hear of. My investment is a borehole which guarantees to pay for itself in 2 or 3 years, I consider that to be an excellent return on capital of circa 33%. Will your heap of cash return you 33 %???? I know mine wont but maybe if you ran a tighter ship and focused on keeping your costs lower you wouldnt need as big a heap ? I dont any people who have replied have mentioned new tractors or shiny metal. [/QUOTE]
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Dairy Farming
Investments to improve the bottom line
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