Large scale egg producers loosing money hand over fist

[Only]

Farming is just a mad bank borrowing game my neighbour is up to 16 .5 million as he keeps telling us all

 

[Daniel]

But they may just have borrowed half a million for a fancy shed.

Really?

When I last looked at it a 1000 place shed was £200/pig and I couldn't see how you could take a penny out of it for 15 years.

 

[Werzle]

Farming is just a mad bank borrowing game my neighbour is up to 16 .5 million as he keeps telling us all

16.5 million?

 

[kill]

Lidl and aldi have changed British again for ever they make sweet fa as a sacifice for market share and have destroyed margins In all sectors no value any longer in products

My neighbour always says to aim to sell your produce at the top of the market price or higher to lift the ceiling price , rather than drag the bottom price lower.

 

[Only]

Financial crash of 2009 changed the game and low Interest rates have allowed farmers to borrow to expand production and consequently resulting in excess production/ low prices

 

[glasshouse]

Financial crash of 2009 changed the game and low Interest rates have allowed farmers to borrow to expand production and consequently resulting in excess production/ low prices

if they own land

 

[glasshouse]

i went into chooks in 09, managed to hit the very bottom.
did one crop and got out

 

[DRC]

i went into chooks in 09, managed to hit the very bottom.
did one crop and got out

Fair does that your still in agriculture as you’ve had some knock backs.

 

[icanshootwell]

I looked at egg production 3 years ago, borrowing a large sum made me nervous as I didn't have a plan b if it went Belly up, decided on glamping instead.

 

[glasshouse]

Fair does that your still in agriculture as you’ve had some knock backs.

I just love banging my head on brick walls
I did make a profit on the sheds though.

 

[Johnnyboxer]

Pigs will be next - especially contract finishers.

I fear that most

 

[Daniel]

I fear that most

Do you think the big pig companies will be slashing the rates to their contract rearing farms?

 

[Bury the Trash]

well its nothing new actually, boom and bust cycles have happened ever since Poultry and pigs were intensified.

 

[Johnnyboxer]

Do you think the big pig companies will be slashing the rates to their contract rearing farms?

If the pig price crashes &/or feed grain is dear in harvest 20 (planting down due to 2019 wet autumn, what choice do they have?

Although pig prices may continue to stay as they are and that would be status quo

 

[beardface]

Do you think the big pig companies will be slashing the rates to their contract rearing farms?

Highly doubtful as UK pig job is heavily reliant on contract finishers. They don't pay we go somewhere else and there stuck with a load of weaners to finish. Biggest thing for pig job at the moment is how long it takes China to get over coronavirus, how high feed price gets this year and whether ASF makesit to UK. If ASF breaks out here pig job is done similar to F and M. I worry for anyone putting up a slatted pig shed over 10 year rights now. No use for out else and all it takes is ASF or some girl saying she doesn't want pork unless it's freedom food like the egg job and there left with an expensive noose. At least the blokes on BQP style sheds have a gp building for something else but personally I think they've been sold a gimmick which again could cost alot if the pigs go but the bank still needs paying.

 

[Daniel]

If the pig price crashes &/or feed grain is dear in harvest 20 (planting down due to 2019 wet autumn, what choice do they have?

Although pig prices may continue to stay as they are and that would be status quo

I thought they had integrated contracts with retailers in which the retailer covered the cost of any feed price increases?

 

[D14]

In the last hour I have heard that large scale egg producers in the area and there are a lot are loosing money hand over fist and there is an empty unit not far away which the owner is trying to rent out.
After Christmas in Lidl a box of 18 eggs could be bought for 79p.

Its not just eggs. Chicken meat is bad news as well.

 

[multi power]

In the last hour I have heard that large scale egg producers in the area and there are a lot are loosing money hand over fist and there is an empty unit not far away which the owner is trying to rent out.
After Christmas in Lidl a box of 18 eggs could be bought for 79p.

Don't believe all the gossip you hear would probably be a better idea

 

[tweedale terrier]

This will not help prices up here.

 

[Werzle]

This will not help prices up here.View attachment 857779

A case was reported in suffolk a month or so ago and nothings been said since