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Morning All
Could anyone give me an idea what 180 acres of land in one block is worth to let out on a 5 year FBT for cropping or spuds corn and maize. All been down to grass for 10 years but ploughed regularly.
Cheers
Ray
Oh it’s in West Midlands btw
Cereals probably around the same.
And for all the above figures you would be claiming the subsidy if it still exists.
Morning All
Could anyone give me an idea what 180 acres of land in one block is worth to let out on a 5 year FBT for cropping or spuds corn and maize. All been down to grass for 10 years but ploughed regularly.
Cheers
Ray
Oh it’s in West Midlands btw
If you were closer I’d offer you £175-£180 with me keeping the payment if that helps you.
Rents are getting a little unrealistic imho, there are people that would pay £350/acre around here with no irrigation but you’ve got to look at the long game.
Problem is if you are in the mindset of expansion you need to be paying good rents. We are renting more and more land out because we aren't interested in expanding, just increasing our income which unless your going to invest in all the kit for root crops or forage crops, means its far more economical to let somebody else do it as long as you manage it and ensure the soil is looked after which is what we are doing by stipulating nutrients are applied accordingly. This year alone grass for forage has returned us £200/acre, grass for grazing £150/acre, maize £150/acre and potatoes £350/acre. Subsidy on top of that is ours and we've had land ploughed for free which we wanted for grass weed control. All crops have had the relevant nutrients so that our soil reserves are not depleted. If we were to let all the land out then we would only look at outfit's involved in roots and forage crops because thats where the money is. and the argument that soils get damaged is entirely wrong as long as you choose the right person and have a proper agreement in place. For example we only use early variety potato growers because harvest is done in september not november. Things like that make all the difference.
How the hell do you manage that? Impressive.Totally but when you start with no land whatsoever like I did 11 years ago you need to be making as much return as possible to be able to buy/update machinery. Chemical prices keep going up but commodities still fluctuate violently which makes budgeting very hard. I would like to expand but a full time job, 350 acres and contracting is all I can manage, I’ve either got to find more land and employ someone to help me or cut back. It’s a hard decision as I like what I do but something has got to give.
How the hell do you manage that? Impressive.
I bet. Do you have any help with the farm? And do you ever sleep? Apologies this is off topic I will start a thread on this sometime.With great difficulty at times!!! [emoji23][emoji23]
I bet. Do you have any help with the farm? And do you ever sleep? Apologies this is off topic I will start a thread on this sometime.
Morning All
Could anyone give me an idea what 180 acres of land in one block is worth to let out on a 5 year FBT for cropping or spuds corn and maize. All been down to grass for 10 years but ploughed regularly.
Cheers
Ray
Oh it’s in West Midlands btw