The what jdunn55 has done wrong thread...

frederick

Member
Location
south west
CFP isn’t perfect either. Example being power and machinery and contractor costs can be super low on cfp, but a stack of finance for new kit outside of it.
Regarding the milk from forage, one of our discussion group members has very high yield, very high milk from forage and the highest cfp by some considerable margin.
The finance costs should be picked up by the depreciation.
 

Jdunn55

Member
Of all the figures that can be used to measure herd performance, it was only when I started having a proper CFP done through my discussion group that I grasped what is important. An eye opener, and now look forward to it every year.
What's a CFP plesse? I'm guessing some sort of form/document you fill out and it tells you what your margin per cow is??
 

Jdunn55

Member
You can run all the budgets you want.
A good way is just find someone doing it better and copy them, it's easy to find folk in my case 😂.

Speaking of which, did beefy mange to convert you to bronze standard farming @Jdunn55
🙈 certain things I'll never be persuaded from (eg rearing heifers and pedigree etc I just enjoy it far too much to even consider doing a flying herd), learnt a lot tho8gh and maybe need to consider relaxing on certain aspects 😬 I'm a massive control freak and like everything to be done a certain way eg: I dont trust anyone to touch my electric fencing as it ALWAYS ends in a mess I have to sort out 🤬🤬🤬

I also have massive cow track envy 😭😭😭
 

Sylution

Member
Location
Carmarthenshire
What the CFP can show well is how well your costs are being diluted by your milk output. If that makes sense. For me last year I had to reduce milk output in the spring because of COVID and my milk buyer asked me to. However it was like driving with the handbrake on, trying to stop cows milking well in spring and then with the autum cows, they just went dry quicker, so milk was down for many months. This had quite an impact on my CFP.
 

pappuller

Member
Livestock Farmer
Location
M6 Hard shoulder
What the CFP can show well is how well your costs are being diluted by your milk output. If that makes sense. For me last year I had to reduce milk output in the spring because of COVID and my milk buyer asked me to. However it was like driving with the handbrake on, trying to stop cows milking well in spring and then with the autum cows, they just went dry quicker, so milk was down for many months. This had quite an impact on my CFP.
very similar here last year, I threw the toys out and started zero grazing to negate the milk price cut, we felt the cost of that for several months
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 104 40.6%
  • Up to 25%

    Votes: 93 36.3%
  • 25-50%

    Votes: 39 15.2%
  • 50-75%

    Votes: 5 2.0%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 12 4.7%

May Event: The most profitable farm diversification strategy 2024 - Mobile Data Centres

  • 1,511
  • 28
With just a internet connection and a plug socket you too can join over 70 farms currently earning up to £1.27 ppkw ~ 201% ROI

Register Here: https://www.eventbrite.com/e/the-mo...2024-mobile-data-centres-tickets-871045770347

Tuesday, May 21 · 10am - 2pm GMT+1

Location: Village Hotel Bury, Rochdale Road, Bury, BL9 7BQ

The Farming Forum has teamed up with the award winning hardware manufacturer Easy Compute to bring you an educational talk about how AI and blockchain technology is helping farmers to diversify their land.

Over the past 7 years, Easy Compute have been working with farmers, agricultural businesses, and renewable energy farms all across the UK to help turn leftover space into mini data centres. With...
Top