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Who makes money on suckling EXCLUDING subsidies

  • 16-09-2009 1:11pm
    #1
    Rujib1
    Closed Accounts Posts: 369 ✭✭


    Tell the truth, who is making profit from selling sucklers, when ALL subsidies are excluded.
    Been doing my sums, and based on spring calving, selling in October based on current average prices in the mart, I believe it's just about break even for me:mad:

    Am I doing a bad job, or is that the situation for others out there :confused:

    R1


Comments

  • #2
    Sam Kade
    Registered Users, Registered Users 2 Posts: 12,313 ✭✭✭✭Sam Kade


    relligs neighbour is making good profit from sucklers. This is what he wrote on another thread.

    I have 1 neighbour with 25 acres and 10 cows. We went to his farm for an open evening earlier this year. Including his single payment of almost €4000, he had €7500 in profit last year. Part of the open evening was a run down on his costs - they put them on a blackboard for all to see. He also gave us the details of his income.

    Excluding sfp he is making €350/cow profit he is still only making €140/acre though, which could be made by renting out the land and no cattle to look after and he would still get his sfp.


  • #3
    reilig
    Closed Accounts Posts: 7,401 ✭✭✭reilig


    Sam Kade wrote: »

    Excluding sfp he is making €350/cow profit he is still only making €140/acre though, which could be made by renting out the land and no cattle to look after and he would still get his sfp.

    Don't know where you're getting your prices for renting land, but its not in Leitrim. Prices are more in the €60 to €90 per acre bracket. Exceptional land might make €100, but there's not much of that in our wee county.


  • #4
    Sam Kade
    Registered Users, Registered Users 2 Posts: 12,313 ✭✭✭✭Sam Kade


    reilig wrote: »
    Don't know where you're getting your prices for renting land, but its not in Leitrim. Prices are more in the €60 to €90 per acre bracket. Exceptional land might make €100, but there's not much of that in our wee county.
    Just come down to Cork €120/acre long-term lease. Grazing land let for 12 months at the start of this year made €200/acre and over. Land near where I live made €170/acre last year for a 3 year lease, this farm was only medium quality land and the man that rented it had to plough and reseed it the first year of the lease. First cut silage growing made €170/acre second cut made €100/acre.


  • #5
    levallat
    Closed Accounts Posts: 20 ✭levallat


    It wouldn't make the colour of it here in Waterford, I have a small farm rented from a neighbour for 50 an acre on an open ended lease and have been offered 2 more small farms locally as well at sub 100 an acre.


  • #6
    reilig
    Closed Accounts Posts: 7,401 ✭✭✭reilig


    Sam Kade wrote: »
    Just come down to Cork €120/acre long-term lease. Grazing land let for 12 months at the start of this year made €200/acre and over. Land near where I live made €170/acre last year for a 3 year lease, this farm was only medium quality land and the man that rented it had to plough and reseed it the first year of the lease. First cut silage growing made €170/acre second cut made €100/acre.

    Cork land and Leitrim land is very different. If you had 25 acres in cork you could probably keep 15 to 20 sucklers. here you struggle to keep 10. Land is waterlogged. Reseeding is very difficult to do when you have only 2 inches of soil. 30 acres of land near me made €1800 last year. But if you got 30 acres of good land at €120 per acre, it would be much better value IMO.


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