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Taking over family farm-what to do?

  • 10-10-2009 4:52pm
    #1
    Closed Accounts Posts: 6


    Hi Folks,

    Lookin for some advice. The farm at home (about 60 acres) has been rented out for last 12 years, place is gone rough enough at this stage and i would like to get it up and running again. I have a fulltime job away from home so i wouldnt be there everyday. We used to milk cows- quota sold now. Winter accomadation would not be brillant so i am limited on the stock i can carry. What would some of you lads do if it was ye? Im thinking of buying beef heifers in April- and finishing them on grass and moving them off in Oct/Nov. A lot of ragwort around too so thinking o buying some cull ewes to tackle that problem.

    Any advice would be very helpful.


Comments

  • Registered Users, Registered Users 2 Posts: 848 ✭✭✭ravima


    You will not make a fortune on it. You will enjoy the work though, if farming is in your blood.

    If you have livestock, you will need facilities, such as a crush to simply do the annual TB and Brucellosis testing.

    You will need someone to keep an eye on the animals on a daily basis.

    You will need a herd number to buy the animals.

    You should probably consult with an advisor or teagasc to come up with some business plan.


  • Registered Users, Registered Users 2 Posts: 1,212 ✭✭✭wiggy123


    if i was you!
    either buy in a about 30 good spring calving sucklers--sell as weanlings in autumn!
    all you hav for your winter is cows!
    or mayb buy in stores/weanlings, either sex...in early spring--and feed or fatten over the summer,and sell them early autumn...might make a few pound..
    and you'd hav no cost over the winter! also no major workload...


  • Closed Accounts Posts: 16 barbersfort


    have you thought about forestry?
    100% free start up costs and 20 year premiums (first 5 year enhanced premiums via FEPS scheme if you are (or planning to get into) REPS.

    tax free returns/ good for environment/minimum on-site presence.


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭mossfort


    wiggy123 wrote: »
    if i was you!
    either buy in a about 30 good spring calving sucklers--sell as weanlings in autumn!
    all you hav for your winter is cows!
    or mayb buy in stores/weanlings, either sex...in early spring--and feed or fatten over the summer,and sell them early autumn...might make a few pound..
    and you'd hav no cost over the winter! also no major workload...


    how will he manage 30 suckler cows if he not going to be there everyday and he has not got great winter accomadation ?


  • Registered Users, Registered Users 2 Posts: 32 tophat


    You might consider biofuels such as Miscanthus or Willow. Should require reduced labour input after initial establishment years care.


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