What would you do with 26 acres?

nosedive

Hi all, so let's say my aul lad retired properly and I took over the land what could I do with it? Sheep are the curse
of God and there's no way I'll keep them. I'm not a ful time farmer holding down a professional job so animals might not be the best option given the time available?

What would you do? Vegetables? Willow? Rent it? I'd obvioulsy
like to make some return on it.

supersean1999

it really does matter what type of land it is, the last thing id do is plant it, you might winter rent it for sheep, then cut silage in summer and sell it, and buy store lambs in july and fatten them by sept,long evenings so you could manage the lambs ,:) and rent again till spring, you prob get 2.5- 3k a year rent depending how good it is,

reilig

supersean1999 wrote: »

it really does matter what type of land it is, the last thing id do is plant it, you might winter rent it for sheep, then cut silage in summer and sell it, and buy store lambs in july and fatten them by sept,long evenings so you could manage the lambs ,:) and rent again till spring, you prob get 2.5- 3k a year rent depending how good it is,

I know someone who makes about EUR 8k per year on 25 acres after tax. Professional who works 40 hours a week. Puts in about 15 hours on the farm per week. Keeps 10 cows - sells weinlings in late autumn - always prizewinners at the show and sale. Has good single payment - over Eur 4k per year. Handy money if you are able to do it.

supersean1999

well im guessing , sure it could all be bog or meadow, 8k is good if its profit , anyway there is no way to answer really without seeing it

johngalway

What kind of land is it? Is it near a large town or city?

johngalway

supersean1999 wrote: »

it really does matter what type of land it is, the last thing id do is plant it, you might winter rent it for sheep, then cut silage in summer and sell it, and buy store lambs in july and fatten them by sept,long evenings so you could manage the lambs ,:) and rent again till spring, you prob get 2.5- 3k a year rent depending how good it is,

Same as that, too much planting going on IMO.

morning delight

reilig wrote: »

I know someone who makes about EUR 8k per year on 25 acres after tax. Professional who works 40 hours a week. Puts in about 15 hours on the farm per week. Keeps 10 cows - sells weinlings in late autumn - always prizewinners at the show and sale. Has good single payment - over Eur 4k per year. Handy money if you are able to do it.

Just shows what we're happy with. 8k after taxes is great and he needs top quality to achieve it.

Now work out how much he gets per hour he puts in. 15hrs for 52 weeks is 780hrs. He earns ~€10 per hour:(.

supersean1999

morning delight wrote: »

Just shows what we're happy with. 8k after taxes is great and he needs top quality to achieve it.

Now work out how much he gets per hour he puts in. 15hrs for 52 weeks is 780hrs. He earns ~€10 per hour:(.

10.25 an hour lol every cent is important in these bad times, :eek:

5live

Rent it? Land around me making up to 250 an acre for good land for 3 cuts. Even at 100 an acre E2600 for no work and no risk. Now why dont i take my own advice i wonder:rolleyes:

LostCovey

reilig wrote: »

I know someone who makes about EUR 8k per year on 25 acres after tax. Professional who works 40 hours a week. Puts in about 15 hours on the farm per week. Keeps 10 cows - sells weinlings in late autumn - always prizewinners at the show and sale. Has good single payment - over Eur 4k per year. Handy money if you are able to do it.

Reilig,

Very impressive alright.

Is that €8,000 profit + 4,000 SFP? Or does the €8,000 include the SFP?

LostCovey

Upstream

LostCovey wrote: »

Reilig,

Very impressive alright.

Is that €8,000 profit + 4,000 SFP? Or does the €8,000 include the SFP?

LostCovey

He said it's €8000 after tax so I'd guess it's €8,000 including the SFP, since the SFP is taxable.

After SFP, that would leave an average of €400 profit per cow, which is good going seeing as the cost of keeping a suckler cow is around €600- €650 per year. They must be getting a great price for their weinlings.

What breeds does this guy use Reilig?

nosedive

Thanks for all the replies folks; the land is all meadow - grazing sheep and horses with 2 cuts a year for winter fodder at the moment.

I suppose I'm jumping on the bandwagon a little; I've always resisted having anything to do with the land but with dad not getting any younger and I suppose my own priorities changing (getting to that age) I see the land as a bit of a lifestyle change; I'll try to work closer to home and work it on a part-time basis.

reilig

Upstream wrote: »

He said it's €8000 after tax so I'd guess it's €8,000 including the SFP, since the SFP is taxable.

After SFP, that would leave an average of €400 profit per cow, which is good going seeing as the cost of keeping a suckler cow is around €600- €650 per year. They must be getting a great price for their weinlings.

What breeds does this guy use Reilig?

Belgian blues off Cross bred chaorlais cows. Last year his 10 calves averaged €1050 each (bulls with heifers).

Muckit

reilig wrote: »

Belgian blues off Cross bred chaorlais cows. Last year his 10 calves averaged €1050 each (bulls with heifers).

Now if I could come near that target I would be happy :rolleyes: Baby steps

kboc

reilig wrote: »

Belgian blues off Cross bred chaorlais cows. Last year his 10 calves averaged €1050 each (bulls with heifers).

Autumn or Spring calving. AI i presume.

pakalasa

Maybe, they should put him in charge of the Grange Derrypatrick herd.
Couldn't resist.:D

Jazus, Justin McCarthy went to town on them in this week's Journal.

reilig

kboc wrote: »

Autumn or Spring calving. AI i presume.

AI, He calves them all down between mid december and mid january

blue5000

pakalasa wrote: »

Maybe, they should put him in charge of the Grange Derrypatrick herd.
Couldn't resist.:D

Jazus, Justin McCarthy went to town on them in this week's Journal.

Yeah he got so excited he repeated (no pun intented) himself about three times in the article!

They really spent a fortune on buying bulls. :eek: