Advice wanted-Leasing Dairy Farm

krazyfarmer

Hi all
I am a suckler & beef farmer on a very fragmented 70-acre farm.
I have a good yard & shed. I have an off farm job. I am 29
I really want to farm full time. I have given this lots of thought.
What I have been thinking about recently is leasing a dairy farm, to run along with my own farm.
Obviously it would have to be local to me. We used to milk at home but land is too fragmented.
My thinking is I have a steady income from the beef, if it would pay or part pay the lease on dairy unit until I got going it would ease the cash flow problems usually associated with leasing.
I have some money available to purchase cows and would need to borrow the rest.
I am thinking of around 50-60 cows. Maybe silage could be provided from home farm.
Just looking for some opinions on this.
Thanks

hillclimber

Hi there, you would need to look at some kind of partnership arrangement as land and milk quota cannot be leased. It can be got around though and sounds like agood idea for your situation. Best of luck.

keep going

as a stepping stone it might work for a while but finding the right farm/partner is the big issue.we are all going to have to be more open minded in the future about how we develope our bussiness

krazyfarmer

Thanks lads

funny man

krazyfarmer wrote: »

Hi all
I am a suckler & beef farmer on a very fragmented 70-acre farm.
I have a good yard & shed. I have an off farm job. I am 29
I really want to farm full time. I have given this lots of thought.
What I have been thinking about recently is leasing a dairy farm, to run along with my own farm.
Obviously it would have to be local to me. We used to milk at home but land is too fragmented.
My thinking is I have a steady income from the beef, if it would pay or part pay the lease on dairy unit until I got going it would ease the cash flow problems usually associated with leasing.
I have some money available to purchase cows and would need to borrow the rest.
I am thinking of around 50-60 cows. Maybe silage could be provided from home farm.
Just looking for some opinions on this.
Thanks

You have plenty of time to look out for a suitable farm as there is four more years until quota's finally go and by that time things may have changed, at the moment every farmer i'm talkin to are expanding (excluding me) and that leads to, everyone running in the one direction so my advice is walk and slowly until the price falls and the doom and gloom sets in again and then the opportunities will arise and if your still interested grasp it with both hands.

galteeview

Out of interest krazyfarmer did you ever have any luck?

freedominacup

funny man wrote: »

You have plenty of time to look out for a suitable farm as there is four more years until quota's finally go and by that time things may have changed, at the moment every farmer i'm talkin to are expanding (excluding me) and that leads to, everyone running in the one direction so my advice is walk and slowly until the price falls and the doom and gloom sets in again and then the opportunities will arise and if your still interested grasp it with both hands.

4 becomes 2 so fast it'd make your head spin.

royalmeath

What about zero grazing in this kind of situation or as an alternative sell up what you have and buy one block of land. I think alot of lads are jumping feet first into leases, but from a dairying point of view you need at least ten years of a lease to justify the effort, then what do you do after nine and a half years the owner refuses to renew.

blue5000

galteeview wrote: »

Out of interest krazyfarmer did you ever have any luck?

I doubt if you'll get an answer, Krazy farmer hasn't been on here for a while-Last Activity: 07-03-2012 11:05

Lot of ppl come and go through here.

jfh

blue5000 wrote: »

I doubt if you'll get an answer, Krazy farmer hasn't been on here for a while-Last Activity: 07-03-2012 11:05

Lot of ppl come and go through here.

must have gone for it so, no time for boards anymore