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Gross Margins

  • 22-11-2011 2:53pm
    #1
    Registered Users, Registered Users 2 Posts: 867 ✭✭✭


    Hey folks,

    Can anyone supply me with gross margins/acre for the following (or alternatively point me in the direction of someone/womewhere it is stored):
    • Winter wheat
    • Spring Barley
    • Milk
    • Suckler
    I've tried google to no avail:rolleyes:.


Comments

  • Closed Accounts Posts: 4,025 ✭✭✭Tipp Man


    Before you go anywhere i think it is important to determine exactly what you define as gross margin. Everybody seems to have a different opinion of what it is nowadays. Reading the journal sometimes and you see items they have clearly not included and i am wondering what the hell, how can you not include that.

    So I think the detailed definition of what you want gross margin to be is the first step


  • Closed Accounts Posts: 4,552 ✭✭✭pakalasa


    Exactly. That bugs the hell out of me. It's as if labour, buildings etc are all free. The farmers journal, etc quote gross income figures that in other business's would be just laughed at...

    Even some farmers think that just because they have paid off the bank, that the cost of the slatted shed isn't an expense.


  • Registered Users, Registered Users 2 Posts: 609 ✭✭✭flatout11


    locky76 wrote: »
    Hey folks,


    Can anyone supply me with gross margins/acre for the following (or alternatively point me in the direction of someone/womewhere it is stored):
    • Winter wheat
    • Spring Barley
    • Milk
    • Suckler
    I've tried google to no avail:rolleyes:.

    look up the national farm survey report it gives a break down of each enterprise in GM or net terms which ever you prefer


  • Registered Users, Registered Users 2 Posts: 85 ✭✭tilting tim


    There is a breakdown in the farmers handbook.
    http://www.farmershandbook.ie/pdf/Samples_2010/03_Gross_Margins.pdf
    Should be a guide anyway but have to watch what's included.


  • Registered Users, Registered Users 2 Posts: 5,185 ✭✭✭nilhg


    Some info from the National Farm Survey here (PDF) and the crops cost and returns booklet that Teagasc produce is here (also PDF).


    FWIW I'm one of the farmers surveyed for the National Farm Survey and I do think it's a fairly comprehensive look at the finances of the farms involved, the recorder comes and goes through all the cheques, invoices, statements and sales, they are dealing with farmers all the time so they know all the questions to ask. Your accounts when they come back wouldn't be quite the same as your accounts for tax but possibly are more useful as a management tool.


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  • Moderators, Society & Culture Moderators Posts: 12,757 Mod ✭✭✭✭blue5000


    http://www.teagasc.ie/publications/2011/1031/EprofitDrystock2010.pdf

    You'll find the suckler info here, p36. God help us, the top 1/3 are making a net profit of 83e /ha before subs.:eek:

    If the seat's wet, sit on yer hat, a cool head is better than a wet ar5e.



  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    blue5000 wrote: »
    http://www.teagasc.ie/publications/2011/1031/EprofitDrystock2010.pdf

    You'll find the suckler info here, p36. God help us, the top 1/3 are making a net profit of 83e /ha before subs.:eek:

    Check out page 44 Non breeding cattle farms

    The top 1/3 of farms made a Net Profit before premia of €-7 per ha:eek:. Im telling you for non breeding farms just to stay in business is something else


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