10 acres

crunchy62

Okay, simple question from non-farmer. Is it possible to make a decent yearly amount of money from 10 acres of good quality agricultural land?

If so how?

I have come across 10 acres selling for €125,000 although it may go for a lot less.

freedominacup

crunchy62 wrote: »

Okay, simple question from non-farmer. Is it possible to make a decent yearly amount of money from 10 acres of good quality agricultural land?

If so how?

I have come across 10 acres selling for €125,000 although it may go for a lot less.

Yep if you cover it with greenhouses/poly tunnels and get a crash course in intensive horticulture.Failing that you could go for the good life option.

Good loser

Definitely not.

SomethingElse

Drill a few test holes for oil before you buy

Farmer Pudsey

cover it with chicken houses

bbam

crunchy62 wrote: »

Okay, simple question from non-farmer. Is it possible to make a decent yearly amount of money from 10 acres of good quality agricultural land?

If so how?

I have come across 10 acres selling for €125,000 although it may go for a lot less.

Really the answer is no.
And if You had five times that you'd struggle too.

limo_100

bbam wrote: »

Really the answer is no.
And if You had five times that you'd struggle too.

I disagree i no someone who makes a very comfortable living of 28acres and has done for 30years.

nashmach

May depend on its location too!

farmkilkenny

limo_100 wrote: »

I disagree i no someone who makes a very comfortable living of 28acres and has done for 30years.

What does the farmer do then? Grow Vegetables etc

bbam

limo_100 wrote: »

I disagree i no someone who makes a very comfortable living of 28acres and has done for 30years.

Please throw up some general details if you can as there are damn all fellas making a go of 28acres..
Is this cattle, sheep, piggery or fruit/veg..

Sam Kade

You could it with fruit and vegetables but the biggest problem is getting a market for your produce, too much cheap rubbish being imported.

limo_100

bbam wrote: »

Please throw up some general details if you can as there are damn all fellas making a go of 28acres..
Is this cattle, sheep, piggery or fruit/veg..

details ok em he farms a heavy farm in co cavan. He milks 20 british friesian cows he puts 2 of them in calf to a british friesian bull every year for heifer calves and if he doesn't get them he buys 2 calves. The rest of the calves are put in calf to a belguim blue bull and he has averaged bout 500 a calf in the last 3 years. There left on the cow for 2 weeks and then sold. By the way DBZ is breeding super stock to the friesian cows. He makes 3 cuts of silage in a 7 acre field away form the house it always grows alot of stuff cause there is FYM spread on it every year. He makes another 7acres at the house in the middle of may. hes actually feeding silage for an hour in the morning and an hour in the evening now so that when the cull cows will be sold in november there usually fairly heavy. What else would you like to know??

bbam

limo_100 wrote: »

details ok em he farms a heavy farm in co cavan. He milks 20 british friesian cows he puts 2 of them in calf to a british friesian bull every year for heifer calves and if he doesn't get them he buys 2 calves. The rest of the calves are put in calf to a belguim blue bull and he has averaged bout 500 a calf in the last 3 years. There left on the cow for 2 weeks and then sold. By the way DBZ is breeding super stock to the friesian cows. He makes 3 cuts of silage in a 7 acre field away form the house it always grows alot of stuff cause there is FYM spread on it every year. He makes another 7acres at the house in the middle of may. hes actually feeding silage for an hour in the morning and an hour in the evening now so that when the cull cows will be sold in november there usually fairly heavy. What else would you like to know??

Ok my accounting is basic enough but your describing something that will give ~€15k income. I suppose its an income providing there is No money owed whatsoever..

OP was asking if he bought 10 acres for €125K would he make a decent amount of money.
There is no way on earth he'll make money from that investment..

limo_100 wrote: »

What else would you like to know??

Nothin... loose the attitude :rolleyes:

limo_100

bbam wrote: »

Ok my accounting is basic enough but your describing something that will give ~€15k income. I suppose its an income providing there is No money owed whatsoever..

OP was asking if he bought 10 acres for €125K would he make a decent amount of money.
There is no way on earth he'll make money from that investment..


Nothin... loose the attitude :rolleyes:

no attitude at all hey... i was replying to the person that said that there would be no income to be make if he had 5 times the amount of ground. And by the way id think his income would be closer to 25K plus payments or so im lead to believe and no borrowing on the place.

1chippy

Thats nearly 1000 per acre profit.
500 a piece for calves
a dairy farmer putting 2 cows in calf to a friesain bull
hes feeding silage in september to fatten cows

Them Cavan boyos are cute whores. id say hes telling you a few porkies.

limo_100

1chippy wrote: »

Thats nearly 1000 per acre profit.
500 a piece for calves
a dairy farmer putting 2 cows in calf to a friesain bull
hes feeding silage in september to fatten cows

Them Cavan boyos are cute whores. id say hes telling you a few porkies.

no i often went to carrigallen with him 2sell the calves and i often help him ya see hes an uncle of mine and if he went down to 18 cows it wouldnt bother him as he says they will come up next year. Use should try carrigallen for calves its an outrageous sale u wouldnt buy a calf for less than 400 unless it was a fresian bull calf.

handlemaster

From what I see the OP is over paying for the land straight off. No money will ever be made on a farming enterprise at that price unless your going to build sheds etc.

The Cavan guy story... hes worse than minimum wage tell him the give it up unless he has some other income. The return after costs tax etc is taken out is very little. A busy fool comes to mind

Markcheese

I suppose it's a veiwpoint thing...
Non farmers(and some farmers) tend to see the price/value of land and assume there's an income from that investment,
Most farmers would see you need land(owned/leased/rented) to start work ,and it's the work that pays...
I know several people with small amounts of land who make a living... And they all work their asses off ,as well As being smart... Find a niche...

Farmer Pudsey

limo_100 wrote: »

details ok em he farms a heavy farm in co cavan. He milks 20 british friesian cows he puts 2 of them in calf to a british friesian bull every year for heifer calves and if he doesn't get them he buys 2 calves. The rest of the calves are put in calf to a belguim blue bull and he has averaged bout 500 a calf in the last 3 years. There left on the cow for 2 weeks and then sold. By the way DBZ is breeding super stock to the friesian cows. He makes 3 cuts of silage in a 7 acre field away form the house it always grows alot of stuff cause there is FYM spread on it every year. He makes another 7acres at the house in the middle of may. hes actually feeding silage for an hour in the morning and an hour in the evening now so that when the cull cows will be sold in november there usually fairly heavy. What else would you like to know??

Limo_100 if his cows are milking and he has a quota to cover 1200 gallons/cow his annual milk cheque @33cent/litre is about 35K if the average 1350 his cheque is 40K. However he seems to be only replacing a cow every 20 years two cows to a Friesian bull. To get two heifers he would want to be. I think that at least 4 cows are getting Friesians. He is running a tight ship to handle this amount of cows on 28 acres as he will not have economy of scale. I wonder how much meal he is feeding and is he spreading a lot of fertilizer.

It is highly unlikely he is averaging 500/ bull calf not to mind heifers. I would imagine if he averages 300/calf across 17 ( he will have mortality) bringing in another 5000 and two cull cows at 1K apiece will yield him a gross of 42K @the 1200 gallon cows. He is most likely making baled silage I am calculating about 250 bales/year. He is more than likely doing a lot of the work himself and may have a part time job. He is earning a living just about as he is running a tight ship and every Euro is more than likely a prisoner.

handlemaster wrote: »

The Cavan guy story... hes worse than minimum wage tell him the give it up unless he has some other income. The return after costs tax etc is taken out is very little. A busy fool comes to mind

No really of you know nothing else and are in you sixties you just keeping doing it. however do you want a child of yours doing it. He have no tax liability and may well qualify for family assist if he has a family. If he is a single man it an ok lifestyle probally better than 20 sucklers.