WEANLING TO STORE

Tomjim

Anyone operate this type of system ie buy in weanlings in the autumn and sell as stores the following autumn, what kind of gross margin is achieved (sale price deducted from purchase price)

TITANIUM.

Tomjim wrote: »

Anyone operate this type of system ie buy in weanlings in the autumn and sell as stores the following autumn, what kind of gross margin is achieved (sale price deducted from purchase price)

Don't do it myself but I've an neighbour that I help out A bit as he's getting on, and he does. More to keep him going than anything else. He buys um as bulls mainly at around 350kg cuts um and shifts um on around 550kilo mark. He's buys um for roughly 500 with the weight and rarely goes over the 900. Selling um is very hit and miss I've seen nice bunches make up to 1600 euro when things are going Well. This year he was scraping 1300 for some of the finest Ch bullocks yhou could hope to see. And some of the plainer or very excitable bunches failed to make that. He would be aiming for 1400 id say. Theres sweet fcuk all outta it .

feartuath

CH bullock 550kg 1280 in Ennis yesterday
Lm 490 making 1170 all at roughly 22 months

The suckler cows are not worth it at that.

TITANIUM.

feartuath wrote: »

CH bullock 550kg 1280 in Ennis yesterday
Lm 490 making 1170 all at roughly 22 months

The suckler cows are not worth it at that.

Proper suckler bred stock would be hitting those weights at 12months as bulls.

Tomjim

buying as weanlings, selling as stores, I would be happy with an average gross margin of 350 to 400. Would pay as well as a suckler cow

patsy_mccabe

That's the way I would be thinking too. You'd have a higher stocking rate and less mortality losses.

_Brian

patsy_mccabe wrote: »

That's the way I would be thinking too. You'd have a higher stocking rate and less morality losses.

It’s also myluch more manageable to have an off farm job as you’ve no calving period.

Muckit

I was at a suckler/sheep farm walk recently. Your man did everything to the T. 35sucklers/ 400ewes. Not making a penny on production by his own admission. All cheque in post. Tis a sad state of affairs.

I couldn't help but think he'd have an easier life for himself and more money if he cut back rather than trying to bull on.

Cavanjack

Muckit wrote: »

I was at a suckler/sheep farm walk recently. Your man did everything to the T. 35sucklers/ 400ewes. Not making a penny on production by his own admission. All cheque in post. Tis a sad state of affairs.

I couldn't help but think he'd have an easier life for himself and more money if he cut back rather than trying to bull on.

Whatever about the suckers I though the sheep would be leaving a few pound.
Bought a few weanling bulls (good quality) lately a little over 300kg for less than €700, How could any man keep a cow for that.

_Brian

Muckit wrote: »

I was at a suckler/sheep farm walk recently. Your man did everything to the T. 35sucklers/ 400ewes. Not making a penny on production by his own admission. All cheque in post. Tis a sad state of affairs.

I couldn't help but think he'd have an easier life for himself and more money if he cut back rather than trying to bull on.

At least he was honest, not only with ye, but with himself, too many lads think their making money when tue opposite is the case.

annubis

Muckit wrote: »

I was at a suckler/sheep farm walk recently. Your man did everything to the T. 35sucklers/ 400ewes. Not making a penny on production by his own admission. All cheque in post. Tis a sad state of affairs.

I couldn't help but think he'd have an easier life for himself and more money if he cut back rather than trying to bull on.

jeepers, how could he not be making a bit of money there, must surely rear 600 ish lambs or more?

Willfarman

Ah he mightn't have it in his cash to spend but he'd have the worth of it in the place.if he has enough income to live snug and happy.. Fertile soil. A fenced watered farm full of stock. He's worth a lot more than he thinks.

Count Mondego

Was he investing loads back into the farm? Often this isn't taken into account when it actually increasing wealth.

Cavanjack

Willfarman wrote: »

Ah he mightn't have it in his cash to spend but he'd have the worth of it in the place.if he has enough income to live snug and happy.. Fertile soil. A fenced watered farm full of stock. He's worth a lot more than he thinks.

Am friends with an accountant, he was telling about a farmer client who was giving out about the lack of money in farming. The thing was he was doing very well but he had four children in college pulling a fortune out of the bank account that he didn't take into account.
Manys the farmer is the same, they are running cars, jeeps, kids in school/college all pulling out of the farm account thinking they are making nothing.

patsy_mccabe

Profit can be a lot of different things to different people.

grassroot1

patsy_mccabe wrote: »

That's the way I would be thinking too. You'd have a higher stocking rate and less mortality losses.

Pneumonia will give you losses fairly quickly and buying weanlings(unweaned) from a mart you are going to get it.
A friend of mine used to do it but eventually with the pneumonia cases it was not worth it
Teagasc produce figures every year in time for the ploughing match