cute geoge wrote: » When you look back the years do not be long slipping,if the right parcel came up for sale near me I would almost walk on coals to buy it .Last year that parcel came up for lease ,I baulked when the price hit €350 .I would have some land parcels rented right for over 20 years now and at this stage I do not think I will ever get the chance to buy any nice parcel of land
20silkcut wrote: » My sister married into Roscommon people that bought an out farm in Westmeath back in the 90’s. No internal fencing. No tractor . Just a holding pen and cattle crush. Carry about 100 cull cows on it. Sheep graze it in the winter. Farm Is blanket spread twice a year with cattle in the field. They used to get the fertilizer that was scraped out of the bottom of the boat. Worked fine. Always seemed to make plenty of money. More money than I could ever make on my farm on good ground in North Tipp . But I’m only at it a wet week in comparison to them. But yes minimal inputs and set stocking does work it seems .
Young95 wrote: » They were probably dairy farmers I’d presume no ?
Carmen Angry Advertisement wrote: » Little background.. moved home from abroad a few years back, teaching close enough to home. Have planning permission on home farm and father is coming close to retirement. Have signed up to do Green Cert. Farm about 60 acres and only sheep on it. Anyways, been thinking about getting into the "family business". I'd have grown up doing jobs and know a bit about sheep. However, I havent a notion about the finances or running a farm. Its not something I'd do for the love of it or to break even. I know its a "how long is a piece of string?" question, but could a farm that size be profitable?? All I ever hear is how theres no money in farming. Thanks for reading and any feedback welcome.
Danzy wrote: » Saw a great quote about farming. It's easier to save in cost than make it in sales.
landofthetree wrote: » Agricultural land sells for very high prices. Why would people spent so much on buying farms if it wasn't profitable?
First of all, it depends on the area that you are located in and how much you are ready to invest in it. I think that all the farms are profitable, but they aren't profitable the entire year. If you are 100% into farming, be prepared to get a lot of debts and loans. My grandparents used to have a great farm. However, my old man was never 100% into farming. He even had another source of income. I have recently got the farm back from the bank, as my dad lost it due to his loans. Now I want to get a couple of new tractors from machinerydealer.co.uk and make that place great again.
I can't figure out whether you are an ad or a troll 🤔
I would say the biggest cost in farming is time. Could be around 12 hours at the weekend and maybe an hour a day during the week.
You are lucky that you have yourself and your father at it because farming alone is tough. It should be an enterprise ye both like.
Like between subs and output there should be money out of it.
You would want to research different farm enterprise’s. Would a handy amount of sheep in an organic system work?
Well, how many young fellas do you know who that have the cash to pay down the farm loans and then turn around buy a “couple” of new tractors from a third country handling the import process and extra duties? Make a list, you should have plenty of space on the back of a match book. And given the ‘make the place great bit’ maybe concentrate on young lads called Donald ;-)
A new tractor will sort it. Place will be flying it after thst.
I used the machinery dealer place before and don’t recommend it. Terrible service.
I see a few tarmacadam laying machines for sale on machinery dealer. If you bought one of them you’d be able to lay all your own tarmacadam for the farm road ways. That’d really make the place great again for you.
Might be no harm to bear this in mind.keep away from suckered anyway
That's why the place needs to look great. A few new tractors positioned around the entrance and you'll be beating them off you.
Interesting stat that.
Essentially only 40% of suckler farmers are happy
make that place America great again
Fixed that for you
First of all, it depends on the area that you are located in and how much you are ready to invest in it
These must be Russian Spambots - they aren't working properly at all.
If the farm is managed holistically it will be profitable.
Otherwise, very hard slog.
Only when the kremlin denies it (and they burst into flames) can you be sure.
Just an add on....average dairy income is 100k....not too bad eh?
It depends on many things. If you run it like a business then yes. If you flute around and run a half arsed effort, then no. I’ve seen fellas who rent land and run their operation well make more money than lads who were given a farm but who run it poorly. also see lads who make lots of money but love the big new tractors and toys, they never have any cash just a big brag machine to sit on. Flutes equally.
You summed it up there. I'd like to add find an enterprise and excel at it.
Hi,
If you were to keep 6-8 suckler cows to keep the place going with as little input and hardship as possible what would be the preferred breed of cow to give the maximum margins?
Calves to be sold in October.
Cows outwintered as long as possible - inside for Jan and Feb and out with calf in March.
I am not sure if it is worth the effort. Are you going to use AI or a bull. AI will mean checking cows for heat constantly arranging AI and getting cow on for breeding. Any decent bull will cost 2k + 4-500/ year maintenance.
Your output will be an average of 1 calf per years less the number of cows over five years.
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