This little country is fucked costs wise
Direct inputs shouldn’t be any more than €250/ha…seed, starter, herbicide. That’s an absolute max spend.
Tilling, planting, spraying and pitting would be the biggest costs.
Someone of your scale should be able to appreciate the nuances of higher borrowings and higher repayment capacity..
Yes but they have way more cows so total borrowing is higher and facilities are poorer eg outdoor cubicles which many will struggle to ever cover with steel and labour costs
It's fresh weight.
We're going badly out of kilter with costs.
Just looking at the published costs of growing fodder maize and we're twice as expensive as UK.....how can that be?
It’s not worth much more. Dried maize is €180/t.
At that price it would nearly pay to ship it across to Ireland if farmers wern't nearly broke after the year. Lads here asking 70 a ton fresh weight.
Beet, Fodder beet is 80% water, sugar beet is 75% water but at lease has more energy than fodder beet.
Is €75/t fresh weight or /tDM?
Best offer I’ve got so far is €100/tDM for 33%DM maize @ 40% Starch. That’s a price from a digester so the most you’d get from farmers is €90/tDM. Maize would be a lot easier to feed out than beet.
I see an irish company got 250k in pre carbon credits and seem to have gotten millions now in lending towards the end of this year.
Their idea is to crush concrete into dust and apply it to United states farmland. They call it enchanced weathering technology. There's no technology. But the process of applying it to soil. But it sounds cool to the desk nerds where they are looking for funding. It's the very same thing as I did applying the basalt dust except there's minerals missing that would be in the basalt and not in the concrete. To counter that they've named the company Silicate. That's the mineral most associated with basalt that the concrete wouldn't have much of but it's the company name and product now.
They've it wrapped up for the eejits to finance this. However what they probably don't know or maybe do but won't let on. Is enchanced weathering basalts in it breaking down in soil uses some of the soil carbon in it's transition to carbonates in water. This is sold as stone dust to weathering to carbonates to washing out to sea eventually. But when it uses some of the soil carbon it leaves that land more suseptible to drought for a year or two. So now they have a product that they sell as carbon and environment good but food risk bad.
An awful lot of bs being pedaled for the environment.
Seems worse by the road.
Is that maize or beet?
Rabobank now have an environmental scoring system that plays into interest rates.
Banks seem to have unlimited access to funds for lending to green projects (on farms also).
They're certainly covering themselves with any risks associated with SR and compliance.
POI...Irish dairy farmers are less borrowed per cow than they were at the end of quotas..
Combination of nitrates going putting the s**ts up them and maybe their is some of their more heavily borrowed dairy clients starting to get into serious difficulty re loan repayments etc and they're now hitting the kill switch on all dairy lending
Green MEP Ciarán Cuffe. All our eggs are being put in the large multi national companies now.
Was there a Green party TD or MEP trying to get banks to stop lending to farmers a year or two ago. Don't be surprised of someone was put in on the board or something to help that along
At that money its not borderline its crazy.
There's a pile of extra work to it anyway,but saying that it's a good feed. At that money it's borderline
Have a application gone into the local credit union this drib and drab re boi is going on months they look for information you provide and a week later they need something else and your back to square one again....
Credit union is actually partnered with ifac for the cultivate loan so my accountant is taking care of the application, I reckon the main banks are going to stop any meaningful degree of lending to dairying without crazy levels of security against it
I always have a motto ''business is business'', I never take anything like that personally. I found them excellent at times over the years and not so good at other times
I got my Mortgage from them for a self build in 1991 and the farm loan in 2002/2003. I moved the farm loan from them in 2005 as they were not willing to renegotiate the rate. We all might have been as well off if every bank had been as hard as them to negotiate with.
They may be over committed to Agri lending at present. Just move on if it suits but I would never be afraid to negotiate with them. Got an SCBI loan of them a year and a half ago no problem.
The biggest issue at present is a lot of government subsidized borrowing which is the cheap money is not for refinancing existing borrowing's that is the money coming in around 4-5%
Dont bother going to aib, most useless shower I ever dealt with
Same as DBK, €70. Its over 300 a tonne DM and a bit of a head scratcher as to whether it's worth it.
You couldn't be up to them, my aul lad is in the tourism industry and advised me that if your sector is going well, they're happy to lend, if it's under pressure they pull back.
I’m in at night last 10 days or so 6/7 grazings by day then that’s it ….frig all feeding in grass just want covers cleaned off …despite rain doing little damage .milk recorded during week …just over 16 kg milk 5.12 fat 4.1 p ….tgeres 6 to be dried off early next week aa they’ve nearly dried themselves anyway then will start drying jan calvers following week …seriously challenging year from milk price to weather to poor quality grass ,expensive poor quality dairy nuts and high running costs in general …at least milk price is turning
No idea price wise ....what are you being quoted . I'd say you are correct about herds drying off doesn't seem to be an apatite for milking on this year
On the beet factory side or the racecourse side? That floods! Ploughed the beet factory side for a few years many moons ago
Must be George R crew? Disappointing if it is..they should know better. Anyhow why plant maize on land prone to flooding.
Who is aidan
Got some delivered into the yard during the week. Washed and delivered €70.
You can get maize freely around me for 75 a tonne. Contractor pitting it because he can't sell it all. Still grazing by day here ... but for how long i don't know, huge struggle with winter milk. cows currently doing 22 litres @ 4.59f and 3.89 pr. gonna have to pull the plug on grass for a while soon i recon. only being used as a protein source at the moment.
65/70 washed and delieverd …..going to be a hard sell this year ..especially to dairy herds
