It's more or less passive income of around 35k
Each year I think it puts circa 5 euro on a cubic meter of powered cement, at the start of 2020 a bulk 28 ton tanker load delivered was costing a cement operation circa 3500 euro and today its nearly 7k, family members involved drawing bulker cement and would be chatting cement men regularly and they would tell you that before covid when cement was circa 70 incl vat 40 cube they where making a lot money then today selling it at 110-120incl vat for 40 cube, costs have just went banana's
With the rules and regulations in place now and the ballooning costs setting up a dairy farm from scratch would be virtually impossible. There was a time you could build up bit by bit but those days are long gone.
There is only one way dairying is going in Ireland and that is down. Lots of small and medium sized farms will exit in the next few years and the remaining lads wont be able to take up the slack.
But at least the remaining producers might be appreciated by the processors.
Theirs a huge variation in concrete quality between cement manufactures, know a couple of midlands based cement companies that went away from one supplier for cheaper stuff from up north coming out of Scotland and had to go back to original crowd as the northern cement was failing stress tests
The concrete we are pouring now is nothing compared to years ago quality wise
I agree with you about the carbon taxes but there is fair profiteering going on too. I still believe concrete is good value once you put it in the right place of course.
Is that investment income or from working a job, having a full time job with alongside milking would be tough going I only have to be in office 2/3 days a week and both my parents are farming full time so we roster the work if on your own and full time working with milking it would be some slog…
Concrete won't drop whatever about steel, theirs carbon taxes that are rising yearly placed on concrete, out to 2030, up is the only way it will go
You have to eat the elephant in small bites. There is no need to go out and buy a new machine when there are plenty lads throwing out good ones a few years old. We bought a new machine, shed and tank here in 2008 because it worked out well with the grants at the time. I remember the recession hit and the price of the machine fell by about 7k overnight. Think it was about 26k for a 12 unit delaval with jars and it pumps out about 500k litres a year no bother.
Everyone has their own way.Have off farm income here too that would cover the repayment no issues but I want the farm to pay its own cost as it will require the most amount of my time and labour milking will probably leave me 20-30k yearly better off than my current farming enterprises but when you take out the borrowings its a harder sell in your own head
China are cutting away back on the steel and concrete they were consuming. I'm hoping for a correction but sure time will tell.
Looking at buying land here at the moment would have payments at least that per year for 15 years but I’ll be working off farm the best part of another 10 years which will cover a lot of the payments and allow for further investment also. If I hadn’t the off farm job spending that kind of money wouldn’t be a runner.
Just can't get my head around paying 19k a year back to the bank for the next 10 years out of milking 60 cows whilst trying to make a decent margin per cow,can't see much room for further investment within that 10 years if needed also
I think you maybe right.a few years back I would have said that if you only had to borrow for either the facilities or the cows you d do ok but it's coming to the stage now that you d have to have 50 k in cash to invest as well for facilities even if you had the stock value.getting going in milking with little capital nowadays requires a very cost focused mindset and I would suggest you may have to sail very close to the wind with regulations and prepared to make sacrifices and worked very long hours.
Well that’s horse ****
my house cost 14 k for the plumbing, underfloor heating down stairs, rads up stairs and oil boiler. We bought sanitary ware outside of that but it didn’t cost anything near 60k
mine I do agree the air to water stuff or geothermal heating is mega bucks but I really can’t see the payback on them for what you’re paying
Can you get grant on that? What %?
This would knock it back considerably.
Forget ‘Pimp my Ride’, it’s like ‘Pimp my Parlour’ on here 😂
Unfortunately it's looking like I missed the boat to do the conversion here purely down to cost of materials,concrete prices are a crippler now compared to when most new entrants got in..Would have to repay €3300 per cow over 10 years to get setup here for 60 cows and baring derogation or renting ground I'd be stuck at that
Hard to see a correction to building costs coming. Unfortunately any other time a recession would reset costs to a degree but they were ones that also coincided with unemployment etc. Don't see that happening evebif there is a technical recession with housing stocks low and current difficulties with every area finding workers. Covid and the war have fcuked the show in that regard.
I think if you're thinking of doing work now is the time as these things aren't going to go down in price.
Ours is basic enough, we have meters, i assume your quote includes feeding system. I bought water heater and bulk tank elsewhere cheaper. We've acrs but we'd need them in our parlour.
Ok thanks lad my house cost 10k to plumb 12vyears ago im shocked wih the prices uv shown and fair play to u for being open we cud all learn from each other.
For 10/12/14 units second hand is worth considering.
Have a quote here from persons for a new basic 12 unit for €60k+vat,ACR's are 8k extra
Are you talking heating and ventilation included? Even at that that's still strong money
100% I think unless you’ve built or priced recently, you’d be forgiven for being out of touch with costs.
before starting out 350k is what we had in mind with rough estimates.
best thing we ever did though. So no regrets whatsoever
I paid over 3k for a water softener and uv system in my dairy a few years ago. Spent over 2k on a new hot water tank this year. Apparently it cost a minimum 60k to plump a new dwelling house, that info came from a plumber, I couldn’t believe it. That’s serious money, we’re in the wrong profession.
Look we went with the best plumber and future proofed it. Volume hose points throughout the shed. Booster tank and pump. Had to connect well on opposite side of yard. Heat recovery system to help with heating hot water.
could have done it cheaper for sure but done once and done right is a better way to go.
UV system if coming from a well maybe. Plus washdown tank and pump etc.
Could include water heater and softner, wouldn't be long building up. His electricity costs seem low enough too. Even to get someone to do that work is very difficult
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