Contract rearing and selling everything else ASAP I presume
It's possible to milk a lot of cows on your own but u have to be lucky in certain aspects, not overly stocked(relying on zero grazing and buffer feeding) , low maintenance cows, contract rearing, good contractors, good hoofparer and vet, large milking parlour imho with feeders is an essential, short breeding season, get cows out relatively early, good facilities, selling beef calves at 2-3 @weeks, simple dosing and vaccination programs, decent machinery, not crossing main roads, decent fencing and water.
That's alot of stuff to fall into place
Ie perfect conditions and perfect everything. Year in year out 24/7....
That seems easy enough. The teagasc blueprint, 300 days at grass and a load of kiwi cross doing 400 kgMs. What could possibly go wrong....
I'd be more interested in profitability than milking alot of cows myself.
Foe once we are in total agreement
True and like any dairy farm a lot of problems!
I don't understand these heroes mad to milk large numbers of cows and claiming it's easy. Teachers work 22 hours a week and claim they work very very hard for example.
Another misinformation post from you where you are so keen to knock dairy farmers. Very few lads milking 60-70 cows have the big debt you love to shout about.
why do you keep sticking your oar into this thread seeing as you aren’t a dairy farmer, your almost daily posts in this thread stink of jealously to be honest. You love nothing better than looking down at the dairy lads and kicking them when they are down and shouting at them that they are doing it wrong.
Has it not clicked with you that 90% of posters on this thread ignore you.
Now that I think of it weren’t you the poster posting and laughing about your neighbour farmer on another thread in a real high horse way. You come across as a nasty busy body, the type most farmers would cross the street if the they saw your type approaching
22 classroom hours
No need for that now in fairness
No big tax bill. Have fairly good capital allowances for another 3-4 years and will be better again next year and the year after as I am putting in a 100' x 16'6" tank at the minute and will claim accelerated expenses.
Accountant tells me that a company is inevitable in 3-4 yrs time.
Ahhh ya they might do 8 more on average per week...... might. How many hours per weekend alone fo you spend farming
Teachers probably are in school 40 hours a week between teaching classes , supervising, correcting and other duties etc but yeah they probably only have 25 actual hours work in the week same as any 9-5 these days a lot of the day is spent killing time. You’d be spending 16 hours farming every weekend alone in fairness.
No money could pay you for teaching, dealing with parents of precious kids. Looks easy from the outside
Dont know if it was posted tirlan up 1.75cpl to 44.83 inc 0.5cpl sustainability bonus
At least its on the up, bloody hard trying to pay bills this and last year
What's the problem paying bills? With all the cows and all the advice you had earlier?
Couldn’t agree more. I think Bass has plenty to add for any farm discussion, be it dairy or beef. I don’t always agree but neither would I jump down his or anyone else’s throat about when the express an opinion.
Enjoy Bass posts myself, keep em posted
Anyone I see milking more than 150 themselves seem to have a father and mother still slaving away at home.
Every dairy farmer seems to be pushed into company structure these days, I do wonder is it less grief for the accountants regarding audits and farmer agro to reduce ttheir tax bill..
No outside farm income for us, hefty land and infrastructure Repayments, incorporating.
Are many guys and girls milking through the winter? Drying up early? Culling empty early?
Was listening to a fellow recently that went from 70 to 150 cows, but never increased the parlour, an old 8 unit with jars.
I changed the subject as I knew I would end up calling him a fuuucking idiot. Heading for 8hours a day in the pit. So I spoke to him about the price of houses for young people instead
How's the incorporating working ou?. I'd say I'm a year or two away from it myself.
Will dry up here at the usual time around the 20 th of December.
Have started finishing culls the last few years, selling crossbred cows out of parlour is a waste of time
"Very few lads milking 60-70 cows have the big debt you love to shout about."
And that is exactly the point. Many young lads took over farms with fairly adequate facilities for 60-70 cows maybe less maybe more. However they bought into the white gold and drew down a significant amount of debt. Often a significant amount of the investment was outside TAMS funding and set the farm up where continuing investment was required using topless cubicles, open milking parlours, avoiding supplementary feeding. Adaptation slowly of the previous system might have worked out better
It was a vicious circle of serious debt without an acceptance that regulations change. Farming.....indeed most production businesses require continual adaption.
One thing I can tell you it's not jealously, there are two farming systems I definitely would not do, milk cows or have sucklers. I would not be semi retired when I was in my late fifties if I was a dairy farmer. By the way heading g down to the holiday home in Kerry in a couple of hours time until tomorrow evening
I was complaining about what he was doing, he is related to my wife. I took three cows to a mart yesterday for him after advising him to factory them. He lost about 400 over factory price IMO. I lost half a day ar5eing around the mart and got a puncture and ruined a tyre of the in his yard.
Best advice is try to manage away without a company setup without over investing in machinery. Do a few projects around the house, tarmac the farm roadway if its not done already, pay you children wages, make sure both you and your better half have adequate pensions etc. A company set up is really a last resort and only when the high tax is hitting you for 30+k. Remember you may decide to give up the day job in ten years or so.
It a combination of that and more fees for the accountant. You accountant fees will at least double and probably treble. Instead of collecting 1000-1500 off you it will be 2-4k between your personal account and your audited company accounts.
You just need to find ways to spend money within the farming system. Remember tax is a transient issue. At some stage you need to get the lolly out of the company
Definitely should have stayed at 70 cows abd drystock, probably virtually the one land bank as well.
TThe Point I was making was that a lot of the one man band farmers, that have increased cows, haven't upgraded their facilities.
They may be better off financially increasing cow numbers but farming is a marathon not a sprint. One bad spring, trying to do all the jobs yourself can fuuuck you.
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