Hey fellow farmers,
Not sure where to start with this so it might be a bit all over the place. Posted here as wanted to keep my identity private from my username.
Myself and the father have been contemplating the last few years about getting into dairy.
We have attempted a few times but have got stuck on the building of the parlour. Whether to go second hand or applying throw the grant scheme.
I'm of the opinion of trying to start off fairly right, I.e decent parlour( doesn't need to be new), I'd like to start with as many cows as possible.(50-60) And I would like to be getting a wage from it. Be it very small, as I'll also be working elsewhere too. Hopefully getting when dad retires I will farm full time. Or max number of cows on our land would be 110-120. My idea means we will need to go to the bank for 80 to 100k to get started. Dad reckons we won't get. And if we do we won't be able to pay it back. There is no debt on the farm at present. I done up figures and I think we could well pay back but I could be missing something. I really don't want to get into this if I'm going to be a slave to the farm with bad equipment.
Dad is of the opinion we should start small 20-30 cows stay away from banks and put in a small parlour 6unit and tank for maybe altogether 5k now we also need to build a shed so don't know where money for that will come from.!
we would also disagree a lot and to be honest I do not trust him with figures so if we went ahead I would be looking after that stuff and dealing with a accountant/banks/advisors and dad would basically taking a back seat. I would be doing milkings and dad would do the bit of machinery work that's needed.
What would your opinions be on this?!
P.s could you redirect the dairy folk, from the dairy chi chat over here. Would love to get a few of there opinions on this ?