Farming cost saving measures - ideas?

dryan

With all the cuts in farm payments - area aid, REPS, etc., what measures are farmers out there taking to basicially keep themselves in business?

With the cuts in Area Aid and Reps alone, i am going to be roughly 10K worse off this year.

Over the last number of years, in my own case the above payments have been reinvested into the farm as follows.
Machinery was purchased, Tractor upgraded, money reinvested in Farm upkeep.

Looking ahead, the following cost saving measures will have to be taken:

Zero reinvestment in farm machinery
Reduce local agri supplier bill by 50%
Reduce farm maintenance bill by 50%
Shop around (contractors, insurance, fuel)
Purchase farming goods up the north

anyone any ideas to add?

massey woman

Total de stock of all cattle - only losing money anyway-let the factories feel the pain of low kill
Sell hay/silage
Rent accommodation
Provide where possible herding service
Rent land
Sell or hire your new machinery
Sign on the dole
Be happy

bbam

massey woman wrote: »

Be happy

But would ya ??

massey woman

As Pee Flynn famously said on the difficulties of running 3 homes " try it sometime "and I am running outa time!
Cant take any more of the spiralling costs, weather and general doom and gloom in farming
I think I may be depressed

the_syco

Do you have cows or cattle? If not, and you have fields, cut the grass, and sell it.