Business Briefing November 2020

Welcome to the November 2020 edition of the Farm Consultancy Group Business Briefing Newsletter.   In this issue you will find articles on Fresh Calvers, Countryside productivity amall grant scheme, The Real Value of Soil and many more...

Fresh Calvers Not Firing? Calcium Propionate or Problems with Propionate – Wesley Habershon (Chippenham)

This problem has been more apparent over the past year primarily as a response to 2019 Maize silage although it is often an underlying problem on many dairy farms regardless of yield expectations.  Clearly a higher yielding cow is affected more by insufficient glucose in transition and its subsequent recovery phase thereafter.  Read more...

Soya Meal & Palm Banned?? - Consider Prairie Meal for Bypass Protein or Added Lysine – Wesley Habershon (Chippenham)

I have used many ingredients in my time either as a nutritionist or on the family farm.  But 15 years ago, when I first used Prairie meal, I did see a significant improvement in yield, constituents, and fertility.  Like many things we must consider all other factors.  Read more...

“The Best Money I Have Spent in A While!” - Gerard Finnan

 It is nice to get praise or a compliment from a satisfied customer for a job well done.  When one is given the height of praise you have to prick your ears.  The praise was not for me, but for ex-agricultural bank manager Ed Warren who has been working for the Sherborne office for the past two years.  Read more...

Countryside Productivity Small Grant Scheme - Charles Holt (Lincoln)

The third round of the CPSG scheme was launched earlier this month, with a closing date of 4th November.  Claims must be made for the funds by 31st March 2021.  It is all being paid by standard costs, not quotations.  As with all grants,  Read more...

The “Real” Value of Soil - Robert Browne (Fisher German)

Soil as an asset has been overlooked for too long and industry has undoubtedly woken up to that.  It is the hot topic of the moment, and rightly so as it underpins everything we do; whether growing grass for livestock or planting seeds to grow grain or vegetables.  Read more...

Return on Capital vs Return on Equity? - Gerard Finnan (Sherborne)

People get these two financial terms mixed up continually and as a result end up a lot poorer sometimes.

Comparing:

  1. Buying a Buy to Let Property for £150k with £50k cash with a £5.5k profit after letting fees, insurance, interest charges and maintenance costs results in a 3.7% return on capital (£150k) and 11% return on equity (£50k).  Read more...

Successful Succession - James Shenton (Sherborne)

One of the most difficult things to deal with on farm is the issue of succession.  Whilst in the past there was an assumption that one of your children would take over the business from you, this now is less common and is complicated by various factors. Read more...

Simple, Quick Optical Intelligence for Milk – Wesley Habershon (Chippenham)

Artificial Intelligence (AI) can be used to simplify and reduce farm costs.  One particular development globally is the Milk SCC, Butterfat and Protein analyzer from Labby.

With payment for milk quality (typical SCC targets 200-250) and producers either paid for additional milk constituents or need to reach Read more...

Same Old Story! - Gerard Finnan (Sherborne)

A bank manager who viewed our Cost of Production webinar:  https://om.uk/insight/watch-it-back-milk-cost-of-production-report-qa/ recently commented that “ it was interesting to me that the key messages have not changed over the last 10 years.  The gaps between the top and the bottom of the performance tables remain. Read more...

Red Tractor Remote Audits - Emily Wynder (Sherborne)

As of 23rd October 2020, Red Tractor remote audits are still currently being conducted on farms where physical assessments are not possible.  I recently was asked to help a client produce and upload all the paperwork Read more...

Planning Conditions - Charles Holt (Lincoln)

Very often I find that a planning permission comes with significant ‘Conditions’.  As the word suggests, the existence of the planning permission depends entirely on the applicant fulfilling the requirements of the LPA – the ‘conditions’.  Read more...

EU Private Storage Aid - Charles Holt (Lincoln)

Despite us having left the EU on 1st January, we are still taking advantage of the Private Storage schemes in order to take commodities off the market.  At the end of September, the UK had 1,651 tonnes of butter in store, and 3,136 tonnes of cheese stored under the EU’s storage scheme.  There was no SMP in PSA.  This may be regarded as just a little cheeky…. Read more...

Posted in Business Briefing.