Business Briefing October 2020

Welcome to the October 2020 edition of the Farm Consultancy Group Business Briefing Newsletter.   In this issue you will find articles on What is the Value Your Milk Contract?, Magnesium. The Most Critical Mineral in a Cow’s Diet ,Forage & Straw Stocks and many more.

What is the Value Your Milk Contract? - William Waterfield (Andover)

Milk price is a key driver for a profitable dairy enterprise.  The range in milk prices is as wide now as it has ever been.  With most processors not recruiting suppliers at the moment, restricting the transfer of suppliers, many producers on poorly paying contracts have little option but to put up and shut up. Read more...

Uncertainty - Ian Browne (Stafford)

We are seeing a vast amount of uncertainty at present with weather issues, pricing problems and the shadow of Brexit looming over everything.  This seems to be true of every type of farming with both “Corn and Horn” suffering at the same time which is unusual. Read more...

Magnesium. The Most Critical Mineral in a Cow’s Diet – Wesley Habershon (Chippenham)

Calcium is the most important mineral for milk production but for bodily processes and the cow’s poor holding capacity, Magnesium is vital.  As we approach the shoulder of the grazing season magnesium reduces in fresh grass.  Spring calved herds on low feed rates and/or mineralised compounds are particularly low in supply of magnesium. Read more...

Activity Meters are they Worth the Investment at Calving? - Mark Yearsley (Sherborne)

Activity monitoring systems have been in use for many years as tools to manage breeding of dairy cattle.  In recent years, there has been a great increase in the number of activity monitoring systems available on the market.  Not only are there more options available, but they are used for more than a heat detection tool.  Read more...

Forage & Straw Stocks – Charles Holt (Lincoln)

2019-20, a dry summer followed a wet autumn and a very wet spring, so many producers entered this growing season with negligible stocks of forage.  In most parts of the country the weather has been a fickle enemy this year, difficult to predict and difficult to endure.  Read more...

Cow Energy, It’s a Balancing Act! - Mark Yearsley (Sherborne)

Balancing cow rations can be a challenge, but the basics are the foundation of animal wellbeing and production.

There are several factors when it comes to energy to consider: Read more...

From Adversity Springs Opportunity - Gerard Finnan (Sherborne)

I have written about this topic before but considering what has happened in the last six months with Covid it is worth another reminder.  Many businesses have been affected in different ways, some positively, some negatively.  I focus your attention on the dairy farmers who were forced to cut milk production and take reduced prices in April – June as their milk buyer was supplying the convenience end of milk market like coffee shops and airlines. Read more...

Fail to Plan and you Plan to ……? – Ian Browne (Stafford)

There has never been a more important time to plan and draw up realistic budgets that have been properly thought through.  The physical as well as financial parameters need to be examined carefully and recorded so that you can remember how you arrived at the answers. Read more...

Biodiversity Net Gain – An Opportunity for Landowners William Waterfield - (Andover)

Biodiversity Net Gain – An Opportunity for Landowners (article from Rob Wreglesworth of the Environment Bank) The need for biodiversity offsetting sites is due to sharply increase with the introduction of mandatory biodiversity net gain under England’s planning law, generating a new avenue of investment into the rural economy and into your land.  Read more...

Average Cost Dairy Labour, Power & Machinery Nearly £1000/Cow - Gerard Finnan (Sherborne)

From the recently published Cost Of Dairy Production Report to March 20 by FCG & Old Mill Accountants from the Wessex region, there is £563/cow (8ppl) difference or £81,072 on combined power and machinery and labour costs between the top and bottom 10% of dairy herds analysed.  The average is £982/cow. Read more..

Rake vs Merge? – Wesley Habershon (Chippenham)

Mergers have been about for a few years but a relatively new concept for the UK.

So, what is a merger? Read more...

Green Homes Grant Scheme - George Drewett (Chippenham)

A grant is available of a maximum of £5,000 to provide a voucher that covers two thirds of the cost of qualifying energy efficiency or low carbon heating improvements.

Primary measures include: Read more...

Planning Enforcement – Charles Holt (Lincoln)

Most farmers will probably never come into contact with planning enforcement, but I have had two new instructions to assist with enforcement cases on farmland in the last couple of weeks.  In both cases I have brought in planning consultants as well, so that we can present the best possible arguments at the forthcoming Planning Enforcement Appeals. Read more...

Greenhouse Gas – What a Stink! - Phil Cooper ( Sherborne)

There is an increasing interest from both government and the general public about greenhouse gas emissions from agriculture.  Whilst it is unfair to point the finger solely at agriculture as the villain, we do have a role to play in helping to reduce emissions on a national scale.  Read more...

Posted in Business Briefing.