Starting my farming career again

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Starting my farming career again

Feb 10, 2018 | 21:23 1 As you know gone from bto back normal size operation family farm.

Kinda got a blank sheet for machinery no trades to worry about except a sprayer. Looking at a new miller or rogator.

Anyway my first big ticket item is a seeding tractor have a modest programme of 2100 ha wheat barly canola and 500 ha vetch oats and feed for stock So 2600 it is, at this stage.

Tractor im looking at but havent eyeballed yet is 9530 jd with 2900 hours on it. 2011 build.
Anything to look for and ive never owned jd so is it correct i have to use jd filters jd oil etc etc kind of a closed loop? Oil surely not!!

Then looking at 60ft seedhawk second hand or 56 ft morris c2 second hand. seed hawk and morris i think both 2010 build.

Gotta start somewere get 2 years under my belt with these cracking high grain prices then i may upgrade.
yep sarcasm intended.

plus 1250 merino ewes 1200 8mth old wethers and ewes as well. Would love another 500 ewes but steady as she goes Reply With Quote
Feb 10, 2018 | 21:44 2 Don't buy a John deere if it has an Donaldson filter that is oval in shape with a flat face filter area ....it's fucking garbage.

The older style round filter with the bottom rubber squeeze dust grommet have better capacity and have simply more filter area.
Last edited by bucket; Feb 10, 2018 at 21:59.
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Feb 10, 2018 | 23:12 5 $230,000 plus gst of 23k

As traded on thursday hasnt hit dealer yet for tidy up

Presume you guys would pay what $170k for same thing
ps no auto steer have to add another 12 to 17k depending on trimble system i get Reply With Quote
blackpowder's Avatar Feb 10, 2018 | 23:27 6 These days being aware of tire expense on those rigs factors in. Reply With Quote
Feb 10, 2018 | 23:31 7
Quote Originally Posted by blackpowder View Post
These days being aware of tire expense on those rigs factors in.
will eye ball it when it arrives at dealers as to wether i purchase it or not but i would say there 60% Reply With Quote
blackpowder's Avatar Feb 10, 2018 | 23:45 8 They dont look like it in pics.
Dealers always rate high. Unless you can run em bald Done at %25
So 60% 2/3 done.
Are they R1s or R1Ws?
Check your beads for any wear or damage too. Power plus weight something slips. Sometimes bead depending on application. Ask your tire guy.
Assess your requirements of course as well. Also make damn sure weight ratios done right.
Just my own experiences. Reply With Quote
blackpowder's Avatar Feb 10, 2018 | 23:48 9 Curious, whats your pounds per horsepower needs? Reply With Quote
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Feb 11, 2018 | 03:14 11 apologies if you are not interested trying to get off politics and people.

Above is 2t ha budget ps i like to hope for 2.4t ha up to 3. And yes i realize these yields are pathetic in your eyes but land is worth $400 to 800 per acre higher value l;and would maybe average 3t

But budgeting always go lower.

Currently i can get $210 on farm for harvest dec 18 feed barley.

Can put up my wheat and canola if you wish but probably boring you shitless how i do things here in poverty corner.

May be confusing no freight on farm price and hopefully you understand the inputs

And i do not expect you guys to do the same if you want thats fine
Last edited by malleefarmer; Feb 11, 2018 at 03:23.
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Feb 11, 2018 | 03:16 12
Quote Originally Posted by blackpowder View Post
Curious, whats your pounds per horsepower needs?
not quite sure about question were in easy pulling country above tractor will pull 60ft seeder with 14000 lt cart Reply With Quote
Feb 11, 2018 | 03:17 13 can do sheep as well sheepwheat Reply With Quote
Feb 11, 2018 | 03:21 14 And before you pick holes in it made a couple of errors.

Avadex should be added at 2l per ha.
And a spike of possibly lontrel with mcpa.

And made a mistake with soa sulphate of ammonia zero

Will redo spreadsheet for ya some time make sure no bo boobs on wheat and canola spreadsheet Reply With Quote
Feb 11, 2018 | 03:27 15 As you can see frost comes along and lowers it to 1.2 t ha not much joy not even on sensitivity table.

Be interested if you guys view the figures and farming here as high risk.

Not a huge amount of fat for machinery repayments etc.

But but last 3 yrs yields have been 2.8t 3.4t and 2.3t ha so bit of a snap shot there Reply With Quote
Feb 11, 2018 | 08:21 16 Just having a quick glance I’d say you are in an area where land prices still make sense. Low cost low inputs low risk. Avg 2.5t at 200. Gross of 500. Close to profit of 200-250 hectare??? Land can be paid for in 10 years by itself.
No chance of that where I am. Land over 4000 per acre. Gross 5/600 per acre if it doesn’t drown..... Net 200 if it doesn’t drown out..... lucky to have land paid for in 30 years with interest rates where they are at. Reply With Quote
Feb 11, 2018 | 08:33 17 You have to pay gst on farm euip ?
Do you get it back ?
Is it 10% gst ? Any other sales tax ?
We have 5% fed gst and 6 % sask pst but a lot of farm stuff exempt or get it back (gst)
Last edited by caseih; Feb 11, 2018 at 09:04.
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farmaholic's Avatar Feb 11, 2018 | 08:45 18 It's interesting how everyone's profitability level is different. Our two highest expenses lately have been salaries(which can be easily adjusted, meaning I work for less money....I wonder how many operators/managers would take less pay from the arms-length company they work for if margins are tight?...because of issues beyond their control!) The other one is asset depreciation which is a bit of a phoney number....that number is quite real in the first 2-3 years after the purchase of a "new" piece of equipment, but if it's sold or traded later.....alot of times there's a net increase to the asset class it came out of based on the amount of depreciation expense used against it. Reply With Quote
GDR
Feb 11, 2018 | 11:49 19 Interesting to see your projection numbers. Things that caught my eye are MAP (around 550/t) quite a bit cheaper than ours. Fertility rates are super low, does it not pay to increase rates or you just limited by water? If you go with those rates why do you spread the application? Spread the risk I Assume incase crop expectations decrease?

If I wasn't so lazy I should do projections too, I would add interest, cost of land even if owned, crop insurance and repairs.

Are those machinery/acre costs going custom rates or just what you figure your costs are? They look like they'd pay our fuel but that's about it. Custom combiners around here are $45 plus per acre seeding around $20 and spraying around $8. (or $111/ $49 / $19 on a per hectare basis) Sounds high but you gotta cover a pile of acres to make it pay custom farming.

Incase anyone wondering looks like CAD and AUD are pretty much equal these days.

Thanks for the info. Reply With Quote
Feb 11, 2018 | 12:41 20 Thanks for the pick up gdr.
Dap its now $610 was done a while back.
Wage component is factored to a degree.

Rates taxes electricity car payments phone,machinery repayments, allsorts has be paid out of surplus so maybe not quite as rosy.

Dap may be increased to 60kg yet.

Urea always spread once crop is up and away 3 leaf stage onwards.

If year is shit and crop struggling may not be applied.
\ Reply With Quote
Feb 11, 2018 | 12:52 21 Now this ones gonna be interesting.
About 8kms away and my father was keen to buy it when it sold last time, was held in same family for about 40 years, but a known frosty area, was being run as a successful sheep stud a really good property.

Got sold during a run of droughts maybe 15 16 years ago a real goose bought who was in horticulture,absolutley stuffed the joint up. Covered in cooch grass Elymus repens. Water system for stock water stuffed fences partly removed alot of fallow done to control cooch grass alot of sand blowing.

Be interesting my tip it still may make $350 to 450 per acre. Land is really tightly held in our area

http://tailembend.eldersrealestate.com.au/rural/buy/property-cropping-sa-karoonda-707777 Reply With Quote
Feb 11, 2018 | 13:24 22 Someone asked GST yes 10% Reply With Quote
Feb 11, 2018 | 13:39 23 Wheat

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Feb 11, 2018 | 13:43 24 Now the poor figures always budget low Canola
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ajl
Feb 11, 2018 | 15:20 25 You listed a freight cost on canola while the profitability analysis was done with farm gate prices. Farming economics is better there than here. Land prices are so out of whack here and they have only begun their descent. Yields here, except by the coffee shop braggart and the local colony, are not that much above yours. You only hear about the best fields all the time and there are always those that drag the average down. Our county had the poorest crop since 2002, last year. 2002 was the poorest year in a long time for a wide region of east central AB. Reply With Quote
Feb 11, 2018 | 16:57 26 woops correct re freight.

My whirlwind tour of western canada and sorry if i offend anyone, crops did look poor around lethbridge or between medicine hat and lethbridge kinda looked like home.
presume some sort of rain shadow effect lethbrdge area mountains not that far away Reply With Quote
Feb 11, 2018 | 18:24 27
Quote Originally Posted by blackpowder View Post
They dont look like it in pics.
Dealers always rate high. Unless you can run em bald Done at %25
So 60% 2/3 done.
Are they R1s or R1Ws?
Check your beads for any wear or damage too. Power plus weight something slips. Sometimes bead depending on application. Ask your tire guy.
Assess your requirements of course as well. Also make damn sure weight ratios done right.
Just my own experiences.
they look pretty worn to me. Have you priced out new tires lately? Ouch! Reply With Quote
helmsdale's Avatar Feb 11, 2018 | 21:50 28
Quote Originally Posted by ajl View Post
Farming economics is better there than here. Land prices are so out of whack here and they have only begun their descent
Descent? Hell they're still going up here. Local BTO broke a large amount of regrass and you could see rabbits humping at a 1/4 mile out all summer... yet he still gathered the cash/investors to do a major expansion. Had I grown that crop the bank would be phoning me for money and not the other way around! Reply With Quote
Klause's Avatar Feb 11, 2018 | 22:13 29 Most places in the world have better economics than Canada as far as ag.


Why?


Because here the system is setup to extract maximum profit and leave us with the least.


Thanks to government intervention mostly. Reply With Quote
Feb 12, 2018 | 03:46 30 Not sure klause

Im just a bonehead from downunder but seems to me 2 main things that fucks you guys is freight and your narrow weather window for everything oh maybe three bad beer Reply With Quote