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Growing the Business - Andrew Marchant
Manage episode 430838881 series 3404919
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In this podcast we hear from Andrew Marchant. He started on his tenanted farm, Clonhie Farm, with 12 ewes and worked off-farm in order to maximise income for the farm in the initial years to allow him to purchase stock and build up numbers on the farm quicker. As well as building up stock numbers he explored different enterprises, now having a herd of 65 pure Luing and Aberdeen Angus cross Luing cows, a flock of 850 ewes, 200 Aberdeen Angus cross dairy stores (purchased as weaned calves), and a deer herd. He also has a contract farming agreement in place which allows him access to another income stream. Andrew has continually expanded his business, gaining extra rented land nearby allowing him to build stock numbers further. His farming system is relatively extensive and low input with cows outwintered and ewes lambing outside. The cow and sheep genetics are improving from buying in performance recorded tups and ewes, and more recently, Andrew has started using wool shedding tups. He highlights the importance of turnover and cashflow to make his business work and he isn’t afraid to purchase inputs if he thinks he can make a profit from doing so.
Linked FAS Resources
Farm Tenancy Webinar - Andrew Marchant
New Entrants resources for farmers from Farm Advisory Service (fas.scot)
Agricultural Tenancies | Helping farmers in Scotland | Farm Advisory Service (fas.scot)
28 episod
Kongsi
