The decision whether to elect for the herd basis may not be an easy one, for there will usually be a range of factors:
- Ìý
•ÌýÌýÌýÌý the greater the difference between the cost of animals in the herd and their ultimate market value, the greater the advantage of the herd basis. The difference will be greatest for pedigree beasts. There will usually be a useful difference in the case of a home bred, good quality herd. If, on the other hand, high quality beasts are bought in at full market prices, the difference between cost and market value is likely to be smaller, and the advantage of the herd basis correspondingly reduced
- Ìý
•ÌýÌýÌýÌý the larger the herd, the more important the question of the election may be
- Ìý
•ÌýÌýÌýÌý the stage of career of the individual farmer, and their plans for the future, will be
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 16:24