The Jacksons, an experienced 50/50 sharemilking couple were on the move an hour to the north, committed to a contract, but not quite sorted.
Growing from 350 cows on system 1, to 550 on system 3. A step up to real scale, but a gap of 200 cows needing to be bridged.
Purchases from cash savings from the smaller job and their own animals out on lease covered 80, but by the time they contacted Herd Partners for a proposal they were committed to the job and an unfunded forward contract on the remaining 120.
Testing times, but the Jacksons were confident they were a good bet, and it would be the bank’s loss if they were forced to look elsewhere.
The Herd Partners proposal was with the Jacksons the day after the initial enquiry, and by day three, Herd Partners had stepped into the contract with PGGW.
Names have been changed to maintain confidentiality.
