Milk Price

blue5000

I was in Dunnes for a few groceries earlier today and they are selling 2 x 3L milk cartons for 4 euro. That's working out at 66 cent a litre, just how low can it go?

whelan1

blue5000 wrote: »

I was in Dunnes for a few groceries earlier today and they are selling 2 x 3L milk cartons for 4 euro. That's working out at 66 cent a litre, just how low can it go?

i said that 2 weeks ago:rolleyes: was in tesco tonight and meant to check the price of their 3l but i forgot:cool:

Tipp Man

Good job the huge majority of our milk is going abroad or these b######d supermarkets would have us out of business in no time

fasttalkerchat

blue5000 wrote: »

I was in Dunnes for a few groceries earlier today and they are selling 2 x 3L milk cartons for 4 euro. That's working out at 66 cent a litre, just how low can it go?

69p for 2L in lidl this week Usual price is 89p. I think its €1.09 at its regular price for 2L so thats cheaper than Dunnes.

arodabomb

whelan1 wrote: »

i said that 2 weeks ago:rolleyes: was in tesco tonight and meant to check the price of their 3l but i forgot:cool:

Tesco 3L cost me 2.19 this morn, so 73 cent/L. The 2L one is 1.49 and I think the 1L is 75c.

Timmaay

Tipp Man wrote: »

Good job the huge majority of our milk is going abroad or these b######d supermarkets would have us out of business in no time

Us liquid milk lads aren't having fun this winter though , but overall we are lucky not be in the very same position as the UK dairy suppliers at the minute!

bob charles

every cloud has a silver lining, my spend on milk has decreased rapidly so now I can smoke more fags, happy days

whelan1

supervalu is €2.19 for 3 litres milk

Tipp Man

Timmaay wrote: »

Us liquid milk lads aren't having fun this winter though , but overall we are lucky not be in the very same position as the UK dairy suppliers at the minute!

No doubt it's going to be a tough winter for ye in winter milk

Would get rid of the cows i think before i'd do winter milk

whelan1

€1.49 for 3 litres of "dale farm" milk in dealz in drogheda:mad::mad::mad::mad::mad::mad:

veetwin

whelan1 wrote: »

€1.49 for 3 litres of "dale farm" milk in dealz in drogheda:mad::mad::mad::mad::mad::mad:

A few questions
(1) how come it's so cheap?
(2) where is it coming from?
(3) is there any reason to buy the more expensive branded milk over the cheap stuff?

Timmaay

Much more of this and it wont be long before we start buying it all up, and pour it into ourown bulk tanks for collection!

Conflats

veetwin wrote: »

A few questions
(1) how come it's so cheap?
(2) where is it coming from?
(3) is there any reason to buy the more expensive branded milk over the cheap stuff?

1 Supermarkets have the power
2 Dale farm is from NI
3 I would buy the branded such as avonmore down to the fact the supermarket own brand is only a way to screw the producer from what i can see

Manoffeeling

Conflats wrote: »

1 Supermarkets have the power
2 Dale farm is from NI
3 I would buy the branded such as avonmore down to the fact the supermarket own brand is only a way to screw the producer from what i can see

But glanbia screw the producers

whelan1

was 99c for 2litres aswell

veetwin

Conflats wrote: »

1 Supermarkets have the power
2 Dale farm is from NI
3 I would buy the branded such as avonmore down to the fact the supermarket own brand is only a way to screw the producer from what i can see

1. Yes but cheap milk is available in every corner shop and petrol station around me at least.
2. So I'm assuming the milk is produced to similar standards as the branded milk. Also does the NI farmer get paid significanntly less than his southern counterpart?
3. I thought the southern dairies also screwed their milk producers? Why then should I reward the more expensive milk company while paying more for a household staple?

Is there anyone else confused?

Tipp Man

veetwin wrote: »

1. Yes but cheap milk is available in every corner shop and petrol station around me at least.
2. So I'm assuming the milk is produced to similar standards as the branded milk. Also does the NI farmer get paid significanntly less than his southern counterpart?
3. I thought the southern dairies also screwed their milk producers? Why then should I reward the more expensive milk company while paying more for a household staple?

Is there anyone else confused?

1. The price is low in corner shops etc as the supermarkets are the price setters. Would you pay double the price for milk in a corner shop on a regular basis? So not only are the supermarkets screwing the farmers and the processors they are screwing the corner shops also who are generally luck to break even on it

2. yes paid less - see the milk protests in the UK over the last few months - dairy farmers going to the wall at a rapid rate over there

3. Sorthern farmers getting screwed but not as bad as their northern counterparts

veetwin

Tipp Man wrote: »

1. The price is low in corner shops etc as the supermarkets are the price setters. Would you pay double the price for milk in a corner shop on a regular basis? So not only are the supermarkets screwing the farmers and the processors they are screwing the corner shops also who are generally luck to break even on it

2. yes paid less - see the milk protests in the UK over the last few months - dairy farmers going to the wall at a rapid rate over there

3. Sorthern farmers getting screwed but not as bad as their northern counterparts

1. Yes but it's only in the last couple of years that cheap milk has been available in the local shops. Up to then people were quiet happy to pay more for the convenience. It's not really the supermarkets fault if small local shops decide to try to compete with them on price. If their lucky to break even they might as well go back to selling the expensive stuff and take a nice margin.

2. Wasn't there a farmers protest in Dublin in the last few weeks. i.e. Farmers protesting is really an accurate indicator of reality. These protests of late have turned into "look how big and shiny and new our tractors are!"

3. If all these southern farmers are getting screwed why is every farmer rubbing his hands and talking of huge expansions when the milk quotas are abolished?

Conflats

veetwin wrote: »

1. Yes but it's only in the last couple of years that cheap milk has been available in the local shops. Up to then people were quiet happy to pay more for the convenience. It's not really the supermarkets fault if small local shops decide to try to compete with them on price. If their lucky to break even they might as well go back to selling the expensive stuff and take a nice margin.

2. Wasn't there a farmers protest in Dublin in the last few weeks. i.e. Farmers protesting is really an accurate indicator of reality. These protests of late have turned into "look how big and shiny and new our tractors are!"

3. If all these southern farmers are getting screwed why is every farmer rubbing his hands and talking of huge expansions when the milk quotas are abolished?

From what I've read in the papers the liquid milk farmer is getting it thougher and its the manufacturing milk supplier which is talking of expansion because we only need a certain proportion of fresh liquid milk for direct consumption

snubbleste

Given that milk price to farmers has fallen, why has milk price remained static in the supermarket?
2l is still €1.49, yet in the UK it's €1.00

Timmaay

Maybe the fact that milk is cheaper than bottled water has something to do with it.

snubbleste

This is from the UK in December. 4pts = 2.27l
Are the Irish supermarkets pocketing the difference instead of passing it on to the consumer?

frazzledhome

snubbleste wrote: »

This is from the UK in December. 4pts = 2.27l
Are the Irish supermarkets pocketing the difference instead of passing it on to the consumer?

Simple answer, yes

alps

frazzledhome wrote: »

Simple answer, yes

The above example shows UK prices ranging from 30c/L to 47c/L. .Makes you wonder if we are being spun a story by our own industry with the story of how lucky we are to have our coops holding up price, keeping us safe from volatility...and we're so blessed to even have someone to take our milk. And for those of you holding out on signing contracts....better do so immediately or else...

frazzledhome

alps wrote: »

The above example shows UK prices ranging from 30c/L to 47c/L. .Makes you wonder if we are being spun a story by our own industry with the story of how lucky we are to have our coops holding up price, keeping us safe from volatility...and we're so blessed to even have someone to take our milk. And for those of you holding out on signing contracts....better do so immediately or else...

Are you serious. 400 farmers have no one to collect their milk today, tomorrow or yesterday.

First Farmers told to wait for cheque as coop has cash flow issues, can't move no one to take them

% of UK farmers on good contract with Tesco etc but are in dread of when contract gets renegotiated

A large cohort going out if contract in April will then be in the bargain basement for price

This is as a result of lack of investment, farmers running to the highest payer based on spot prices. Total focus on consumer products leaving themselves totally exposed to below cost selling. Supermarkets sell more than milk unfortunately

I think Irish processors and farmers are lucky when this dip hit as supplies were falling off. Most will carry very little stock into this spring because of prudent pricing

All coops are subsidising milk price as market isn't returning the price at the moment.

I presume your mention of contracts is to do with GIIL and their requirement to have one signed?

We as shareholders have invested €200m in up grading facilities so not unreasonable that a commitment be given to supply.

€33m to be paid out in 2015 to shareholders who've signed a MSA, subject to SGM approval. A % of this will be paid to grain farmers and €5 per tonne on all feed and fert. If that's not a coop working the way it should I don't know what it is. Anyone without a MSA must be very comfortable when they can leave this kind of money on the table

All other coops are doing something similar and so they should that's exactly how they should operate.

Give me the Irish structure over any other any day of the week. Yes there are things that can be improved and the best way to do that is to get involved

stretch film

so any opinions on how much of this distressed milk will be making its way this side of the irish sea.

scope on the processing side here to deal with extra vol. quality standards paramount but not all end product requiring full bbia assurance.

Findo article last week was rehashed from earlier in the year when it didn't get the reaction they hoped.

frazzledhome

http://www.farmersjournal.ie/boost-for-dairy-markets-as-fonterra-cut-production-forecast-173608/

frazzledhome

http://www.agriland.ie/news/international-demand-dairy-products-bottomed-markets-starting-improve/

keep going

frazzledhome wrote: »

http://www.agriland.ie/news/international-demand-dairy-products-bottomed-markets-starting-improve/

Maybe hes right but it s a hell of alot better than reading misery all the time

Cow Porter

How long ago was it that media was saying the exact opposite, just goes to show no one knows! 3-4 months is stretching a milk price prediction as too much can happen

freedominacup

Glanbia paying for Jan, Feb, and Mar milk in full regardless of quota position.

jaymla627

freedominacup wrote: »

Glanbia paying for Jan, Feb, and Mar milk in full regardless of quota position.

Its a good move on their part to ensure lads don't go dumping milk, the superlevy fine has to be payed by september so is being deducted from apr to august milk cheques.
Would probably be better long term if they didnt pay out on superlevy milk cause you just know a certain % of over-quota lads are going to drive on feb/march production to help cashflow, with the same lads crying when they realise how small their cheques for the summer months are going to be...

kowtow

I think US production in 2015 is going to be important.

Also interesting to see what actual vol. increases post quota in EU turn out to be...

we might as well know where our competition is going to come from, while we all work out whether or not China actually is willing to employ half the world's cows..