Confused??

20silkcut

How can we go from having a super levy fine in 2012 to abandoning of quota in 2015??

I have a shiny corporate brochure from glanbia in front of me entitled " a new model for post quota growth" and for some strange reason I am being transported back to 1999 and the eircom share sale and the same corporate re-assurances that things are going to be fantastic.

bob charles

20silkcut wrote: »

How can we go from having a super levy fine in 2012 to abandoning of quota in 2015??

I have a shiny corporate brochure from glanbia in front of me entitled " a new model for post quota growth" and for some strange reason I am being transported back to 1999 and the eircom share sale and the same corporate re-assurances that things are going to be fantastic.

things were fantastic when the eircom shares came out, if you were in the know about the profile of the company you made allot of money, but it caught allot of people that never held a share certificate in their life. Maybe it was a cheap lesson learned for some individuals. imagine if these people that never held shares before made a fortune they would have gone back and bought more shares and ultimately got hung for a sheep

Manoffeeling

The amount of cute people who lost their life savings in the last number of years is scary. Several suicides with elderly people in this area can be attributed to the bank crash.

tommylimerick

wow manoffeeling that is just shocking
makes me glad to be almost a hermit
the thing that i dont understand (as we wait for a deal on bank dedt)
that the people that took risks cant pick up the bill when they lose and we should all share it , but if their investment had worked out they would have got to keep the profits
kinda loike heads i win tails you lose

bob charles

oh if these people had won they sure wouldnt be sharing the pie, but when they loose we should all help them along. patience on the bank deal, German elections soon so Thatcher cant give too much away

Manoffeeling

Don't become too hermitised. A guy near us sold land at the height of the boom and bought shares in several Irish banks. He spent over 12 months in and out of a psychiatric ward. The best investment from a farming perspective, year on year, are cattle or sheep. I know, I know the bad years, but from someone who has got out of cattle, I now see how good an asset they actually are.

bob charles

Manoffeeling wrote: »

He spent over 12 months in and out of a psychiatric ward. The best investment from a farming perspective,

I was always told if you were having serious money problems a week inside was the only job :rolleyes:,

Manoffeeling

bob charles wrote: »

I was always told if you were having serious money problems a week inside was the only job :rolleyes:,

Maybe he could have been heading in their at some stage of his life, but the finances just triggered it.

pakalasa

I heard of a similar story of a guy that sold a good bit of land. He put off settling his tax on it and poured it all into bank shares,"Safe as Houses" he was told. So he ended up not only loosing everything, but owning a nice bit of tax too.

Timmaay

Going back to the original topic here, anyone remember this DVD? http://www.farmersjournal.com/store/productDetail.php?c=5&p=24, I think it was given out as a freebie 2yrs ago or so. I came across the copy of it that I had there today, decided to watch it there now. All I have to say is wow, the title should be "How to bankrupt the whole Diary industry in Ireland" One chap managed to spend 17000/unit on a rotary system, I don't think I'd envy him after this summer!

20silkcut

That's the thing where is the extra consumers of dairy products going to appear from if they are obviously not here now in 2012. Thousands of dairy farmers are planning on expansion after 2015. Where is the confidence coming from? Nothing wrong with confidence , it's great in fact but what is backing it up??

Manoffeeling

20silkcut wrote: »

That's the thing where is the extra consumers of dairy products going to appear from if they are obviously not here now in 2012. Thousands of dairy farmers are planning on expansion after 2015. Where is the confidence coming from? Nothing wrong with confidence , it's great in fact but what is backing it up??

A milk bubble?

kevthegaff

Manoffeeling wrote: »

A milk bubble?

jes sound familar:D

20silkcut

Remember Bertie ahern saying back in 2006/07 that "we need to build 20,000 new houses a year" there are shades of that about the current milk expansion plans. Farmers intending to expand and produce more milk for people who obviously ,as of super levy 2012, don't exist.
Am I looking at it too simplistically?

whelan1

20silkcut wrote: »

Remember Bertie ahern saying back in 2006/07 that "we need to build 20,000 new houses a year" there are shades of that about the current milk expansion plans. Farmers intending to expand and produce more milk for people who obviously ,as of super levy 2012, don't exist.
Am I looking at it too simplistically?

we just had this discussion here, like wtf foriegn markets in africa etc... how secure are these for 3 years away other countries are going to expand also i assume, we are only small fry here, why would these foriegn countries want our product over others?..... i also do not think there is going to be anywhere near the 60% expansion being pushed by them... if the farmer survey was taken now i am sure the results would be alot different and please explain to me why the plc is holding on to the liquid milk part

Markcheese

I suppose it all comes down to cost of production and demand... There is an increasing demand... But not at any price..
A low cost production model should make Ireland competitive on a world scale.. But if you're feeding loads of grain and hauling feed in and slurry out all year then the future ain't rosy with increasing diesel and energy costs...