Milk Price- Please read Mod note in post #1

Greengrass1

frazzledhome wrote: »

What was do controversial about his win?

Did you read the comments under the artical.
Begrudgery not only in ireland

C0N0R

Know the guy personally and know a few other people who know him, have worked for him and worked beside him, definitely a good farmer but all that glistens isn't gold, some of the comments wouldn't be 100% wrong.

frazzledhome

I don't know the guy a d even if I did wouldn't comment in an individual but the comments about the article are on the money.

I'd consider it vulgar in the extreme. The article would lead one to believe that the cows arrived in farm for free were sold and proceeds kept.

If I was in that position and looking to buy a distressed farm I'd by flying low under the radar and operating in the shadows.

C0N0R

I actually know the guy who bought the cows, must check with him to see what he paid and how he feels re the article!

kevthegaff

Very arrogant article allright

Greengrass1

Surely if wanting to buy a farm.having cows to stock it with would be ideal?
Unless they would be looking for a share milker to come in and stock it?

jaymla627

C0N0R wrote: »

I actually know the guy who bought the cows, must check with him to see what he paid and how he feels re the article!

if the cows are as fertile/productive/easy care as it seems to be I would call them cheap at 2,000, wouldnt see the logic in selling a herd like that and then having to turn around and buy back - in god knows what....

C0N0R

Greengrass1 wrote: »

Surely if wanting to buy a farm.having cows to stock it with would be ideal?
Unless they would be looking for a share milker to come in and stock it?

What some people will try and do is get debt free on a 1200 cow farm in a 50:50 scenario then use the equity in those cows to borrow to purchase a farm, I suppose if he can buy back cows at 1200 he will be on the pigs back so to say

Greengrass1

C0N0R wrote: »

What some people will try and do is get debt free on a 1200 cow farm in a 50:50 scenario then use the equity in those cows to borrow to purchase a farm, I suppose if he can buy back cows at 1200 he will be on the pigs back so to say

Definitely no flies on them I would say.
It's all business at the end of the day.

Good on them if they do it. That opportunity definitely would not be in ireland if they stayed

mahoney_j

Just read article and comments ,and Conor's comments .theres always 2 sides to every story ,begrudgery ,don't know .know nothing bout him but could be a right arrogant git who trampled on a lot of guys on way up.says a lot that no one in the area would even give him a 50/50 opportunity

RightTurnClyde

C0N0R wrote: »

What some people will try and do is get debt free on a 1200 cow farm in a 50:50 scenario then use the equity in those cows to borrow to purchase a farm, I suppose if he can buy back cows at 1200 he will be on the pigs back so to say

The makings of a pyramid scheme me thinks.

mf240

jaymla627 wrote: »

They may do something shortly with the volume of cows being factoried their at the minute and talk of lads factoring whole herds come Xmas when milk yields start to drop their national herd is going to be decimated, alot of farmers are in the proverbial s**t out their and are taking some drastic actions

The more cows they factory the better for us .

RightTurnClyde

mf240 wrote: »

The more cows they factory the better for us .

Big time...there seems to be a lot of talk of cows getting culled now at the start of their season, which is great news for us. That will take this years milk, next years (heifer)calf and the cow out of production. That will pull in the reigns for a few years.

yosemitesam1

How much debt would lads like that have?

keep going

Milked out wrote: »

Afaik there other businesses are doing well, synergy in the us are flavours I think and are going well so they may well be propping up the price for dairy side of the business and carbery are in Brazil as well. They have a good product mix as well in carbery. One of the lads West along may confirm that. Closer to ballineen than any dg plant myself

Fyi.carbery are out of brazil due to a change in the partner in the joint venture and the other businesses are doing well but I suspect the better price maybe due to cheeses tendency to lag behind in price movements .my sixpence worth which I think will not be appreciated is that the price drop has come just in time but it would have been better if it had come in 13 as it should only for chinas daftness.things were threatening to get out of control and people could walk them selves into serious trouble with the banks help but this will temper people.at this we all should realise that its not the price you are getting its your margin thats important and while you have spend on infrastructure it has to be low cost.im planning to milk 40%more cows in 2017 but it will be based on low cost wintering and keeping infrastructure spend to a minimum, maybe ill be doing things in an inefficient way but hopefully ill be in a solid postion by then

kowtow

Are we making ESL milk here
. If so where + how are farms capturing the profit? Wouldn't touch it myself but that's a liquid products that Ireland could export and where grass fed might just hold a premium. .

frazzledhome

kowtow wrote: »

Are we making ESL milk here
. If so where + how are farms capturing the profit? Wouldn't touch it myself but that's a liquid products that Ireland could export and where grass fed might just hold a premium. .

What's ESL milk?

kowtow

frazzledhome wrote: »

What's ESL milk?

Apparently is it extended shelf life (8-12 weeks?) milk which tastes like normal pasteurised milk (so pretty tasteless then...).

Sold as liquid milk, better than UHT, apparently has some great market share in Germany & US which surprised me, also some in NZ expect it to be the thing in the Chinese market. Its a bit more digestible than normal pasteurised milk probably because the proteins get smashed up by the higher temperatures.

anyway - it was a new one on me and i didn't know whether we were making it there. Strikes me as much easier to sell the premium value of Irish family farm milk if it hasn't just come out of a hi-tip bucket.

kevthegaff

Fat 4.22 pro 3.60 29.729 price, only for the solids! Cows at 20l going into aftergrass tomorrow, is it too late fora jump in yield?

mahoney_j

kevthegaff wrote: »

Fat 4.22 pro 3.60 29.729 price, only for the solids! Cows at 20l going into aftergrass tomorrow, is it too late fora jump in yield?

Great going Kev,well up in top 10%.28.98'here 3.88 fat 3.62 p I got depressed when I looked on the left hand side of statement and seen July 14 figures .sokids slightly better ,18 k Ltrs more but not a lot extra lodged to my bank account !!

Greengrass1

29.67 cpl
31.1 cpl after top up
4.33 bf
3.78 pro

wats the craic

Greengrass1 wrote: »

29.67 cpl
31.1 cpl after top up
4.33 bf
3.78 pro

so your real price is 29.67

Greengrass1

wats the craic wrote: »

so your real price is 29.67

Yes

Brown Podzol

kowtow wrote: »

I wonder Is that where the European farm accountancy data network gets the figures? .
I.e. the ones referred to in the teagasc 2011 report?

Probably from IFCN.

Here http://www.ifcndairy.org/en/news/DR2014_release.php

mahoney_j

Greengrass1 wrote: »

Yes

Why didn't you get top up ,shares??feel free to tell me to do one!!!

kevthegaff

mahoney_j wrote: »

Great going Kev,well up in top 10%.28.98'here 3.88 fat 3.62 p I got depressed when I looked on the left hand side of statement and seen July 14 figures .sokids slightly better ,18 k Ltrs more but not a lot extra lodged to my bank account !!

First time i made it this time of the year! Ya up 40% in milk produced but only up 10%+ in cheque inc sup deduction. Rumours going around something being done about superlevy, but me thinks hot air!

kowtow

kevthegaff wrote: »

First time i made it this time of the year! Ya up 40% in milk produced but only up 10%+ in cheque inc sup deduction. Rumours going around something being done about superlevy, but me thinks hot air!

I think they're going to be very careful of doing anything which amounts to a signal to keep producing.

It's moral hazard, if they provide a guaranteed safety net now we'll expect one the next time and the next.

After a while people will mistake us for bankers.

mahoney_j

kevthegaff wrote: »

First time i made it this time of the year! Ya up 40% in milk produced but only up 10%+ in cheque inc sup deduction. Rumours going around something being done about superlevy, but me thinks hot air!

Your correct ,hot air

friesian13

29.637 net 3.57p 3.93bf fixed price contract helped a little.

Greengrass1

mahoney_j wrote: »

Why didn't you get top up ,shares??feel free to tell me to do one!!!

Got top up.
Price was 29.67 before top up
31.1 after it.
Top Up was 1.43cpl

Same as yourself produced 18k more litres this July over last and not much more in the account.
39.5 cpl for july 14
@ 4.30 bf
And 3.74 pr.
Good to see the increase