Milk Price- Please read Mod note in post #1

frazzledhome

freedominacup wrote: »

The cover for that can went off in the recycling ages ago.

Lol:))

mf240

Ok so where im at now is im getting 3 cent less than i could get if i moved.

Glanbia will give me a half a cent of a top up, If i sign up for five years.

Do you think they will remain this far behind into the future??

atlantic mist

hope not!!
need a bit of faith it will all pull together when belview comes on stream but ud be worried after signing a 5yr contract the way the first year has went, if they cant manage a leading price then many more might jump ship

Cow Porter

Dairy market worsening ‘dramatically’ across Europe – European Milk Board http://www.agriland.ie/news/dairy-market-worsening-dramatically-across-europe-european-milk-board/

Where will it stop at and for how long? Anyone want to guess?

frazzledhome

Cow Porter wrote: »

Dairy market worsening ‘dramatically’ across Europe – European Milk Board http://www.agriland.ie/news/dairy-market-worsening-dramatically-across-europe-european-milk-board/

Where will it stop at and for how long? Anyone want to guess?

Actually reports of a hardening in NZ. Wouldn't know who to believe at this stage. I suppose it depends on whether you're talking to A glass half ful or empty sort

jaymla627

Cow Porter wrote: »

Dairy market worsening ‘dramatically’ across Europe – European Milk Board http://www.agriland.ie/news/dairy-market-worsening-dramatically-across-europe-european-milk-board/

Where will it stop at and for how long? Anyone want to guess?

Could be a blessing in disguise, if things get worse for say the first six months of 2015 their is going to be a massive amount of cows culled worldwide simply just to keep cash-flow coming in on dairy farms, along with a lot of the bigger dairies plans putting their expansion plans on the back-burner.
Not one dairy producer in the world can survive and run a sustainable long term business with milk at sub 28 cents a litre except the cases of china etc where the government is heavily subsidizing the sector, i reckon if lads can ride out 2015, that 2016 could see things turn around price wise

Milked out

frazzledhome wrote: »

Actually reports of a hardening in NZ. Wouldn't know who to believe at this stage. I suppose it depends on whether you're talking to A glass half ful or empty sort

I guess now is the time to see if the coops were serious or talking thru their holes with regard to our products hitting new markets to lessen the dependance on the EU market. I know other markets are also slow as well. The major issue is the us will be slower to pull back as grain prices are lower allowing their milk to be produced more cheaply than normal

whelan2

http://www.breakingnews.ie/business/irish-companies-used-luxembourg-deals-to-slash-tax-bills-649956.html

frazzledhome

whelan2 wrote: »

http://www.breakingnews.ie/business/irish-companies-used-luxembourg-deals-to-slash-tax-bills-649956.html

Hardly a surprise, good management. Nothing illegal

stanflt

whelan2 wrote: »

http://www.breakingnews.ie/business/irish-companies-used-luxembourg-deals-to-slash-tax-bills-649956.html

why do the likes of google ebay etc set up in dublin

loveta

stanflt wrote: »

why do the likes of google ebay etc set up in dublin

Because we are such lovely friendly people of course.. :D:D

frazzledhome

loveta wrote: »

Because we are such lovely friendly people of course.. :D:D

........and highly qualified graduates:)

atlantic mist

why is most of the butter in storage in the eu irish butter does anyone know?

Dawggone

atlantic mist wrote: »

why is most of the butter in storage in the eu irish butter does anyone know?

Really?? What % is Irish butter and how many tons ?

atlantic mist

8000-tonnes-irish-butter-eu-storage-aid-scheme
http://www.agriland.ie/news/8000-tonnes-irish-butter-eu-storage-aid-scheme/

rangler1

Cow Porter wrote: »

Dairy market worsening ‘dramatically’ across Europe – European Milk Board http://www.agriland.ie/news/dairy-market-worsening-dramatically-across-europe-european-milk-board/

Where will it stop at and for how long? Anyone want to guess?

Milk price dropped 11% in a month in England, and some farmers selling under contract can't renew their contract. spot price is as low as 18p/ltr

frazzledhome

rangler1 wrote: »

Milk price dropped 11% in a month in England, and some farmers selling under contract can't renew their contract. spot price is as low as 18p/ltr

The English system is something we need to be careful of. No quota lots of sheds TMR 9k cows and grass for recreation.

Massive costs and mainly fixed, milk price falls shyte hits fan. They go out of business as they can only sustain 2-3 mths, cute grass lads with the runt cows move in and make a killing.

Be very careful post quota

Dawggone

frazzledhome wrote: »

The English system is something we need to be careful of. No quota lots of sheds TMR 9k cows and grass for recreation.

Massive costs and mainly fixed, milk price falls shyte hits fan. They go out of business as they can only sustain 2-3 mths, cute grass lads with the runt cows move in and make a killing.

Be very careful post quota

The English "system" is a result of no quotas.
Start off with an average sized farm and xbreds, keep expanding, and you end up with sheds, hols,zgrazing etc.
It's the natural end to expansion UNLESS land is freely available.

mf240

Dawggone wrote: »

The English "system" is a result of no quotas.
Start off with an average sized farm and xbreds, keep expanding, and you end up with sheds, hols,zgrazing etc.
It's the natural end to expansion UNLESS land is freely available.

Its confusing turnover with profit. The hamster wheel effect.

mahoney_j

Dawggone wrote: »

The English "system" is a result of no quotas.
Start off with an average sized farm and xbreds, keep expanding, and you end up with sheds, hols,zgrazing etc.
It's the natural end to expansion UNLESS land is freely available.

Agree with that and it's happening as it is on many kiwi farms.land is and will be the new quota.costs can still be controlled as long as one dosnt loose focus.grow and utilise as much grass as possible and don't be afraid to feed meal to get over humps when they occur

Cow Porter

wouldn't know who to believe is right. truth is nobody knows

http://www.agriland.ie/news/fonterra-dairy-trade-auction-results-coherent-markets-stabilising/

frazzledhome

Dawggone wrote: »

The English "system" is a result of no quotas.
Start off with an average sized farm and xbreds, keep expanding, and you end up with sheds, hols,zgrazing etc.
It's the natural end to expansion UNLESS land is freely available.

The cute boys know when to stop.
The Kiwis now realise what they've let themselves in for, may be too late for some though

Dawggone

frazzledhome wrote: »

The cute boys know when to stop.
The Kiwis now realise what they've let themselves in for, may be too late for some though

Very hard to stop when the whole establishment,including the banks, are bleating the expansion mantra.

To me it's a lack of risk assessment.

loveta

Cow Porter wrote: »

wouldn't know who to believe is right. truth is nobody knows

http://www.agriland.ie/news/fonterra-dairy-trade-auction-results-coherent-markets-stabilising/

Was on here last night and reading the links that were posted then seen that one from agriland this morning and was thinking the same as youself "who knows"

whelan2

any word on October price yet?

trixi2011

rangler1 wrote: »

Milk price dropped 11% in a month in England, and some farmers selling under contract can't renew their contract. spot price is as low as 18p/ltr

A lot of different milk contracts in the uk, some of the solids based contracts are still at 28p a litre base for oct milk.

freedominacup

trixi2011 wrote: »

A lot of different milk contracts in the uk, some of the solids based contracts are still at 28p a litre base for oct milk.

There hasn't been any logic to the UK milk price for more than 20 years. They are net importers of dairy products and have been almost since quotas were introduced but yet manage to lag the price paid in many of the countries that export to them. It's hard to think of any other market where this is the case in any product. It's the most glaring example of supermarkets abusing their dominance combined with a very narrow product range being supplied by UK milk processors.

frazzledhome

whelan2 wrote: »

any word on October price yet?

Same as will Nov and Dec

Greengrass1

30.5 c for oct milk

red bull

Arrabawn price ?