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Can I buy milk quota for 2014

  • 23-03-2014 9:41am
    #1
    Registered Users, Registered Users 2 Posts: 42


    My neighbour is getting out of cows due to a bereavement and will be selling, or giving back, the quota to the coop. Could I buy it. The quota is around 200,000 litres and it would really set me up for 2015 and beyond. Anyone know what the rules are? Would it have to go back to the Co-op or could it be sold directly to me?


Comments

  • Registered Users, Registered Users 2 Posts: 11,534 ✭✭✭✭mahoney_j


    Fairly sure it goes back to coop unless land is been transferred with it.,open to correction though.last quota exchange results should be out soon so no other chance to buy


  • Registered Users, Registered Users 2 Posts: 42 B25


    Yea that's what I thought too but I was just hoping I would be wrong. I'll prob give Teagasc a ring next week and see what they say. No the land is not being transferred.


  • Registered Users, Registered Users 2 Posts: 11,534 ✭✭✭✭mahoney_j


    B25 wrote: »
    Yea that's what I thought too but I was just hoping I would be wrong. I'll prob give Teagasc a ring next week and see what they say. No the land is not being transferred.

    Try your local coop as they'd have a definitive answer


  • Closed Accounts Posts: 1,745 ✭✭✭whitebriar


    You could have a chat with your neighbour about going into a partnership with them.
    That would be one way of using their quota and might be something they'd like to do as it would continue some farming activity for a bit longer in their farm.
    They may be leaving it reluctantly.
    If you get on well with them,it's worth talking about and neither of you have anything to lose as you can clearly detail what you're comfortable with in a binding agreement as well as being safe in the knowledge that if you want out in 2015 or if you've just agreed this for a year,there will be no quotas.
    Hope that helps.


  • Closed Accounts Posts: 6,278 ✭✭✭frazzledhome


    whitebriar wrote: »
    You could have a chat with your neighbour about going into a partnership with them.
    That would be one way of using their quota and might be something they'd like to do as it would continue some farming activity for a bit longer in their farm.
    They may be leaving it reluctantly.
    If you get on well with them,it's worth talking about and neither of you have anything to lose as you can clearly detail what you're comfortable with in a binding agreement as well as being safe in the knowledge that if you want out in 2015 or if you've just agreed this for a year,there will be no quotas.
    Hope that helps.

    That's your answer, Teag will have no idea. Your milk manager is the one to speak to.

    Is there any you could be related to this person?


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  • Registered Users, Registered Users 2 Posts: 42 B25


    Not related no. Il def call the co-op and see what they say. Ill have to think about the partnership idea. That would be a big change for me. Tks for the advice.


  • Registered Users, Registered Users 2 Posts: 725 ✭✭✭6480


    the quota has to go back to the co-op and sold in its own milk pool and you get a chance to buy a % of the pool according to the demand at the time


  • Closed Accounts Posts: 2,296 ✭✭✭leg wax


    lad down here bought herd of cows from a man that was getting out and is milking away in the other mans parlour milk cheque handed over every month,will move cows on 1 april 2015 to his own new set up.


  • Closed Accounts Posts: 1,745 ✭✭✭whitebriar


    leg wax wrote: »
    lad down here bought herd of cows from a man that was getting out and is milking away in the other mans parlour milk cheque handed over every month,will move cows on 1 april 2015 to his own new set up.
    That's an alternative way of doing it and kind of what I had in mind for the OP.
    It's a partnership but not a conventional one.It would work.It avoids official department involve ment as such as you could set it all up as a 'management charge.
    Depending on the neighbours facilities too,it might be an opportunity for the OP to milk his herd on the neighbours machine whilst upgrading his home facilities.
    It's a great opportunity to lease the neighbours land too.
    Do the maths,work out a reasonable proposal that puts a worthwhile sum in the neighbours pocket whilst still advantageous to you.
    Have that chat!
    Approach it all carefully, diplomatically , gently and care-ingly though,because in times of bereavement, you could give off the wrong impression too easily and that would be that.
    Good luck.


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