Milk Price III

Buford T. Justice XIX

Farmer Ed wrote: »

That's all very well, but is the senior Kerry rep accepting a pay freeze for the next ten years also?

Someone has to make the sacrifices, Ed.

I, for one, am proud that Kerry pays the leading milk price, on a like for like basis, once you leave out all those who pay more than Kerry, which is just about everyone else.

All hail our glorious Overlords!

Farmer Ed

Buford T. Justice V wrote: »

Someone has to make the sacrifices, Ed.

I, for one, am proud that Kerry pays the leading milk price, on a like for like basis, once you leave out all those who pay more than Kerry, which is just about everyone else.

All hail our glorious Overlords!

Maybe we should all just become monks and move to somewhere like Lough Derg. Sacrifice and fasting would at least be voluntary and praying should be way more beneficial for us than the colorful language we might often use when we open our milk statments. And worshiping God would be a much more logical and rewarding thing the do rather than worshiping the false Gods that are our overpaid overlords.

whelan2

jaymla627 wrote: »

But what about all the fixed price schemes/co-op support payments/milk flex/gap scheme loans etc etc, its pretty clear the Plc want our milk for the least possible price and hide behind the above to try and get away with paying the worst milk price in the country when all the above is stripped back, the only bright light about this new spin out is they won't dare cut our lag behind other processors till they get it over the line, then it will be back to corbally/bergin back to conditioning us for price cuts and how the markets are fragile/influx

I wonder will they also try and keep us all on side for when the MSA's are up ?

alps

alps wrote: »

Milk prices

I'm really surprised at the strength of the fonterra price. Who would have known.?

As to the validity of these figures, I do know that a farmer from each of the above processors sends a copy of his monthly statement to the organisers of the survey, so that it is first hand farmer info and not sent from the processor..

wats the craic

whelan2 wrote: »

I wonder will they also try and keep us all on side for when the MSA's are up ?

what do you think the new spin out in shares is for only buy off lads to sign up again .

Buford T. Justice XIX

alps wrote: »

I'm really surprised at the strength of the fonterra price. Who would have known.?

As to the validity of these figures, I do know that a farmer from each of the above processors sends a copy of his monthly statement to the organisers of the survey, so that it is first hand farmer info and not sent from the processor..

One of the reasons for the strong Fonterra price is that they are selling less through GDT and targeting higher margin products for their Milk through their own networks.

Waffletraktor

Buford T. Justice V wrote: »

One of the reasons for the strong Fonterra price is that they are selling less through GDT and targeting higher margin products for their Milk through their own networks.

And they have massaged their currency in fear of a shared ozzy bank crash.

alps

There will be an announcement about the time schedule for the milk reduction scheme, within the next 2 weeks. That means it's not coming in March...

Timmaay

Any sign of a Feb milk price? If ever I needed a nice 35c base price, and for the milk cheque to be lodged in the account on thur (before paddy's day ha!). Penniless at the sec and need to squeeze every last bit outa the small Feb milk cheque, I probably shoulda carried over afew more K from each of the autumn cheques instead of spending like there was no tomorrow ha.

Buford T. Justice XIX

alps wrote: »

There will be an announcement about the time schedule for the milk reduction scheme, within the next 2 weeks. That means it's not coming in March...

Are you surprised?:D

Over promise and under deliver seems to be the Dept motto atm.

Farmer Ed

Buford T. Justice V wrote: »

Are you surprised?:D

Over promise and under deliver seems to be the Dept motto atm.

I could be wrong about this but there is something in my head that says that payments for this scheme have to be made within 90 days. That would mean before the end of March. Don't ask me what the consequences for the Department might be if they fail to make that deadline?

whelan2

Timmaay wrote: »

Any sign of a Feb milk price? If ever I needed a nice 35c base price, and for the milk cheque to be lodged in the account on thur (before paddy's day ha!). Penniless at the sec and need to squeeze every last bit outa the small Feb milk cheque, I probably shoulda carried over afew more K from each of the autumn cheques instead of spending like there was no tomorrow ha.

31cpl, calf sales keeping me ticking over here

Buford T. Justice XIX

Farmer Ed wrote: »

I could be wrong about this but there is something in my head that says that payments for this scheme have to be made within 90 days. That would mean before the end of March. Don't ask me what the consequences for the Department might be if they fail to make that deadline?

The consequences probably mean that the money will be cut for farmers:(

Anyway, you're right, it has to be paid by the end of the month. I'd forgotten that.

Farmer Ed

Buford T. Justice V wrote: »

The consequences probably mean that the money will be cut for farmers:(

Anyway, you're right, it has to be paid by the end of the month. I'd forgotten that.

To be honest from what I know there is only a couple of lads in that office dealing it, and from what I gather from any dealings I have had with that office and from what I have heard back from people who have had dealing with them, they come across as pretty decent old skins. So fingers crossed they will do their best.

Not sucking up to the department or anything here. But Ill be very disappointed if those two lads will let us down.

Might come as a shock to some. But I would complain if I thought there might be a problem I really hope there wont!

Buford T. Justice XIX

Glanbia hold price, Carbery rise by 1.5c

http://m.independent.ie/business/farming/dairy/glanbia-holds-milk-price-and-announces-details-of-2m-seasonality-scheme-35526177.html?utm_content=buffer5dc22&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Also some details about a seasonality payment there too.

Mooooo

Dairygold held at 31. Feck em

Buford T. Justice XIX

Mooooo wrote: »

Dairygold held at 31. Feck em

Kerry hold at 31c as well.

http://m.independent.ie/business/farming/dairy/two-more-coops-hold-february-milk-price-35531678.html?utm_content=bufferc4789&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Farmer Ed

Buford T. Justice V wrote: »

Kerry hold at 31c as well.

http://m.independent.ie/business/farming/dairy/two-more-coops-hold-february-milk-price-35531678.html?utm_content=bufferc4789&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Unfortunately they usually try and keep pace with each other.

whelan2

Got my allocation for fixed price schemes 8&9 got 52% of what I applied for in scheme 8 and 29% of what I applied for in scheme 9. A lot more than what I normally get

whelan2

Timmaay wrote: »

Any sign of a Feb milk price? If ever I needed a nice 35c base price, and for the milk cheque to be lodged in the account on thur (before paddy's day ha!). Penniless at the sec and need to squeeze every last bit outa the small Feb milk cheque, I probably shoulda carried over afew more K from each of the autumn cheques instead of spending like there was no tomorrow ha.

Your wish is granted money in account today

orm0nd

Mooooo wrote: »

Dairygold held at 31. Feck em

actually the way markets are at present a price around 30/31 might mean better stability for the back end,

mahoney_j

orm0nd wrote: »

actually the way markets are at present a price around 30/31 might mean better stability for the back end,

+1

Keepgrowing

orm0nd wrote: »

actually the way markets are at present a price around 30/31 might mean better stability for the back end,

Have to agree. Markets are far from buoyant in recent times and the massive turnaround expected by some is slow to materialise. This is not bad as it tempers expectations yet is a fair bit better than this time last year.

The fixed schemes are looking more attractive every day.

RightTurnClyde

orm0nd wrote: »

actually the way markets are at present a price around 30/31 might mean better stability for the back end,

How do the low Irish prices stabilise the markets when the most of rest of Europe is getting 7+% more than us and the US is getting 10% more than us?
(Referring to Alps post #565 earlier)

cute geoge

Is there any where in the world getting a worse price for there milk is what i am beginning to wonder

Buford T. Justice XIX

RightTurnClyde wrote: »

How do the low Irish prices stabilise the markets when the most of rest of Europe is getting 7+% more than us and the US is getting 10% more than us?
(Referring to Alps post #565 earlier)

As kowtow posted in the last thread, the rest of the high price processors are investing in value added and consumer products while we are competing in the surplus milk market, where there is no R&D and the lowest price possible to sell in bulk.

cute geoge

Buford T. Justice V wrote: »

As kowtow posted in the last thread, the rest of the high price processors are investing in value added and consumer products while we are competing in the surplus milk market, where there is no R&D and the lowest price possible to sell in bulk.

I can not understand that so you are saying that all kerry's and glanbia milk is surplus milk.

Farmer Ed

Buford T. Justice V wrote: »

As kowtow posted in the last thread, the rest of the high price processors are investing in value added and consumer products while we are competing in the surplus milk market, where there is no R&D and the lowest price possible to sell in bulk.

But were we not told that the reason the investments made by some of our processors here over the past couple of years, that in some cases cost multiple times what would normally be expected, was because they were going to manufacture high end value added products? Hmmm?

Is it possible they might have been lying to us???

Now we hear stories that at least some of those overpriced structures will most likely have to be replaced because of faulty design.

Meanwhile better managed processors are under less pressure to pay a good price, resulting in everyone being effected.

Buford T. Justice XIX

cute geoge wrote: »

I can not understand that so you are saying that all kerry's and glanbia milk is surplus milk.

Powdered milk is surplus milk in most markets. It's what they do with milk that's surplus to their daily needs for value added products.

Buford T. Justice XIX

Farmer Ed wrote: »

But were we not told that the reason the investments made by some of our processors here over the past couple of years, that in some cases cost multiple times what would normally be expected, was because they were going to manufacture high end value added products? Hmmm?

Is it possible they might have been lying to us???

Now we hear stories that at least some of those overpriced structures will most likely have to be replaced because of faulty design.

Meanwhile better managed processors are under less pressure to pay a good price, resulting in everyone being effected.

They were telling the truth just not the whole truth. PLCs are almost obligated to purchase at least cost. And the benefit from the value added goes to the PLC and is distributed by dividend and not by milk price.

Get used to being paid just enough to keep your nose above water level would be my view on it.