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Milk Price III

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Comments

  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2


    OverRide wrote: »
    http://www.farmersjournal.ie/gdt-declines-by-3-9-in-first-auction-of-2017-246148

    Not according to the comic and the IFA
    That auction was up in enough areas to support a 36c/l price EXCLUDING vat

    So Glanbia,how about another 7c/l base please instead of your 30 or 31c cod of a fixed price thanks
    Give us what you get less a reasonable GIIL margin i.e. 36c/l plus vat thanks?
    so will there be an increase for December price?


  • Registered Users, Registered Users 2 Posts: 5,094 ✭✭✭bogman_bass


    Where are we with all the intervention stocks that were bought up last year. Is that being dumped on the market yet?


  • Registered Users, Registered Users 2 Posts: 532 ✭✭✭wats the craic


    Where are we with all the intervention stocks that were bought up last year. Is that being dumped on the market yet?
    They tried to sell it but the it failed to attract the price they were looking for it and redrew it from tender .


  • Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    They have a base price that they won't sell under and only 40 tonnes was sold in the first tender and none in the second tender. So while it's still overhanging the market, they seem determined it won't be sold too cheaply to undermine the market. Apparently it has a storage period of around 18 months before it's discounted from food grade to animal grade so they have a bit of time left yet to sell it


  • Registered Users, Registered Users 2 Posts: 21,809 ✭✭✭✭Water John


    With better packaging, powders will last longer now than when in intervention in the older days.


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  • Registered Users, Registered Users 2 Posts: 7,920 ✭✭✭freedominacup


    Water John wrote: »
    With better packaging, powders will last longer now than when in intervention in the older days.

    Nothing to stop them turning over stocks either.


  • Registered Users, Registered Users 2 Posts: 5,094 ✭✭✭bogman_bass


    Nothing except will they buy it at the original intervention price?


  • Registered Users, Registered Users 2 Posts: 7,920 ✭✭✭freedominacup


    Nothing except will they buy it at the original intervention price?

    Doesn't matter as long as what they buy isn't costing them any more than theybate getting for whatever they have to sell. Iirc the last of the 2009 intervention didn't wash out completely until 2012.


  • Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX




  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2


    Doing the figures for my profit monitor, milk prices/ cheques were fairly dire this time last year


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  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    whelan2 wrote: »
    Doing the figures for my profit monitor, milk prices/ cheques were fairly dire this time last year

    What price did you get for the year?


  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2


    What price did you get for the year?
    I am waiting on my December Price :)


  • Registered Users, Registered Users 2 Posts: 11,396 ✭✭✭✭Timmaay


    What price did you get for the year?

    I can't remember what I got for the year, but milk sales were only 3% down on the previous year, on only about 4% more litres sold. However huge increase in solids with our changed supply pattern, ie a lot more milk off grass and less low solids milk off silage. Aka improved efficiency inside the gate saved our bacon this year.


  • Registered Users, Registered Users 2 Posts: 7,920 ✭✭✭freedominacup


    Timmaay wrote: »
    I can't remember what I got for the year, but milk sales were only 3% down on the previous year, on only about 4% more litres sold. However huge increase in solids with our changed supply pattern, ie a lot more milk off grass and less low solids milk off silage. Aka improved efficiency inside the gate saved our bacon this year.

    Your solids must've been shocking. 20% more milk sold here to not quite maintain output.


  • Registered Users, Registered Users 2 Posts: 306 ✭✭Coolfresian


    Very dissapointed with glanbias milk price for december. Will definitly be handing in my notice next year now.


  • Registered Users, Registered Users 2 Posts: 8,609 ✭✭✭Mooooo


    Very dissapointed with glanbias milk price for december. Will definitly be handing in my notice next year now.

    What is it?


  • Registered Users, Registered Users 2 Posts: 8,609 ✭✭✭Mooooo


    15% more milk sold and less money than previous year. I think it will come in around 29 or just below it average for the year will see when Dec cheque comes in. That's including winter bonus.


  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2


    Mooooo wrote: »
    What is it?
    30 cpl, no co-op support for a change


  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2




  • Registered Users, Registered Users 2 Posts: 11,396 ✭✭✭✭Timmaay


    whelan2 wrote: »

    Once he started to sell the fixed price schemes I gave up reading. Usual talking things down then try sell ya something sales pitch ha. Still batting the "low input" tagline on us grass based suppliers, when we all know it's a case of "can work for free, using our free land" when the prices are ****e ha.


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  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    Mooooo wrote: »
    What is it?

    Glanbia Dec milk price of 30 cpl. GII price up 1 cpl to 30 cpl. No Co-op support payment to Members this month. Read more: http://bit.ly/2j7MiKK


  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    Timmaay wrote: »
    Once he started to sell the fixed price schemes I gave up reading. Usual talking things down then try sell ya something sales pitch ha. Still batting the "low input" tagline on us grass based suppliers, when we all know it's a case of "can work for free, using our free land" when the prices are ****e ha.

    IFA: Slight correction on December Ornua PPI - 103.8 pts is equivalent to 29.27c/l + VAT (30.8c/l incl VAT).

    I'm not expecting a massive jump in price for the first half of this year. Don't rubbish the fixed price just yet would be my thoughts. They're aren't any indicators that price is going to rocket in the short term

    Most processors flowing the fixed price line at this stage and their members seem to like it also.


  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    Very dissapointed with glanbias milk price for december. Will definitly be handing in my notice next year now.

    It's a good idea to hand in notice and at least open that option. Where would you consider going?


  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2


    It's a good idea to hand in notice and at least open that option. Where would you consider going?
    Will Brexit affect the northern lads buying milk in the south? If you hand in your notice do you have to follow through and do you have to tell glanbia where you are going


  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    whelan2 wrote: »
    Will Brexit affect the northern lads buying milk in the south? If you hand in your notice do you have to follow through and do you have to tell glanbia where you are going

    The problem with Brexit is the uncertainty and as far as I can tell nobody knows how it's going to go least of all the Brexit champions.

    I can't answer about having to leave but I doubt it.

    I doubt you'd need to tell where going, what business of theirs could it be


  • Registered Users, Registered Users 2 Posts: 11,545 ✭✭✭✭mahoney_j


    whelan2 wrote: »
    Will Brexit affect the northern lads buying milk in the south? If you hand in your notice do you have to follow through and do you have to tell glanbia where you are going

    The biggest problem may be finding another supplier outside of maby strathroy to take u in


  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    mahoney_j wrote: »
    The biggest problem may be finding another supplier outside of maby strathroy to take u in

    Are Arrabawn not raking suppliers?

    How did you fare on your milk price this year?


  • Registered Users, Registered Users 2 Posts: 11,545 ✭✭✭✭mahoney_j


    Are Arrabawn not raking suppliers?

    How did you fare on your milk price this year?
    From what I can gather we or any other processor may like to take in more suppliers but there maby an unofficial gentlemans agreement back again .dosnt make sense for us to be trucking milk from Carlow Wexford ,Kilkenny et all to Nenagh and reverse applies to glanbia .once decembers cheque cashed next week price for 16 will be good side of 28.5 cent ,no winter bonus ,fixed scheme


  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2


    mahoney_j wrote: »
    The biggest problem may be finding another supplier outside of maby strathroy to take u in
    Yes thats the biggie, If even half the people who are talking about handing in their notice actually do leave where will they go?


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  • Registered Users, Registered Users 2 Posts: 21,809 ✭✭✭✭Water John


    Well its going from Wexford to NI and back down again. The processor collecting it is the processors issue. Distance is overrated as an issue.


  • Registered Users, Registered Users 2 Posts: 6,135 ✭✭✭kowtow


    Water John wrote: »
    Well its going from Wexford to NI and back down again. The processor collecting it is the processors issue. Distance is overrated as an issue.

    When processors move milk a long distance it is adding value.
    If farmers did it, it would be inefficiency.


  • Registered Users, Registered Users 2 Posts: 5,223 ✭✭✭alps


    VAT rate increase to 5.4% on Jan 1st.

    If a supplier holds their vat inclusive milk price, does it mean in effect that they in fact dropped...small....but miserable..

    Could be that old vat rate is paid on December milk...


  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    mahoney_j wrote: »
    From what I can gather we or any other processor may like to take in more suppliers but there maby an unofficial gentlemans agreement back again .dosnt make sense for us to be trucking milk from Carlow Wexford ,Kilkenny et all to Nenagh and reverse applies to glanbia .once decembers cheque cashed next week price for 16 will be good side of 28.5 cent ,no winter bonus ,fixed scheme

    30c here without winter bonus. I thought reading your posts each month that Ye'd surely beat GII ;)

    Natural gas and all ;)


  • Registered Users, Registered Users 2 Posts: 8,609 ✭✭✭Mooooo


    30c here without winter bonus. I thought reading your posts each month that Ye'd surely beat GII ;)

    Natural gas and all ;)

    Would your winter bonus add much to the overall figure,? adds about 1.15c here over last year's supply. Another reason to scratch my head


  • Registered Users, Registered Users 2 Posts: 21,809 ✭✭✭✭Water John


    Not sure of this 90 day notice lark by ICOS, between Coops, to protect their big friends. That's the only Gentlemans Agreement that might be hanging around.


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  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2


    Water John wrote: »
    Not sure of this 90 day notice lark by ICOS, between Coops, to protect their big friends. That's the only Gentlemans Agreement that might be hanging around.

    2years notice should cover that


  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    Mooooo wrote: »
    Would your winter bonus add much to the overall figure,? adds about 1.15c here over last year's supply. Another reason to scratch my head

    Adds 2c but as numbers grow it will become less significant. Within 4--5 years we will be out of winter unless we are allowed and then decide to buy liquid contract


  • Registered Users, Registered Users 2 Posts: 5,223 ✭✭✭alps


    Adds 2c but as numbers grow it will become less significant. Within 4--5 years we will be out of winter unless we are allowed and then decide to buy liquid contract

    What percentage of your herd calving in autumn would you consider optimum if you had freedom to produce liquid milk? How much better profit wise could you see yourselves than all spring milk?


  • Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    whelan2 wrote: »
    Will Brexit affect the northern lads buying milk in the south? If you hand in your notice do you have to follow through and do you have to tell glanbia where you are going
    I was involved in a discussion on that this week. NI simply won't have enough processing capacity to process even half their milk. So if a hard Brexit happens, last year will look like a feast for milk suppliers in the north. There is one decommissioned plant in NI (owned by Lakeland, iirc) that could be opened with little cost but then you have low solids milk being dried as the vast majority of cows in NI are bred for volume.

    Then the issue of ROI milk going to Strathroy and coming back will have to be dealt with and Natural Dairies milk supply to Dunnes own-brand milk coming under pressure as well.

    As one lad put it, it took 3 years discussion for Greenland to leave the EU and there was only fisheries policy at stake there. With many thousands of issues to be agreed between the UK and EU, the discussions will probably take years to be agreed.


  • Registered Users, Registered Users 2 Posts: 11,545 ✭✭✭✭mahoney_j


    30c here without winter bonus. I thought reading your posts each month that Ye'd surely beat GII ;)

    Natural gas and all ;)

    Aghh but sure you've super duper x breds !!,take off coop top ups and fixed price scheme how do things look ,id of took 28.5 and an average price last January


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  • Registered Users, Registered Users 2 Posts: 6,135 ✭✭✭kowtow



    As one lad put it, it took 3 years discussion for Greenland to leave the EU and there was only fisheries policy at stake there. With many thousands of issues to be agreed between the UK and EU, the discussions will probably take years to be agreed.

    The customs union between the UK & Ireland predates the EU by centuries, if you count the years of British rule & / or union.

    Irish politicians would do well to remember that, and to make Irish voices heard rather than singing a little tune for the big boys in Brussels.

    Had the Irish people been asked, at the time of the Lisbon vote, whether they were prepared to sacrifice their largest trading partner on the altar of European Union I suspect they would have needed a few more referenda to get a Yes.


  • Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    kowtow wrote: »
    The customs union between the UK & Ireland predates the EU by centuries, if you count the years of British rule & / or union.

    Irish politicians would do well to remember that, and to make Irish voices heard rather than singing a little tune for the big boys in Brussels.

    Had the Irish people been asked, at the time of the Lisbon vote, whether they were prepared to sacrifice their largest trading partner on the altar of European Union I suspect they would have needed a few more referenda to get a Yes.
    That has no bearing on the discussions, though. What matters is that the UK is our biggest trading partner, taking some 40% of Ag production and some 30% of our total production and they can replace us easier than we can replace them by importing whatever from wherever and we can go swing for all they care.

    Very little of the discussions will center on our historic trading partnership but will concentrate on the EU getting a hard Brexit to prevent any further members from leaving.

    Imo, it is probably in our best interest to stay in the EU even as our nearest neighbour leaves and Ag being most strongly affected. Saying that, in an Irexit situation, I would probably vote leave.


  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2


    30c here without winter bonus. I thought reading your posts each month that Ye'd surely beat GII ;)

    Natural gas and all ;)

    Does that include gap scheme?


  • Registered Users, Registered Users 2 Posts: 11,396 ✭✭✭✭Timmaay


    Adds 2c but as numbers grow it will become less significant. Within 4--5 years we will be out of winter unless we are allowed and then decide to buy liquid contract

    If this protein cap on liquid milk happens I would assume that will take the economics of it away from most lads who use late spring calvers to fill the liquid quota.


  • Registered Users, Registered Users 2 Posts: 1,057 ✭✭✭stretch film


    Timmaay wrote: »
    If this protein cap on liquid milk happens I would assume that will take the economics of it away from most lads who use late spring calvers to fill the liquid quota.

    If that proposal passes then it really is time to fold up the tent Tim.


  • Registered Users, Registered Users 2 Posts: 1,057 ✭✭✭stretch film


    Adds 2c but as numbers grow it will become less significant. Within 4--5 years we will be out of winter unless we are allowed and then decide to buy liquid contract

    You could satisfy your needs as a dual supplier within that time frame one would expect.

    have you glanbia liquid quota. you could supply liquid milk outside glanbia within the current MSA but never return as a liquid supplier.


  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    whelan2 wrote: »
    Does that include gap scheme?

    No, that's capital introduced so isn't counted


  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    You could satisfy your needs as a dual supplier within that time frame one would expect.

    have you glanbia liquid quota. you could supply liquid milk outside glanbia within the current MSA but never return as a liquid supplier.

    No I don't have any liquid contract. I'm not entirely sure I want it either. I attended a liquid milk meeting in Portlaoise some months ago and the leadership of that group didn't inspire me.

    If the attitude displayed that night is a measure of the people involved I'd be very fearful for its future. Listening to nonsensical stuff about yield, breeding, being specialist farmers bla bla bla.

    There was even one guy stood up saying that no young lad is prepared to calve cows Christmas Day, this was the only reality discussed that night.

    Anoth brain surgeon proposing that we dump milk till the processors came to their senses.

    Not one person took responsibility for the state of affairs at farm level i.e. Too many cows being calved, too much expensive feed being used and bull****e about cow yield. They preferred instead to focus on price rather than the fact that they supply more than what's contracted and therefore diluting their bonus


  • Registered Users, Registered Users 2 Posts: 2,485 ✭✭✭Keepgrowing


    alps wrote: »
    What percentage of your herd calving in autumn would you consider optimum if you had freedom to produce liquid milk? How much better profit wise could you see yourselves than all spring milk?

    24% of our supply is bonused. There's no doubt that winter milk is profitable but one must pay great attention to costs and never supply 1 litre more than what's contracted.

    Feed here is top notch bales with 4 kg 16% p nuts.


  • Registered Users, Registered Users 2 Posts: 30,397 ✭✭✭✭whelan2


    No I don't have any liquid contract. I'm not entirely sure I want it either. I attended a liquid milk meeting in Portlaoise some months ago and the leadership of that group didn't inspire me.

    If the attitude displayed that night is a measure of the people involved I'd be very fearful for its future. Listening to nonsensical stuff about yield, breeding, being specialist farmers bla bla bla.

    There was even one guy stood up saying that no young lad is prepared to calve cows Christmas Day, this was the only reality discussed that night.

    Anoth brain surgeon proposing that we dump milk till the processors came to their senses.

    Not one person took responsibility for the state of affairs at farm level i.e. Too many cows being calved, too much expensive feed being used and bull****e about cow yield. They preferred instead to focus on price rather than the fact that they supply more than what's contracted and therefore diluting their bonus

    Are there many herds calving all year round now? I know of 1. It's a long time since there was a liquid milk meeting locally.


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