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Milk Price- Please read Mod note in post #1

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Comments

  • #8882
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    keep going wrote: »
    alcohol hasnt returned a profit in 10 tens years,its main place in carberys system is it helps with the effluent processing on site.i must admit i didnt take notice of the current price of whey powder but the last time i did i remember thinking it was less than half what we had been getting at some point previously.

    Do you know what the yield of whey powder is from lets say a litre of milk used to make let's say Dubliner cheese? Then depending on what use the whey is used for, what value could also be added to the whey? I haven't seen any figure like that in the public domain. All we hear is world market and intervention prices of powder and cheese.
    I have yet to see a full breakdown of all the components of the milk being properly valued.


  • #8883
    slippy wicket
    Registered Users, Registered Users 2 Posts: 693 ✭✭✭slippy wicket


    Glanbia milk statements up for viewing on Glanbia connect.

    May net milk value 27.54 cpl
    3.57 P
    3.72 F

    Only for the fixed price schemes , price would be very grim.


  • #8884
    yewtree
    Registered Users, Registered Users 2 Posts: 811 ✭✭✭yewtree


    slippy wicket wrote: »
    Glanbia milk statements up for viewing on Glanbia connect.

    May net milk value 27.54 cpl
    3.57 P
    3.72 F

    Only for the fixed price schemes , price would be very grim.

    Do you mind if I ask what % you have fixed?
    Our coop Aurivo has their 1st fixed scheme out only 10% of 2015 milk supply at 28.25 base including vat. Have to make up my mind by Monday.


  • #8885
    Injuryprone
    Registered Users, Registered Users 2 Posts: 1,053 ✭✭✭Injuryprone


    DG hold price @ 22 (22.5 if you get scc/TBC/qa bonuses)


  • #8886
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Arrabawn 23.68 for 3.6 and 3.3, payment should be in the bank tomorrow.


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  • #8887
    pedigree 6
    Closed Accounts Posts: 4,559 ✭✭✭pedigree 6


    http://www.ruralnewsgroup.co.nz/dairy-news/dairy-world-news/grass-fed-milk-gets-eu-farmers-another-subsidy

    If dawggone is reading this.
    Do you get a bonus for having cows on grass in france?


  • #8888
    keep going
    Closed Accounts Posts: 3,551 ✭✭✭keep going


    Farmer Ed wrote: »
    Do you know what the yield of whey powder is from lets say a litre of milk used to make let's say Dubliner cheese? Then depending on what use the whey is used for, what value could also be added to the whey? I haven't seen any figure like that in the public domain. All we hear is world market and intervention prices of powder and cheese.
    I have yet to see a full breakdown of all the components of the milk being properly valued.
    no i dont know how much whey powder a ton of cheese yeilds but i do know how much money it brings in and where its used.dont know the exact customers but is that really my job.


  • #8889
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    keep going wrote: »
    no i dont know how much whey powder a ton of cheese yeilds but i do know how much money it brings in and where its used.dont know the exact customers but is that really my job.

    Thanks for your honesty. With all due respects if your on the co op board maybe you should firmilarlise yourself with what whey is returning. I suspect you haven't been given a breakdown as to what each component of the litre of milk is returning yet management are excellent at calculating how much per litre "they" are supporting the price of milk or indeed they put a lot of time and money in to telling the farmer how cheaply he should be able to produce a litre milk. Yet they don't tell us how much they can make from that litre of milk.

    The reality is in real terms when account is taken of inflation we are only getting about a third of what we were paid for milk 27 years ago. This can't go on forever otherwise there may be a mass exodus


  • #8890
    flutered
    Registered Users, Registered Users 2 Posts: 6,724 ✭✭✭flutered


    Waffletraktor wrote: »
    http://www.lrb.co.uk/v38/n12/james-meek/how-to-grow-a-weetabix
    a good read

    i have read elsewhere the the eu commissioner has being visiting the uk under the radar, canvassing for a stay vote in next week referendum, for some time


  • #8891
    atlantic mist
    Registered Users, Registered Users 2 Posts: 1,309 ✭✭✭atlantic mist


    24c a liter here, getting a roasting on butterfat tank not able for liters, put off capital expenditure think i might have to turn off the tank for one day collection save a lit of money on esb seen as tank is on too long cooling, quality always suffers when prices are low

    got paid a small amount in latest fixed price scheme no correspondence about what % i got in but its fairly small, dont have to worry about the amounts doubling in year and half as its only a dot on years supply

    ed think u should do a bit of looking into yere casein stocks in dg, word from a source within is ye have warehouses full to the roof and best before date is only around the corner, could have a strong impact on yere price if ye have to dump it as they will have to realise the cost then


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  • #8892
    whelan2
    Registered Users, Registered Users 2 Posts: 30,789 ✭✭✭✭whelan2


    atlantic mist wrote: »
    24c a liter here, getting a roasting on butterfat tank not able for liters, put off capital expenditure think i might have to turn off the tank for one day collection save a lit of money on esb seen as tank is on too long cooling, quality always suffers when prices are low

    got paid a small amount in latest fixed price scheme no correspondence about what % i got in but its fairly small, dont have to worry about the amounts doubling in year and half as its only a dot on years supply

    ed think u should do a bit of looking into yere casein stocks in dg, word from a source within is ye have warehouses full to the roof and best before date is only around the corner, could have a strong impact on yere price if ye have to dump it as they will have to realise the cost then
    Got a letter today of allocation , piss poor amount


  • #8893
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    atlantic mist wrote: »
    24c a liter here, getting a roasting on butterfat tank not able for liters, put off capital expenditure think i might have to turn off the tank for one day collection save a lit of money on esb seen as tank is on too long cooling, quality always suffers when prices are low

    got paid a small amount in latest fixed price scheme no correspondence about what % i got in but its fairly small, dont have to worry about the amounts doubling in year and half as its only a dot on years supply

    ed think u should do a bit of looking into yere casein stocks in dg, word from a source within is ye have warehouses full to the roof and best before date is only around the corner, could have a strong impact on yere price if ye have to dump it as they will have to realise the cost then

    Thank God I no longer supply Dairygold. I'm what could be described as being part of the Dairygold survivors group. If they paid me what they owed me I wouldn't even be so concerned about them. As for stocks going out of date? I haven't heard but I wouldn't be surprised. A similar situation just a few months ago with Cheese. Had to be given away for free before it went out of date. Not looking good if your information is correct.


  • #8894
    rangler1
    Closed Accounts Posts: 6,497 ✭✭✭rangler1


    Farmer Ed wrote: »
    Thank God I no longer supply Dairygold. I'm what could be described as being part of the Dairygold survivors group. If they paid me what they owed me I wouldn't even be so concerned about them. As for stocks going out of date? I haven't heard but I wouldn't be surprised. A similar situation just a few months ago with Cheese. Had to be given away for free before it went out of date. Not looking good if your information is correct.

    How can you be sure any of the processors are selling all their product or even that they're getting full price for it......I'd imagine it's more luck than management, It has to be a buyers market out there now if some are giving away stuff.


  • #8895
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    rangler1 wrote: »
    How can you be sure any of the processors are selling all their product or even that they're getting full price for it......I'd imagine it's more luck than management, It has to be a buyers market out there now if some are giving away stuff.

    Well if it is all down to luck as you suggest then some may possibly be cursed or their certainly jinxed. If you are correct and it is all just luck. Maybe it's pointless paying big bucks to managers. Just fire the lot of them and replace them with people from job bridge,hang a horse shoe over the door and invest in a four leaf clover.


  • #8896
    slippy wicket
    Registered Users, Registered Users 2 Posts: 693 ✭✭✭slippy wicket


    yewtree wrote: »
    Do you mind if I ask what % you have fixed?
    Our coop Aurivo has their 1st fixed scheme out only 10% of 2015 milk supply at 28.25 base including vat. Have to make up my mind by Monday.

    Sorry for not coming back sooner.
    On my 7th round of fixed price scheme.
    Currently have 47.6% fixed.

    Got hammered back in '09 , price went down to 19cpl so when the option was up to fix at a slightly lower price than the peak I jumped at it.


  • #8897
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    The answer to every problem. Another quango.

    Dairy Forum to meet next week as crisis deepens @agrilandIreland http://www.agriland.ie/farming-news/dairy-forum-to-meet-next-week-as-crisis-deepens/


  • #8898
    whelan2
    Registered Users, Registered Users 2 Posts: 30,789 ✭✭✭✭whelan2


    Farmer Ed wrote: »
    The answer to every problem. Another quango.

    Dairy Forum to meet next week as crisis deepens @agrilandIreland http://www.agriland.ie/farming-news/dairy-forum-to-meet-next-week-as-crisis-deepens/
    what about all the measures that Hogan announced months ago?


  • #8899
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    whelan2 wrote: »
    what about all the measures that Hogan announced months ago?

    If I remember correctly one suggestion was anyone who cut production could get a 15k subsidy. I'd say a lot of lads would jump at that one at the moment. But we can't entertain that one because the co ops are not in favour of it. Yet they would have us believe they are losing money by processing our extra milk????


  • #8900
    jaymla627
    Registered Users, Registered Users 2 Posts: 7,128 ✭✭✭jaymla627


    whelan2 wrote: »
    what about all the measures that Hogan announced months ago?

    Hogan simply raised intervention levels and green - lighted voluntary reduction measures where counties/co-ops where permitted to incentivise suppliers to reduce supply....
    Wouldn't be looking to big Phil to pull a rabbit out of a hat and implement anything worthwhile, he could do a 360 and bring back quotas that's when the fun would start


  • #8901
    whelan2
    Registered Users, Registered Users 2 Posts: 30,789 ✭✭✭✭whelan2


    Farmer Ed wrote: »
    The answer to every problem. Another quango.

    Dairy Forum to meet next week as crisis deepens @agrilandIreland http://www.agriland.ie/farming-news/dairy-forum-to-meet-next-week-as-crisis-deepens/
    The minister has already shown were he stands by backing Glanbia's schemes :mad:


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  • #8902
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    pedigree 6 wrote: »
    http://www.ruralnewsgroup.co.nz/dairy-news/dairy-world-news/grass-fed-milk-gets-eu-farmers-another-subsidy

    If dawggone is reading this.
    Do you get a bonus for having cows on grass in france?

    Nope.


    I haven't even qualified for the ski holiday money.
    Any hardship aid is targeted here by way of furnishing accounts...rightly so.


  • #8903
    Milked out
    Closed Accounts Posts: 3,433 ✭✭✭Milked out


    Dawggone wrote: »
    pedigree 6 wrote: »
    http://www.ruralnewsgroup.co.nz/dairy-news/dairy-world-news/grass-fed-milk-gets-eu-farmers-another-subsidy

    If dawggone is reading this.
    Do you get a bonus for having cows on grass in france?

    Nope.


    I haven't even qualified for the ski holiday money.
    Any hardship aid is targeted here by way of furnishing accounts...rightly so.
    Bit of a misleading headline there, it's not a subsidy from the EU it's a coop paying extra for grass fed, big difference


  • #8904
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Milked out wrote: »
    Bit of a misleading headline there, it's not a subsidy from the EU it's a coop paying extra for grass fed, big difference


    Funny how co ops in other countries pay a bonus for milk from grass. Obviously they must be getting a premium for it. Yet our two largest co ops are paying the worst price in Europe for what would be classified as a premium product in other countries


  • #8905
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    Milked out wrote: »
    Bit of a misleading headline there, it's not a subsidy from the EU it's a coop paying extra for grass fed, big difference

    Yes absolutely...I was just feeling a little despondent that I never seem to score any easy money!!


  • #8906
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    Farmer Ed wrote: »
    Funny how co ops in other countries pay a bonus for milk from grass. Obviously they must be getting a premium for it. Yet our two largest co ops are paying the worst price in Europe for what would be classified as a premium product in other countries

    Seriously Ed, since when is milk powder a premium product?
    It's not fair to expect Irish processors to top the EU milk price league whilst manufacturing a bottom of the range commodity.
    Farmers in the Comté region are averaging over 40cpl for their milk...but their milk isn't being turned into powder and dumped into intervention.


  • #8907
    yewtree
    Registered Users, Registered Users 2 Posts: 811 ✭✭✭yewtree


    slippy wicket wrote: »
    Sorry for not coming back sooner.
    On my 7th round of fixed price scheme.
    Currently have 47.6% fixed.

    Got hammered back in '09 , price went down to 19cpl so when the option was up to fix at a slightly lower price than the peak I jumped at it.

    Thanks for the reply. I don't think it's a good idea fixing at bottom of market but suppliers who join 1st scheme will get preference in the future schemes.

    Aurivo pulled price to 22cent today so looking at about 25cent with my solids, I havnt got the milk cheque yet so not sure on exact price


  • #8908
    Milked out
    Closed Accounts Posts: 3,433 ✭✭✭Milked out


    yewtree wrote: »
    slippy wicket wrote: »
    Sorry for not coming back sooner.
    On my 7th round of fixed price scheme.
    Currently have 47.6% fixed.

    Got hammered back in '09 , price went down to 19cpl so when the option was up to fix at a slightly lower price than the peak I jumped at it.

    Thanks for the reply. I don't think it's a good idea fixing at bottom of market but suppliers who join 1st scheme will get preference in the future schemes.

    Aurivo pulled price to 22cent today so looking at about 25cent with my solids, I havnt got the milk cheque yet so not sure on exact price

    What time frame will yer fixed price scheme be over? I agree with you on not being inclined to fix at the bottom of the market. DG brought out there first one this year as well, I fixed the max amount, 15% of last year's supply, at approx 30 cent including quality bonus. Main reason I did is its only for 18 months so will be finished by end of '17 and I don't see milk price being above that for many of those months. If it was any longer I may not of entered it. It has brought my price up by just about a cent for last 2 months anyway


  • #8909
    pedigree 6
    Closed Accounts Posts: 4,559 ✭✭✭pedigree 6


    Dawggone wrote: »
    Nope.


    I haven't even qualified for the ski holiday money.
    Any hardship aid is targeted here by way of furnishing accounts...rightly so.

    I haven't even paid my accountant yet.:p
    Agree though on means tests.


  • #8910
    pedigree 6
    Closed Accounts Posts: 4,559 ✭✭✭pedigree 6


    Dawggone wrote: »
    Yes absolutely...I was just feeling a little despondent that I never seem to score any easy money!!

    I'll swap farms with ya.:D


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  • #8911
    yewtree
    Registered Users, Registered Users 2 Posts: 811 ✭✭✭yewtree


    Milked out wrote: »
    What time frame will yer fixed price scheme be over? I agree with you on not being inclined to fix at the bottom of the market. DG brought out there first one this year as well, I fixed the max amount, 15% of last year's supply, at approx 30 cent including quality bonus. Main reason I did is its only for 18 months so will be finished by end of '17 and I don't see milk price being above that for many of those months. If it was any longer I may not of entered it. It has brought my price up by just about a cent for last 2 months anyway

    30 months from the 1st of August, it's a bit on the long side. We would be fixing at 28.25 at a base of 3.6 fat & 3.3 protein.
    1cent on my milk supply the last two months would have been 1600 extra, when things are tight that extra money makes a difference. I think fixed milk price has to have a role in the future the two things at the moment holding me back are the lenght of contract and the low price


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