Water John wrote: » About 1 in 5 have a superlevy. Milk processors said milk on. Wonder they aren't now contributing.
whelan2 wrote: when has the levy to be paid by?
boggerman1 wrote: » Lads on here have been giving out about the price etc and the board members that we elect onto the committees.well my co-op agm is on right now and one of the said committee members is sleeping soundly in the room! .the future is bright
kevthegaff wrote: » I'm finished September next year, was talking of stalling it but Europe disagreed. Very annoying extra loan but hey I can blame anyone but myself!
Farmer Ed wrote: That is an excellent question. If a bank can give a farmer a mortgage at 3% to build a sun room on to his house why do they charge 5.5% and more for secured farm loans?. Much easier to force a farmer to sell land than force him sell his home. If anything the farm loan is more secure.
kowtow wrote: » Farmers loans live in the business part of the banks book, with an interest rate reflecting risk of business in general, notwithstanding the very high level of security available. Consumer type house mortgages + loans are another thing altogether, realistically lent against future income barring major disasters. Competition and ability to securitise the loan book (so the bank can borrow against it) are all factors, but the sad truth is that the only reason banks will ever want to learn about farming is to make better adverts targeted at farmers...from a bankers point of view it's not a business with sufficient free cashflow to lend to absent a fat great land charge and once you've got that in your safe there is no need to worry yourself with the nitty gritty details of whether it's making money this year or next.
Farmer Ed wrote: » http://www.thatsfarming.com/news/cashflow-tool-dairy-farmers No matter how many times you read this or no matter what news agency reports on this. It it just hard to believe.
mf240 wrote: » Let them eat cake. Talk about insulting people's intelligence.
yewtree wrote: » It's just a cash flow budget, don't see how it's insulting people's intelligence. Some people might get some benefit from it, if they are unsure how to do one. If you are in difficultly you will need to have something prepared for the bank before you go and talk to them
freedominacup wrote: » So now we need a minister to announce a cashflow planner????? If you are in difficulty, real difficulty you'll be paying enough pro's to get a different cashflow plan for every meeting.
Farmer Ed wrote: » I think what most people find upsetting is you now have another quango largely made up of co op executives, most of whom possibly understand what it is like to struggle to pay bills. Coming out with a plan the advice the stupid dump farmers how best to tighten their belts. These are the very same people who led us blindly in to over investing in dairying both on and off farm.
whelan2 wrote: » When I heard bergin was supposed to be on the committee that was enough for me how does he have any idea what it's like on farm level
Farmer Ed wrote: » https://keithwoodford.wordpress.com/2016/06/29/shocks-versus-structural-change-is-the-big-dairy-question/ Very interesting article from Nz with a reference to ireland in it .
In the case of skim milk powder (SMP), the surplus is in part a by-product of increased global demand for butter. As a consequence, the Europeans have put about 250,000 tonnes of SMP into store (public and private), with more still pouring in. And thank goodness they have done so, or else SMP prices would have crashed much lower. Here in New Zealand, we produce about 400,000 tonnes of SMP every year, which goes into the same markets as does European SMP. So in the short term, the European storage has been a blessing for every New Zealand famer. My best estimate is that this storage of SMP is currently buttressing the overall payout to New Zealand farmers by about 30c per kg milksolids, although the precise numbers are debatable. Unfortunately, all of this European SMP will still have to come back on the market eventually.
Timmaay wrote: » Own goal for us ha?
atlantic mist wrote: » http://www.irishexaminer.com/examviral/animal-life/theres-gold-in-them-their-cows-407823.html need to get a few of these
Farmer Ed wrote: » Irish expects led a lot of people to believe there was gold in milk also. If I remember correctly they were referring to it as white gold. An Indian guy told me a while back that cow urine is a great cure for alcohol and smoking addictions. I suppose given the choice I could see how it could motivate a person to give up.
