Dairy Chit Chat- Please read Mod note in post #1

kowtow · 22-07-2016 08:39AM

Keepgrowing wrote:

When we calved heifers we just ran with main herd till close to calving. Within a few days they'd be walking in with the cows eating a few nuts

We run the handful of replacements with the girls all year. They stand in the collecting yard and get a shake of nuts while the last lot are milking if they need it, otherwise let away behind the others while we wash down.

Certainly makes an easier job of AI.

whelan2 · 22-07-2016 08:42AM

Sam Kade wrote: »

Does any one else get 100% of their milk cheque landed into their account and the expenses on credit? Unless the co op think that I'm broke that's what they have being doing with my account since March.

Does ai, etc not come out as an expense. Trading account is seperate here unless I agree to an amount on contra. Dont know wtf they are doing in glanbia but my trading statement this month is a joke, money taken off and money put back on(same amounts), still owed 160 euro from last November from them

Sam Kade · 22-07-2016 08:44AM

Keepgrowing wrote: »

Don't follow

Really

If your milk for the month is worth 10k and your expenses for the month are 5k the co op puts 10k into your bank account and put the 5k on the bill.

Sam Kade · 22-07-2016 08:49AM

whelan2 wrote: »

Does ai, etc not come out as an expense. Trading account is seperate here unless I agree to an amount on contra. Dont know wtf they are doing in glanbia but my trading statement this month is a joke, money taken off and money put back on(same amounts), still owed 160 euro from last November from them

Ai is a seperate bill. Last year they just took the expenses out of the milk. It's a bit of a nuisance having to transfer money back from the account to the co op.

whelan2 · 22-07-2016 08:51AM

Sam Kade wrote: »

Ai is a seperate bill. Last year they just took the expenses out of the milk. It's a bit of a nuisance having to transfer money back from the account to the co op.

Agree a contra amount then, easily done. You mustnt be near your credit limit or they'd be after you. Does a rep not call to you each month for payment?

Keepgrowing · 22-07-2016 09:42AM

Sam Kade wrote: »

Really
If your milk for the month is worth 10k and your expenses for the month are 5k the co op puts 10k into your bank account and put the 5k on the bill.

Isn't that normal procedure.

Keepgrowing · 22-07-2016 09:46AM

whelan2 wrote: »

Agree a contra amount then, easily done. You mustnt be near your credit limit or they'd be after you. Does a rep not call to you each month for payment?

Never, never agree a contra amount. You hand control to your creditor and thus making an on account payment. You surrender any possibility of negotiatiing discounts or interest write downs. Now I accept you could well have this agreed in advance but if you're on or at your credit limit you're a sitting duck

mf240 · 22-07-2016 09:51AM

They took money off me that I didn't owe them.

Took a visit and two phone calls to get it back.

Wouldn't buy anything off them again after that.

Sam Kade · 22-07-2016 11:19AM

whelan2 wrote: »

Agree a contra amount then, easily done. You mustnt be near your credit limit or they'd be after you. Does a rep not call to you each month for payment?

No, it normally comes out the milk. When I had dry cattle a few years ago and the bill hit 4k they would be roaring for payment and if it didn't come on time they would stop the credit.

Sam Kade · 22-07-2016 11:21AM

Keepgrowing wrote: »

Isn't that normal procedure.

Normal for my co-op is taking the expenses out of the milk money and transferring the surplus to the bank, I thought every co-op was the same.

Wildsurfer · 22-07-2016 11:35AM

Nope Dairygold pay full milk value into my account and up to me when I pay of for purchases... Have ran up a sizeable bill at times during last few years when I was developing and never once asked for payment even after a few months. And as keepgrowing says you will always get a discount when paying that way. But I suppose loyalty counts for a lot... They've made a lot of money off this farm over the past 50 years! They used to take AI straight off too but now I pay once a year and negotiate a discount with rep... I told him it was either that or I'd be changing AI companies.

Coolfresian · 22-07-2016 11:45AM

whelan2 wrote: »

Put heifers that are calving next month through parlour for first time. Took a while but they all went in. No refusals

Do u find it makes a big difference? Heifers never put through the parlour here before calving. First time they see it is for milking. Never have much problems when they go up between larger cows.

whelan2 · 22-07-2016 11:47AM

Wildsurfer wrote: »

Nope Dairygold pay full milk value into my account and up to me when I pay of for purchases... Have ran up a sizeable bill at times during last few years when I was developing and never once asked for payment even after a few months. And as keepgrowing says you will always get a discount when paying that way. But I suppose loyalty counts for a lot... They've made a lot of money off this farm over the past 50 years! They used to take AI straight off too but now I pay once a year and negotiate a discount with rep... I told him it was either that or I'd be changing AI companies.

PG will let you level pay over the year, worked out well so far this year for me

whelan2 · 22-07-2016 11:49AM

Coolfresian wrote: »

Do u find it makes a big difference? Heifers never put through the parlour here before calving. First time they see it is for milking. Never have much problems when they go up between larger cows.

Yes massive difference, there were a few heifers that calved in the spring before I had a chance to put them through parlour, took a while to get them in

yewtree · 22-07-2016 12:02PM

Keepgrowing wrote: »

Never, never agree a contra amount. You hand control to your creditor and thus making an on account payment. You surrender any possibility of negotiatiing discounts or interest write downs. Now I accept you could well have this agreed in advance but if you're on or at your credit limit you're a sitting duck

+1

Only thing that comes off milk cheque is milk recording here.
Ran up a fairly big bill in spring 13, nothing ever came from the milk cheque directly. I cleared account by September that year and no interest was charged.
I think it's important that you are deciding what the milk cheque is paying for at the end of each month. Coop stores can often be poor value for certain things, and temptation is to charge items to account rather than looking for value elsewhere.

Panch18 · 22-07-2016 12:05PM

Are people really not netting their expenses against their milk sales every month to get a net cheque??

whelan2 · 22-07-2016 12:06PM

yewtree wrote: »

+1

Only thing that comes off milk cheque is milk recording here.
Ran up a fairly big bill in spring 13, nothing ever came from the milk cheque directly. I cleared account by September that year and no interest was charged.
I think it's important that you are deciding what the milk cheque is paying for at the end of each month. Coop stores can often be poor value for certain things, and temptation is to charge items to account rather than looking for value elsewhere.

We have discussed this before a good few lads have no alternative but co-op credit, I know Glanbia have ridiculous credit limits on their accounts- mine is 57k- not many businesses would offer such terms. Btw I would never ever be even quarter of the way to my credit limit

Panch18 · 22-07-2016 12:06PM

yewtree wrote: »

+1

Only thing that comes off milk cheque is milk recording here.
Ran up a fairly big bill in spring 13, nothing ever came from the milk cheque directly. I cleared account by September that year and no interest was charged.
I think it's important that you are deciding what the milk cheque is paying for at the end of each month. Coop stores can often be poor value for certain things, and temptation is to charge items to account rather than looking for value elsewhere.

That sounds like utter madness to me

are you seriously not clearing spring purchases until September?

OverRide · 22-07-2016 12:20PM

Panch18 wrote: »

That sounds like utter madness to me

are you seriously not clearing spring purchases until September?

If he's getting them interest free why would it be madness?

yewtree · 22-07-2016 12:22PM

Panch18 wrote: »

That sounds like utter madness to me

are you seriously not clearing spring purchases until September?

Just the one year in 2013, the meal bill was huge, decided to pay off over a few months. I would have found 2013 a lot tougher than this year, weather, expanding herd and carrying a lot of replacements really drained cash.

The wider point I was making is because I was in control of cash I decided who got paid and when. I got a better deal from contractor paying him leaving the yard for instance. Also your in a much stronger position with coop when negotiating interest if they don't have access to your milk cheque.

OverRide · 22-07-2016 12:29PM

Yewtree,the co op don't need your permission to do a contra
If you're outside terms they can take it whether you like it or not
So you actually never have that control in the first place

Most people are on good speaking terms(obviously) with their account manager so they know the story and don't do contras unless requested or there's no other option

yewtree · 22-07-2016 12:46PM

OverRide wrote: »

Yewtree,the co op don't need your permission to do a contra
If you're outside terms they can take it whether you like it or not
So you actually never have that control in the first place

Most people are on good speaking terms(obviously) with their account manager so they know the story and don't do contras unless requested or there's no other option

I didn't know that presumed you had to agree to them taking it out.
We have 60 days to clear the account and havnt been outside that since 2013. In fairness to coop we were outside credit terms in 2013 and they never pushed for contras. I have always found coop/ merchants good to deal with as long as account is cleared by the back end.

Sam Kade · 22-07-2016 12:46PM

Wildsurfer wrote: »

Nope Dairygold pay full milk value into my account and up to me when I pay of for purchases... Have ran up a sizeable bill at times during last few years when I was developing and never once asked for payment even after a few months. And as keepgrowing says you will always get a discount when paying that way. But I suppose loyalty counts for a lot... They've made a lot of money off this farm over the past 50 years! They used to take AI straight off too but now I pay once a year and negotiate a discount with rep... I told him it was either that or I'd be changing AI companies.

Dairygold here as well, last year i started milking again and they took expenses out of the milk money, maybe they trust me more this year

jaymla627 · 22-07-2016 01:23PM

Panch18 wrote: »

That sounds like utter madness to me

are you seriously not clearing spring purchases until September?

Are you one of those fabled sub 20cpl production dairy farmers that teagasc raves about , 30c/l is widely agreed as to what is needed to pay yourself and run your farm and maintain it, milks 6-7 cent below this take a average 100 cow farm that say has 400k litres sent in up to end of June if the farmer is actually paying himself a wage say 4-6 cent from thy milk cheque every month....
You run into a situation where easily 15-25k of unpaid debt has been raked up if you assume 4-6 cent loss is occurring on each litre sent in, what's happening around here is lads have run - up massive bills with independent merchants, and now are basically leaving these bills unpaid and just switching back to their co-op for supplies

Buford T. Justice XIX · 22-07-2016 01:35PM

jaymla627 wrote: »

Are you one of those fabled sub 20cpl production dairy farmers that teagasc raves about , 30c/l is widely agreed as to what is needed to pay yourself and run your farm and maintain it, milks 6-7 cent below this take a average 100 cow farm that say has 400k litres sent in up to end of June if the farmer is actually paying himself a wage say 4-6 cent from thy milk cheque every month....
You run into a situation where easily 15-25k of unpaid debt has been raked up if you assume 4-6 cent loss is occurring on each litre sent in, what's happening around here is lads have run - up massive bills with independent merchants, and now are basically leaving these bills unpaid and just switching back to their co-op for supplies

There are a lot of contractors taking to banks atm with farmers under pressure letting them hanging for payment.

jaymla627 · 22-07-2016 01:44PM

Buford T. Justice V wrote: »

There are a lot of contractors taking to banks atm with farmers under pressure letting them hanging for payment.

Can imagen that, not in a big dairy area here so our guy is tipping away nicely, but lads cutting big acreage in dairying areas must be owed a solid fortune, running 90 cows here and between silage/reseeding/slurry would have a bill over 13k every year, if a contractor had 20 dairy customers like us above he would be owed 250k at years end nice wedge of cash

Dawggone · 24-07-2016 05:00PM

Kowtow, a friend called today and gave me a Tomme de Savoie fermier, aged for 12mts and made from summer milk.
Mushroomy and nutty.
Any chance you'd be making something similar?
At €39/kg it's worth every penny...

kevthegaff · 24-07-2016 06:25PM

jaymla627 wrote:

Are you one of those fabled sub 20cpl production dairy farmers that teagasc raves about , 30c/l is widely agreed as to what is needed to pay yourself and run your farm and maintain it, milks 6-7 cent below this take a average 100 cow farm that say has 400k litres sent in up to end of June if the farmer is actually paying himself a wage say 4-6 cent from thy milk cheque every month.... You run into a situation where easily 15-25k of unpaid debt has been raked up if you assume 4-6 cent loss is occurring on each litre sent in, what's happening around here is lads have run - up massive bills with independent merchants, and now are basically leaving these bills unpaid and just switching back to their co-op for supplies

Think your on the money Jay, going to be a storm at the end of the year for contractors/merchants, as one said to me it's hard collecting on a good year!

kevthegaff · 24-07-2016 06:46PM

Buford T. Justice V wrote:

There are a lot of contractors taking to banks atm with farmers under pressure letting them hanging for payment.

tough times ahead..

rangler1 · 24-07-2016 07:00PM

kevthegaff wrote: »

tough times ahead..

It's not right to leave neighbours unpaid, contractors themselves don't get much credit, yet farmers leave them waiting as if it were a right

Dairy Chit Chat- Please read Mod note in post #1

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