Aravo wrote: » Animal tested last year on say 20th June and reading say on 23rd June. What is the expiry date for slaughter this year.
Jjameson wrote: » There’s no doubt we are price takers at farm level but the the correlation between weekly kill, currency fluctuation and market demand does not directly link to beef price, . How can every processor have identical processing costs and how is there none pushing for increasing output, improving efficiencies and ousting their competitors? Week on week perfect uniformity in pricing for the vast majority of cattle which are coming from hobby sized farmers. A cartel if you will... 8 families control a billion euro industry. We aren’t on our own with this situation but this is interestinghttps://www.bloomberg.com/news/articles/2020-06-15/u-s-meat-giants-face-biggest-attack-in-century-from-trump-probe?fbclid=IwAR23rlf3dQccaQ94LpSgvyYN4Z5pOOuwvHm-uMIgMjSvNxPbvZ7j6BEhxgI
Duke92 wrote: » Yes it’s supply and demand Milk the same there nearly all around a 1/2 a cent difference in price Grain the same never much more than a few euro difference in price That is life
Bass Reeves wrote: » You are incorrect about milk
Duke92 wrote: » How
Anto_Meath wrote: » Last year during the factory protests, I was saying it was the wrong thing to be doin as it was putting farmer against farmer. I think today hearing the stories about Larry I figured out how we can get at the factories. Investigate all the various companies they own, how they manage their taxes. As the saying goes follow the money. If farmers want better prices then we need to know where the money actually is. The one thing factory owners wouldnt like is their business dealings been investigated, if we can follow the money and start showing how the factory owners are abusing the system by tax avoidance then factories will be quick to up the quotes to keep farmers quite about their dealings.
charolais0153 wrote: » farmers would be able to investigate massive conpanies and shell companies etc while blaming factories for no profits in factories:')
Anto_Meath wrote: » Information on various companies he owns, how 5 of the holding companies are registered in Luxembourg, have no employees yet makes millions in profits and I think only a few hundred thousand in tax. It also details some of the properties he own and the billions he is worth. But Larry is a very private individual so you can be sure he isn't happy to have this much information in the public and I would guess his whole business is like an onion lots of layers but once you start peeling you can get to the center of it if you try, so he will want a stop put to this quickly.
blue5000 wrote: » I reckon every beef farmer, big or small is a hobby farmer, certainly not in it for the money at present anyway.
Fireside Solicitor wrote: » Sure look at all the other business geniuses Ireland has - Dermot Desmond, John Magnier, Denis O’Brien, JP McManus, Michael Smurfit, Larry etc. One thing in common, according to similar media reporting they all engage in tax planning including living offshore. One rule for the rich....
Bass Reeves wrote: » While the price of milk is often very close it is not always. This happens especially when prices get very strong or weak. As well with milk there is forward pricing so farmers can lock into these when they are available. There is also different conditions to supply by different processor's and these are constantly not trying to talk down the price of milk Milk processor's are made up of a diverse mixture of entities. From small and large co-ops to MN companies. The co-ops have a transparent account structure and suppliers have an idea of the profitability of the sector. Kerry group have a commitment to pay a leading milk price this has forced it to pay a top price similar to a number of co-ops in West Cork that usually lead the pack. These co-ops have a very transparent account structure and are returning profits dividends as part of the milk price. Kerry group have to match that. Another feature is milk price top ups or bonuses paid for product purchased by producer's. Finally there is not a special pricing arrangements for some suppliers which other producers do not have access to. Just saw on the milk price thread difference between Dairygold and Carbery is 3c/L
Jjameson wrote: » If there was a greener field somewhere else they’d be there.
Bass Reeves wrote: » I always find it hard to understand lads making assumptions based of if's and but's. At the end of it we are about the 6th larges beef exporter in the world. The EU as whole exports less than 350 million tons outside it's borders, we export over 600 million tons out if Ireland, Poland has about 400 million tons export. Most economic analyst's say that there is about 1% over production at present. It actually dropping. The assumption that Larry or other processor's will suddenly leave Ireland and it beef excess ( which has a top notch reputation) and replace all this product with Polish or Brazilian beef is mind boggling. The other factor is knowing the ground. While money is mobile, wealth is not unless in a liquid form. As well local knowledge and contacts are critical in an business. Look at the way some business men only do well in certain area's. Tony O'Reilly was sharpest tool in the box at Heinz, he lost it all his wealth on bad business and investment decisions in Ireland. Denis O'Brien has made a fortune on Ireland his empire in the Carribbean is struggling. Move away from you area of operations and area of influence and you become vunerable. Ask Sean Quinn. You are only the sharpest tool when you are in your own box
richie123 wrote: » You have your export figures mixed up we export approx 550000 tonnes not 500 million.
wrangler wrote: » I think you'll find that Irelands generous tax system is not only keeping millionaires here but attracting more as well. Ireland has stood strong against EUs effort to change it for that reason
jfh wrote: » Lads, I sent off a lmxaa bullock few days, 26 months, graded r=5-, would that be because he was too fat?
tanko wrote: » Yeah 4+ in fat is the limit for the so called in spec payment. He was good and fat alrite. Did they cut your payment?
jfh wrote: » They sure did, 3.36 per kilo
