Was surprised until I went looking at my milk flex and rate I’m paying ….I’ve about 70 k. Outstanding and I’m going refinancing it with much better rates thru bank of Ireland …..just finished my third and final high flex trigger which added 25% into payments …even with that gone the interest payments are considerably higher than last year
Mines gone bananas
Alot of people dump culls and calves due to nitrates and making space for extra cows. Plenty cute hoors in the mart to pick up the bargains and live off the dairy farmers back. Sure it isn't all just about the money anyway. If that was the case there wouldn't be many at it.
That's farming. I don't have to milk them twice a day anyway.
If there was money in it everyone would be at it. Calves out the gate here as soon as customer can take them. First loss is best loss when the glut of calves is there imo
Ball of money but no profit
Of the 3 TDs in west Cork only 1 will turn up as he usually does to these events. Of the others 1 wants derogation gone and the other couldn't careless
I don't agree. Most of my expenditure went into them before a month old. At that stage they were worth 20 or 30 euro in the mart. They might make 7 or 8 hundred in the spring time. Can't lose with them. Handy for cash flow at least.
Ya definitely things are still out of whack alright mj. Got some eye opener re electric prices the other day. I was being fleeced.
It's very disappointing that yet again the farmers are getting shafted on there product ......a lot of lads have gone in deep on rentals and stuff off the back of the last couple of years.......
Your logic is flawed. Those beef calves you kept are only costing you money. The bills they will pay off next spring will be to pay for what they have eaten. Similar to chasing marginal litres in a bad year doesn't pay. When prices are bad the trick is to cut expenditure to the bone. Get rid of poor performing cows.
The milk flex loans are getting out of hand with them linked to ecb rates have a loan here on drawdown of 70k intrest payment monthly was 210 euro, it's down to 40k now principal owed and the latest monthly intrest repayment was 240, hard to see how people with tracker mortgages will keep repayments up going forward
Balls 😕👀👀
Ya, cattle prices falling too. I guess all these interest rate hikes had to tell at some stage. Recessions are starting to bite.
I've no doubt that pen of beef calves I kept this year will come in handy next spring.
And mart price for cull cows in marts has nose dived last few weeks 🥲🥲
Current forecasted price for new zealand dairy farmers is 26 cent for the new season, still feeding the s**t out of the cows here, noting to do with trying to get extra liters out of them, I reckon 40-50 will need to be sent to Larry come Xmas time to help balance the books
Ah well, that's farming.... It was nice to get paid a fair price last year.
No such thing as a soft landing,it always had to happen just as night follow s day
Most people don't care here. It's only really dairy farmers that do.
Cost in votes unlikely to be much even in worst case scenario.
It’s not and you’d be a bit concerned heading for back end of year …input prices still out of kilter for lots of things ain’t helping
It's not looking to good at the moment 😕
If u watch markets and see returns for commodities that we produce that tells you to large extent where our milk prices are going ….prices had been rising (very slowly )but are in retreat for last 2 weeks and now at early /mid April prices and flat at best to dropping ….Chinese demand hasn’t picked up as expected as they proably have stocks in store and gambling that markets haven’t yet bottomed out ……I gasped few weeks back when a fellow boards user and Tirlán supplier told me low 30s by September unles markets pick up quick …..I fear more cuts on way for June and proably big ones for everyone bar west cork that are high 39s and 40 plus cent base vat and bonus inc
The co-ops were forecasting the milk price to rise in the secondary half of the year. Now they are saying that they won't.
A cynic would say that they just told dairy farmers that to give them hope and to keep them going.
Very easy for u to say dwag…..have u lost sight of the very obvious difference in scale your farming in compared to most of us here
Very much so, will be interesting in holland with new elections on the way will the new farmers party make any inroads and stop the previous coaltions plans to severely hit dairy farms over their, might help waken up the current Irish government with elections on the way, and reign them in a bit
What does it matter if there is a sitting TD there or not...
Dropping down to 220 isn’t going to make any difference whatsoever.
Are they trying to get ye used to tiny little drops…death by a thousand cuts kinda job?
The majority of dairy farms are in dero in West Cork so reduction of limits would have the biggest effect on farms and land down here
Is it because it's near the meat factory in Bandon, that the IFA would not help with the protest a few years ago. When the beef man was in trouble.
I have nothing against them. But for a protest to work you have to be a nuisance to the government. Shouting around empty streets is a waste of time.
I might be totally wrong.
U should look up why it’s in in Bandon before you went so hard there ……running the IFA down is too easy an option
For smart people farmers are as thick as shitt. There is no sitting TD in Bandon.
Michael Martin is based 20 miles up the road. It's another half hearted attempt by IFA to be seen to do something.
I would not waste my drop of green diesel in the jeep to go to it
