They must be mad for work!
60 cows can be a fine profitable easy gig too, but that said only at a lower stocking rate.
milk supply as we know is well down on previous years.. im sure Co-ops expected milk volumes to rebound after last year.. hasnt happened.. and im guessing Co-ops have a few more quid available than they thought they would have and are now paying a little extra to encourage lads to milk on this year and also encourage lads that maybe thinking of getting out to give it one more year… 'closing the door after the horse has bolted' comes to mind.. wonder if milk supply was at the level it was at in 2019/2020 would they be so generous…
plenty of people making money out of the leading milk price arbitration case except the people producing the actual milk.. Kerry Co-op has become a farce… the directors.. the general secretary.. and Jim Woulfe making a killing out of it… and now we have these legal eagles being parachuted in to extract what will be a hefty sum of money from the pot… Kerry Co-Op are outdoing our govt when it comes squandering vast sums of money.. God help us if joint venture went ahead..
Aren't the Kerry coop board hiring the very best legal representation this time to make sure now the milk suppliers get the leading milk price in Ireland .
kerry pay 44cent per litre .The leading milk price my ar.. .Maybe they meant the leading price in kerry only
Problem with milking is it's a fulltime gig. When you go beyond 60-70 you have to factor in management of the workload especially if the land base is dri ing you into derogation.
Cost can mount on cost and where do you stop. Nothing wrong with 60-70 cows, and a tidy beef operation ( maximising cull cow and some calf value) if your land is fragmented.
Some of the dairy investment figures I see would make your eyes water. Having 200k borrowed could be costing anything from 8-14k if not secured.
When times are good some do not watch costs and expense market will always pick up these costs. That is not the way it works
I see on Agriland that Dairygold are planning a census of suppliers. They must be getting anxious in case the trickle of lads hanging up the clusters becomes a deluge……
Ya agree with you this lads no problems wife is civil service pension kids all gone he's in his late 60's a nephew was doing a good share of the work with him.
It's tough going trying to work and hold down employment as well
Doing that and any sort of a job with it would give a lad a far better income than the 60 moos. Milking 75 here and still work part time off farm for the security of the wage while the kids are still in education.
Ya lots of lads wound out around here lad over the road has decided to pull the pin too 60ish cows going to rear calves and beef them
What is the avrage price per litre this year so far?
It would want to carry into next spring too.
Fingers crossed, it's all needed
we will see 50 base soon enough I think
European dairy markets up again this week.
Hopefully another bit to be added to base price before the end of the year
Arrabawn 45.9 inc 0.5 sustainability and 0.75 support …..increase of 2 cent all in on June 👌👌
Lakelands up for july
Virtually never you might win one tranche in 5 or 6.
When you are dealing with forward pricing in Seamus Brennans words "your playing senior hurling now boy". You are up against lads that have access to market dynamics information. These lads tend not to make mistakes. They want regularity of supply but are not willing to pay a premium for it. Look at the debacle during 2021 and early 2022 not only that thebuyers has a get out of hail card if the price collapsed. You be better off betting on futures
Personally in farming I be reluctant to forward price longer than a season
They are usually discounted. The only one I ever signed up to was for this year @ 43.
HoHow often do these fixed prices turn out to be accurate? Genuine question, I never tracked them.
Kerry forward milk price for next year down again to 41.2
Don't know if its true or not but rumours going around that they will pay up for past sins as a sweetener for the joint venture.
Cute kerry hoorers.......now I don't which bunch of ye is cutest but anyway......
Go Big enough anyway. Sure we'll be getting the penalties and interest for underpaying for the last 10 years too.
You can go skiing, I'm heading for Atkins. Will a Fendt 724 drive a set of triple mowers? Or would a 936 be better and keep the 724 on the Fusion. Save swapping them back and forth. Contractor does the pit just want to be able to take out surplus grass as bales. 80 cows so won't be going mad.
Kerrys 13th payment is going to be big in January. I must get booking the skiing holiday.
Its 43.08 inc 0.5c sustainability payment
No cookie last month
So up 1cpl in total but nearly a full cpl behind arrabawn
Up 1c
https://www.agriland.ie/farming-news/tirlan-confirms-milk-price-for-june-supplies/
Not sure if there's a 1c gone from the bonus. Think there was 1.5c for May
https://www.agriland.ie/farming-news/milk-price-tracker-marginal-increases-for-some-co-ops-in-april/
Definitely all needed and I think a good bit more with it
Dont worry glanbia haven't announced theirs yet