Milk Price III

HoHow often do these fixed prices turn out to be accurate? Genuine question, I never tracked them.

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

Arrabawn 45.9 inc 0.5 sustainability and 0.75 support …..increase of 2 cent all in on June 👌👌

we will see 50 base soon enough I think

It would want to carry into next spring too.

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

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

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

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 .

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…

achieving the compensation due to milk suppliers for failing to honour the leading milk price as promised and it's about keeping the coops REPUTATION intact as well at any COST ...no one to going to stop them from doing that.

You keep saying that about 70 cows and keep the beef but it’s a lot easier for most dairy farmers to milk 100 than keeping extra lots of animals.

agree ….I’m milking in/around 100 …dropped beef and contract rear replacements ….beef ainmals on dairy farm leave little profit but provide an asset that can be cashed in if needed ….just pray you don’t get locked up with tb ……I e fragmented land and when I did keep beef ainmals to yearlings /stores you were on road every day beteeeen blocks …..operation now far more streamlined just cows ..and more profitable ….you now add in nitrates and all that …I’m not prepared to drop profitable ainmals to keep marginal ones …..I see around here lads that keep beef with dairy in 50/60 to 120 cow scenario do it because they just like the beef game …they could milk more cows but some don’t want to and that’s fair enough

How many are you milking....

The tax man must love you if your milking 75 cows along with a job. Milked 75 here for a few years and the accountant was happy if she could keep my tax bill below 20k p.a. In your case half your wage must be gone straight to revenue....