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Milk Price III

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Comments

  • Registered Users, Registered Users 2 Posts: 4,096 ✭✭✭visatorro


    May send Stan over!!



  • Registered Users, Registered Users 2, Paid Member Posts: 6,247 ✭✭✭straight


    I was at an ICMSA meeting last night and they are hoping/predicting that the milk price should stay around 45c up to June.

    I'd swear I never saw fellas so pissed off and sick of dairy farming. Morale seems to be very low at the moment.



  • Registered Users, Registered Users 2 Posts: 7,462 ✭✭✭jaymla627


    Most farms have been litetally fire-fighting the past 2 years, between poor weather/last years milk price drops and the nitrates time-bomb hanging over all of it…

    Worryingly milk supply is starting to ramp up in England/most of Europe again and future prices are starting to soften, id say come may/june 2025 co-ops will tare the arse out of milk price, once they know lads will have the cows calved down and are stuck at it for another year



  • Registered Users, Registered Users 2 Posts: 778 ✭✭✭farmertipp


    dairy is no place to owe too much atm. the farms I hear of in bother have no beef enterprise of any description which is a great help to those that have one at the present at least



  • Registered Users, Registered Users 2, Paid Member Posts: 21,218 ✭✭✭✭Bass Reeves


    You cannot be saying that it heresy. Beef is loss making do you not know that. More cow is the gospel. you need 150+ to make ends meet. Buy a zero grazer, a bigger tanker and rent more land

    Slava Ukrainii



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  • Moderators, Society & Culture Moderators, Paid Member Posts: 4,726 Mod ✭✭✭✭Siamsa Sessions


    And don't forget to forget about the calf 😂



  • Registered Users, Registered Users 2, Paid Member Posts: 21,218 ✭✭✭✭Bass Reeves


    We will not say anymore about it this is the milk price thread. I will get given out to

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 4,704 ✭✭✭GrasstoMilk




  • Registered Users, Registered Users 2 Posts: 4,704 ✭✭✭GrasstoMilk


    Why isn’t your son farming fulltime with you if there’s so much money in it



  • Moderators, Society & Culture Moderators Posts: 3,641 Mod ✭✭✭✭K.G.


    The funny thing about milking cows is the fellas who are not milking think there's loads of money in it but the people that go milking all will say there is alot less money than they thought.the secret always with making money milking was always to spend nothing but it has become impossible to avoid the costs lately.talking to a farmer that had a service man in the yard recently and when the bill came it basically 100 euro an hour for what he did in the yard by the time travel time and everything was covered



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  • Registered Users, Registered Users 2, Paid Member Posts: 3,089 ✭✭✭green daries


    Foe once I would be in agreement with your sarcastic view😄



  • Registered Users, Registered Users 2 Posts: 778 ✭✭✭farmertipp


    how much profit did a cow leave this yr? neighbour bought hereford heifers in March and doubled money. you've a very righteous attitude indeed



  • Registered Users, Registered Users 2 Posts: 2,403 ✭✭✭ginger22


    And he fed them for free and then went to the mart again and blew it all.



  • Registered Users, Registered Users 2 Posts: 11,981 ✭✭✭✭mahoney_j


    that’s it in a nutshell ….lot of lads just see purchase price and sale price and think great money ….include full costs inc labour /land charge its buttons on a dairy farm unless it’s at a big scale



  • Registered Users, Registered Users 2 Posts: 7,084 ✭✭✭kevthegaff


    Beef in a milk price thread?



  • Registered Users, Registered Users 2 Posts: 5,328 ✭✭✭alps


    Nobody's promoting that. Self infliction is the only driver to the above, driven by ambition, often misjudged.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,218 ✭✭✭✭Bass Reeves


    I dislike the expression double your money. No point in doubling your money on a 300 euro animal. However I bought two friesian 330kgs in early March. They hung 230kgs DW and averaged 1130 euro. Give my costs to be 225 euro net margin was 375/ head.

    Young lad is friendly with another young lad dairying milking 70ish cows. They run a tidy beef operation with it. He hung there own heifers white heads a couple of weeks ago. 270kgs DW 1450 euro average.

    As calves would they would have gone out of the yard at 3 weeks for 130-150 euro. They got a bit of meal over last winter and 6 weeks before slaughter. Give his costs at 6-800/ head they left 5-700 per head.

    There nitrates are not a serious two of them would still probably be less than a dairy cow for N.

    Post edited by Bass Reeves on

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,403 ✭✭✭ginger22


    A dairy cow milking 6000 litres and a conservative price of 45 cents per litre has a gross output of 2700 Euros and she also has calf, Feed her a ton of ration 350 Euros and she wont eat anymore grass than the beef bullock. Like comparing apples to oranges for profit.



  • Registered Users, Registered Users 2 Posts: 989 ✭✭✭Sacrolyte


    I think profit per cow is a good bench mark. There’s just a few variations in different cow type regarding stocking rate. Subtract your Dafm farm payments if you’re comparing to other farmers as that can be a big variable.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,218 ✭✭✭✭Bass Reeves


    TBH it's you are at the apples and oranges. First off it was heifers both myself and @farmertipp referenced. Next on nitrates a mid rate cow at 92kgsN is equivlent to 1.8 heifers. Turnover would be 2600. You will not need to pare there hooves for lameness, bring them in twice a day to milk them lose 1k say every 5 years between cull and replacement cost. No electricity every day for 9 months to milk them. They will not need a cubicle to lie on for the winter or a scraper to clean behind them. No milking parlour fixed costs and the rations will be coming in 20-30% cheaper than dairy rations. Ya they will need a bit of extra straw from 21 days to 35-40 days old but the way things are going dairy farmer could be keeping them another 7-10 days within a couple of years.

    Workload is significantly different as are costs.

    Slava Ukrainii



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  • Registered Users, Registered Users 2 Posts: 2,403 ✭✭✭ginger22


    And aren't you the one who has been on the dairy thread telling dairy farmers all the profit we are making with your own figures saying it costs 20 cents a litre to produce milk. Have you changed you story now.



  • Registered Users, Registered Users 2 Posts: 778 ✭✭✭farmertipp


    they were brought for 870 in March and made 1600 in factory. I would have thought it was OK for 7 months for a part time operator. also good if all your dairy farm is not in the one block. not everyone can have cows on every acre



  • Registered Users, Registered Users 2 Posts: 4,704 ✭✭✭GrasstoMilk


    those bullocks ate 240€ worth of grass over 28 weeks from early March to mid/late September

    What’s your labour cost, meal and what ever doses they got ?



  • Registered Users, Registered Users 2 Posts: 267 ✭✭yewdairy


    Its depends where the ground their grazing is located. If it's an outblock then I am not sure there is much money in overstocking the milking block with extra cows to try and utilize the outblock. Beef stock grazing what cows can walk to and graze is idiotic though.



  • Registered Users, Registered Users 2 Posts: 12,770 ✭✭✭✭Say my name


    @Bass Reeves I'm getting phone calls here. Your bulls have broken out into the Russian cemetery. They don't mind as much the grass being clipped but they want half an animal for the flowers being ate.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,218 ✭✭✭✭Bass Reeves


    The question I answered regarding cost of production, was where the farmer owed the land was carrying very little debt, was at a relatively low stocking rate below 170kgs/ HA. Big difference where the farm is still needing investment, has rented land and has a lot of labour saving investment.

    Ya good return. Many are forgetting tgat comparing to 10+ years ago, a HE bull calf leaving a farm was making 300 on average at 3 weeks, now they are back around 200 average. HE heifers were making 200-220, last spring somewhere around 100 was the average.

    Beef price base varied from3.5-4/ kg this year it was hardly below 5/kg. This has transformed tge profitability of beef. Yes there is an issue with some of the quality in breeding but beef is profitable.

    Mentioning labour cost is like mentioning the holocaust in a debate the person mentioning has lost the argument. I deal with the rest.

    One was on ration 7 and the other 10 weeks. Technically they were getting 3 kgs but being the smallest in the bunch I doubt if the were eating that. But we give it they were 3kgs by 60 days 180 kgs@ sub 30c/ kg 54 euro. Dosing I buy Bimectin plus@ 175 for 1.25L (75/ half litre)and ordinary Bimectin for 30/ half L. They got a shot of multimin as well. They were small cattle so 7.50 for the lot. Herd test 4.50. Transport from the mart and to the factory 10 each way 20 in total

    I bought them early March they were in a paddock with a bale for three weeks with a few more. They ate half a bale each so 16 euro in that time. I not dusting the grass with cocaine so I generally allow 100 euro for grazing even though I doubt if they have eaten that as they were light cattle but I will let it at 100 euro. That is 186 euro I will put in 40 euro for miscellaneous costs.

    Taking a farmer that had a farm well set 10+ years ago with an ancillary beef operation, who did not expand completely into dairying comparing to a farmer that went with his land 100% milking cows

    When you factor in the extra costs, workload and the way cull and calf prices reduced, is there that much extra profitability in it if he has some hired labour input.

    5 years ago I would have ( and did say) 100% dairy operation, now I thing the numbers have swung the other way unless you have significant land rental costs. Even simple thing where you are borderline on banding finishing a few cull cows can significantly change the economics of the business.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 4,704 ✭✭✭GrasstoMilk


    magic cattle and magic grass to put on so much weight with how poor a year for growing grass it was. They ate c 1.1t grass for 100€ (9c/kg dm). When everyone else’s cost of growing grass has increased yours has decreased ? 🤔 I would allow a kg of grass to cost 15c/kgDM

    If you’re not spreading much fert then you’re not growing much grass so you can’t have much through put of animals



  • Registered Users, Registered Users 2, Paid Member Posts: 3,089 ✭✭✭green daries


    It's like the magic cows 🐄........... you're very familiar with that cconcept your not the first genius to put on a pair of wellies and call yourself better than the rest .…



  • Registered Users, Registered Users 2 Posts: 11,981 ✭✭✭✭mahoney_j


    this place is great craic lately 😩….anyways milk price thread …..September price prediction



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  • Registered Users, Registered Users 2 Posts: 4,704 ✭✭✭GrasstoMilk


    don’t think myself any better than anyone. I just like to call out the bs yourself and others dream up



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