Milk Price III

lads ….our farmer elected boards couldn’t give 2 shites about is ….only time they want to know suppliers is at election time ….the Dairygold cut is some kick in the nuts and questions need to be asked of there board and management as to how that came on one go ….its simply not good enough …board members need to be called out and stop hiding behind management ….they are picking up a nice cheque for there efforts which is paid for by us as well as go off on nice trips …there needs to be accountability and board members for most part are held to account on what they actually do at meetings

3 cent is a savage cut

Unfortunately butter prices are falling and future markets showing more price pressure

https://www.globaldairytrade.info/en/product-results/butter/

Thats link to what butter price has done in gdt, over last 6 months, sky high butter prices have underpinned milk price, that's not there anymore, price is going to come down.

Hopefully won't be too bad and we might see price rises again early in new year, but nobody has a clue what will happen to milk price

will be interesting ….2500/3000 been got for in calf heifers atm ….there is a big shortage of dairyvstock and that won’t be reversed anytime soon

If derogation isn't renewed what then

Once cull prices stay the right side of 6 euro a kilo in factory, simply factory late calving/problem cows and replace with heifers, ethically its wrong but the department and eu heads couldn't give a fiddlers...

Lads replacing lost stock due to tb will easily swallow up any surplus heifers, and theirs Algeria looking for 100k plus heifers in the next 2-3 years for their mega dairy project, plus a strong UK market

Well there is a saying you can buy gold too dear. Arrabawn and Kerry learning that now.

it’s frustrating but class have to make the effort ….the easy option is not to bother ,don’t go for committees or go to area meetings/agm etc where coop top brass and board members are …..too many don’t bother and not enough ask questions ….been on these committees below the boards is pure frustration tho as most of time the lads that are able to probe and ask questions keep getting knocked back and have obstacles put in there way ….and this get fed up

What can lads actually do on these committes though, not suprised no has time for it. The reality is unless Ireland shifts more milk into proper value-added products instead of bulk commodities, we’ll always be tied to the same boom-and-bust cycle of the commodity markets. I actually don't see the point in giving out anymore when global prices tank. Obviously processors need to be run well but efficiences? Probably can sack half their staff… but what else. looking at CME, similar to GDT, spot butter it is down 32% from the 2025 highs in July. Currently at $1.77/lb. What percentage of Irish production is in butter now...

Labour efficency in the coop is an interesting one. Organisation's harp on about so many jobs in the industry. Getting rid of half of them wouldn't be a good look either.

area/tipp slashed price by 2 cent to 46.89…nice bunch …..merger and all the promises we were given were nothing only cheap talk to butter us up

wasn’t expecting things to be all rosey but neither did I expect us to be happy n this position …we’ve gone from paying near leading price in country to near bottom in last year ….lads starting to take note at last but there’s a wedge brewing beteeeen board ,management and suppliers ….we getctext with price nothing as to wether a increase /decrease etc and now throwing in average coop price to try make it look good …big questions now for board/management as to how we’ve got to this position so quick despite all the sugar costing of things pre merger

high 30s low 40s at best for spring is what’s been drip fed out around here …not good enough after money we have invested in processing for casein and fat filled products that came as part of tipp deal ….the messages and phone calls and promises were flying around late last year from board and management ….we’re lucky to get a vague message now telling us just what the milk price is and this shite of quoting average coop milk price …..hopefully now suppliers stand up and start holding boards to account

agree …but product mix comes into it as well zzmyvoen coop has invested (wisely)in casein and we’ve got a lucrative French cheese arm and fat filled products from our merger with tipp …..these were meant to shield us from worst of price drops ….at the moment it isn’t and questions need asking as to why