Milk Price III

Weather has a big partto play, if you can grow grass easy in good weather, then the handy cow would milk away grand on 2 to 3 kgs of nuts and you still make a profit.

It's when the bad weather and bad milk price come together, then it's a pain.

Anyway do any one really know these times, with world politics and climate uncertainty, you would be brave to guess, at next Mays milk price

I’d be slow to pour a large sum of money out of cashflow into above looking at things as they stand now …..feck it I would be same way anytime a healthy string current account is a seriously strong tool …..I’d be more inclined to borrow good portion …down road overpayments can be made ….taking big chunk out of cashflow if we go through prolonged trough with milk price could leave a lad in tricky position …but I’d say your grand you e loads 😜😜

Erragh I would not be losing sleep over straights banks accounts 😴, he buys land like I would buy a bar of chocolate.

It ain't October's drop of milk he depends on.

A 3 cent drop. At least cull cows are a good price.

Be more likely to see the ifa taking milk of the shelf in lidl than outside lakeland

What exactly is coming? I presume you mean oversupply and lower prices. But honestly, nobody has a clue what’s ahead look at all the predictions that have been wrong over the years.

Even boards over the years has been wrong, I’m getting a bit of déjà vu back to the 2015/16 price collapse with what’s happening now. Even though oil was way lower and for far longer back then and also everyone thought the good times were over and we were in for a long downturn, and it never really materialised.

But as we were saying on here at the time, the real worry for the grass-based system isn’t a short-term fall in milk price, it’s if the ground shifts underneath us. If oil, and by extension all commodities, grains etc, stay lower for longer, then everything resets and milk finds a new lower mid-point.

That’s the ultimate concern, not a cyclical downturn and never minding the demand side. Who's to say we aren't at the start of that happening now 🤔.

Anyway this is too depressing and ill be accused of working for the processors talking down prices discussing this🙃

I think we're in a different world now than times past and there's a different generation of people that just won't take any hardship in dairy farming and will just get out if any pressure comes via soft government powers, disease pressures, regulation, labour problems, even weather.

There's 85,000 fewer dairy heifers and cows in august this year compared to august last year in the country. We saw the growth after quotas went but we never saw such as a reduction so fast in the last couple of years in this country as now.

(the heifer thing in the count is a bit stupid counting them over 2 years. But they are doing it seemingly for years whether/seemingly to hide cow numbers or what. So the two have to be added together anyway to get a figure that can be compared every year. )

There's a hatred of dairy in gov circles and even the journal puts the suckler figure ahead of the dairy to emphasise the suckler drop first. Maybe the tillage thing is to bring attention away from the drops in both suckler and dairy which is now on 233,000 lower animals than last year. Maybe we in the business don't want attention though as attention only serves the agribusiness that live on farmers. As can be seen with the tillage area up 6% in four years and more aid promised and 40,000 tons more cereals delivered into Tirlan this year over last year. And oats exported from ireland. The aid doesn't help the farmer only helps the industry that lives on the farmer. Farmers want lower produce nationally and higher price per litre, ton, etc.