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Milk Price III

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Comments

  • Moderators, Society & Culture Moderators, Paid Member Posts: 4,972 Mod ✭✭✭✭Siamsa Sessions


    Ah look, we all know what they mean but the 'everything is awesome' tone in the media is hard to listen to.



  • Registered Users, Registered Users 2 Posts: 320 ✭✭yewdairy


    I dunno I must be in a different industry.

    Average milk price here for 2025 will end up around 62 c/l. Add on top of that record calf and cull cow prices. Average price of dairy feed was sub €300 t. It's as good a year as we have ever had on the farm here.

    Weather from grass growth point of view has also been very good, have going for two winters of feed in the yard.

    Financially dairy farms should be going into 2026 in an incredibly strong position.

    There will be plenty of lean times in farming but right now definitely isn't one of them



  • Registered Users, Registered Users 2 Posts: 12,171 ✭✭✭✭mahoney_j


    Nobody is saying this year wasn’t good ….its what’s ahead is the worry .no 2 farms same tho ..yes we great year …good money made for reasons you outlined and we are heading to year end in good position

    But looking at first half of next year at very least cash banked will be needed …where or what ration/nut were you buying that cost sub 300 for year 🤔even the most optimistic farmers I know are all worried financially about next year



  • Registered Users, Registered Users 2 Posts: 7,596 ✭✭✭jaymla627


    Your a top 1%, model farmer, that we all inspire to be, what are your % to hit 62c/l avergage price you must be well north of 5% bf and 4% pr, average price here will be best case 53 c/l at 4.5bf and 3.6pr...

    The preaching and blowing is grand, but belittling the averge supplier, that might be going through a tb outbreak, unexpected nursing home fees, our the 1000 other things that can derail a dairy farm really gets on the nerves….

    A tiny bit of empathy, is a great trait to have



  • Registered Users, Registered Users 2, Paid Member Posts: 31,980 ✭✭✭✭whelan2


    Lads, no one knows what's going to happen but the doom and gloom on this thread is all what ifs. Yes be prepared, but no one ever knows what's around the corner



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  • Registered Users, Registered Users 2 Posts: 320 ✭✭yewdairy


    There is endless negativity on here about dairying I have a different perspective about it that things are very good. People are perfectly entitled to have a completely different view

    My point is that on most dairy farms things are very good financially, maybe things will be terrible next year and we are heading into a prolonged downturn but recent history suggests they don't tend to last that long.

    Our solids are just a bit over 5% fat and 4 % protein. 9.1% combined. Aurivo pay a protein bonus on top of base that is worth about 2 c/ litre extra and our base would have been ahead of tirlans for most of the year. Our kg milk solids are will end up about 520, so plenty of lads on here have much higher production so much higher output cow.



  • Registered Users, Registered Users 2 Posts: 2,645 ✭✭✭awaywithyou


    where did you get your dairy nuts for under 300euro/ton… i must give them a ring… think we are paying 330/ton…

    whats your stocking rate around the parlour..? are u in derogation etc… you post here regularly but i dont know much bout your system…

    in fairness you are correct in general 2025 was very good to dairy farmers.. actually i would say from the 10th july 2024 right upto the 1st september 2025 was as good as any dairy farmer could hope for… unfortunately we are going to pay for it now.. at least the price cuts happened this side of xmas and not springtime like 2023… will prepare lads and help reduce tax bills for this year…

    6months and things hopefully will start to turn… dairying usually doesnt stay down for too long…

    Post edited by awaywithyou on


  • Registered Users, Registered Users 2 Posts: 320 ✭✭yewdairy


    Join a purchasing group, any well run will have nuts delivered under 300 this year. We fed a 13% .96 ufl it was €295 once loads over 8t. Have seen a docket from same nut from the same mill price was€345.

    We are in dero 210kg\ n just over 3cows/ ha on milking block



  • Registered Users, Registered Users 2 Posts: 7,596 ✭✭✭jaymla627


    You are bench-marking the entire dairy industry of the top 10% of dairy farmers, with no thought to the avergage joe soap, the bottom 10% of farms for profitability on 2024 e profit monitor data produced 100kgs ms less than the top 10%, the caveat been they where above the national average for ms production in Ireland....

    As a industry simply using the top 10% as the standard of profitability for bench-marking, when it bears no relavance to the average dairy farmer needs to be called out



  • Registered Users, Registered Users 2 Posts: 883 ✭✭✭degetme


    Not all of us can get this in our coop"Aurivo pay a protein bonus on top of base that is worth about 2 c/l"

    Id love to join a purchasing group round here but if you haven't 150 cow's your not looked at.



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  • Registered Users, Registered Users 2 Posts: 2,645 ✭✭✭awaywithyou


    Kerry 37.5c/l...



  • Registered Users, Registered Users 2 Posts: 320 ✭✭yewdairy


    It's swings and roundabouts, the protein bonus is worth about €120/cow to us but farms with FR cows would easily make that up on sales of their calves and culls.

    Can only speak for the group I am in and there is no minimum herd size.

    I would suggest the reason more groups don't work is farmers unwillingness to work together. Suppliers don't want purchasing groups and will try and pull them apart by giving deals to individuals so the group fails.



  • Registered Users, Registered Users 2 Posts: 632 ✭✭✭Coolcormack1979


    glanbia cut by 4cents.but they announced in their spin for the 2nd or 3rd time in last month or so that they’re investing 120 million invested something that will add value to the milk.any day now lads so hold on tight😂



  • Registered Users, Registered Users 2 Posts: 883 ✭✭✭degetme


    Weve had a good year of it here, kerry supplier, compared to dairygold and glanbia. Probably softing us for contracts next year



  • Registered Users, Registered Users 2 Posts: 7,596 ✭✭✭jaymla627


    No text here yet, so 34 cent base, so much for Jim Bergins statement re tirlain been the best paying co-op in the country, its mad stuff pocketing extra profits in the current downturn, to cashflow 120 million spend on new processing....

    Literally taking 2-3 cents of milk price for 26/27 to pay for this, and they sitting on the cashpile to fund the cap-ex



  • Registered Users, Registered Users 2 Posts: 1,340 ✭✭✭atlantic mist


    36.08c/l tirlan nov price, no annual supplier meetings scheduled for this year, management are giving them a break for the year:) big saving for all farmers there not having to waste diesel to attend



  • Registered Users, Registered Users 2, Paid Member Posts: 31,980 ✭✭✭✭whelan2


    2 cent drop not as bad as could have been. Anyone understand the trading payout thing they're doing.



  • Registered Users, Registered Users 2 Posts: 12,171 ✭✭✭✭mahoney_j


    2 cent drop for Arrabawn/tipp….base now 38.39 inc vat and sustainability (0.75)



  • Registered Users, Registered Users 2 Posts: 4,373 ✭✭✭visatorro


    Quick look at it there, still better off shopping around and getting the best price on the day for cash price if you have the money. Ill be using the tirlan credit facility but I dont buy meal off them so won't meet the 5 cent/litre to qualify for a not so hectic rebate.



  • Registered Users, Registered Users 2 Posts: 3,044 ✭✭✭older by the day


    Drinagh: The milk price for November has reduced by 3.5 cents per litre to 38.05 CPL including SCC bonus & VAT.



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  • Registered Users, Registered Users 2, Paid Member Posts: 3,296 ✭✭✭green daries


    Aurivo have cut 4 cent i hear today



  • Moderators, Society & Culture Moderators Posts: 3,774 Mod ✭✭✭✭K.G.


    New year is approaching and we ll have a little wager as to how low milk price will go this coming year.if anyone want s to be specific we ll take as the average between the top and bottom payer in any given month.



  • Registered Users, Registered Users 2 Posts: 1,710 ✭✭✭dmakc


    The more we talk and bet how low it'll go the more the coops will feel comfortable in lowering it. Need to be careful with this kind of talk not just here but in general



  • Registered Users, Registered Users 2 Posts: 7,596 ✭✭✭jaymla627


    The most damaging talk is the nonesical theroy, co-ops, teagasc etc seem to be parroting is we are low cost producers and will outlast the intensive herds in america/europe/uk, with feed cheap, the 1000 dollar beef calf value in the US, the biggest fear is milk supply internationally powers ahead in 2026, and current commodity prices stay our go below the 27-33 cent range depending on a co-ops product mix....

    Another factor will be fonterra farmers are in for 300-500k payday next year from the sales proceeds of their consumer brands, which will keep cow numbers from dropping off....

    Irish co-ops know anything less than a 40 cent base price for a prolonged period puts huge strain on their average supplier, at 30 cent its carnage



  • Moderators, Society & Culture Moderators Posts: 3,774 Mod ✭✭✭✭K.G.


    Absolute nonsense.if we said the price was going to be 40 cent it will still be what it it will be.



  • Moderators, Society & Culture Moderators Posts: 3,774 Mod ✭✭✭✭K.G.


    The Rodney elliot video told a.shocking story of how much cheap feed is available to US dairy farmers.every signal I read is pushing the price lower.if anybody has any notion of pulling the pen in the next 3 to 5 years go now



  • Registered Users, Registered Users 2 Posts: 3,044 ✭✭✭older by the day


    A lot of these things is wait and see. I would not be smart enough to guess milk/beef /calf/oil/grain price in six months time.

    In fairness most fellas can only do their best in their own yard, eventually the tide will turn.

    A better question to ask is, what is considered a good/fair price nowadays considering costs and the cost of living



  • Registered Users, Registered Users 2 Posts: 1,710 ✭✭✭dmakc


    That's your opinion. They still have to read the room. If they're able to hold at 32c but we've a doom & gloom parade egging on 25c then the PR is already done for them in the next drop. You're making their life easier.



  • Registered Users, Registered Users 2 Posts: 2,517 ✭✭✭ginger22


    Judging by Grassetc latest video the American, Australian or NewZealand lads won't be going broke anytime soon.



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  • Moderators, Society & Culture Moderators, Paid Member Posts: 4,972 Mod ✭✭✭✭Siamsa Sessions


    That’s the biggest question - is there any way farmgate price can rise in relative terms given the control supermarkets have over consumer price?



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