mahoney_j wrote: » They may not of paid 41 cent but we've been consistently 2/3 cent a litre ahead of Glanbia price for last few months and currently 1.5 cent ahead .prices dropping but management very bullish that coop is now in a much better position financially to pay a strong price than before at market troughs .not blinded by headlines
frazzledhome wrote: » Your not listening, the top up from the co op will compensate for drop. What happens in the new year is another story. Again your blinded by headlines. Did your coop return 41c base to you in any mth this year. GIIL did and rightly kept 2c aside for volatility, good mgt IMV.
mahoney_j wrote: » If I was a Glanbia supplier and looking at big picture and what the milk markets were returning I'd of been happy to leave fund fully intact till next March /April and let suppliers /ifa put the pressure on to pay a price reflective of market and what other coops were paying.there basically paying ye back yet own money to cover up a harsh and sh1te milk price they set
frazzledhome wrote: » Paid in March or April but could you imagine what you'd be posting and the IFA would be saying had it not been paid:)
mf240 wrote: » Glanbia cut the base price by two cents and then gave two out of the sf so we didnt really get anything.
mahoney_j wrote: » As a Glanbia supper would u of preferred that chunk out of the stability fund paid in September was held over till spring when it will most certainly now be wanted more???
farmersfriend wrote: » Are all suppliers getting the. 5 regardless of whether u are a shareholder or not.
mahoney_j wrote: » Only reason I asked was that in sept most lads would of been geeting at least 37 cent and a lot more with solids even without the fund.next feb/March/April price and solids will be a lot lower
Timmaay wrote: » That not down to money management? At least we have it in the bank now. But agreed to the point that it probably did take the edge of the cut for glanbia. Personally I'd have zero problems with zero market supports from glanbia as such, take the best possible milk price at all times, I'll manage my own price volatility grand considering I'm fairly lowly borrowed. Just like all fixed price or insurance schemes, there is a fee to pay for it in some form or other.
frazzledhome wrote: » The league doesn't inc the stability fund that was paid or the .5c to be paid on all 14 supply. This is of course subject an SGM in January, hardly likely to be defeated. Never know the people who specialise in confusion will turn up to stir the pot. Btw the .5c if passed will make up for price drop 100%. Be warned some darker days in store for Q1.
frazzledhome wrote: » Based on calendar year, paid in Jan ac as well as fixed price adjustment. There's money still in the stability fund to be paid. Real mkt price at the moment 28-29c. Cheese 2300/ tonne with 10k litres to make a tonne. You can see where it's going from that alone. Luckily volumes are small ATM. Fixed price scheme looking like a good move now. Only way to stop fall is Aid to private storage. This would create a floor and buyers will come back in to remove surplus
Milked out wrote: » Is that on calender year or quota year supply? Either way if it comes in the spring as opposed to Dec it would be more helpful for most lads then in both a cash flow and tax point of view. Any thoughts on next year's price do ye think it will hold at 30 or drop below it? The Europeans are predicting further drops I think
frazzledhome wrote: » Be warned some darker days in store for Q1.
frazzledhome wrote: » The league doesn't inc the stability fund that was paid or the .5c to be paid on all 14 supply. This is of course subject an SGM in January, hardly likely to be defeated. Never know the people who specialise in confusion will turn up to stir the pot.
mf240 wrote: » Glanbia right down the bottom of the journal milk price league. Fairly sad performance from them.
glanroy wrote: » stratroy back 3c this month i hear . The honeymoon period is over.
Cow Porter wrote: » Have ya seen the November report on Shinagh website? 7.6l on oad doing 5.19 protein think, forget what the fat was.
The herd has done the same milksolids per cow in 2014 to date as in 2013 even though it has been on OAD since Aug 1st due to quota. Cell count is 225,000. Milk yield is 7.67 litres/cow on OAD. Current milk test is 5.48% fat and 5.19% protein, lactose of 4.37% TBC of 14,000. This is 0.83 kgs of milksolids per cow per day. We are on quota still even with the OAD milking and we are continually monitoring our supplies.
case885 wrote: » Guys around where, carbery? No i doubt many farmers in west cork would want to see it fail seeing as they are funding it. At least they might get a return out of it now.
Deepsouthwest wrote: » Bullsh1t, same milk pricing going on there as everywhere else. Are u really suggesting Carbery would tamper with their milk price? silly post. Maybe a bit of credit where it's deserved, a lot of guys around here really wanted to see them fail in shinagh, great to see them prove the doubters wrong.
C4d78 wrote: » I know it's only a small % drop but it's still worrying it's going in the wrong direction. Anyone hear what Dairygold set Oct price at. Were due to finalise price today?
case885 wrote: » Id be pretty sure no other farmer in west cork is being paid 50c/l where as the farm that was set up and funded by carbery is, what has that got to do with having well run co-ops? Coincidence maybe..
