Milk Price- Please read Mod note in post #1

keep going wrote: »

the other side of that coin is if for example cheese is making 2750 a ton that roughly translate into a milk price of 27 cent so there is no margin in that if milk price stays at 30 cent odd so that dosent make sense.coops are hoping we have reached a tipping point in the market and with smaller volumes are willing to risk it for a month or 2.bear in mind that milk processed today hits the market in 6 months.those heifers came cheap,you were lucky I wasn't in the yard id say:D

They're good value alright, I'd better collect them before he changes his mind! Thanx for ur help

glanbia milk statements are on line, 0.5cpl bonus is very welcome:)

Dawggone wrote: »

The 'spin machine' got carried away in the Irish Coop's...
Setting ye up for a fall that doesn't look like it's going to materialize!

Our crew on this side look to have called it correctly...
Ye wouldn't listen to me last November when I called it!!

Dodged a bullet dwag,drought and fronteras predictions of 3.5% reduction in supply in New Zealand have been a big help

mahoney_j wrote: »

Dodged a bullet dwag,drought and fronteras predictions of 3.5% reduction in supply in New Zealand have been a big help

Exchange rate movement is possibly the biggest influence.

kowtow wrote: »

Exactly.

If we really want the milk price to recover we need to leave the Euro.

Hello Jim corr!!!

kowtow wrote: »

Exactly.

If we really want the milk price to recover we need to leave the Euro.

You being a man who understands these things might explain how we'd deal with all of the other consequences of leaving the euro even assuming it was a cordial break up. Everybody being very adult and cosmopolitan about it joint custody of the kids and a fair division of the assets etc. How would we deal with whoever has replaced George Soros when he decided to have a go at the new punt. I'm no geriatric but I remember overnight rates in the high twenties and paying 18% on term loans all in the name of protecting our exchange rate. I'm happy enough to sacrifice a few percent on a euro milk price in exchange for the stability it brings. Maybe you can make a case for the rollercoaster but I'd take a good bit of convincing.

Just wondering if any one here is having trouble getting on to the Glanbia agrilink website?Thanks

castletrader wrote: »

Just wondering if any one here is having trouble getting on to the Glanbia agrilink website?Thanks

either go in on your phone or through internet explorer

Mad4simmental wrote: »

How much is the sl fine if you go over it? Or dose that depend on how much Ireland is over quota?

28c per litre.

Unused quota will distributed among those over with priority given to those with quota under350 k and levy paid on remainder lads are over.


Lads with good solids will still get 5 or 6 cent a liter which is abit more than youll make throwing it into friesan bull calves but some lads seem to prefer the calf route.

Mad4simmental wrote: »

Fcuk that's steep. 5/6 cent L is better than feeding bull calves and the hassle of it to. I think I'd rather pull out the slurry tanker than pay .28L sl fine!

You miss the point. Milk is making 30 / 35 cent depending on solids.

If you pay the 28cent you have a few cent left over. If you put it in the slurry tank you are losing the full value of the milk.

Sure all them big dairy farmers are rotten with money anyway so theyll be grand:D::D

Brown Podzol wrote: »

18% intrest rates would have been no harm here from 03 through 08.

18% interest rates means the repayments on a 10 year term loan taken out at 8/9% rates double all in the name ( at the time) of political hubris. If you had experienced it you wouldn't be as flippant about it.

8/9% would have done a lot to cool things ten years ago, stricter lending controls on house mortgages would have done the same. Making residential property tax apply to all residential property incl zoned land would now help concentrate developers minds on developing not attempting to control the market. Lots of options before you'd consider rates like that.


In the 20 odd years we had the punt there were at least two if not three extended periods with interest rates as high as this. If you're sitting on piles of cash it's probably great fun but if you're trying to build a business it can cost you everything whether it's caused by political mistakes or the whim of some egomanical scumbag playing with other people's money. The euro is our best protection against it. Does anyone really think Nebraska and California are always in sync on interest/exchange requirements. I doubt that they are but Nebraska benefits from the stability of the dollar and California benefits from the drag places like Nebraska are on the dollar value much the way Germany benefits from the drag of the piigs on the euro. If you think '08 to now has been bad it would have been infinitely worse without the euro imo.

leg wax wrote: »

what have they done,
:eek:

Calm down legs. Just a small logistical change. If you've signed up for electronic payment the only difference is your statement will be arriving a few days later from here on. If you haven't signed up your cheque will now arrive with the later statement. Looks like the payments dept has finally been swamped.

I wonder how this sits with the commitment given all those years ago around the time of the avonmore/waterford merger that the cheques would always be in by the sixteenth. Afair that was a written commitment