Milk Price- Please read Mod note in post #1

jaymla627 · 16-07-2015 10:57PM

stanflt wrote: »

150 cubicles going in this autumn- new parlour in the next two years costing more than the one that was in the journal today

When prices are low it really shows that you can afford to expand if you have a profitable

So you"ve no problem tagging on half a million plus of debt when it looks like milk will be on the floor for 2015/2016 with no signs of any uplift....
Is your system so well run you'll have no problems whatsoever working of a base price of 22-24 cent for the next two years all the while hoping the price of meal dosent rocket in this period

Timmaay · 16-07-2015 11:00PM

jaymla627 wrote: »

I'd say a base of 24 cent for November might be more realistic, working of a base price here of 25 cent a litre for july/August months as a non - shared up glanbia supplier in my calculations

I actually put in 32cent for nov and dec milk, high solids and liquid bonus for me. But both months combined supply of milk only represents 10% of the year, so wont sway the figures by much. But agreed in general, what I've done is only a pure estimate, the yearly average milk price I get could well only work out at 28cent.

Milked out · 16-07-2015 11:12PM

jaymla627 wrote: »

stanflt wrote: »

150 cubicles going in this autumn- new parlour in the next two years costing more than the one that was in the journal today

When prices are low it really shows that you can afford to expand if you have a profitable

So you"ve no problem tagging on half a million plus of debt when it looks like milk will be on the floor for 2015/2016 with no signs of any uplift....
Is your system so well run you'll have no problems whatsoever working of a base price of 22-24 cent for the next two years all the while hoping the price of meal dosent rocket in this period

Projects like that aren't going to be paid for in 1 or 2 years most likely over a number of years in which there will be plenty of peaks and troughs along with capital allowances on tax etc so current price affecting decisions isn't right really unless you need to use cash flow to do it or kickstart it. In our case reseeding roadway and silage slab are our aims but are restricted to cash flow for the moment so will have to see what's there once repayments and director general are covered.

darragh_haven · 17-07-2015 12:55AM

Deepsouthwest wrote: »

Chatting to a friend of mine the other night, (Irish lad) married and living in NZ for 10 yrs. He reckons the NZ public have little sympathy for their farmers anymore. Typical example he was saying was :farmer milking 500 cows doing v well, sells his farm for €5m, buys another farm to milk 1000 cows worth €10, but he pays €12/13m, know he's crying to anyone who'll listen to him cos he can't make his payments.
Sounds like the developers in this country 5 yrs ago, and we didn't have much pity for them.
The NZ story is all driven by over ambition and dare I say it maybe greed.
Is the same thing going to happen here?

The general non farming public in Ireland have little sympathy for farmers, and least of all dairy farmers. I deal with a lot of non farming people in my job and weather it's a miss guided jealousy or just thinking "farmers are always whinging" , they have no time for farmers.

A lot of non dairy farmer's don't care what dairy farmers get for milk either.

whelan2 · 17-07-2015 06:08AM

glanbia milk cheques are in bank account early ,no sign of milk statement on line though

slippy wicket · 17-07-2015 09:20AM

whelan2 wrote: »

glanbia milk cheques are in bank account early ,no sign of milk statement on line though

They'd drive you cracked with how that new website is being managed.
Only details on that is net price per litre.
31.34 cpl. Better than I was expecting.

frazzledhome · 17-07-2015 10:17AM

darragh_haven wrote: »

The general non farming public in Ireland have little sympathy for farmers, and least of all dairy farmers. I deal with a lot of non farming people in my job and weather it's a miss guided jealousy or just thinking "farmers are always whinging" , they have no time for farmers.

A lot of non dairy farmer's don't care what dairy farmers get for milk either.

Always has been the case.

frazzledhome · 17-07-2015 10:23AM

jaymla627 wrote: »

I'd say a base of 24 cent for November might be more realistic, working of a base price here of 25 cent a litre for july/August months as a non - shared up glanbia supplier in my calculations

Will you not buy shares in Sept? New entrants and non shared guy getting a free run with all others excluded from buying

MANSFIELD · 17-07-2015 10:28AM

Deepsouthwest wrote: »

The NZ story is all driven by over ambition and dare I say it maybe greed.
Is the same thing going to happen here?

Looks like it will ,greed being a big factor .

freedominacup · 17-07-2015 10:37AM

darragh_haven wrote: »

The general non farming public in Ireland have little sympathy for farmers, and least of all dairy farmers. I deal with a lot of non farming people in my job and weather it's a miss guided jealousy or just thinking "farmers are always whinging" , they have no time for farmers.

A lot of non dairy farmer's don't care what dairy farmers get for milk either.

I think that's changing, quite a lot in fact. There was an awful lot of animosity toward farmers when I started secondary school thirty years ago. Being a farmers son was enough to get you grief, you would never make any reference to what your father did. My own eldest is just finished first year and while he certainly wouldn't be making any play of what I do he wouldn't be hiding it either. Other kids from different backgrounds would have a certain amount of fascination about different aspects of what we do in fact and the bearded commies who would facilitate bullies to some degree have been replaced by teachers who will from time to time use farming to demonstrate a principal in science or geography. As the general population moves further away from farming and disgruntled siblings who felt hard done by when wills were read people take a different view. Mightened be as prevalent in other areas but certainly changes around here.

ln essence it's just another job that people do. How much time do you have for accountants for example or any of their concerns?

Greengrass1 · 17-07-2015 10:56AM

30.32 Inc vat
bf 4.14
pr 3.78

stanflt · 17-07-2015 11:10AM

Greengrass1 wrote: »

30.32 Inc vat
bf 4.14
pr 3.78

There's something seriously wrong there gg

Base 26
6.6 units for p and f % x .65cp unit roughly could be more

Plus 2 cent top up
Plus 0.66 for some of your liquid milk

Doesn't add up

whelan2 · 17-07-2015 11:12AM

stanflt wrote: »

There's something seriously wrong there gg

Base 26
6.6 units for p and f % x .65cp unit roughly could be more

Plus 2 cent top up
Plus 0.66 for some of your liquid milk

Doesn't add up

would be handy if we could get a look at the statements... agree something not right there gg. My price was similar and solids a good bit lower than yours

whelan2 · 17-07-2015 11:22AM

statements on line now

jaymla627 · 17-07-2015 11:23AM

frazzledhome wrote: »

Will you not buy shares in Sept? New entrants and non shared guy getting a free run with all others excluded from buying

I Will of course, but the 4,000 up front payment will account for alot of what has been held back to date might get maybe around 2,000 of a top up all going well

stanflt · 17-07-2015 11:28AM

June milk

30.05 cpl

3.30 fat yes low fat 3.48 protein

whelan2 · 17-07-2015 11:29AM

stanflt wrote: »

June milk

30.05 cpl

3.30 fat yes low fat 3.48 protein

why was the fat so low, has it come back up, seems to be a problem this year,mine back up at 4.17 last test

Cow Porter · 17-07-2015 11:32AM

stanflt wrote: »

June milk

30.05 cpl

3.30 fat yes low fat 3.48 protein

does solids ratio of less than 1.1 fat to 1 protein indicate sara??

our ratio for may and june was 1.04. at 1.09 now

spotted it in dairygolds june magazine http://www.agritrading.ie/Milk-Matters

stanflt · 17-07-2015 11:33AM

whelan2 wrote: »

why was the fat so low, has it come back up, seems to be a problem this year,mine back up at 4.17 last test

currently at 3.6 rising every collection- cows still doing 30 litre so volume may be diluting it

Sam Kade · 17-07-2015 11:35AM

I got the milking machine serviced today, technician said that farmers aren't put off by milk price dropping. He said He've 6 20 unit parlours to be put in this area.

stanflt · 17-07-2015 11:37AM

Cow Porter wrote: »

does solids ratio of less than 1.1 fat to 1 protein indicate sara??

our ratio for may and june was 1.04. at 1.09 now

spotted it in dairygolds june magazine http://www.agritrading.ie/Milk-Matters

That's an English study that takes no account for protein potential of cow- I've had that discussion many times and not going into again

whelan2 · 17-07-2015 11:38AM

Sam Kade wrote: »

I got the milking machine serviced today, technician said that farmers aren't put off by milk price dropping. He said He've 6 20 unit parlours to be put in this area.

Are they new entrants?

mahoney_j · 17-07-2015 11:40AM

stanflt wrote: »

currently at 3.6 rising every collection- cows still doing 30 litre so volume may be diluting it

Up to 3.87 fat and 3.64 p now 27.8 ltrs .average fat for June 3.53.wont know June price till statement arrives on Monday,still in dark ages here as regards online statement

Sam Kade · 17-07-2015 11:40AM

whelan2 wrote: »

Are they new entrants?

No, they are all expanding.

stanflt · 17-07-2015 11:40AM

Greengrass1 wrote: »

30.32 Inc vat
bf 4.14
pr 3.78

You should of got roughly 33.5 cpl with those solids

Timmaay · 17-07-2015 11:41AM

stanflt wrote: »

June milk

30.05 cpl

3.30 fat yes low fat 3.48 protein

That the actual milk price paid or net price? Net price here only 27.56, 29.44c/l when you add in vat, stability and the coop cookie jar funds. 3.80 bf 3.51 p. 420euro TBC fine in that, which I'd hope to get refunded.

Timmaay · 17-07-2015 11:43AM

Sam Kade wrote: »

I got the milking machine serviced today, technician said that farmers aren't put off by milk price dropping. He said He've 6 20 unit parlours to be put in this area.

Mine said the opposite, things quiet enough with them.

stanflt · 17-07-2015 11:43AM

Timmaay wrote: »

That the actual milk price paid or net price? Net price here only 27.56, 29.44c/l when you add in vat, stability and the coop cookie jar funds. 3.80 bf 3.51 p. 420euro TBC fine in that, which I'd hope to get refunded.

Incl bonus- liquid and fixed price milk

slippy wicket · 17-07-2015 11:48AM

stanflt wrote: »

You should of got roughly 33.5 cpl with those solids

Definitely should alright.
I'm on 31.39 cpl
3.53 P
3.72 f

Could be differences in amounts of milk in fixed pricing schemes.
Makes it hard to compare.

slippy wicket · 17-07-2015 11:50AM

Should have said that was net price.

Milk Price- Please read Mod note in post #1

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