Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Milk Price- Please read Mod note in post #1

1…124125127129130…334

Comments

  • #3782
    mahoney_j
    Registered Users, Registered Users 2 Posts: 11,731 ✭✭✭✭mahoney_j


    Greengrass1 wrote: »
    Got top up.
    Price was 29.67 before top up
    31.1 after it.
    Top Up was 1.43cpl

    Same as yourself produced 18k more litres this July over last and not much more in the account.
    39.5 cpl for july 14
    @ 4.30 bf
    And 3.74 pr.
    Good to see the increase

    You have any milk in fixed scheme gg,lads that fixed a portion of milk at 31 on pigs back now,sort off!!also on that do u get top up on that portion of milk at 31 cent as well??


  • #3783
    kowtow
    Registered Users, Registered Users 2 Posts: 6,135 ✭✭✭kowtow


    GDT + 14.8% +19% WMP

    lower sales volume than previous auction.


  • #3784
    mahoney_j
    Registered Users, Registered Users 2 Posts: 11,731 ✭✭✭✭mahoney_j


    Gdt + 14.8% hopefully a sign things are/have bottomed out and green shoots of recovery are starting .even though the trade was slightly manipulated


  • #3785
    solwhit12
    Registered Users, Registered Users 2 Posts: 92 ✭✭solwhit12


    Dairygold down 1.5 to 25.5 cpl


  • #3786
    Greengrass1
    Closed Accounts Posts: 9,493 ✭✭✭Greengrass1


    mahoney_j wrote: »
    You have any milk in fixed scheme gg,lads that fixed a portion of milk at 31 on pigs back now,sort off!!also on that do u get top up on that portion of milk at 31 cent as well??

    None lost money with the last scheme. Kinda knew we should have fixed some but I dunno if it's worth it fir 1 yr in 3.
    Swings and roundabouts


  • Advertisement
  • #3787
    kowtow
    Registered Users, Registered Users 2 Posts: 6,135 ✭✭✭kowtow


    Greengrass1 wrote: »
    None lost money with the last scheme. Kinda knew we should have fixed some but I dunno if it's worth it fir 1 yr in 3.
    Swings and roundabouts

    someone needs to check to what extent the co-ops managed to sell the milk taken under the fixed price scheme forward - in other words to hedge it.

    If it was left "uncovered" then those who didn't take a fixed price are now simply subsidising those who did. In that scenario everyone should always take the fixed price scheme because they are paying for it pro-rata anyway..

    did / will the co-ops publish this information?


  • #3788
    Milked out
    Closed Accounts Posts: 3,433 ✭✭✭Milked out


    solwhit12 wrote: »
    Dairygold down 1.5 to 25.5 cpl

    Balls


  • #3789
    red bull
    Registered Users, Registered Users 2 Posts: 1,390 ✭✭✭red bull


    Arrabawn 26.37 cpl


  • #3790
    frazzledhome
    Closed Accounts Posts: 6,278 ✭✭✭frazzledhome


    mahoney_j wrote: »
    You have any milk in fixed scheme gg,lads that fixed a portion of milk at 31 on pigs back now,sort off!!also on that do u get top up on that portion of milk at 31 cent as well??

    You get on top of fixed as well as winter or any other bonus.


  • #3791
    frazzledhome
    Closed Accounts Posts: 6,278 ✭✭✭frazzledhome


    kowtow wrote: »
    someone needs to check to what extent the co-ops managed to sell the milk taken under the fixed price scheme forward - in other words to hedge it.

    If it was left "uncovered" then those who didn't take a fixed price are now simply subsidising those who did. In that scenario everyone should always take the fixed price scheme because they are paying for it pro-rata anyway..

    did / will the co-ops publish this information?

    Fully covered, fixed volume to large customer. Price fixed at both ends, come what may

    No hedge of futures


  • Advertisement
  • #3792
    visatorro
    Registered Users, Registered Users 2 Posts: 3,865 ✭✭✭visatorro


    read interesting if depressing article in the economist there. page 59. blaming china's downturn and increase in domestic supply of milk for milk price in NZ. also blames abolition of quota in Europe and ban of imports into Russia.


  • #3793
    farmer lad
    Registered Users, Registered Users 2 Posts: 68 ✭✭farmer lad


    solwhit12 wrote: »
    Dairygold down 1.5 to 25.5 cpl
    Always bottom of the pile:(:(


  • #3794
    solwhit12
    Registered Users, Registered Users 2 Posts: 92 ✭✭solwhit12


    farmer lad wrote: »
    Always bottom of the pile:(:(

    Woulfe was saying no upturn until well into 2016 anyway .I say we'll have to cut back on the steak dinners and back to the corned beef.


  • #3795
    Buford T. Justice XIX
    Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    solwhit12 wrote: »
    Woulfe was saying no upturn until well into 2016 anyway .I say we'll have to cut back on the steak dinners and back to the corned beef.
    Ate the dinner first thing in the morning and have a good run at the day;)


  • #3796
    frazzledhome
    Closed Accounts Posts: 6,278 ✭✭✭frazzledhome


    yosemitesam1 wrote: »
    How much debt would lads like that have?

    http://www.agriland.ie/farming-news/kiwi-dairy-farmers-debt-has-trebled-in-10-years/

    I love the line "too big to fail"


  • #3797
    Milked out
    Closed Accounts Posts: 3,433 ✭✭✭Milked out


    frazzledhome wrote: »
    http://www.agriland.ie/farming-news/kiwi-dairy-farmers-debt-has-trebled-in-10-years/

    I love the line "too big to fail"

    What does 1.20/ kg equate to in c/L?


  • #3798
    kowtow
    Registered Users, Registered Users 2 Posts: 6,135 ✭✭✭kowtow


    frazzledhome wrote: »
    Fully covered, fixed volume to large customer. Price fixed at both ends, come what may

    No hedge of futures

    Ah perfect. There's no cheaper hedge than that.

    So our sympathies should lie with the "large customer" on this occasion.


  • #3799
    C0N0R
    Registered Users, Registered Users 2 Posts: 1,960 ✭✭✭C0N0R


    Milked out wrote: »
    What does 1.20/ kg equate to in c/L?

    1.20 a kg is €.71 a kg which at 8% solids its 6 cent a litre? Could be waaay wrong on that

    Is that servicing interest or debt repayment? I know of people who never intend to reduce the capital of their debt just service the interest, hope land values increase/make enough money from dairy and sell up. Pay interest or pay tax is the choice.


  • #3800
    Milked out
    Closed Accounts Posts: 3,433 ✭✭✭Milked out


    C0N0R wrote: »
    1.20 a kg is €.71 a kg which at 8% solids its 6 cent a litre? Could be waaay wrong on that

    Large amount of debt but manageable all the same hopefully for most


  • #3801
    Mehaffey1
    Registered Users, Registered Users 2 Posts: 1,671 ✭✭✭Mehaffey1


    Cows pumping today in the morning and the afternoon today. They're in good quality grass(for now), round bales of silage and two hours grazing Fodder Beet at 2kg per cow. Also, learned an order for 100 tonnes of palm kernel has been placed and spring urea is being sorted. Gdt was up and the boss been with his woman 20 years today. New fella is getting faster at cupping since I told him to just walk backwards (ye think he would've caught on a fortnight in!)

    Today has been a good day, tomorrow just has to be a disaster


  • Advertisement
  • #3802
    Deepsouthwest
    Registered Users, Registered Users 2 Posts: 2,282 ✭✭✭Deepsouthwest


    Drinagh Co-op holding price at 29c/l. We are so lucky to have so lucky to have Carbery down here in west cork. Always near the top of the pile and so much more to be thankful of.


  • #3803
    WheatenBriar
    Closed Accounts Posts: 3,170 ✭✭✭WheatenBriar


    Deepsouthwest wrote: »
    Drinagh Co-op holding price at 29c/l. We are so lucky to have so lucky to have Carbery down here in west cork. Always near the top of the pile and so much more to be thankful of.

    And your Co op not going broke behaving like a co op either...


  • #3804
    18MonthsaSlave
    Banned (with Prison Access) Posts: 571 ✭✭✭18MonthsaSlave


    According to news here in Germany Farmers are being paid 28.5c per litre which is more than some of the Irish Dairies pay.


  • #3805
    blackdog1
    Registered Users, Registered Users 2 Posts: 2,186 ✭✭✭blackdog1


    Deepsouthwest wrote: »
    Drinagh Co-op holding price at 29c/l. We are so lucky to have so lucky to have Carbery down here in west cork. Always near the top of the pile and so much more to be thankful of.

    It makes a complete mockery of all these so called experts saying we should merge all our coops. Every year the small West cork coops are on top of the milk leagues.


  • #3806
    18MonthsaSlave
    Banned (with Prison Access) Posts: 571 ✭✭✭18MonthsaSlave


    So in Germany farmers are being paid 28.5 cent per litre and it is being sold in 1 litre tetra packs in supermarkets for 51 to 55 cent.
    In Ireland the dairies are paying less and it is retailing at 75 cent per litre.

    Never let a good crisis go to waste.


  • #3807
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    Sooo.
    The average BASE price I'll get this year is 36.97cpl. On this thread people (with massive MS) will be hard fought to attain this.
    Did anyone actually read the Teagasc document that Kowtow posted?
    TBH I've new appreciation for Teagasc.


    For those of you that didn't read it the synopsis goes like...The larger dairy herds can compete with the EU and the rest of the world...but the rest are phucked. That includes the 'average' family farm.
    Read it please. It's what I've been bullshyting about for toooo long.
    The problem is land price and scale...


  • #3808
    18MonthsaSlave
    Banned (with Prison Access) Posts: 571 ✭✭✭18MonthsaSlave


    News Report on German TV this evening talking about weidemilch which is just pasture milk. Customers are willing to pay more for it on ethical and health grounds. They only require the cows to be on pasture 120 days a year. Do Irish dairies pay a premium to producers of weidemilch?


  • #3809
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    18MonthsaSlave wrote: »
    News Report on German TV this evening talking about weidemilch which is just pasture milk. Customers are willing to pay more for it on ethical and health grounds. They only require the cows to be on pasture 120 days a year. Do Irish dairies pay a premium to producers of weidemilch?

    I had a good chat with a French neighbour that keeps 140 BA suckler cows and produces 200k Ducks a year. He was saying that the Irish beef is fabulous and it has to be so because it never goes indoors...I asked him how much time do his animals spend indoors...could be up to 100days says he!
    Needless to say that I didn't bother pointing out that a 5-6month winter period is common in the whest...
    Why not capitalise on a perceived advantage?


  • #3810
    RightTurnClyde
    Registered Users, Registered Users 2 Posts: 2,143 ✭✭✭RightTurnClyde


    Dawggone wrote: »
    Sooo.
    The average BASE price I'll get this year is 36.97cpl. On this thread people (with massive MS) will be hard fought to attain this.
    Did anyone actually read the Teagasc document that Kowtow posted?
    TBH I've new appreciation for Teagasc.


    For those of you that didn't read it the synopsis goes like...The larger dairy herds can compete with the EU and the rest of the world...but the rest are phucked. That includes the 'average' family farm.
    Read it please. It's what I've been bullshyting about for toooo long.
    The problem is land price and scale...

    Very true ... this is where the likes of Teagasc need to up their game. They were "forward thinking" 6 years ago when they told us quota would never be an issue again and expand away. Quota, as it turns out was an issue but they were bang on with how to expand quickly and cheaply.
    They've banged the drum for the last number of years with regards grass, breeding, etc. anyone who's going to take up this advice has done so by now. They now need to move on and start giving us options for the next step. What's the plan for 5 years time. Once labour and land is maxed up,what's the plan then.


  • Advertisement
  • #3811
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    RightTurnClyde wrote: »
    Very true ... this is where the likes of Teagasc need to up their game. They were "forward thinking" 6 years ago when they told us quota would never be an issue again and expand away. Quota, as it turns out was an issue but they were bang on with how to expand quickly and cheaply.
    They've banged the drum for the last number of years with regards grass, breeding, etc. anyone who's going to take up this advice has done so by now. They now need to move on and start giving us options for the next step. What's the plan for 5 years time. Once labour and land is maxed up,what's the plan then.

    There is no plan B. Expand or slowly go out of business.
    Tillage has been in a world market for quite a while now and how many 100-200 acre tillage farmers do you know?

    Expand, expand, expand.
    The heady days are well gone. If you don't produce cheaper product, someone else will.



    IMHO there is a very slim chance of a plan B but it requires a complete change of attitude of the processors. Capitalise on the perceived advantage of grass fed cows. Then the Kiwis would blow the Irish out of the water...:(


This discussion has been closed.
Advertisement