Milk Price- Please read Mod note in post #1

RightTurnClyde · 15-09-2015 12:16PM

kevthegaff wrote: »

We paid short of 10% of superlevy in europe, yet we get 3% of direct aid. Sounds fair

It was our overproduction caused the problem in the first place.

:)
Ya they're dividing up the SL money based on each member states quota. I presume when the envelope lands in Ireland it will in turn be divided by each farmers quota.
(When the cheques come, I must call into my neighbour, who hasn't filled his quota in the last 10 yrs and ask for some of my SL money back)

freedominacup · 15-09-2015 12:22PM

kevthegaff wrote: »

We paid short of 10% of superlevy in europe, yet we get 3% of direct aid. Sounds fair

Won't keep Santy in funds around here. €800 odd on average.

solwhit12 · 15-09-2015 12:23PM

Kerry holding at 26 cent hopefully the rest do the same

WheatenBriar · 15-09-2015 12:51PM

freedominacup wrote: »

Won't keep Santy in funds around here. €800 odd on average.

Wonder if its subject to cross compliance?
A lad I know has 80 cows on straw for the winter ,a tidy farm yard and was told to put them on slats
He gets no sfp as this is the fourth year he's refused afaik
He'll get no aid if so and the multiples are making profits on his bit of milk just the same

whelan2 · 15-09-2015 01:09PM

Has the 70% advancement of sfp been confirmed?

WheatenBriar · 15-09-2015 01:11PM

Announcement of confirmation on that probably next week during ploughing?

RightTurnClyde · 15-09-2015 01:57PM

WheatenBriar wrote: »

Announcement of confirmation on that probably next week during ploughing?

The 70% has been given the green light aswell
PhilHoganEU: 2nd element of our aim to address farmers' cashflow difficulties is to allow MS to advance direct payments up to 70 % from 16 Oct @EU_Agri

rangler1 · 15-09-2015 02:22PM

RightTurnClyde wrote: »

€420 million agreed in direct aid to dairy farmers today in Brussels
Ireland to get €13.7 million of this.

That's €13/ cow is it

Brown Podzol · 15-09-2015 02:33PM

rangler1 wrote: »

That's €13/ cow is it

€10.60

Sacrolyte · 15-09-2015 02:34PM

Brown Podzol wrote: »

€10.60

Whoop de do.

Buford T. Justice XIX · 15-09-2015 02:42PM

Brown Podzol wrote: »

€10.60

Brilliant.

Finally the cows can pay for me to get drunk.

Now all I need is a very, very, very thin straw...

RightTurnClyde · 15-09-2015 03:38PM

If they divide the all the money over the countries quota litres, you're looking at roughly
0.0025€/L or 0.25c/L

Buford T. Justice XIX · 15-09-2015 03:41PM

GDT predicted to rise again this week.

http://www.agriland.ie/farming-news/global-dairy-trade-set-for-another-bounce-this-week/

WheatenBriar · 15-09-2015 03:55PM

RightTurnClyde wrote: »

If they divide the all the money over the countries quota litres, you're looking at roughly
0.0025€/L or 0.000025c/L

Be nice if that was 25c a litre but I presume its 0.25c/litre you mean or roughly a cent a gallon?
Thats a €1000 per 100k gallons for those of us with old brains

boggerman1 · 15-09-2015 04:22PM

Gdt up again today by 16.5%.around 36,000 tons on auction

RightTurnClyde · 15-09-2015 05:15PM

GDT +16.5 %

:):):)
https://www.globaldairytrade.info

Milked out · 15-09-2015 05:18PM

RightTurnClyde wrote: »

GDT +16.5 % :):):)
https://www.globaldairytrade.info

Drive on the nz supply again

RightTurnClyde · 15-09-2015 05:19PM

WheatenBriar wrote: »

Be nice if that was 25c a litre but I presume its 0.25c/litre you mean or roughly a cent a gallon?
Thats a €1000 per 100k gallons for those of us with old brains

Sorry Ya,Decimal in the wrong place, Ya 0.25c/l.
About €1300 for a 100 cow herd. Whoop de do

:(

RightTurnClyde · 15-09-2015 05:21PM

Milked out wrote: »

Drive on the nz supply again

It puts the NZ price back to where they were in April or May, is that still below COP for them, I presume it is?

Milked out · 15-09-2015 05:37PM

RightTurnClyde wrote: »

It puts the NZ price back to where they were in April or May, is that still below COP for them, I presume it is?

I don't know, but positive news for them early on in the season while they still have time to change tack with regard to production could spur them on a bit. How is payment done over there? Normally it's a seasons price quoted not monthly isn't it? Do they get so much a month and then balance at end of season?

Sacrolyte · 15-09-2015 05:47PM

Milked out wrote: »

I don't know, but positive news for them early on in the season while they still have time to change tack with regard to production could spur them on a bit. How is payment done over there? Normally it's a seasons price quoted not monthly isn't it? Do they get so much a month and then balance at end of season?

I think they've learned their lesson.

C0N0R · 15-09-2015 07:31PM

Milked out wrote: »

I don't know, but positive news for them early on in the season while they still have time to change tack with regard to production could spur them on a bit. How is payment done over there? Normally it's a seasons price quoted not monthly isn't it? Do they get so much a month and then balance at end of season?

For example milk supplier will predict the final season price at say $4 and then will open the season paying $2.80 and slowly rise it throughout the season all going well and then pay the final amount the following October. I think. Figures are just plucked out of the sky.

kevthegaff · 15-09-2015 07:33PM

RightTurnClyde wrote: »

Sorry Ya,Decimal in the wrong place, Ya 0.25c/l.
About €1300 for a 100 cow herd. Whoop de do :(

Does that depend on quota or last years supply?

darragh_haven · 15-09-2015 07:39PM

Buford T. Justice V wrote: »

GDT predicted to rise again this week.

http://www.agriland.ie/farming-news/global-dairy-trade-set-for-another-bounce-this-week/

Whats not good is that they are trading lower volumes than the same week last year. The auction 2 weeks ago was only 60% of the previous year. .... so they are most likely stock piling product. And guess when it'll be put on the market - April, May and June

Buford T. Justice XIX · 15-09-2015 07:42PM

darragh_haven wrote: »

Whats not good is that they are trading lower volumes than the same week last year. The auction 2 weeks ago was only 60% of the previous year. .... so they are most likely stock piling product. And guess when it'll be put on the market - April, May and June

But but but I thought it was only those sneaky European types that carried out underhand tactics like that:pac:

Yeah, just looking at that while ago and had the same thought.

darragh_haven · 15-09-2015 07:46PM

Buford T. Justice V wrote: »

But but but I thought it was only those sneaky European types that carried out underhand tactics like that:pac:

Yeah, just looking at that while ago and had the same thought.

Altho, I have been invited to the wedding of the daughter of one of the directors of fonterra. It's on in March in Wellington, so I'll have a word with her sort the whole lot out.

No doubt Coveney will take the credit....

RightTurnClyde · 15-09-2015 07:59PM

kevthegaff wrote: »

Does that depend on quota or last years supply?

Kev, I'm only guessing on that. The €420M is being divided amongst the member states based on their national quotas last year. It's up to Coveney how he divies out the €13M. But my guess is that he'll do it based on people's quota from last year not what they supplied.
There'd be a a lot of giving out if it was done on supplied and not quota, I'd imagine.

RightTurnClyde · 15-09-2015 08:05PM

darragh_haven wrote: »

Whats not good is that they are trading lower volumes than the same week last year. The auction 2 weeks ago was only 60% of the previous year. .... so they are most likely stock piling product. And guess when it'll be put on the market - April, May and June

They'd need serious twine to stock pile that amount and still pay the supplier. And if it went tits up it would sink Fonterra. It would be a major gamble, especially after the interest free loans they're giving farmers. I'd say they're stock piling some, but selling a lot more outside Of the GDT. ???

kevthegaff · 15-09-2015 08:15PM

RightTurnClyde wrote: »

Kev, I'm only guessing on that. The €420M is being divided amongst the member states based on their national quotas last year. It's up to Coveney how he divies out the €13M. But my guess is that he'll do it based on people's quota from last year not what they supplied.
There'd be a a lot of giving out if it was done on supplied and not quota, I'd imagine.

Fk sake only had 50k gallon quota, the world conspires again me:-(

alps · 15-09-2015 08:28PM

RightTurnClyde wrote: »

They'd need serious twine to stock pile that amount and still pay the supplier. And if it went tits up it would sink Fonterra. It would be a major gamble, especially after the interest free loans they're giving farmers. I'd say they're stock piling some, but selling a lot more outside Of the GDT. ???

Fonterra don't stockpile as a rule...they have for a long time now boasted about the way they can make the purchasers do the storage of product. They have been running a system of auction designed to make the rest of the world suffer at their most vulnerable time of their seasons, in their bid to "burn off" the rest.it has just gone yoo far as they say be careful for what you wish for.
I wojld feel they now need to manupilate the auction to give the appearance of scarcity of product and though they might not like it....they will help us all.

Milk Price- Please read Mod note in post #1

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