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Milk Price- Please read Mod note in post #1

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Comments

  • Registered Users, Registered Users 2 Posts: 5,893 ✭✭✭Bullocks


    He was 2 hrs late. To put it in HR terms "he wasn't the right fit for our organisation" :)

    Lord jaysus , what was his excuse for being late ?


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


    Bullocks wrote: »
    Lord jaysus , what was his excuse for being late ?

    I didn't even ask


  • Registered Users, Registered Users 2 Posts: 2,282 ✭✭✭Deepsouthwest


    Had my 3 month student call here yesterday for his interview, I told him I'd be around the yard between 3 and 4, he arrived at 330 on the button, I've a feeling he'll be a good one.


  • Registered Users, Registered Users 2 Posts: 30,814 ✭✭✭✭whelan2


    A lad rang me there wanting to know was I going to participate in the glanbia fixed price scceme, closing date is Thursday. I had forgotten all about it, so whats the feeling on it?


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


    whelan2 wrote: »
    A lad rang me there wanting to know was I going to participate in the glanbia fixed price scceme, closing date is Thursday. I had forgotten all about it, so whats the feeling on it?

    We put in for 500k l reckon we'll get less than 100k


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


    whelan2 wrote: »
    A lad rang me there wanting to know was I going to participate in the glanbia fixed price scceme, closing date is Thursday. I had forgotten all about it, so whats the feeling on it?

    What's the offer?


  • Registered Users, Registered Users 2 Posts: 2,358 ✭✭✭awaywithyou


    We're looking at 140+ here probably max out at 150. The facilities would have to be good, ie good roads, fencing and simple yard. Slurry and silage contracted out and probably spring fertiliser too. Calves on automatic feeder in the next few years as well and a fair bit of relief milking as well. Lots of vaccinations to minimise outbreaks of as much as posssible.

    It's all fine going up in numbers when everything is going well but an outbreak of scour/lameness or anything else and the wheels fall off pretty quickly.:(


    reading this would make my uncle a happy man!!

    (for those not in the know my uncle looks after butford's contracting needs:):))


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


    reading this would make my uncle a happy man!!

    (for those not in the know my uncle looks after butford's contracting needs:):))
    :D

    And a good job always, too.


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


    whelan2 wrote: »
    A lad rang me there wanting to know was I going to participate in the glanbia fixed price scceme, closing date is Thursday. I had forgotten all about it, so whats the feeling on it?

    No brainer


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


    No brainer

    Its small beer though,if you're only allowed put 5% on it?
    Now maybe my maths is wrong but on say 150k gallons,it will only be paid on a max of 7500 gallons or 50 quid a week
    It wouldnt pay the groceries or fill the car with petrol
    If base price rises inside a year,its worth even less
    Thats assuming too that everyone gets a max of 5% allocated


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


    Its small beer though,if you're only allowed put 5% on it?
    Now maybe my maths is wrong but on say 150k gallons,it will only be paid on a max of 7500 gallons or 50 quid a week
    It wouldnt pay the groceries or fill the car with petrol
    If base price rises inside a year,its worth even less
    Thats assuming too that everyone gets a max of 5% allocated

    Small or big, still a no brainer. I still hope base rises but highly unlikely with oil at c$40


  • Registered Users, Registered Users 2 Posts: 4,831 ✭✭✭stanflt


    We put in for 500k l reckon we'll get less than 100k


    You'll be lucky to get 1k litres a month- I tried to put 1m litres in manufacturing and 1/2 mill in liquid

    Going to be the biggest over supscribed ever

    Last trading paying really really well😀


  • Registered Users, Registered Users 2 Posts: 1,309 ✭✭✭atlantic mist


    we applied for milk only element, will only be tiny amount of supply so wouldnt consider it an effective hedge, base of 27 cents is achievable on export markets eu average price for 2015 was 30 cents

    did many go for the feed element? we didnt enter, was only for 4 months of entire scheme and the are so hell bent on achieving margins i cant see how its different here

    this will count us out of next fixed price scheme, dont agree with plc dictating terms for our gii fixed price scheme of who can and cant enter, if they want to loose my connection to produce sold in ireland thats produced on my farm so be it, my fridge will look a little different then


  • Registered Users, Registered Users 2 Posts: 4,831 ✭✭✭stanflt


    we applied for milk only element, will only be tiny amount of supply so wouldnt consider it an effective hedge, base of 27 cents is achievable on export markets eu average price for 2015 was 30 cents

    did many go for the feed element? we didnt enter, was only for 4 months of entire scheme and the are so hell bent on achieving margins i cant see how its different here

    this will count us out of next fixed price scheme, dont agree with plc dictating terms for our gii fixed price scheme of who can and cant enter, if they want to loose my connection to produce sold in ireland thats produced on my farm so be it, my fridge will look a little different then



    Feed element is total optional- it will not count you out of next scheme

    Where did you come up with that


  • Registered Users, Registered Users 2 Posts: 4,890 ✭✭✭mf240


    stanflt wrote: »
    Feed element is total optional- it will not count you out of next scheme

    Where did you come up with that

    Those who choose both feed and milk elements will be prioritised for future fixed schemes.

    Im paraphrasing as i dont have the form to hand but it was written on first or second page.


  • Registered Users, Registered Users 2 Posts: 4,831 ✭✭✭stanflt


    mf240 wrote: »
    Those who choose both feed and milk elements will be prioritised for future fixed schemes.

    Im paraphrasing as i dont have the form to hand but it was written on first or second page.


    Priority will be given to those who were involved in the last 2 fixed price schemes iicrc


  • Registered Users, Registered Users 2 Posts: 4,890 ✭✭✭mf240


    stanflt wrote: »
    Priority will be given to those who were involved in the last 2 fixed price schemes iicrc

    Yes thats true.

    My post refers to future schemes. Not the current one.


  • Registered Users, Registered Users 2 Posts: 4,831 ✭✭✭stanflt


    mf240 wrote: »
    Yes thats true.

    My post refers to future schemes. Not the current one.


    I didn't lock in feed price
    It's around 40 a ton across the board dearer than what I can buy


  • Registered Users, Registered Users 2 Posts: 1,309 ✭✭✭atlantic mist


    if you have a look at page 2 under the heading why i should participate in fixed price scheme it says

    "this is no implication for not selecting the feed option in terms of milk volumes allocated under scheme. However in the event gii launch future schemes in partnership with agri business priority access will be given to those who select both fixed milk and fixed feed options"

    make u wonder who is dictating terms in our business, 10 million liters put aside for just the liquid milk producers. whats going to available to manufacturing suppliers....how much is the balance??

    they should concentrate on getting us the best price for milk (which to date they lagged behind all competitors paying a lower base for 2015) and not be mixing them selves up with doing deals with plc/agri business

    we have also been getting feed cheaper else where for past two years so need to look after my margin


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


    He was 2 hrs late. To put it in HR terms "he wasn't the right fit for our organisation" :)

    Went to neighbours son today. This guys working with his dad who is really young. Told him what we're looking for. Agreed to come to us provided we'd allow flexibility towards his own work and allow for time off.

    We of course agreed, had our eye on him for a while. Most important bit is the fact that we get on really well with him.

    We're now sorted for year ahead with full time milker and calf rearer in place. A bit of dry ground to get milkers out wouldn't go astray.

    I'm a happy camper here listening to The Wayerboys and the kids gone for evening, may even venture out for a few light ales ;)


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  • Registered Users, Registered Users 2 Posts: 4,890 ✭✭✭mf240


    stanflt wrote: »
    I didn't lock in feed price
    It's around 40 a ton across the board dearer than what I can buy

    At least 40.


  • Registered Users, Registered Users 2 Posts: 7,084 ✭✭✭kevthegaff


    mf240 wrote: »
    At least 40.
    Do ye have buyer groups??


  • Registered Users, Registered Users 2 Posts: 30,814 ✭✭✭✭whelan2


    stanflt wrote: »
    I didn't lock in feed price
    It's around 40 a ton across the board dearer than what I can buy
    If you are buying from the same place as me , its a much better feed imo as well as being cheaper


  • Registered Users, Registered Users 2 Posts: 5,287 ✭✭✭alps



    "this is no implication for not selecting the feed option in terms of milk volumes allocated under scheme. However in the event gii launch future schemes in partnership with agri business priority access will be given to those who select both fixed milk and fixed feed options"

    This could mean anything in time to come....It probably means that this time there is no implication in not selecting the feed option but in future schemes such as this, prioritisation will occur.


    I really am concerned, particularly after the recent Boherbue decision, that the industry is leading us down a road of controlling both our inputs and our outputs.


  • Registered Users, Registered Users 2 Posts: 7,132 ✭✭✭jaymla627


    stanflt wrote: »
    I didn't lock in feed price
    It's around 40 a ton across the board dearer than what I can buy

    Then id say you'll get sweet f##k all locked in milk even though you put in for crazy amounts of it, theirz no such thing as a free lunch with glanbia.
    Even though they are out with their fixed in feed price given its a ratio of a ton of feed to 5500 litres of milk, it made perfect sense to sign up for both on the assumption they'd give priority to suppliers who ticked both boxes so they wouldnt having to be touring the country with lorries blowing in 1-2tons of feed a supplier if they do go and divide up the milk pool with no bias towards lads that fixed in feed and didnt


  • Registered Users, Registered Users 2 Posts: 1,132 ✭✭✭greenfield21


    Lakeland hold at 26.25c for dec, will it go lower for the year ahead?


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




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



    Feck, I didn't realize those prices are inc vat!
    That's poor.


  • Registered Users, Registered Users 2 Posts: 11,392 ✭✭✭✭Timmaay


    Dawggone wrote: »
    Feck, I didn't realize those prices are inc vat!
    That's poor.

    The vat is only the 5.2% top up for non vat registered farmers I think? But anyways I thought the price didn't include vat?


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


    Timmaay wrote: »
    The vat is only the 5.2% top up for non vat registered farmers I think? But anyways I thought the price didn't include vat?

    Oh yes,the price glanbia announces with great acclaim every month includes vat
    They have a right time
    Shur they'd have to tell you the 'market' price is 22c otherwise as thats all they are actually paying for your milk
    Their return on your solids, the govt and the co op using your own money pay the rest

    If solids are below threshold less Again of course


This discussion has been closed.
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