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Milk Price- Please read Mod note in post #1

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  • #6182
    alps
    Registered Users, Registered Users 2 Posts: 5,287 ✭✭✭alps


    Milked out wrote: »
    I'll take the full 15 alright. If I'm complaining in 18 months it cost me money it won't be a bad thing.
    On that price is it possible its an error? My price above is the average I think, was just above with protein and below with fat.don't have statement to hand. Don't understand how price could be below coop average if protein and fat are above it and no penalties?. Scorecard only accounts for 0.4c/L so not a massive amount. Did they contact milk manager?

    No, showed up clear at DG profit monitor meeting, but guys in survival mode at present so enquiry not progressed....expect it to be one of the first things on the agenda when the storm clears. ...


  • #6183
    Water John
    Registered Users, Registered Users 2 Posts: 21,260 ✭✭✭✭Water John


    Alps, maybe it's just another one of Dairygold's mysteries.
    How does a board member not know whether it effects revolving fund? He sits on the board. Surely this went through a board meeting? Did not anyone ask the question? Wouldn't surprise me with their board.
    Big turn around for Wolfe who declared in Ballincollig 12 months ago that he would not be going down the road of fixed price.


  • #6184
    Brown Podzol
    Registered Users, Registered Users 2 Posts: 1,847 ✭✭✭Brown Podzol


    alps wrote: »
    No, showed up clear at DG profit monitor meeting, but guys in survival mode at present so enquiry not progressed....expect it to be one of the first things on the agenda when the storm clears. ...

    Odd here too.
    DG solids for Jan. p 3.42. f 4.31. L 4.73 Average price 29.887.
    My solids for Jan. p 3,51. f 4. 84. L4.76 Price price. 29.887.

    The same to three decimal places. Are we all on a fixed price for 100%.


  • #6185
    Injuryprone
    Registered Users, Registered Users 2 Posts: 1,053 ✭✭✭Injuryprone


    Brown Podzol wrote: »
    Odd here too.
    DG solids for Jan. p 3.42. f 4.31. L 4.73 Average price 29.887.
    My solids for Jan. p 3,51. f 4. 84. L4.76 Price price. 29.887.

    The same to three decimal places. Are we all on a fixed price for 100%.

    I was on to them yesterday. There was a mistake on all January statements in the avg price line in that it copied your own price. Avg was in fact 28.7. Mistake on statement not great sign. Surprised they didn't send a text out about it


  • #6186
    mahoney_j
    Registered Users, Registered Users 2 Posts: 11,731 ✭✭✭✭mahoney_j


    alps wrote: »
    You probably should....at current prices worth .45 across your 2105 supply, and Dairygold board members talking the price down very hard, so that .45 for the next couple of months could be worth quiet a lot more. No mention of the revolving fund in the contract, but board member expects that it will not be applied on this, until it kicks in on overall milk price.

    On a slightly different topic....how come suppliers with higher than coop average fat and protein, grade a1 milk, full bonus points, no fines/deductions, get less than the coop average milk price? Saw one this month, top 10% for far and protein, all bonuses yet outside top 10% milk price? No fixed contracts to complicate issues...

    Winter or liquid contract inclusive ????


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  • #6187
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Injuryprone wrote: »
    I was on to them yesterday. There was a mistake on all January statements in the avg price line in that it copied your own price. Avg was in fact 28.7. Mistake on statement not great sign. Surprised they didn't send a text out about it

    That's impossible Dg could never make a mistake. Didn't they spend something like 15m on an IT system. How could they possibly make a mistake with a state of the art system such as that?

    Only one possible explanation. You all need to go to speck savers


  • #6188
    alps
    Registered Users, Registered Users 2 Posts: 5,287 ✭✭✭alps


    mahoney_j wrote: »
    Winter or liquid contract inclusive ????

    That's could be a reasonable explanation MJ......just one of those things that need a wee bit of a look at to put it to bed...No point in targeting top 10% performance if all not working off the same target...


  • #6189
    Milked out
    Closed Accounts Posts: 3,433 ✭✭✭Milked out


    alps wrote: »
    That's could be a reasonable explanation MJ......just one of those things that need a wee bit of a look at to put it to bed...No point in targeting top 10% performance if all not working off the same target...

    Winter scheme bonus for the 4 months gets paid with Feb milk cheque. Dunno bout liquid milk if there is something different for that or if it's there at all


  • #6190
    Buford T. Justice XIX
    Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    Discussion in kerry about the size of the 13th payment ongoing according to a canvasser this evening.

    It should be interesting in relation to kerrys willingness to support prices this year.


  • #6191
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    U
    Milked out wrote: »
    Winter scheme bonus for the 4 months gets paid with Feb milk cheque. Dunno bout liquid milk if there is something different for that or if it's there at all

    Wimter milk bonus is only paid on the amount of milk you have historically produced in the past an i don't think it's open to new partisapants. Also you will need to supply something like a minimum of 20% of your annual supply over the winter months and a minimum of 4% each winter month.plus you have to meet certain quality conditions also. There's been many the disappointed farmer having incurred all the costs of winter production didn't get his bonus.
    No liquid milk as the business was sold to Glanbia. Dg mainly only do cheese skim and whey. The cream even goes to Glanbia as they don't even make butter.


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  • #6192
    Milked out
    Closed Accounts Posts: 3,433 ✭✭✭Milked out


    Farmer Ed wrote: »
    Wimter milk bonus is only paid on the amount of milk you have historically produced in the past an i don't think it's open to new partisapants. Also you will need to supply something like a minimum of 20% of your annual supply over the winter months and a minimum of 4% each winter month.plus you have to meet certain quality conditions also. There's been many the disappointed farmer having incurred all the costs of winter production didn't get his bonus.

    I'm in it, point of the post was to show it wouldn't have affected figures in this month's milk cheque. The requirements of the scheme are there in front of you and don't change so up to the farmer to meet them, low and all that the bonus is. In the past managing superlevy while meeting winter targets would have caught some lads alright,


  • #6193
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Milked out wrote: »
    I'm in it, point of the post was to show it wouldn't have affected figures in this month's milk cheque. The requirements of the scheme are there in front of you and don't change so up to the farmer to meet them, low and all that the bonus is. In the past managing superlevy while meeting winter targets would have caught some lads alright,

    And it is a closed scheme. Unless you are already in it you can't apply. Id recon the total number of farmers in it would be very small.


  • #6194
    Water John
    Registered Users, Registered Users 2 Posts: 21,260 ✭✭✭✭Water John


    Dairygold Rep saying milk could be 22c for the year.
    I presume sent out with the message.


  • #6195
    Milked out
    Closed Accounts Posts: 3,433 ✭✭✭Milked out


    Farmer Ed wrote: »
    And it is a closed scheme. Unless you are already in it you can't apply. Id recon the total number of farmers in it would be very small.

    Yeah, the driver this year was heading to ballyraggart from mid Dec thru to end Jan I think. Wouldn't be surprised if the scheme was removed all together all tho I suspect it helps with end of year deliveries to Danone, with better quality due to fresh calvers but as u say numbers are fairly small. Considering exiting winter milk myself in 2 years.


  • #6196
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Milked out wrote: »
    Yeah, the driver this year was heading to ballyraggart from mid Dec thru to end Jan I think. Wouldn't be surprised if the scheme was removed all together all tho I suspect it helps with end of year deliveries to Danone, with better quality due to fresh calvers but as u say numbers are fairly small. Considering exiting winter milk myself in 2 years.

    Danone don't take any product produced from winter milk. Will only buy product produced from grass. Also Dg have lost their exclusive contract with Danone. You are likely to see a truck from just about any co op delivering in to macroom.
    It could maybe explain the 22c price as Dg seems more dependent on commoditys than most.


  • #6197
    Milked out
    Closed Accounts Posts: 3,433 ✭✭✭Milked out


    Farmer Ed wrote: »
    Danone don't take any product produced from winter milk. Will only buy product produced from grass. Also Dg have lost their exclusive contract with Danone. You are likely to see a truck from just about any co op delivering in to macroom.
    It could maybe explain the 22c price as Dg seems more dependent on commoditys than most.

    A lot of Nov milk here would still come from grass. When quality of milk drops the milk goes to dairygold for initial processing and then sends it down to Danone until Danone shut up shop for winter. It's when the milk stops being collecting every 2 days in autumn is when it stops going to Danone from farm according to driver here that collects and delivers it there


  • #6198
    Water John
    Registered Users, Registered Users 2 Posts: 21,260 ✭✭✭✭Water John


    Danone in Macroom don't take raw milk to my knowledge. I don't think they have fluid bed driers.
    Worker there says when the quality 'drops off a cliff' in November they switch to dried powder.
    They switch back when cows hit grass.
    DG had a premium on this milk, demineralised whey, over the years. the premium was worth 20M/year.
    This equals the annual capital investment of DG, about.
    This premium dissappeared two years ago, they have been left naked since.
    They had worked on the presumption that this 20M would continue.


  • #6199
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Water John wrote: »
    Danone in Macroom don't take raw milk to my knowledge. I don't think they have fluid bed driers.
    Worker there says when the quality 'drops off a cliff' in November they switch to dried powder.
    They switch back when cows hit grass.
    DG had a premium on this milk, demineralised whey, over the years. the premium was worth 20M/year.
    This equals the annual capital investment of DG, about.
    This premium dissappeared two years ago, they have been left naked since.
    They had worked on the presumption that this 20M would continue.

    Yes Danone only take in deminerised whey and skim and possibly some powders but no raw milk. I'm told nearly 50% of the ingredients in infant formula is not even dairy based and is largely imported from Holland. All this talk about co ops producing infant formula, was a bit fanciful to say the least.


  • #6200
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Looks like the Chinese ultimate goal is to be self sufficient. https://www.agriland.ie/farming-news/australian-government-clears-way-sale-18000-cow-dairy-farm


  • #6201
    jaymla627
    Registered Users, Registered Users 2 Posts: 7,132 ✭✭✭jaymla627


    Farmer Ed wrote: »
    Looks like the Chinese ultimate goal is to be self sufficient. https://www.agriland.ie/farming-news/australian-government-clears-way-sale-18000-cow-dairy-farm

    That's only the start of it by the look of things, this video below is pretty eye-opening http://www.ontheland.co.nz/video/kerry-adams-daa-chartered-accountants-12 could be fire sales of dairy farms at the end of the season out their


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  • #6202
    kevthegaff
    Registered Users, Registered Users 2 Posts: 7,084 ✭✭✭kevthegaff


    jaymla627 wrote: »
    That's only the start of it by the look of things, this video below is pretty eye-opening http://www.ontheland.co.nz/video/kerry-adams-daa-chartered-accountants-12 could be fire sales of dairy farms by the looks of it
    Cruel stuff, tough for a struggling farmer there atm. Hope we don't follow suit


  • #6203
    jaymla627
    Registered Users, Registered Users 2 Posts: 7,132 ✭✭✭jaymla627


    kevthegaff wrote: »
    Cruel stuff, tough for a struggling farmer there atm. Hope we don't follow suit

    Could get very messy quiet quickly with Australian banks controlling the majority of the debt and with their own economy tanking at the minute due to low commodity prices for iron ore etc, they might see repossing these farms and hawking them of to cashed up Chinese investors as a great way to balance the books


  • #6204
    patsy_mccabe
    Registered Users, Registered Users 2 Posts: 11,464 ✭✭✭✭patsy_mccabe


    Ya, similar to how the Japanese bought so much real estate in the US in the early nineties.


  • #6205
    freedominacup
    Registered Users, Registered Users 2 Posts: 7,920 ✭✭✭freedominacup


    patsy_mccabe wrote: »
    Ya, similar to how the Japanese bought so much real estate in the US in the early nineties.

    And that really worked out well for everyone long term?


  • #6206
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    There's a processor here that has 'found' savings of over €40mill through some wage cuts and 'efficiencies'...

    Being dragged over the coals does seem to sharpen the pencil.


  • #6207
    Water John
    Registered Users, Registered Users 2 Posts: 21,260 ✭✭✭✭Water John


    I see Danone's profits are also up. Your right Dawgone, cut the price to the farmer first. We all know who is literally on the 'hind tit'.


  • #6208
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    Water John wrote: »
    I see Danone's profits are also up. Your right Dawgone, cut the price to the farmer first. We all know who is literally on the 'hind tit'.

    Tbf that Coop are guaranteeing a base price of 34cpl for 2016. The government brought in the processors this week and the Mins of Ag.and Fin. had a look at the books..


  • #6209
    Water John
    Registered Users, Registered Users 2 Posts: 21,260 ✭✭✭✭Water John


    Wouldn't it be great to get Noonan and Coveney to look at the books of our processors? Answer; move along nothing to see here!


  • #6210
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    Some things never change...


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  • #6211
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Dawggone wrote: »
    Tbf that Coop are guaranteeing a base price of 34cpl for 2016. The government brought in the processors this week and the Mins of Ag.and Fin. had a look at the books..

    Big contrast to the approach taken by Irish politicians.


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