tanko wrote: » The milling industry in ireland seems to be a perfect example of a price fixing cartel. Has any farming organisation made a complaint to the competition authority about this?
WheatenBriar wrote: » Text from Glanbia New fixed price scheme 27c inc vat this time,locked in for two years and nine months...
WheatenBriar wrote: » Sorry its 29c not 27c I blame the bit of cow sheet on my phone screen Better but not by muchhttps://www.glanbiaconnect.com/news/fixed-milk-price
RightTurnClyde wrote: » The kicker there is line 2 ". The milk volume allocated to each Scheme participant will automatically double after 15 months" That's where you'll pay for your fixed price scheme
Dawggone wrote: » I can source fert here for substantially less than what it's making in Ireland. I was talking to a merchant friend of mine and hinted that it could be organised...couldn't be bothered he said...I still make my margin, the farmers would be the winners there.
Dawggone wrote: Aintree Grand National...bet on a nag, after the first circuit your bet doubles for the same payout...nice.
kowtow wrote: » Glanbia not confident that milk price will exceed 31.5c in the next 29 months?
mf240 wrote: » You'd want to be special kind of idiot to sign up for that scheme.
frazzledhome wrote: The buzz from the experts here is that milk is phucked and due to the financial dire straits world wide will never recover.
mf240 wrote: » All Co op top ups included in the 29 frazzled. After month 15 Co op top ups on top of 29 plus your allocation will be doubled. Nobody in their right mind would make a decision based on my waffle I'd hope.
kowtow wrote: » Surely if that were true it would be the only justification for taking 29c on a fixed price contract, 66% of which will be in 2017 / 18 ?
frazzledhome wrote: » You are correct on top ups, however it's a no brainer
mahoney_j wrote: » Agree with frazz here ,an option to fix a portion of your milk even at 29 is a no brainier .who knows where milk price is going in short to mid term ,it don't look good though .i would love the option to fix a portion of my milk but my processor dosnt offer one
frazzledhome wrote: » If you haven't signed a contract with your crowd, why can't you fix? ;)
kevthegaff wrote: » I'm delighted arrabawn don't rob Peter to pay Paul...
frazzledhome wrote: It's for a portion not all of your milk. Would reducing risk not be prudent?
mahoney_j wrote: » That be the top ups Kev ,would u like an opportunity to fix ax portion of your milk at say 30 cent for circa 15 months .......