Milk Price- Please read Mod note in post #1

jaymla627 · 07-04-2016 09:09AM

atlantic mist wrote: »

Morning lads had nice evening in dungarvan last night. Still having a giggle over some of the anology provided. Was a decent meeting to b fair a lot of god comments from floor and mgt. Have to say the tone had changed from other meetings I attended and long may it continue, gii should hold individual meetings without Plc to improve supplier relations. We're being closely watched on here and supplier activism is annoying the board, what's coming is coming regardless and with outa leading price suppliers are going to continue stressed and annoyed. Not a direct Plc shareholder but was nice to hear how well they are doing. To all foreign buyers following were expecting jump to 50c base in q4 so get in fast the stock at this knock down price wouldn't last foreverðŸ˜€ðŸ˜€ðŸ„

What's the boards stance at the minute in so far as we the suppliers know that the plc is creaming it through getting cheap product of G11 and it's only going to get cheaper by the looks of things....
Its one thing them saying that's what the market is returning and the plc reflecting this with poor profits/share price but it's the polar opposite, their literally pissing into farmers cornflakes and telling them it's milk
Any questions asked of how much product their going to dump into intervention this year in the form of wmp/smp, and what's the story with belview and accredition to make powder for baby formula our has this market evaporated and belview is now just a very expensive wmp plant with no added value

RightTurnClyde · 07-04-2016 09:41AM

atlantic mist wrote: »

Morning lads had nice evening in dungarvan last night. Still having a giggle over some of the anology provided. Was a decent meeting to b fair a lot of god comments from floor and mgt. Have to say the tone had changed from other meetings I attended and long may it continue, gii should hold individual meetings without Plc to improve supplier relations. We're being closely watched on here and supplier activism is annoying the board, what's coming is coming regardless and with outa leading price suppliers are going to continue stressed and annoyed. Not a direct Plc shareholder but was nice to hear how well they are doing. To all foreign buyers following were expecting jump to 50c base in q4 so get in fast the stock at this knock down price wouldn't last foreverðŸ˜€ðŸ˜€ðŸ„

Any talk on milk price over the next couple of months. Lots of rumors going around about March and April's prices.
Any talk about what may be coming down the line from Brussels, again more rumours

freedominacup · 07-04-2016 10:07AM

RightTurnClyde wrote: »

Any talk on milk price over the next couple of months. Lots of rumors going around about March and April's prices.
Any talk about what may be coming down the line from Brussels, again more rumours

Bergin nearly lost his sh1t completely when he was asked directly what his intentions on Mar & Apr milk price were. Apparently the milk price thread on boards is making life very difficult for some glanbia sales rep in Nigeria. Paraphrased a small bit but that's the gist of what he said while losing it. Anyone going to the meetings today or tomorrow needs to question the stated loan debt. They're trying to dress some working capital finance to cover product in stock as debt that has to be serviced from operating margins.

Speaking to Mrs freedom about it last night they're spoofing to the last on this. Net balance sheet position won't be changed by this as this €150m is covered by the stock it's financing and should be paid down as the stock is disposed of. Net of this debt is around €80 million on €8-900m turnover and net profit of €30m. Kt might comment if he's around. One caveat these aren't audited figures Afaik. That's another glaring ommision. GII is up and running well over two years we need to see six monthly accounts within a month of the period end similar to plc. It's our business and we need to know how it's being operated. Running up €150m debt in working capital without our knowledge is a bit rich.

Farmer Ed · 07-04-2016 10:21AM

freedominacup wrote: »

Bergin nearly lost his sh1t completely when he was asked directly what his intentions on Mar & Apr milk price were. Apparently the milk price thread on boards is making life very difficult for some glanbia sales rep in Nigeria. Paraphrased a small bit but that's the gist of what he said while losing it. Anyone going to the meetings today or tomorrow needs to question the stated loan debt. They're trying to dress some working capital finance to cover product in stock as debt that has to be serviced from operating margins.

Speaking to Mrs freedom about it last night they're spoofing to the last on this. Net balance sheet position won't be changed by this as this €150m is covered by the stock it's financing and should be paid down as the stock is disposed of. Net of this debt is around €80 million on €8-900m turnover and net profit of €30m. Kt might comment if he's around. One caveat these aren't audited figures Afaik. That's another glaring ommision. GII is up and running well over two years we need to see six monthly accounts within a month of the period end similar to plc. It's our business and we need to know how it's being operated. Running up €150m debt in working capital without our knowledge is a bit rich.

If the sales rep in Nigeria is having a hard time now, God help him when he finds out they are in a very serious relationship with another Co Op. One would question is it true love or is one partner in the relationship thinking of marrying for the money.

Amazing what people might have to do out of desperation.

kowtow · 07-04-2016 11:58AM

Farmer Ed wrote: »

If the sales rep in Nigeria is having a hard time now, God help him when he finds out they are in a very serious relationship with another Co Op. One would question is it true love or is one partner in the relationship thinking of marrying for the money.

Amazing what people might have to do out of desperation.

The sales rep in Nigeria needs to be out selling, not reading boards.

Dawggone · 07-04-2016 12:17PM

My crowd are holding at 28.75cpl + vat for April. That includes 1cpl deduction to be pooled and repaid in summer.

whelan2 · 07-04-2016 12:23PM

Dawggone wrote: »

My crowd are holding at 28.75cpl + vat for April. That includes 1cpl deduction to be pooled and repaid in summer.

Great to know in advance what you will be getting

Dawggone · 07-04-2016 12:32PM

whelan2 wrote: »

Great to know in advance what you will be getting

We used to get 3 mts ahead but now with Brussels getting involved things are uncertain.

Buford T. Justice XIX · 07-04-2016 12:55PM

Dawggone wrote: »

My crowd are holding at 28.75cpl + vat for April. That includes 1cpl deduction to be pooled and repaid in summer.

What's the reason for the deduction and repayment later, Dawg?

cjpm · 07-04-2016 01:31PM

Dairygold fella I don't know rang me out of the blue to see if I am ok for Feed and Fertiliser!

blackdog1 · 07-04-2016 01:48PM

cjpm wrote: »

Dairygold fella I don't know rang me out of the blue to see if I am ok for Feed and Fertiliser!

They're after changing their reps to different areas a pure disaster. Guy you did business for 20 yrs suddenly moved to Tipperary. Another example of Dairygold not having a clue

Water John · 07-04-2016 01:57PM

Dairygold went out selling Fert all over the place last spring to get turnover figures up.
Probably doing the same now but a bit late. Panic stations.

blackdog1 · 07-04-2016 02:44PM

Water John wrote: »

Dairygold went out selling Fert all over the place last spring to get turnover figures up.
Probably doing the same now but a bit late. Panic stations.

Think that's called business John. Not gonna complain about that

Dawggone · 07-04-2016 03:09PM

Buford T. Justice V wrote: »

What's the reason for the deduction and repayment later, Dawg?

French farmers try and produce the minimum from July to September so these months (spring) there is a glut of milk. The 1cpl is deducted now and shared back out for every liter produced in summer iykwim. Got well over 2cpl back last year.

Buford T. Justice XIX · 07-04-2016 03:15PM

Why try to reduce the production for those months? Is it less profitable or some farm management reason?

Dawggone · 07-04-2016 03:19PM

Buford T. Justice V wrote: »

Why try to reduce the production for those months? Is it less profitable or some farm management reason?

Holidays. One gets fed up of milking 365...

Bass Reeves · 07-04-2016 07:41PM

cjpm wrote: »

Dairygold fella I don't know rang me out of the blue to see if I am ok for Feed and Fertiliser!

I got a call like that 2-3 week ago as well.

Water John wrote: »

Dairygold went out selling Fert all over the place last spring to get turnover figures up.
Probably doing the same now but a bit late. Panic stations.

I think that they may have stock left. They have been pushing the June-Sept payment method on fertlizer and the loyalty but if you are being charged for it what is the use.

RightTurnClyde · 08-04-2016 09:53PM

Global milk prices
image.png
(There's quotas still in Canada, isn't there, ahem

:) )

Dawggone · 08-04-2016 10:27PM

RightTurnClyde wrote: »

Global milk prices
image.png
(There's quotas still in Canada, isn't there, ahem :) )

Now, now Clyde...

Don't you remember '09? Or was it '10?
Whatever...
Regardless it's pointless now.

30yrs of creaming it counts for nought.

atlantic mist · 08-04-2016 10:27PM

http://www.independent.ie/business/farming/shortterm-milk-outlook-is-pessimistic-34597872.html

its funny he wouldnt tell us what milk price they have planned for coming months (and they have budgets done and we are the suppliers most processors can give some guidelines) yet he'd go to the media and announce a low 20 figure, talk about talking the market down im sure the buyers will love that, thats hardly going to help the Nigerian sales rep either poor fella he wouldnt be in line for any bonus this year

im actually still having nightmares over the fonterra mention/model that they are hoping to follow, dont think im going to fit the model considering were indoor for nearly 5 months every year

no product to intervention, but being used as a stick

Dawggone · 08-04-2016 10:37PM

atlantic mist wrote: »

considering were indoor for nearly 5 months every year

Thanks Mist.
It's a bit of a marketing coup. My cows spend more time grazing...Reality, not spin. Fact.

atlantic mist · 10-04-2016 02:08PM

your might see more grass but mine are happier to have roof over their head than to be out on grass especially this weather (8mm of rain this morining), plus im on first name basis with all of them and i give each of them a rub them every day just like the japanese with the wagu beef....milk tastes nicer:)

milk producer group on farmers journal 20m litre pool, interesting development with excellent supply pattern over 365 days

was reading last night the french farmers get paid a higher milk price as they have a larger share of the retail price (more aligned than our, their processor selling skills result in higher farm gate price, value the product as opposed to just trying to achieve sales) and while irish retail prices have increased the same has not applied to the liquid milk producers/consumer products, farm house cheeses in ireland on the increase more producers in ireland presently than france which i found surprising

Dawggone · 12-04-2016 11:56AM

atlantic mist wrote: »

your might see more grass but mine are happier to have roof over their head than to be out on grass especially this weather (8mm of rain this morining), plus im on first name basis with all of them and i give each of them a rub them every day just like the japanese with the wagu beef....milk tastes nicer:)

milk producer group on farmers journal 20m litre pool, interesting development with excellent supply pattern over 365 days

was reading last night the french farmers get paid a higher milk price as they have a larger share of the retail price (more aligned than our, their processor selling skills result in higher farm gate price, value the product as opposed to just trying to achieve sales) and while irish retail prices have increased the same has not applied to the liquid milk producers/consumer products, farm house cheeses in ireland on the increase more producers in ireland presently than france which i found surprising

I've been waiting to respond to this until more certain of the new proposals from Paris.
The will be no A+B+C quota with my processor. Tbh I was concerned because we've nearly trebled production from original quota.
The Coop have committed to an average price of 35cpl over the next five years.
'16 and '17 to be as now, or worse...

The French do make a lot of cheeses under the aoc and aop headings.
I've no idea how many artisan cheeses are produced, or how many producers. It is very encouraging to see so many artisan producers in Ireland now. Maybe the Coop's/Gov/Teagasc should focus more time and money on that produce rather than bigger powder driers...

kowtow · 12-04-2016 12:01PM

Dawggone wrote: »

It is very encouraging to see so many artisan producers in Ireland now. Maybe the Coop's/Gov/Teagasc should focus more time and money on that produce rather than bigger powder driers...

Or they could just leave us alone and let us produce something wonderful.

Preferably without the milk being twice boiled and beaten half to death before it gets to the vat.

Dawggone · 12-04-2016 12:11PM

kowtow wrote: »

Or they could just leave us alone and let us produce something wonderful.

Preferably without the milk being twice boiled and beaten half to death before it gets to the vat.

Lol.
True. Anything they get involved with often gets fecked up.
Raw milk and its products should be an informed and personal choice.

bradygaz · 12-04-2016 01:30PM

Looking to get in touch with any dairy farmer in North / East Wicklow area to see about few gallons of milk every so often for my smallholding pigs... anyone on here?

freedominacup · 12-04-2016 01:32PM

bradygaz wrote: »

Looking to get in touch with any dairy farmer in North / East Wicklow area to see about few gallons of milk every so often for my smallholding pigs... anyone on here?

Try the dairy thread. I think there might be one or two in your area.

Milked out · 13-04-2016 10:06AM

At walk yday, former macra man was saying he met board members from different coops and they said farmers have been very quiet over last few months. He reckoned twas time to start putting pressure on board members as if they say markets are only returning 20c and intervention is 21 and nothing has gone in to intervention in last few weeks so something ain't quiet right

joejobrien · 13-04-2016 10:45AM

[QUOTE=Dawggone;

The French do make a lot of cheeses under the aoc and aop headings.
I've no idea how many artisan cheeses are produced, or how many producers. It is very encouraging to see so many artisan producers in Ireland now. Maybe the Coop's/Gov/Teagasc should focus more time and money on that produce rather than bigger powder driers...[/QUOTE]

Yes Dawggone, couldnt have spoken more true words
One booth dont fit all:D
But sadly its not in the national intrest

so we shall continue as a commidty producers, in the intrest of the state, but fair play to those who do think outside the box

Water John · 13-04-2016 11:03AM

Well squeeze was put on here on unpasturised cheese. This was perceived to be in the best interest of the large processors who were afraid of some incident 'damaging' the national dairy image.

Milk Price- Please read Mod note in post #1

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