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Milk Price- Please read Mod note in post #1

delaval

24/6/16

Recently we saw three posters close their accounts over disagreements in the dairy threads. While there is a lot of frustration and discontent with current milk prices and the processing industry, the recent tendency for dairy threads to become tit-for-tat arguments isn’t tolerable for those not involved.

All farming sectors go through difficult periods and during such times there may need to be changes in how threads are moderated.

Dairy threads are going to be more closely monitored and subject to stricter moderation for a while.

To that end we won’t tolerate baiting of posters, constantly reviving old arguments, posters with agendas or crusading for a cause.

Whether it’s discussion of the business or politics of the dairy or other sectors, we expect civility and tolerance toward each other and other opinions as diversity of opinion is needed as a source of different ways of looking at a situation.

"The aim of argument, or of discussion, should not be victory, but progress." - Joseph Joubert

Also please be aware that what you may post as light-hearted banter can be read totally differently by someone adversely affected by the subject matter and evoke a reaction you hadn’t intended.

The ‘Off-Season’ forum, and its anonymous posting, is available for anyone to chat about their situation.

The Mod Team.

I was wondering would it be a help if we posted our milk prices. I would hope that if someone is low that help could be given, on the other hand if high perhaps your tips could help us all.

I would suggest posting your processors base inc Vat for comparison
Post your Nett price for others to help or be helped
I think that solids should be included.
I suggest any seasonal/liquid contract price be excluded or seperated.

I feel that we as farmers do a lot of bitching about processor prices and rightly so IMO. I also feel that we should not worry about it as we can do nothing about base price but we certainly do something about it at farm level.

What do you all think?

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Dawggone

whelan2 wrote: »

Sure thats no problem, we all just lie down and let it happen

Exactly.
You are in a buyers market, and I think I may be in a sellers market...

#grasstomilk.

That 'slogan' is probably the biggest fcuk up you've ever made. Then again, maybe I'm wrong.

How can there be such a price differential between us? Jockeys and horses..

Too tired to read the thread. Sorry.

Dawggone

Prime Time/Today Tonight.

Jesus Wept.

A large dose of reality is needed. FAST!

Christ above!

atlantic mist

the business model is built on cheap milk, once we lie down and accept it,:mad:

ive gotten word from inside they are aiming for a 25 euro share price and the word is they want to achieve this at any cost, who is going to bear the cost of this irish & uk & usa suppliers of milk, grain and veg farmers, they will sell more each year, charge less selling and pay less to suppliers but keep margin for market speculators

the plc share price rocketed when farmers reduced shareholding below the magic number, the value of the company current balance sheet in comparison to when the market is valuing it is very interesting as all valuations of the business based on market speculation rather than core assets as shown in balance sheet, coop value is half what was being spoken of in meetings as shares not open to the market so worth the value in balance sheet not market speculation at a given time when they cant be traded as we have to vote first

us irish suppliers played our part in this huge jump in value (the people who voted knew the lads on the board representing them were no good and signaled to market we needed new people on board sacrificing our majority, wed do that if given the chance in our coop clear out the lot of them)

Aggressive target set by management which from all the aggressive/overpaying for acquisitions to ensure they keep up their ratios for those watching markets, keep an eye on debt levels, they need to show continuous improvement can they show this without spending???

darragh_haven

Dawggone wrote: »

Prime Time/Today Tonight.

Jesus Wept.

A large dose of reality is needed. FAST!

Christ above!

I missed it. What was it about. Worth watching on the Rte player tomorrow?

jack o shea

20 cent in June, and they bragging about it already, they really are a shower of cuts, oh well let's do what we do best, drop our pants and rub in the vasoline.

alps

20c/l equates to a whopping 58 pence .....

......

......

Per gallon.....In old money...

cute geoge

alps wrote: »

20c/l equates to a whopping 58 pence .....

......

......

Per gallon.....In old money...

That cant be right
Wait i just calculated it to 70 pence per gallon in old money
I wonder what year was it that low price beside 2009
i would bet early/mid 80's

Dawggone

WheatenBriar wrote: »

Last month 29c at 3.3 etc from a supplier who showed me his 1 page statement

That's a difference of ~ €7k/100klitres.

Time to move to Strathroy.
I asked my Coop yesterday about moving. I've to give 15 working days of notice. Definite visit of milk manager today...

alps

cute geoge wrote: »

That cant be right
Wait i just calculated it to 70 pence per gallon in old money
I wonder what year was it that low price beside 2009
i would bet early/mid 80's

Sorry you're dead on 71.5...

whelan2

Dawggone wrote: »

That's a difference of ~ €7k/100klitres.

Time to move to Strathroy.
I asked my Coop yesterday about moving. I've to give 15 working days of notice. Definite visit of milk manager today...

We only have to give 3 years notice of moving, 2 years after signing the msa:cool: I wonder if enough farmers pull together can the msa be dumped?

mahoney_j

whelan2 wrote: »

We only have to give 3 years notice of moving, 2 years after signing the msa:cool: I wonder if enough farmers pull together can the msa be dumped?

Only one way to find out whelan ,there's enough disgruntled suppliers here and on twitter ,could be an idea to get a few private messages going try form a group ,meet up and discuss tactics .be careful though Glanbia are seemingly monitoring social media!!!!!.

freedominacup

mahoney_j wrote: »

Only one way to find out whelan ,there's enough disgruntled suppliers here and on twitter ,could be an idea to get a few private messages going try form a group ,meet up and discuss tactics .be careful though Glanbia are seemingly monitoring social media!!!!!.

I sent the contents of dawgs post re baby powder to ten suppliers yesterday. Response was hugely underwhelming. It's easy to hose suppliers who lie down and take it.

Dawggone

Dawggone wrote: »

That's a difference of ~ €7k/100klitres.

Time to move to Strathroy.
I asked my Coop yesterday about moving. I've to give 15 working days of notice. Definite visit of milk manager today...

As predicted, milk manager called...

Made me an offer I couldn't refuse...

Not the horses head in the bed kinda offer!!

keep going

we had our meeting yesterday and im sorry to say but dairy markets are in s%%t.this is getting worse and worse and 20 cent a litre is coming into view without it being there yet.you can storm the boardroom,hang the chief executive and take over the plant but when you go to sell your ton of cheese you ll still only get 2150 a ton and its the same for all products.first scheme of interventionin smp. of 109 k tons is full and the second is nearly half full and im not sure whats going to happen then.west cork held but theres big drops ahead as an existing contract finishs now and the new one is at least 3 cent lower and could be more but we may be able to mitigate it

mahoney_j

freedominacup wrote: »

I sent the contents of dawgs post re baby powder to ten suppliers yesterday. Response was hugely underwhelming. It's easy to hose suppliers who lie down and take it.

Not surprised free ,some of us farmers Are great to talk and type stuff here and elsewhere but when it comes to making real effort and pushing an agenda like this we are sheep and the likes of Glanbia know that .axrecent example id use where real action was took and real results were achieved is in my own coop where a disgruntled group met took action forced decisions from management and cruically backed there decision to jump ship to another coop .our board and management got the kick in the ass they needed and had to take action to stop a mass exodus .result been a very strong milk price and improved coop performance since .unfourtnstely for guys that left to 2 rival coops they have been a long way shy of our base price since and its the rest of suppliers that staid have reaped the benefits

whelan2

When at Glanbia meeting last year we were told Glanbia are committed to their part of the msa and they hoped we would keep to ours. Are they keeping to their side of the agreement?

milkprofit

whelan2 wrote: »

When at Glanbia meeting last year we were told Glanbia are committed to their part of the msa and they hoped we would keep to ours. Are they keeping to their side of the agreement?

Heads should roll something wrotten in GLANBIA when biggest processer pays worst price

Farmer Ed

milkprofit wrote: »

Heads should roll something wrotten in GLANBIA when biggest processer pays worst price

In fairness that honour goes to Dairygold. But gill are definitely ins the title race.

Timmaay

Think I'm gonna sign outa boards for afew weeks ha, none of this doom and gloom doing my head anygood 2bh.

whelan2

Timmaay wrote: »

Think I'm gonna sign outa boards for afew weeks ha, none of this doom and gloom doing my head anygood 2bh.

Whatever you do dont go to an IFA meeting, feck sake depression on a major scale

WheatenBriar

Timmaay wrote: »

Think I'm gonna sign outa boards for afew weeks ha, none of this doom and gloom doing my head anygood 2bh.

Eh don't do that now you have a 4G smartphone,you'll end up looking for other uses for it like that movie I streamed once 'catholic high school girls in trouble'
Its a slippery slope

bogman_bass

WheatenBriar wrote: »

Eh don't do that now you have a 4G smartphone,you'll end up looking for other uses for it like that movie I streamed once 'catholic high school girls in trouble'
Its a slippery slope

Why were they in trouble? did they forget their homework? Were they late for mass?

alps

mahoney_j wrote: »

Not surprised free ,some of us farmers Are great to talk and type stuff here and elsewhere but when it comes to making real effort and pushing an agenda like this we are sheep and the likes of Glanbia know that .axrecent example id use where real action was took and real results were achieved is in my own coop where a disgruntled group met took action forced decisions from management and cruically backed there decision to jump ship to another coop .our board and management got the kick in the ass they needed and had to take action to stop a mass exodus .result been a very strong milk price and improved coop performance since .unfourtnstely for guys that left to 2 rival coops they have been a long way shy of our base price since and its the rest of suppliers that staid have reaped the benefits

Many farmers owe these guys a debt of gratitude....brave and decisive, 2 traits that management don't normally have to deal with...
Hope things go well for them long term.....It will because they will decide that it will

freedominacup

keep going wrote: »

we had our meeting yesterday and im sorry to say but dairy markets are in s%%t.this is getting worse and worse and 20 cent a litre is coming into view without it being there yet.you can storm the boardroom,hang the chief executive and take over the plant but when you go to sell your ton of cheese you ll still only get 2150 a ton and its the same for all products.first scheme of interventionin smp. of 109 k tons is full and the second is nearly half full and im not sure whats going to happen then.west cork held but theres big drops ahead as an existing contract finishs now and the new one is at least 3 cent lower and could be more but we may be able to mitigate it

Explain the post above your one so kg. Management in dairy processors are well capable of spinning figures any direction they want to suit their purposes. If they wanted new processing investment they'd use the same figures to show farmer board members how the new investment was the only option.

Dawggone

freedominacup wrote: »

Explain the post above your one so kg. Management in dairy processors are well capable of spinning figures any direction they want to suit their purposes. If they wanted new processing investment they'd use the same figures to show farmer board members how the new investment was the only option.

If you're referring to my post Free, money wasn't offered. I can't say more than that...

Farmer Ed

freedominacup wrote: »

Explain the post above your one so kg. Management in dairy processors are well capable of spinning figures any direction they want to suit their purposes. If they wanted new processing investment they'd use the same figures to show farmer board members how the new investment was the only option.

They even got some to believe that these plants were state of the art used only for making infant formula. The board members didn't even seem to be able to grasp that infact these new overly priced plants would just be used to turn milk in to powder and store it until they could find someone to buy it.
The one bit missing from the plan was A could they sell this powder and B would the plan be viable for the farmer supplying the milk.

mf240

The only thing Glanbia are worried about is share price.

Perhaps it might be prudent to point out to them that a bunch of disgruntled farmers protesting outside their creamerys featured on the nine o clock news wouldn't be good for share price.

Perhaps they might be able to find a couple of cent a litre somewhere.

Dawggone

If price does drop to 20cpl for say 12 - 18 months...would you return to quota if it brought price to 30cpl?

Just asking.

keep going

freedominacup wrote: »

Explain the post above your one so kg. Management in dairy processors are well capable of spinning figures any direction they want to suit their purposes. If they wanted new processing investment they'd use the same figures to show farmer board members how the new investment was the only option.

yeah but thats like the fella that comes down the yard selling you x or y,its you that has to suck the numbers up if you want to.as i said you can say what you like about anybody on boards or management but the price of end product aint going to change in the current climate.

alps

Dawggone wrote: »

If price does drop to 20cpl for say 12 - 18 months...would you return to quota if it brought price to 30cpl?

Just asking.

Leasing or buying quota looks cheap now when you look at it when the quota went we just added the lease price onto the rental price of the ground and we're paying the full amount anyway.. .