Milk Price- Please read Mod note in post #1

RightTurnClyde · 19-04-2016 07:02PM

Dawggone wrote: »

France dairy update.

With milk price forecasted to slide downwards for the near future, there are many small herds being dispersed. So as I predicted the smaller producers are getting out...however those with the land and ambition are getting bigger. Funny how as all the small producers disappear the global milk production in France is rising. Up an estimated 4% last month.
Not surprisingly a new milk powder plant has been opened (northern France) to supply the world market.

Is that the N****e plant near Dijon.
I have a buddy out there involved in the Pm of a baby powder plant to the east of Dijon. Ye all would have a right laugh if ye knew what country the unpackaged powder was coming to for bulking up and packaging when it gets up and running

:)

Dawggone · 19-04-2016 07:05PM

RightTurnClyde wrote: »

Is that the N****e plant near Dijon.
I have a buddy out there involved in the Pm of a baby powder plant to the east of Dijon. Ye all would have a right laugh if ye knew what country the unpackaged powder was coming to for bulking up and packaging when it gets up and running :)

Pray tell...??

No the powder plant was opened in Brittany.

RightTurnClyde · 19-04-2016 07:15PM

Dawggone wrote: »

Pray tell...??

No the powder plant was opened in Brittany.

Near Besancon, he's gone into it in boring detail, (kowtow would love him) with me, but it involves cheese, a byproduct, 20-30% of baby powder, and slapping a shamrock on the tin. Along those lines. I think that plant has 12-24 months to get up and running. Still at the yellow Tonkas stage.

C4d78 · 19-04-2016 07:24PM

Dairygold cut price by 1c/l. Down to 23c/l inc vat

Farmer Ed · 19-04-2016 07:34PM

alps wrote: »

You're pussy footing John....who said it?

We don't need to know the source

If it came from the same source as I heard, there's also some mention of a 90 m hole in the accounts. Should make interesting reading if they will ever get properly published. Then again as far back as I can remember I can't recall a set of co op accounts that didn't manage to put a positive spin on things no matter how bad they were

Dawggone · 19-04-2016 07:57PM

RightTurnClyde wrote: »

Near Besancon, he's gone into it in boring detail, (kowtow would love him) with me, but it involves cheese, a byproduct, 20-30% of baby powder, and slapping a shamrock on the tin. Along those lines. I think that plant has 12-24 months to get up and running. Still at the yellow Tonkas stage.

The time has come to put an AOC on the shamrock and indeed Ireland. Kerry, Connemara etc are some way protected, but using the Irish image by way of local loopholes is abused to infinity...I suppose it's like 'inversion' and double Irish...prostitution.

freedominacup · 19-04-2016 07:58PM

Dawggone wrote: »

The time has come to put an AOC on the shamrock and indeed Ireland. Kerry, Connemara etc are some way protected, but using the Irish image by way of local loopholes is abused to infinity...I suppose it's like 'inversion' and double Irish...prostitution.

AOC? Abuse of copyright?

Water John · 19-04-2016 08:05PM

C4d, only 6 to go to get it down to 17 cent so for DG.

Dawggone · 19-04-2016 08:13PM

freedominacup wrote: »

AOC? Abuse of copyright?

Kinda.
Appellation d'origine contrôlée.
Controlled designation of origin...
Think Champagne and a host of French cheeses.
Stick on an AoC and put a halt to the whoring. However when your government make a living from FDI that is built on such prostitution, it may be difficult...

browned · 19-04-2016 08:27PM

delaval wrote: »

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?

Supplier Carbery
Base 24.73
Coop av 27.07
Price 34.98
Fat% 4.67
Pr% 3.71
Scc 195

Dawggone · 19-04-2016 08:37PM

browned wrote: »

Supplier Carbery
Base 24.73
Coop av 27.07
Price 34.98
Fat% 4.67
Pr% 3.71
Scc 195

Litres?
Inc vat?

browned · 19-04-2016 08:58PM

Dawggone wrote: »

Litres?
Inc vat?

18 Litres OAD
Including vat

Dawggone · 19-04-2016 09:04PM

browned wrote: »

18 Litres OAD
Including vat

OAD.
I thought you were spring calving? Interesting...management decision due to weather, or, are you going down this route? If so, what kind/breed of cow? This has been niggling my brain for a while...
Please share.

Just to add.
33.4 pr
42.9 bf
5k tbc
94k scc
30.0 mu
33.4 litres
32.6cpl + vat.

I'm actually happy with that, even though Browned whups ass!

jaymla627 · 19-04-2016 09:16PM

browned wrote: »

Supplier Carbery
Base 24.73
Coop av 27.07
Price 34.98
Fat% 4.67
Pr% 3.71
Scc 195

Glanbia supplier wouldn't even of cleared 29 cent on March milk with same solids, seven cent difference is fair eye-opening

degetme · 19-04-2016 09:34PM

Kerry supplier
prot 3.10
Bfat 4.21
Scc 148
27.215c/l
All spring calving. Protein was dire.

browned · 19-04-2016 09:39PM

Dawggone wrote: »

OAD.
I thought you were spring calving? Interesting...management decision due to weather, or, are you going down this route? If so, what kind/breed of cow? This has been niggling my brain for a while...
Please share.

Just to add.
33.4 pr
42.9 bf
5k tbc
94k scc
30.0 mu
33.4 litres

I'm actually happy with that, even though Browned whups ass!

I'm still spring calving. Just got sick of milking cows in the evening to be honest. Had a large group of heifer coming through and said they'd make up the drop in volume. Kiwi fr/jex herd average enough cows. Volume matching last yr, better milk price, lower costs, less work, happy cows and a happier farmer.

browned · 19-04-2016 09:42PM

jaymla627 wrote: »

Glanbia supplier wouldn't even of cleared 29 cent on March milk with same solids, seven cent difference is fair eye-opening

The base may be a cent extra I'm not 100% as the statement isn't the easiest to read. 30% fixed as well

C4d78 · 19-04-2016 10:31PM

Water John wrote: »

C4d, only 6 to go to get it down to 17 cent so for DG.

Well if that's where we're heading Dairygold won't have much milk to collect. They'll be nobody able to sustain prices lower than what they are now for any considerable period of time...

Water John · 19-04-2016 10:40PM

Well as some one else mentioned here, they seem to have a €90M hole, its one way of recovering it. With MSA where are people off to?

Seems to be a battle each month between mangement and Board on the price.

C4d78 · 19-04-2016 10:47PM

Water John wrote: »

Well as some one else mentioned here, they seem to have a €90M hole, its one way of recovering it. With MSA where are people off to?

Seems to be a battle each month between mangement and Board on the price.

People will simply EXIT dairy farming at that price. Can't be produced at anywhere close to that price so Dairygold will have more than a €90million hole to worry about if they attempt that.
It'll never drop below 21/22 is my prediction.
GDT moving right direction already.
Numerous dairy farms being put up for sale every day in NZ. The correction has started. Admittedly it'll take time.

Timmaay · 19-04-2016 10:57PM

C4d78 wrote: »

People will simply EXIT dairy farming at that price. Can't be produced at anywhere close to that price so Dairygold will have more than a €90million hole to worry about if they attempt that.
It'll never drop below 21/22 is my prediction.
GDT moving right direction already.
Numerous dairy farms being put up for sale every day in NZ. The correction has started. Admittedly it'll take time.

The USA who have increased more than the EU and NZs increase combined are showing no signs of taking the foot off the accelerator yet. Until there is a serious weather event that effects the corn yields I can't see any real correction.

Water John · 19-04-2016 10:57PM

I really do hope the correction has started. My sympathy is with those families working hard and relying on the milk.

What some processors are up to is a different story.

The two driving on and downwards without thought for the producer are Glanbia and Dairygold. Each for different reasons.
Glanbia, obviously to drive share price. The motivation or moving force within Dairygold is much more difficult to decipher. Very poor organisational culture, that has little or no respect for their shareholders is a characteristic of it.
Maybe the clue is in the well financed pension within the organisation. Worth about the same as the company. Many seniors looking forward to a healthy and wealthy retirement.
Other than that, I cannot fathom.

alps · 19-04-2016 11:00PM

Water John wrote: »

I really do hope the correction has started. My sympathy is with those families working hard and relying on the milk.

What some processors are up to is a different story.

The two driving on and downwards without thought for the producer are Glanbia and Dairygold. Each for different reasons.
Glanbia, obviously to drive share price. The motivation or moving force within Dairygold is much more difficult to decipher. Very poor organisational culture, that has little or no respect for their shareholders is a characteristic of it.
Maybe the clue is in the well financed pension within the organisation. Worth about the same as the company. Many seniors looking forward to a healthy and wealthy retirement.
Other than that, I cannot fathom.

Ego can also cloud judgement........wolf's erection in Mallow so to speak...

Farmer Ed · 19-04-2016 11:00PM

C4d78 wrote: »

People will simply EXIT dairy farming at that price. Can't be produced at anywhere close to that price so Dairygold will have more than a €90million hole to worry about if they attempt that.
It'll never drop below 21/22 is my prediction.
GDT moving right direction already.
Numerous dairy farms being put up for sale every day in NZ. The correction has started. Admittedly it'll take time.

To be fair the comment of 17c is said to have been made as a suggested way of balancing the books. I think you are correct, if any CEO was allowed to pull of something like that. Any of the board members could never even go to a mart again. No one has said the 90m million hole was necessarily in Dairygolds accounts. But if it were, it would seem strange for them to have a staff pension fund approaching 300m. If one was to arrive from other space and look at that one logicly. You would have to ask the question? In whose best interest is the CoOp working?

MF290 · 19-04-2016 11:09PM

Dawggone wrote: »

Kinda.
Appellation d'origine contrôlée.
Controlled designation of origin...
Think Champagne and a host of French cheeses.
Stick on an AoC and put a halt to the whoring. However when your government make a living from FDI that is built on such prostitution, it may be difficult...

I think there was an article in the Farmers Journal a while back about a farmer whose land was on the edge of the Champagne producing region. There was talk of extending where it could be produced. His land was set to increase in value by an unbelievable amount if it went ahead. It was something along those lines anyway.

jaymla627 · 19-04-2016 11:14PM

Water John wrote: »

I really do hope the correction has started. My sympathy is with those families working hard and relying on the milk.

What some processors are up to is a different story.

The two driving on and downwards without thought for the producer are Glanbia and Dairygold. Each for different reasons.
Glanbia, obviously to drive share price. The motivation or moving force within Dairygold is much more difficult to decipher. Very poor organisational culture, that has little or no respect for their shareholders is a characteristic of it.
Maybe the clue is in the well financed pension within the organisation. Worth about the same as the company. Many seniors looking forward to a healthy and wealthy retirement.
Other than that, I cannot fathom.

Very Intresting graph in annual report for 2015 that showed distribution of dairy expansion and by what % glanbia suppliers increased supplied....
Nearly 60% of increased milk supply came from suppliers who supplied from 1-30% more milk relative to 2014 with less then 10%of suppliers increasing supply over 50%....
It paints a picture at low milk prices/poor years weather wise that glanbia could see massive swings in milk supply as alot of guys in the 1-30% bracket will simply pull back feed to cows/dry off early /cull more cows, their drive to increase share price could backfire spectacular if their relying on year on year growth in milk supply so they can cream more money off expanding litres......
The pension scheme in glanbia isn't anything to be taken lightly either 128 million went on pensions in 2015 down from 170 million in 2014

Farmer Ed · 19-04-2016 11:52PM

jaymla627 wrote: »

Very Intresting graph in annual report for 2015 that showed distribution of dairy expansion and by what % glanbia suppliers increased supplied....
Nearly 60% of increased milk supply came from suppliers who supplied from 1-30% more milk relative to 2014 with less then 10%of suppliers increasing supply over 50%....
It paints a picture at low milk prices/poor years weather wise that glanbia could see massive swings in milk supply as alot of guys in the 1-30% bracket will simply pull back feed to cows/dry off early /cull more cows, their drive to increase share price could backfire spectacular if their relying on year on year growth in milk supply so they can cream more money off expanding litres......
The pension scheme in glanbia isn't anything to be taken lightly either 128 million went on pensions in 2015 down from 170 million in 2014

With those kind of pension schemes you'd have to say that it looks like milking farmers is much more profitable than milking cows.
Tell me please? Is there any new interant scheme for someone wishing to reap the rewards of the farmers hard work?

pedigree 6 · 20-04-2016 12:16AM

C4d78 wrote: »

People will simply EXIT dairy farming at that price. Can't be produced at anywhere close to that price so Dairygold will have more than a €90million hole to worry about if they attempt that.
It'll never drop below 21/22 is my prediction.
GDT moving right direction already.
Numerous dairy farms being put up for sale every day in NZ. The correction has started. Admittedly it'll take time.

Production back 3% in NZ.
Apparently Europe is to blame for dairy slump at the moment (according to NZ).
Talking to someone from glanbia a few weeks back and they said for prices to improve there will have to be a correction of supply.
Hopefully GDT keeps improving. (However farmers here got to be stuck in first place depending on auction on other side of world is another story).
More guarded information on the GDT rises here.
http://www.stuff.co.nz/business/farming/dairy/79107082/milk-prices-continue-to-climb-globaldairytrade-auction

Dawggone · 20-04-2016 05:35AM

Timmaay wrote: »

The USA who have increased more than the EU and NZs increase combined are showing no signs of taking the foot off the accelerator yet. Until there is a serious weather event that effects the corn yields I can't see any real correction.

Problem is that the US have the largest stocks of maize with 30yrs...
Plus China are to stop stockpiling barley...

I've been dodging bullets with the last couple of years with some lucky forward selling of wheat, but not this year as price is on the floor without letup.

Dawggone · 20-04-2016 05:40AM

MF290 wrote: »

I think there was an article in the Farmers Journal a while back about a farmer whose land was on the edge of the Champagne producing region. There was talk of extending where it could be produced. His land was set to increase in value by an unbelievable amount if it went ahead. It was something along those lines anyway.

I think they have extended the Champagne area.

Milk Price- Please read Mod note in post #1

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