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Milk Price- Please read Mod note in post #1

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Comments

  • #7562
    Timmaay
    Registered Users, Registered Users 2 Posts: 11,392 ✭✭✭✭Timmaay


    http://www.prevention.com/food/more-omega-3s-grass-fed-meat


  • #7563
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Very small turnout at Dairygold Agm today.
    Farmer apathy I would suspect


  • #7564
    blackdog1
    Registered Users, Registered Users 2 Posts: 2,185 ✭✭✭blackdog1


    Farmer Ed wrote:
    Very small turnout at Dairygold Agm today. Farmer apathy I would suspect

    Unfortunately I couldn't make it you might keep us updated.


  • #7565
    Bass Reeves
    Registered Users, Registered Users 2 Posts: 20,450 ✭✭✭✭Bass Reeves


    ozil10 wrote: »
    29 cent plus top up If you are member of Glanbia coop society and runs from April 2016 to Dec 2018 ( 2 years 9 months) but the milk volume you applied for will be doubled from July 2017 to Dec 2018
    Correct me if I'm wrong on any point

    Am I reading this right if you get 5K/year Litres at 29c/L you have to supply 10K litres at 29c/L/year pro rata from July17-dec 2018.

    If i I am reading it right it is taking the piss

    Slava Ukrainii



  • #7566
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    blackdog1 wrote: »
    Unfortunately I couldn't make it you might keep us updated.


    O.Gowrmans will earn their keep today trying to make the photos look like there is a crowd. Apoximitly 130. Take away managment and board and board wannabees. Not a lot of average Joe farmers. Pretty poor show for a co op claiming to have 9000 members. You are looking at something like less than 1% turn out. Then again I always suspected that some of those alleged 9000 members might not even be still alive. I wouldn't say the Register would not be the most up to date. Only way to get removed is to supply milk to another co op. in the eyes of the company secretary. A fate worse than death.


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  • #7567
    keep going
    Closed Accounts Posts: 3,551 ✭✭✭keep going


    Farmer Ed wrote: »
    O.Gowrmans will earn their keep today trying to make the photos look like there is a crowd. Apoximitly 130. Take away managment and board and board wannabees. Not a lot of average Joe farmers. Pretty poor show for a co op claiming to have 9000 members. You are looking at something like less than 1% turn out. Then again I always suspected that some of those alleged 9000 members might not even be still alive. I wouldn't say the Register would not be the most up to date. Only way to get removed is to supply milk to another co op. in the eyes of the company secretary. A fate worse than death.
    are you there!!!!!!!!!!


  • #7568
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    keep going wrote: »
    are you there!!!!!!!!!!


    I'm the guy with the beard, dark glasses and wearing a trench coat


  • #7569
    Bass Reeves
    Registered Users, Registered Users 2 Posts: 20,450 ✭✭✭✭Bass Reeves


    Farmer Ed wrote: »
    I'm the guy with the beard, dark glasses and wearing a trench coat

    have you a tommy gun under the trench coat

    Slava Ukrainii



  • #7570
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    22c projected average milk price for 2016 and 25m capital spend this year. 100 m due to be repaid to the banks before the end of 2017. Borrowings to rise to 200m mid season.


  • #7571
    Dawggone
    Closed Accounts Posts: 6,506 ✭✭✭Dawggone


    Farmer Ed wrote: »
    22c projected average milk price for 2016


    Use the phuckin' Tommy gun NOW!!


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  • #7572
    keep going
    Closed Accounts Posts: 3,551 ✭✭✭keep going


    Farmer Ed wrote: »
    22c projected average milk price for 2016 and 25m capital spend this year. 100 m due to be repaid to the banks before the end of 2017. Borrowings to rise to 200m mid season.

    you need help


  • #7573
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    keep going wrote: »
    you need help

    I think anyone supplying them might need financial help. 70 per cent of the extra production gone into powder. 50 m of last year's capital investment came from cash flow. Looks like the well is running dry.


  • #7574
    kevthegaff
    Registered Users, Registered Users 2 Posts: 7,084 ✭✭✭kevthegaff


    Farmer Ed wrote: »
    22c projected average milk price for 2016 and 25m capital spend this year. 100 m due to be repaid to the banks before the end of 2017. Borrowings to rise to 200m mid season.
    Pretty sh$t figures, why the high repayments?


  • #7575
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    kevthegaff wrote: »
    Pretty sh$t figures, why the high repayments?


    Don't worry they say their talking to the banks and there's no problem.

    Must keep my wits about me here or I could get hit by a flying pig.


  • #7576
    wats the craic
    Registered Users, Registered Users 2 Posts: 532 ✭✭✭wats the craic


    Farmer Ed wrote: »
    I think anyone supplying them might need financial help. 70 per cent of the extra production gone into powder. 50 m of last year's capital investment came from cash flow. Looks like the well is running dry.

    i been hearding glanbia are soon ready to pounce on dairygold to buy ye out within 12 months to 18 months , was told this by a board member of glanbia a couple of weeks ago . ye will be rightly screwed if true .


  • #7577
    kevthegaff
    Registered Users, Registered Users 2 Posts: 7,084 ✭✭✭kevthegaff


    Bass Reeves wrote: »
    have you a tommy gun under the trench coat

    Drown them in milk powder!


  • #7578
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    wats the craic wrote: »
    i been hearding glanbia are soon ready to pounce on dairygold to buy ye out within 12 months to 18 months , was told this by a board member of glanbia a couple of weeks ago . ye will be rightly screwed if true .

    I reported it here six months ago that they are dating. Was dismissed as a conspiracy theory at the time.Not so sure now that the Glanbia shareholders will approve of the marriage. Interesting times


  • #7579
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Bass Reeves wrote: »
    have you a tommy gun under the trench coat

    No I have a bucket. I'm a pacifist with a weak bladder. Just as well I suppose all things considered.


  • #7580
    wats the craic
    Registered Users, Registered Users 2 Posts: 532 ✭✭✭wats the craic


    Farmer Ed wrote: »
    I reported it here six months ago that they are dating. Was dismissed as a conspiracy theory at the time.Not so sure now that the Glanbia shareholders will approve of the marriage. Interesting times

    simple the way your crowd have run things they will pick up your coop for very little thats the way the glanbia plc machine does its work . how the hell has dairygold been let to run it self into the ground like this .


  • #7581
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    wats the craic wrote: »
    simple the way your crowd have run things they will pick up your coop for very little thats the way the glanbia plc machine does its work . how the hell has dairygold been let to run it self into the ground like this .

    Simple answer and not a popular one. If you trow enough money at pr you can make yourself look really good even if your doing a crap job.

    Yet again farmers have been sold a pup.


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  • #7582
    wats the craic
    Registered Users, Registered Users 2 Posts: 532 ✭✭✭wats the craic


    Farmer Ed wrote: »
    Simple answer and not a popular one. If you trow enough money at pr you can make yourself look really good even if your doing a crap job.

    Yet again farmers have been sold a pup.

    den at the agm farmers dont bother turning up to voice their anger which annoys me the most , oh we are too busy to go or some other lame excuse . sorry but your coop agm is prob one of the most important meetings of the yr , by not going gives the yes men and the board members a free ride to do wat they want to the coop .


  • #7583
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    On the road.
    Headline for you, Jim Woulfe accuses IFJ and George Lee of tabloid journalism in relation to Ornua salaries.

    €430k given to Deloite for advice about 2020 expansion. €15k for advice on mergers and take overs. Whops that didn't go well did it?


  • #7584
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Jim puts up chart showing DG usually 2nd on KPMG milk price. Does not acknowledge to the farmers in front of him that it's due to the high milk solids of their herds.


  • #7585
    blackdog1
    Registered Users, Registered Users 2 Posts: 2,185 ✭✭✭blackdog1


    wats the craic wrote:
    simple the way your crowd have run things they will pick up your coop for very little thats the way the glanbia plc machine does its work . how the hell has dairygold been let to run it self into the ground like this .


    Simple we hired a kerry man.


  • #7586
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    DG got 185M litres of milk extra but paid out 61M less to farmers.

    The chairman has said they are available if anyone comes knocking.


  • #7587
    WheatenBriar
    Closed Accounts Posts: 3,170 ✭✭✭WheatenBriar


    Farmer Ed wrote: »
    DG got 185M litres of milk extra but paid out 61M less to farmers.

    The chairman has said they are available if anyone comes knocking.

    Did they retain the same margin on the milk ?


  • #7588
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    WheatenBriar wrote: »
    Did they retain the same margin on the milk ?

    Performance related pay was cut but basic salaries increased. So they still got the same pay. senior management taking a 10% pay cut in 2016. I don't know how could someone survive on €500 k per year. Maybe they can apply for the family income supplement or something.


  • #7589
    kowtow
    Registered Users, Registered Users 2 Posts: 6,135 ✭✭✭kowtow


    Farmer Ed wrote:
    Don't worry they say their talking to the banks and there's no problem.


    "talking to the banks" is never good unless it's telling them you'll only need the managers car parking space for ten minutes while you pop to the vet.


  • #7590
    mahoney_j
    Registered Users, Registered Users 2 Posts: 11,722 ✭✭✭✭mahoney_j


    Anyone got anything to report from Arrabawn agm ???.too much on here today couldn't make it


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  • #7591
    WheatenBriar
    Closed Accounts Posts: 3,170 ✭✭✭WheatenBriar


    Bass Reeves wrote: »
    Am I reading this right if you get 5K/year Litres at 29c/L you have to supply 10K litres at 29c/L/year pro rata from July17-dec 2018.

    If i I am reading it right it is taking the piss
    Doubtless we'll get texts next week to say its been massively over subscribed and Mr corbollix will be lauding that as a massive vote of confidence in the farmer friendly decisions of the board...

    The actual figures of course will never be seen


This discussion has been closed.
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