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Milk Price III

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    #1502
    whelan2
    Registered Users Posts: 29,152 ✭✭✭✭whelan2


    stanflt wrote: »
    12.5 cpl here too

    I think gg is dreaming again at 15 cpl

    His protein would have to be 0.4 higher than last yr to be at 15 cpl
    Wonder has he much in fixed price schemes and did he include the top up from the co-op, statement not up yet so cant see the breakdown


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    #1503
    GrasstoMilk
    Registered Users Posts: 3,851 ✭✭✭GrasstoMilk


    stanflt wrote: »
    12.5 cpl here too

    I think gg is dreaming again at 15 cpl

    His protein would have to be 0.4 higher than last yr to be at 15 cpl

    What about bf Stan? Mines .16 higher than last June. Pr the same. That's what's paying the milk price ATM!
    As whelan said the statements aren't up yet. Was a general observation!


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    #1504
    visatorro
    Registered Users Posts: 3,111 ✭✭✭visatorro


    2.1 pence to buy a litre of milk this day in 1947.

    Whoever wants to translate that to today's value!


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    #1505
    Coolfresian
    Registered Users Posts: 306 ✭✭Coolfresian


    Milk statements up. In fairness to gg figures, My milk price is 14.5 cent better off including vat. Protein up .11 to 3.64 and butterfat up .22 to 3.89. Full holstein/fresian herd here.


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    #1506
    stanflt
    Registered Users Posts: 4,375 ✭✭✭stanflt


    GrasstoMilk wrote: »
    What about bf Stan? Mines .16 higher than last June. Pr the same. That's what's paying the milk price ATM!
    As whelan said the statements aren't up yet. Was a general observation!

    If pr is up .16 than your bf would have to be up 0.5 as well

    Just figures done in my head


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    #1507
    GrasstoMilk
    Registered Users Posts: 3,851 ✭✭✭GrasstoMilk


    stanflt wrote: »
    If pr is up .16 than your bf would have to be up 0.5 as well

    Just figures done in my head

    Bf is up .16 on last June. Pr the same


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    #1508
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    visatorro wrote: »
    2.1 pence to buy a litre of milk this day in 1947.

    Whoever wants to translate that to today's value!

    Worked it out last year that in 1989 milk made £1.06 per gallon to the farmer and in 2016 money that would be 66c per litre. There is an online inflation calculator somewhere so it should be possible to convert your 1947 figure in to today's money easily enough.


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    #1509
    stanflt
    Registered Users Posts: 4,375 ✭✭✭stanflt


    GrasstoMilk wrote: »
    Bf is up .16 on last June. Pr the same

    I think your forgetting the co op support price last yr in your calculations


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    #1510
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    stanflt wrote: »
    GrasstoMilk wrote: »
    Bf is up .16 on last June. Pr the same

    I think your forgetting the co op support price last yr in your calculations

    Where exactly did the co ops find the money to support the milk price? OK for every co op they will give a different explanation I'm sure. But still they all seamed to use that line last year. Almost feel guilty now that we got over paid for last years milk and the families of co op managers around the country going hungry having supported our milk price.


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    #1511
    whelan2
    Registered Users Posts: 29,152 ✭✭✭✭whelan2


    Very happy here. Losing a few cent on fixed price schemes. Thankfully 2of them are finished now. Big change from this time last year.


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    #1512
    rangler1
    Closed Accounts Posts: 6,497 ✭✭✭rangler1


    Farmer Ed wrote: »
    Worked it out last year that in 1989 milk made £1.06 per gallon to the farmer and in 2016 money that would be 66c per litre. There is an online inflation calculator somewhere so it should be possible to convert your 1947 figure in to today's money easily enough.
    ,

    It never was worth 1.06, like now weren't they dumping it all over the place too to get rid....there wouldn't be many drinking it if the price doubled.
    120 gallons would buy a ton of grain in 1989....that might be a truer comparison, being one of the raw materials that produces milk


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    #1513
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    rangler1 wrote: »
    Farmer Ed wrote: »
    Worked it out last year that in 1989 milk made £1.06 per gallon to the farmer and in 2016 money that would be 66c per litre. There is an online inflation calculator somewhere so it should be possible to convert your 1947 figure in to today's money easily enough.
    ,

    It never was worth 1.06, like now weren't they dumping it all over the place too to get rid....there wouldn't be many drinking it if the price doubled.
    120 gallons would buy a ton of grain in 1989....that might be a truer comparison, being one of the raw materials that produces milk

    A friend of mine has a 1989 statement and was paid £1.06 per gallon in 1989. Easy enough to do the conversion just convert the pence to cent and the gallons to litres and punch in the figures to an online inflation calculator.


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    #1514
    orm0nd
    Registered Users Posts: 4,178 ✭✭✭orm0nd


    Farmer Ed wrote: »
    A friend of mine has a 1989 statement and was paid £1.06 per gallon in 1989. Easy enough to do the conversion just convert the pence to cent and the gallons to litres and punch in the figures to an online inflation calculator.


    the green pound was devalued late 1988 which resulted in surge price increase for cattle and milk,


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    #1515
    whelan2
    Registered Users Posts: 29,152 ✭✭✭✭whelan2


    Was talking to local shop keeper. Strathroy have put their 2litre carton of milk up by 5 cent


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    #1516
    Mooooo
    Registered Users Posts: 8,611 ✭✭✭Mooooo


    Dairygold up 1 to 33c


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    #1517
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Anyone want to guess how much Arrabawn is up? You'll never guess 1cent! Anyone know what Strathroy are paying now?


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    #1518
    Fixture
    Registered Users Posts: 126 ✭✭Fixture


    Farmer Ed wrote: »
    Anyone want to guess how much Arrabawn is up? You'll never guess 1cent! Anyone know what Strathroy are paying now?

    Depends who you ask!


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    #1519
    yewtree
    Registered Users Posts: 811 ✭✭✭yewtree


    Why dont stratroy take part in milk price league?
    If they are paying aswell as people believe it would surely help them attract new suppliers


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    #1520
    dar31
    Registered Users Posts: 1,701 ✭✭✭dar31


    Farmer Ed wrote: »
    A friend of mine has a 1989 statement and was paid £1.06 per gallon in 1989. Easy enough to do the conversion just convert the pence to cent and the gallons to litres and punch in the figures to an online inflation calculator.

    He didn't happen to have it framed and hanging on office wall?
    His first milk cheque.


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    #1521
    leg wax
    Closed Accounts Posts: 2,296 ✭✭✭leg wax


    milk up here 14.13 cent a litre here,before support last year, pr up bf up, on silage now so back down we go....:o


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    #1522
    Buford T. Justice XIX
    Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    I see Kerry are starting to move to Euro/kg of milk solids. This is the first month showing it on the statement so it will be the main price focus in a few years, I reckon.

    Works out at E4.643/kg solids this month or 35.908c/l @4.03/3.48


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    #1523
    Buford T. Justice XIX
    Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    leg wax wrote: »
    milk up here 14.13 cent a litre here,before support last year, pr up bf up, on silage now so back down we go....:o
    2016 24.47c 3.88f/3.36p v 2017 35.908 4.03f/3.48p

    Nothing fixed.


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    #1524
    whelan2
    Registered Users Posts: 29,152 ✭✭✭✭whelan2


    Buford T. Justice V wrote: »
    2016 24.47c 3.88f/3.36p v 2017 35.908 4.03f/3.48p

    Nothing fixed.

    When you look back at those prices for last year it's a fair eye opener


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    #1525
    Buford T. Justice XIX
    Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    whelan2 wrote: »
    When you look back at those prices for last year it's a fair eye opener
    Yeah, some difference this year in juggling cash flow in that there is some cash to juggle with:P

    I will be delighted if milk stays about the 33c base for the next 18 months as I will be coming to the end of loans for the next few years after that.


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    #1526
    whelan2
    Registered Users Posts: 29,152 ✭✭✭✭whelan2


    Buford T. Justice V wrote: »
    Yeah, some difference this year in juggling cash flow in that there is some cash to juggle with:P

    I will be delighted if milk stays about the 33c base for the next 18 months as I will be coming to the end of loans for the next few years after that.

    Finished a loan in May. Finishing another in October. Was able to pay off credit union loan which had an interest rate of 9.5%


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    #1527
    Buford T. Justice XIX
    Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    whelan2 wrote: »
    Finished a loan in May. Finishing another in October. Was able to pay off credit union loan which had an interest rate of 9.5%
    :eek:
    Don't tell me things like that, I must apply for a loan for sheds, drainage, roadways, cubicles and bull pens next week.

    I would normally pay a good bit from cash flow but I will borrow the lot this time, hopefully.

    I'm half thinking of applying to BOI for the loan as well because they might offer to refinance the other loans as well and I can move from where I am atm.

    Dreams can come true:rolleyes:


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    #1528
    whelan2
    Registered Users Posts: 29,152 ✭✭✭✭whelan2


    Just wondering what rates loans are now. A neighbour said aib are 5.2% -I think- how does that sound. Thought it was a bit high


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    #1529
    Buford T. Justice XIX
    Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    whelan2 wrote: »
    Just wondering what rates loans are now. A neighbour said aib are 5.2% -I think- how does that sound. Thought it was a bit high
    I'll let you know in a week or two.


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    #1530
    Buford T. Justice XIX
    Closed Accounts Posts: 20,633 ✭✭✭✭Buford T. Justice XIX


    GDT up 0.4% with butter going over the 6k mark for the first time in GDT. Skim drops to below intervention price.

    I'll stick up a link later if no one does it first.


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    #1531
    Farmer Ed
    Banned (with Prison Access) Posts: 4,617 ✭✭✭Farmer Ed


    Buford T. Justice V wrote: »
    whelan2 wrote: »
    Finished a loan in May. Finishing another in October. Was able to pay off credit union loan which had an interest rate of 9.5%
    :eek:
    Don't tell me things like that, I must apply for a loan for sheds, drainage, roadways, cubicles and bull pens next week.

    I would normally pay a good bit from cash flow but I will borrow the lot this time, hopefully.

    I'm half thinking of applying to BOI for the loan as well because they might offer to refinance the other loans as well and I can move from where I am atm.

    Dreams can come true:rolleyes:

    Shop around they can be got for less. Remember you are the customer and they should want your business.


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