Milk Price III

Keep Sluicing · 07-10-2019 1:22pm

Buford T. Justice VI wrote: »

I'm told Kerry Group has looked for and received an extension in time to study the Arbitration document. So far, they haven't made any contact with the Co-op.

So the balancing payment will be at least two weeks later than it should be.

So far.

Kerry Group have taken on a specialist london based team of commercial lawyers for this. Apparently they are fighting this one.

Buford T. Justice XIX · 07-10-2019 2:32pm

Keep Sluicing wrote: »

Kerry Group have taken on a specialist london based team of commercial lawyers for this. Apparently they are fighting this one.

Yeah, so much for binding arbitration:rolleyes:

Buford T. Justice XIX · 07-10-2019 5:12pm

Some EU data on milk and commodity prices.

https://ec.europa.eu/info/food-farming-fisheries/farming/facts-and-figures/markets/prices/price-monitoring-sector/animal-products/milk-and-dairy-products_en

K.G. · 09-10-2019 9:55am

Would stratroy survive a hard brexit and what does it mean for southern suppliers

Gawddawggonnit · 09-10-2019 12:35pm

Milk price for October 36.5c + vat.
That’s without 2.5cpl (+vat) that they’re taking off us for a rainy day fund...like we’re not responsible enough to spend our own money!

The 36.5cpl is for base milk at 3.2pr and 3.8bf. If price rises it’ll go into the rainy day fund.
No prices for Nov & Dec due to Brexit uncertainty.

Shout out to a new Irish entrant in the milk production game. He’s starting with 125 organic Holsteins. Good time to start in organic as price is 54.5cpl + vat for October.

Castlekeeper · 09-10-2019 6:53pm

Gawddawggonnit wrote: »

Milk price for October 36.5c + vat.
That’s without 2.5cpl (+vat) that they’re taking off us for a rainy day fund...like we’re not responsible enough to spend our own money!

The 36.5cpl is for base milk at 3.2pr and 3.8bf. If price rises it’ll go into the rainy day fund.
No prices for Nov & Dec due to Brexit uncertainty.

Shout out to a new Irish entrant in the milk production game. He’s starting with 125 organic Holsteins. Good time to start in organic as price is 54.5cpl + vat for October.

Is that new entrant in Ireland or France?

Water John · 09-10-2019 8:32pm

Doubt he's getting 54.5c/l in Ireland.

Mortelaro · 09-10-2019 11:37pm

https://twitter.com/Jimmulh/status/1181995039561601025?s=19

Gawddawggonnit · 10-10-2019 7:11am

Castlekeeper wrote: »

Is that new entrant in Ireland or France?

France.

He bought a farm about 100km from me. I happened to mention to my Coop that there was a new organic producer about to start, and they promptly called to him and made him a good offer, even though he’s 80km out of the way for collection.
Huge shortage of organic milk here.

cjpm · 10-10-2019 7:49am

Gawddawggonnit wrote: »

France.

He bought a farm about 100km from me. I happened to mention to my Coop that there was a new organic producer about to start, and they promptly called to him and made him a good offer, even though he’s 80km out of the way for collection.
Huge shortage of organic milk here.

Jeez Dawg, you're a good neighbour to have. Fair play to you

jaymla627 · 10-10-2019 8:20am

Mortelaro wrote: »

https://twitter.com/Jimmulh/status/1181995039561601025?s=19

Wouldn't have the price of a loaf of bread here at the minute either if I had that chaps lely DD going out every month

mahoney_j · 10-10-2019 9:01am

jaymla627 wrote: »

Wouldn't have the price of a loaf of bread here at the minute either if I had that chaps lely DD going out every month

That’s some assumption to make jay

jaymla627 · 10-10-2019 10:07am

mahoney_j wrote: »

That’s some assumption to make jay

Not having a dig, ran the numbers here to go robot route/robot calf feeders/robot scraper and it was going to tag on an extra 4 cent a litre to my production costs, would need a minimum of 32 cent a litre guaranteed to even contemplate doing it, and that's a pipe dream at the minute especially when your a glanbia supplier.....
If the ifa and icsma had properly informed lads that guaranteeing the 3.2% profit margin to the newly formed g11 at the last spinout would effectively mean knocking 2 cent a litre of milk price going forward compared to other co-ops instead of cheerleading it been voted through they would of been better of then shouting the odds about it now

Mortelaro · 10-10-2019 10:32am

jaymla627 wrote: »

Wouldn't have the price of a loaf of bread here at the minute either if I had that chaps lely DD going out every month

That's a bit evil

Castlekeeper · 10-10-2019 11:24pm

Water John wrote: »

Doubt he's getting 54.5c/l in Ireland.

60 all in flat would be about the go for winter milk here from what I've heard, they'd need it all though, expensive game with meal at about twice the price.

Castlekeeper · 10-10-2019 11:27pm

Gawddawggonnit wrote: »

Castlekeeper wrote: »

Is that new entrant in Ireland or France?

France.

He bought a farm about 100km from me. I happened to mention to my Coop that there was a new organic producer about to start, and they promptly called to him and made him a good offer, even though he’s 80km out of the way for collection.
Huge shortage of organic milk here.

Bon chance to him, hope it goes well.

Gawddawggonnit · 11-10-2019 5:48am

Castlekeeper wrote: »

60 all in flat would be about the go for winter milk here from what I've heard, they'd need it all though, expensive game with meal at about twice the price.

For organic to work you need to grow your own feed. Organic maize is €455/t atm, if you had to buy at that price you’d be at nothing.

Gawddawggonnit · 11-10-2019 5:50am

Castlekeeper wrote: »

Bon chance to him, hope it goes well.

He’ll need it...never milked a cow in his life.

Then again it’s not rocket science.

whelan2 · 11-10-2019 12:24pm

Any idea for September milk price?

oxjkqg · 11-10-2019 1:56pm

whelan2 wrote: »

Any idea for September milk price?

Lakeland first outa the traps, held it

Mortelaro · 11-10-2019 2:18pm

Well if theres a brexit deal as is likely, then pardon my French but they can all fuck off with that excuse and maybe pay back what most analysts say they should have been and should be paying

whelan2 · 11-10-2019 2:28pm

Mortelaro wrote: »

Well if theres a brexit deal as is likely, then pardon my French but they can all fuck off with that excuse and maybe pay back what most analysts say they should have been and should be paying

Over 4cpl difference between lakelands and glanbia base price atm. That is massive

Buford T. Justice XIX · 11-10-2019 4:44pm

oxjkqg wrote: »

Lakeland first outa the traps, held it

Kerry supposed to be appealing the binding arbitration and are supposed to have a legal team lined up to fight it.

Do Lakelands come down as far as us, I wonder?:rolleyes:

cute geoge · 11-10-2019 4:51pm

It shows what a shower of pricks kerry plc are!!!
They would rather spend millons on a legal team to fight against their milk suppliers rather then pay any sort of a decent price .Is it time for kerry farmers to think about buying their supplies else where ???

Buford T. Justice XIX · 11-10-2019 9:06pm

cute geoge wrote: »

It shows what a shower of pricks kerry plc are!!!
They would rather spend millons on a legal team to fight against their milk suppliers rather then pay any sort of a decent price .Is it time for kerry farmers to think about buying their supplies else where ???

I wouldn't believe too much of what I hear going on though the lads I heard it from are normally fairly close to the mark.

There's plenty of lads spreading more slurry than a contractor on a fine day on 31st October. They have their own reasons for doing it, I suppose, but it makes trying to figure out what's going on kinda hard

Signpost · 13-10-2019 8:58pm

cute geoge wrote: »

Is it time for kerry farmers to think about buying their supplies else where ???

Are we all not doing that already with how over priced they are? Bit embarrassed now if I'm the only one

cute geoge · 13-10-2019 9:35pm

Signpost wrote: »

Are we all not doing that already with how over priced they are? Bit embarrassed now if I'm the only one

Well most of the time their prices are not too far off the mark bar this year ration was €30 off the mark .I purchase most of my fert and ration off them but they better up the price they pay for milk or i might not bother milking next year!!!

Mortelaro · 14-10-2019 1:25pm

Glanbia 29cpl inc a 1cpl price subsidy from ourselves to ourselves ie to the plc...
Base price unchanged at 28cpl
Cookie jar money doubled (sounds better when I put it that way)
Worst base price in Europe by several cent?

Say my name · 14-10-2019 3:55pm

Mortelaro wrote: »

Glanbia 29cpl inc a 1cpl price subsidy from ourselves to ourselves ie to the plc...
Base price unchanged at 28cpl
Cookie jar money doubled (sounds better when I put it that way)
Worst base price in Europe by several cent?

I'll have you know Base price is 26.5cent/litre...
https://twitter.com/farmersjournal/status/1183755338316730368?s=20

It seems the milk volume is not out there like was forecasted but the price can't be increased in case of what may happen in the future re markets.

whelan2 · 14-10-2019 5:09pm

Say my name wrote: »

I'll have you know Base price is 26.5cent/litre...
https://twitter.com/farmersjournal/status/1183755338316730368?s=20

It seems the milk volume is not out there like was forecasted but the price can't be increased in case of what may happen in the future re markets.

What a load of bull.

Mortelaro · 15-10-2019 12:01am

From today's IFA dairy Newsletter

In the August Farmers Journal League, Glanbia was the lowest payer at 27.01c/l and Drinagh the highest at 29.87c/l, a price gap of almost 3c/l! At 28.3c/l, the simple average of the FJ League prices is therefore between 1 and 4.2c/l below the Ornua PPI and other European indicators. (All prices net of VAT).

AND

Irish co-ops lagging behind in Europe

This month again, the three Irish co-ops in the LTO Milk Price Review (Glanbia, Dairygold and Kerry) come last. Their average price for August 2019, at €29.16/100 kgs, is €4.2/100 kgs (3.93c/l) below average. This gap has widened, leaving Irish farmers behind when markets allow for steadier, higher European milk prices.

AND most Damning...We're looking at you Glanbia... :mad:

gaps are widening between Ireland’s top and bottom payers—costing up to €17,000 on 500,000l milk output

Glanbia is bottom of the August league at 27.01c/l + VAT. The West Cork Co-ops have consistently been at or close to the top for the last 12 months. The top to bottom gap recorded by the Farmers’ Journal’s Milk Price League in the last 12 months has varied from under 2c/l to nearly 3c/l, widening in August. Using the FJ League’s own calculations, we estimate a 500,000- litre milk producer would have received nearly €17,000 over and above the milk cheque paid by the lowest paying purchaser if they had been supplying the same amount of milk each month to the top paying milk purchaser. Of course, farmers cannot pick and choose every month which milk purchaser to supply, but neither farmers not their co-ops can allow these unsustainable gaps to persist, never mind widen further!

awaywithyou · 15-10-2019 1:05am

Say my name wrote: »

I'll have you know Base price is 26.5cent/litre...
https://twitter.com/farmersjournal/status/1183755338316730368?s=20

It seems the milk volume is not out there like was forecasted but the price can't be increased in case of what may happen in the future re markets.

https://www.milkbusiness.com/article/rapid-expansion-of-european-milk-production-has-ended?fbclid=IwAR1NUE0nUKsN71i8OeOz82zrzxnnce98KwzX1u8tsldE8SyFno9K2BGkws8

No mention of Ireland nearly doubling its output in last few years..... are we that irrelevant?

Buford T. Justice XIX · 15-10-2019 10:01am

Kerry unchanged at 29.5c/l incl vat.

Mortelaro · 15-10-2019 11:36am

There is a culture in Agribusiness, where the farmer sells his raw product, of shur that'll be enough for the suppliers, wouldn't want to give them anymore

That culture needs to go
It needs to be replaced by FAIRNESS

Buford T. Justice XIX · 15-10-2019 3:42pm

GDT up slightly, skim up 2.5%, butter and cheddar down slightly.

Buford T. Justice XIX · 16-10-2019 4:41pm

https://twitter.com/DINtoday/status/1184489225988820992?s=19

alps · 16-10-2019 4:46pm

So where do our processors sell product? GDT climbing...these European prices up massively since the start of the year, and the best effort so far from an Irish processor has been to pay out a little bit more of the farmers savings to himself...

Mooooo · 17-10-2019 3:07pm

Dairygold upped the base by 0.5c to 28.5c/L

mahoney_j · 17-10-2019 4:38pm

Arrabawn held ,joke should be paying back the cent they cut last month its fully warranted

jaymla627 · 17-10-2019 4:44pm

Looks like Glanbia are going to follow the English system of a and b litres with 19 as your reference year according to the journal, anyone know if the two cent a litre been talked about for new milk over your 19 total is every year for say a 10 year period our a once off cost...

Mortelaro · 17-10-2019 5:52pm

Well they may think again,because a change in a running contract is a breach of contract opening the door to leaving the contract unencumbered to in our cases move to a new processor

Timmaay · 17-10-2019 6:26pm

Mortelaro wrote: »

Well they may think again,because a change in a running contract is a breach of contract opening the door to leaving the contract unencumbered to in our cases move to a new processor

I assume the Strathroy lorry isn't far from your door either?

Timmaay · 17-10-2019 6:27pm

jaymla627 wrote: »

Looks like Glanbia are going to follow the English system of a and b litres with 19 as your reference year according to the journal, anyone know if the two cent a litre been talked about for new milk over your 19 total is every year for say a 10 year period our a once off cost...

Would be a right pain in the bollix for me, I'm an easy 40k litres down because of tb this year.

whelan2 · 17-10-2019 6:28pm

Timmaay wrote: »

Would be a right pain in the bollix for me, I'm an easy 50k litres down because of tb this year.

I'm sure there would be a force majure clause. Nice of glanbia to let the farmers journal know before telling the farmer on the ground

mahoney_j · 17-10-2019 6:32pm

Mortelaro wrote: »

Well they may think again,because a change in a running contract is a breach of contract opening the door to leaving the contract unencumbered to in our cases move to a new processor

On that what processor would take u in ,most coops even with millions out into driers and stainless are running close to capacity and will have to cater for existing suppliers first

Say my name · 17-10-2019 6:36pm

whelan2 wrote: »

I'm sure there would be a force majure clause. Nice of glanbia to let the farmers journal know before telling the farmer on the ground

There won't be a cow dried off till the 1st of January.
Empty milking cows just rose €500.

Ah I'd say it's kite flying and not set in stone.

Gawddawggonnit · 17-10-2019 7:18pm

alps wrote: »

So where do our processors sell product? GDT climbing...these European prices up massively since the start of the year, and the best effort so far from an Irish processor has been to pay out a little bit more of the farmers savings to himself...

It’s looking like the Irish processors either have a limited market for their product...or, they’re fleecing suppliers to line their own pockets.

All very fine for now, but what happens when there’s a fall in the market?
The last crash I was getting 9-10cpl less than now...take that off Irish milk price and you’re under 20cpl...that’d sort the men from the boys fairly lively.

Mortelaro · 17-10-2019 7:35pm

Timmaay wrote: »

I assume the Strathroy lorry isn't far from your door either?

2 of them pass my gate as does arrabawn

Regarding the tb,that is force majeur alright as is last years drought which is why they wouldn't pick 2018 either

whelan2 · 17-10-2019 7:36pm

Mortelaro wrote: »

2 of them pass my gate as does arrabawn

Regarding the tb,that is force majeur alright as is last years drought which is why they wouldn't pick 2018 either

You forgot the snow

Mortelaro · 17-10-2019 7:37pm

Gawddawggonnit wrote: »

All very fine for now, but what happens when there’s a fall in the market?
The last crash I was getting 9-10cpl less than now...take that off Irish milk price and you’re under 20cpl...that’d sort the men from the boys fairly lively.

We were at 19c less than a decade ago
It wasn't pretty

Milk Price III

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