Milk Price III

Buford T. Justice VI wrote: »

I


The whole case seemed to have swung on a contradiction in Kerrys definition of processor. Kerry made the case that, as the West Cork co-ops don't process milk themselves, they shouldn't be included in the comparison. However, it seems that the entity buying milk from farmers, Kerry Creameries Ltd, sells the purchased milk onto the PLC for processing so itself doesn't process milk either. In all its press releases, KCL used the phrase 'other processors' which indicated that it considered itself an de facto milk processor so therefor should consider the West Cork Co-ops processors also.
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Wow....you only see that type of stuff in movies....

Terra Lacta.

Nov to end of year.
37cpl + vat base price for 3.2pr and 3.8bf.
A further 2.5cpl + vat into a rainy day fund...

Chief, if this is too depressing, please delete.

* Organic goats milk is 128cpl + vat until the end of the year...surely there must be an opportunity there for enterprising farmers?

Mortelaro wrote: »

https://www.dairyglobal.net/Milking/Articles/2019/11/Glanbia-Irelands-number-one-milk-processor-in-the-spotlight-497763E/

It's ok Gawd..
Our glanbia chairman says we should be paid less because our costs are less...
So that's the reason


I definitely have heard it all now...


Will the Irish milk price remain lower than prices in the rest of the European Union?

“Probably, yes. Our product mix determines our milk price. We do not have a large consumer market behind us, which pays a lot better than the commodity market for which we produce. Over 90% must leave the island, which leads to additional costs. We aim for 3,2% profit after taxes. That is far more challenging than on the continent and puts pressure on the milk price compared to our competitors. These extra costs ensure that we always have to pay several cents per kilogramme less, but we can explain that perfectly. Our farmers have lower costs due to the seasonal milk production system. Farmers that produce all year round milk receive an additional bonus during the winter months and this milk price would be similar to a continental price.”

Our lower costs due to our seasonal production system ,grass to milk etc what a fookin ass .said it many times our milk production isn’t cheap ,grass is little advantage .profit monitors tegasc etc are telling us for years about our huge advantages from our production systems it’s nevee reflected in a positive milk price over a supposed inferior indoor system then u have profit monitor figures chucked out yearly that take no accurate account of farmers own time been paid for ,land charge capital repayments in loans etc that article shows how it’s now been used as a stick to beat is with by processors ,retail etc

Mortelaro wrote: »

Hands up anyone in winter milk that gets winter price for all their winter milk?
Those would be a tiny minority
More like only half or less would be the average amount of milk that's paid that,some lads way less
He doesn't mention that because theres no foundation for his argument on winter price at all,nevermind actually giving the proper facts..

Who indoctrinates board (and I'm afraid some council members) with this shoite?

What's the mechanism that he and his cheerleaders on the board and councils could be removed, he is a lapdog for Jim and Siobhan, its bat**** crazy that a vote among active milk suppliers isn't taken to elect the chairman of the co-op, lads backs are being got up now, funny thing is once you get into it with Mr Keane he gets to trump levels of talking you down and coming out with some real gems

jaymla627 wrote: »

What's the mechanism that he and his cheerleaders on the board and councils could be removed, he is a lapdog for Jim and Siobhan, its bat**** crazy that a vote among active milk suppliers isn't taken to elect the chairman of the co-op, lads backs are being got up now, funny thing is once you get into it with Mr Keane he gets to trump levels of talking you down and coming out with some real gems

The shareholders should call a meeting and if there is sufficent support for no confidence in the board of directors they should then demand an egm

Mortelaro wrote: »

Yeah I think that's the bones of the point I meant
It's either fill what you're allocated which wouldn't be enough usually to justify
Or send in extra which dilutes the subsidy

Our winter amount was 30% of 09/10 yearly supply at the time, but indairygold the bonus is 5.6c / L. They have allowed an increase now alright but as I told them when they rang unless the bonus paid increased significantly I'm out. I get what your saying alright.

mahoney_j wrote: »

Arrabawn price up 0.5 cent to 29.21 vat inc ,revolving fund of 0.5 cent comes off that it’s something but should of been more

How does it work J, do we get the money back in a few years?

mahoney_j wrote: »

Arrabawn price up 0.5 cent to 29.21 vat inc ,revolving fund of 0.5 cent comes off that it’s something but should of been more

Also note that the VAT of 5.4% is played on the milk price after the deduction of 0.5c, which should mean that you should not be taxed as having got the 0.5c.

Dairygold held at 28.5c/l... fcuk em

Keep Sluicing wrote: »

Would you be able to swap or is there and invisible border that the West cork co-ops wont cross?

A bit of an invisible border along with possible capacity issues I'd say in carbery if there was a lot of movement in. I think they were able to take the 30% extra from their own catchment without massive investment any more would see more steel required, open to correction on that. Same as all of us tho would like to see our own coop performing better

K.G. wrote: »

There will be no problem with stainless steel.the problem is we dont want to give away our money and who says bigger is better

Fair enough, just jealous looking down the road! Haven't heard of anyone going that way so assumed it was the invisible border

jaymla627 wrote: »

I'd say that interview Mr.Keane gave was the sorriest thing he ever done, he's surely has to resign our be removed at this stage, his true colours are nailed to the mast now and no glanbia supplier will stomach him going forward

What did he say?

Buford T. Justice VI wrote: »

A blog from the IFA on the current milk price and why it's hugely below what processors can afford.

https://www.ifa.ie/market_reports/dairy-market-blog-66/amp/?__twitter_impression=true

A good bit of info there.
2 things I think should happen;
1. the IFA should formally ask all Irish coops for a written response ASAP as to why they are paying the price that they are, not call them out in some article on the Journal or Agriland etc, actually get a formal written response from them and get it published.
2. It should be formally requested that all coops quote the price in a formal arrangement e.g. "Kerry coop has decided to pay 28.35 cent per litre plus vat". Make sure none of them are putting in the stunt line "based on standard constituents the average price will be 56.78 cent per litre for November". When they send out texts and make announcements etc.