Milk Price III

Mooooo · 04-06-2019 9:27pm

Is it not regular at the end of their season for it to drop, do they up the volumes a bit?

mahoney_j · 05-06-2019 7:50am

Mooooo wrote: »

Is it not regular at the end of their season for it to drop, do they up the volumes a bit?

Yep end of season clear out of warehouses etc ,not a concern

Buford T. Justice XIX · 05-06-2019 10:39am

Mooooo wrote: »

Is it not regular at the end of their season for it to drop, do they up the volumes a bit?

Bit about it below.
https://m.scoop.co.nz/stories/BU1906/S00017/dairy-export-volumes-advance-to-new-record.htm?__twitter_impression=true

farming93 · 08-06-2019 9:42pm

Sorry for hi jacking this thread but I sent off a milk sample to test a cow for pregnancy, the result came back not pregnant (open ) I was wondering why the text didn't say not pregnant?

Gawddawggonnit · 11-06-2019 9:41am

July milk price only.

39.4cpl + vat base price at 3.2pr and 3.8bf.

* Doesn’t include seasonality bonus of around 2-3cpl or 1.7cpl gmo free bonus.

whelan2 · 11-06-2019 10:20am

Gawddawggonnit wrote: »

July milk price only.

39.4cpl + vat base price at 3.2pr and 3.8bf.

* Doesn’t include seasonality bonus of around 2-3cpl or 1.7cpl gmo free bonus.

Indeed I'm expecting a 9 cpl rise for May milk

jaymla627 · 11-06-2019 10:43am

whelan2 wrote: »

Indeed I'm expecting a 9 cpl rise for May milk

More like a drop, that 3.2% margin glanbia have to make guarantees they will be the lowest paying co-op in the country going forward, any supplier that voted yes to the spin outs for some shares only have themselves to blame re milk price now

Gawddawggonnit · 11-06-2019 12:57pm

whelan2 wrote: »

Indeed I'm expecting a 9 cpl rise for May milk

We only got 37cpl + vat for May...wouldn’t be right for Glanbia to top the May price league now, would it?

On the other hand we’re being offered €3.41 for 16mth bull beef...€163 for grade1 milling wheat etc etc. Swings and roundabouts...

Off for a ‘procedure’ now. Take care of your health folks. Milk price is only a transient little thing in life.

Buford T. Justice XIX · 11-06-2019 1:37pm

Gawddawggonnit wrote: »

We only got 37cpl + vat for May...wouldn’t be right for Glanbia to top the May price league now, would it?

On the other hand we’re being offered €3.41 for 16mth bull beef...€163 for grade1 milling wheat etc etc. Swings and roundabouts...

Off for a ‘procedure’ now. Take care of your health folks. Milk price is only a transient little thing in life.

Mind yourself, Dawg.

Castlekeeper · 11-06-2019 6:18pm

Latest Kerry forward price offering for July - Oct 2019 29.7c/l including vat.

Not much to shout about there.

whelan2 · 12-06-2019 5:28pm

Glanbia 30cpl base and 0.5cpl top up from ourselves for May

alps · 12-06-2019 9:06pm

whelan2 wrote: »

Glanbia 30cpl base and 0.5cpl top up from ourselves for May

Glanbia’s new Irish cheese brand on the US market, Truly Grass Fed, is retailing for $4.99 for a 7oz package in Californian retailer Vons in Santa Barbara. That is $2 cheaper than the equivalent weight of Kerrygold branded cheese.

And that people is why glanbia pay less....

The travesty is that they will ###k up the price for all of us...

Mortelaro · 12-06-2019 11:47pm

alps wrote: »

Glanbia’s new Irish cheese brand on the US market, Truly Grass Fed, is retailing for $4.99 for a 7oz package in Californian retailer Vons in Santa Barbara. That is $2 cheaper than the equivalent weight of Kerrygold branded cheese.

And that people is why glanbia pay less....

The travesty is that they will ###k up the price for all of us...

If that's Irish cheese, it's also got a hefty tariff included in that price
Also don't glanbia produce the kerrygold butter sold in the states

oxjkqg · 13-06-2019 12:24pm

Kerry Unchanged at 30.5 cent.

I think the Ornua PPI might aswell just be scrapped at this stage because any coop isnt taking a blind bit of notice of it.

Buford T. Justice XIX · 13-06-2019 1:00pm

oxjkqg wrote: »

Kerry Unchanged at 30.5 cent.

I think the Ornua PPI might aswell just be scrapped at this stage because any coop isnt taking a blind bit of notice of it.

Kerry don't sell through Ornua.

oxjkqg · 13-06-2019 1:57pm

Buford T. Justice VI wrote: »

Kerry don't sell through Ornua.

If they don't shur can't they have a stand alone price so and not have to be in the same ballpark as every other coop on the island?

Water John · 13-06-2019 2:37pm

Ah do they have a seat on the Board of Ornua like Glanbia and know what's going on?

Water John · 13-06-2019 4:37pm

West Cork
Aurivo
Dairygold
Glanbia 30.0 Holding
Kerry
Arrabawn
Lakeland 31.28 Holding
Strathroy

Gman1987 · 13-06-2019 5:28pm

Mortelaro wrote: »

If that's Irish cheese, it's also got a hefty tariff included in that price
Also don't glanbia produce the kerrygold butter sold in the states

They are one of the suppliers into the Kerrygold brand but are also competing against the brand in export markets. Winner there is the consumer, loser will be the farmer, coop neutral as they will maintain their margin!!

Buford T. Justice XIX · 13-06-2019 6:59pm

Water John wrote: »

West Cork
Aurivo
Dairygold
Glanbia 30.0 Holding
Kerry 30.5 Holding
Arrabawn
Lakeland 31.28 Holding
Strathroy

I added the Kerry price in there too, John.

Buford T. Justice XIX · 13-06-2019 7:07pm

oxjkqg wrote: »

If they don't shur can't they have a stand alone price so and not have to be in the same ballpark as every other coop on the island?

Sorry, I'm not following you there?

The 'leading milk price' is supposed to be the best price paid to farmers by all the processors, excluding the Carbery price by their own claims that it isn't purely product related but some coming from dividends from the Carbery owned value added site in the US.

They haven't sold through Bord Bainne/Ornua for years and took a case to court looking for their shares in it to be redeemed at market value, which they lost (and Revenue are now fighting in favour of Kerrys position:rolleyes:

)

Buford T. Justice XIX · 13-06-2019 9:27pm

A bit in the Indo on proposed milk price stabilization measures favoured by the EU atm.
https://twitter.com/farming_indo/status/1139179117105111041?s=19

Mooooo · 13-06-2019 9:34pm

What's the betting they'd do more harm than good

GrasstoMilk · 13-06-2019 10:12pm

Will we ever see 45c again I wonder

mahoney_j · 13-06-2019 10:17pm

GrasstoMilk wrote: »

Will we ever see 45c again I wonder

We will (base in mid /high 30s plus solids )we will also see a price in the mid 20s as well

jaymla627 · 13-06-2019 10:48pm

mahoney_j wrote: »

We will (base in mid /high 30s plus solids )we will also see a price in the mid 20s as well

Can’t see it myself Irish processors used to be maybe 2-3 cent behind the likes of Friesland campina historically before quotas been lifted but the trend since and the money spent on processing (a lot of it bargain basement commodity powder dryers) has put us down at the bottom of the pile re returns our co-ops can generate on the world market, it’s telling how despite all the extra milk been processed a lot of processors aren’t making any better margins and going the opppsie way in some cases

Water John · 13-06-2019 11:03pm

Obvious the main actors from then Minister Coveney down, decided to go for volume.

GrasstoMilk · 14-06-2019 5:04am

mahoney_j wrote: »

We will (base in mid /high 30s plus solids )we will also see a price in the mid 20s as well

I meant base. 43.77c for December milk in 2018 here

mahoney_j · 14-06-2019 9:18am

GrasstoMilk wrote: »

I meant base. 43.77c for December milk in 2018 here

That was including winter/liquid bonus ,no reason with product mix in most of our coops why that price won’t be seen again

GrasstoMilk · 14-06-2019 11:33am

mahoney_j wrote: »

That was including winter/liquid bonus ,no reason with product mix in most of our coops why that price won’t be seen again

No winter bonus. Left winter milk last year

mahoney_j · 14-06-2019 12:28pm

GrasstoMilk wrote: »

No winter bonus. Left winter milk last year

Base price of 43 ish was base plus winter contract tho ..

GrasstoMilk · 14-06-2019 1:13pm

mahoney_j wrote: »

Base price of 43 ish was base plus winter contract tho ..

Think the 2 of us are getting a bit mixed up here or maybe just me.
The base was 30c in December we ended up with a price if 43.77c. No winter bonus or liquid contract in that. Just base price and then adjusted for solids

mahoney_j · 14-06-2019 1:34pm

GrasstoMilk wrote: »

Think the 2 of us are getting a bit mixed up here or maybe just me.
The base was 30c in December we ended up with a price if 43.77c. No winter bonus or liquid contract in that. Just base price and then adjusted for solids

Yeadh wires crossed ,base price is base .no solids ,wasn’t it quoted earlier that a base of 43 odd sense ??im saying that was base plus winter contract ..

visatorro · 14-06-2019 2:10pm

mahoney_j wrote: »

Yeadh wires crossed ,base price is base .no solids ,wasn’t it quoted earlier that a base of 43 odd sense ??im saying that was base plus winter contract ..

Must be bad when two good lads get confused, what hope for the rest of us dopes!

mahoney_j · 14-06-2019 5:29pm

visatorro wrote: »

Must be bad when two good lads get confused, what hope for the rest of us dopes!

Milk pricing is confusing now with fixed schemes revolving fund money ,cookie jar money and the latest gimmick from coops quoting average price including solids .imo price quoted every month by coops and reported in kpmg should be price ex vat at standard solids and nothing else .

Buford T. Justice XIX · 17-06-2019 11:11am

Just looking at the Kerry annual report and the arbitration results expected on the 19th, this Wednesday at the AGM.

Water John · 17-06-2019 12:39pm

West Cork 32.46 Holding
Aurivo 30.5 Holding
Dairygold
Glanbia 30.0 Holding
Kerry 30.5 Holding
Arrabawn 30.71 Holding
Lakeland 31.28 Holding
Strathroy

blue5000 · 17-06-2019 2:37pm

mahoney_j wrote: »

Milk pricing is confusing now with fixed schemes revolving fund money ,cookie jar money and the latest gimmick from coops quoting average price including solids .imo price quoted every month by coops and reported in kpmg should be price ex vat at standard solids and nothing else .

You should try comparing prices at meat plants! Big difference between farmer price and journal price there too.

mahoney_j · 17-06-2019 7:38pm

Arrabawn held

whelan2 · 17-06-2019 9:42pm

mahoney_j wrote: »

Arrabawn held

at?

Water John · 17-06-2019 9:44pm

West Cork 32.46 Holding
Aurivo 30.5 Holding
Dairygold 30 Holding
Glanbia 30.0 Holding
Kerry 30.5 Holding
Arrabawn 30.71 Holding
Lakeland 31.28 Holding
Strathroy

I top up the post as I see prices. Will repost when all are filled.

alps · 17-06-2019 11:31pm

Water John wrote: »

West Cork 32.46 Holding
Aurivo 30.5 Holding
Dairygold
Glanbia 30.0 Holding
Kerry 30.5 Holding
Arrabawn 30.71 Holding
Lakeland 31.28 Holding
Strathroy

I top up the post as I see prices. Will repost when all are filled.

This disease is spreading.....

Now we have Water John "topping up prices"

Mooooo · 18-06-2019 2:14pm

Dairygold held at 30c. 30.65 if you add in the quality etc but .65 is added after solids adjustment

Buford T. Justice XIX · 18-06-2019 3:41pm

GDT down again.

Buford T. Justice XIX · 19-06-2019 1:11pm

More price falls...
https://twitter.com/DINtoday/status/1141316442853466114?s=19

RightTurnClyde · 25-06-2019 10:23pm

Water John wrote: »

West Cork 32.46 Holding
Aurivo 30.5 Holding
Dairygold 30 Holding
Glanbia 30.0 Holding
Kerry 30.5 Holding
Arrabawn 30.71 Holding
Lakeland 31.28 Holding
Strathroy 31.59

I top up the post as I see prices. Will repost when all are filled.

WJ I edited above to add Strathroys price, if that's okay with you

Water John · 25-06-2019 10:26pm

Delighted if everyone fills it each month. Just a simple visible comparator.

kevthegaff · 25-06-2019 10:45pm

Water John wrote: »

Delighted if everyone fills it each month. Just a simple visible comparator.

I don't think everyone will be happy tho.,

Water John · 25-06-2019 11:01pm

Hope not, it needs to be visible on every farm related forum.
There is talk of using Blockchain tech to shine a transparency light on all links in a food chain and the fair division of the margin on the product.

Buford T. Justice XIX · 02-07-2019 3:26pm

Slight fall in GDT, skim up butter down.

Milk Price III

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