Milk Price- Please read Mod note in post #1

Buford T. Justice XIX

degetme wrote: »

Any news on Kerry price?

Nothing yet:(

I'll take that as a sign that they are fighting over whether to rise it by 2c or just stick with the one for this month:o

freedominacup

kowtow wrote: »

Hope you are right, I suspect there is a bit of a rush to buy as you suggest, my caution regarding the next auction was that we didn't quite make it through the previous minor high level in this one, and a convincing break of a previous high is generally the sign that would give me a little mid term confidence - however, the index is hardly a liquid one and it might be better to look at the components relative to their previous levels (too lazy / busy to do that today...) -

in any case.. better up than down!

$100 million was the total volume of sales on that scam operation yesterday. How much cash do you think you'd have needed in your account yesterday morning to move that "index" another $300/tonne kt? It's some joke when one trader with a small amount of cash can influence our incomes in such a dramatic manner. What prevented our co-ops buying against the drop in this market. It would have been a lot cheaper for the EU to buy for intervention from the gdt as the volumes are so small than the kind of open ended commitment made in the past twelve months.

OverRide

Siobhan Talbot on morning Ireland talking about uncertainty in the 'milk space'
No uncertainty in her salary space,that's for sure

Oh and she congratulated Glanbia on being able to increase milk price thanks to a market improvement
The cheek
She gave us an increase from our own share money not the milk market :mad:

Dawggone

OverRide wrote: »

Bst

https://en.m.wikipedia.org/wiki/Bovine_somatotropin


Fridge loads of it on farms over there

With the right cow (hol) and the right feed 10k litres is easily achieved without BST.

Dawggone

freedominacup wrote: »

$100 million was the total volume of sales on that scam operation yesterday. How much cash do you think you'd have needed in your account yesterday morning to move that "index" another $300/tonne kt? It's some joke when one trader with a small amount of cash can influence our incomes in such a dramatic manner. What prevented our co-ops buying against the drop in this market. It would have been a lot cheaper for the EU to buy for intervention from the gdt as the volumes are so small than the kind of open ended commitment made in the past twelve months.

If that's true we should organise a little slush fund for Kowtow and let him enjoy himself.....





.....as far as I recall nobody went to jail for manipulating Libor.

jaymla627

OverRide wrote: »

Siobhan Talbot on morning Ireland talking about uncertainty in the 'milk space'
No uncertainty in her salary space,that's for sure

Oh and she congratulated Glanbia on being able to increase milk price thanks to a market improvement
The cheek
She gave us an increase from our own share money not the milk market :mad:

She may find another few cent over the next few months aswell, the Co-op top up well must be nearly dry and when that runs out glanbia are 3-4 cent behind the likes of arrabawn/lakelands...
Unless of course they plan on using the 50 million they banked through the bond exchange, which is the most likely outcome

whelan2

OverRide wrote: »

Siobhan Talbot on morning Ireland talking about uncertainty in the 'milk space'
No uncertainty in her salary space,that's for sure

Oh and she congratulated Glanbia on being able to increase milk price thanks to a market improvement
The cheek
She gave us an increase from our own share money not the milk market :mad:

Did she mention that Glanbia will probably be again the bottom of the milk price league for this month?

jaymla627

Dawggone wrote: »

With the right cow (hol) and the right feed 10k litres is easily achieved without BST.

But sure them 10k cows don't last and their ebi would be shocking something about grass to milk/high solid cows.....
We are kidding ourselves in Ireland if we think a 5000 litre grass based cow will even come close to matching a 10k American cow when grain/maize is so cheap....
Just look at the size of their units and how quickly they expand/turn on the taps when milk price rises, with no real premium being put on our premium grass based milk trying to compete with these guys isn't realistic

Farmer Ed

freedominacup wrote: »

$100 million was the total volume of sales on that scam operation yesterday. How much cash do you think you'd have needed in your account yesterday morning to move that "index" another $300/tonne kt? It's some joke when one trader with a small amount of cash can influence our incomes in such a dramatic manner. What prevented our co-ops buying against the drop in this market. It would have been a lot cheaper for the EU to buy for intervention from the gdt as the volumes are so small than the kind of open ended commitment made in the past twelve months.

This world seems to have become one big casino.

OverRide

whelan2 wrote: »

Did she mention that Glanbia will probably be again the bottom of the milk price league for this month?

Nope and wasn't mentioned by Brian Finn either

Farmer Ed

http://www.agriland.ie/farming-news/increased-milk-prices-a-sign-processors-fear-farmers-will-cut-back-supplies/

I am not an ICMSA member as like Ifa I don't think they have a good track record. But I'm beginning to start to have a little bit of respect for this guy. We need more of this type of hard hitting representation. A spade needs to be called a spade.

Mooooo

jaymla627 wrote: »

Dawggone wrote: »

With the right cow (hol) and the right feed 10k litres is easily achieved without BST.

But sure them 10k cows don't last and their ebi would be shocking something about grass to milk/high solid cows.....
We are kidding ourselves in Ireland if we think a 5000 litre grass based cow will even come close to matching a 10k American cow when grain/maize is so cheap....
Just look at the size of their units and how quickly they expand/turn on the taps when milk price rises, with no real premium being put on our premium grass based milk trying to compete with these guys isn't realistic

Our biggest issue isn't so much our method of production imo, but the fact that more or less all our milk has to leave these shores whereas most other countries bar nz have a significant domestic demand to prop up prices to some degree. Marketing and product wise we have a lot to do as powder just won't cut it if we want to get more for our milk

mahoney_j

jaymla627 wrote: »

But sure them 10k cows don't last and their ebi would be shocking something about grass to milk/high solid cows.....
We are kidding ourselves in Ireland if we think a 5000 litre grass based cow will even come close to matching a 10k American cow when grain/maize is so cheap....
Just look at the size of their units and how quickly they expand/turn on the taps when milk price rises, with no real premium being put on our premium grass based milk trying to compete with these guys isn't realistic

10 k litre cows aren't lasting /2/3 lactations top over there ,pumped with feed amongst other things jaysus you've an afull chip on your shoulder re ebi /grass based dairying in this country which vast ammount of us are doing well .think u should open up your gates and invite us all along to see where we're going wrong .....
Rest of your post id agree with

jaymla627

mahoney_j wrote: »

10 k litre cows aren't lasting /2/3 lactations top over there ,pumped with feed amongst other things jaysus you've an afull chip on your shoulder re ebi /grass based dairying in this country which vast ammount of us are doing well .think u should open up your gates and invite us all along to see where we're going wrong .....
Rest of your post id agree with

Pedigree holstein herd up the road who i source bulls from and he can show you a herd of 10k cows going into 6/7/8/9 lactations, grass based system here aswell but I find it hilarious irish lads think that forigen/low ebi cows are fragile yokes that barely last 2 lactations, it's a myth that teagasc have been peddling for years
Delivered 533 kgs last year on co-op report with 70 % of herd in 1st/2nd lactation, should do 550-570kgs this year and will be putting in no more then 1.3 ton of meal and grass/silage no maize/beet/tmr etc....
Only in my fourth year of milking but herd is in top 2% for solids delivered in glanbia last year, in all fairness I should be no where near the top 10% in this group considering the base I started from, and easily will do 600kgs a year per cow by 2019 when the current crop of maiden heifers/incalf heifers mature and I stop expanding and would reckon grass and 1.3 ton of meal will easily achieve this

mahoney_j

jaymla627 wrote: »

Pedigree holstein herd up the road who i source bulls from and he can show you a herd of 10k cows going into 6/7/8/9 lactations, grass based system here aswell but I find it hilarious irish lads think that forigen/low ebi cows are fragile yokes that barely last 2 lactations, it's a myth that teagasc have been peddling for years
Delivered 533 kgs last year on co-op report with 70 % of herd in 1st/2nd lactation, should do 550-570kgs this year and will be putting in no more then 1.3 ton of meal and grass/silage no maize/beet/tmr etc....
Only in my fourth year of milking but herd is in top 2% for solids delivered in glanbia last year, in all fairness I should be no where near the top 10% in this group considering the base I started from, and easily will do 600kgs a year per cow by 2019 when the current crop of maiden heifers/incalf heifers mature and I stop expanding and would reckon grass and 1.3 ton of meal will easily achieve this

Define a lactation ,to me it's a cow that milks for 305/20 days and calves every year .more or less same figures as you here ,.85% calved in 6 weeks 100% 11.5 .3% empty last year .will do over 7600 ltrs 580 plus solids from grass and 1.2 t this year and I'm one of the sheep following the flock on grass and ebi .10 k ltrs herds are a myth in this country if your talking delievered figures not milk recorded or rolling average

stanflt

jaymla627 wrote: »

Pedigree holstein herd up the road who i source bulls from and he can show you a herd of 10k cows going into 6/7/8/9 lactations, grass based system here aswell but I find it hilarious irish lads think that forigen/low ebi cows are fragile yokes that barely last 2 lactations, it's a myth that teagasc have been peddling for years
Delivered 533 kgs last year on co-op report with 70 % of herd in 1st/2nd lactation, should do 550-570kgs this year and will be putting in no more then 1.3 ton of meal and grass/silage no maize/beet/tmr etc....
Only in my fourth year of milking but herd is in top 2% for solids delivered in glanbia last year, in all fairness I should be no where near the top 10% in this group considering the base I started from, and easily will do 600kgs a year per cow by 2019 when the current crop of maiden heifers/incalf heifers mature and I stop expanding and would reckon grass and 1.3 ton of meal will easily achieve this

Why doesnt his co op reports support 10k litres ???


Easy to have a milk recorded 10k herd but to have a 10k co op report he needs to be doing 750kg ms plus per cow which no body is doing

freedominacup

stanflt wrote: »

Why doesnt his co op reports support 10k litres ???


Easy to have a milk recorded 10k herd but to have a 10k co op report he needs to be doing 750kg ms plus per cow which no body is doing

We had a 9300l 305 day average here once upon a time. Funnily enough we could never get anywhere near 900,000l sold from 100 cows. I might differ with Stan and mj 're ebi but on this point I fully agree. Kgs delivered. That's all that counts.

kowtow

freedominacup wrote: »

$100 million was the total volume of sales on that scam operation yesterday. How much cash do you think you'd have needed in your account yesterday morning to move that "index" another $300/tonne kt? It's some joke when one trader with a small amount of cash can influence our incomes in such a dramatic manner. What prevented our co-ops buying against the drop in this market. It would have been a lot cheaper for the EU to buy for intervention from the gdt as the volumes are so small than the kind of open ended commitment made in the past twelve months.

The GDT auction is a bit of an oddity because it is dominated by a single supplier, and there is no transparency of the product being sold behind the auction (the value added, direct channel, product.. which as far as anyone knows can be more or less the same product) - so while the GDT represents a window in to the market it is hardly a clearing house. GDT volumes offered this quarter appear to be a little lower than in the same quarter last year, and maybe 40%? lower than the same quarter in 2014, lower also than 2013... and the bidding demand is also a lot weaker, but the point is that in the GDT we are not seeing all of the bidding demand or indeed all of the offered product.

All in all if you were going to manipulate the GDT auction it would be easier as a major seller on than it would as a buyer.

Futures contracts seem to have been quoted much more in the press lately, especially the NZ futures, but again these are very thinly traded markets and very little of the actual trade goes through them (or indeed is hedged on them) so whilst it would be fairly easy for a single buyer to gun the price upwards (or seller downwards) I'm not sure that the physical markets would follow suit, so it wouldn't be any use to terminal sellers of milk (those with a full bulk tank..)

I like the idea of the EU buying SMP directly on the NZ / CME futures exchange rather than here. Cuts out the middle man!

Brown Podzol

Realistically there is 30/40k lts 3k solids in most cows. You can get it over 3 or 6 lactations. The exceptional cow will 100 tonnes but how many cohorts will have fallen by the wayside. The trick is to get the output as economically as possible.

Mooooo

Could fonterra be just trying to put out a positive note so in order to prevent supply from dropping any further in nz at the start of their season?

kowtow

Farmer Ed wrote: »

This world seems to have become one big casino.

I can cope with the world being a casino, what I don't like the idea of is the likes of Ms Talbot hovering behind me with the drinks tray, while her mates pull the cards from the shoe.

yewtree

Average lactation lenght in th USA is 2.4 and the they target calving intervals of400 days so clearly cows lasting past 3 lactation is unusually never mind 5-6.
They don't graze out their largely because it's not possible dairy states like Wisconsin have + 40 in summer and - 30 in winter ryegrass won't survive in those conditions.
I don't buy this idea that production/cow is a good indicator of farm profit. Clearly there are guys here who have high production and high profit. I will probably deliver 460 kg ms this year, if I was to listen to some of the stuff on here I should be gone broke, the reality is I can take a wage each month and clear all bills and repayments due. I am very positive about the future and will probably never get close to the production/ cow some lads are achieving but I don't think it will hold back my business.

Buford T. Justice XIX

Buford T. Justice V wrote: »

Nothing yet:(

I'll take that as a sign that they are fighting over whether to rise it by 2c or just stick with the one for this month:o

Well, Kerry didn't stick with the 1c this month.

They held the price, the bunch of bar stewards:mad:

blackdog1

stanflt wrote:

Why doesnt his co op reports support 10k litres ???

stanflt wrote:

Easy to have a milk recorded 10k herd but to have a 10k co op report he needs to be doing 750kg ms plus per cow which no body is doing

1 fella in Waterford doing it Stan but he's inside all the time due to TB and milks 3 times a day. Lots of low ebi people doing well same as high ebi herds. Your not exactly a neutral Stan as you get a few Bulls tested I think? If so that is considered an income stream and I'd defend it vigorously too if I were you.

stanflt

blackdog1 wrote: »

1 fella in Waterford doing it Stan but he's inside all the time due to TB and milks 3 times a day. Lots of low ebi people doing well same as high ebi herds. Your not exactly a neutral Stan as you get a few Bulls tested I think? If so that is considered an income stream and I'd defend it vigorously too if I were you.

No co op report over 680kg so he couldn't be doing 10k unless his fat and protein combine to under 6.5

blackdog1

All I know is that is what he said and multiple Ai companies visited his farm just ask one of them when your at the ploughing whose in charge of bull selection. I forget the man's name as I dismissed his system...to labour intensive for me.

whelan2

Buford T. Justice V wrote: »

Well, Kerry didn't stick with the 1c this month.

They held the price, the bunch of bar stewards:mad:

what is the price?

Henwin

So kerry havent incresed by 1 cent?

yosemitesam1

https://www.google.ie/url?sa=t&source=web&rct=j&url=http://www.nuffieldinternational.org/rep_pdf/1295816856Paul_Robinson_edited_report.pdf&ved=0ahUKEwiJ0qnKr8jOAhUHI8AKHS9NCDsQFggfMAA&usg=AFQjCNH7jMoOlAznoV9b-ASF1KTtiw6dlQ&sig2=3kQlokcP-MlqsYmxFNNqEw

Worth a look about high yields and fert

stanflt

blackdog1 wrote: »

All I know is that is what he said and multiple Ai companies visited his farm just ask one of them when your at the ploughing whose in charge of bull selection. I forget the man's name as I dismissed his system...to labour intensive for me.

I don't believe anything unless it's backed up by proof- ie co op report etc

Buford T. Justice XIX

whelan2 wrote: »

what is the price?

23.5c, I think!

23.898c @ 3.774 fat and 3.354 protein, average constituents
24.088c @ 3.840 fat and 3.357 protein, standard constituents

Henwin wrote: »

So kerry havent incresed by 1 cent?

The report I got was that they were staying put for this month.

whelan2

Buford T. Justice V wrote: »

23.5c, I think!

23.898c @ 3.774 fat and 3.354 protein, average constituents
24.088c @ 3.840 fat and 3.357 protein, standard constituents


The report I got was that they were staying put for this month.

still above Glanbia

oxjkqg

So kerry are the only coop who have decided to hold there june price.
Fantastic, just fantastic.

Buford T. Justice XIX

oxjkqg wrote: »

So kerry are the only coop who have decided to hold there june price.
Fantastic, just fantastic.

So far, anyway.

Hopefully my info is wrong:(

freedominacup

blackdog1 wrote: »

1 fella in Waterford doing it Stan but he's inside all the time due to TB and milks 3 times a day. Lots of low ebi people doing well same as high ebi herds. Your not exactly a neutral Stan as you get a few Bulls tested I think? If so that is considered an income stream and I'd defend it vigorously too if I were you.

I'm pretty sure the shine went off the 3 times per day this time last year. Couldn't swear to it mind but pretty certain. Facing back into the parlour after a couple of hours of a spin on the bike got old, fast.

oxjkqg

Buford T. Justice V wrote: »

So far, anyway.

Hopefully my info is wrong:(

No you are right, its up on agriland there too

Brown Podzol

Bush telegraph is saying that DG are rising 1c today. June price was 21.31 exc vat.

Keepgrowing

I skipped past the pissing match and would love if people could quote in kg/ha sold. The hectare is the limiting factor aside from ourselves of course.

10,000 litres cows my hole. They're in Ireland alright I may even have a few but a whole herd, name one

mahoney_j

Keepgrowing wrote: »

I skipped past the pissing match and would love if people could quote in kg/ha sold. The hectare is the limiting factor aside from ourselves of course.

10,000 litres cows my hole. They're in Ireland alright I may even have a few but a whole herd, name one

1297 kg per hectare here on milk block 2015 figures

mf240

10000 litres costs 400 euros to have collected in a+b -c

freedominacup

mahoney_j wrote: »

1297 kg per hectare here on milk block 2015 figures

Milking block around 1250. Overall around 800. Hoping to hit just over 1100 overall this year. Probably be 1600-1700 on milking ha.

yewtree

Should be 1500 ms/ha here this year, (3.3 sr x 460 kg ms) on milking platform.
900 ms/ha over the whole farm.
stocked at 2.4 over whole farm and buying in 15% of winter feed. dont think there is much room to drive stocking rate any more on milking block as any additional milk solids will be effectively bought through imported feed, i dont have much excess grass.
Some lads on here can carry higher stocking rates and so should have higher ms solids/ha and it will be profitable.
The danger with ms/ha is we chase it and overstock farms leading to huge imported feed bills particularly in years like this, every farm has a different optimum stocking rate

Keepgrowing

yewtree wrote: »

Average lactation lenght in th USA is 2.4 and the they target calving intervals of400 days so clearly cows lasting past 3 lactation is unusually never mind 5-6.
They don't graze out their largely because it's not possible dairy states like Wisconsin have + 40 in summer and - 30 in winter ryegrass won't survive in those conditions.
I don't buy this idea that production/cow is a good indicator of farm profit. Clearly there are guys here who have high production and high profit. I will probably deliver 460 kg ms this year, if I was to listen to some of the stuff on here I should be gone broke, the reality is I can take a wage each month and clear all bills and repayments due. I am very positive about the future and will probably never get close to the production/ cow some lads are achieving but I don't think it will hold back my business.

Visited a few farms there 2 yrs ago and was blown away by the attention to detail and BCS on the farms. All large operations. Same question asked on each re Johnes protocol, each gave the same answer "no cow lives long enough for us to know"

stanflt

Glanbia pay 1cpl more for July milk

But deduct nearly 1cpl for overpaying fixed milk price schemes as they reckon they got it wrong

whelan2

stanflt wrote: »

Glanbia pay 1cpl more for July milk

But deduct nearly 1cpl for overpaying fixed milk price schemes as they reckon they got it wrong

sent in way more milk for july this year cheque down 2.5k on last year, better solids etc :mad:

jaymla627

Brown Podzol wrote: »

Realistically there is 30/40k lts 3k solids in most cows. You can get it over 3 or 6 lactations. The exceptional cow will 100 tonnes but how many cohorts will have fallen by the wayside. The trick is to get the output as economically as possible.

First stock bull I bought the grandmother/great grandmother had both done 100 tons plus of milk solids and both lasted past 9th lactation and both cows where over ex 90 classified.....
Maybe I'm a biased but I'd rather have heifers with this breeding in my herd then some next best thing genomic sire who's mother most likely has never done past 6000 litres in a lactation and has the confirmation traits of a goat/with a temperament to suit

stanflt

jaymla627 wrote: »

First stock bull I bought the grandmother/great grandmother had both done 100 tons plus of milk solids and both lasted past 9th lactation and both cows where over ex 90 classified.....
Maybe I'm a biased but I'd rather have heifers with this breeding in my herd then some next best thing genomic sire who's mother most likely has never done past 6000 litres in a lactation and has the confirmation traits of a goat/with a temperament to suit

Gdam of 410 ebi bull

Point out her flaws please

kowtow

stanflt wrote: »

Gdam of 410 ebi bull

Point out her flaws please

The only flaw she has is you haven't dropped her over yet

yewtree

Aurivo increase by 1 cent to 23 cent.

wats the craic

strathroy increase by 1 cent to 25.2 inc vat