Milk Price- Please read Mod note in post #1

RightTurnClyde

Brown Podzol wrote: »

FFS. Almost €70m profit last year plus the revolving fund. You'd think for shame sake they'd hold the price for May anyway.

And a heap of SL money sitting in the bank earning interest till September

farmer lad

limerick farmer wrote: »

got a text today.to reg com.The board has today decided to reduce the price for milk supplied in May by 2cpl bringing the price to 37cpl incl VAT

It's realistically 36.5 cpl as they gona charge .5 cpl for the revolving fund anyway

Brown Podzol

farmer lad wrote: »

It's realistically 36.5 cpl as they gona charge .5 cpl for the revolving fund anyway

Plus another .5 cent share up, neither of which is tax allowable, so if on high rate of tax is in effect 2 cent. The revolving fund is returned in seven years free of tax then with an annual accruing interest rate of 3 month Euribor+ 2.5, which is subsided as no farmer can borrow at that rate. The share will only always be worth a €, even though it in effect it cost two euro, but usually gets 1.25% dividend so declines in value by inflation minus 1.25%.

whelan2

did anyone get their glanbia milk cheque into their account today? Thats 2 months in a row its not in on the 18th:mad:

EamonKilkenny

whelan2 wrote: »

did anyone get their glanbia milk cheque into their account today? Thats 2 months in a row its not in on the 18th:mad:

Just looked, same as. Really disappointing. It's supposed to be a guarantee.

whelan2

EamonKilkenny wrote: »

Just looked, same as. Really disappointing. It's supposed to be a guarantee.

will be plenty of calls and texts to them this morning. Thought last month was a 1 off

whelan2

farm services guy replied" i am told they go into accounts on the night of the 18th each month" i replied we always had them in account on the 18th up til now

Deepsouthwest

Carbery have just cut their price by 2 cents a litre, but our coop Drinagh have only cut it by 1 cent, down to 38.40c/l.

Oldtree

whelan2 wrote: »

farm services guy replied" i am told they go into accounts on the night of the 18th each month" i replied we always had them in account on the 18th up til now

There's a new banking payment system in place now making a mess of everything. Wife used to be paid at 12 midnight in the morning of payday, now it can be anything up towards 12 midday on payday. Banks are not taking responsibility for slow payments pointing back to the employers, who have paid in the monies at the usual time same as before.:mad:

moy83

Oldtree wrote: »

There's a new banking payment system in place now making a mess of everything. Wife used to be paid at 12 midnight in the morning of payday, now it can be anything up towards 12 midday on payday. Banks are not taking responsibility for slow payments pointing back to the employers, who have paid in the monies at the usual time same as before.:mad:

My wife gave out stick to someone in her wages dept there a couple of weeks ago at 6 in the morning when she woke and found out her wages weren't gone through . I felt sorry for whoever was on the end of the phone ! Not sure was it the bank or her workplace actually .
If I get paid within a couple of weeks from when I'm told I'm usually happy enough !

Wheelinone

moy83 wrote: »

My wife gave out stick to someone in her wages dept there a couple of weeks ago at 6 in the morning when she woke and found out her wages weren't gone through . I felt sorry for whoever was on the end of the phone ! Not sure was it the bank or her workplace actually .
If I get paid within a couple of weeks from when I'm told I'm usually happy enough !

Mental note to self. If you ever meet moy83 do not under any circumstances piss his wife off.

Panch18

Oldtree wrote: »

There's a new banking payment system in place now making a mess of everything. Wife used to be paid at 12 midnight in the morning of payday, now it can be anything up towards 12 midday on payday. Banks are not taking responsibility for slow payments pointing back to the employers, who have paid in the monies at the usual time same as before.:mad:

I'd say you're referring to the SEPA payments process which was implemented earlier this year

This is an EU "directive" that is supposed to make payments "faster" and "better"

Mixed results I would say

RightTurnClyde

Panch18 wrote: »

I'd say you're referring to the SEPA payments process which was implemented earlier this year

This is an EU "directive" that is supposed to make payments "faster" and "better"

Mixed results I would say

It's a load of boll1x. I changed banks a few months ago, and before the bank would change all direct debits and standing orders for you. Now you have to contact everyone that's dding from your account and get them to send out a sepa dd mandate form. And it gets better, once the mandate is returned the bank charge 4.50 per mandate to setup.
Another EU directive that's working well!! What's the story with the EU that they love to bury everything in inefficient ineffective bureaucracy.

Oldtree

Back to Milk Price before I get shot please

whelan2

its a bit of a fook up all right, i know a lad has all dd's due to come out on 18th, think he will be changing that after this

whitebriar

Yeah looks like when they had that *error* last month ,some bright spark has set the payments for the 19th...
The direct payment literature guarantees dp for the 19th.
Its just that in practice its came in on the 18th.

Now heres the rub..SEPA has been in since february.So someone recently has made a DELIBERATE change...

jt65

Arrabawn

base 37.874

3.75 b/f
3.41 p

38.81 c/ltr

Milked out

DG base 37c/l

3.53p
3.84bf
4.83l

40.042c/l incl VAT

Wheelinone

Do many of you get a trading bonus at the end of year if your co- op has a merchant branch. And is it factored into the price if your milk.

freedominacup

moy83 wrote: »

My wife gave out stick to someone in her wages dept there a couple of weeks ago at 6 in the morning when she woke and found out her wages weren't gone through . I felt sorry for whoever was on the end of the phone ! Not sure was it the bank or her workplace actually .
If I get paid within a couple of weeks from when I'm told I'm usually happy enough !

My wife thinks your wife is high maintenance (she actually used choicer language). She does the wages where she works. Any fcuker rings her at six in the morning about wages better come to work loaded for bear.

Wheelinone

freedominacup wrote: »

My wife thinks your wife is high maintenance (she actually used choicer language). She does the wages where she works. Any fcuker rings her at six in the morning about wages better come to work loaded for bear.

Mental note; Do not under any circumstances piss off freedoms missus. Gulp.

PMU

base price 39.07
pr 3.48
fat 3.98
may price 42.27

moy83

freedominacup wrote: »

My wife thinks your wife is high maintenance (she actually used choicer language). She does the wages where she works. Any fcuker rings her at six in the morning about wages better come to work loaded for bear.

We should double date , leave the ladies to wages talk and us to the great SFP divide of the east and west !

whelan2

so whats the thinking on june price?

frazzledhome

My view, no drop in GII as last one was hasty and ill-advised.

The ones that didn't drop will drop this mth.

My personal view, not based on concrete info!!!!

loveta

frazzledhome wrote: »

My view, no drop in GII as last one was hasty and ill-advised.

The ones that didn't drop will drop this mth.

My personal view, not based on concrete info!!!!

Hope your right jungle drums round here are saying L.land il go again if they can, will know by friday either ways.

simx

frazzledhome wrote: »

My view, no drop in GII as last one was hasty and ill-advised.

The ones that didn't drop will drop this mth.

My personal view, not based on concrete info!!!!

Bought cattle off a man that is fairly well in the loop and he reckons that things will hang tough the way they are for next 2/3 months anyway

Viewtodiefor

frazzledhome wrote: »

My view, no drop in GII as last one was hasty and ill-advised.

The ones that didn't drop will drop this mth.

My personal view, not based on concrete info!!!!

Hope your right might be wishful thinking ?

whelan2

had to do some work on accounts from a few years ago last week, 2009 was one crap year for milk price 21 cpl one of the months:eek::eek:

Timmaay

whelan2 wrote: »

had to do some work on accounts from a few years ago last week, 2009 was one crap year for milk price 21 cpl one of the months:eek::eek:

Don't remind us ha!

frazzledhome

whelan2 wrote: »

had to do some work on accounts from a few years ago last week, 2009 was one crap year for milk price 21 cpl one of the months:eek::eek:

Yes, but what was your average price? I'd wager it was higher than that

whelan2

frazzledhome wrote: »

Yes, but what was your average price? I'd wager it was higher than that

27.7 cpl for 2009

stanflt

whelan2 wrote: »

27.7 cpl for 2009

29.4 liquid saved us that year

frazzledhome

whelan2 wrote: »

27.7 cpl for 2009

So it didn't turn out so bad???

kevthegaff

frazzledhome wrote: »

So it didn't turn out so bad???

I remember it was one of my first years farming, wasnt easy with high loan repayments

whelan2

kevthegaff wrote: »

I remember it was one of my first years farming, wasnt easy with high loan repayments

i suppose we can look back now and say we survived it, wouldnt want another one though. The other thing was the big difference in liquid and manufacturing price

frazzledhome

frazzledhome wrote: »

So it didn't turn out so bad???

It was a brute as price was low for the peak

frazzledhome

kevthegaff wrote: »

I remember it was one of my first years farming, wasnt easy with high loan repayments

Spare a thought for beef men €4/kg=23c/litre. At least ours was collected and paid for.

One of those years in a career is enough

Coonagh

frazzledhome wrote: »

Spare a thought for beef men €4/kg=23c/litre. At least ours was collected and paid for.

One of those years in a career is enough

I'd reckon cattle would want to be close to €9/kg to match milk at the minute

frazzledhome

Coonagh wrote: »

I'd reckon cattle would want to be close to €9/kg to match milk at the minute

Should you nt be sweeping the yard for tomorrow?

Coonagh

frazzledhome wrote: »

Should you nt be sweeping the yard for tomorrow?

That's a small job round here, fecking too busy pulling ragwort

keep going

I reckon 30 cent a litre is the new 23 the way costs have risen

red bull

keep going wrote: »

I reckon 30 cent a litre is the new 23 the way costs have risen

Yes, at least, considering most of us are having deductions for post quota expansion

slippy wicket

The board of GIIL has today agreed to retain a base manufacturing milk price for June of 37cpl inc. vat.



Whoop de feckin do.

Wheelinone

slippy wicket wrote: »

The board of GIIL has today agreed to retain a base manufacturing milk price for June of 37cpl inc. vat.



Whoop de feckin do.

Now now it's better than 27 cpl.

slippy wicket

Wheelinone wrote: »

Now now it's better than 27 cpl.

True enough. With the long month it should run into a good cheque all the same.

whelan2

Wheelinone wrote: »

Now now it's better than 27 cpl.

i like your user name:D

loveta

Lake Land held june price at 37c lt so not so bad to be wrong about it getting another nip :-)

Wheelinone

whelan2 wrote: »

i like your user name:D

Penneys dropped. I picked it up when we lost the original. A bit of tongue in cheek. I hope you don't mind. I used to have another username but changed it in the upheaval.

whelan2

anyone else getting "internal server error" when they go to look up june milk statement on agrilink?