Milk Price- Please read Mod note in post #1

red bull

Any news on Arrabawn June price ?

mahoney_j

red bull wrote: »

Any news on Arrabawn June price ?

Will know later in afternoon and post here.looking at holding at best and possibly .5 cut.pressure is on to hold though

Coonagh

41.095 c/litre
4.1 bf
3.61 p

37c base, Lakelands supplier

Creamery are 6.5% over quota ytd

mahoney_j

red bull wrote: »

Any news on Arrabawn June price ?

Price held but more cuts def on way.markets back signifanctly in last month

castletrader

http://www.agriland.ie/news/strathroy-pays-38cl-june-milk/. Will have to jump ship now!

whelan2

that was one hell of a scheme, 40% return on investment after 5 years, any chance of a similar one?

whelan2

any word on july price yet?

Cow Porter

what effect will putins chess game have on irish price??



cant post link cos im a newbie lol

5live

Cow Porter wrote: »

what effect will putins chess game have on irish price??



cant post link cos im a newbie lol

All Irish milk and milk products banned for one year.

We export a lot of cheese to Russia so the effect will be to depress the price, i imagine.

Then again, world markets are converging so the Russians buy the same amount of cheese elsewhere and someone else buys our cheese so no difference in price.

Last meeting i was at was talking about milk bottoming out at 35c before years end so expect 2 cuts of 1c before years end.

Greengrass1

5live wrote: »

All Irish milk and milk products banned for one year.

We export a lot of cheese to Russia so the effect will be to depress the price, i imagine.

Then again, world markets are converging so the Russians buy the same amount of cheese elsewhere and someone else buys our cheese so no difference in price.

Last meeting i was at was talking about milk bottoming out at 35c before years end so expect 2 cuts of 1c before years end.

Heard simon today saying we only export 2% of all our milk products to them so it won't make much difference to us

jack o shea

a verty big well done to all who signed the glanbia milk supply agreement, they have rewarded your loyalty with a 2 cent cut for julys milk, thank god i didnt sign up to the shower of ****.

Greengrass1

jack o shea wrote: »

a verty big well done to all who signed the glanbia milk supply agreement, they have rewarded your loyalty with a 2 cent cut for julys milk, thank god i didnt sign up to the shower of ****.

What's the story with you now? Will you keep supplying glanbia?

whelan2

Out of interest are glanbia the first to announce july price?

mf240

35 cent. Shes falling hard. I am dissapont.

mf240

jack o shea wrote: »

a verty big well done to all who signed the glanbia milk supply agreement, they have rewarded your loyalty with a 2 cent cut for julys milk, thank god i didnt sign up to the shower of ****.

Will your milk not be cut 2 cent.?

whelan2

Was thinking it would be bad when they waited til after Tullamore

mf240

Where and when will it stop? 19 cent next june.?

mahoney_j

mf240 wrote: »

Where and when will it stop? 19 cent next june.?

Jaysus down with that sort of talk .wether you signed the cobtract or not the markets over last few weeks have been falling .whilst no one likes price cuts this one was to be expected.35 is still a good price but 37 would be better.global markets now dictate price hopefully they will start to steady a bit now or not wishing bad luck on our commerades down under but a long hot spell would depress supplies and steady markets

castletrader

http://www.agriland.ie/news/russian-food-ban-reminder-volatility-outside-control/ . This Russian ban is not helping either. Watch the other coops follow now with this CARTEL milk pricing.

mf240

mahoney_j wrote: »

Jaysus down with that sort of talk .wether you signed the cobtract or not the markets over last few weeks have been falling .whilst no one likes price cuts this one was to be expected.35 is still a good price but 37 would be better.global markets now dictate price hopefully they will start to steady a bit now or not wishing bad luck on our commerades down under but a long hot spell would depress supplies and steady markets

Word grain prices are what will drive it down.

The last peak wasnt as high or sustained and it bottomed out at 20 cent in 09.

RightTurnClyde

mf240 wrote: »

Word grain prices are what will drive it down.

The last peak wasnt as high or sustained and it bottomed out at 20 cent in 09.

Agreed on the effect grain prices are having on milk. If this harvest comes in as good globally as they predict, we're looking at 12 months downward pressure to milk prices. China have over purchased milk products by 3 months. This will take till Dec to flush out of the system. That might help things in Jan. On the other hand, the fact that the EU is having the shackles removed after 30 years, will slow down the milk product buyers until they see what effect the removal of quota does.
I don't like using '09 as a yard stick. The financials were in a mess globally. Too many variable in the market back then to use it as a predictor of today's prices.

Timmaay

Too many US dairymen went to the wall after 2009 also, and they are weary of turning on the taps again to the same degree, and up to now have been happy to keep culling cows with a strong beef price.

Gman1987

NZ auction butter price = 2097 euro, Dutch quote = 3420 euro
NZ WMP price = 2086 euro, Dutch quote = 2920 euro

Hopefully the NZ pricing is an over correction of the market but I'd say we are in for a bumpy ride in Europe over the next few months.

Pacoa

Glanbia cut 2 cent. Kerry to follow.

castletrader

Glanbia cut 2 cent. Kerry to follow.

And Stratroy to stay the same , i am told.

trixi2011

aurivo hold price at 37cent. http://t.co/rJJhH7M2TJ

poor farmer

Lakeland down another cent 36 cent now

jt65

any word from Arrabawn ?

whelan2

glanbia milk cheques are in accounts today, i was assuming they wouldnt be in til tuesday

loveta

poor farmer wrote: »

Lakeland down another cent 36 cent now

Was told during the week that they are paying 3 cent more a lt to there northern suppliers. Any one know if there is any truth in it??

whitebriar

Ah... good old GII keeping their promise to pay a market leading price :rolleyes:

Expect a return of the 2c a litre fine on over production in 2015 too,so as to shore up bellview.

Farmers are some mugs and don't they know it.

Viewtodiefor

whelan2 wrote: »

glanbia milk cheques are in accounts today, i was assuming they wouldnt be in til tuesday

Is August a five week month Whelan?

whelan2

Viewtodiefor wrote: »

Is August a five week month Whelan?

No september afaik

frazzledhome

whitebriar wrote: »

Ah... good old GII keeping their promise to pay a market leading price :rolleyes:

Expect a return of the 2c a litre fine on over production in 2015 too,so as to shore up bellview.

Farmers are some mugs and don't they know it.

2c/litre fine in 2015?? First I've heard of this

Timmaay

frazzledhome wrote: »

2c/litre fine in 2015?? First I've heard of this

Hidden as a lower milk price?

farmersfriend

frazzledhome wrote: »

2c/litre fine in 2015?? First I've heard of this

+1

st1979

why the hell would any organisation that has built a new plant fine you for filling it. its a fixed cost the 1 thing they need is plenty of litres to reduce that cost. if anything they would fine you for not producing more (btw that is not happening either)
glanbia is going to make its margin whether milk price is 40 cent or 20 cent. the world market dictates and its a pretty transparent market. which I for 1 prefer.

mahoney_j

Arrabawn down 1 to 36 vat inc.aurivo held at 37 fair play to them.with the mRkets the way the Are its surprising that 2 cent cut wasn't across all coops.would make u wonder how much was been held back price wise through the last year,40 plus was easily achievable but no obe had the balls to break it.

Milked out

37.76 c/l @ 3.47p 3.88bf.
Base is 35.
Difference of 5c/l between top and bottom 10%. In my own case being too slow to take out paddocks and grass getting stemmy in parts of rotation cost me just shy of 1c/l I reckon for last month

C4d78

39.38c/l 3.95 & 3.64
35c/l Base

Greengrass1

What are the markets like at the minute?
Father talking to milk advisor this morning and said he wouldn't be too confident about milk staying at 35 after talking to him

keep going

Greengrass1 wrote: »

What are the markets like at the minute?
Father talking to milk advisor this morning and said he wouldn't be too confident about milk staying at 35 after talking to him

Its in afair mess at the minute. The overall market was on a downward trend due to the increased production and the withdrawal of the Chinese from the market and there is even talk of them dumping some of the earlier bought stocks.but the russian thing has unsettled the whole thing as market shifts around, in other words people who supplied russia before must shift somewhere else and rrussia must find different suppliers

case885

Any news on last years super levy?

stop thelights

Any liquid suppliers here. Is your price slipping as well even though price in the shop is staying the same!

stretch film

stop thelights wrote: »

Any liquid suppliers here. Is your price slipping as well even though price in the shop is staying the same!

Yes slipping . Base now 33.5c/l iirc

stop thelights

stretch film wrote: »

Yes slipping . Base now 33.5c/l iirc

Doesn't make sense does it!! Price in the shop is the same isn't it? I'm just guessing that it is. Everyone is in for a bumpy ride so!

keep going

case885 wrote: »

Any news on last years super levy?

Got text today to say that we are inthe clear

Greengrass1

keep going wrote: »

Got text today to say that we are inthe clear

So you'll get all the fine back?

keep going

Greengrass1 wrote: »

So you'll get all the fine back?

Cant answer that unless you are supplying the same coop as me.you must be over a good bit going by your ice bucket challenge

Deepsouthwest

I see AIB are predicting a rise in milk price for the first half of nxt yr in their latest agricultural newsletter. I hope their right, can't say I'd be over optimistic with their track record of market forecasts!