Milk Price III

Buford T. Justice XIX

alps wrote: »

Lots of SS to be paid for....

And their bonuses don't depend on a good milk price.

lab man

Ss ?

mahoney_j

alps wrote: »

Lots of SS to be paid for....

30 million plus been dropped in Arrabawn and I’d have to be worried about that sort of spend 0.5 cent per liter is on top of every price cut for us now

Mooooo

lab man wrote: »

Ss ?

Stainless steel

whelan2

lab man wrote: »

Ss ?

Siobhans salary...

lab man

whelan2 wrote:

Siobhans salary...

Not a dairy guy who's siobhan

Timmaay

Buford T. Justice V wrote: »

Delaval (cough:D) used say you would need 250 euro a cow to get you to a good cash flow from milk every year. It's probably more now, though.

I think that was more putting away 250/cow when the price of milk was in the high 30s for when the price was either in the 20s or weather shocks? And the Greenfeild managed to blow through about 400/cow last year. I was more talking about the transition from a steady milk cheque every month to now being a spring supplier so big cash drain them few months.

tanko

lab man wrote: »

Not a dairy guy who's siobhan

Siobhan Talbot, Glanbia boss.

Mortelaro

Timmaay wrote: »

I think that was more putting away 250/cow when the price of milk was in the high 30s for when the price was either in the 20s or weather shocks? And the Greenfeild managed to blow through about 400/cow last year. I was more talking about the transition from a steady milk cheque every month to now being a spring supplier so big cash drain them few months.

3 words
Discipline
Discipline
Discipline
Your cows will give the same amount of milk except you should have at least as much more peak summer as you'd have sent in during winter
Don't look at your June or July cheques saying oh my,how do I spend this
Subtract your normal nov to February cheque amount from may June july and bank it elsewhere
Set standing order back into business account for your requirements until its depleted
Rinse and repeat every year

moneyheer

Coolfresian wrote: »

liosnagceann75 wrote: »

In addition (excl Fixed Price Contract Milk) Kerry is paying 0.5c/l on milk supplied from May 1 - Dec 31 2018 which exceeds our Milk Contract Price commitment.

Text from kerry Co op earlier

Over to u glanbia with your 'commitment to pay a leading milk price'

As far as I can see glanbia had no justification to drop half a cent and this cookie jar money seems to be becoming the norm. Embarrassing really.

They never said they would lead the price up🀔

Timmaay

Mortelaro wrote: »

3 words
Discipline
Discipline
Discipline
Your cows will give the same amount of milk except you should have at least as much more peak summer as you'd have sent in during winter
Don't look at your June or July cheques saying oh my,how do I spend this
Subtract your normal nov to February cheque amount from may June july and bank it elsewhere
Set standing order back into business account for your requirements until its depleted
Rinse and repeat every year

I'm not gonna lie I'm still guilty of that abit here now ha, however the bank balance is a hell of alot healthy than the early days here 6 or 7 yrs ago when the milk sales were alot lower.

Buford T. Justice XIX

https://twitter.com/EuropeanMMO/status/1108779225706831875?s=19

whelan2

What are Strathroy paying now?

Buford T. Justice XIX

Mortelaro

whelan2 wrote: »

What are Strathroy paying now?

Any answer? John Murphy told us at a local ICMSA meeting that Glanbia are paying more and that there was a bonus coming next month...

GrasstoMilk

Mortelaro wrote: »

Any answer? John Murphy told us at a local ICMSA meeting that Glanbia are paying more and that there was a bonus coming next month...

What sort of bonus? A top up on last year's supply??

Mortelaro

GrasstoMilk wrote: »

What sort of bonus? A top up on last year's supply??

He didn't say but that was the take away impression of what he meant
I'll believe it when I see it

RightTurnClyde

whelan2 wrote: »

What are Strathroy paying now?

Base 31.62 inc vat
+ 0.50 +vat quality bonus

whelan2

RightTurnClyde wrote: »

Base 31.62 inc vat
+ 0.50 +vat quality bonus

So in truth Glanbia are not paying more than strathroy....

jaymla627

Mortelaro wrote: »

He didn't say but that was the take away impression of what he meant
I'll believe it when I see it

Aren’t some of the profits from the G11 meant to start making their way back to farmers,it would be a small enough top-up in any case I reckon

Mortelaro

whelan2 wrote: »

So in truth Glanbia are not paying more than strathroy....

Its marginal at this stage
Somebody was saying thst the journal had it the other week that strathroy's profit last year was just a few hundred thousand out of a turnover of 70 million or so
Unless they had huge one off write downs, those figures are shaky.

Gawddawggonnit

April 35cpl + vat @ 3.2p and 3.8bf.

May 36cpl + vat.

June 36cpl + vat.

If there’s a no deal Brexit...all bets are off!

alps

Gawddawggonnit wrote: »

April 35cpl + vat @ 3.2p and 3.8bf.

May 36cpl + vat.

June 36cpl + vat.

If there’s a no deal Brexit...all bets are off!

Back of the fag box here, but converting your 36c+vat to 3.6/3,3 and adding vat it comes to 36.5 c ...

Doubt if well see it here at any stage this year

freedominacup

Glanbia to drop to 30c on Friday. You heard it here first.

jaymla627

freedominacup wrote: »

Glanbia to drop to 30c on Friday. You heard it here first.

30 all in our will they top it up with co-op support, the interim payment is gone so I take it

whelan2

freedominacup wrote: »

Glanbia to drop to 30c on Friday. You heard it here first.

I wonder whats their reasoning for it, ornua price is over 32 cent isn't it? Sure wasn't their base price for February 30cpl before the makey up stuff?

mahoney_j

freedominacup wrote: »

Glanbia to drop to 30c on Friday. You heard it here first.

Then the rest of the sheep will follow French style protests needed at our coops

jaymla627

whelan2 wrote: »

I wonder whats their reasoning for it, ornua price is over 32 cent isn't it?

Ppi down to 31 for march, the money going into extra stainless steel has to be pulled from somewhere, and the farmer is the easy target, to be fair it’s the rapid expansion of spring calving herds that it’s needed for so peak months milk price taking a trimming is sort of a roundabout processing charge in their eyes

mahoney_j

jaymla627 wrote: »

Ppi down to 31 for march, the money going into extra stainless steel has to be pulled from somewhere, and the farmer is the easy target, to be fair it’s the rapid expansion of spring calving herds that it’s needed for so peak months milk price taking a trimming is sort of a roundabout processing charge in their eyes

In reverse then u could say they don’t have to pay for winter/liquid milk due to lads calving and milking on supplying I contracted milk .your right on ss someone has to pay and as usual it’s the fool supplying it .lits of us been hit on double now we’re paying into revolving funds to pay for expansion and at same time seeing our price pulled so our ceos and coops make there profits ,

kevthegaff

In reverse then u could say they don’t have to pay for winter/liquid milk due to lads calving and milking on supplying I contracted milk .your right on ss someone has to pay and as usual it’s the fool supplying it .lits of us been hit on double now we’re paying into revolving funds to pay for expansion and at same time seeing our price pulled so our ceos and coops make there profits ,

What will be Arrabawns?