Milk Price III

jaymla627

Mortelaro wrote: »

We've a world renowned dairy product for its quality according to catriona linnane on rte news there now on a piece on Brexit and the dairy industry...

No mention of our pre brexit world renowned price only some lad from ornua saying we'll continue to produce it
Probably thinking in the back of his mind he'll still get paid more and more anyway...

https://www.agriland.ie/farming-news/dairy-and-pork-among-irish-exports-to-be-hit-with-new-us-tariffs/ not a good newsday

GrasstoMilk

According to the trade representative’s office, the tariffs will be applied to a range of imports from EU Member States, “with the bulk of the tariffs being applied to imports from France, Germany, Spain, and the United Kingdom – the four countries responsible for the illegal subsidies”

Doesn't necessarily apply to us Jay

jaymla627

GrasstoMilk wrote: »

According to the trade representative’s office, the tariffs will be applied to a range of imports from EU Member States, “with the bulk of the tariffs being applied to imports from France, Germany, Spain, and the United Kingdom – the four countries responsible for the illegal subsidies”

Doesn't necessarily apply to us Jay

It does, will take 3 plus cent of the billion plus litres of milk used by Oruna in Kerrygold butter that's exported to the US

whelan2

Coming into effect on 18th October they would be bad fookers to drop September milk price due to this

jaymla627

whelan2 wrote: »

Coming into effect on 18th October they would be bad fookers to drop September milk price due to this

Pretty much guaranteed they will pull now, it's thy perfect excuse

awaywithyou

jaymla627 wrote: »

It does, will take 3 plus cent of the billion plus litres of milk used by Oruna in Kerrygold butter that's exported to the US

they could just do what happens with every product or service and pass the eextra cost onto the end user/consumer.... they dont have to cut the price to the supplier of the raw material....

jaymla627

awaywithyou wrote: »

they could just do what happens with every product or service and pass the eextra cost onto the end user/consumer.... they dont have to cut the price to the supplier of the raw material....

Like beef, we are at the bottom of the barrel as farmers and will naturally have to take the hit, in business terms it wouldn't be a good move to put the extra tariff costs onto the buyers stateside they could as easily turn around and just change suppliers, good bit of kerrygold is more then likely forward sold, so if prices agreed are say 6000 dollars a ton delivered at dock/warehouse the buyer more then likely is under no obligation to pay extra on account of new tariffs been imposed

Buford T. Justice XIX

awaywithyou wrote: »

they could just do what happens with every product or service and pass the eextra cost onto the end user/consumer.... they dont have to cut the price to the supplier of the raw material....

Came across this article yesterday on Kerrygold butter in the US. I'd say we'll have to absorb some of the pain at least but there seems to be a good return on the US market.

https://www.bloomberg.com/news/features/2019-10-02/how-irish-butter-kerrygold-conquered-america-s-kitchens

Injuryprone

jaymla627 wrote: »

It does, will take 3 plus cent of the billion plus litres of milk used by Oruna in Kerrygold butter that's exported to the US

According to CNN there just now there is another case going in the opposite direction that's going to be ruled almost exactly the same in the EU's favour, but not until the spring.
I don't know if this helps or not, or whether it just means we'll be putting tariffs on US goods

Buford T. Justice XIX

I'm told Kerry Group has looked for and received an extension in time to study the Arbitration document. So far, they haven't made any contact with the Co-op.

So the balancing payment will be at least two weeks later than it should be.

So far.

Keep Sluicing

Buford T. Justice VI wrote: »

I'm told Kerry Group has looked for and received an extension in time to study the Arbitration document. So far, they haven't made any contact with the Co-op.

So the balancing payment will be at least two weeks later than it should be.

So far.

Kerry Group have taken on a specialist london based team of commercial lawyers for this. Apparently they are fighting this one.

Buford T. Justice XIX

Keep Sluicing wrote: »

Kerry Group have taken on a specialist london based team of commercial lawyers for this. Apparently they are fighting this one.

Yeah, so much for binding arbitration:rolleyes:

Buford T. Justice XIX

Some EU data on milk and commodity prices.

https://ec.europa.eu/info/food-farming-fisheries/farming/facts-and-figures/markets/prices/price-monitoring-sector/animal-products/milk-and-dairy-products_en

K.G.

Would stratroy survive a hard brexit and what does it mean for southern suppliers

Gawddawggonnit

Milk price for October 36.5c + vat.
That’s without 2.5cpl (+vat) that they’re taking off us for a rainy day fund...like we’re not responsible enough to spend our own money!

The 36.5cpl is for base milk at 3.2pr and 3.8bf. If price rises it’ll go into the rainy day fund.
No prices for Nov & Dec due to Brexit uncertainty.

Shout out to a new Irish entrant in the milk production game. He’s starting with 125 organic Holsteins. Good time to start in organic as price is 54.5cpl + vat for October.

Castlekeeper

Gawddawggonnit wrote: »

Milk price for October 36.5c + vat.
That’s without 2.5cpl (+vat) that they’re taking off us for a rainy day fund...like we’re not responsible enough to spend our own money!

The 36.5cpl is for base milk at 3.2pr and 3.8bf. If price rises it’ll go into the rainy day fund.
No prices for Nov & Dec due to Brexit uncertainty.

Shout out to a new Irish entrant in the milk production game. He’s starting with 125 organic Holsteins. Good time to start in organic as price is 54.5cpl + vat for October.

Is that new entrant in Ireland or France?

Water John

Doubt he's getting 54.5c/l in Ireland.

Mortelaro

https://twitter.com/Jimmulh/status/1181995039561601025?s=19

Gawddawggonnit

Castlekeeper wrote: »

Is that new entrant in Ireland or France?

France.

He bought a farm about 100km from me. I happened to mention to my Coop that there was a new organic producer about to start, and they promptly called to him and made him a good offer, even though he’s 80km out of the way for collection.
Huge shortage of organic milk here.

cjpm

Gawddawggonnit wrote: »

France.

He bought a farm about 100km from me. I happened to mention to my Coop that there was a new organic producer about to start, and they promptly called to him and made him a good offer, even though he’s 80km out of the way for collection.
Huge shortage of organic milk here.

Jeez Dawg, you're a good neighbour to have. Fair play to you

jaymla627

Mortelaro wrote: »

https://twitter.com/Jimmulh/status/1181995039561601025?s=19

Wouldn't have the price of a loaf of bread here at the minute either if I had that chaps lely DD going out every month

mahoney_j

jaymla627 wrote: »

Wouldn't have the price of a loaf of bread here at the minute either if I had that chaps lely DD going out every month

That’s some assumption to make jay

jaymla627

mahoney_j wrote: »

That’s some assumption to make jay

Not having a dig, ran the numbers here to go robot route/robot calf feeders/robot scraper and it was going to tag on an extra 4 cent a litre to my production costs, would need a minimum of 32 cent a litre guaranteed to even contemplate doing it, and that's a pipe dream at the minute especially when your a glanbia supplier.....
If the ifa and icsma had properly informed lads that guaranteeing the 3.2% profit margin to the newly formed g11 at the last spinout would effectively mean knocking 2 cent a litre of milk price going forward compared to other co-ops instead of cheerleading it been voted through they would of been better of then shouting the odds about it now

Mortelaro

jaymla627 wrote: »

Wouldn't have the price of a loaf of bread here at the minute either if I had that chaps lely DD going out every month

That's a bit evil

Castlekeeper

Water John wrote: »

Doubt he's getting 54.5c/l in Ireland.

60 all in flat would be about the go for winter milk here from what I've heard, they'd need it all though, expensive game with meal at about twice the price.

Castlekeeper

Gawddawggonnit wrote: »

Castlekeeper wrote: »

Is that new entrant in Ireland or France?

France.

He bought a farm about 100km from me. I happened to mention to my Coop that there was a new organic producer about to start, and they promptly called to him and made him a good offer, even though he’s 80km out of the way for collection.
Huge shortage of organic milk here.

Bon chance to him, hope it goes well.

Gawddawggonnit

Castlekeeper wrote: »

60 all in flat would be about the go for winter milk here from what I've heard, they'd need it all though, expensive game with meal at about twice the price.

For organic to work you need to grow your own feed. Organic maize is €455/t atm, if you had to buy at that price you’d be at nothing.

Gawddawggonnit

Castlekeeper wrote: »

Bon chance to him, hope it goes well.

He’ll need it...never milked a cow in his life.

Then again it’s not rocket science.

whelan2

Any idea for September milk price?

oxjkqg

whelan2 wrote: »

Any idea for September milk price?

Lakeland first outa the traps, held it