Milk Price III

wats the craic

atlantic mist wrote: »

glanbia scheme is closed only got quantities in post last week
scheme seemed oversubscribed, got under half what i looked for,
why did 25% of fixed volumes go to suppliers not buying their inputs, bit confusing??

board members and their cronies prehaps

whelan2

jaymla627 wrote: »

Anyone with fixed milk price schemes that they can still apply for this year should be putting in for whatever amount is available, chinese stock markets have gone into freefall and trading had to be suspended this morning, the powder milk markets wont be long tanking on the back of it

I'll take my chances, it normally evens out

degetme

jaymla627 wrote: »

Anyone with fixed milk price schemes that they can still apply for this year should be putting in for whatever amount is available, chinese stock markets have gone into freefall and trading had to be suspended this morning, the powder milk markets wont be long tanking on the back of it

Looks like I'm the fool so refusing 32.6cl in Kerry's last scheme

mahoney_j

degetme wrote: »

Looks like I'm the fool so refusing 32.6cl in Kerry's last scheme

Same here rejected 32 cent in Arrabawn ,just for this year .still think it was a wise move

straight

jaymla627 wrote: »

Anyone with fixed milk price schemes that they can still apply for this year should be putting in for whatever amount is available, chinese stock markets have gone into freefall and trading had to be suspended this morning, the powder milk markets wont be long tanking on the back of it

That's just profit taking. No need to panic

kevthegaff

I have enough paperwork:-)

alps

Today's GDT well down at -4.7%. Main factors WMP -6.2%, SMP -4.2%, tho butter +0.2%, Ched +6%, Lactose +2.5% and R Casein +6%.

kevthegaff

What's happening in China may soften the recovery

Buford T. Justice XIX

Glanbia up to 31c with a new seasonal bonus of 4c/ for early calving.
https://amp.independent.ie/business/farming/dairy/milk-prices/glanbia-boosts-milk-price-and-announces-bonuses-38943181.html?__twitter_impression=true

Zetor19

The ira got hold of Talbot already. I want a rise every month now let the kneecapping start.

whelan2

It was 31cpl last month too, it just included 1cpl of makey up money. ..

Buford T. Justice XIX

whelan2 wrote: »

It was 31cpl last month too, it just included 1cpl of makey up money. ..

The giving your shares back to you as cash has stopped anyway, I suppose.

Mortelaro

Buford T. Justice VI wrote: »

Glanbia up to 31c with a new seasonal bonus of 4c/ for early calving.
https://amp.independent.ie/business/farming/dairy/milk-prices/glanbia-boosts-milk-price-and-announces-bonuses-38943181.html?__twitter_impression=true

That early calving bonus for spring producers was always there,its not new.

Buford T. Justice XIX

Mortelaro wrote: »

That early calving bonus for spring producers was always there,its not new.

Spot on, I misread the opening paragraph. Sorry about that.

Is that available to all producers or is there restrictions on it?

whelan2

Mortelaro wrote: »

That early calving bonus for spring producers was always there,its not new.

On glanbia connect it says glanbia are to pay a price of 35.42cpl. The price is 31cpl

jaymla627

whelan2 wrote: »

On glanbia connect it says glanbia are to pay a price of 35.42cpl. The price is 31cpl

To qualify afaik, you have to above 3% of total years production for each month, and have a peak of below 15% for June, very few suppliers will get the 4 cent jan bonus

whelan2

jaymla627 wrote: »

To qualify afaik, you have to above 3% of total years production for each month, and have a peak of below 15% for June, very few suppliers will get the 4 cent jan bonus

So why include it as the base price????

Mortelaro

Buford T. Justice VI wrote: »

Spot on, I misread the opening paragraph. Sorry about that.

Is that available to all producers or is there restrictions on it?

As above,theres a restriction, but last few years that restriction re percentage of supply in winter and summer was waived

The early calving and late lactation bonus is not available to former liquid suppliers who are participants in the liquid contract retirement scheme
It's also obviously not available to liquid or winter contract holders

Timmaay

jaymla627 wrote: »

To qualify afaik, you have to above 3% of total years production for each month, and have a peak of below 15% for June, very few suppliers will get the 4 cent jan bonus

Ah wtf, not a hope so. Actually are you sure that's not just the feb lactation bonus? There isn't a hope any spring calving Herd will do 3% in Jan anyways.

Mortelaro

Timmaay wrote: »

Ah wtf, not a hope so. Actually are you sure that's not just the feb lactation bonus? There isn't a hope any spring calving Herd will do 3% in Jan anyways.

You don't have to supply 3% in January and February
That seasonality rule has been suspended for a few years
They are short of December and January milk
But if you retired your liquid contract last year,you won't get it until next year anyway
You'll just get the transition payment in this month's and next months cheque and again in the December and January cheque
In the February 21 cheque you'll get the January 21 4cpl and in march 21,you'll get the payment for February 21

atlantic mist

new milk purchasing policy arrived

no collections if milk under 400 liters, the discrete way of getting rid of small holdings, unless you pay 50 euro

50 euro cost if you want milk payment made by cheque:eek:

refusing to collect milk if you fail chlorine test will be interesting, considering the mains water is loaded with the stuff

SCC threshold lowered again, dizzy reading all the penalties

tanko

atlantic mist wrote: »

new milk purchasing policy arrived

no collections if milk under 400 liters, the discrete way of getting rid of small holdings, unless you pay 50 euro

50 euro cost if you want milk payment made by cheque:eek:

refusing to collect milk if you fail chlorine test will be interesting, considering the mains water is loaded with the stuff

SCC threshold lowered again, dizzy reading all the penalties

Glanbia??

atlantic mist

ya

Mortelaro

tanko wrote: »

Glanbia??

Not them anyway
They stopped issuing cheques completely a few years ago

jaymla627

atlantic mist wrote: »

new milk purchasing policy arrived

no collections if milk under 400 liters, the discrete way of getting rid of small holdings, unless you pay 50 euro

50 euro cost if you want milk payment made by cheque:eek:

refusing to collect milk if you fail chlorine test will be interesting, considering the mains water is loaded with the stuff

SCC threshold lowered again, dizzy reading all the penalties

The chlorine test failure would be a great way to get out of their msa, if you had another co-op our the likes of strathroy to jump over to, their tune would probably change then depending how much milk you where sending in

Buford T. Justice XIX

Kerry unchanged at 31.5c.

moneyheer

jaymla627 wrote: »

The chlorine test failure would be a great way to get out of their msa, if you had another co-op our the likes of strathroy to jump over to, their tune would probably change then depending how much milk you where sending in

A few year's ago one sustainability manager started to get smart arsed with me threatening that they wouldn't take the milk here if certain things weren't done by a certain date. So I said to him that's grand I take it that means the msa is cancelled. He wasn't long in changing his attitude😊

mf240

moneyheer wrote: »

A few year's ago one sustainability manager started to get smart arsed with me threatening that they wouldn't take the milk here if certain things weren't done by a certain date. So I said to him that's grand I take it that means the msa is cancelled. He wasn't long in changing his attitude😊

Are the first msa not out now. Thought it was 5 years from 2015.

Timmaay

mf240 wrote: »

Are the first msa not out now. Thought it was 5 years from 2015.

The msa is a rolling 2yr contract, ie you need to give 2yrs notice. The very 1st one was 5yrs. I thought it was in 2014 though. It was around the time of the Wexford merger, the whole Strathroy thing put the frighteners on Glanbia.

visatorro

jaymla627 wrote:

The chlorine test failure would be a great way to get out of their msa, if you had another co-op our the likes of strathroy to jump over to, their tune would probably change then depending how much milk you where sending in

Dunno about threatening to jump ship, around here 1000 cow is the new craze. Doubt they worry about normal sized herds anymore!