Milk Price III

whelan2

What do ye think for March milk price?

mf240

Buford T. Justice VI wrote: »

Any idea what they bought?

Batman Easter eggs

blue5000

mf240 wrote: »

Batman Easter eggs

Aer lingus could do with a back load when they fly to Beijing for medical PPE alright.

atlantic mist

whelan2 wrote: »

What do ye think for March milk price?

1c drop every month to july is what we heard, running out of stores for product

Gman1987

atlantic mist wrote: »

1c drop every month to july is what we heard, running out of stores for product

That might not be a bad outcome, SMP/Butter very close to intervention now.

alps

Buford T. Justice VI wrote: »

Any idea what they bought?

No idea...dont think there's ever a huge volume traded on the GDT, just used as a measure of confidence, and particularly confidence from NZ about demand and access again to China..

Mooooo

alps wrote: »

No idea...dont think there's ever a huge volume traded on the GDT, just used as a measure of confidence, and particularly confidence from NZ about demand and access again to China..

Is it down to 30% of fonterras output is all that's traded on it? Gas how that has always been used by our coops when we don't sell a bit on it and they hardly ever mention the ornua ppi

alps

The Irish Farmers Journal understands that Irish co-ops are already preparing the specific packaging needed for placing butter and skimmed milk powder (SMP) into intervention.

Isn't that term "understands" just the saddest, laziest journalistic term you ever came across..

FFS man...let us know who told you this story, and we can make up our own mind as to its validity..

mahoney_j

alps wrote: »

The Irish Farmers Journal understands that Irish co-ops are already preparing the specific packaging needed for placing butter and skimmed milk powder (SMP) into intervention.

Isn't that term "understands" just the saddest, laziest journalistic term you ever came across..

FFS man...let us know who told you this story, and we can make up our own mind as to its validity..

Agriland ,farmers journal and farming Indo are some prophets of doom this past week they are trying to suck us all into milk price collapsing and giving coops ammo to drop price to mid 20s .time now for board members and coops to stand up
.granted we are going into challenging times

greenfield21

Ha yeah alot of scaremongering out there, agriland are worse quoting random twitter accounts for articles.

Gman1987

mahoney_j wrote: »

Agriland ,farmers journal and farming Indo are some prophets of doom this past week they are trying to suck us all into milk price collapsing and giving coops ammo to drop price to mid 20s .time now for board members and coops to stand up
.granted we are going into challenging times

Problem is it also gives Buyers ammo to bargain when the likes of this gets out, could they not just keep their mouth closed!!

Buford T. Justice XIX

Lakeland down 1.8c.

Lakeland Dairies announces cut to its March milk price

https://www.independent.ie/business/farming/dairy/milk-prices/lakeland-dairies-announces-cut-to-its-march-milk-price-39116772.html

Mooooo

Would Lakeland be more exposed to services industry than others? Aer lingus milk butter and the likes?

Mortelaro

http://ifa.newsweaver.com/8hesdt3jgf/13lstg94ul3

greenfield21

Mooooo wrote: »

Would Lakeland be more exposed to services industry than others? Aer lingus milk butter and the likes?

Don't know much about them but on their website for 2018 - Total revenue €810.5m
Breakdown
Food ingredients: €489.9m
Food services: €246.9m
Agri trading: 73.7m

Have they released results for 2019 yet? Also lacpatrick is now with them so this data is pretty pointless and they may have actually benefited from the retail sales surge with some of their products so hard to know but it does seem like quite a high percentage of revenue from the food service side, who knows hopefully other coops may be better placed.

Buford T. Justice XIX

https://twitter.com/rko2milk/status/1249658225714253825?s=19

Panch18

Buford T. Justice VI wrote: »

https://twitter.com/rko2milk/status/1249658225714253825?s=19

Think I need to move to the selling up thread quickly

greenfield21

It's doesn't surprise me to see a mod talking down milk prices before the announcements tomorrow considering every other media source does the same. Showing your true colours Buford.

mf240

greenfield21 wrote: »

It's doesn't surprise me to see a mod talking down milk prices before the announcements tomorrow considering every other media source does the same. Showing your true colours Buford.

Why do you think it's going up or something

Say my name

greenfield21 wrote: »

It's doesn't surprise me to see a mod talking down milk prices before the announcements tomorrow considering every other media source does the same. Showing your true colours Buford.

Ah jaysus!
He posted a few days ago about the GDT being up.
Poor ould Buford, the Brian Dobson of Boards..:D

mf240

Say my name wrote: »

Ah jaysus!
He posted a few days ago about the GDT being up.
Poor ould Buford, the Brian Dobson of Boards..:D

Don't shoot the messenger. Don't shoot the sheriff.

Buford T. Justice XIX

mf240 wrote: »

Don't shoot the messenger. Don't shoot the sheriff.

whelan2

Buford T. Justice VI wrote: »

Ah ffs. That'll be stuck in my head for ages now

Morris Moss

Glanbia down 2cent, no surprise to be honest, they'll take any chance to drop it like a stone.

Mooooo

So it begins. If they drop so fast there can be no talk of stuff forward sold when it's time to go back up again the fcukers

Buford T. Justice XIX

Kerry drop 2c.

Base of 30.5c

whelan2

Buford T. Justice VI wrote: »

Kerry drop 1c.

Base of 30.5c

Still one cent per litre above glanbia. How come whenever there's a drop it cant be half a cent ir 1 cent, let's go the whole hog and drop 2. Why should the dairy farmer take the hit we are operating an essential service. Glanbia executives taking no hit as per usual. Without our milk they have nothing

liosnagceann75

Buford T. Justice VI wrote: »

Kerry drop 1c.

Base of 30.5c

Kerry down 2 cent. I wish it was only 1

straight

It was obvious when one dropped they were all going to drop. That's the very nature of a CARTEL.

Buford T. Justice XIX

liosnagceann75 wrote: »

Kerry down 2 cent. I wish it was only 1

Sorry, sausage fingers and small screen, 2 cent indeed.