Milk Price III

Mooooo

Forgot to add, fcuk em!

farmertipp

Mooooo wrote: »

Forgot to add, fcuk em!

maybe time has come to take action against dairygold.tipp are 29 despite all their issues

Buford T. Justice XIX

GDT up 1%, led by skim up 6% despite butter and WMP both dropping.

farisfat

Aurivo 30cpl

RightTurnClyde

If below is true, ****e is really going to hit the fan.

https://twitter.com/MilkpricesCom/status/1262809842256838661?s=19

"UK Gov today has announced new import tariffs from Jan'21, big levies being imposed on dairy imports this time! All subject to a final FTA but at least it shows some backbone to fight for decent deal for dairy, rather than leaving the drawbridge down allowing product to flood in!"

Buford T. Justice XIX

A bit badly needed good news on dairy markets.
https://twitter.com/DINtoday/status/1265998824377667585?s=19

K.G.

RightTurnClyde wrote: »

If below is true, ****e is really going to hit the fan.

https://twitter.com/MilkpricesCom/status/1262809842256838661?s=19

"UK Gov today has announced new import tariffs from Jan'21, big levies being imposed on dairy imports this time! All subject to a final FTA but at least it shows some backbone to fight for decent deal for dairy, rather than leaving the drawbridge down allowing product to flood in!"

Any chance dairygold would take a few new supplier s

Mooooo

Lol, bring yer management with ye and we'll see

whelan2

0.2 cpl biodiversity payment from glanbia in bank accounts this morning. Will pay for the groceries.

mf240

whelan2 wrote: »

0.2 cpl biodiversity payment from glanbia in bank accounts this morning. Will pay for the groceries.

Your meant to buy flowers and shrubs with it:D:D

alps

mf240 wrote: »

Your meant to buy flowers and shrubs with it:D:D

This is a really worthwhile venture by glanbia.

If you deduct €24.76/hr that you spend shopping for and planting these environmental marvels, and also allow 44.79c/km for your driving costs plus an allowance for your farm equipment, if used.......how much would you have left over to dedicate to the cost of plants?

glanbia could also improve the scheme by sending the plans and staff to do the job instead of bonus..

alps

We are so far behind now....

Just look at the gap with FrieslandCampina..and bear in mind that these guys get a 13th payment equating to 45% of coops profits..

Now look down at Fonterra....that's NZ folks..look how far back they used to be..

alps

What's the excuse going to be this month?

Mooooo

Looks like the only people that can't use this great grass based advantage and image we are supposed to have is the people selling our product

mahoney_j

Mooooo wrote: »

Looks like the only people that can't use this great grass based advantage and image we are supposed to have is the people selling our product

In reality looking at that there’s no advantage .....we’re penalised

Mortelaro

alps wrote: »

What's the excuse going to be this month?

Its abuse really, the way farmers are treated
No other word for it and its policed by fellow 'farmer' board members

atlantic mist

https://ec.europa.eu/info/food-farming-fisheries/farming/facts-and-figures/markets/overviews/market-observatories/milk_en

if you look at historical prices per member states you will see our coops/processors are selling our product a lot cheaper than our main competitors, smp, smp, cheese

obviously the best industry to be a manager/director, no downside they can sell up to 200 a ton cheaper and pass difference back to supplier and still make their targeted margin

farmertipp

what do people propose to do about it?
this has only always been a talking shop between a few trying to out do each other with paragraghs of logic

atlantic mist

farmertipp wrote: »

what do people propose to do about it?
this has only always been a talking shop between a few trying to out do each other with paragraghs of logic

for a talking shop its being monitored by our coop/processors, journalistis seem to also use this talking shop for weekly articles, siobhan has previously asked us to curtail social media, however if we get issues out in the open we can work to find solutions, currently no method to make processors/managers/directors accountable in any way shape or form

data base of all country sales on a weekly basis would be great to keep us on the ground up to date with price/volume movements so we can plan our business, cant affect competition in anyway as were already selling cheaper than anyone else, the data is now available from eu but there is a time lag

alps

farmertipp wrote: »

what do people propose to do about it?
this has only always been a talking shop between a few trying to out do each other with paragraghs of logic

Move

Gman1987

atlantic mist wrote: »

data base of all country sales on a weekly basis would be great to keep us on the ground up to date with price/volume movements so we can plan our business, cant affect competition in anyway as were already selling cheaper than anyone else, the data is now available from eu but there is a time lag

You would want a database of when each of the coops are competing against one another for the same business also!!!

Buford T. Justice XIX

Missed this yesterday, index stable, small WMP rise compensates for small drops in cheese, skim and butter.

Mortelaro

From the latest IFA dairy Newsletter :


Co-op board members must reflect on the significant dairy product price improvements, which must allow them to increase the May milk price to support farmers’ stressed cash flow, especially as drought is starting to bite in Ireland, too. 

 

Tom Phelan said: “2020 is a difficult year for farmers.  Co-ops must review their expectations for profit, and focus on digging deeper into their own cost structures to support their suppliers. The recent improvements in market returns will help them to take a more positive stance and lift milk prices for May milk”.

 

The latest evidence of this was the increase in the Ornua PPI announced late last week.  The 1.3 point increase to 101.1 points for May trade is equivalent to a milk price of 29.9c/l including VAT—up 0.5c/l on the April level.  This increase reflects higher powder returns, and stable cheese and butter prices. 

 
In the last 6 weeks, we have seen EU spot prices increase by €532/t for butter, and €230/t for SMP.  Spots are indicative of market trends, and therefore predict further improvements in average prices. 

 

Link

whelan2

Anyone know what the story is in the UK now , are they still dumping milk?

Buford T. Justice XIX

whelan2 wrote: »

Anyone know what the story is in the UK now , are they still dumping milk?

I don't think so. Last I saw early last week, the spot prices had risen back to normal.

kevthegaff

Was going through old stuff last night and found 2016s march milk cheque, base price 25c

jaymla627

whelan2 wrote: »

Anyone know what the story is in the UK now , are they still dumping milk?

Milk is scarce their now,spot price gone over 30 pence....couple of milk buyers put their suppliers on spot price entirely when spot was under 10 pence thinking they would have cheap milk going forward wonder will they leave them on spot price now the scumbags

Gawddawggonnit

kevthegaff wrote: »

Was going through old stuff last night and found 2016s march milk cheque, base price 25c

It’s a bit late to cash the chèque now!

Maybe they’ll issue another one?

atlantic mist

https://www.agriland.ie/farming-news/storm-brewing-in-ornua-amid-mooted-changes-to-ppi/

processing costs of processors gone up, seems no ecomomies of scale achieved from additional plants put up across country, coops/suppliers put up the majority of money for stainless steel

hope they have to back up their talk with actual figures to prove processing cost gone up and why?

mahoney_j

atlantic mist wrote: »

https://www.agriland.ie/farming-news/storm-brewing-in-ornua-amid-mooted-changes-to-ppi/

processing costs of processors gone up, seems no ecomomies of scale achieved from additional plants put up across country, coops/suppliers put up the majority of money for stainless steel

hope they have to back up their talk with actual figures to prove processing cost gone up and why?

There crying wolf and need to be brought to task on this we as farmers and suppliers are subbing this stainless steel and expansion thru revolving funds and share ups ..then the fookers penalise us again with consistently the worst price in Europe for what is regarded as top quality low carbon footprint clean green milk .