Milk Price III

ArKl0w

Doesn't giving the 2 yrs notice mean people in the gap have to immediately pay back what they got in that?
Assuming some is paid before January 2018,2c on say 500,000 litres is what ten grand?
I remember reading that clause in the gap but is it in the small print for the fixed price aswell?
I presume no one who took the milk flex loan can give in notice or leave

Keepgrowing

ArKl0w wrote: »

Doesn't giving the 2 yrs notice mean people in the gap have to immediately pay back what they got in that?
Assuming some is paid before January 2018,2c on say 500,000 litres is what ten grand?
I remember reading that clause in the gap but is it in the small print for the fixed price aswell?
I presume no one who took the milk flex loan can give in notice or leave

If one was taking milk flex they had to sign an amended contract. Quiete understandable really

ArKl0w

Yeah I'd assumed that
Any idea how the milk flex is secured in the event of a company where land is leased from a director?
I'm just curious,a personal guarantee I presume?
Getting back to the 2 years notice,is there a clause in fixed price agreements that cancels them like there is in the gap?
If there is it would be sweet wouldn't it because you might end up being paid more for that milk in the 2 years prior to leaving?

Keepgrowing

ArKl0w wrote: »

Yeah I'd assumed that
Any idea how the milk flex is secured in the event of a company where land is leased from a director?
I'm just curious,a personal guarantee I presume?
Getting back to the 2 years notice,is there a clause in fixed price agreements that cancels them like there is in the gap?
If there is it would be sweet wouldn't it because you might end up being paid more for that milk in the 2 years prior to leaving?

I'm not familiar enough with the detail to post. Some of the people considering handing in their notice must surely know

Buford T. Justice XIX

Brexit barriers would ruin Northern Ireland dairy farms, MPs told

A bit more on Brexit and the NI milk supply.


https://www.theguardian.com/politics/2017/jan/11/brexit-barriers-would-ruin-northern-ireland-dairy-farms-mps-told?CMP=twt_a-environment_b-gdneco

Coolfresian

Keepgrowing wrote: »

It's a good idea to hand in notice and at least open that option. Where would you consider going?

Exactly and for that reason my notice will be going in. Luckily both strathroy and arrawbawn pass my gate. However arrawbawn will mean giving up supplying liquid, where as with strathroy i could increace.

mahoney_j

Coolfresian wrote: »

Exactly and for that reason my notice will be going in. Luckily both strathroy and arrawbawn pass my gate. However arrawbawn will mean giving up supplying liquid, where as with strathroy i could increace.

I'd double check that ,we've a big Tesco contract and an Aldi contract to fill .lots of new liquid contracts given out this year

Keepgrowing

Coolfresian wrote: »

Exactly and for that reason my notice will be going in. Luckily both strathroy and arrawbawn pass my gate. However arrawbawn will mean giving up supplying liquid, where as with strathroy i could increace.

Arrabawn might want liquid suppliers for the milk they need for Tesco contract.

Keepgrowing

mahoney_j wrote: »

I'd double check that ,we've a big Tesco contract and an Aldi contract to fill .lots of new liquid contracts given out this year

Unfortunately for all farmers in all coops that contract will be elsewhere by the time to leave arrives. Processors scalping each other only serves to supermarkets as opposed to the farmers or coops. The Musgrave contract is up for renewal, just watch how cheap they will get their milk.

This is exactly why I've changed my mind about buying liquid contract.

Keepgrowing

mahoney_j wrote: »

I'd double check that ,we've a big Tesco contract and an Aldi contract to fill .lots of new liquid contracts given out this year

MJ, have enough guys taken up contracts to fill the Tesco contract?

mahoney_j

Keepgrowing wrote: »

Unfortunately for all farmers in all coops that contract will be elsewhere by the time to leave arrives. Processors scalping each other only serves to supermarkets as opposed to the farmers or coops. The Musgrave contract is up for renewal, just watch how cheap they will get their milk.

This is exactly why I've changed my mind about buying liquid contract.

May or may not be but we're currently putting money into kilconell plant to cater for more storage and efficiencies in plant ,liquid business is cut throat ,I like the fact we were able to undercut glanbia for Tesco and from our area meetings it's a side of our business that growth is seen to be in .saying that I don't see myself committing to winter milk ,milk to Christmas week and holidays to late janurary

mahoney_j

Keepgrowing wrote: »

MJ, have enough guys taken up contracts to fill the Tesco contract?

From lads offered new contracts and lads milking through with no contract ,yes .there is also an arrangement with another coop to take in milk to make up any shortfall if it arises.also from talking to lads in groups etc there appears to be a renewed appetite for winter milk ,can't fathom why because as you've outlined its volatile ,Tesco contract is yearly

Mooooo

Keepgrowing wrote: »

Unfortunately for all farmers in all coops that contract will be elsewhere by the time to leave arrives. Processors scalping each other only serves to supermarkets as opposed to the farmers or coops. The Musgrave contract is up for renewal, just watch how cheap they will get their milk.

This is exactly why I've changed my mind about buying liquid contract.

Similar is happening with the likes of Danone, glanbia and tipperary sending milk down to macroom as well previously was just dairygold

Keepgrowing

mahoney_j wrote: »

From lads offered new contracts and lads milking through with no contract ,yes .there is also an arrangement with another coop to take in milk to make up any shortfall if it arises.also from talking to lads in groups etc there appears to be a renewed appetite for winter milk ,can't fathom why because as you've outlined its volatile ,Tesco contract is yearly

Which really begs the question of whom this price cutting is serving.
Farmers supplying with no contract
Milk from other coop, which one? It can't be Arrivo as they've a significant contract to fill.

I'd be very slow to invest in a business that is based on a 1 year contract and guaranteed to be whisked away next year and probably win back the following year.

This carryon certainly isn't serving the farmer, that's for certain.

One last question, is all the milk NDC marked?

stretch film

mahoney_j wrote: »

From lads offered new contracts and lads milking through with no contract ,yes .there is also an arrangement with another coop to take in milk to make up any shortfall if it arises.also from talking to lads in groups etc there appears to be a renewed appetite for winter milk ,can't fathom why because as you've outlined its volatile ,Tesco contract is yearly

.

Buford T. Justice XIX

European farmers are back looking for a return of some type of quotas.

http://m.independent.ie/business/farming/dairy/european-farmers-to-protest-over-milk-powder-in-intervention-being-thrown-on-market-35370588.html?utm_content=buffer3ed34&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

pedigree 6

Buford T. Justice V wrote: »

European farmers are back looking for a return of some type of quotas.

http://m.independent.ie/business/farming/dairy/european-farmers-to-protest-over-milk-powder-in-intervention-being-thrown-on-market-35370588.html?utm_content=buffer3ed34&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Irexit.

Mooooo

Dairygold up to 30c for december

Keepgrowing

IFA: December milk price update: Arrabawn increases 1c/l to 29.08c/l + VAT (30.6c/l incl VAT)

whelan2

No sign of the Glanbia milk statements on line yet, what is the problem they used to always be up on line on 16th

Buford T. Justice XIX

Kerry hold price at 29c and Dairygold go to 30.5c, up 1.5c.

http://m.independent.ie/business/farming/dairy/dairygold-and-kerry-set-december-milk-price-35371835.html?utm_content=bufferfbfef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Mooooo

Buford T. Justice V wrote: »

Kerry hold price at 29c and Dairygold go to 30.5c, up 1.5c.

http://m.independent.ie/business/farming/dairy/dairygold-and-kerry-set-december-milk-price-35371835.html?utm_content=bufferfbfef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Dairygold Base is 30. The 0.5c is the standard quality bonus. They only started announcing that with the price in the last year to try and make it look better than it is. Was always there

yewtree

Mooooo wrote: »

Dairygold Base is 30. The 0.5c is the standard quality bonus. They only started announcing that with the price in the last year to try and make it look better than it is. Was always there

what milk quality standard to you have to reach to qualify for the bonus?
there are no bonuses for milk quality (TBC&cellcount) in Aurivo just penalties above certain levels

Wildsurfer

Mooooo wrote: »

Dairygold Base is 30. The 0.5c is the standard quality bonus. They only started announcing that with the price in the last year to try and make it look better than it is. Was always there

Revolving fund kicks back in now too that base has hit 30cent

Injuryprone

yewtree wrote: »

what milk quality standard to you have to reach to qualify for the bonus?
there are no bonuses for milk quality (TBC&cellcount) in Aurivo just penalties above certain levels

0.1 is for having the bord bia qa passed.
The other 0.4 is based on a points system that takes in TBC, scc, thermoduric, sediment & lactose.
https://www.google.ie/url?sa=t&source=web&rct=j&url=http://www.dairygold.ie/files/MC_1117_Keat_Milk_Purch_2011_A4_v13.pdf&ved=0ahUKEwion8vr18fRAhXGD8AKHQxbApgQFggbMAE&usg=AFQjCNGOZZ5lre1Tt8cb_mpR7W2j8QwCcg&sig2=TiVs68t3NsQBPrnjtpvd5A

Mooooo

yewtree wrote: »

what milk quality standard to you have to reach to qualify for the bonus?
there are no bonuses for milk quality (TBC&cellcount) in Aurivo just penalties above certain levels

On a 50 point scale. 20 points for scc under 200. The rest is then added for tbc, thd, sediment, etc. If you make between 45 and 50 for the month you get the 0.5c. It reduces then as points are lost

whelan2

39.79 cpl for december milk, cows milked better than expected so supplied a bit more manufacturing than I wanted to, bringing price down a bit

visatorro

whelan2 wrote: »

39.79 cpl for december milk, cows milked better than expected so supplied a bit more manufacturing than I wanted to, bringing price down a bit

I presume your statement is online? This was the same before Christmas. I have neither statement nor money in account for some reason.

Mooooo

whelan2 wrote: »

39.79 cpl for december milk, cows milked better than expected so supplied a bit more manufacturing than I wanted to, bringing price down a bit

What's your bonus/liquid prices per litre whelan?

whelan2

visatorro wrote: »

I presume your statement is online? This was the same before Christmas. I have neither statement nor money in account for some reason.

No statement online yet. Jut the December price showing on glanbia connect

kevthegaff

Price is looking positive starting 17. Long may it continue

Mooooo

kevthegaff wrote: »

Price is looking positive starting 17. Long may it continue

Hopefully, reckon our crowd are a month behind with the increases tho

boggerman1

Gdt up 0.6%.however wmp was down again a bit.

whelan2

Mooooo wrote: »

What's your bonus/liquid prices per litre whelan?

liquid milk fixed 37.68
liquid milk not fixed 37.43
manufacturing fixed 28.19
manufacturing fixed 30.63
manufacturing fixed 29.63
manufacturing not fixed 30.43
then premier bonus and add on vat..............

Mooooo

whelan2 wrote: »

liquid milk fixed 37.68
liquid milk not fixed 37.43
manufacturing fixed 28.19
manufacturing fixed 30.63
manufacturing fixed 29.63
manufacturing not fixed 30.43
then premier bonus and add on vat..............

My head hurts.....

ArKl0w

Glanbia statements are up

Timmaay

ArKl0w wrote: »

Glanbia statements are up

Mine was up this morning!

freedominacup

Timmaay wrote: »

Mine was up this morning!

TMI Tim, TMI.

stanflt

whelan2 wrote: »

liquid milk fixed 37.68
liquid milk not fixed 37.43
manufacturing fixed 28.19
manufacturing fixed 30.63
manufacturing fixed 29.63
manufacturing not fixed 30.43
then premier bonus and add on vat..............

Liquid fixed 40.3 plus vat
Liquid 40.08 plus vat


Standard manuf 36.9 plus vat which includes winter bonus


Overall price 39.5 plus vat

kowtow

stanflt wrote: »

Liquid fixed 40.3 plus vat
Liquid 40.08 plus vat


Standard manuf 36.9 plus vat which includes winter bonus


Overall price 39.5 plus vat

Jeez these prices are beginning to creep upwards.

I'm gonna have to start charging myself more for my milk.

atlantic mist

36c for December milk, balies bonus used up on November milk, none paid on December supplies

we finish up the year wit a avg price of 30c, 1c of this is for winter supply, and another 1c was from grandfathers(coop) cookie jar, very little fixed

stanflt

atlantic mist wrote: »

36c for December milk, balies bonus used up on November milk, none paid on December supplies

we finish up the year wit a avg price of 30c, 1c of this is for winter supply, and another 1c was from grandfathers(coop) cookie jar, very little fixed

Forgot to say bf 4.47 and 3.67 protein for December

mahoney_j

stanflt wrote: »

Forgot to say bf 4.47 and 3.67 protein for December

Savage sokids 40.78 cent here 5.11 fat 4.12 p.no fixed ,no winter .price for year 28.56 cent per litre

leg wax

41.58 for dec milk 5.17bf 4.32 pr pity i had so little:( nothing in anything.

GrasstoMilk

atlantic mist wrote: »

36c for December milk, balies bonus used up on November milk, none paid on December supplies

we finish up the year wit a avg price of 30c, 1c of this is for winter supply, and another 1c was from grandfathers(coop) cookie jar, very little fixed

What's the storey on the baileys bonus been used up already? Ours is too according to milk manager

freedominacup

mahoney_j wrote: »

Savage sokids 40.78 cent here 5.11 fat 4.12 p.no fixed ,no winter .price for year 28.56 cent per litre

27.75 here for the year. Milk sales value dropped by €400 approx for the year. Very small amount fixed. Looking at icbf and co-op statements to year end we delivered 500kg ms/cow (502kg seems to be exact figure). 75% of the herd 1st/2nd calvers. Hopefully will be up another 15% on numbers this year. If we could squeeze another 20kg ms we'd be doubling '14/'15 output. Probably happened by accident but also managed to cut costs overall last year so serious reduction in cost per litre. I'll have a fuller breakdown by the weekend.

leg wax

how are you guys working out the average price for the year cant see it anywhere.

whelan2

leg wax wrote: »

how are you guys working out the average price for the year cant see it anywhere.

I am using the icbf dairy herd performance report which gives up until the end of september, will then use oct/nov /dec net milk price off glanbia connect. I think thats right

Mooooo

Dairygold gives the average on the website. Could just divide total milk sales by litres supplied assume it gives totals on glanbias site?

ArKl0w

How does Icbf calculate it?
Do they have access to your milk payment each month?