Milk Price III

Farmer Ed

mf240 wrote: »

Coolfresian wrote: »

Glanbia holding at 35c/l for October. Am I the only one very disappointed with this? Why can't they pay a similar price that other co ops are to their suppliers?

They had a stand in the ploughing explaining it all. They even had free cheese.

Any mouse will tell you to beware of free cheese as there could be dangers involved.

boggerman1

Not surprised glanbia haven't increased the price.given they are now on the gdt platform they will be able to spin even more now given the recent falls on that.they will probably pay out some bit of a bonus in January on the 2nd half of 17's supply.used no doubt to boost the kpmg milk audit on the comic

MollsGap

oxjkqg wrote: »

Where did u hear this?
Be a great job if they did. would that be for 2016 milk or 2015 and 2014 too.!

Is it a coincidence the 1.75/litre story only breaks today, hours before voting on the re election of some of the current co op board!
Are the consultants, that got 600K last year, advising on re-election Co op tactics now also

:rolleyes:

awaywithyou

MollsGap wrote: »

Is it a coincidence the 1.75/litre story only breaks today, hours before voting on the re election of some of the current co op board!
Are the consultants, that got 600K last year, advising on re-election Co op tactics now also

:rolleyes:

Politics at its finest..... Are the Healy-raes the consultants??

Farmer Ed

MollsGap wrote: »

oxjkqg wrote: »

Where did u hear this?
Be a great job if they did. would that be for 2016 milk or 2015 and 2014 too.!

Is it a coincidence the 1.75/litre story only breaks today, hours before voting on the re election of some of the current co op board!
Are the consultants, that got 600K last year, advising on re-election Co op tactics now also

:rolleyes:

Unfortunately there is an ever growing acceptance of agri processors using PR consultants to communicate with their suppliers. Unfortunately the PR in this situation usually only has one objective and that is to make the supplier the "poor relation" to the business.

oxjkqg

Farmer Ed wrote: »

Unfortunately there is an ever growing acceptance of agri processors using PR consultants to communicate with their suppliers. Unfortunately the PR in this situation usually only has one objective and that is to make the supplier the "poor relation" to the business.

That is a fact.
1.75 cent worth a nice few pound to me if its for the complete years milk supply.
If they do that every year twil put the cat among the pigeons!
Still not the same as getting a fully leading price all year.

alps

oxjkqg wrote: »

That is a fact.
1.75 cent worth a nice few pound to me if its for the complete years milk supply.
If they do that every year twil put the cat among the pigeons!
Still not the same as getting a fully leading price all year.

Is the concept of the 13th payment built into your contracts?

Is this payment to cover for the years 2015, 2016, 2017?

Is there an agreement now in place to solve a future disagreement re a 13th payment?

K.G.

Carbery fixed price offer.32.32 3years 20%

Mooooo

K.G. wrote: »

Carbery fixed price offer.32.32 3years 20%

Any conditions with it? Is it 29% of previous years supply

yewtree

K.G. wrote: »

Carbery fixed price offer.32.32 3years 20%

Is that 20% of future supply or based on a reference year?

alps

K.G. wrote: »

Carbery fixed price offer.32.32 3years 20%

How does that filter out through the coops KG? Does each of the coops have to offer that straight to the farmer regardless of their own cost structure?

Buford T. Justice XIX

alps wrote: »

Is the concept of the 13th payment built into your contracts?

Is this payment to cover for the years 2015, 2016, 2017?

Is there an agreement now in place to solve a future disagreement re a 13th payment?

No.

No.

And no.

K.G.

No answers to first two question but i presume 2016 supply but all coops would be the same-mind you some coops had applied different criteria to top ups and bonuses

cute geoge

oxjkqg wrote: »

That is a fact.
1.75 cent worth a nice few pound to me if its for the complete years milk supply.
If they do that every year twil put the cat among the pigeons!
Still not the same as getting a fully leading price all year.

It is a good offer by the new management but falls well short of leading milk price.I think the farmers were looking for over 4 cents in total to make up '15,'16 and '17 .It will be intresting to see if it will be accepted .The co op board seem to be in favour of this settlement but where does it lead us on a leading milk price going forward.There is already up to 200k spent on solicitors on the arbitration with the plc sure this was poor waste of money so!!!

fepper

cute geoge wrote: »

It is a good offer by the new management but falls well short of leading milk price.I think the farmers were looking for over 4 cents in total to make up '15,'16 and '17 .It will be intresting to see if it will be accepted .The co op board seem to be in favour of this settlement but where does it lead us on a leading milk price going forward.There is already up to 200k spent on solicitors on the arbitration with the plc sure this was poor waste of money so!!!

The Kerry coop board wont officially endorse or reject this offer on your behalf,unofficially the coop board/dairy farmers that are using the coop financial resources on the arbitration on behalf of all the milk suppliers were stone walled by the plc as they are many variations that lead to leading milk price figures being proved so you could be arguing till the cows come home,and the unofficial coop board committee know this as well so take this goodwill gesture by the plc as a welcome bonus

whelan2

Glanbia milk statement up now. Liquid bonus is a great job

George Sunsnow

whelan2 wrote: »

Glanbia milk statement up now. Liquid bonus is a great job

Yep ! Net milk price almost 46c here liquid contract nothing fixed Thank you solids and thank you winter bonus

alps

September milk prices.....these are worked from a slightly higher base than our 3.6/3.3, so the Irish prices will seem a little higher than we are used to seeing. Prices ex vat..

Water John

Well the big 3 are there Alps. DG is even 1.5c better than Glanbia!!!
People can extrapulate roughly where the other Irish processors are from this, thanks.

K.G.

alps wrote: »

September milk prices.....these are worked from a slightly higher base than our 3.6/3.3, so the Irish prices will seem a little higher than we are used to seeing. Prices ex vat..

The most noticeable thing is how prices have levelked out now compared to 20 years ago when nz prices would have been nearly half of europeann

Water John

Aurivo lowering milk price by .5c. Is this Aaron Forde sending an Ornua signal to all farmers?

http://www.agriland.ie/farming-news/aurivo-moves-to-lower-october-milk-price/

Dakota Dan

Water John wrote: »

Aurivo lowering milk price by .5c. Is this Aaron Forde sending an Ornua signal to all farmers?

Is this the start of a downward trend?

whelan2

Dakota Dan wrote: »

Is this the start of a downward trend?

Still 1.5cpl ahead of glanbia

yewtree

whelan2 wrote: »

Still 1.5cpl ahead of glanbia

1 cent of that is a bonus on oct supllies, its a base of 35.5 we could be alot closer next month

Water John

A price stabilisation would be the best possible outcome, for a while.

mahoney_j

Water John wrote: »

A price stabilisation would be the best possible outcome, for a while.

As good as told no change till April here,in fairness not hard as supply dropping off now anyway ,April long way off lots can happen ,cheap grain and America pumping strong big worries

Mooooo

Dairygold held

alps

If you've any interest in the business of milk outside of the farm gate, from processing to marketing , opportunities and pitfalls, give yourself a huge treat and make it to Punchestown tomorrow to hear Craig Bell, a New Zealander with phenomenal global experience and achievements, and how to hold value for the primary producer.....set up the dairy farm in Brazil that was featured recently in the farmers journal...frowing 40 tonnes DM/ha, processing and marketing direct with no middleman....

This guy is an absolute peach...will be on early in the day...

yewtree

Milk statements came today. Top price in the coop was 57 c/litre, over 20 cent above base price. No idea who farmer is,just struck me as an amazing price

Bo dearg

yewtree wrote: »

Milk statements came today. Top price in the coop was 57 c/litre, over 20 cent above base price. No idea who farmer is,just struck me as an amazing price

Now that really is white gold. Protein shake straight from the tank