Post code lottery.so the cop ones are rare?
Post code lottery.so the cop ones are rare?
Ffsso the cop ones are rare?
You can't just go and ask for one! They have been distrubuted mostly on a postcode lottery for haulage and logistic purposes.
is your milk contract linked to the spot price? should you not be looking to get on a cop contract to avoid the fluctuations?
From somebody who's paid to Know/make an educated guess.Do you mean spot price or market price?
Spot price is just what processors are willing to pay or receive on a daily basis if they are short/over what they need in the very short term. Some processors will bottle milk on a Sunday because the spot price on the day more than cancels out the extra wage costs for Sunday staff.
What worries me most about this thread is how little farmers really know about how their product is priced/valued.
Processors just need to trot out a few standard phrases -world price falling, cream market oversupplied, spot market under pressure-- and farmers seem to accept without challenging.
When does C Payne in Yorkshire announce his January price?
I haven't noticed the retail price of potatoes falling by 65%. Has anyone else seen it?On another thread spud growers are reporting prices dropping 65% for potatoes in the last 12 months alone due to supply and demand yet you don't hear them talking about demos etc because of low prices!
I haven't noticed the retail price of potatoes falling by 65%. Has anyone else seen it?
They haven't but what the farmers are getting has!
Dropped something like from £240t a year ago to £100t today apparently.
Like milk, when the price crashed 18 months ago the price of milk in the supermarkets didn't drop a penny.
If it’s like here the supermarket milk is on long term contracts so the supermarket prices won’t change much.
It’s on contracts here. Doesn’t mean it’s a good price.Only a small % of most supermarket milk is bought on COP contracts!
Just enough so that they can legally advertise that they are paying dairy farmers a fair price.
Only a small % of most supermarket milk is bought on COP contracts!
Just enough so that they can legally advertise that they are paying dairy farmers a fair price.
Yes but the rest of the milk is bought on long term contracts between the supermarkets and processors.
But the milk for these contracts was mostly bought at low prices due to the farmgate price collapse?
Or are you saying that all the milk that was used for supermarket milk didn't suffer farmgate price cuts 18 months ago?