- Location
- Northern Ireland
I'm too quick for you!
Northern Ireland Milk Price Tracker
- Thread starter it's not over
- Start date
I'm too quick for you!
Back Row Man
Member
- Location
- Co Antrim
It takes time for news to get to N Antrim!
- Location
- Northern Ireland
Dale Farm releases financial results, with another profit increase, and a record increase in turnover. Report appears to not be published yet.
- Location
- Northern Ireland
It has been released after all.
https://www.farminguk.com/news/Dair...ces-significant-increase-in-profit_49659.html
https://www.farminguk.com/news/Dair...ces-significant-increase-in-profit_49659.html
Wishful Thinker
Member
- Location
- Northern Ireland
Farmweek headline that farmers demand price rise as dairy giant reveals profits.
£481m turnover and £10.1m profit, to me that sounds that dale farm has been very good at passing money on to farmer. Maybe I’m naive and there are a lot of smoke and mirrors?
it's not over
Member
- Location
- thunder rd co.antrim
It's only a 2% profit. If I WAS making that I'd shut up shop
lazy farmer
Member
- Location
- som/dor border
that's nonsense their a co op they could easily make a bigger profit by reducing the milk price! but what would be the point of that!
- Location
- Northern Ireland
Yeah. Co-op financial results are a funny thing. You certainly don't want to see it make a loss, but you don't want it to make a big profit either. Somewhere just slightly positive is about right. Enough to cover capital repayments, and generally inspire confidence. Turnover is important. It's good to see the value of sales grow.
With lakeland the fore runner for a merger with lacPatrick the other coops will be flexing their muscles hard to look good in a bid to pick of the milk pool. Let's face it most of the coops all want to expand so they will be taking on anybody who wants to jump ship. Lakeland will not be the favourite for some producers going forward.
GreenerGrass
Member
- Location
- Wilts
How long until base is 30p. Can't be far away. Got to be the Aug or Sept cheque latest surely?
it's not over
Member
- Location
- thunder rd co.antrim
You could be right. Makes a bit of a joke of the fixed price contract. Most contracts 3 years,surely more than a cycle. Were paid for x litres at 26.5 and then y litres at 29. So unless you've a calculator handy it's hard to tell how much of a bonus penalty you actually got. Dairies a step ahead all the time
- Location
- M6 Hard shoulder
Just seen a hosepipe ban issued in NI
What a pi55er
What a pi55er
- Location
- Northern Ireland
The fixed deal may well turn out to be lower returning than the market. However, (and I'm not yet a fan of it), it's far too early to tell. So far we've only knocked 6 months off our 36 month contract. A lot can happen between now and the end. And to be quite fair to them, it was not offered in any way as the highest returning route either. It was designed to introduce an element of dependability, and to open a door to new customers for the coop. I think that's what it needs to be measured on.
I've no idea if another offering is coming for next year, but if it is, it might even be at a better price, if markets happen to firm between now and the end of the summer.
You would think it had been dry for the last 6 months
. Issue seems to be that they can't treat the water fast enough to keep up with the demand.
it's not over
Member
- Location
- thunder rd co.antrim
What about this bridge to Scotland. Who's paying. Crazy
surprisefarmer
Member
- Location
- North West NI
Off topic but I wanted the local perspective, who are in the frame for slats at the moment other than Moores?
macrete,creagh, fp mccann,woolsley,maxwell