Housewife will have to make do with 1 week in benidorm instead of 2, micra instead of a merc and only 1 wide-screen TV, so we can get 50p.
Northern Ireland Milk Price Tracker
- Thread starter it's not over
- Start date
Housewife will have to make do with 1 week in benidorm instead of 2, micra instead of a merc and only 1 wide-screen TV, so we can get 50p.
The cost lies with the processor and the price you see on the app is the transacable price
Bogeyman
Member
- Location
- North Antrim
Yin Ewe..I think you are spoiling your wife 
- Location
- County Antrim
We’ve never screwed a NI processor’s arm to be able to pay more than they’re willing to, it can’t be done. If they get paid well enough for their milk on the market, they generally do try to pay us as well as possible, we can’t deny that. You’ve quoted Kite consulting, listen to their podcast last week, Chris Walkland will tell you that Freshways has announced 40p even though the market is not returning that to them to be able to afford it. Supermarket is still King ball swinger.
Also, personally, I think Andrew Wright’s app will be more useful to NI dairy farmers, comparing their components and base prices amongst NI buyers.
- Location
- Beragh, Co Tyrone, Northern Ireland
NI dairy farmers must ‘get off their knees and rebel against the way they have been treated’
There has been a positive response to a letter which appeared in last week’s Farming Life, calling for the establishment of a Northern Ireland Dairy Farm Association.
www.farminglife.com
- Location
- Beragh, Co Tyrone, Northern Ireland
Has it been launched yet?
- Location
- County Antrim
Not just yet, won’t be too far away, I’d say he’s busy making use of dry weather like the rest of us
Processors, especially if they are farmer owned will usually give the best returns back to the farmers.
But processors were also only originally set-up to process physical milk, not to be commodity traders, which is what the market conditions now demands of them. Since the abolition of milk quotas in 2015 there has been huge volatility in the dairy markets. Processors haven't been given the tools to manage this volatility. This is where Concept Dairy comes in, to help the processors manage this risk and minimise the effects of volatility and to pass these tools back to the farmers as well. Because when they don't manage their forward risk properly, and a bad deal hits the books, its the farmers who get penalised by the processors reducing the milk price.
You only have to look at what happened to the likes of Lacpatrick (or Borden & Dean Foods in the US) to see what happens when the risk isn't managed properly. They forward sell product but don't manage the risk and can't support the prices and the farmer is the one who suffers. That isn't right.
I can't comment on Freshways not returning 40p. There is no visibilty in the deals they have done in the past. But the question has to be asked why aren't they getting 40p/L? How can Chris Walkland make that evaluation?
I'm not familiar with Andrew Wright's app so can't comment on it.
From my experience, NI dairy farmers are highly exposed to International dairy markets, especially the mainland English market as the majority of exports head there. The NI buyers will be selling the products on into these markets, the question that needs to be asked is, are they undercutting each other on price? If that's the case then the farmer eventually loses out, we worked out that it costs farmers 1.5-2p per year!
This is why prce transparency is so important: if there is no reference price then there is no benchmark, there is nothing to refer to. However, if you have a transparent independent price, you have a benchmark, and you instantly know if the product is being undersold.
- Location
- County Antrim
On a more interesting note…lovely weather
I try.Yin Ewe..I think you are spoiling your wife
Ufu mpi is 47p and is published in the Farming Life (other farming press is available) is this not a benchmark?
As always the devil is in the detail, it depends on that they are using to build the prices. At Concept Dairy we are fcoused on looking forward, once it comes to the current month then you are full exposed to the market.
Ballygreenan
Member
- Location
- Tyrone NI
A benchmark which none of our processors measure up to!
thunderballs
Member
- Location
- NI
Anyone know how to stop a cow throwing silage over her back? 3rd calver here leaving the feeding area in a mess.
- Location
- Ballyclare Northern Ireland
Any chance she has lice?
thunderballs
Member
- Location
- NI
All done with eprizero but I will do her again 'to be sure, to be sure'.
Suckndiesel
Member
- Location
- Newtownards
Electric fence wire just in front of the neck rail
it's not over
Member
- Location
- thunder rd co.antrim
WD meats or the dairy ring
it's not over
Member
- Location
- thunder rd co.antrim
Another week Another dispersal sale for kilrea