Milk Price Tracker
- Thread starter rc mx110
- Start date
- Location
- somerset
Don't tell us, you found it 'accidently' on your phone, looking for c16 fat ......
- Location
- South Molton
No one posted it yet?
Jdunn55
Member
- Location
- Helston, cornwall
Martyn
Member
- Location
- South west
- Location
- South Molton
Yes.
WMP was up so demand is there.
Can't you post some cheerful news!Just because we are on awful price no need to damp the spirit of most of the industry!
For warned is forearmed.
Full page adverts for Freshways desperately looking for suppliers, is that good news?
Bramble
Member
It is if your a Freshways supplier, keeping them very keen on prices!! Not sure their peaks are worth it for their troughs
GDT - are they indicating milk prices going to be dropping off by the winter, or is it a NZ/China (COVID lockdowns) issue causing a drop in demand for NZ product. If it’s the former a milk price of 40ppl or less is possible for the winter and not very attractive at current costs.
Wait until the ports in China open up, could rise 10% in one auction.
What % of the buyers are Chinese? Because they simply won't be bidding
What % of the buyers are Chinese? Because they simply won't be bidding
- Location
- South Molton
Maybe Freshways have changed. Historical performance doesn't mean they will perform the same in the future.It is if your a Freshways supplier, keeping them very keen on prices!! Not sure their peaks are worth it for their troughs
GDT - are they indicating milk prices going to be dropping off by the winter, or is it a NZ/China (COVID lockdowns) issue causing a drop in demand for NZ product. If it’s the former a milk price of 40ppl or less is possible for the winter and not very attractive at current costs.
If it was just dairy that was increasing in price then I think it would plateau, but given all fats/oils are going up as well I can't see it dropping anytime soon.
Bramble
Member
I doubt it, Bali is a very sharp business man, he is only doing what is best for his own business Freshways (quite rightly).
Are they likely to be in the processing business long term (10 years plus)?? They no longer own their Acton site, and it needs lots of investment (but it has done for years). Who knows????
- Location
- South Molton
If you look into the longer term contract periods the price is strengthening
- Location
- South Molton
Oh he is very shrewd indeed.
What is the future is for liquid business that was once the top of the market.
- Location
- somerset
if demand in the UK is greater than supply, the prices will stay high, as soon as that is reversed, price will very quickly drop.
the retailers don't give a toss, about COP, all they worry about is foot fall. To them, its simply buy product at the lowest possible price. And as l have said before, rising milk prices are followed by rising production, and when supply exceeds demand, down goes the price, how many times have we been through that disaster ? And again, the major retailers, have never been unable to source all the milk they require, at their price.
the retailers don't give a toss, about COP, all they worry about is foot fall. To them, its simply buy product at the lowest possible price. And as l have said before, rising milk prices are followed by rising production, and when supply exceeds demand, down goes the price, how many times have we been through that disaster ? And again, the major retailers, have never been unable to source all the milk they require, at their price.
Normally rising price means rising supply, the difference this time is the big rise in feed, fertiliser and fuel prices, so I'm not sure that normal rules apply.
- Location
- somerset
we might know that, and l agree fully, with you. The question is, do the major retailers ? l don't think they do.
Jdunn55
Member
- Location
- Helston, cornwall
Hopefully they're in for a shock
Bramble
Member
That will depend on what the retailers decide. Will they increase the price to the consumer or will they take a short term hit on liquid milk and continue to sell 4 pints for £1.20, hoping that higher prices to the farmer will stimulate production and lower the long term farmgate price.
Supermarkets are between a rock and hard place on liquid milk. Raise consumer price, stoke inflation, or risk have no milk at all. Arla have already said they will export liquid as processing it into any old commodity makes a better return for their members.
25 years of a dergulated, free market milk is now coming home to roost for both supermarkets and policy makers
I for one will not be increasing production, unless Freshways want to pay me considerably more than now. Being on the other side of a supply/demand balance for once should show ALL farmers there is another way forward instead of being on the same hamster wheel we have been on for 20 years plus
The U.K. public still want to buy liquid milk and I bet consumption wouldnt be affected much even if the price doubled. They might well notice the price increase, but it wouldn’t stop them buying it IMHO
They charge 1.15 for 4 pints
- Location
- Wormingford, Essex
I happened to go in the local co-op a week back, and just out of interest looked at the milk prices. £1.10 for 1 litre and £1.50 for a 2 litre.