Milkcow365
Member
- Location
- Sw Scotland
Back to 1 fendt on order dealer be hating me
Milk Price Tracker
- Thread starter rc mx110
- Start date
Not surprised with all the talk of second waves and lockdowns. No market likes uncertainty
Or maybe its a nz auction and 2 weeks ago they where all dry and now they are all 50% calved?
The issue is a negative result affects us, a positive result gets us told its a nz auction and had no bearing on our prices.
AInt that the truth.
lazy farmer
Member
- Location
- som/dor border
Couldn’t afford it anyway.
lazy farmer
Member
- Location
- som/dor border
Shoot me down but Europe is on holiday regardless of lockdown so I think historically August isn’t a great month for the auction.
however I do agree demand must soon become an issue.
however I do agree demand must soon become an issue.
dinderleat
Member
- Location
- Wells
Let’s hope their not all in Spain.
Cows 'n grass
Member
- Location
- Modbury, South Devon
Did you see this one shared last week?
Big cheese: cheese category report 2020
Lockdown has seen cheese become massive in grocery, racking up more than £830m of sales in just 12 weeks. Who's cashing in?
www.thegrocer.co.uk
Supermarket cheddar sales up 30% over lockdown.
- Location
- M6 Hard shoulder
@Beef farmer be ordering a new fendt thenDid you see this one shared last week?
Big cheese: cheese category report 2020
Lockdown has seen cheese become massive in grocery, racking up more than £830m of sales in just 12 weeks. Who's cashing in?
Supermarket cheddar sales up 30% over lockdown.
Last edited:
lazy farmer
Member
- Location
- som/dor border
I did . That’s furlough history. There could be 4 million unemployed in short order. I remember the last time unemployment was that high. The only difference this time is low inflation and interest rates. Which should help but we are not going to see a V shaped recovery especially as we exit our biggest market in 150 daysDid you see this one shared last week?
Big cheese: cheese category report 2020
Lockdown has seen cheese become massive in grocery, racking up more than £830m of sales in just 12 weeks. Who's cashing in?
Supermarket cheddar sales up 30% over lockdown.
Are we going to see negative interest rates?
No. And it won't make any odds to borrowers if we do
lazy farmer
Member
- Location
- som/dor border
Hope not, they are without merit and stifle bank lending.
My prediction is a base rate here in the UK of -3% in 5 years time... will be interesting to see I'm right! If I am, I'll have this post as evidence of my expert economic foresight 
More to life
Member
- Location
- Somerset
Banks will still lend they will just increase there margin ,keeping savers to supply the money in the first place now that’s a different matter.
lazy farmer
Member
- Location
- som/dor border
Even japan which hasn’t grown properly since the 1990s has gone down to those levels. We will all have gone to hell in a hand cart if that is required. You can keep this post too !My prediction is a base rate here in the UK of -3% in 5 years time... will be interesting to see I'm right! If I am, I'll have this post as evidence of my expert economic foresight
Whats the advantage of negative base rate?My prediction is a base rate here in the UK of -3% in 5 years time... will be interesting to see I'm right! If I am, I'll have this post as evidence of my expert economic foresight
lazy farmer
Member
- Location
- som/dor border
Exactly. Since 2007 crash they have had to keep more equity on board which has lead to lower lending and slower economic growth. This would only worsen with negative rates. The criteria for getting a loan will harden and risk will fall. No good will come of it. Europe has tried it and failed. Japan are the kings of it and now have massive government debt as they had to try and stimulate the economies when the banks basically gave up lending due to negative rates. Plus when negative rates are applied banks look elsewhere for revenue so O/D margins will rise Arrangement fees would rise etc etc
Short answer would be to get the economy going, long answer would be...
lazy farmer
Member
- Location
- som/dor border
I
In theory they are used when there is negative inflation as a way of getting banks to lend when their money is growing sat in the bank and is safer too