Egg price drop

Discussion in 'Pig and Poultry' started by wellingtonfarmer, Jul 22, 2018.

  1. Daniel

    Daniel Member

    Had this text from Bfrepa:

    Stonegate have reduced prices by up to 10p on mediums. Large and V Large reduced by 4p. Fully intact beak premium of 4p also removed. Overall reduction of 6p.


    Doesn't say which or all contracts it applies to.
     
  2. Bones

    Bones Member

    Location:
    n Ireland
    Maybe they were on strong money to start with,, it's still a big slap in the face,
     
  3. Tom.6420

    Tom.6420 Member

    This all means nothing without knowing what they were actually paying. There are so many schemes out there paying bonuses for all sorts of things. The poultry sector must be one of the worst for being able to compare one packer against another.
     
  4. Daniel

    Daniel Member

    You can always ask fellow producers what they're getting paid, and whether or not they are free to buy feed and pullets from where they like?

    If they're open with you you may get a nasty shock though! We did about 4 years ago....
     
  5. Bones

    Bones Member

    Location:
    n Ireland
    Any truth in the rumers that bowler have also dropped 6 pence per dozen,
     
  6. Tom.6420

    Tom.6420 Member

    Bowlers are now part of Noble foods.
     
  7. Daniel

    Daniel Member

    Yale likes this.
  8. Tom.6420

    Tom.6420 Member

     
  9. Daniel

    Daniel Member

    Why would he, any price cut doesn't come out of his pocket!

    I think the packers have led a mad dash for production, they all want to have enough free range eggs to supply retailers once they stop using cage eggs.

    At the moment the cage sheds are still producing eggs as well as the new free range production thus the oversupply.

    Throw rising feed prices into the mix and you have a perfect storm.
     
    bjreroberts and Grassman like this.
  10. wellingtonfarmer

    Location:
    Herefordshire
    Over supply is by new producers who think they can make a quick quid.
    Stonegate are definitely not paying new shed bonus as tom willings is pretty cut throat.
    Tricky times ahead
     
    Grassman likes this.
  11. Daniel

    Daniel Member

    I heard this week that Stonegate had cut the price to their feed tracker contracts as well, as feed prices rise. They did this by claiming that the price consists of a base price plus a feed tracker element, and that they were cutting the base price due to market conditions.

    I don't know if anyone can confirm this?

    If true makes a complete mockery of the whole concept.
     
  12. wellingtonfarmer

    Location:
    Herefordshire
    Yep that's true. They also wouldn't confirm if they would cut the base again or not!
     
  13. Daniel

    Daniel Member

    I'd love to see a copy of that contract. If it's clear that there is a base price element that can be cut at whim then what was the point of it?

    If it isn't clear then producers should be taking Mr Willings to court for breach of contract.
     

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