Milk price 2021

[lazy farmer]

Onura
Are predicting market weakness from December 2020 as mass unemployment and weak oil prices and low usuage feee through. They are predicting an over supply of between 5and 10% through 2020.
what milk price shouldwe be budgeting on ?

 

[Beef farmer]

26ppl for standard liters

 

[jimmer]

Jan to March 28
April to July 25
Aug to sept 26
Nov to Jan 28

 

[Rossymons]

Sub 25ppl?

5 - 10% oversupply is going to take some munching through anyway without any sort of market intervention which usually arrives on the back of an imbalance.

 

[Beef farmer]

Jeez muller are 26 now aren't they

 

[Rossymons]

My worst guess was based on a white water standard liter where the opportunity to maximise every litre is very limited.

If you can make milk that your tanker driver has to scoop it out rather than suck it out then i'll apologise for not being clever enough to have a guess but the opportunity to make the price your own is much greater.

 

[pappuller]

Onura
Are predicting market weakness from December 2020 as mass unemployment and weak oil prices and low usuage feee through. They are predicting an over supply of between 5and 10% through 2020.
what milk price shouldwe be budgeting on ?

predictions aren't always correct if I recall rabbobank or some such entity usually come out with usual annual drivel of rising prices in Q3 blah blah blah etc etc etc.. stick yer finger in the air and deduct a couple of pence for good measure or better still budget on this years milk price

 

[Keep On]

No idea and not a lot you can do about it so no point worrying what it might or might not be!

 

[lazy farmer]

predictions aren't always correct if I recall rabbobank or some such entity usually come out with usual annual drivel of rising prices in Q3 blah blah blah etc etc etc.. stick yer finger in the air and deduct a couple of pence for good measure or better still budget on this years milk price

Well they were right prices have risen in the third quarter
Personally don’t follow the michael Gove theory on experts.

 

[pappuller]

Well they were right prices have risen in the third quarter
Personally don’t follow the michael Gove theory on experts.

personally all budgets are run at 25p and stretch tested to 22.5p which never makes comfortable reading but iam a www so see the mid 20s on a regular basis.

 

[Cows 'n grass]

I'm with @pappuller on this, I always do budgets based on last/current years price -2 and I bet that's a lot more accurate than many of the expert forecasts.

Fonterra's forecast price always seems to be way out form the final payout.

 

[More to life]

Dare I mention the B word,until our trade position and tariff rates are confirmed nobody has a Scooby Doo.

 

[Beef farmer]

Dare I mention the B word,until our trade position and tariff rates are confirmed nobody has a Scooby Doo.

Birthday?

 

[More to life]

Birthday?

Some will certainly see it as one.

 

[Blue.]

predictions aren't always correct if I recall rabbobank or some such entity usually come out with usual annual drivel of rising prices in Q3 blah blah blah etc etc etc.. stick yer finger in the air and deduct a couple of pence for good measure or better still budget on this years milk price

It's a lottery same as all farming.

I never do predictions or profiles,I just spend if it's in the bank.

 

[jackrussell101]

Aligned 31-34ppl

Non-aligned take your pick, anywhere from 11-28ppl

 

[pappuller]

Dare I mention the B word,until our trade position and tariff rates are confirmed nobody has a Scooby Doo.

BJ day ?

 

[buffalo_soldier]

Pointless; Control the controllables

.https://www.thepositiveencourager.global/controlling-the-controllables/

 

[frederick]

Pointless; Control the controllables

.https://www.thepositiveencourager.global/controlling-the-controllables/

I do get deal with what you can and dont worry about the rest.

But any well managed business will have an 18 month cashflow budget. @lazy farmer is simply asking for other peoples views as what to put in the topline to give a feel for the next 18 months and where he might be. This is just common sense business management. It may be wrong but at least you know where you could be and then change accordingly.

My finger in the air would say especially for lazy buyer a repeat of this year. However my budget would probably knock 1-2 ppl off.

 

[lazy farmer]

may not have any cows by then Tb test is going badly.