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Livestock
Dairy Farming
Milk price drop!
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<blockquote data-quote="lazy farmer" data-source="post: 4556918" data-attributes="member: 5031"><p>From somebody who's paid to Know/make an educated guess.</p><p>"It's not looking very bright,with SMP intervention based via tender this yr,the floor in the price simply won't be there.If production is big the impact will be stark.Friesland Campina announced this week 2017 actual volumes produced per month will be their base for 2018 any excess litres produced above this base will receive a 90% reduction in P/L. This is a drastic departure for a major EU co op to introduce such a scheme. Latest Muller UK futures offer also priced at just 22p.If supply can be controlled then pricing might not be too bad.If it goes overboard the outlook is stark."</p><p>"European markets have become detached from the GDT over the past yr. The overhang of SMP isn't helping nor Hogans threats of late."</p><p>supply amd demand simples</p></blockquote><p></p>
[QUOTE="lazy farmer, post: 4556918, member: 5031"] From somebody who's paid to Know/make an educated guess. "It's not looking very bright,with SMP intervention based via tender this yr,the floor in the price simply won't be there.If production is big the impact will be stark.Friesland Campina announced this week 2017 actual volumes produced per month will be their base for 2018 any excess litres produced above this base will receive a 90% reduction in P/L. This is a drastic departure for a major EU co op to introduce such a scheme. Latest Muller UK futures offer also priced at just 22p.If supply can be controlled then pricing might not be too bad.If it goes overboard the outlook is stark." "European markets have become detached from the GDT over the past yr. The overhang of SMP isn't helping nor Hogans threats of late." supply amd demand simples [/QUOTE]
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Milk price drop!
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