Milk price - for budgeting

Bramble

Member
Whats the rollercoaster going to be doing for the next 12 months??? For a ‘standard’ litre liquid contract, by March my price will be up 40% in 12 months

Will spot prices/GDT keep going up? Will supply tighten further, or is everyone going to open the floodgates at the prospect of 40ppl and we will all be heading back to 25ppl in 12 months time???

….also tonight’s lottery numbers would be useful😉😉
 
We've just done our budget for next year and used Arla's January milk price. Rather scarily it puts us on 55ppl+ through next October to December.

We produce the bulk of our milk through the first half of the year so it's slightly easier budgeting milk/feed/fert price because most inputs are bought and I think a price crash before late summer is unlikely.
 

Jdunn55

Member
We've just done our budget for next year and used Arla's January milk price. Rather scarily it puts us on 55ppl+ through next October to December.

We produce the bulk of our milk through the first half of the year so it's slightly easier budgeting milk/feed/fert price because most inputs are bought and I think a price crash before late summer is unlikely.
My prediction is that the earliest the price will go down is when the spring flush comes through in 2023, summer and winter milk is always wanted and supply is going to be short this summer I reckon and probably winter coming because of lack of fertiliser brought and therefore lower cereal yields leading to less feeding over the winter

Personally I'm running with 35ppl for 4%bf and 3.3% protein
 

frederick

Member
Location
south west
My prediction is that the earliest the price will go down is when the spring flush comes through in 2023, summer and winter milk is always wanted and supply is going to be short this summer I reckon and probably winter coming because of lack of fertiliser brought and therefore lower cereal yields leading to less feeding over the winter

Personally I'm running with 35ppl for 4%bf and 3.3% protein
Milk price can go down anytime China pauses buying. It now quite often goes down in autumn just as New Zealand comes on stream.
It is a mistake to think the UK seasonal supply any longer has much influence on when prices move.
 

More to life

Member
Location
Somerset
Milk price can go down anytime China pauses buying. It now quite often goes down in autumn just as New Zealand comes on stream.
It is a mistake to think the UK seasonal supply any longer has much influence on when prices move.
In what circumstance would they stop buying dairy products tho. There's a lot of them to feed.
 

Jdunn55

Member
Milk price can go down anytime China pauses buying. It now quite often goes down in autumn just as New Zealand comes on stream.
It is a mistake to think the UK seasonal supply any longer has much influence on when prices move.
Does China import much from us though? My understanding is they're ramping up imports of dairy though not slowing down?
 

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HSENI names new farm safety champions

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Written by William Kellett from Agriland

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The Health and Safety Executive for Northern Ireland (HSENI) alongside the Farm Safety Partnership (FSP), has named new farm safety champions and commended the outstanding work on farm safety that has been carried out in the farming community in the last 20 years.

Two of these champions are Malcom Downey, retired principal inspector for the Agri/Food team in HSENI and Harry Sinclair, current chair of the Farm Safety Partnership and former president of the Ulster Farmers’ Union (UFU).

Improving farm safety is the key aim of HSENI’s and the FSP’s work and...
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