Milk price - for budgeting

pappuller

Member
Livestock Farmer
Location
M6 Hard shoulder
Just re-igniting this thread.

What price are people using Jan 23 - Dec 23 budget?

2021 we averaged 34ppl and this year we are on target to be just under 50ppl.

We've seen big milk price increases with input prices rising to match but will the dust settle in 2023 or are we still on the roller-coaster!?
42p standard litre average
 

pappuller

Member
Livestock Farmer
Location
M6 Hard shoulder
All we have is millions of litres of slurry… and tbh I’ve not noticed a great deal of yield difference (yet) but I suspect that modern ryegrasses need a diet of AN from the bag

Think it will be mix & match with quite a lot of foliar feed used after 1st cut⁷
Foliar feed is all well and good on grass but you nearly need 2-3 weeks growth to create the foliage to catch the feed before you apply ?
 

Bald Rick

Moderator
Livestock Farmer
Location
Anglesey
Foliar feed is all well and good on grass but you nearly need 2-3 weeks growth to create the foliage to catch the feed before you apply ?

Correct. Needs good sheath so at least 14 days post cutting but in tandem with a slurry on immediately post cut and with the trace elements, seems to work well at a cost equivalent of £400/tonne of AN 34.5%
 
Location
West Wales
How do create the foliar feed?
I’ve got some old 1500 litre bulk tanks with stirrers and on stilts. Could I just fill them with water and drop a bag of urea in with the stirrer running?

pretty much that. I’ve only dabbled with melting a few bags this year as we’re running liquid we’ve been trialing options and the simplest is super low rate liquid n.
A water pump to create a suspension would help break it down quicker.
Adding humic acid seems to be the game changer.
 

som farmer

Member
Livestock Farmer
Location
somerset
at what price do you think farmers will hit the brakes hard.
It's not quite so simple, modern plants need a certain volume of milk, to cover overheads, so that will factor in, our processor is looking for more milk,
If milk crashes to 30's, l think there will be a lot going out, we will.

There's a lot of potential costs/problems looking ahead, slurry storage, old buildings that need updating, labour, succession.
And of course, RT with ever increasing standards, ever more guv restrictions, fert costs.
Confidence is low.

And milk price is at an all time high, the lowest l have had was 14ppl, back in 1999, the highest was oct 54.45ppl.

There will be a reduction, spring seasonality will take price lower, it is next autumn that will be crunch time. A case of input costs v milk price, unless input costs come down, to reflect the lower milk price, and pigs might fly.
 

Jdunn55

Member
Currently on 48-49ppl for standard litre I think

Going with 45ppl for january-march
42ppl for april-june
42ppl again for july-september
And 45ppl for October-December

How does that sound?

My opinion is that with a price drop in the new year you will see farmers leaving but that's going to take about 6 months to come through so won't see milk price rises until later in the year?
 
Currently on 48-49ppl for standard litre I think

Going with 45ppl for january-march
42ppl for april-june
42ppl again for july-september
And 45ppl for October-December

How does that sound?

My opinion is that with a price drop in the new year you will see farmers leaving but that's going to take about 6 months to come through so won't see milk price rises until later in the year?
Personally on a solids style contract I think we could easily see 40p by may/June before seasonality. It will partially depend on processors contracts and market sentiment how low individual contracts go .
as for after that it will depends on how fast the surplus supply disappears.
 

How Dairy

Member
Livestock Farmer
Working on the basis of milk price coming back in Jan/Feb by nearly 2ppl. Last years costings (extrapolated forward to Dec 31st) showed a reasonably low feed cost across the last quarter but was lucky to have plenty in store and bought forward. Energy costs haven't fully kicked in and will feel the full brunt of feed and fert Feb onwards. It is a matter of phoning round at the mo to get folks to stick to prices. Praying for an early Spring.
 

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