Milk Price Tracker

[Beef farmer]

It’s quite telling when our own milk buyer rings and says not to listen to a word potter or walkland says. He just listens to spot traders. If he has got it wrong will he do is a favour and shut his business down?

Yew tree?

 

[Headless chicken]

Any comments on Potters latest ramblings?

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The whole world is based upon fear, fear creates control. Spot market is currently on the floor but there’s plenty of people who have only just returned to work this week, kids only went back today for example. It changes predictable patterns. People who aren’t going to work doing buy their stupidly over priced coffee on their commute or prehaps don’t have breakfast in the morning etc etc.

There’s no doubt about it that globally there is more milk than has a home for, I suspect some of this is a last hoorah for those who intend to exit, some of it is just general growth. Nvz in wales and Dutch climate changes could start to rock the prediction boat pretty quickly imo.

milk buyers set out to stimulate the market which they have and now will contract it to control the supply. Once the supply has dropped suitably they will pick it back up again

 

[lazy farmer]

He and walkland appear to be the only ones being truthful. If the market is to be believed.

 

[bigw]

One of the retailers reckon the milk price will be 32p by the end of the year. Unless on farm costs take a serious drop then production will fall off a cliff if milk prices drop back to the 30s.

 

[TheRanger]

One of the retailers reckon the milk price will be 32p by the end of the year. Unless on farm costs take a serious drop then production will fall off a cliff if milk prices drop back to the 30s.

Fert, fuel, electric and feed all well back on what they peaked and all looking like continuing downwards.

 

[bigw]

Fert, fuel, electric and feed all well back on what they peaked and all looking like continuing downwards.

We will be paying significantly more for all inputs this year compared to last. Manufacturing costs have been shielded somewhat by the governments energy price cap so who knows what will happen later in the year. I wouldn’t like to be a cheese maker sitting on a lot of stock made with milk at 50p at the moment and we really don’t need a big spring flush or things could be very tough come Q2.

 

[Sid]

We will be paying significantly more for all inputs this year compared to last. Manufacturing costs have been shielded somewhat by the governments energy price cap so who knows what will happen later in the year. I wouldn’t like to be a cheese maker sitting on a lot of stock made with milk at 50p at the moment and we really don’t need a big spring flush or things could be very tough come Q2.

Processor accounts for next 2 years will make very interesting reading!

 

[DairyNerd]

Bit late getting statement through because of strikes but Wyke November was 58.85 based on 5.1 fat and 4.1 protein. December is held, January is definitely going to drop apparently, not been told by how much yet ironically now they have taken nearly half the months milk!

 

[Headless chicken]

Fert, fuel, electric and feed all well back on what they peaked and all looking like continuing downwards.

but how much of that was bought and or contracted at a high. Interest rates still up too. If you’ve contracted electric at 70p your going to struggle a lot more than someone’s who contracted at 30p

 

[Barmyfarmer]

but how much of that was bought and or contracted at a high. Interest rates still up too. If you’ve contracted electric at 70p your going to struggle a lot more than someone’s who contracted at 30p

I don't think people contract at high rates though, anyone I know has just stayed on spot rate for electric

 

[Manney]

December Saputo 68.589ppl 5.785 bf and 4.59 protein.

 

[The Agrarian]

One of the retailers reckon the milk price will be 32p by the end of the year. Unless on farm costs take a serious drop then production will fall off a cliff if milk prices drop back to the 30s.

Doubt it. Production is usually surprisingly resilient. Banks will extend credit. Happy for farmers to dig themselves a hole. Banks like security, and a dependent customer. Loads of people now on the robot payment treadmill, so are commited one way or the other.

 

[lazy farmer]

December Saputo 68.589ppl 5.785 bf and 4.59 protein.

Fantastic proteins.

 

[FarmerWasty]

Doubt it. Production is usually surprisingly resilient. Banks will extend credit. Happy for farmers to dig themselves a hole. Banks like security, and a dependent customer. Loads of people now on the robot payment treadmill, so are commited one way or the other.

We'd just put robots in when the milk price crashed to 19p. We survived.

 

[lazy farmer]

Doubt it. Production is usually surprisingly resilient. Banks will extend credit. Happy for farmers to dig themselves a hole. Banks like security, and a dependent customer. Loads of people now on the robot payment treadmill, so are commited one way or the other.

Can’t wait for the farm to be debt free.

 

[cattow]

We'd just put robots in when the milk price crashed to 19p. We survived.

Plenty with lesser milk buyers dropped to 13p at that time & didn’t survive

 

[bigw]

Doubt it. Production is usually surprisingly resilient. Banks will extend credit. Happy for farmers to dig themselves a hole. Banks like security, and a dependent customer. Loads of people now on the robot payment treadmill, so are commited one way or the other.

I'm not so sure, banks have become far less lenient about lending and i would have thought there would have been a higher chance of them saying no to extending credit facilities.

 

[jackrussell101]

Can’t wait for the farm to be debt free.

Trouble is tax will be your problem then, only so many ways you can avoid it, and if you're a good farmer you'll be making a good profit

 

[lazy farmer]

Trouble is tax will be your problem then, only so many ways you can avoid it, and if you're a good farmer you'll be making a good profit

Two things there.
id rather pay the tax
You’ve just given me another excuse for being bang average..

 

[vantage]

Two things there.
id rather pay the tax
You’ve just given me another excuse for being bang average..

Indeed, tax is optional, interest isn’t!
Not there, probably never will be!