Milk Price Tracker

[dinderleat]

i think what he meant was a family farm will plod on while a bigger more business orientated farm would sell the cows when price drops and buys when it picks up again

Depends when and if they get out at the right time.
And just because it's a family farm doesn't mean it's more or less business orientated.

I would if thought this boom busy cycle will certainly put any large investers/banks of putting/money into the industry

 

[Irish NZ]

Its just about right but not 100% accurate.

I believe the forecast payout for this season, inc shareholders return (13th payment) is NZ$6.50 / kg MS, possibly even 6.60. @Irish NZ is that right?

At today's exchange rate 6.50 is £3.73.

I don't know the breakdown of how they pay for fat and protein but I'm sure they pay more for protein than fat as they do over here as well. I suspect that to get 6.50 you'd need a litre nearer 5% fat and 4 %protein, not the 6 bf and 4 p I was working on.

So for my jersey litre it might be nearer 35/36 ppl. Still not a bad price though.

close enough. $6 payout... 40c on return shares so Fonterra will say $6.40 but I always look at the 2 separate as sharmilkers etc don't get dividend and there is quite a few farmers aren't fully shared up.

protein is worth about 2 and a half times fat. would say average solids sold is between 9-10%.

Can still change so far the advanced rate is only $4.85 can take some time until you see the full price for milk produced.

 

[jade35]

http://www.dairyherd.com/news/markets/dairy-prices-fall-better-expected-supply

Global dairy prices fell at an auction held early on Wednesday, on signals that milk production would be higher than expected.

Average prices dipped 3.2 percent at the Global Dairy Trade auction, which takes place twice a month, with an average selling price of $3,474 per ton.

Prices for whole milk powder fell 3.7 percent while skim milk powder fell 3.8 percent.

"Despite the weak result overnight the underlying market fundamentals are generally supportive," Susan Kilsby, dairy analyst at AgriHQ, said.

Dairy giant Fonterra last week said that it would collect 5 percent less milk in the 2016-17 season, meaning supply would be higher than its previously forecast 7 percent drop.

 

[Sid]

http://www.dairyherd.com/news/markets/dairy-prices-fall-better-expected-supply

Global dairy prices fell at an auction held early on Wednesday, on signals that milk production would be higher than expected.

Average prices dipped 3.2 percent at the Global Dairy Trade auction, which takes place twice a month, with an average selling price of $3,474 per ton.

Prices for whole milk powder fell 3.7 percent while skim milk powder fell 3.8 percent.

"Despite the weak result overnight the underlying market fundamentals are generally supportive," Susan Kilsby, dairy analyst at AgriHQ, said.

Dairy giant Fonterra last week said that it would collect 5 percent less milk in the 2016-17 season, meaning supply would be higher than its previously forecast 7 percent drop.

Quote from your posted link in the Arla thread
Arla CFO Natalie Knight told DairyReporter, looking at 2017, she expects the company will continue to see further improvement of the underlying trends, “plus there will definitely be price increases.”

I personally don't think we will see any more upwards move until quarter 4. I hope I'm wrong.

 

[early riser]

So just opened a letter from Arla headed 'Arla is looking for more British milk',

Basically asking us to turn the taps on please

At 25.06ppl for Jan milk I won't be turning the taps on anytime soon thanks

 

[Smiler]

So just opened a letter from Arla headed 'Arla is looking for more British milk',

Basically asking us to turn the taps on please

At 25.06ppl for Jan milk I won't be turning the taps on anytime soon thanks

We've just come through some of the worst milk prices in the last decade because of over supply and now they want us to produce more. Anyone else struggling to comprehend this??

 

[Sid]

So just opened a letter from Arla headed 'Arla is looking for more British milk',

Basically asking us to turn the taps on please

At 25.06ppl for Jan milk I won't be turning the taps on anytime soon thanks

We've just come through some of the worst milk prices in the last decade because of over supply and now they want us to produce more. Anyone else struggling to comprehend this??

Well it depends from looking outside whether Arla require Arlagarden milk or spot milk. I'd suggest it the former, therfore they need more supply.

 

[coomoo]

 

[happycows]

Quote from your posted link in the Arla thread
Arla CFO Natalie Knight told DairyReporter, looking at 2017, she expects the company will continue to see further improvement of the underlying trends, “plus there will definitely be price increases.”

I personally don't think we will see any more upwards move until quarter 4. I hope I'm wrong.

Will be about .5ppl every quarter from currency smoothing if nothing else.
Today's letter doesn't look like they will be cutting price anytime soon.
Go go go!!!

 

[Sid]

Will be about .5ppl every quarter from currency smoothing if nothing else.
Today's letter doesn't look like they will be cutting price anytime soon.
Go go go!!!

Difference between cutting and increases

 

[dinderleat]

Will be about .5ppl every quarter from currency smoothing if nothing else.
Today's letter doesn't look like they will be cutting price anytime soon.
Go go go!!!

Better get that second robot up and running soon then.

I think each farmer must make the decision for themselves to expand or even decrease, as an on farm profit level is the most important position.

 

[Sid]

Better get that second robot up and running soon then.

I think each farmer must make the decision for themselves to expand or even decrease, as an on farm profit level is the most important position.

More milk doesn't always equate to more PROFIT

 

[Had enough.com]

Will be about .5ppl every quarter from currency smoothing if nothing else.
Today's letter doesn't look like they will be cutting price anytime soon.
Go go go!!!

 

[happycows]

Trust me if i milk 30 more of my own heifers this year to get too 100cows or 1 mil litres I'm not the one you have to worry about!! There is plenty would ring up and order them in a phone call and do the same next week.
I am looking to make the most of the positive seasonality from July on. On the back of a lower production winter and taking the reduction scheme money it will give me hopefully a good go this Autumn to cover the investment in my new (used) robots.

 

[peclova]

We've just come through some of the worst milk prices in the last decade because of over supply and now they want us to produce more. Anyone else struggling to comprehend this??

I am glad that I'm not alone in understanding this.

If Arla needs UK members to produce more milk as part of the long term marketing strategy there must be a price guarantee before I would be willing to risk ramping up production..

 

[meekers]

They are still going hard trying to sign people up in Scotland. Hope they have good contracts for all this extra milk and it doesn't depress everyone elses price.

 

[upnortheast]

We've just come through some of the worst milk prices in the last decade because of over supply and now they want us to produce more. Anyone else struggling to comprehend this??

The processors want loads of cheap milk so they can undercut their opposition. It is only farmers who want (need) the milk price high

 

[celtis man]

Heads they win
tales we loose

 

[jockthethistle]

Milk reduction money's paid this morning. ...jtt.

 

[coomoo]

Milk reduction money's paid this morning. ...jtt.

There'll be some happy millionaires in this area today then, be a good few decker loads of imports next week then....