- Location
- Scotland
First Milk are holding their milk prices for January.
Milk Price Tracker
- Thread starter rc mx110
- Start date
supercow
Member
- Location
- Dumfriesshire
What have I been saying all along! Knew first milk have turned a corner!! Muller boys don't all rush at once !!!
Alfred
Member
In my opinion, these milk futures prices being quoted now are only serving to force prices down faster than they normally would fall . And don't forget that they are not based on the full range of products that make up our current milk price.
They cut because they can.
In truth, we always knew that we were going to suffer a price drop in 2018 - the only question now is, how far will it go with pundits opining 25ppl or less (a far cry from 26-28ppl of very recent punditry)
had e nuff
Member
- Location
- Durham
Still plenty expanding and new entrants starting.
Below 25p how will the be able to get and pay labour ?
I think there will be more giving up that starting up !!
- Location
- South Molton
New entrant i spoke to did his budgets on 25ppl and got bank go ahead.
Alfred
Member
Pundits should be avoided at all cost!!!!
If nobody has noticed, some of them earn a every good living out of talking the market down!! And hey presto, they come up with a solution to stop the very volatility that they
their selves are guilty of incouraging!!!!
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dolf_lundgren
Member
What does that make the FM base price now? Must be close to or ahead of Muller and Grahams in Scotand, given they have both cut recently.
- Location
- Scotland
29.09ppl for mainland Scotland. The last price I saw for Grahams was 29.75ppl, have they cut their price since then? Or are you one of those people that know the answer but are contractually bound not to discuss it in public?
- Location
- Northumberland
29.09ppl for mainland Scotland. The last price I saw for Grahams was 29.75ppl, have they cut their price since then? Or are you one of those people that know the answer but are contractually bound not to discuss it in public?
Grahams are dropping 0.5ppl from 1st January.
supercow
Member
- Location
- Dumfriesshire
Not sure what the base is but we got 30.3 in November, will struggle to get 0.5p production bonus January and fat and protein has dropped since going onto shite first cut so we will be looking at 29 pence January
lazy farmer
Member
- Location
- som/dor border
have to say i think that's total bollxxxs markets go up and down due to buyers and sellers not hot air.
frederick
Member
- Location
- south west
The futures price will certainly give you an idea of value for any extra milk produced.
But same old story buyers see extra milk coming and drop price. Farmers look at last milk cheque and add more cows ignoring the fact that any milk that cow produces in spring will be sub 20ppl and that cow will actually cost money not make profit
But same old story buyers see extra milk coming and drop price. Farmers look at last milk cheque and add more cows ignoring the fact that any milk that cow produces in spring will be sub 20ppl and that cow will actually cost money not make profit
Alfred
Member
Totally agree, markets do go up and down due to market forces. Futures is a new twist to that. And is bringing a negative sentiment to the discussion with buyers at the moment. THAT WILL drive down contract prices. FACT.
lazy farmer
Member
- Location
- som/dor border
we will have to disagree. all futures do is attempt to predict the future and allow people to hedge against it.The actual buying and selling of product sets the price.