- Location
- M6 Hard shoulder
Will be interesting to see if the spot prices will be maintained at those levels in the next week or two
Milk Price Tracker
- Thread starter rc mx110
- Start date
betweenthelines
Member
- Location
- southwest
Spot Cream price is fairly irrelevant. It's only a small percentage of the total market and a lot of it is "surplus" from standardisation anyway. Plus the butter makers will be snapping it up, freezing the butter they make so they can make a killing in a few months time. Spot price is just what it says anyway-today's price for today's excess milk- feck all to do with 99%+ of the trade.
Funny isn't it that the Processors are quick to broadcast the falling cream price but not said a word about firm (or increasing) retail price for liquid. And no mention of the probable increase in cheese prices when imports grind to a halt.
Funny isn't it that the Processors are quick to broadcast the falling cream price but not said a word about firm (or increasing) retail price for liquid. And no mention of the probable increase in cheese prices when imports grind to a halt.
betweenthelines
Member
- Location
- southwest
Anyway why are dairy farmers so trusting of what milk buyers tell them? If a machinery dealer told you tractors were as scare as rocking horse sh!t so prices were going up, would you believe him?
Kingofgrass
Member
Yew tree feb 5.01fat 3.62pro 27bact 120cells
Forward sold 31.717
Market litres 27.74
Average 29.26p/ltr
29ltr/cow/day sold
Forward sold 31.717
Market litres 27.74
Average 29.26p/ltr
29ltr/cow/day sold
Quality milk, less quality price
Milkcow365
Member
- Location
- Sw Scotland
What % forward sold?
Phenomenal quality
Kingofgrass
Member
Put in for 6000ltrs a day for the deal but he could only secure 2800 last year about 40% roughly
- Location
- M6 Hard shoulder
Spot is surely an indicative marker of market trends ? Small volume traded or not if the price tanks it's generally telling you that the market is awash, if spot is surging it's telling you the product is in demand and as most if not all processors will at some point have a surplus or deficit of milk it will have some degree of influence on them at some point.
betweenthelines
Member
- Location
- southwest
Spot price is more akin to shops slashing the price of short dated goods. Inflation doesn't fall just because a Tesco store is selling short dated bread rolls at half price on a Saturday afternoon. Same with milk prices-a couple of cheap artic loads at the weekend isn't a market trend.
Retail prices will rise in the next few weeks due to a higher percentage going into retail rather than the highly competitive food service sector and the reduction in imports of cheese and butter as more Countries reduce exports to secure supplies.
This increase needs to be passed back to the producers
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- Location
- M6 Hard shoulder
I like your sentiments and hope you are correct.
I will be very angry if Muller drop it this next week. Apparently they're flat out bottling liquid milk and have diverted all their milk from the butter plant into the bottling plant. I've also heard a rumour they are buying spot milk in at 28-30p to meet demand from the supply shortfall...
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Cowabunga
Member
- Location
- Ceredigion,Wales
Who are they going to sell their herd to and how and for how much?
Cowabunga
Member
- Location
- Ceredigion,Wales
Rather depends on the dealer or salesman's reputation.
kiwi pom
Member
- Location
- canterbury NZ
Same place all the culls go?
kiwi pom
Member
- Location
- canterbury NZ
Reading this thread it seems to me you have too many milk buyers and small processors, all stabbing each other in the back. Too much wheeling and dealing with spot milk, too much volatility etc.
Would the UK not be better with a couple of big buyers, say Arla and someone else, everyone sign up to them, then let them supply the smaller speciality places with milk, while both keeping a large product mix of their own that they could tweak according to demand.
Would the UK not be better with a couple of big buyers, say Arla and someone else, everyone sign up to them, then let them supply the smaller speciality places with milk, while both keeping a large product mix of their own that they could tweak according to demand.
Bramble
Member
Consecutive governments over the last 25 years haven’t allowed this. Competition Commission forced a farmer coop that had 50% market share to split into 3 over 20 years ago. 1 still going, 1 went bust, 1 amalgamated with Arla
As soon as any business gets to 30% market share the CC start to get very twitchy and want to get involved
betweenthelines
Member
- Location
- southwest
That was exactly the reason why our Monopolies Commission allowed Muller Wiseman to acquire the non cheese making arm of Dairy Crest a few years ago-"synergies to benefit the consumer"
endeavour
Member
- Location
- centre of milky way Carmarthenshire
Dare I say that the mmb was broken up by pressure from Europe would it not be time for the redevelopment of a similar organisation who "MARKETS" to best advantage.Perhaps with the present accent on food security and the blatant abuse of the buying power of major buyers the government would consider this . How they can tell us that they have now encouraged super markets to work together for the good of the country the major players have always colluded to only their benefit,
Farmer Keith
Member
- Location
- North Cumbria
I wouldn’t hold your breath but stranger things have happened.