Milk Price Tracker

[Barmyfarmer]

Arla 31.1p
4.44 fat
3.3 protein
32 litres avg

 

[Beef farmer]

I’d think it would be fair to assume he’s not likely to go broke anytime soon.

Arcadia group

Hold my beer


He might not be about to go broke, but I would need muller to be the only processor left with freshways before you would sign up.

 

[jackrussell101]

The European rich list has him at over €4 billion fortune and is domiciled in Switzerland

 

[Friesianfan]

Roddas November 33ppl 4.85, 3.81 top bands. Only 13litres though

 

[Manney]

Saputo November will be 39.26ppl 5.58, 4.34 and top bands.

 

[Beef farmer]

Saputo November will be 39.26ppl 5.58, 4.34 and top bands.

Statements up?

 

[Manney]

Statements up?

No I just put my figures in to a spreadsheet i made and it works my price out. It's been 100% accurate so far. Such a simple contract now price is easy to work out.

 

[Cows 'n grass]

No I just put my figures in to a spreadsheet i made and it works my price out. It's been 100% accurate so far. Such a simple contract now price is easy to work out.

Too much time on your hands now you're now turning the vacuum pump on as often.

 

[Sid]

You’re only seeing the accounts for one arm of his business though, big businesses can afford to pay clever accountants

Have a search through companies house at a PLC.

Amazon buy and sell stuff to themselves on paper.
That can then move profit to where ever they want. UK arm may not make any money but the arm in Ireland, well.

 

[rusty]

Have a search through companies house at a PLC.

Amazon buy and sell stuff to themselves on paper.
That can then move profit to where ever they want. UK arm may not make any money but the arm in Ireland, well.

I listened to a talk by a fruit grower who supplied supermarkets. They had a subsidiary company that charged a'service fee' to the main business to alter the profit too a figure that wasn't to high . If the supermarket they supplied realised how much they were making they would have driven the price down. The supermarkets read the accounts of their suppliers published at companies house to monitor their profits. By having a subsidiary 'service company' they can disguise the real level of profitability.

 

[Beef farmer]

I listened to a talk by a fruit grower who supplied supermarkets. They had a subsidiary company that charged a'service fee' to the main business to alter the profit too a figure that wasn't to high . If the supermarket they supplied realised how much they were making they would have driven the price down. The supermarkets read the accounts of their suppliers published at companies house to monitor their profits. By having a subsidiary 'service company' they can disguise the real level of profitability.

Not uncommon

 

[dinderleat]

Not uncommon

No different to have a partnership to hold the assets and a Ltd company to make the profit

 

[bar718]

No different to have a partnership to hold the assets and a Ltd company to make the profit

I was told recently that only the milk, labour, water and electric is supplied from U.K. sources all the rest of the inputs come from subsidiaries of muller based abroad so effectively they can manipulate all the costs so the accounts say what they want them to. As others have eluded to above.

 

[The Agrarian]

Take out those things - have you not taken out most of the costs?

 

[Farmer Keith]

More than likely a Swiss based subsidiary buys the product off the UK arm at around COP then sells it to a retailer or wholesaler from there, that way the profit is made in the “right” place to keep the tax bill down.

 

[betweenthelines]

Ironic that you have to tell Muller your COP to be one of their "favoured" suppliers, but no one has a scooby about Muller's margins.

 

[Tarw Coch]

Ironic that you have to tell Muller your COP to be one of their "favoured" suppliers, but no one has a scooby about Muller's margins.

Do Muller actually get to see that information, at farm level at least, or is it just the supermarkets who see that.
Whichever, it would seem the cost of production is in excess of 30ppl and that’s for those who have been on better prices for some time and hence the spare cash giving them a better opportunity to invest in efficiency

 

[dairyrow]

You could flip it. Ask why aren't you giving them puffed up COP figures and run 2 books likee these other firms?

 

[Tarw Coch]

You could flip it. Ask why aren't you giving them puffed up COP figures and run 2 books likee these other firms?

I’m pretty sure they want them see each and every invoice, basically doing your accounts for you so easier said than done

 

[jackrussell101]

You could flip it. Ask why aren't you giving them puffed up COP figures and run 2 books likee these other firms?

Because when you're non-aligned they don't give a toss