Milk Price Tracker

[Sid]

Didn't this week they announce a 2p cut?
If that's sustainable then good on you and them.
The world is changing. I'm not so sure people will supply milk at a loss as happily as they may have in the past.
The investment coming on to farm in the next 5 years for environmental rules will shape the milk supply that im sure

Yeah but not to 25ppl.

It's not sustainable, but neither is the 41 p spot price why don't we all give notice and supply the spot market just look how wonderful it is.

Various companies ship product around the world, packaging has risen, these costs in dairy aren't always passed on to the customers perversely. Even Arla cut their price only last month due to plastic costs.

Very very uncertain times we live in where product is worth so much but it may not be able to be collected, packaged or delivered, in which case the producer may not get paid!

 

[Beef farmer]

Yeah but not to 25ppl.

It's not sustainable, but neither is the 41 p spot price why don't we all give notice and supply the spot market just look how wonderful it is.

Various companies ship product around the world, packaging has risen, these costs in dairy aren't always passed on to the customers perversely. Even Arla cut their price only last month due to plastic costs.

Very very uncertain times we live in where product is worth so much but it may not be able to be collected, packaged or delivered, in which case the producer may not get paid!

Agree with all of that, but arla and omsco are a different kettle of fish. Arla organic price comparison is what 10p more?
41p spot from my perspective is very sustainable.

 

[betweenthelines]

Spot price is just that- a price on the day for unallocated milk.

About as much relevance to price setting as what the butcher gets for the last turkey in the shop on Xmas Eve

 

[Sid]

Agree with all of that, but arla and omsco are a different kettle of fish. Arla organic price comparison is what 10p more?
41p spot from my perspective is very sustainable.

10p more but with more COP.
Calves to x number of weeks is 1-2ppl.
Arla producers have left even at those prices due to additional hoops.

Arlas organic and conventional was at one point below alot of prices.

At the moment they have hit the sweet spot

 

[Sid]

Also look at First milk, things change, concern was they were going to go bust!

Edit

Just to add Tesco warn of 5% food inflation. Can you @Beef farmer /anyone stick just a 5% price rise based in how input costs have risen?

 

[Beef farmer]

Also look at First milk, things change, concern was they were going to go bust!

Edit

Just to add Tesco warn of 5% food inflation. Can you @Beef farmer /anyone stick just a 5% price rise based in how input costs have risen?

No. 10% in current climate.

 

[betweenthelines]

Bit naive to equate retail price inflation with COP inflation.


Edited to add:

Mind you, even more naive to equate ex farm prices with shop prices for milk-one hardly changes year to year, the other changes every month (in a totally unrelated way)

 

[Sid]

Bit naive to equate retail price inflation with COP inflation.


Edited to add:

Mind you, even more naive to equate ex farm prices with shop prices for milk-one hardly changes year to year, the other changes every month (in a totally unrelated way)

Your right I have absolutely no idea. Perhaps we should all offer Tescos a 5% cut to help them out given they had such a hard last quarter with 28% increase in profits.

I was using Tesco's comment as an example of inflation. BTW its not RPI it was food inflation, two different measurements.

I warned of input inflation 3 months ago.

 

[organicguy]

@Beef farmer missed the culls today but saw yours on silage at Minver crossroads. Unfortunately in car so couldn't stop

 

[tw15]

@Beef farmer missed the culls today but saw yours on silage at Minver crossroads.

Unfortunately in car so couldn't stop

I know the feeling i had a car with bad brakes once .

 

[Only]

Ian Potter Marketing Services - IPMS Ltd​

21t6p6on4om6gd ·

**Spot Milk scarce and today at 41ppl plus.**
Spot milk is now extremely scarce with desperate milk processors offering north of 40ppl but still unable to find it.
It’s looking extremely dangerous particularly for one processor who has lost a number of farmers and is allegedly short of milk and scouring the country for spot milk.

Stolen from Potter FB page. Whats spot milk normally like price wise this time year? Interesting times ahead maybe? Inputs costs have risen sharply and quickly so the milk price needs to follow imo. Whether the processors can afford to do it is another matter.

Zero milk be traded at that says chris walkland on kite podcast

 

[westwards]

FM sept 31.13p

4.18bf and 3.48p plus bact and cc bonus + production bonus

 

[Only]

Zero milk be traded at that says chris walkland on kite podcast

#KitePodcast day! This week we are joined by @NFUtweets President @Minette_Batters fresh from #questiontime last night and John Allen to discuss the political appetite for agriculture. With double celebrations from @chriswalkland Listen here: https://t.co/0CnPzbM0Wn https://t.co/BMvaVXjFjg

 

[Only]

#KitePodcast day! This week we are joined by @NFUtweets President @Minette_Batters fresh from #questiontime last night and John Allen to discuss the political appetite for agriculture. With double celebrations from @chriswalkland Listen here: https://t.co/0CnPzbM0Wn https://t.co/BMvaVXjFjg

This is well worth a listen

 

[Beef farmer]

@Beef farmer missed the culls today but saw yours on silage at Minver crossroads. Unfortunately in car so couldn't stop

Thats us

 

[Beef farmer]

Zero milk be traded at that says chris walkland on kite podcast

Sure he said 47p not 41p. Yeah not much traded, that goes without saying. If there where tankers everywhere looking for a home, it wouldn't be plus 40p

 

[Fools Gold]

In the future who knows but right now 30ppl is enough for my business and would of been last year despite the drought… like I said earlier there are folk making it work for less right now, if you seriously need 35ppl a little look on your own side of the gate might be beneficial or you may not be dairy farming in 5 years time as as you quite rightly say there are some big challenges coming down the tracks.

Arla September 34.12ppl 4.66 3.59 top bands with a tiny bit of seasonality. 1.5ppl back on august but with more litres. Easy to forget that when your milk quality is above the standard litre a 1ppl cut is actually more than that. Should be more seasonality for October and a .3 rise, looking at the job right now it wants to be north of 35ppl going forward.

You’ve changed your tune in 6 short weeks!

 

[Beef farmer]

You’ve changed your tune in 6 short weeks!

Feed and fert have changed a lot in 6 wks

 

[Fools Gold]

Feed and fert have changed a lot in 6 wks

Indeed they have but it’s not exactly come as a huge surprise given the way things have been heading

 

[Farmer Keith]

You’ve changed your tune in 6 short weeks!

I was wondering if anyone would clock that when I posted it!