Milk Price Tracker

[dinderleat]

A few round here with NFU legal insurance gave them 7 days notice

As long as they have found a new contract. But good on them.

 

[Coews4life]

I'd be surprised if freshways are still around this time next year, dairies with all there eggs in one basket are risky business nowadays.

 

[peclova]

the trouble is, if they go down, who do they take ? While I think the loss of 1 or 2 of the scum processors, would be a positive, its how do they go, without hurting farmers ? with extended payment terms, it could finish off a farmer or two, as well.

If they do go under they will be back the next day - same premises, same plant, same owners, different name and no debts.

 

[som farmer]

and with the promise of an extra 1p farmers will sign up

 

[Scholsey]

Absolutely shameful to see freshways have put their price up but not to the people who have put notice in or not signed their pathetic terms. Frankly disgusting

Covid seems to have been enough for companies to claim force majeure and completely ignore previous pricing/contract terms, if someone did have another contract on the table and another buyer ready to pick them up straight surely they could tell fresh ways to stick it? Guess the 2months plus of money owed could be a sticking point.

 

[som farmer]

Covid seems to have been enough for companies to claim force majeure and completely ignore previous pricing/contract terms, if someone did have another contract on the table and another buyer ready to pick them up straight surely they could tell fresh ways to stick it? Guess the 2months plus of money owed could be a sticking point.

interesting article yesterday, the financial authorities, are taking 16 insurance companies to court, over their refusal to pay claims, for c19, several more backed down ! Has anyone questioned the validity of those shite milk contracts ?

 

[Cowabunga]

interesting article yesterday, the financial authorities, are taking 16 insurance companies to court, over their refusal to pay claims, for c19, several more backed down ! Has anyone questioned the validity of those shite milk contracts ?

The problem with taking them on is that your milk needs collecting and they might, no, probably would tell you where to stick it. A third entity or the Union would need to take them on and, unfortunately, that isn't likely to happen either.

 

[Scholsey]

The problem with taking them on is that your milk needs collecting and they might, no, probably would tell you where to stick it. A third entity or the Union would need to take them on and, unfortunately, that isn't likely to happen either.

and they still have 10’s of thousands of your money for milk picked up 1-2 months previous.

 

[Headless chicken]

Covid seems to have been enough for companies to claim force majeure and completely ignore previous pricing/contract terms, if someone did have another contract on the table and another buyer ready to pick them up straight surely they could tell fresh ways to stick it? Guess the 2months plus of money owed could be a sticking point.

I think there needs to be a serious review of milk contracts in this manor. If the boot was on the other foot then all hell would break loose if we told our buyers they either pay us more or we leaving effective Immediately. They say they need time to plan so why can’twe be afford the same opportunities

 

[som farmer]

after the sudden price drops, it would be interesting to see their reaction, if a farmer did get an alternative contract, and left, without notice. If, they didn't fight it, or lost a case, with milk predicted to be short, going forward into the autumn, and winter, there could well be options to change, especially for the bigger producers, by citing the c19 price drop, without notice or ?legality ?

 

[Scholsey]

First milk did it back 2012ish, had a small price increase after a big slump but not to any farms with notice in, should be illegal!

 

[Tarw Coch]

First milk did it back 2012ish, had a small price increase after a big slump but not to any farms with notice in, should be illegal!

I’m sure there a few buyers over the years who have done similar, either no price rise for those under notice or no end of year bonus

 

[buffalo_soldier]

First milk did it back 2012ish, had a small price increase after a big slump but not to any farms with notice in, should be illegal!

Yeah, they pulled that one on me back around then.
New buyer was ok to take my milk immediately as they were getting it on a milk swap anyway.

As I was leaving, Firsts position was why should they do anything to help me.

 

[Scholsey]

Yeah, they pulled that one on me back around then.
New buyer was ok to take my milk immediately as they were getting it on a milk swap anyway.

As I was leaving, Firsts position was why should they do anything to help me.

Because you were supplying the milk and owned them........ to be fair FM and freshways are very different entities and shouldnt be compared, one is a farmer owned once poorly run coop and needed every penny to survive, the other is a privately owned business where every penny they can save paying back to farmers is a penny in their pocket.

 

[buffalo_soldier]

Because you were supplying the milk and owned them........ to be fair FM and freshways are very different entities and shouldnt be compared, one is a farmer owned once poorly run coop and needed every penny to survive, the other is a privately owned business where every penny they can save paying back to farmers is a penny in their pocket.

Better to part on good terms rather than hostile was my argument.
A burnt bridge could be down for generations.

Still, their choice. The farmer rep was quite supportive and she was saddened by the FM chaps attitude.
What goes around though, I may run into him in some other guise one day

Way back now but I remember taking Promar up on one of their free consultation offers. Chap rolls up, nice car, nice suit and I half recognise him.
Then it dawn's on me it's a former DFOB bigwig.
The 10 mins he spent in my yard before being told to leave were quite enjoyable ?.

 

[I thats it]

Better to part on good terms rather than hostile was my argument.
A burnt bridge could be down for generations.

Still, their choice. The farmer rep was quite supportive and she was saddened by the FM chaps attitude.
What goes around though, I may run into him in some other guise one day

Way back now but I remember taking Promar up on one of their free consultation offers. Chap rolls up, nice car, nice suit and I half recognise him.
Then it dawn's on me it's a former DFOB bigwig.
The 10 mins he spent in my yard before being told to leave were quite enjoyable [emoji16].

Name escapes me but he did same here

 

[buffalo_soldier]

Name escapes me but he did same here

Do the initials I. N. help you?

 

[Farmertom1988]

Just reading off Ian Potter's latest news briefing - very positive for a change - it appears the milk market should be gearing up for some much needed farmgate price rises - according to him ''the expert'' not me - so what does everybody on here think? Supposedly Arla have been saying that the next move in price will be a negative one, does that mean that UK domestic milk buyers will be able to hold off from giving out increases? AKA Muller et al?

 

[dairyrow]

Most probably. But Arla haven't cut it yet and there's alot of what if's.

 

[Cowabunga]

Some people that should know the business reckon that the spot market will crash through 40ppl by August/Sept. I am willing to bet that the same companies that tore up or defaulted on their contracts last month are now about to offer new contracts while insisting that suppliers abide by them to the letter and litre later this Summer.