Milk Price Tracker

[Holsteinfriesian90]

Hopefully they will want to a nice day, or two and have happy farmers on stand there for pull something big out the bag to keep us quiet

When will saputo next announcement be?

 

[Sid]

No. I disagree in this situation it would be easy for me to add cost. Whether it’s a new tractor, or employing somebody to do what we currently do ourselves or more marginal litres or acrs etc etc etc. that cost is fine currently but would be painful on a falling market.

Fine currently. Have you heard of inflation? And recession ?

 

[Martyn]

Iv viewed this thread but no comments

 

[Holsteinfriesian90]

Iv viewed this thread but no comments

Where’s your milk price at now?

 

[lazy farmer]

Fine currently. Have you heard of inflation? And recession ?

Have you heard of adapting ?

 

[More to life]

Have you heard of adapting ?

Come on how exactly are you inflation proof. Do you own an oil well or your staff never get a rise.

 

[Tirglas]

Come on how exactly are you inflation proof. Do you own an oil well or your staff never get a rise.

inflation might well look after itself? ideally output inflation equal or higher than cost inflation and interest rates

 

[More to life]

inflation might well look after itself? ideally output inflation equal or higher than cost inflation and interest rates

I agree

 

[som farmer]

Iv viewed this thread but no comments

could you not sell your milk as non organic, but retain your og status ? Quite sure a clever dick lawyer could find away around notice periods.

 

[som farmer]

I know we need the money but it does make me worried companies are going to go bang and then ultimately us farmers will suffer

several have, in the past. I think the major processors are ok, but some of the smaller ones, tied into contracts, with retailers, who won't help, could well go bang.

 

[lazy farmer]

Come on how exactly are you inflation proof. Do you own an oil well or your staff never get a rise.

We are pretty much inflation proof this yr. feed and fert bought last yr. running with less staff so pay rises are covered by that and we have adapted work practices so we are actually working less overall.
as for next yr some inflation is baked in so assumption that milk prices will drop back to where they were 2yrs ago is incorrect assuming our milk is still required. Mean time our term debt had 21 months left on it meaning interest rates are fairly meaning less to our cash flow and this yrs surplus could quite easily sit where it is and Remove our need for seasonal debt.
so in summary I’m enjoying the ride

 

[More to life]

We are pretty much inflation proof this yr. feed and fert bought last yr. running with less staff so pay rises are covered by that and we have adapted work practices so we are actually working less overall.
as for next yr some inflation is baked in so assumption that milk prices will drop back to where they were 2yrs ago is incorrect assuming our milk is still required. Mean time our term debt had 21 months left on it meaning interest rates are fairly meaning less to our cash flow and this yrs surplus could quite easily sit where it is and Remove our need for seasonal debt.
so in summary I’m enjoying the ride

So in summary your in the same boat as everyone else next year.

 

[Tim G]

Nope, neither us nor neighbours who applied.

Heard nothing, or had a thanks but no thanks response?

 

[frederick]

So in summary your in the same boat as everyone else next year.

Well probably not as it sounds as if he's likely to be nearly debt free and have cash in the bank.

This is the really odd thing about dairy and cereals. This year we are getting paid for the future inflation.

Next year however it's far easier to see that the arable man will have to pay the new prices but Nov 23 wheat leaves very little margin. Dairy will be much the same next year.

The pig and chicken sectors are having a far harder time. Beef and sheep. Have always done it because and not as a business and that is remaining much the same.

 

[lazy farmer]

So in summary your in the same boat as everyone else next year.

Didn’t say I wasn’t all I said was Don’t add extra costs

 

[Jamer]

Didn’t say I wasn’t all I said was Don’t add extra costs

You can’t generalise that much though can you? Throughout your career you make investments, good and bad, in the belief you are growing your business/becoming more efficient. Sometimes you have to stick your finger in the air and go for it and sometimes circumstances dictate your spending for you. All I do know is my biggest regrets are from not having a go.

 

[Manney]

When will saputo next announcement be?

Will be end of the month.

 

[Shuffle]

Heard nothing, or had a thanks but no thanks response?

Nothing at all, said to me people would start hearing in May at the earliest. So far, nothing.

 

[Shebb90]

Where’s your milk price at now?

I would guess week today

 

[lazy farmer]

You can’t generalise that much though can you? Throughout your career you make investments, good and bad, in the belief you are growing your business/becoming more efficient. Sometimes you have to stick your finger in the air and go for it and sometimes circumstances dictate your spending for you. All I do know is my biggest regrets are from not having a go.

Absolutely crack on