Milk Price Tracker

[Bramble]

Yes I just despise the promise that it'll get better soon, they have no clue that it will and in my opinion shouldn't be telling us what they don't know

Same story for the last 20 years.

Don’t worry about the price you receive (everyone else except COP contracts will be similar), worry about the costs you can control.

Accept you’re producing a commodity product, with global pricing. Plenty of indicators out there to tell you of the direction of travel of milk prices in the next 6 months - GDT, StoneX, U.K. spot prices

 

[Jdunn55]

Same story for the last 20 years.

Don’t worry about the price you receive (everyone else except COP contracts will be similar), worry about the costs you can control.

Accept you’re producing a commodity product, with global pricing. Plenty of indicators out there to tell you of the direction of travel of milk prices in the next 6 months - GDT, StoneX, U.K. spot prices

I'm not complaining about the milk price, an extra couple of ppl would be much appreciated

It's the phrases that pee me off
"Stabilisation"
"Positive outlook"
"Strong milk market"
"Indications suggest"

They can all f**k right off
Their predictions are about as strong and stable as liz truss

 

[som farmer]

the global price of milk, is the price, all worked off that, and totally controlled by the buyers.

the profit margin we get/don't, is controlled by us, in the drive for efficiency, and invested to attain efficiency, etc. The costs of doing that, has made the price we recieve, break even, of worse,

in the present market place, extra profit, needs to come from reducing our input costs, perhaps very difficult to achieve, having invested in 'efficiency', which is expensive.

the only way to get the buyers to increase their price to us, is to make milk supplies lower.

and there is nil chance of any sound bites, coming from guv, amounting to anything other than hot air, is deluding themselves.

the value of milk, produced in a cowstall, hand milked, or bucket plant, is very little different, to that produced from a robotic system. The difference in level of investment, however, is enormous.

its totally impractical for many of us, to go back to those systems, but it shows why, having invested £'s, in modernising, we find the price, insufficient today.

 

[Holsteinfriesian90]

I'm not complaining about the milk price, an extra couple of ppl would be much appreciated

It's the phrases that pee me off
"Stabilisation"
"Positive outlook"
"Strong milk market"
"Indications suggest"

They can all f**k right off
Their predictions are about as strong and stable as liz truss

Truth is they don’t care. Wether the milk price is on the floor or sky high milk is an endless river that keep flowing in the factory.

 

[yin ewe]

Yes I just despise the promise that it'll get better soon, they have no clue that it will and in my opinion shouldn't be telling us what they don't know

Young man, it has been that way since the old men were young. Head down, cut out the men with suits and shiny shoes and don't buy expensive fodder for next year .

 

[frederick]

Yes I just despise the promise that it'll get better soon, they have no clue that it will and in my opinion shouldn't be telling us what they don't know

It's no suprise. The unfolding of the current milk price situation has gone reasonably as expected and predicted.


It peaked at 50ppl. Demand dried up price dropped. People expected a drop to 40 ppl for the first half 23. What was got wrong is China demand has still fallen off a cliff this knocked another 5ppl off and stalled the recovery in the second half of 23. However milk price is now below cost of production in a lot of the world. This will curtail production.
This is already feeding into prices and future markets. In my view the traders have over egged it and production is going to drop further than they originally expected and that means a steeper recovery next year.

You just have to filter what you hear to make your own prediction.

 

[som farmer]

and the steeper recovery next year, will predictably lead to another oversupply, that will drop the price back again.

how many times has it followed the same path ?

 

[lazy farmer]

It's no suprise. The unfolding of the current milk price situation has gone reasonably as expected and predicted.


It peaked at 50ppl. Demand dried up price dropped. People expected a drop to 40 ppl for the first half 23. What was got wrong is China demand has still fallen off a cliff this knocked another 5ppl off and stalled the recovery in the second half of 23. However milk price is now below cost of production in a lot of the world. This will curtail production.
This is already feeding into prices and future markets. In my view the traders have over egged it and production is going to drop further than they originally expected and that means a steeper recovery next year.

You just have to filter what you hear to make your own prediction.

Mostly agree with that. Though I do think there hasn’t been enough pain yet. The price is such to keep most just about going.

 

[Wesley]

Mostly agree with that. Though I do think there hasn’t been enough pain yet. The price is such to keep most just about going.

It should drive out the ones who were going to chuck the towel in before the milk price climbed to crazy levels but decided they wanted a piece of the pie while it was so good.

 

[lady muck]

Mostly agree with that. Though I do think there hasn’t been enough pain yet. The price is such to keep most just about going.

28ppl feels painful here

 

[More to life]

Mostly agree with that. Though I do think there hasn’t been enough pain yet. The price is such to keep most just about going.

In the uk and Ireland but not the rest of europe.

 

[Farmer Keith]

28ppl feels painful here

Unfortunately for you guys for whatever reason you’re at least 10-20% below average. It’s the rest of us sitting around 35ppl I think lazy was talking about.

 

[lazy farmer]

Unfortunately for you guys for whatever reason you’re at least 10-20% below average. It’s the rest of us sitting around 35ppl I think lazy was talking about.

Absolutely.

 

[lazy farmer]

28ppl feels painful here

I’m sure it does. I’m full of admiration for all the off farm work you and family does to keep the core business on the straight and narrow.

 

[frederick]

I’m sure it does. I’m full of admiration for all the off farm work you and family does to keep the core business on the straight and narrow.

Hard as it is perhaps the Uk's pain maybe more related to your buyer than the efficiency of your business and the pain maybe great enough currently to reduce UK supply especially when including northern Ireland. It maybe that the 5% that fall out the bottom which is what you are alluding to ( and I wouldnt disagree) may come from the worst buyers, and not the worst dairy businesses which would be the better outcome for the industry as a whole.

 

[lady muck]

I’m sure it does. I’m full of admiration for all the off farm work you and family does to keep the core business on the straight and narrow.

Thank you so much. Our son is coming home soon after 4 months away at harvest and he has really missed the cows so we will see how things go. I am trying to give the kids opportunities to go away as well and live their lives. My husband never got to go away and they are still young. Could just do with the rain going away and milk price going up. We have some nice heifers in the pipeline. I would hate to see them go.

 

[lazy farmer]

Hard as it is perhaps the Uk's pain maybe more related to your buyer than the efficiency of your business and the pain maybe great enough currently to reduce UK supply especially when including northern Ireland. It maybe that the 5% that fall out the bottom which is what you are alluding to ( and I wouldnt disagree) may come from the worst buyers, and not the worst dairy businesses which would be the better outcome for the industry as a whole.

Not sure i totally agree with that businesses with poorer prices have to be more efficient in the first place.

 

[xmilkr]

Went out of milk twenty one years ago not out of choice, still interested and log in here now and then to see what you are getting paid for milk these days, i understand it is still rock bottom but reading through the threads everyone seems to be getting a differant price, so whats the average p/pl now.

 

[FarmerWasty]

35ppl atm

 

[easy farming]