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Dairy Farming
Milk Price Tracker
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<blockquote data-quote="farmer on a bike" data-source="post: 3392196" data-attributes="member: 295"><p>That is not correct Arla are not taking any debt to operate the system. It is operated within the co-op. </p><p></p><p>All the money is allocated each month using the exchange rate conversion based on average of previous 8 quarters for Sweden & UK. So if currently the exchange rate is lagging for the UK as now, then is slightly boosts the overall euro price Arla pay. </p><p></p><p>As it happens Sweden are slightly on the up side so that tends to balance the situation so the overall euro price paid would not change much if we went to say a one quarter average, just the UK price would increase and the Swedish price decrease. 12 months ago the situation was exactly the opposite.</p></blockquote><p></p>
[QUOTE="farmer on a bike, post: 3392196, member: 295"] That is not correct Arla are not taking any debt to operate the system. It is operated within the co-op. All the money is allocated each month using the exchange rate conversion based on average of previous 8 quarters for Sweden & UK. So if currently the exchange rate is lagging for the UK as now, then is slightly boosts the overall euro price Arla pay. As it happens Sweden are slightly on the up side so that tends to balance the situation so the overall euro price paid would not change much if we went to say a one quarter average, just the UK price would increase and the Swedish price decrease. 12 months ago the situation was exactly the opposite. [/QUOTE]
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