Northern Ireland Milk Price Tracker

Ballygreenan

Member
Location
Tyrone NI
I was thinking about this today. We're all currently on around 24.5ppl give or take, which is similar to the price paid 25 years ago. To be close to that and close to this notional thing my accountant talks about - pro-fit - or whatever it is, our average price now should be 34.5ppl with seasonal spikes to 40/41ppl and extreme lows of 28/29ppl.

Don't get too excited by the 'winter bonus' regardless of whether you get 3p for 2 months or 2p for 3 months, your chosen processor has had that off you 3x over!

One is made to feel increasingly like Oliver Twist, "please sir, can I have some more"!
 

Agrifool

Member
Ballygreenan while I agree with you that returns need to be better, but to make a contrast with past prices is not reflected accurately, as in the past we had quotas in place which at times was as high as 60p/l to purchase, just for the right to produce extra milk. This added greatly to the debt that farmers had to carry putting a considerable amount onto production costs.
 

Stuart1

Member
I was thinking about this today. We're all currently on around 24.5ppl give or take, which is similar to the price paid 25 years ago. To be close to that and close to this notional thing my accountant talks about - pro-fit - or whatever it is, our average price now should be 34.5ppl with seasonal spikes to 40/41ppl and extreme lows of 28/29ppl.

Don't get too excited by the 'winter bonus' regardless of whether you get 3p for 2 months or 2p for 3 months, your chosen processor has had that off you 3x over!

One is made to feel increasingly like Oliver Twist, "please sir, can I have some more"!

But sure if we’d peaks of 40/41p then conacre would be £500. Land would double in prices. Heifer prices would be through the roof. Meal would be £400 a tonne. Regardless tho I’m still sitting here thinking how many holidays I’d go on with a 40p milk cheque
 

Cowcorn

Member
Mixed Farmer
The quota years,regardless of your quota situation were must more profitable, money for real projects,they have us were they want us,just enough to stay alive, survival depends on ever increasing cow numbers,
Correct, the beauty about the Qouta system was YOU owned it not the co op or dairy and that put the farmer in a the driving seat . Decent winter milk bonus and no volume requirement even a small herd could give a decent living . Supply control worked and in years to come it will be returning . The current milk price wont generate much profit as costs continue to rise and more litres will only force prices down. As someone who grew up with the chaotic boom and bust potato cycle i never seen " extra acres " solve anything but a really poor year which forced a large reduction in acreage produced decent returns . Come to think of it my late father used to say " bank managers set the price of spuds depending on how much cash the would lend to gamble " Milk is headed the same way i fear
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 80 42.3%
  • Up to 25%

    Votes: 66 34.9%
  • 25-50%

    Votes: 30 15.9%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 7 3.7%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,293
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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