Northern Ireland Milk Price Tracker

The Agrarian

Member
Mixed Farmer
Location
Northern Ireland
Well ok. The bare facts are that a price for April milk has been printed and distributed to members, and that it applies only to April's milk, in order to help with financial planning approaching peak. Members are advised not to expect a recurrence of this forward advice.

My suggestion (and speculation if you wish to call it that) is that this is absolutely the way our members want and need to approach the selling of their goods to the dairy. How many other businesses blindly deliver 100% of their goods for an unknown price, weeks before receipt of payment? It is completely ludicrous. This is a first for a dairy here to print a price well in advance of payment. It's a brave step, and I'm pleased it's our guys who took it. If the move is successful, then presumably the members will be eagerly looking for this to be built upon going forward.
 
How long did you know the price before it was announced. My friend in Scotland knows his price for may milk. That's progressive. It's OK a pat on the back for the dairy but milk is a very poor price at 25p. Why would I invest in milk at this moment. I need a complete new cow house and palour but the confidence is not there. I'm getting old waiting. Milk good medium to long term. Spin. Keep us at the coal face. Cheap food keeps the peasants happy.
 

The Agrarian

Member
Mixed Farmer
Location
Northern Ireland
Not sure if you understood. I said it was announced in a letter...

Your Scots friend gets much better information, as do most dairy producers on the mainland. We need and deserve that too, and I've been saying that for ages. The auction used to provide at least an approximate guide to where price should be for the milk month before we started to produce it. There has been an awful void of price information since then. I hope this will be the first step in restoring a proper information stream on expectations for price, BEFORE we produce the goods.

It's no pat on the back. As producer members, we have the equity-backed democratic right to lobby our board representatives on issues that are important to us. But hand in hand with that goes the responsibility to share with them our satisfaction with the things we believe they are getting right. If we as members don't play our part fairly in this, i think it undermines the potential for good understanding and communication between management, board and the members. We do want them to succeed on our behalf, after all!

Do you feel like your buyer treats you like a patient on life support - just drip feeding enough to keep the milk flowing in?
 

yin ewe

Member
Livestock Farmer
Location
Co Antrim
Good move from Dale Farm IMO. Fed up finding out the milk price on here or some other media before me (a shareholder in the business) received the milk cheque. I hope they can continue to do this on a monthly basis. Mr Whelan seems to have made a few changes since coming in, some good and some maybe not so good, but he does appear to be more farmer friendly.
 

jay

Member
Location
Co Down NI
It's OK a pat on the back for the dairy but milk is a very poor price at 25p. Why would I invest in milk at this moment. I need a complete new cow house and palour but the confidence is not there. I'm getting old waiting. Milk good medium to long term. Spin. Keep us at the coal face. Cheap food keeps the peasants happy.
The medium to long term view has been good since I left school, don't expect the processors to say anything else. What price would you need to commit to investment? 2 years ago the 10 year average price for the UK was 25p, by the end of last summer it was 24, I'm not saying that that's a good price but it's probably a reasonable number to do investment calculations on.
 
The medium to long term view has been good since I left school, don't expect the processors to say anything else. What price would you need to commit to investment? 2 years ago the 10 year average price for the UK was 25p, by the end of last summer it was 24, I'm not saying that that's a good price but it's probably a reasonable number to do investment calculations on.
Commonly read phrases from the last 10 yrs - 'short term volatility', 'medium to long term prospects good', 'growing global population and westernisation of diets leading to increases in demand for dairy products'. All meaningless if the supply of milk is greater than the demand.
The 24p sounds about right too Jay, although don't forget to halve your sfp too to be on the safe side. Now that I've depressed myself I best go out to the garden for some therapy!
 
Good move from Dale Farm IMO. Fed up finding out the milk price on here or some other media before me (a shareholder in the business) received the milk cheque. I hope they can continue to do this on a monthly basis. Mr Whelan seems to have made a few changes since coming in, some good and some maybe not so good, but he does appear to be more farmer friendly.
Are we not your friends
 

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