Northern Ireland Milk Price Tracker

[it's not over]

New reseed. Will sheep eat chickweed or would I need to spray

 

[Aircooled]

Depends how thick it is, crowding out the grass.
DF fixed milk price scheme no.3 out. Does anyone remember if the first one is finished?

 

[Wishful Thinker]

New reseed. Will sheep eat chickweed or would I need to spray

No needs to be sprayed. Will only tramp it in and will come back hard in spring

Depends how thick it is, crowding out the grass.
DF fixed milk price scheme no.3 out. Does anyone remember if the first one is finished?

End of December I think. What do think of the scheme? Don’t think I’ll bother. If the low price had been for 4 months of spring I would have been more tempted. 6 months just seems too long.

 

[yin ewe]

No needs to be sprayed. Will only tramp it in and will come back hard in spring

End of December I think. What do think of the scheme? Don’t think I’ll bother. If the low price had been for 4 months of spring I would have been more tempted. 6 months just seems too long.

You'll not be saying that when you're getting 20p next May.

29p for 6 months and 26p for 6 months, average 27.5p minus 0.5p winter bonus leaves us back where we started at 27p. Anyone worked out whether they would have been worse or better off over the last scheme?

 

[boumaticboy]

I kept a note of it when I was winning then it turned and stopped so I wouldn’t feel bad don’t see the point in locking for three years to 1995 prices. Needs to be 29 for 12 mths. Think I’ll take my chances

 

[thunderballs]

You'll not be saying that when you're getting 20p next May.

29p for 6 months and 26p for 6 months, average 27.5p minus 0.5p winter bonus leaves us back where we started at 27p. Anyone worked out whether they would have been worse or better off over the last scheme?

Should be 0.5 ahead of last scheme. No winter bonus on either, I think!

 

[yin ewe]

Should be 0.5 ahead of last scheme. No winter bonus on either, I think!

I think you are right, no winter bonus brings the old scheme down to 26.5.
Bank managers like fixed price deals so they know what they're getting for the next 3 years and just in case any of you were wondering it was a friends bank manager that told me.

 

[Aircooled]

No needs to be sprayed. Will only tramp it in and will come back hard in spring

End of December I think. What do think of the scheme? Don’t think I’ll bother. If the low price had been for 4 months of spring I would have been more tempted. 6 months just seems too long.

It's not great for my profile. Just worked out that 60% of my milk is produced in April- September. Will have to consider it to protect cashflow though.

 

[Mouser]

So 3 years down the line they think its acceptable to offer 0.5p better deal? A whopping 1.8% increase on a price that was crap to start with.
Apparently last scheme basically averaged the same as non scheme milk. What's the justification for the 2 different prices? Can see no reason for it from their business pov.

 

[Whitewalker]

So 3 years down the line they think its acceptable to offer 0.5p better deal? A whopping 1.8% increase on a price that was crap to start with.
Apparently last scheme basically averaged the same as non scheme milk. What's the justification for the 2 different prices? Can see no reason for it from their business pov.

I imagine it’s to level profile . It suits large all year round calving herds .

 

[Mouser]

I imagine it’s to level profile . It suits large all year round calving herds .

If they want to level profile the standard price should reflect that. If they fixed price for say 20% of the milk they supply to a customer, farmers profile will have no impact on that milk unless at some point in the year the farmer drops below 20% of average production.

 

[Whitewalker]

If they want to level profile the standard price should reflect that. If they fixed price for say 20% of the milk they supply to a customer, farmers profile will have no impact on that milk unless at some point in the year the farmer drops below 20% of average production.

An average of 27.5 pence on a level profile forward 3 years is pretty crap really in the general scheme of things.

 

[The Agrarian]

I remember seeing a county down consultant's figures of private clients a few years back. Average break even was around 28p depending on the year, but didn't vary that much.

 

[Ballygreenan]

I remember seeing a county down consultant's figures of private clients a few years back. Average break even was around 28p depending on the year, but didn't vary that much.

So break even price a few years in the past was 28ppl, a certain company are basically offering a level price of 27.5ppl for the next 3 years........ Does anyone else see a problem here?

 

[jay]

I remember seeing a county down consultant's figures of private clients a few years back. Average break even was around 28p depending on the year, but didn't vary that much.

So break even price a few years in the past was 28ppl, a certain company are basically offering a level price of 27.5ppl for the next 3 years........ Does anyone else see a problem here?

Maybe the consultant wasn't as good as he would like you to think? Either that or his counting is questionable, the average NI price has only been above 28p 4 of the last 10 years and only significantly above it in one year. His clients bankers must be more understanding than most.

 

[Ballygreenan]

Maybe the consultant wasn't as good as he would like you to think? Either that or his counting is questionable, the average NI price has only been above 28p 4 of the last 10 years and only significantly above it in one year. His clients bankers must be more understanding than most.

So let's say breakeven price for the last 3 years has been 26.5ppl, would you be happy to settle for 27.5ppl for the next 3 years? Would 1ppl be sufficient margin to cover your reinvestment and a 'profit' at the end of 6 years?

 

[The Agrarian]

I'm assuming SFP has a role to play.

 

[it's not over]

The fact that you can rent out your farm , collect the sfp and make more money lying at the fire shows how dire milk price is.

 

[Ballygreenan]

I'm assuming SFP has a role to play.

Will SFP still be here 3 years from now?

 

[it's not over]

Will SFP still be here 3 years from now?

Yes,with out it controlling farmers it would be like herding cats