Reality of a No Deal Brexit

[Bald Rick]

Received a letter today (in common with other Glanbia Cheese suppliers) from Paul Vernon, CEO of Glanbia & current chair of Dairy UK, the trade body.

The message in it is stark.

IF the Spaffmeister does indeed pull the UK out of Europe without a deal, cheese sales to the EU will incur a tariff of Euro 1852/tonne or the equivalent of 18ppl. Imports however will attract ZERO tariff (in this case for Mozarella) allowing Glanbia's competitors to trade into the UK without impediment .

In light of this, the letter informs me that Glanbia cannot set their November milk price until they have confirmation of what the future trading scenario is going to be.

Basically, if we have a no deal Brexit, I will be handing the keys to the farm to the bank PDQ.

What a total f**k up

 

[Beef farmer]

An element of scare mongering an element of truth.

 

[Blue.]

Different from my dairy’s take on things,boss told me it’s going to be the biggest non event ever.

 

[jondear]

We won't leave !I've been thinking this for a long time now .

 

[ollie989898]

Received a letter today (in common with other Glanbia Cheese suppliers) from Paul Vernon, CEO of Glanbia & current chair of Dairy UK, the trade body.

The message in it is stark.

IF the Spaffmeister does indeed pull the UK out of Europe without a deal, cheese sales to the EU will incur a tariff of Euro 1852/tonne or the equivalent of 18ppl. Imports however will attract ZERO tariff (in this case for Mozarella) allowing Glanbia's competitors to trade into the UK without impediment .

In light of this, the letter informs me that Glanbia cannot set their November milk price until they have confirmation of what the future trading scenario is going to be.

Basically, if we have a no deal Brexit, I will be handing the keys to the farm to the bank PDQ.

What a total fudge up

I don't know anything about Glanbia but I do know other cheesemakers have been stockpiling cheese in Europe and marketing to other countries outside the EU very heavily. Can I ask why this has not been done by your buyer?

 

[buffalo_soldier]

How much of their product do they export?

 

[lazy farmer]

I don't know anything about Glanbia but I do know other cheesemakers have been stockpiling cheese in Europe and marketing to other countries outside the EU very heavily. Can I ask why this has not been done by your buyer?

You mean like barbers who will now be absolutely hammered by the wto airbus decision?

 

[ollie989898]

You mean like barbers who will now be absolutely hammered by the wto airbus decision?

Did the WTO do this? I thought Trump did it.

 

[lazy farmer]

Did the WTO do this? I thought Trump did it.

Nope this has been done properly

 

[Clive]

Basically, if we have a no deal Brexit, I will be handing the keys to the farm to the bank PDQ.

bet you won't


remember the millennium bug? GDPR ? etc ......................

 

[ollie989898]

Nope this has been done properly

Some of us have been pointing out that the EU is heavily protectionist and fear this move is just the beginning.

 

[Bald Rick]

How much of their product do they export?

40% in to EU and are in the process of putting up a new mozzarella plant in RoI to get around Brexit to be operational by 2021

 

[Bald Rick]

bet you won't


remember the millennium bug? GDPR ? etc ......................

I will be if Glanbia use a hard Brexit to hammer the price down by over 10ppl (based on B&W). No one can sustain a milk price of 16ppl or less and we certainly wouldn't be able to.
You have to remember that we are price takers and Dairies are trading on such fine margins that any excuse they have to drive the price down, they will seize with both hands

 

[Headless chicken]

I will be if Glanbia use a hard Brexit to hammer the price down by over 10ppl (based on B&W). No one can sustain a milk price of 16ppl or less and we certainly wouldn't be able to.
You have to remember that we are price takers and Dairies are trading on such fine margins that any excuse they have to drive the price down, they will seize with both hands

Had the same conversation with dad earlier. I shan’t be on a one man mission to supply the world with milk to make cheese to have my pants pulled down and rogered. I have a contingency plan in the event of this sh!t storm becoming reality. There is nothing left in the pot to give with everyone I speak to.

 

[Beef farmer]

Had the same conversation with dad earlier. I shan’t be on a one man mission to supply the world with milk to make cheese to have my pants pulled down and rogered. I have a contingency plan in the event of this sh!t storm becoming reality. There is nothing left in the pot to give with everyone I speak to.

Whats the contingency plan?

 

[ollie989898]

bet you won't


remember the millennium bug? GDPR ? etc ......................

You would have thought the millennium bug was no surprise- only 2000 years knowing it was coming?

 

[lazy farmer]

What i Find surprising is that this appears to be new information to some suppliers.

 

[Homesy]

We currently import more Mozzarella than we export, mostly from Denmark and Holland. If trade stopped now we would have a deficit of 48000 tonnes or over 450000 litres of milk. There will be no tariffs of UK produce to UK consumers. If there is a no-deal Brexit the pound will most likely weaken. If Glanbia cannot compete with imports then or now for that matter, you have to ask them what the hell they are playing at. Why will consumers pay more for imported Mozzarella than UK produced ? Ask Ganbia.
They are Irish owned. Go figure. Scaremongering IMHO

 

[puffy]

https://twitter.com/i/web/status/1177599489709940741

This NFU tweet neatly sums up the problem. EU tariffs that have protected UK farmers for years are about to be turned against us. The UK government is so terrified of rising food prices they've set import tarriffs low not just to the EU but the whole world.

We loose access our main export market and open our domestic market up to the world at a stroke - not good!

 

[Beef farmer]

We currently import more Mozzarella than we export, mostly from Denmark and Holland. If trade stopped now we would have a deficit of 48000 tonnes or over 450000 litres of milk. There will be no tariffs of UK produce to UK consumers. If there is a no-deal Brexit the pound will most likely weaken. If Glanbia cannot compete with imports then or now for that matter, you have to ask them what the hell they are playing at. Why will consumers pay more for imported Mozzarella than UK produced ? Ask Ganbia.
They are Irish owned. Go figure. Scaremongering IMHO

A better post will not be found