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FiringOnAllFour Profile
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Ex97
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Registered: 01-2004
Location: Northern Ireland
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Re: United Dairy Farmers June Auction


Yes, I know that. That wasn't my point.

With milk powder returning more money than liquid milk at the moment, the supermarkets will have to pay higher if they want to put it on their shelves. And that is the satisfaction I was talking about.

My point also was that you shouldn't depend on the milk powder market staying strong any more than in the short term.



Last edited by FiringOnAllFour, 13/6/2007, 12:48
13/6/2007, 12:47 Link to this post PM via Email   PM via Forum
 
titantom Profile
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EX95

Registered: 03-2006
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Re: United Dairy Farmers June Auction


theres a world shortage of milk if u beleive what you read in the papers! skimmed milk powder is really short,,,hence expensive calf milk powder! china is a massive market that needs filling too and with all the problems in australia with the drought!
start running to the bank!
as with the tecso contract marks and spencer producer cannot export calves either.
13/6/2007, 13:22 Link to this post PM via Email   PM via Forum
 
Ardbarron Profile
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VG88

Registered: 09-2006
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...


Julys auction has just averaged 28.71p thats 10.97p more than the July auction last year!!

Last edited by Ardbarron, 5/7/2007, 13:00
5/7/2007, 12:59 Link to this post PM via Email   PM via Forum
 
FiringOnAllFour Profile
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Ex97
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Registered: 01-2004
Location: Northern Ireland
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Re: United Dairy Farmers June Auction


Anyone like to stab a guess at what the hike in grain is adding to our cost/litre next winter over last winter?
5/7/2007, 15:52 Link to this post PM via Email   PM via Forum
 
Gavin56 Profile
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EX93

Registered: 02-2004
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Re: United Dairy Farmers June Auction


Even £30 a tonne @0.33 kg a litre is a penny a litre rise in costs.
So a very significant portion of rises so far conceded but if we get to 21p plus then I`ll take the hikes in bank rate and feed costs and hope there`s enough left to make me better off.
6/7/2007, 0:46 Link to this post PM via Email   PM via Forum
 
Campbeltowncowboy Profile
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EX91

Registered: 03-2007
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Re: United Dairy Farmers June Auction


 Ardbaron; Although the auction averaged 28.71 what will this put onto producers milk cheques, how much of the previous auction prices have filtered down to the producers milk cheques?
6/7/2007, 9:11 Link to this post PM via Email   PM via Forum
 
FiringOnAllFour Profile
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Ex97
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Re: United Dairy Farmers June Auction


I think what is happening in Northern Ireland over the next few months will be watched with interest by those in the rest of the UK and beyond. And indeed, we will be watching with interest how English price progresses.

For those who don't know much about our small province, our milk is auctioned, so we are very open to supply and demand, particularly of commodities.

Coming from the lowest base price paid to us
April 16.5ppl
May 18ppl
June 19.5ppl

Milk sold on three months contract starting
March 17ppl
April 17.3ppl
May 20.3
June 23.16
July 26ppl
August 28.7ppl

So we have been tracking the auction fairly closely so far. Lets see what our july base will be compared to the junejulyaugust auction.

22/7/2007, 22:34 Link to this post PM via Email   PM via Forum
 
MAJESTIC1 Profile
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EX90

Registered: 12-2005
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Re: United Dairy Farmers June Auction


August auction averaged 34.66p for 29 million litres!
2/8/2007, 13:31 Link to this post PM via Email   PM via Forum
 
svennis Profile
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EX95

Registered: 02-2004
Location: Germany
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Re: United Dairy Farmers June Auction


I never really got involved with the UK milk market. So could someone please explain to me how this auction thing works?

Are the dairies auctioning their milk in one- or three-months contracts? Is the auction price the one that the supermarkets or other processors have to pay per litre?
And what price do the farmers get at the moment?

Last edited by svennis, 2/8/2007, 14:36
2/8/2007, 14:34 Link to this post PM via Email   PM via Forum
 
Gavin56 Profile
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EX93

Registered: 02-2004
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Re: United Dairy Farmers June Auction


Well I don`t know all the ins and outs , but there are both one month and three month contracts auctioned every month.

I assume that it is a delivered price , within a set area , so you probably have to knock at least 2p off to get a farm price equivalent.

I don`t think all the milk is sold this way either so the farm price will be an amalgam of all the outlets.

The interesting point is that Northern ireland has roughly doubled its production since quotas came in in 1984 and effectively all that extra quota has come out of England.

This has exaggerated their existing surplus . Is it about 20% that is needed for local liquid consumption? Might be even lower.

The point being that all those millions of litres get manufactured and exported , or sold south of the border for manufacture.

It also means that there is far less milk in England to manufacture , where the real demand is.
2/8/2007, 23:11 Link to this post PM via Email   PM via Forum
 


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