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EX91
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Registered: 03-2007
Posts: 238
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New Milk Price Formula


What do other Cowtalkers think of the new proposals by NFUs for a price formula for producers that is based on 80% MCVE (milk for cheese equivalent) and 20% AMPE (actual milk price equivalent)?
This would deliver a price just now of around 32p which is where the market should be, is it time for producers to co-operate and bring a much needed return for all in the industry?
What formulas do other countries use?
2/5/2011, 13:19 Link to this post PM via Email   PM via Forum
 
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Ex97
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Registered: 11-2006
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Re: New Milk Price Formula


This formula would have delivered much higher returns over the last twelve months with world markets and constituent prices surging ahead of contract prices. However, I would be interested to know how it would perform in a year when open market prices were dropping rapidly.

That said almost any formula might be better than the continued failure of the current situation to deliver market related returns.

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2/5/2011, 17:35 Link to this post PM via Email   PM via Forum
 


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