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PADairymen Profile
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Ex 97 2E

Registered: 12-2009
Posts: 1676
Karma: 21 (+23/-2)
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Managing Milk Price


Hi All-

I was wondering if anyone is doing any forward contracting or margin protections. I believe we (in the US) are about to experience a big pop in the milk market. Once fall demand moves through, there will be little reason to keep milk prices at current levels. emoticon

Exports are headed to zero because of current prices.

Any thoughts?
14/9/2014, 17:03 Link to this post PM via Email   PM via Forum
 
will maxwell Profile
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Ex96

Registered: 06-2003
Location: Augher
Posts: 960
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Re: Managing Milk Price


See if you can convince Vladimir to let you send a few (million) tons of stuff his way?! emoticon

---
Please Sir, I want some more, cos as we all know 'every little helps'!
15/9/2014, 9:35 Link to this post PM via Email   PM via Forum
 
Riceton Profile
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EX93

Registered: 04-2010
Location: NE Ohio
Posts: 333
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Re: Managing Milk Price


With the new margin protection program I will not be forward contracting, just using the margin program. Looks like a very good tool for USA farmers,especially if under 4 million pounds a year with the reduced premiums.

---
"Where Lifetime production matters"
15/9/2014, 14:26 Link to this post PM via Email   PM via Forum
 
foxleigh Profile
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Ex97
True blue dinky-di maverick


Registered: 06-2003
Location: southern,oz
Posts: 2938
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Re: Managing Milk Price


we actually signed a 3 year contract with our milk company with a guaranteed MINIMUM price on a cents/litre basis so that at least we have some idea where we are going
16/9/2014, 3:02 Link to this post PM via Email   PM via Forum
 
PADairymen Profile
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Ex 97 2E

Registered: 12-2009
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Re:


milk production up 4.1% in September. Uh oh.
21/10/2014, 1:20 Link to this post PM via Email   PM via Forum
 
will maxwell Profile
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Ex96

Registered: 06-2003
Location: Augher
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Re: Managing Milk Price


So it would appear that there are eejits (fools) in your country as well as here, pumping out MORE milk in a time of falling prices!! When will we begin to grasp the concept of supply and demand??

---
Please Sir, I want some more, cos as we all know 'every little helps'!
21/10/2014, 9:51 Link to this post PM via Email   PM via Forum
 
Buckeye Profile
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Cowtalk Staff

Registered: 03-2005
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Re: Managing Milk Price


We are as guilty as anyone. We normally milk around 120-125, we have run at 132 really all year.

Beef price has kept the market somewhat in check and we had record prices. Let's see how this shakes out. I suspect that the beef market will absorb a lot of the price drop.

---
Buckeye seems like a one man wrecking crew out to rid the world of injustice. ----- Mayjay
21/10/2014, 12:45 Link to this post PM via Email   PM via Forum
 
PADairymen Profile
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Ex 97 2E

Registered: 12-2009
Posts: 1676
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Re:


What bout California? Feed supplies are limited and milk prices dropping in a drought. I can't see them holding onto cows.
21/10/2014, 16:05 Link to this post PM via Email   PM via Forum
 
Buckeye Profile
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Cowtalk Staff

Registered: 03-2005
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Re: Re:


Cows will hit the yards quickly in California.

---
Buckeye seems like a one man wrecking crew out to rid the world of injustice. ----- Mayjay
21/10/2014, 18:27 Link to this post PM via Email   PM via Forum
 
bazza20 Profile
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Ex 97 2E

Registered: 07-2009
Posts: 1983
Karma: 30 (+32/-2)
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Re:


Milk factories here still telling us they want more and more milk. Infact offering bonuses for those that can increase production.
25/10/2014, 4:43 Link to this post PM via Email   PM via Forum
 


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