• About
  • Advertise
  • Careers
  • Contact
  • Cookie Policy (EU)
Thursday, July 7, 2022
  • Login
No Result
View All Result
NEWSLETTER
Tipperary Times - Tipperary News as it Happens
  • Local News
  • Community
  • Business
  • Farming
  • Politics
  • Education
  • Life Style
  • Jobs
  • Sport
  • Local News
  • Community
  • Business
  • Farming
  • Politics
  • Education
  • Life Style
  • Jobs
  • Sport
No Result
View All Result
Tipperary Times - Tipperary News as it Happens
No Result
View All Result
Home Business Farming

EARLY CALVING BONUSES WELCOME, BUT CO-OPS MUST NOT LOSE SIGHT OF BASE MILK PRICE

by Ger Ryan
February 8, 2020
in Farming
0
LIQUID MILK IS BEING UNDER-REMUNERATED – ESPECIALLY FOR THOSE PAID FLAT OVER THE WINTER MONTHS – FINN
0
SHARES
Share on FacebookShare on Twitter

Speaking after the first IFA National Dairy Committee meeting of 2020, the Chairman Tom Phelan said the Committee had clearly identified a minimum 1c/l as a realistic and justified base price increase for January milk.

All market indicators suggest base price increases are fully justified, including the Ornua PPI, and board members, especially in some co-ops paying early calving bonuses, must not lose sight of the importance to farmers of base milk prices.

“In a number of co-ops, long established or newly introduced unconditional early calving bonuses are paid in the early months of the year to encourage earlier production.  Those are about influencing farmer behaviour, and are very much welcomed as they boost poor milk cheques at a time when volumes and solids are seasonally low and costs are high.  However, they have nothing to do with market returns and co-ops must not lose sight of the importance of base prices,” he said.

“We have demonstrated that the most relevant market indicators for dairy commodities relevant to the Irish product mix have risen substantially since last August, yet the milk price league suggest an average milk price rise of just over 1c/l, with the main co-ops having increased milk prices by around 2c/l (see graph overleaf).  The January Ornua PPI, which returns a milk price of 33.5c/l incl VAT, makes it clear that the December average milk price of 31.1c/l incl VAT must be upped for January, with further increases necessary and justified before large volumes of milk start to flow,” he said.

“National Dairy Committee members will this month lobby their co-op board members to ensure they prioritise those badly needed, and fully justified, milk price increases this month and before peak,” he concluded.

Next Post
FARMERS SHOULD REJECT LOW FACTORY PRICE QUOTES FOR LAMB

NEXT GOVT HAS TO GET SERIOUS ABOUT DOG ATTACKS ON SHEEP - IFA

© 2021 An AMV Publication - Agency Partner Trigger Media.

No Result
View All Result
  • Home
  • Community
  • Local News
  • Business
  • Tipperary Sport
  • Farming
  • Obituaries
  • Education
  • Entertainment
  • Health
  • Life Style
  • Opinion
  • Politics
  • Contact

© 2021 An AMV Publication - Agency Partner Trigger Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent
We use cookies to optimize our website and our service.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}