Grain prices

Discussion in 'Tillage' started by gone, Oct 21, 2013.

  1. nashmach

    nashmach Well-Known Member

    Joined:
    Feb 22, 2010
    Messages:
    42,553
    Location:
    Wexford, Ireland
    Can someone remind me, who owns the agribusiness division? I know it was not included in a spinoff.

    So could one argue that the PLC are using this to raise the valuation for a future sale to the coop?

    The whole thing with these topups sucks, pay the best price you can and customers will come or not. If independents both big and small can do it why can't the biggest grain purchaser in the country do it?

    I'd Also like to know how committed are they really. They have outsourced a lot of drying and grain storage in recent years.
     
    Mf240 likes this.
  2. 6600

    6600 Well-Known Member

    Joined:
    May 16, 2011
    Messages:
    2,374
    Location:
    Wexford
    I should also say that inputs bought by a member of a purchasing group are either not counted or discounted by a % when calculating the 'loyalty' bonus. How they can get away with that kind of pricing structure by hiding behind co-operative rules is beyond me.
     
    Mf240 and Bog Man like this.
  3. humungus

    humungus Well-Known Member

    Joined:
    Apr 25, 2011
    Messages:
    4,333
    Location:
    wexford
    the co op bought the agri division 2 yrs ago (or were lumbered with it ) against most members wishes but it was thrown in when a few bob was on offer so they voted for it
     
    Mf240 likes this.
  4. nashmach

    nashmach Well-Known Member

    Joined:
    Feb 22, 2010
    Messages:
    42,553
    Location:
    Wexford, Ireland
    My mistake, I remember that now the PLC were delighted to be rid of a low margin business no doubt....
     
  5. Bog Man

    Bog Man Well-Known Member

    Joined:
    Oct 16, 2009
    Messages:
    9,265
    Location:
    Carlow
    Probably included the pension liabilities as well as prime properties in Spink and outlying areas .
     
  6. Iggy

    Iggy Well-Known Member

    Joined:
    Feb 27, 2014
    Messages:
    588
    Location:
    Ballybrittas Laois
    The lad I sometimes drive for Noons transport, says Glanbia are very difficult to work for. If diesel drops in price their rates get cut over night but if diesel goes up it could be weeks before they get an increase in rates. There is always arguments about mileage and some loads he never gets payed for. But it is constant work and about 85% of his work is with the mill in Portlaoise.
     
    Peter, nashmach, diesel power and 2 others like this.
  7. humungus

    humungus Well-Known Member

    Joined:
    Apr 25, 2011
    Messages:
    4,333
    Location:
    wexford
    it was the third time they,d tried to offload it to co op but this time they tied it in to the spin off, omce money was involved they,d have voted for POL POT
     
    Mf240, 6600 and nomoneyhere like this.
  8. bagenal

    bagenal Well-Known Member

    Joined:
    Oct 5, 2013
    Messages:
    1,870
    Location:
    Carlow
    Walsh's in Kilkenny are supposedly flat out making foodstuffs for Glanbia with their own mills blockaded. Glanbia are somehow tied in with Walsh's in Grassland.
    Another place to picket or buy fertiliser elsewhere?
     
  9. gone

    gone Well-Known Member

    Joined:
    Jan 16, 2011
    Messages:
    7,124
    Location:
    CW. southeast Ireland
    I'm off on the beer, €1 / ton, the grain committee were easy bought.
     
    nashmach and bagenal like this.
  10. bagenal

    bagenal Well-Known Member

    Joined:
    Oct 5, 2013
    Messages:
    1,870
    Location:
    Carlow
    Where ya heading for? :drunk:
     
    gone likes this.
  11. gone

    gone Well-Known Member

    Joined:
    Jan 16, 2011
    Messages:
    7,124
    Location:
    CW. southeast Ireland
    I was in Arles before I heard they had capitulated for €1. Rang a friend and are settling in for the night in the Halfway Ardattin.
     
    Rebelman, CORK and bagenal like this.
  12. MF30

    MF30 Well-Known Member

    Joined:
    Mar 18, 2014
    Messages:
    2,812
    Location:
    Wexford
    I hope the growers don't forget that next spring, I'd never be as glad for a rep to call into the yard selling fert....
     
    gone likes this.
  13. Rebelman

    Rebelman Well-Known Member

    Joined:
    Apr 5, 2014
    Messages:
    312
    Don’t go mad on it.....at €1 it’ll take well over an acre to pay for every pint!!
     
    nashmach, diesel power, gone and 2 others like this.
  14. nashmach

    nashmach Well-Known Member

    Joined:
    Feb 22, 2010
    Messages:
    42,553
    Location:
    Wexford, Ireland
    Was anybody listening to people on the ground, it wasn't the shareholders price was the big issue but the non shareholders prices....

    I thought someone had a misprint somewhere earlier.:rolleyes2:
     
    TAFKAT and gone like this.
  15. gone

    gone Well-Known Member

    Joined:
    Jan 16, 2011
    Messages:
    7,124
    Location:
    CW. southeast Ireland
    There is no problem paying someone off if you use their own money.
     
    Mf240, jf 850 and nashmach like this.
  16. TAFKAT

    TAFKAT Well-Known Member

    Joined:
    Aug 9, 2019
    Messages:
    787
    I thought George Orwell was dead too, but reading the press release it's like something he would have scripted for the pigs to come out with in Animal Farm.
     
    Mf240, Funkeyfarmer, jf 850 and 4 others like this.
  17. ithastopay

    ithastopay Well-Known Member

    Joined:
    Jun 30, 2012
    Messages:
    5,402
    Location:
    westmeath
    Bankbia.
     
    Bog Man likes this.
  18. gone

    gone Well-Known Member

    Joined:
    Jan 16, 2011
    Messages:
    7,124
    Location:
    CW. southeast Ireland
    The grain market rally because of the softening of US / China trade relations will make the Grain Committee look even more stupid and out of touch.
     
    laoisfarmer and dmaxman like this.
  19. nashmach

    nashmach Well-Known Member

    Joined:
    Feb 22, 2010
    Messages:
    42,553
    Location:
    Wexford, Ireland
    I also hadn't realised that these price increases only apply To barley and wheat too.
     
  20. gone

    gone Well-Known Member

    Joined:
    Jan 16, 2011
    Messages:
    7,124
    Location:
    CW. southeast Ireland
    I sold 250 tons, part of a larger group sale, forward last Christmas to CR Wynnes, I supplied 260 ton, some had poorish KPH, no problem, took the very good with the very average.
    I was hoping to get €43,000.00 odd after deductions, I got €45,000.00 odd. Very pleased, a pleasure dealing with them.
     
  21. jay gatsby

    jay gatsby Well-Known Member

    Joined:
    Jan 30, 2014
    Messages:
    1,613
    Location:
    Laois
    Nice to hear. Their harvest price normally isn't much to write home about if I'm right? I didn't hear their price this year though. They are close to us and we buy a small bit of meal from them but only ever supplied a load or two of barley . A couple of neighbours work there and it seems to be a good place to deal with for farmers and workers.
     
    CORK and gone like this.
  22. gone

    gone Well-Known Member

    Joined:
    Jan 16, 2011
    Messages:
    7,124
    Location:
    CW. southeast Ireland
    I'd say their base price wouldn't make you up, but they are willing to do deals.
     
    diesel power and jay gatsby like this.
  23. CORK

    CORK Well-Known Member

    Joined:
    Nov 15, 2011
    Messages:
    12,732
    Location:
    East Cork, Ireland
    Well done. As a supplier to them, I’d hold them in very high regard.
     
    gone likes this.
  24. Bog Man

    Bog Man Well-Known Member

    Joined:
    Oct 16, 2009
    Messages:
    9,265
    Location:
    Carlow
    Very high standards . A Haulier told me delivering grain from CR Wynnes to. Other mills he never got turned back because of insect or infestations but he had from every other merchants store.
     
    CORK likes this.
  25. Barrowsider

    Barrowsider Well-Known Member

    Joined:
    Oct 17, 2016
    Messages:
    1,224
    Location:
    East Laois
    They asked us not to come back with any more of our poor spring barley at the tail end of harvest 2012. As a result we started buying cattle feed from them the following winter and have done so each winter since. Except for premium contracts elsewhere they got all our grain this year and paid a respectable price agreed this week. A pleasure to deal with.
     

Share This Page