Ian Potter Associates Weekly Bulletin 7th April 2017
Issue No: 894
Today / Last Week / Change / 4 Weeks Ago / 1 Year agoProducers in E & W / 9,446 / 9,464 / -18 / 9,464 / 9,598
£ : $ / 1.25 / 1.24 / +0.01 / 1.21 / 1.41
£ : € / 1.17 / 1.15 / +0.02 / 1.13 / 1.24
Crude Oil / $55.59 / $52.79 / +$2.80 / $51.24 / $41.77
AMPE / 27.8 (March) / 28.3 (February) / 15.5 (March)
MCVE / 32.1 (March) / 32.3 (February) / 16.2 (March)
(Commodity and currency prices – source ForFarmers)
For more information about feed prices and market trends visit www.forfarmers.co.uk or contact ForFarmers DML: 0870 0500306
AVAILABLE ENGLISH BPS ENTITLEMENTS
No. of Ent’s / Entitlement / Price/Entitlement / Use by date3.8 / NSDA / £170 ono / 2018
9.93 / NSDA / £180 ono – No VAT / 2018
23.0 / NSDA / £165 ono / 2017
9.07 / NSDA / £170 ono / 2018
All Entitlements are subject to availability and vendor acceptance:
If you are looking to sell or purchase English Entitlements please contact Jacquey at the office - Tel. No. 01335 324594 – Email
2016 Subsidy Payment Comparison (2015 in brackets)
Exchange Rate / 0.85228 (0.73129)Non SDA / £211.64/ha (£178) or £85.65/acre (£72)
SDA / £210.11/ha (£177) or £85.03/acre (£72)
Note, all standard litre prices are those quoted by www.milkprices.com and are based on the following:
The liquid standard litre 4% bf, 3.3% protein, 30,000/ml Bactoscans, 200,000/ml SCC, 1 million litres a year on EODC but before seasonality, monthly profile payments, balancing, B price additions, capital retentions or annual incentive schemes.
The manufacturing standard litre is to exactly the same specification with the exception of 4.2%bf and 3.4% protein.
0.32ppl milk price increase for suppliers aligned to the Co-Op Dairy (Muller) – From 1st May
This increase is for the next quarter May to July inclusive and takes producers standard liquid price to 27.9ppl. (www.milkprices.com)
Crediton Dairy stands on with its suppliers ex farmgate milk price – until the 1st June which maintains the current standard liquid litre price at 28.5ppl. (www.milkprices.com)
Creditons B litre milk price will change from May 1st to AMPE minus 2ppl as opposed to the current AMPE minus 1ppl.
1.25ppl milk price cut for Barbers suppliers – From 1st May
This takes producer’s standard manufacturing/cheese litre price to 29.05ppl and 28.85ppl for a standard liquid litre (www.milkprices.com)
0.75ppl milk price cut for Pensworth suppliers
This takes producers standard liquid litre price to 26.5ppl. (www.milkprices.com)
0.4ppl milk price cut for Meadow Foods suppliers – From 1st May
We calculate this will result in a standard liquid litre price of 27.15ppl.
Freshways milk price cut is unknown but will be capped at a maximum 0.39ppl for May suppliers
Freshways wrote to its producers on the 31st March informing them of a May price cut claiming that all 5 companies which make up the Freshways current basket have reduced their price.
Ian has requested Freshways clarify which Companies have reduced the basket price because as at the date of the letters Ian believes a maximum of 2 out 5 have reduced their farmgate milk price (Arla and Paynes). Indeed the attachment with the letter appears to confirm this. The price cut will not exceed 0.396ppl.
GDT Auction average up 1.6%
Noteable movers were:
WMP up 2.4% to average US $2924 tonne
SMP down 0.8% to average US $1913 tonne
Butter down 1.8% to average US$4751 tonne
Cheddar down 4.4% to average $3288
More SMP goes into Intervention
It’s not encouraging news to hear that 472 tonnes of SMP from Poland has already gone into intervention stores.
Southern Irelands February milk production was down 7.8%
Southern Irelands February production was down 22.3 million litres (-7.8%).
Award for the most money raised for UK Cancer Charities
Ian & Carole scooped the award for being the team (English Bulldogs on Tour) which raised the most money for the two Cancer charities in last weekend’s final Regis Classic car Tour to Holland.
So a huge Thankyou to the 62 readers who donated. Note a very significant proportion of the money Ian and Carole raised was directed by readers to fighting Male Cancer.
Below is a photograph of Ian & Carole receiving their Awards with organiser Ali Green who has been key to the annual event for 20 years. Please note Ali isn’t as squashed and sandwiched between Ian and Carole as the picture perhaps indicates! Also attached is a great photograph of the duo in action in their 1963 Mini Cooper S running along the canal between traditional Dutch windmills.
Ian will confirm how much they raised when the giving page closes but as at todays date it amounts to £2,575 plus £314 Gift Aid. Total £2,889 with more money received by cheque than on line.
Ian & Caroles giving page will remain open for any last minute bulletin reader donations.
If you haven’t sponsored then please give a little now by donating on line by clicking on:http://uk.virginmoneygiving.com/fundraiser-web/fundraiser/showFundraiserProfilePage.action?userUrl=EnglishMiniBulldogsOnTour&isTeam=true
OR
Send a cheque(s), made payable to either:
“Orchid” (Fighting male cancer)
Or
“Against Breast Cancer”
Please sponsor Ian & Carole where you can, and don't forget you can increase the amount you donate with Gift Aid (individuals only, not companies).
Also a big thankyou to EDP Photo News UK and Steve Carpenter for taking the photographs and allowing us to reproduce them.
Few things in life are for free & if you enjoy reading this bulletin then please give us a chance to quote next time you order livestock tags!
We have a fantastic bulk deal on BVD tags and are now offering them at incredibly competitive prices! We also offer a full range of visual livestock tags. Please don’t hesitate to call the office on 01335 320016 or email for more information, alternatively go to our website http://www.ipaquotas.com
BVD Tag Permutations / Ian Potter Associates PriceLarge & Large / £4.30
Large & Button / £4.30
Large & Metal / £4.30
Medium & Medium / £4.30
Medium & Button / £4.30
Medium & Metal / £4.30
Match up tag / £4.20
Large BVD tag Only / £4.20
Management BVD / £4.20
Applicator / £15.00 (free with large orders)
Remember this bulletin at the moment continues to be available free of charge and takes Ian the team considerable time to produce. The only encouragement to keep producing it is a combination of enthusiasm as well as tag sales enquiries from our readers.
All views expressed in this bulletin are those of Ian Potter Associates and a shed load of dairy farmers. It is necessarily short and cannot deal with various issues that arise in any detail. As a result it must not be relied on as giving sufficient advice in any specific case. Every effort has been made to ensure the accuracy of the content but neither Ian Potter Associates nor Ian Potter personally can accept any liability for any errors or omissions. Professional advice must always be taken before any decision is reached.