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Post by dutchy 72t on Jan 30, 2009 2:51:24 GMT 12
disappointed in Fonterra? I'm a bit disappointed in some of the uninformed people leaving messages here... There is much to this story that on one thread could not be explained, but before any mud is thrown in the direction of Fonterra or it's shareholders please understand what is actually happening in the dairy industry as they already seem to find themselves the target of too many unsubstantiated claims generally leaving a far from positive picture painted of the dairy industry...
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Post by nogrip-31gm on Jan 30, 2009 5:30:13 GMT 12
but its not just the dairy industry getting the squeeze this year..tourism has been biatch slapped...thats why i changed jobs when i could,the tourist numbers are down..i would say its a worldwide thing at the moment...
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Post by kermit74 on Jan 30, 2009 7:57:55 GMT 12
I work for Fonterra and cop the odd bit of crap about it from current and ex farmers I know..the majority of farmers I know are pretty good but you do get the odd whinging one....yes the pay out is not as high as some farmers would like ...but that is part of the farming bussiness...when Fonterra had a record pay out was made last year I didnt hear alot of farmers yelling from the roof tops at how good Fonterra was for having a payout that good ...but they do when the payout is poor...for a good payout ,Fonterra has to sell thier product..it is a known fact that at present Fonterra customers are not buying milk powder at levels they used to...talk to trucking companies that are looking for storage...they cant find it because Fonterra is taking all the storage they can get to store unsold powder...if they cant sell the powder they dont make money..if they dont make money how can they pay out more money to the farmer??? I have a simple solution for the farmers that dont like the payout...change jobs Like I said at the start ..I work for Fonterra (Supervisor) , I admit I also get paid what I consider really well , I work 4 days on / 4 days off..to get paid well I have to work night shifts and week ends..I miss speedway meetings I would love to go to because of this but that is part of my job...An ex farmer I know is always going on how Fonterra is ripping farmers off, how I get so many days off and get paid so much...my reply to him is the same as above...If he thinks I am getting more than him then get a job at Fonterra (there's lots off them advertised on thier website)...when the same guy gets told that I am working two 12 hour night shifts on a weekend his reply is stuff that..dont want to do that...everybody has to give up some things to get other things....you cant always have both If you are a farmer and dont like the payout...change dairy companies you supply or change jobs...everyone remembers the bad poy outs but not the good ones..... If you dont like the price of the Fonterra cheese and milk then buy one of the cheaper brands...no one is forcing you to buy Fonterra's products... Finally a question for those people that reckon the farmers are getting ripped off by Fonterra...If Fonterra dropped all its prices on its products it would make less profit...if they make less profit the farmers will get an even smaller payout...would those same people feel sorry for the farmers while they are buying thier cheaper cheese and milk?  |
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Post by Deleted on Jan 30, 2009 7:59:35 GMT 12
It doesn’t take a rocket scientist to understand Fonterra’s low payout is certainly not all its fault.
Dairy farmers/contractors are not rocket scientists, but they are entitled to their opinion.
Sadly there may still be even more pain and suffering to come, particularly for those with limited cash reserves.
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Post by woodart on Jan 30, 2009 9:06:07 GMT 12
I blame george bush and the oil speculators |
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Post by tank11 on Jan 30, 2009 12:59:33 GMT 12
All that stored milk powder could be sold to AID foundations to help the starving.  Oh yeah, that's right, Fonterra would be giving it to the same countries it's trying to sell it too.  Fonterra will store it and sell it at a high price so we get used to the price rather than make slightly less money on todays market, even if the storage takes most of the profit. |
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Post by DTM1 on Jan 30, 2009 14:56:23 GMT 12
Fonterra will store it and sell it at a high price so we get used to the price rather than make slightly less money on todays market, even if the storage takes most of the profit. If you believe that your a perfect fit for the other idiots in this thread with theories straight out of the weetbix box. |
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Post by shelly on Jan 30, 2009 15:12:15 GMT 12
Are any of you involved in the financial side of farming? The farmers I deal with every day are disappointed with the payout rate, but not selling the doom and gloom as above. The ones that will hurt the most are the contractors with huge amounts maize reading to be harvested and no one to sell it too  i think it all was a bit predicable (what goes up must come down) you could see it wasnt going to stay that high for long (it would have been nice). i do feel for the contractors and like around our area (bop) maize sitting in the paddocks with no buyers.... farmers pulling out of contracts due to pay out dropping and not being able to afford suppilment feed. unemployment? ??.... may not be a big big issuse as the job still has to be done, more likely a cut in wages (lower salarys) which for us anit so great as we are moving on.... looking for another farming possition. having notice that there arent that many jobs (unlike other years) advertised this year. |
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Post by DTM1 on Jan 30, 2009 17:37:40 GMT 12
looking for another farming possition. having notice that there arent that many jobs (unlike other years) advertised this year. Might be a good time to branch off into different areas of the industry and build your knowledge base.....even doing something extramurally through Massey to build your qualifications up will have its advantages down the track. |
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Post by Wildcat on Jan 30, 2009 18:23:40 GMT 12
Dont know where all the bloody money goes ,got rob bank to buy block of cheese Someones milking it  |
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Post by tank11 on Jan 30, 2009 18:24:11 GMT 12
Well DTM, if you are selling a commodity worldwide and it's a basic dietary need, how do you explain a sudden rush for all this storage needed. We sell a basic commodity in New Zealand for export and to beat the "downturn", we chose to lower the price and are now picking up new customers. More turnover at a lower price and we should get through. Keep our old price and lose customers and talk to the banks. Next step is to lay off workers, when it picks up where are they? You have your theories, I have mine. Does that make you a pull through?  |
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Post by LRT on Jan 30, 2009 18:28:09 GMT 12
Different year, same crap......God I miss it!!  |
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Post by DTM1 on Jan 30, 2009 20:39:46 GMT 12
Well DTM, if you are selling a commodity worldwide and it's a basic dietary need, how do you explain a sudden rush for all this storage needed. We sell a basic commodity in New Zealand for export and to beat the "downturn", we chose to lower the price and are now picking up new customers. More turnover at a lower price and we should get through. Keep our old price and lose customers and talk to the banks. Next step is to lay off workers, when it picks up where are they? You have your theories, I have mine. Does that make you a pull through? Maybe i was a little quick in suggesting your theories were straight off a weetbix box. Straight off a roll of the harshest 1 ply would be a better fit. |
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Post by muncho on Jan 31, 2009 9:19:00 GMT 12
Well DTM, if you are selling a commodity worldwide and it's a basic dietary need, how do you explain a sudden rush for all this storage needed. We sell a basic commodity in New Zealand for export and to beat the "downturn", we chose to lower the price and are now picking up new customers. More turnover at a lower price and we should get through. Keep our old price and lose customers and talk to the banks. Next step is to lay off workers, when it picks up where are they? You have your theories, I have mine. Does that make you a pull through? Maybe i was a little quick in suggesting your theories were straight off a weetbix box. Straight off a roll of the harshest 1 ply would be a better fit. HAHAHA Nice reply DTM |
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Post by tank11 on Jan 31, 2009 10:31:18 GMT 12
And you base your knowledge on what DTM?
And even if you're part of Fonterra, I'd take it with a grain of salt.
Having been told by the big wigs "how great it will be next year", last year.
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Post by DTM1 on Jan 31, 2009 11:25:33 GMT 12
And you base your knowledge on what DTM? And even if you're part of Fonterra, I'd take it with a grain of salt. Having been told by the big wigs "how great it will be next year", last year. I cant be arsed responding to your query with any depth,as by your own admission,anything i put forward in reply will be taken with a grain of salt......a pointless excercise. |
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Post by tank11 on Jan 31, 2009 13:31:40 GMT 12
Others may get your point, so don't let me stop you from instilling us with your knowledge.  |
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Post by DTM1 on Jan 31, 2009 15:33:37 GMT 12
Others may get your point, so don't let me stop you from instilling us with your knowledge. Do your own research.....all the info is out there. |
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