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| Thread ID: 88489 | 2008-03-29 05:26:00 | Who do you blame for the price of milk ? | Digby (677) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 653955 | 2008-03-30 18:49:00 | Thanks guys for all the votes and comments. The reason I only offered 2 choices is just that we all know that world-wide commodity prices have been going up, and we all know that Farmers are getting better prices for their milk overseas. So either Fonterra have put their prices up a lot, or the supermarkets have all of a sudden decided to make a higher markup on milk and cheese all of a sudden ! (it seems you all blame Fonterra) I was just aiming at a recent Sunday Star article that seemed to blame the supermarkets for taking a larger margin. I myself do to believe that, as some of you have said I believe that supermarkets work on low marging (but high volume). General retailers work on 100% mark ups. High Fashion works on 400% markups, Appliance retailers probably work on 50% markup and computer dealers work on 5 or 10% markup. I have always wondered why computer retailers (I was one once) work on such low markups when they are required to be very knowledagble compared to a shop assistant in Mitre 10 who work on 100% markups ! |
Digby (677) | ||
| 653956 | 2008-03-30 19:37:00 | To get into computers requires little investment,Mitre 10 probably a mill,with large overheads. | Cicero (40) | ||
| 653957 | 2008-03-30 20:10:00 | I've just received one of those weekly farming papers, this morning, that we get bombarded with. Two points of view, one from Gordon Copeland and one from the president of Rural Women of NZ. Both stop a little short of blaming Fonterra. Both put some blame on the system that was put in place in the '80's, when support for agriculture was removed and NZ farming had to foot it, unsubsidised, in the international market place. Mr. Copeland wants a Govt. enquiry, while the president of Rural Women is virtually saying that we are paying the price for being part of the "brave new global economy" and hopefully with the increased returns from dairy, the whole economy will be more than compensated. Both bemoan the fact that milk has increased in price, to the level where it is. I doubt whether it will be as good as what Mrs. Chapman & a few others say, as, in my experience, while the increased payout to farmers, would in most cases (some are going to go broke) have put cash flows on track, from where they were a year ago, the drought will have severely curtailed what would've been almost a boom. As regards drought relief; apparently, it only relates to provisional tax, ie tax business's pay before they receive income. This can be spread out, or if it's proven that hardship was caused by drought, provisional tax, already paid, will be refunded to be paid later (presumably added to terminal tax). Also, according to Ruth Dyson, those in extreme circumstances can apply for essential living costs support. |
jcr1 (893) | ||
| 653958 | 2008-03-30 20:36:00 | To get into computers requires little investment,Mitre 10 probably a mill,with large overheads. And Mitre 10 may have to feed that really BIG guy dairy products to keep him that size as well. |
Sweep (90) | ||
| 653959 | 2008-03-30 21:02:00 | 100% Fonterra. As soon as the export prices go up, they put up the local prices. Did you know NZ exports over 95% of milk solid production? Like the last 5% makes that much difference. For years I have asked the question (including on this forum) "why is milk more expensive than petrol?". It is because we are being reamed by Fonterra. And now the farmers want compensation for a drought.....sorry guys, you can't have it both ways. You expect relief via public funds from the very consumers you ream? Yeah right! Lets turn those %s' around: 95% NZ and 5% export to when Fontera first started to export, the NZ customer would have be picking up all of the Fixed Overheads and export the variable costs so as to get into the export market. I know because we went down that track, over 16 years ago!. Marginal costing we called it and I don't think the 80/20 rule applies today. Lurking. |
Lurking (218) | ||
| 653960 | 2008-03-30 21:26:00 | To get into computers requires little investment What are you talking about??!?!?! I spent MOST of my money on my PC!!! |
qazwsxokmijn (102) | ||
| 653961 | 2008-03-30 21:32:00 | What are you talking about??!?!?! I spent MOST of my money on my PC!!! Sorry about that Gaz,I will check to see if there is a children's section,rotten when you can't keep up. |
Cicero (40) | ||
| 653962 | 2008-03-30 23:14:00 | LOL the price of milk and cheese in NZ is a rip off, you are being RIPPED OFF blindly. how can they claim it is following overseas prices? I can buy NZ cheese here in Australia CHEAPER than you can in NZ where the damn stuff is made. Mainland Tasty 1Kg block $9.25 at Coles. Mainland Tasty 1Kg block $16.15 at woolworths NZ You can't tell me it costs more to put the product in an NZ store than it does to ship it overseas and take the exchange rate hit etc. www.woolworths.co.nz upcolaph2.colesonline.com.au Milk 2l at Coles $2.42 at woolworths NZ $3.07 and people wonder why I laugh at them when they try to claim the cost of living in NZ is less. |
dipstick01 (445) | ||
| 653963 | 2008-03-30 23:42:00 | From todays NZ Nerald. "Consumers changing dairy buying habits as prices soar" www.nzherald.co.nz "Independent cheese maker Open Country Cheese says Kiwi consumers are paying the price for Fonterra's monopolistic control of 95 per cent of milk supply. The Waikato company says dairy ingredients are only a small proportion of total cost." |
paulw (1826) | ||
| 653964 | 2008-03-31 00:21:00 | Fonterra is just another Telecom, as long as they have the bigger hand smack you with, they will. | rob_on_guitar (4196) | ||
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