Monday, July 27, 2009

Waiting for the Milk Check

July 27th and I'm counting the days until the next milk check hit the bank account. Only 21 more days to wait. I really don't care much for the current system of paydays.

We received our first check in July on the 15th. This was final payment for milk sold for June. Then on July 24th we received our advance check for milk sold from July 1st through July 15th. A miserable $9.97 per hundredweight of milk sold. About $6.50/hwt BELOW break even costs for producing the milk.

By August 17th we'll receive our final payment for July's milk. And so it goes, month after month. It would really help cash flow if we could received payment every 10 days for our milk sold. It's really hard to go three weeks without any money coming in.

Most of our creditors want their money every two weeks for products delivered to the dairy.

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