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beef price tracker

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Comments

  • Registered Users, Registered Users 2 Posts: 15,065 ✭✭✭✭Danzy


    China are taking beef now. Would anyone know how much?

    Think it is about 10k tonnes so far.

    They are a long term hope. If they reached American levels of beef consumption there wouldn't be enough export beef globally to meet it.

    Long term hope is good, eventual let down is far away.😉


  • Registered Users, Registered Users 2 Posts: 20,212 ✭✭✭✭Bass Reeves


    tatoo wrote: »
    I have found that since I signed up for the Hereford bonus that my cattle seem to be graded much more harshly, I would have got a reasonable - around 25% Rs, but now they grade as 0+, I'm getting in one hand while it's been simultaneously clawed back with the other.

    I wonder why. The powers that be are blaming the dairy influence:rolleyes: I wonder do the processors get paid extra for R beef as opposed to O+ beef. Since beef has started to be prepacked for supermarkets grades have fallen IMO. But then I am a cynic and know nothing compared to the experts:cool:

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 11,173 ✭✭✭✭Muckit


    Any of ye get paid by factory by EFT?


  • Registered Users, Registered Users 2 Posts: 577 ✭✭✭gerryirl


    Muckit wrote: »
    Got on well with heifers.
    Bit of learning though with 4th one. She was a super girl and l thought she done. She just slipped out of QA....just. Had she made the 2+ she would have made an extra 18c all in and would have left another €70!


    There can be a fine line with some of them U cattle. They were great stock


  • Registered Users, Registered Users 2 Posts: 2,802 ✭✭✭Cavanjack


    Muckit wrote: »
    Any of ye get paid by factory by EFT?

    Asked a factory and they dont do it.
    Heard Talk of a rise next week.


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  • Registered Users, Registered Users 2 Posts: 11,173 ✭✭✭✭Muckit


    8 WORKING days for a cheque to clear if you have different bank to cheque issuer.

    In this day and age it's dinosaur stuff


  • Registered Users, Registered Users 2 Posts: 2,802 ✭✭✭Cavanjack


    Muckit wrote: »
    8 WORKING days for a cheque to clear if you have different bank to cheque issuer.

    In this day and age it's dinosaur stuff

    Tis the factories we are talking about after all.


  • Registered Users, Registered Users 2 Posts: 20,212 ✭✭✭✭Bass Reeves


    Muckit wrote: »
    Any of ye get paid by factory by EFT?
    Muckit wrote: »
    8 WORKING days for a cheque to clear if you have different bank to cheque issuer.

    In this day and age it's dinosaur stuff
    Cavanjack wrote: »
    Tis the factories we are talking about after all.

    Factory's have no control over bank clearing times. EFT for all its advantages still can take 2-3 days to clear and that is from the time it is completed. Cheques can be cleared on the day by paying a small fee (about 15 euro as far as I know). However I never had an issue with funds clearing from cheques lodged in the bank. Factory's will have to use EFT within a year or two anyway.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 4,642 ✭✭✭Robson99


    Muckit wrote: »
    Got on well with heifers.
    Bit of learning though with 4th one. She was a super girl and l thought she done. She just slipped out of QA....just. Had she made the 2+ she would have made an extra 18c all in and would have left another €70!

    Could have Fed on for another month Muckit if time was on your side.
    Those U and E grade cattle can take a lot of feeding before they will go fat


  • Registered Users, Registered Users 2 Posts: 15,065 ✭✭✭✭Danzy


    Muckit wrote: »
    8 WORKING days for a cheque to clear if you have different bank to cheque issuer.

    In this day and age it's dinosaur stuff

    Fierce profitable for the factory though.

    EfT would be more straight forward for them but they make s lot from money sitting.

    I pick the Cheque up the day it is ready.


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  • Registered Users, Registered Users 2 Posts: 11,497 ✭✭✭✭wrangler


    Danzy wrote: »
    Fierce profitable for the factory though.

    EfT would be more straight forward for them but they make s lot from money sitting.

    I pick the Cheque up the day it is ready.

    Mightn't be fierce profitable for them but it's a cost that isn't taken out of the price of the lamb ''the lamb pays for everything''.
    We brought EFT up at our negotiations with the factory and they don't want it.
    they'd have to increase they're borrowings by the value of a weeks kill or €2m.
    It'd be another cost on the lamb, remember we get paid what's left after everyone else is (well) paid


  • Registered Users, Registered Users 2 Posts: 30,675 ✭✭✭✭whelan2


    Cavanjack wrote: »
    Asked a factory and they dont do it.
    Heard Talk of a rise next week.

    The ifa protest must have worked :)


  • Registered Users, Registered Users 2 Posts: 4,089 ✭✭✭kk.man


    The EFT certainly would not suit the factories. As Wrangler said their cost of production would dramatically rise in the short to medium term. I say you would be amazed by the amount (particularly older farmers) who don't lodge cheques for ages. I know in my case working part time I don't get to the bank as often as I wished and was holding a cheque for over a week after I received it in the post. Then there are other reasons like estates of deceased persons etc.
    Make no mistake this is a money saving exercise and EFT would ruin this for them.


  • Registered Users, Registered Users 2 Posts: 30,675 ✭✭✭✭whelan2


    kk.man wrote: »
    The EFT certainly would not suit the factories. As Wrangler said their cost of production would dramatically rise in the short to medium term. I say you would be amazed by the amount (particularly older farmers) who don't lodge cheques for ages. I know in my case working part time I don't get to the bank as often as I wished and was holding a cheque for over a week after I received it in the post. Then there are other reasons like estates of deceased persons etc.
    Make no mistake this is a money saving exercise and EFT would ruin this for them.

    Factory agent was telling me a few weeks ago that he can't get over the amount of lads who let the factory cheque go out of date


  • Registered Users, Registered Users 2 Posts: 2,802 ✭✭✭Cavanjack


    whelan2 wrote: »
    Factory agent was telling me a few weeks ago that he can't get over the amount of lads who let the factory cheque go out of date

    They'd be Louth lads, wouldn't happen round here!!!!


  • Registered Users, Registered Users 2 Posts: 11,630 ✭✭✭✭Base price




  • Registered Users, Registered Users 2 Posts: 6,225 ✭✭✭charolais0153


    Quick question. Why is their no quality assurance on young bulls?


  • Registered Users, Registered Users 2 Posts: 359 ✭✭FarmerDougal


    Quick question. Why is their no quality assurance on young bulls?

    There is if their u16 months


  • Registered Users, Registered Users 2 Posts: 2,802 ✭✭✭Cavanjack


    Quick question. Why is their no quality assurance on young bulls?

    The question should be why is there no quality assurance on young Bulls, heifers or bullocks grading o- or less, over 30 month bullocks and heifers or cows? If You are quality assured You should get the quality assurance bonus.


  • Registered Users, Registered Users 2 Posts: 6,225 ✭✭✭charolais0153


    There is if their u16 months

    Orite,i just seen on agriland beef tracker thing taht young bulls are not eligible for quality assurance


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  • Registered Users, Registered Users 2 Posts: 2,742 ✭✭✭CloughCasey1


    Orite,i just seen on agriland beef tracker thing taht young bulls are not eligible for quality assurance

    They are alright but getting the fat score on them can let a lad down.


  • Registered Users, Registered Users 2 Posts: 20,212 ✭✭✭✭Bass Reeves


    Orite,i just seen on agriland beef tracker thing taht young bulls are not eligible for quality assurance

    All bulls under 24 months are described as young bulls the processors only pay QA on U16 months bulls as well U16 bulls go on the grid 16-24 months bulls are paid flat. 16-24 months bulls would have a much better chance of getting into the right fat scores as well as grading better

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,802 ✭✭✭Cavanjack


    Any improvement?


  • Registered Users, Registered Users 2 Posts: 2,742 ✭✭✭CloughCasey1


    Cavanjack wrote: »
    Any improvement?

    370-75 max for bullocks. Have a few turning 30mts in 10 days or so. No doubt will jump 10c the day after they hang.


  • Registered Users, Registered Users 2 Posts: 577 ✭✭✭gerryirl


    370-75 max for bullocks. Have a few turning 30mts in 10 days or so. No doubt will jump 10c the day after they hang.

    whats the forecast for the next few weeks ?. Probably a stalemate for a while maybe till the xmas market


  • Registered Users, Registered Users 2 Posts: 2,742 ✭✭✭CloughCasey1


    gerryirl wrote: »
    whats the forecast for the next few weeks ?. Probably a stalemate for a while maybe till the xmas market

    They will give us 5c and take it away again a few times between now and end Nov. Maybe gain 15 -20c up to mid Dec and into new yr.


  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    No talk of a rise down here buts its easy to get stock gone, bring on what ever you want. Even rang Wed with young cattle and they were killed Friday which is rare.


  • Registered Users, Registered Users 2 Posts: 2,742 ✭✭✭CloughCasey1


    Pidae.m wrote: »
    No talk of a rise down here buts its easy to get stock gone, bring on what ever you want. Even rang Wed with young cattle and they were killed Friday which is rare.

    Was talking to a man who kills dry cows and had three going last week and he got the impression they were waiting for him to come with them!!!!


  • Registered Users, Registered Users 2 Posts: 2,313 ✭✭✭TITANIUM.


    Pidae.m wrote: »
    No talk of a rise down here buts its easy to get stock gone, bring on what ever you want. Even rang Wed with young cattle and they were killed Friday which is rare.

    Bandon?


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  • Registered Users, Registered Users 2 Posts: 2,802 ✭✭✭Cavanjack


    Got €3.80 yesterday for mix of overage and under 36 month bullocks. They'll hardly rise as quick as they fell


This discussion has been closed.
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