beef price tracker

kk.man

Jjameson wrote: »

The sums on o- p+ Angus cattle bringing close enough to 2 euro a kg are worse.

Your right i always said too many chasing the AA bonus for cattle that have less scope for weight.

Cavanjack

kk.man wrote: »

Your right i always said too many chasing the AA bonus for cattle that have less scope for weight.

The bonus is usually given away the day they are bought yet there are plenty of customers.

Base price

Jjameson wrote: »

Some great Angus cattle in your home county however in mine, bad easy calving bulls on bad cows and cattle buyers who are slow learners rewarding same.

Feck all quality Angus cattle out of dairy herds about in the last few years.

Bass Reeves

It amazing the way lads follow the bigger final cheque and yet fail to see margin as the pointer towards profitability. Those CHX if going into a shed are not going to leave profit unless buyer is getting a guaranteed final base price well above 4/kg. No matter what way you cost feeding it a minimum of above 2.5/day and maybe nearer 3/kg. To even achieve a modest profit buyer needs to a gross price of nearly 1800 euro to cover feeding, machinery costs, vet, dosing, transport etc.

It had to see these killing 400 kgs but even if they did they would need a gross price of 4.5/ kg or a base of nearly 4.3/kg ( assuming they graded R+ at slaughter. To achieve a slaughter weight of 400 kgs they need a daily live weight gain of 1.7kgs/day. Its unlikey they will achieve that at any feed cost of less than 2.8/day.

Buyer needs to learn to use a calculator

Who2

How many good Charolais cattle will grade r especially with feeding? At 2 year old and over 500kg they are just ready for feeding but it would be put on grass. If the lad wants to give big money fair play to him, he’s supporting someone else. Too many spend far too much time worrying about what the neighbors at.

memorystick

Bass Reeves wrote: »

Buyer needs to learn to use a calculator

The best bit of machinery on any farm. And the cheapest.

Hershall

Robson99 wrote: »

What way are base prices at the moment ??
Are we still 3.60 for heifers ??

3.65 the best I can get for heifers next week. Midlands.

straight

memorystick wrote: »

The best bit of machinery on any farm. And the cheapest.

Calculator is dangerous in the wrong hands. What are cull cows making in the factory? Would they kill out at 50%?

Bass Reeves

straight wrote: »

Calculator is dangerous in the wrong hands. What are cull cows making in the factory? Would they kill out at 50%?

At the end of the time everybody knows there own system. Easiest part but it the part lads find hardest to quantify is there own costs. That where the calculator is an essential tool. After a while you get a handle it. After that essentially you find the unprofitable bits and exit those parts. Lots of lads that are continuously turning cattle fail to access unprofitable parts of there system and move away from it. I used to winter finish. I left it for a few main reasons, nitrates due to stocking level, problem with spring purchases of stock or else overwintering large numbers compared to summer output.

Robson99

Bass Reeves wrote: »

At the end of the time everybody knows there own system. Easiest part but it the part lads find hardest to quantify is there own costs. That where the calculator is an essential tool. After a while you get a handle it. After that essentially you find the unprofitable bits and exit those parts. Lots of lads that are continuously turning cattle fail to access unprofitable parts of there system and move away from it. I used to winter finish. I left it for a few main reasons, nitrates due to stocking level, problem with spring purchases of stock or else overwintering large numbers compared to summer output.

Exactly.
Also a big problem a lot of lads have is they never factor in a cost for days spent at grass...how often do you hear sure the only ate a couple of pounds of meal...when they could have ate a 1/2 ton
Moving away from Winter Finishing here for now anyways...doesn't add up at 3.60 a kg...lesson learned and will probably take another year to have adjusted fully..

Bass Reeves

Robson99 wrote: »

Exactly.
Also a big problem a lot of lads have is they never factor in a cost for days spent at grass...how often do you hear sure the only ate a couple of pounds of meal...when they could have ate a 1/2 ton
Moving away from Winter Finishing here for now anyways...doesn't add up at 3.60 a kg...lesson learned and will probably take another year to have adjusted fully..

I allow about 40-60c/day for grass costs depending on whether it is yearling stores or two year old stores/finisher's. I generally allow 3kgs/day for 7-8 weeks as ration costs or 150-180kgs ration (barley,maize,hulls costing about 30-40 euro)

Lots of lads get excited about shed costs but if you factor in a shed at 40+years and allow for tax and grant back if applicable these costs are negible. Slurry is factored in as cost in silage production as is fertilizer and in grass costs as well. Even allowing 40c/ day as grazing costs on 60 cattle at 240 days grazing season gives me a grass production cost of 5760 or 9# euro/ acre. It hardly costs that but I want to make sure I am not being a fool either

lalababa

Is everyone playing the fool or what?
Who can make money at the base price? My brother's shed cost 80k...he won't even make that back in 40years!
WTF are we at?

marathon

Bit of advice needed. Have a bull born April 17 that I used as stock bull but not needed anymore where best place go with him considering he over the 30 month mark. He a Hereford. Would I be cut much in factory?

Cavanjack

lalababa wrote: »

Is everyone playing the fool or what?
Who can make money at the base price? My brother's shed cost 80k...he won't even make that back in 40years!
WTF are we at?

This shed mightn’t cost as much as it sounds. Maybe he has an off farm job and on the high tax rate? Maybe he is getting a 60% grant on it? Does it include vat? If yes for all it’ll only cost him a fraction of the 80k

Anto_Meath

Jjameson wrote: »

Old bull price. If he’s plenty of flesh the mart is often best.

Yes there is a few lads that are in the local mart that buy these type of cattle and usually give more than you would get for him in the factory. I don't know they must be able to get 1 at a time away on a load as a young bull or something.
You would get crucified in a factory with him.

weatherbyfoxer

anyone get prices for this week?..hearing 370 is negotiable on steers with another 5c available on heifers

Robson99

weatherbyfoxer wrote: »

anyone get prices for this week?..hearing 370 is negotiable on steers with another 5c available on heifers

Heifers still 3.60 in a lot of places

1373

Was offered 3.60 flat for O/R fr bulls but not a fan of the factory , so didn’t go with it . They are well able to offer higher prices to go the next day

Cavanjack

1373 wrote: »

Was offered 3.60 flat for O/R fr bulls but not a fan of the factory , so didn’t go with it . They are well able to offer higher prices to go the next day

I would have let them off. Rang factory today wanted bulls and bullocks tomorrow. €3.65 u grade bulls 3.55 r’s. €3.65 bullocks.

Bass Reeves

Cavanjack wrote: »

I would have let them off. Rang factory today wanted bulls and bullocks tomorrow. €3.65 u grade bulls 3.55 r’s. €3.65 bullocks.

Friesian Bulls could be in more demand as carcass weight would be nearer supermarket spec. R and U grades could be killing too heavy

Base price

1373 wrote: »

Was offered 3.60 flat for O/R fr bulls but not a fan of the factory , so didn’t go with it . They are well able to offer higher prices to go the next day

I would always take a flat rate for FR bulls if given the opportunity.

Base price

Bass Reeves wrote: »

Friesian Bulls could be in more demand as carcass weight would be nearer supermarket spec. R and U grades could be killing too heavy

Chinese trade for bulls is offsetting supermarket specs.

Bass Reeves

Base price wrote: »

Chinese trade for bulls is offsetting supermarket specs.

If inspec retail carcass's arein short supply 280-380DW then Fr bulls will be much more likely to meet spec rather than heavy U&R grade bulls. Not too long ago processors graded bulls U350 DW as bullocks.

1373

Jjameson wrote: »

That was a serious price. They’re mostly good r grade? 3.45 for a mix of over and under 30 month bullockslast week and wasn’t got that soft either.

Same man offered me 3.50 flat a week earlier. They’re all well fed u24 months ,British friesian , 50/50 o/r but they all kill out fat score 3 , if short of fat nobody wants them

kk.man

1373 wrote: »

Same man offered me 3.50 flat a week earlier. They’re all well fed u24 months ,British friesian , 50/50 o/r but they all kill out fat score 3 , if short of fat nobody wants them

That's a good fat score for fr bulls. They must have taken a good lot of feeding?

1373

kk.man wrote: »

That's a good fat score for fr bulls. They must have taken a good lot of feeding?

Unfortunately yes , plenty of maize meal will put fat on

memorystick

Jjameson wrote: »

That was a serious price.

Just shows how low they have been when someone considers this to be a good price.

Base price

Bass Reeves wrote: »

If inspec retail carcass's arein short supply 280-380DW then Fr bulls will be much more likely to meet spec rather than heavy U&R grade bulls.Not too long ago processors graded bulls U350 DW as bullocks.

All under 30 month old bulls non QA are eligible for the Chinese market.

The reality is it doesn't matter what the situation was "not too long ago". You have to understand the situation. Fit bulls are wanted by the factories for the Chinese trade but unfortunately that market is only for the forequarter's.

1373

memorystick wrote: »

Just shows how low they have been when someone considers this to be a good price.

It’s a good price for this week

Bass Reeves

Base price wrote: »

All under 30 month old bulls non QA are eligible for the Chinese market.

The reality is it doesn't matter what the situation was "not too long ago". You have to understand the situation. Fit bulls are wanted by the factories for the Chinese trade but unfortunately that market is only for the forequarter's.

Yes but the steaks from the he FR bull's are suitable for the UK retail market not all supermarket will take them but some will.