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beef price tracker

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Comments

  • Registered Users, Registered Users 2 Posts: 4,067 ✭✭✭Dickie10


    to be honest i was very disapointed with that price, i will finish the rest of the heifers , starting upping the meal into them this week.


  • Registered Users, Registered Users 2 Posts: 1,695 ✭✭✭memorystick


    Jjameson wrote: »
    If you have the grass, suitable cattle that are still putting up the Kgs and the QA isn’t important in terms of age left or plain cattle that don’t benefit from trying to hit the mark then it’s worth a gamble. Numbers off grass seem to be a month ahead as far as I can see around here.
    There may be a little bounce the right way. But they aren’t going to pull them to ****e like last year unless they have a death wish.


    Mine have over half a ton each of ration. Whatever they are they are. Sick to the hole of working for nothing.


  • Registered Users, Registered Users 2 Posts: 11,498 ✭✭✭✭wrangler


    Mine have over half a ton each of ration. Whatever they are they are. Sick to the hole of working for nothing.

    I see the next tractor protest is 25th july.............. take from that what you will.


  • Registered Users, Registered Users 2 Posts: 1,695 ✭✭✭memorystick


    wrangler wrote: »
    I see the next tractor protest is 25th july.............. take from that what you will.

    A FF and a Green will save us.


  • Moderators, Society & Culture Moderators Posts: 1,934 Mod ✭✭✭✭Albert Johnson


    Dickie10 wrote: »
    I had had two heifers in Carnaross yesterday, one of which was well over age she was sick last year and thought she would pine away, but i turned her around after a few months with a mix of rumen fluke dose, minerals dose , copper bolus and wormer along with 30 mls of Jeyes Fluid and all manner of old wives tales so i imagined i would be cut to cow price in factory shes jan 17 born, big white charrollais, gave her a lick of meal the last 2 weeks and she looked good weighed in at 580kg, well fleshed but needs meal for a month to get into 2+ fat. she only made €1090. the other heeifer i sent was just a sample to see the market price, 530kg €1080. yellow charrollais already fat to kill.

    It wasn't a bad price as such for the first heifer considering she was gone into a cow/heifer and in need of further feeding. The second price isn't that exciting but she's a handy heifer especially for a CH at that weight and fit to kill. She's more of a butcher's beast imo and there always hit and miss depending on who's around the ring on the day.

    I just happened to watch the bullock trade in Carnaross on Monday for a few minutes and anything fleshy seemed a flying trade. Age or weight didn't seem to be a problem once they were factory fit. The few store bullocks I watched going through seemed to be an average enough trade and it seems the same for the heifer trade.


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  • Registered Users, Registered Users 2 Posts: 20,223 ✭✭✭✭Bass Reeves


    Dickie10 wrote: »
    I had had two heifers in Carnaross yesterday, one of which was well over age she was sick last year and thought she would pine away, but i turned her around after a few months with a mix of rumen fluke dose, minerals dose , copper bolus and wormer along with 30 mls of Jeyes Fluid and all manner of old wives tales so i imagined i would be cut to cow price in factory shes jan 17 born, big white charrollais, gave her a lick of meal the last 2 weeks and she looked good weighed in at 580kg, well fleshed but needs meal for a month to get into 2+ fat. she only made €1090. the other heeifer i sent was just a sample to see the market price, 530kg €1080. yellow charrollais already fat to kill.

    Both heifers made more or less what they are worth. Older heifer killing 340 kgs(after feeding) at present prices would make 1190. Other heifer would kill about 290 kgs at R+ would make 1130 euro she might struggle to kill that

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,478 ✭✭✭epfff


    O= are 3.62,
    O+are 3.68

    That's my point if you were taking 350 and the majority fall into that I wouldn't think you were on a winner.


  • Registered Users, Registered Users 2 Posts: 4,067 ✭✭✭Dickie10


    yeah i suposse , it was a good exercise anyway to see the lie of the land


  • Registered Users, Registered Users 2 Posts: 20,223 ✭✭✭✭Bass Reeves


    Jjameson wrote: »
    If you have the grass, suitable cattle that are still putting up the Kgs and the QA isn’t important in terms of age left or plain cattle that don’t benefit from trying to hit the mark then it’s worth a gamble. Numbers off grass seem to be a month ahead as far as I can see around here.
    There may be a little bounce the right way. But they aren’t going to pull them to ****e like last year unless they have a death wish.

    For all the BS about what happened last year it farmers have to an extent drawn a line in the sand. Processors business is under a microscope and you can see questions being asked about why we are the only country where prices are stagnant at present. However cattle are moving across the border to be slaughtered at over 1K,/week. Irish slaughter numbers are 2-3K/week ahead of this time last year. Underage cattle numbers will get tight at some stage this year.

    Ya I be killing stuff that was fit and that you lose bonus's on but cattle that are borderline I be inclined to hold even out in to over 30 months.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 971 ✭✭✭leoch


    Can we kill cattle outselves in the north threw say a rep or are they cut as nomad cattle


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  • Registered Users, Registered Users 2 Posts: 20,223 ✭✭✭✭Bass Reeves


    leoch wrote: »
    Can we kill cattle outselves in the north threw say a rep or are they cut as nomad cattle

    Yes you can however you have to factor in journey time. As well cattle going North have to be unloaded and reloaded for dept inspection AFAIK at an inspection point.

    Nobody would be sending them if they were treated as nomads. There are agents that buy for northern factories. I be a bit too far south and do not kill the numbers together to justify it but a neighbor send a load of heifers up about five years ago he was happy but after allowing for extra weight loss and extra carriage ( only partially subsidised ) it only worked out at 15-20/ head exyi

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 24,609 ✭✭✭✭Reggie.


    Yes you can however you have to factor in journey time. As well cattle going North have to be unloaded and reloaded for dept inspection AFAIK at an inspection point.

    Nobody would be sending them if they were treated as nomads. There are agents that buy for northern factories. I be a bit too far south and do not kill the numbers together to justify it but a neighbor send a load of heifers up about five years ago he was happy but after allowing for extra weight loss and extra carriage ( only partially subsidised ) it only worked out at 15-20/ head exyi

    Still better in his pocket


  • Registered Users, Registered Users 2 Posts: 343 ✭✭locha


    Anyone hear of prices for next week? Rise coming apparently...


  • Registered Users, Registered Users 2 Posts: 79 ✭✭lexuslad


    What live weight would ye want your heifers and bullocks at before send them off?


  • Registered Users, Registered Users 2 Posts: 4,090 ✭✭✭kk.man


    locha wrote: »
    Anyone hear of prices for next week? Rise coming apparently...
    Heard same... could be 10c more next week


  • Registered Users, Registered Users 2 Posts: 1,561 ✭✭✭morphy87


    kk.man wrote: »
    Heard same... could be 10c more next week

    Would it be unusual for a rise in July? Why is the rise coming and for how long do you reckon, I reckon they can’t have the price to bad the fall of the year as a lot of lads won’t fill sheds, know a few last year that didn’t and two more this year


  • Registered Users, Registered Users 2 Posts: 20,223 ✭✭✭✭Bass Reeves


    morphy87 wrote: »
    Would it be unusual for a rise in July? Why is the rise coming and for how long do you reckon, I reckon they can’t have the price to bad the fall of the year as a lot of lads won’t fill sheds, know a few last year that didn’t and two more this year

    July is usually a month where usually you see little movement in prices. Usually processors would have pulled in early mid June and price would be static during July.

    However it has happened before.Maybe once every 5-7 years mostly due to stock availability. problem with strong autumn prices is stores can be expensive. If price is strong lads with FS2=/3- cattle are inclined to kill them. So processors end up competing with finishers indirectly,

    However confidence in winter finishing is at an all time low. Risk carried by finishers is huge. Critical time is not just the autumn but as harvest of tillage gets underway. Grian prices may be strong this year. The tempetation for lads that have tillage and fattening operations will be to sell grain if prices are strong, as well finisher specalising in straights and using wholecrop may lack confidence to to put 60K of feed in a yard to feed 300 cattle

    Another issue is if summer finishers have a better summer than expected they will have money in the pocket to compete at ringside for what may be scarce cattle

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,561 ✭✭✭morphy87


    July is usually a month where usually you see little movement in prices. Usually processors would have pulled in early mid June and price would be static during July.

    However it has happened before.Maybe once every 5-7 years mostly due to stock availability. problem with strong autumn prices is stores can be expensive. If price is strong lads with FS2=/3- cattle are inclined to kill them. So processors end up competing with finishers indirectly,

    However confidence in winter finishing is at an all time low. Risk carried by finishers is huge. Critical time is not just the autumn but as harvest of tillage gets underway. Grian prices may be strong this year. The tempetation for lads that have tillage and fattening operations will be to sell grain if prices are strong, as well finisher specalising in straights and using wholecrop may lack confidence to to put 60K of feed in a yard to feed 300 cattle

    Another issue is if summer finishers have a better summer than expected they will have money in the pocket to compete at ringside for what may be scarce cattle

    I know what you mean,if lads selling off the grass get a good price they might give a bit extra around the ring around the fall,so price wise where do you think it will settle? Know one big finisher gone rearing freisan heifer calf’s gone out of beef,like what you were saying about tillage know a other big finisher that has a lot of tillage and beet, he told me he is strongly thinking of selling his corn and beet and forgetting about beef


  • Registered Users, Registered Users 2 Posts: 971 ✭✭✭leoch


    When u say these guys are big finishers how many would they finish


  • Registered Users, Registered Users 2 Posts: 1,561 ✭✭✭morphy87


    leoch wrote: »
    When u say these guys are big finishers how many would they finish

    The lads I know that got out and are thinking of getting out they would finish from 350 to 500 animals


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  • Registered Users, Registered Users 2 Posts: 20,223 ✭✭✭✭Bass Reeves


    morphy87 wrote: »
    The lads I know that got out and are thinking of getting out they would finish from 350 to 500 animals

    Capital costs are horrendous. Winter finishing eats nitrates allowance's. Therefore a lot of lads saw it as a single business. It was attractive to tillage lads. It seemed a good bet, a break crop (beet) that could be used within the farm and a competitive advantage in using home grown grain and straw to finish cattle. As well the nutrient value of slurry the following spring came into play as well.

    But costs are horrendous, reduced BPS no longer shelter losses and capital costs versus profit make sad reading over the last two winters. 300 cattle costing 300-350k add in 60-100k+ for total feeding costs to achieve a profit of 20-30k and for the last two years this translated into a loss of 20k+

    It seemed to easy to feed these cattle for 3-5 months using machinery that would be parked up for the winter and when the workload was low. But stupid is what stupid dose and some lads will be afraid someone else will make a few bob

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,154 ✭✭✭DukeCaboom


    Capital costs are horrendous. Winter finishing eats nitrates allowance's. Therefore a lot of lads saw it as a single business. It was attractive to tillage lads. It seemed a good bet, a break crop (beet) that could be used within the farm and a competitive advantage in using home grown grain and straw to finish cattle. As well the nutrient value of slurry the following spring came into play as well.

    But costs are horrendous, reduced BPS no longer shelter losses and capital costs versus profit make sad reading over the last two winters. 300 cattle costing 300-350k add in 60-100k+ for total feeding costs to achieve a profit of 20-30k and for the last two years this translated into a loss of 20k+

    It seemed to easy to feed these cattle for 3-5 months using machinery that would be parked up for the winter and when the workload was low. But stupid is what stupid dose and some lads will be afraid someone else will make a few bob


    Spot on. I've sold alot more than usual for this day of the year. I'll buy a few back but I don't have the belly for sheds anymore.


  • Registered Users, Registered Users 2 Posts: 476 ✭✭jntsnk


    morphy87 wrote: »
    Would it be unusual for a rise in July? Why is the rise coming and for how long do you reckon, I reckon they can’t have the price to bad the fall of the year as a lot of lads won’t fill sheds, know a few last year that didn’t and two more this year

    And the spring born Jan calves in ‘18 are just starting to hit the 30month deadline so normally in a few weeks the pressure starts to mount on the farmers. It’s a crazy setup as it erodes the only negotiation power the farmer has. Just as the factories intend.


  • Registered Users, Registered Users 2 Posts: 1,561 ✭✭✭morphy87


    jntsnk wrote: »
    And the spring born Jan calves in ‘18 are just starting to hit the 30month deadline so normally in a few weeks the pressure starts to mount on the farmers. It’s a crazy setup as it erodes the only negotiation power the farmer has. Just as the factories intend.

    That’s the big problem with this thirty months,36 would level the playing field


  • Registered Users, Registered Users 2 Posts: 790 ✭✭✭richie123


    We normally finish 300 400 a year ..this year is out last.
    Just buying weanling heifers from here on in winter them on silage and finish off grass next summer.
    I would absolutely love to leave beef completely..but I'm afraid of what could happen in Brussels so keeping numbers up is my thinking for staying in beef.
    As regards buying meal...we have one last batch of 60 friesian Bullock's and we're mealing them to get them gone Ina few weeks.
    Meal purchasing finished after that,sick of it.


  • Registered Users, Registered Users 2 Posts: 971 ✭✭✭leoch


    Anybody no any lads finishing 1000s..??surly if there is any they would need a signed contract on a guaranteed price before making that kind of commitment...i no one big lad up North of the country finishes that many and more and same number in sheep and sells fert and meal and has a man on road all over ireland full time buying mostly bulls.....employs a good few men feeding etc...big bussiness


  • Registered Users, Registered Users 2 Posts: 20,223 ✭✭✭✭Bass Reeves


    leoch wrote: »
    Anybody no any lads finishing 1000s..??surly if there is any they would need a signed contract on a guaranteed price before making that kind of commitment...i no one big lad up North of the country finishes that many and more and same number in sheep and sells fert and meal and has a man on road all over ireland full time buying mostly bulls.....employs a good few men feeding etc...big bussiness

    I know a few lads killing 500+/ year. These would be lads taking in two boxes of cattle most weeks and 3-4 some weeks.

    Yes there are lads on contracts but whereas 5+ years ago regular supplier got a price guarantee nowadays it only a few feedlots killing several thousand a year who slaughter at times supply is tight mostly. Generally most finisher's are carrying the risk themselves. Some that adapt to the system manage away but others ( look at the lads with heavy bulls last spring 12 months) get caught and can lose serious money

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 20,223 ✭✭✭✭Bass Reeves


    locha wrote: »
    Anyone hear of prices for next week? Rise coming apparently...

    well is there a price rise or is it the same as last week

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 3,323 ✭✭✭cute geoge


    well is there a price rise or is it the same as last week

    Cows up 10 cent to €3.00 flat for o/p


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  • Registered Users, Registered Users 2 Posts: 2,218 ✭✭✭Who2


    leoch wrote: »
    Anybody no any lads finishing 1000s..??surly if there is any they would need a signed contract on a guaranteed price before making that kind of commitment...i no one big lad up North of the country finishes that many and more and same number in sheep and sells fert and meal and has a man on road all over ireland full time buying mostly bulls.....employs a good few men feeding etc...big bussiness

    I know of two lads killing thousands, neither would let on a whole pile of whether they have contracts or not.


This discussion has been closed.
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