beef price tracker

Bass Reeves

CloughCasey1 wrote: »

I dont know. Hard to buy cattle to match that price. Someones or a lot of peoples crystal balls are banjaxed.

Looking at prices at present a 400kg Fr store is 150 ahead of last year. beef prices are 15c/kg ahead of last year but dropping at present. 15c on a 335 DW animal is 50 euro. Hard to understand the economics of it. However 2019 cattle numbers are lower than 2018.

However its not the store price that is wrong it is the finished beef price. If store prices drop too much store producers tend to finish there cattle and not replace. 2020 bucket fed weanlings are priced crazy compared to anything else

Hill Bill

morphy87 wrote: »

Any quotes for this week?

€3.60 is the best I can get for a load of bullocks in the east. Not being cut for overweight though which is of more value to me than the extra 5 cent.

Still nowhere near good enough when you compare it to beef prices up North & in Britain!

DukeCaboom

Bass Reeves wrote: »

Looking at prices at present a 400kg Fr store is 150 ahead of last year. beef prices are 15c/kg ahead of last year but dropping at present. 15c on a 335 DW animal is 50 euro. Hard to understand the economics of it. However 2019 cattle numbers are lower than 2018.

However its the store price that is wrong it is the finished beef price. If store prices drop too much store producers tend to finish there cattle and not replace. 2020 bucket fed weanlings are priced crazy compared to anything else

415kg fr yesterday in macroom made €730. Now they weight bad but still.

kk.man

DukeCaboom wrote: »

415kg fr yesterday in macroom made €730. Now they weight bad but still.

Saw a 400kg fr in Kk mart make 650 but they weighed well. That's about the run of them madness really. Wintering costs and time and animal still not near finished.

DukeCaboom

kk.man wrote: »

Saw a 400kg fr in Kk mart make 650 but they weighed well. That's about the run of them madness really. Wintering costs and time and animal still not near finished.

And the funny thing this week down here you'd struggle to get €800 for 500kg fr

kk.man

DukeCaboom wrote: »

And the funny thing this week down here you'd struggle to get €800 for 500kg fr

I know probably a better buy.

kk.man

Jjameson wrote: »

Ah hardly madness if they good Kilkenny type friesian?

At 3.60 it is...

Duke92

Jjameson wrote: »

Ah hardly madness if they good Kilkenny type friesian?

Don’t sound to bad
Was I Kik Thursday seen nice Fr 455kgs making €800

Bass Reeves

Jjameson wrote: »

Take a guy hanging up similar cattle that are 12 months on,say 650 700 kg €1150 to €1200 wouldn’t a guy on a low cost grass finish system be happy enough with the changeover?

no

Duke92

Jjameson wrote: »

Ah hardly madness if they good Kilkenny type friesian?

Don’t sound to bad
Was I Kik Thursday seen nice Fr 455kgs making €800

Duke92

Jjameson wrote: »

Take a guy hanging up similar cattle that are 12 months on,say 650 700 kg €1150 to €1200 wouldn’t a guy on a low cost grass finish system be happy enough with the changeover?

Yes be a nice touch for little cost

ruwithme

Jjameson wrote: »

https://www.donedeal.ie/view/25798790

Thoughts?

Twud look better fried

Bass Reeves

Duke92 wrote: »

Yes be a nice touch for little cost

Do it if you like but 350-400 gross margin after a winter and having them 8-10 months is a mugs game. You barely be covering costs

Bass Reeves

Jjameson wrote: »

Ah never mind hungry hoors!! but a lot of beef finishers content with a lot less.

as I say mugs

Bass Reeves

Jjameson wrote: »

1200- 650 is €550 gross?

sorr I taught it was the 800-850 euro friesians you were on about.

richie123

CloughCasey1 wrote: »

I dont know. Hard to buy cattle to match that price. Someones or a lot of peoples crystal balls are banjaxed.

Or there just getting a lot more per kilo than the average farmer.

richie123

Panch18 wrote: »

Where exactly have you seen this??

Any cattle I've bought vat is added to ring price 4.8%...now I could be wrong!!

dryan

3.60 base for steers here this morning - midlands.
Let a few off at that.
Fought it out with the agent on the phone last night but not a cent more to be got.

Duke92

Jjameson wrote: »

1200- 650 is €550 gross?

Some beef farmers not great a maths

Bass Reeves

Duke92 wrote: »

Some beef farmers not great a maths

I be good enough at the maths. I always work of cost getting an animal inside the gate. 1200-650 is 550 less mart fees and transport leaves a margin of 530. It a small bit on the tight side for me.

wrangler

Bass Reeves wrote: »

I be good enough at the mats. I always work of cost getting an animal inside the gate. 1200-650 is 550 less mart fees and transport leaves a margin of 530. It a small bit on the tight side for me.

not so good at spelling

Bass Reeves

wrangler wrote: »

not so good at spelling

Corrected that happy now.

cute geoge

Bass Reeves wrote: »

as I say mugs

Will you buy no cattle so because it looks like stores are not going to drop in price then again they might be back 100 next week
Talking to a retired cattle man whos son took over and he would not buy cattle because they were too dear this year ,the retired man wondered sure if you do not buy anything how the hell can you make anything because selling silage will not break even !!

richie123

cute geoge wrote: »

Will you buy no cattle so because it looks like stores are not going to drop in price then again they might be back 100 next week
Talking to a retired cattle man whos son took over and he would not buy cattle because they were too dear this year ,the retired man wondered sure if you do not buy anything how the hell can you make anything because selling silage will not break even !!

True an be hard sold is well...most farmers have plenty of it

Bass Reeves

cute geoge wrote: »

Will you buy no cattle so because it looks like stores are not going to drop in price then again they might be back 100 next week
Talking to a retired cattle man whos son took over and he would not buy cattle because they were too dear this year ,the retired man wondered sure if you do not buy anything how the hell can you make anything because selling silage will not break even !!

I buy less and buy out of spec cattle. With Friesians if they get dear margin can dissappear very fasy.

Cavanjack

Bass Reeves wrote: »

I buy less and buy out of spec cattle. With Friesians if they get dear margin can dissappear very fasy.

Have bought a few stores myself That will be out of spec when killing this time next year. Only sort of yolks I saw any value in so far

Bass Reeves

Cavanjack wrote: »

Have bought a few stores myself That will be out of spec when killing this time next year. Only sort of yolks I saw any value in so far

Easier to get a 550 euro Friesian to 1150 it virtually impossible to get a 800 euro Friesian to 1400 euro

Bass Reeves

Jjameson wrote: »

Friesians now have more variation within them than any other breed. Cattle coming in + - store price can leave a variation of + - 300 on weight gain/ ko alone.
It’s very easy buy these type cattle too dear and the fear of giving a little more for the better one often leaves them great value.
And it’s not square old fashioned bf cattle I’m talking about as they don’t stretch fast or big as good square big friesian such as kk mart is renowned.

I perfer to buy hungry empty Kerry Friesians. Bought a few lately 330 kgd 500 and 370kgs, 560 euro inside the farm gate for that.

Cavanjack

Bass Reeves wrote: »

I perfer to buy hungry empty Kerry Friesians. Bought a few lately 330 kgd 500 and 370kgs, 560 euro inside the farm gate for that.

Will you get them killed before next winter or will it be the following year?

Bass Reeves

Cavanjack wrote: »

Will you get them killed before next winter or will it be the following year?

Hopefully the majority will be hanging before next winter.