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beef price tracker

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    #9902
    richie123
    Registered Users Posts: 790 ✭✭✭richie123


    tanko wrote: »
    Yeah, 1130 in the ring, about 1115 take home i suppose.

    1170 take home depending on how much commission is.


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    #9903
    Bass Reeves
    Registered Users Posts: 18,222 ✭✭✭✭Bass Reeves


    richie123 wrote: »
    1130 in the ring? plus the vat ..minus the fee.

    No plus Vat in the ring. Vat in s part of the ring price. Vat is only paid as part of factory price and in reality factory gets the benefit of it

    Slava Ukrainii



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    #9904
    richie123
    Registered Users Posts: 790 ✭✭✭richie123


    Bass Reeves wrote: »
    No plus Vat in the ring. Vat in s part of the ring price. Vat is only paid as part of factory price and in reality factory gets the benefit of it

    That's a good one any cattle I ever bought vats added to ring price.


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    #9905
    Bass Reeves
    Registered Users Posts: 18,222 ✭✭✭✭Bass Reeves


    richie123 wrote: »
    That's a good one any cattle I ever bought vats added to ring price.

    Never saw that at any mart I have bought at, vat element is shown as part of ring price so that a vat registered farmer can reclaim it. Mart fees are added to the cost but that is it.

    Slava Ukrainii



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    #9906
    Panch18
    Closed Accounts Posts: 2,471 ✭✭✭Panch18


    richie123 wrote: »
    That's a good one any cattle I ever bought vats added to ring price.

    Where exactly have you seen this??


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    #9907
    morphy87
    Registered Users Posts: 1,063 ✭✭✭morphy87


    Any quotes for this week?


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    #9908
    Cavanjack
    Registered Users Posts: 2,561 ✭✭✭Cavanjack


    morphy87 wrote: »
    Any quotes for this week?

    €3.65 for bullocks


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    #9909
    CloughCasey1
    Registered Users Posts: 2,741 ✭✭✭CloughCasey1


    Cavanjack wrote: »
    €3.65 for bullocks

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


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    #9910
    Cavanjack
    Registered Users Posts: 2,561 ✭✭✭Cavanjack


    CloughCasey1 wrote: »
    I dont know. Hard to buy cattle to match that price. Someones or a lot of peoples crystal balls are banjaxed.

    I suppose it’s 3.85 for under 30 months and a kill out of 55% for an r= grade leaves a live weight price of €2.11.
    So is a 500kg r grade store worth €1055? Very hard to know how to value stores.


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    #9911
    morphy87
    Registered Users Posts: 1,063 ✭✭✭morphy87


    Cavanjack wrote: »
    €3.65 for bullocks

    The best that can be got down here is 3 60 south east


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    #9912
    Bass Reeves
    Registered Users Posts: 18,222 ✭✭✭✭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

    Slava Ukrainii



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    #9913
    Hill Bill
    Registered Users Posts: 25 ✭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!


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    #9914
    DukeCaboom
    Registered Users Posts: 1,031 ✭✭✭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.


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    #9915
    kk.man
    Registered Users Posts: 3,442 ✭✭✭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.


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    #9916
    DukeCaboom
    Registered Users Posts: 1,031 ✭✭✭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


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    #9917
    kk.man
    Registered Users Posts: 3,442 ✭✭✭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.


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    #9918
    Jjameson
    Registered Users Posts: 2,745 ✭✭✭Jjameson


    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.

    Ah hardly madness if they good Kilkenny type friesian?


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    #9919
    Jjameson
    Registered Users Posts: 2,745 ✭✭✭Jjameson


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

    Thoughts?


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    #9920
    kk.man
    Registered Users Posts: 3,442 ✭✭✭kk.man


    Jjameson wrote: »


    Ah hardly madness if they good Kilkenny type friesian?

    At 3.60 it is...


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    #9921
    Duke92
    Registered Users Posts: 351 ✭✭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


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    #9922
    Jjameson
    Registered Users Posts: 2,745 ✭✭✭Jjameson


    kk.man wrote: »
    At 3.60 it is...

    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?


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    #9923
    Bass Reeves
    Registered Users Posts: 18,222 ✭✭✭✭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

    Slava Ukrainii



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    #9924
    Duke92
    Registered Users Posts: 351 ✭✭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


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    #9925
    Duke92
    Registered Users Posts: 351 ✭✭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


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    #9926
    ruwithme
    Registered Users Posts: 1,183 ✭✭✭ruwithme


    Jjameson wrote: »
    https://www.donedeal.ie/view/25798790

    Thoughts?

    Twud look better fried


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    #9927
    Jjameson
    Registered Users Posts: 2,745 ✭✭✭Jjameson


    Bass Reeves wrote: »
    no

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


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    #9928
    Jjameson
    Registered Users Posts: 2,745 ✭✭✭Jjameson


    ruwithme wrote: »
    Twud look better fried

    Water buffalo I suspect. It may not!


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    #9929
    Bass Reeves
    Registered Users Posts: 18,222 ✭✭✭✭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

    Slava Ukrainii



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    #9930
    Bass Reeves
    Registered Users Posts: 18,222 ✭✭✭✭Bass Reeves


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

    as I say mugs

    Slava Ukrainii



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    #9931
    Jjameson
    Registered Users Posts: 2,745 ✭✭✭Jjameson


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

    Buying against farmers to sell to a cartel is a mugs game. But that ain’t changing, there’s a lot worse you could buy from what I’ve seen.


This discussion has been closed.
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