beef price tracker

TUBBY

Ger1987 wrote: »

I got quoted 3.60euro/kg for bulls today for supply next week, all R/U grades. seams a bit low? got quoted 4euro/kg base for bullocks. What quotes have ye received for Bulls/Heifers/Bullocks for supply this week and next? Seams to be a lot of cattle coming out

4 for bullocks.

epfff

TUBBY wrote: »

4 for bullocks.

365 r/u bulls

Hershall

Wot would they weigh roughly (deadweight)

Gman1987

The bulls will kill out about 400kg. I got that price from Kilbeggan. Where did ye receive the quotes from?

Hershall

Liffey ballinasloe giving 3.60/3.70 for R/U if under 420kgs

locha

Quoted 3.85 for overage steers
4.00 for underage (incl) QA bonus

severeoversteer

prices are gone to fxxk, and i think it may have something to do with tesco having a fit over its reduced market share, and every other supermarkets attempts to sqeeze tesco even further such as lidl aldi

it definitely has something to do with it anyway

willfarmerman

3.95 for underage bullocks today slaney meats

restive

willfarmerman wrote: »

3.95 for underage bullocks today slaney meats

Including QA?

willfarmerman

Excluding.

coolshannagh28

severeoversteer wrote: »

prices are gone to fxxk, and i think it may have something to do with tesco having a fit over its reduced market share, and every other supermarkets attempts to sqeeze tesco even further such as lidl aldi

it definitely has something to do with it anyway

Or is it the sting in the tail from the horsemeat scandal ,ABP losing their market for processing meat and the multiples in the UK turning the screw on carcass spec to keep them honest . Irish farmers let down again, lions led by donkeys

Base price

coolshannagh28 wrote: »

Or is it the sting in the tail from the horsemeat scandal ,ABP losing their market for processing meat and the multiples in the UK turning the screw on carcass spec to keep them honest . Irish farmers let down again, lions led by donkeys

I don't know but I remember recently reading a story in the IFJ ? about AIBP flooding the UK market with beef from a plant that they had purchased in Poland.
At the end of the day the biggest beef producers in this country are not us regular farmers.
The biggest beef producers are the factories themselves - from their own feedlots and by doing so they can dictate one of the simplest of economic rules - that is the rule of "supply and demand"
I have posted on this forum previously about a factory looking for store bulls last Nov/Dec for their own feedlot. What more can I say.

poor farmer

3.40 for o fr bulls 2= or better
3.20 for o " " 2-
2.70 for over 24 mth
all for bulls killed last week.
not going to get rich on these ones,

willfarmerman

Well despite the supposed poor price and the hassle in getting cattle killed the store trade for bullocks and heifers is off the wall in my opinion. Farmer finishers are doing one another more harm at the sales ring than the factories ever could.

jt65

poor farmer wrote: »

3.40 for o fr bulls 2= or better
3.20 for o " " 2-
2.70 for over 24 mth
all for bulls killed last week.
not going to get rich on these ones,

know a bloke quoted 2.50 for poor quality Holstein bulls (24mnth+)

only quote he could get . nobody else wanted them

freedominacup

willfarmerman wrote: »

Well despite the supposed poor price and the hassle in getting cattle killed the store trade for bullocks and heifers is off the wall in my opinion. Farmer finishers are doing one another more harm at the sales ring than the factories ever could.

It was ever thus. Farmers will never buy cheap cattle but will beat 11 shades of sh1t out of each other to pay more for expensive ones.

Farmer Pudsey

severeoversteer wrote: »

prices are gone to fxxk, and i think it may have something to do with tesco having a fit over its reduced market share, and every other supermarkets attempts to sqeeze tesco even further such as lidl aldi

it definitely has something to do with it anyway

It has more to do with the fact that we are killing 2K animals a week more than last year. And last year we killed 100K animals(2K a week) more than 2012. When numbers go above 30K/week in the factory's they lose intrest in competeing for stock. They also then tend not to want stock that even a little out of spec.

Farmers also have to learn that factory's do not want cattle over 380kgs. I saw in yesterdays Indo that in the North the factory's there do not want cattle born in Ireland. They do not want them over 380kgs and they do not want them over 30 months. They also do not want cattle with more than 4 movements. And in some of these cases they are refusing to kill these cattle completely.

We will follow suit in the next 12 months. The other thing about heavy cattle is that you are giving the factory's more meat to play around with. A steer killing 450kgs has about 55+% more flesh than a heifer kiling 300kgs. However it is a commodity product rather than the heifer which is a retail product. we have to stop producing cheap cuts of meat.

Yes The supermarkets are squeezing however Tesco Ireland is only a small cog in the supermarket chain. Tesco's main issue is it went too far upmarket with it grocery market and it cheaper products tended to be looked as a yellow pack type operation. Aldi in particular came in and are seen to have a quality product at a reasonable price.

willfarmerman wrote: »

Well despite the supposed poor price and the hassle in getting cattle killed the store trade for bullocks and heifers is off the wall in my opinion. Farmer finishers are doing one another more harm at the sales ring than the factories ever could.

When was it any different. Too many farmers have got themselves into a bind they have too much money tied up in cattle and are afraid to extract same in case of a huge tax bill. I cannot understand the gra for good quality cattle, however long may it continue:)

jt65 wrote: »

know a bloke quoted 2.50 for poor quality Holstein bulls (24mnth+)

only quote he could get . nobody else wanted them

I wonder if lads with these sort of cattle if they are stiull under finished would they be better off cooling them down, banding them and putting them to grass. This will depend on weight etc. But lads that were not killing bulls before they hit 24 months were not looking at the warning signs. I have all mine gone, time to move on what has happened cannot be undone.

MfMan

Comes down to supply and demand. This time last year factories couldn't get cattle heavy enough. It'll swing around this way again before 2014 is out I'd wager.

severeoversteer

Farmer Pudsey wrote: »

It has more to do with the fact that we are killing 2K animals a week more than last year. And last year we killed 100K animals(2K a week) more than 2012. When numbers go above 30K/week in the factory's they lose intrest in competeing for stock. They also then tend not to want stock that even a little out of spec.


Yes The supermarkets are squeezing however Tesco Ireland is only a small cog in the supermarket chain. Tesco's main issue is it went too far upmarket with it grocery market and it cheaper products tended to be looked as a yellow pack type operation. Aldi in particular came in and are seen to have a quality product at a reasonable price.







the tesco thing is in england aswell like, not just tesco ireland, we do sell beef in england too !


the factories have stated in recent years that they are able to kill 35-40000 cattle a week, so they didnt bother to make any new outlets for beef , even though they knew the surplus was coming

Farmer Pudsey

severeoversteer wrote: »

[QUOTE

the tesco thing is in england aswell like, not just tesco ireland, we do sell beef in england too !


the factories have stated in recent years that they are able to kill 35-40000 cattle a week, so they didnt bother to make any new outlets for beef , even though they knew the surplus was coming

Yes they can however you also have to relise that the premium market is the UK this takes 53% of our beef now. We all know the spec by now. The factory's are losing interest in the continental markets as these at around 4 euro/kg little or no profit in supplying into these markets.

I think taht lst year the factory's were using the UK market to subsidise the beef they supplied to the continental. The supermarkets insist on looking at all suppliers book, they saw thsi and have used it to squeeze the factory price down

willfarmerman

The industry is and always was up and down. Swings and roundabouts. Winners and losers. When I started farming at home in 2009 a very bad wet year the price of an r grade steer was 2.80 a kg. never in my dreams did I imagine I'd ever see 4 euro a kg. I think the price is not too bad it's just the job of trying to get fit cattle away that's frustrating me. I have no sympathy for those that overplayed for screws of Holstein calves. They made the mistake and should just take their medicine now. I will not be boycotting or blockading any factory for them.

caseman

Farmer Pudsey wrote: »

Yes they can however you also have to relise that the premium market is the UK this takes 53% of our beef now. We all know the spec by now. The factory's are losing interest in the continental markets as these at around 4 euro/kg little or no profit in supplying into these markets.

I think taht lst year the factory's were using the UK market to subsidise the beef they supplied to the continental. The supermarkets insist on looking at all suppliers book, they saw thsi and have used it to squeeze the factory price down

Do you work in the meat industry, if not where do you get this info.

coolshannagh28

Divide and conquer is the name of the game the cartel wins in the end because it hangs together

tim04750

quote from pudsey

I think taht lst year the factory's were using the UK market to subsidise the beef they supplied to the continental. Hard to believe , I dont.

The supermarkets insist on looking at all suppliers book, they saw this and have used it to squeeze the factory price down . You must be joking

just do it

tim04750 wrote: »

The supermarkets insist on looking at all suppliers book, they saw this and have used it to squeeze the factory price down . You must be joking

Nope. The reality is the supermarkets are the dominant player in the beef supply chain. Farmer has the least power. It's the bird sitting on the bottom branch of the tree that gets sh*t upon.

tim04750

jdi
Farmer has the least, no, power. It's the bird sitting on the bottom branch of the tree that gets sh*t upon.

true but there is no way on this earth any suit from Tesco gets to pour over any meat factories books
They have a contract to fill, lowest bidder gets it ,provided it meets the stringent quality requirements , and then its stored beside the mechanically recovered muck full of ligaments, connective tissue, cartilage,and bone marrow - they're variously called burgers ,nuggets ,and fish fingers.
Still cant figure that one, they are so driven to source quality meat to supply to the public but still peddle that gunk, doesn't make sense , or does it ??

Farmer Pudsey

caseman wrote: »

Do you work in the meat industry, if not where do you get this info.

I do not work in the meat industry, if you read newspapers and generally look at the figures, you can get the answers. At the back of the journal every week it gives the average prices of R3 cattle across Europe just like it gives the info about what the supermarkets want. The average price across Europe last year was below the Irish price and the English price was above it. We sell 53% of our beef into the UK market ( Farm-Indo this week) so where did the rest go last year. IMO it had to be sold to Europe technically at a loss.

tim04750 wrote: »

quote from pudsey

I think taht lst year the factory's were using the UK market to subsidise the beef they supplied to the continental. Hard to believe , I dont.

The supermarkets insist on looking at all suppliers book, they saw this and have used it to squeeze the factory price down . You must be joking

Where did the other 50 % of Irish beef go last year especially those heavy bulls and Steers.

I am not joking about Supermarkets looking at Company accounts. It is an issue that has made paper headline for the last few years. if they look at one company's books I assume they look at them all why should meat factory's be different. This is one of the reasons that the supermarkets did not sue over the Horse meat (again in my opinion) as it may well have been them that pointed the Irish meat plants to the cheaper so called beef from Poland.

severeoversteer

Farmer Pudsey wrote: »

I do not work in the meat industry, if you read newspapers and generally look at the figures, you can get the answers. At the back of the journal every week it gives the average prices of R3 cattle across Europe just like it gives the info about what the supermarkets want. The average price across Europe last year was below the Irish price and the English price was above it. We sell 53% of our beef into the UK market ( Farm-Indo this week) so where did the rest go last year. IMO it had to be sold to Europe technically at a loss.



Where did the other 50 % of Irish beef go last year especially those heavy bulls and Steers.

I am not joking about Supermarkets looking at Company accounts. It is an issue that has made paper headline for the last few years. if they look at one company's books I assume they look at them all why should meat factory's be different. This is one of the reasons that the supermarkets did not sue over the Horse meat (again in my opinion) as it may well have been them that pointed the Irish meat plants to the cheaper so called beef from Poland.

but Pudsey, at the moment we are cheapest in Europe, in par with Germany,
Irelands beef at the moment isn't too far off the usa price ! who use hormones and gm feedstuff for full cattles diet, with no tracability at all


whereas Ireland and uk have highest regulations and best quality factories and animals, and we are not being rewarded for the cost of producing it !
something has to give if supermarkets want top quality product but for a price they name,

irish factories are buying up factories all over Europe and England on the back of the profits they make , jasper meats in England was bought only 2 or 3 weeks ago by dawn meats

dzer2

severeoversteer wrote: »

but Pudsey, at the moment we are cheapest in Europe, in par with Germany,
Irelands beef at the moment isn't too far off the usa price ! who use hormones and gm feedstuff for full cattles diet, with no tracability at all


whereas Ireland and uk have highest regulations and best quality factories and animals, and we are not being rewarded for the cost of producing it !
something has to give if supermarkets want top quality product but for a price they name,

irish factories are buying up factories all over Europe and England on the back of the profits they make , jasper meats in England was bought only 2 or 3 weeks ago by dawn meats

And promptly closed their plant in Carlow

severeoversteer

dzer2 wrote: »

And promptly closed their plant in Carlow

it was kepak that closed in carlow, not dawn