Mart Price Tracker

TITANIUM.

Wes Palmer Lee wrote: »

Drumshanbo last night ... great trade . I thought it would be a disaster with the weather..!

Dry Cows: LMx 640kg 1140e CXx 655kg(14 born) 1310e AAx 740kg 1175
poorer type cows 550kg 660e 620kg 775e etc.

Heifer ring little sweet 200kg goldie ch and lmx making 570 -620e
saw one nice hfd/sim heifer 370kg made 1070e, bbx shapy type 490kg sold for 1170.

Sold a few bull weanlings..lighter types a rob...up to 3e a kg
heavier (over 370+kg) getting it tight to make 900e.
why would anyone keep a bull weanling past 300kg I ask myself??

To try to do more than just cover the cost of the cow. This is all dependent on the time of the year. I try where practical to carry the calves/weanlings till there worth at least 1000 euro. However if this means feeding a pile of ration over the winter then your right.

patsy_mccabe

Price per kilo is a bad way of looking at weanling prices. Because of the cost of keeping the cow, the price per kilo is going to drop as the weanling puts on weight. You can delude yourself by selling at a lower weight thinking you are getting a better deal as the price per kilo is higher.
Ideally I like to calve in jan/feb. The calves get the max benefit of the spring grass and are gone before the costly winter comes along. Maximise gain from grass is the best, for me anyway.

croot

patsy_mccabe wrote: »

Price per kilo is a bad way of looking at weanling prices. Because of the cost of keeping the cow, the price per kilo is going to drop as the weanling puts on weight. You can delude yourself by selling at a lower weight thinking you are getting a better deal as the price per kilo is higher.
Ideally I like to calve in jan/feb. The calves get the max benefit of the spring grass and are gone before the costly winter comes along. Maximise gain from grass is the best, for me anyway.

I agree that you can mislead yourself with price per kg but it’s probably the best way of working it out. It annoys me when you get a fella saying he did mighty because he got €400 with the weight when the calf was only 200 kg and sold for €600. In reality he has lost money when you factor cow costs.

charolais0153

croot wrote: »

I agree that you can mislead yourself with price per kg but it’s probably the best way of working it out. It annoys me when you get a fella saying he did mighty because he got €400 with the weight when the calf was only 200 kg and sold for €600. In reality he has lost money when you factor cow costs.

And yet hes got 3e kg. The best way is just to say the bloody weight and price

charolais0153

TITANIUM. wrote: »

To try to do more than just cover the cost of the cow. This is all dependent on the time of the year. I try where practical to carry the calves/weanlings till there worth at least 1000 euro. However if this means feeding a pile of ration over the winter then your right.

Ya need to average 1000e. Even thpugh 1000 was a great price 6 years ago you really need to be getting 1100 and 1050 because of increased costs

Never wrestle with pigs

patsy_mccabe wrote: »

Price per kilo is a bad way of looking at weanling prices. Because of the cost of keeping the cow, the price per kilo is going to drop as the weanling puts on weight. You can delude yourself by selling at a lower weight thinking you are getting a better deal as the price per kilo is higher.
Ideally I like to calve in jan/feb. The calves get the max benefit of the spring grass and are gone before the costly winter comes along. Maximise gain from grass is the best, for me anyway.

Fully agree, I calve at the same time and make the cows work. Why people leave cows dry for six months of the year is mind boggling. I'm going to pull back a little more to the middle of December to take the pressure off if the weather turns early and the price seems to peak a few weeks before sfp.

I didn't put the heifers on the scale but at a guess I'd say 300kg for the small ones and 400kg for the bigger ones. Only on a kg of nuts the last two weeks since they came off the cows. Have them out and they are happy out. Hope to get another 2/3 weeks out as they are healthy and have lots of grass. This rain could stop that fairly quick though.

Hard Knocks

charolais0153 wrote: »

Ya need to average 1000e. Even thpugh 1000 was a great price 6 years ago you really need to be getting 1100 and 1050 because of increased costs

Heard from a few lads work in marts that buyers have a limit generally around €800-€900 & apart from big sales the €1000+ prices aren’t there anymore

Pidae.m

Hard Knocks wrote: »

Heard from a few lads work in marts that buyers have a limit generally around €800-€900 & apart from big sales the €1000+ prices aren’t there anymore

Very true. You’d see a heap of dung make €830 and great calves making €880

Pidae.m

Pidae.m wrote: »

Very true. You’d see a heap of dung make €830 and great calves making €880

Against that , if you were taking a base of €3:70 this week I’d be disillusioned heading to a sale to replace them.

patsy_mccabe

Hard Knocks wrote: »

Heard from a few lads work in marts that buyers have a limit generally around €800-€900 & apart from big sales the €1000+ prices aren’t there anymore

Very true. Seen a few of the big buyers I know dropping out at that magic number of €900. It keeps dicipline on themselves, I suppose.

Hard Knocks

patsy_mccabe wrote: »

Very true. Seen a few of the big buyers I know dropping out at that magic number of €900. It keeps dicipline on themselves, I suppose.

Not good for the primary producer

TITANIUM.

Pidae.m wrote: »

Against that , if you were taking a base of €3:70 this week I’d be disillusioned heading to a sale to replace them.

True that.
Sh1te factory prices don't be long hitting the sales ring.
And you couldn't blame finishers TBH.

Cavanjack

charolais0153 wrote: »

Ya need to average 1000e. Even thpugh 1000 was a great price 6 years ago you really need to be getting 1100 and 1050 because of increased costs

If the finisher was working off that argument we could only pay €850-€900 for the same weanling that was making €1000 six years ago. Unfortunately our costs have risen too.

croot

charolais0153 wrote: »

And yet hes got 3e kg. The best way is just to say the bloody weight and price

That’s what I said. It’s the best way to say price per kg.

charolais0153

croot wrote: »

That’s what I said. It’s the best way to say price per kg.

croot wrote: »

I agree that you can mislead yourself with price per kg but it’s probably the best way of working it out.

You have me confused. Im saying its wrong to say price per kg. Just price and weight

croot

charolais0153 wrote: »

You have me confused. Im saying its wrong to say price per kg. Just price and weight

Ok got you. A bit confused myself.

I thought you meant for example someone says animal was 400kgs and made €2.50 per kg.

charolais0153

Cavanjack wrote: »

If the finisher was working off that argument we could only pay €850-€900 for the same weanling that was making €1000 six years ago. Unfortunately our costs have risen too.

2010 the price for a r3 steer was under 3e/kg.....

Western Pomise

What kind of trade are suckler cows scanned in calf for March to PB Char bull?....have a few to sell.

Anyone see good beef sucklers in calf for spring sold lately?

Hard Knocks

Western Pomise wrote: »

What kind of trade are suckler cows scanned in calf for March to PB Char bull?....have a few to sell.

Anyone see good beef sucklers in calf for spring sold lately?

Bought 1 recently for €900.
Say €800-€1200 depending on quality.
There’s a long time between now & Spring

Bass Reeves

charolais0153 wrote: »

2010 the price for a r3 steer was under 3e/kg.....

2010 is a bad year to pick as an example of finishing prices. Below are the R3 prices for steers in Ireland and the UK for the last 10 years



Search Results
Time Ireland/Steers/R3 (Cent) Gt. Britain/Steers/R3 (Cent)
2007 275.71 303.50
2008 317.30 327.70
2009 286.93 316.33
2010 291.39 316.59
2011 343.65 358.05
2012 386.38 426.78
2013 407.47 458.33
2014 369.99 437.68
2015 398.21 481.94
2016 377.11 416.67
2017 383.57 419.63


What we can see from the table is that the price difference between both markets went from 30-40c/kg except during 2014/2015 when there was a whopping 70-80c difference. Prices rose from about a pound/lb to todays price tipping 4/kg. These are ex vat prices so in general you add another 5% to the prices to get the prices paid to Irish farmers.

From this you could assume that finishers must be making serious money. However 2005 saw the end of the beef premia on cattle and the introduction of the SFP and a lot of beef farmers were slow to adjust with costs. Since then farm payments have reduced and in general Finishers payments have reduced more than most with lower stocked farms getting a rise in payments.

Yet even with this price rise winter finishers are exiting the game as it is too expensive to finish cattle out of a shed. 3/kg for a 300kg suckler weanling is a huge sum. A friesian weanling the same weight on average will be bought from 450ish euro. The friesian done well slaughtered as a steer at 28-30 months will hit 350kgs DW and make about 1330-1400 euro depending on the price on the day. To achieve the same margin the suckler will need to hit 1780-1850 euro so needs to kill 440-450kgs. But with more investment tied up in the animal you would assume that the finisher would need a greater margin on the suckler animal. In general lads that finish these may well operate on a lower margin than lads that buy plainer animals

Since the mid noughties the price of rations have risen 30-40% with a lot of other costs rising suit but for finishers these costs form a bigger percentage of there costs especially in winter finishing where costs using ration have risen from sub 2 euro/head /day to over 3/day on feed costs alone. This tempted some finishers into using straights, beet and maize silage. disadvantage was that all had to be paid up front pre cattle purchasse and converted back into cash to pay off bank loans during the winter Winters like 2014 broke a lot of these farmers.

There has been a number of other change since 2012/2013. Up until then bulls could be slaughtered up to 30 months of age. while Qa was paid up to 30 months on steers and heifers after that they could be carried to 4 years old if you wanted now age limits at 36 months andweight limits have changed the game

restive

How much a kilo are heavier Friesian steers going? About 500kg.

Cavanjack

restive wrote: »

How much a kilo are heavier Friesian steers going? About 500kg.

1.40-1.60

valtra2

Some weanling sold tonight.one set of twin bb. 2seconď was 2 first calfers. Calfed at 2 years. Tried si on 6 cows to get replacements. All bulls

Cavanjack

valtra2 wrote: »

Some weanling sold tonight.one set of twin bb. 2 first calfers. Calfed at 2 years.

I'd say You're happy with that. Would you have much meal in them lads?

valtra2

Cavanjack wrote: »

I'd say You're happy with that. Would you have much meal in about 140 to 160 kg each since they started 8 weeks ago

tanko

Serious weight gain for the last two, about 1.7kg/day.
What sim bulls are those calves off?

valtra2

tanko wrote: »

Serious weight gain for the last two, about 1.7kg/day.
What sim bulls are those calves off?

Were doing 1.45 before I started meal. All were xcd

Attie

Have to agree great weight gain. What grade would they make.
Any pictures ??

valtra2

Attie wrote: »

Have to agree great weight gain. What grade would they make.
Any pictures ??

All u I would say. All gone for u 16 bulls or export. That what last year's ones went to. No pic but can take few pics of the ones left mostly lm left will go in next few weeks. Few heifers weight the weekend and heaviest are just 400 kg. No meal. Doing 1.4 to 1.5kg per day. But that only the best few. Have not weight all of them yet so don't know there adv weight. Bulls were adv 380 kg and doing adv 1.4kg per day 8 to 10weeks ago when I started on meal.

tanko

valtra2 wrote: »

Were doing 1.45 before I started meal. All were xcd

Have 12 cows in calf to XCD for next spring, did you use him again this year or try something else?