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Mart Price Tracker

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Comments

  • Registered Users, Registered Users 2 Posts: 2,746 ✭✭✭CloughCasey1


    cute geoge wrote: »
    I want to ask bass one question when he has cattle sold and needs to restock ,all cattle in the marts are mad dear what does he do ?
    It is easy talk about buying cheap after 3 months of shlty weather but it is a different story when the sun is shining .Does he make extra silage that year or does he still manage to buy all these cheap cattle??

    Watches done deal like a hawk!!!!


  • Registered Users, Registered Users 2 Posts: 5,893 ✭✭✭Bullocks


    cute geoge wrote: »
    I want to ask bass one question when he has cattle sold and needs to restock ,all cattle in the marts are mad dear what does he do ?
    It is easy talk about buying cheap after 3 months of shlty weather but it is a different story when the sun is shining .Does he make extra silage that year or does he still manage to buy all these cheap cattle??
    As a buddy of mine says "it's no harm to keep your powder dry for awhile "
    Silage won't go bad if it's not ate this year , even if you have to cut a bit of strong grass . Maybe means using less fertilizer next year .
    You don't have to buy the same amount/type of animals every year . I think the lads that are flexible from year to year according to the market usually fare out better .
    Of course it's hard to anticipate everything and there are years you can get stung no matter what way you turn but that's life .


  • Registered Users, Registered Users 2, Paid Member Posts: 21,172 ✭✭✭✭Bass Reeves


    cute geoge wrote: »
    I want to ask bass one question when he has cattle sold and needs to restock ,all cattle in the marts are mad dear what does he do ?
    It is easy talk about buying cheap after 3 months of shlty weather but it is a different story when the sun is shining .Does he make extra silage that year or does he still manage to buy all these cheap cattle??

    If I buy I tend to buy less. But in general I would keep my powder dry. As well tend buy as or before I sell. I sold cattle in June this year I did not replace until August but maybe I should have waited until now. However the ones I bought will be housed 50-80kgs heavier than when bought. However I spread very little fertlizer except on silage ground for June and July

    Nothing wrong with extra silage or having fewer cattle to graze for a while. Last year I taught cattle were too expensive from August until November. It was November before I bought 20 of my stores in one day and 10 another. But I was prepared to have a low stocking rate this year.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 11,719 ✭✭✭✭patsy_mccabe


    You have to be mindful of income tax too. You dont want to be showing large incomes on paper just because you bought in less cattle in that year.


  • Registered Users, Registered Users 2, Paid Member Posts: 21,172 ✭✭✭✭Bass Reeves


    You have to be mindful of income tax too. You dont want to be showing large incomes on paper just because you bought in less cattle in that year.

    That can be kept right by allocating proper values to stock so that if you destock the difference is only marginal

    Slava Ukrainii



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  • Registered Users, Registered Users 2 Posts: 1,263 ✭✭✭MIKEKC


    You have to be mindful of income tax too. You dont want to be showing large incomes on paper just because you bought in less cattle in that year.

    How would less cattle show a bigger income ?. The fact that there is less cattle on the books will dalance this out


  • Registered Users, Registered Users 2 Posts: 2,312 ✭✭✭TITANIUM.


    MIKEKC wrote: »
    How would less cattle show a bigger income ?. The fact that there is less cattle on the books will balance this out.

    I presume he means for example he sells cattle to the value of 50k and normally buys in cattle to the value of 30k. Leaving 20k less expenses to be taxed.
    But if he sells 50k worth of cattle this year and doesn't replace them for what ever reason before the end of the year then he's looking at higher tax bill. Unless he's income averaging or something like that.


  • Registered Users, Registered Users 2 Posts: 11,719 ✭✭✭✭patsy_mccabe


    Exactly. I asked the question here before about carrying over the money as working capital or some other term, but nobody could give me an answer. Lakill?


  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    Exactly. I asked the question here before about carrying over the money as working capital or some other term, but nobody could give me an answer. Lakill?

    Your right patsy , we’d always try to have the same number of cattle on the last day of the accounting year. It’s the last day in April when we were full/ nearly full.

    Also I wanna cut back on suckers but have to sell them over 2 or 3 years or I’ll get cleaned on tax.


  • Registered Users, Registered Users 2 Posts: 608 ✭✭✭larthehar


    Exactly. I asked the question here before about carrying over the money as working capital or some other term, but nobody could give me an answer. Lakill?

    You could buy stock of the same value before year end.. i know a lad bought a few purebred animals cause commerials were too dear and sold them on again..


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  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    https://www.donedeal.ie/view/16988323
    Suckler Cows


    25 cows with blue era kings at foot. What ball park will these lads make.


  • Registered Users, Registered Users 2 Posts: 796 ✭✭✭valtra2


    2000 to 2500


  • Registered Users, Registered Users 2 Posts: 1,453 ✭✭✭Never wrestle with pigs


    valtra2 wrote: »
    2000 to 2500

    Agree. If he doesn't get that he's me mad to sell them. I think they would be worth more separated.


  • Registered Users, Registered Users 2 Posts: 6,224 ✭✭✭charolais0153


    2k to 3k. Seen them type go that before


  • Registered Users, Registered Users 2 Posts: 11,719 ✭✭✭✭patsy_mccabe


    2k to 3k. Seen them type go that before

    :eek: €3K, Bass Reeves will have a heart attack. Really like the cow type though. Big roomy hips and milk. Hard to beat that. Cow in pic 2 & 3 is the business.


  • Registered Users, Registered Users 2 Posts: 1,453 ✭✭✭Never wrestle with pigs


    :eek: €3K, Bass Reeves will have a heart attack. Really like the cow type though. Big roomy hips and milk. Hard to beat that. Cow in pic 2 & 3 is the business.

    If they are young and not the leftovers of a big herd. Look like right hardy cows though. Wonder if he's getting on the milk train.


  • Registered Users, Registered Users 2 Posts: 6,224 ✭✭✭charolais0153


    :eek: €3K, Bass Reeves will have a heart attack. Really like the cow type though. Big roomy hips and milk. Hard to beat that. Cow in pic 2 & 3 is the business.

    If ya think about it. Lets say 1000 for good bull calf. And the cows are back in calf. So theyre worth at least 1500-1700 when you consider a cow that produces a calf worth800 is worth 1400. So theyre worth 2.5k at that.


  • Closed Accounts Posts: 3,239 ✭✭✭Willfarman


    :eek: €3K, Bass Reeves will have a heart attack. Really like the cow type though. Big roomy hips and milk. Hard to beat that. Cow in pic 2 & 3 is the business.

    If ya think about it. Lets say 1000 for good bull calf. And the cows are back in calf. So theyre worth at least 1500-1700 when you consider a cow that produces a calf worth800 is worth 1400. So theyre worth 2.5k at that.
    The calf is still in the oven though. Bull or heifer? Live or dead? Jesus you'd want balls to play cricket to write a cheque for any amount of them...


  • Registered Users, Registered Users 2 Posts: 6,224 ✭✭✭charolais0153


    Willfarman wrote: »
    The calf is still in the oven though. Bull or heifer? Live or dead? Jesus you'd want balls to play cricket to write a cheque for any amount of them...

    They are incalf and have calves at foot....


  • Registered Users, Registered Users 2 Posts: 1,339 ✭✭✭Dozer1


    https://www.donedeal.ie/beefcattle-for-sale/cattle/17064662

    would rather these types myself, less money involved and a bit of feeding they'd be easier managed and you'd imagine hardier.


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  • Registered Users, Registered Users 2 Posts: 796 ✭✭✭valtra2


    Some of the bulls going today


  • Registered Users, Registered Users 2 Posts: 796 ✭✭✭valtra2


    Some of heifers weaned last week.


  • Registered Users, Registered Users 2, Paid Member Posts: 21,172 ✭✭✭✭Bass Reeves



    If ya think about it. Lets say 1000 for good bull calf. And the cows are back in calf. So theyre worth at least 1500-1700 when you consider a cow that produces a calf worth800 is worth 1400. So theyre worth 2.5k at that.

    The problem is that you are referring one price off another. All the calves worth 1K or is it in 2-3 months time. You then have to ask why is he selling is he exiting suckling because it is unprofitable. As well what are the ages of the cows and in a system like this what average lifespan ha e they. Next year some of these cows could be side door jobs.

    Lots of good suckler cows sell in the 1k-1200 bracket. As well no point in being a busy fool you need profit on the calf as well as the cow. One would also imagine that lads involved in this game are limited in numbers.

    You could also price the cows at cull value after calving next year allow a profit margin after a risk value. 600 for a heifer calf 750 for a bull, 800_1000 as cull value of the cows. 1.4-1.8k would leave you not wasting your time

    Slava Ukrainii



  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    Dozer1 wrote: »
    https://www.donedeal.ie/beefcattle-for-sale/cattle/17064662

    would rather these types myself, less money involved and a bit of feeding they'd be easier managed and you'd imagine hardier.

    There is only going to be one winner in a deal with someone from Beara!!


  • Registered Users, Registered Users 2 Posts: 1,134 ✭✭✭tellmeabit


    valtra2 wrote:
    Some of heifers weaned last week.


    Lovely animals. What age are they? On much meal for long?


  • Registered Users, Registered Users 2 Posts: 796 ✭✭✭valtra2


    tellmeabit wrote: »
    Lovely animals. What age are they? On much meal for long?

    January Feb calves. Just weaned and on half kg a day from last week. 400kg at weaning.


  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    valtra2 wrote: »
    Some of heifers weaned last week.

    They’re in fierce order.


  • Registered Users, Registered Users 2 Posts: 1,524 ✭✭✭grassroot1


    valtra2 wrote: »
    Some of the bulls going today

    Quality stock you can be proud of them!


  • Registered Users, Registered Users 2 Posts: 11,719 ✭✭✭✭patsy_mccabe


    Sold 3 cull suckler cows recently.

    1- Year 2009, 840Kg, €1500
    2- Year 2015, 550Kg, €1020
    3- Year 2015, 550Kg, €920

    1- Prolapsing cow and lame. Took straight of 5 month calf. Late calver and cross too. Couldnt believe weight.
    2 - Lost calf as came backwards. She wasnt fit to kill so may have gone for further feeding.
    3 - Had caesarian section. Small cow. Sold 6 month calf seperately a few days later for €775 270Kg.

    I was feeding all some meal for about a month. All home bred. You win some, you loose some.
    I think I will cull all cows this way in future too. Feed meal while calves still with them.


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  • Registered Users, Registered Users 2 Posts: 796 ✭✭✭valtra2


    grassroot1 wrote: »
    Quality stock you can be proud of them!

    Pity the ppl buying them don't think the same.


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