Larry buys Slaney Meats

Reggie.

As above. So with Larry buying Slaney Meats and now possibly controlling 30% of the countries cattle kill things aren't looking good for factories prices.

Kinda strange that the competition authority hasn't been up in arms over this :rolleyes:

mahoney_j

Reggie. wrote: »

As above. So with Larry buying Slaney Meats and now possibly controlling 30% of the countries cattle kill things aren't looking good for factories prices.

Kinda strange that the competition authority hasn't been up in arms over this :rolleyes:

Exactly what I thought ,dosnt help that ifa is a shambles as well .....

pedigree 6

As I said a few days or a week ago the CA only work one way.
I posted about larry goodman taking over factories the day before this was announced in the media and no I didn't know about this happening.
Of course this is going to go ahead money talks.
If you want a laugh just look up larry goodman on Wikipedia.
I'm now going to pick the numbers for tomorrows euromillions.:p

mahoney_j

Reggie. wrote: »

As above. So with Larry buying Slaney Meats and now possibly controlling 30% of the countries cattle kill things aren't looking good for factories prices.

Kinda strange that the competition authority hasn't been up in arms over this :rolleyes:

Exactly what I thought ,dosnt help that ifa is a shambles as well .....

Reggie.

pedigree 6 wrote: »

As I said a few days or a week ago the CA only work one way.
I posted about larry goodman taking over factories the day before this was announced in the media and no I didn't know about this happening.
Of course this is going to go ahead money talks.
If you want a laugh just look up larry goodman on Wikipedia.
I'm now going to pick the numbers for tomorrows euromillions.:p

Feel free to share your numbers

pedigree 6

Reggie. wrote: »

Feel free to share your numbers

Ahhhh no!

patsy_mccabe

Ah, more Lolly for Larry !!!

Muckit

The best of good luck to him! Sure isn't he planning to do what slaney couldn't. .. ie keep going! Think of all the jobs saved!

rangler1

ICM kill 40% of the lambs now and if this deal goes through he'll own 50% of ICM.

Some empire

atlantic mist

who will buy them if larry or dawn doesn't

how is it beef factories and grain havent followed the same path as dairy in the country where by we own the processor

pedigree 6

Muckit wrote: »

The best of good luck to him! Sure isn't he planning to do what slaney couldn't. .. ie keep going! Think of all the jobs saved!

Slaney Meats is a highly profitable business. The Allen brothers bought it, it must be 30 years ago or more for very small money. They developed it into a multimillion euro business. It's only in the last few years that fane valley became joint owners of slaney meats. There's a lot investment after going on down the years especially in recent years. The allens are now worth 500 million and it all started off with them buying the factory. If they wanted to keep going they could i'd say the next generation is not that interested. They're shrewd businessmen and if you're offered (how much?) they're not going to turn it down.

DMAXMAN

as bad as the control of the killing side is will he have control of the rendering plant too. if so he could have full control of the rendering business in Ireland so would be very easy to control the amount of cattle any factory kills by only accepting a certain amount of waste from the competition

Base price

mahoney_j wrote: »

Exactly what I thought ,dosnt help that ifa is a shambles as well .....

mahoney_j wrote: »

Exactly what I thought ,dosnt help that ifa is a shambles as well .....

What do you think the IFA could have done to stop it?
Would the IFA have tried to stop it?
If the Competition Authority didn't stop it then the sale is legal.

I remember in the early to mid eighties AIBP tried to buy Halal in Ballyhaunis (I think it was Halal, might have been something to do with Purcell) and they were prevented then by the CA (I presume) at the time.
Ireland was a different place then with lots of small local butcher/factories, AIBP was the main player and still is to this day. They have the clout and always had.

pedigree 6

Base price wrote: »

What do you think the IFA could have done to stop it?
Would the IFA have tried to stop it?
If the Competition Authority didn't stop it then the sale is legal.

I remember in the early to mid eighties AIBP tried to buy Halal in Ballyhaunis (I think it was Halal, might have been something to do with Purcell) and they were prevented then by the CA (I presume) at the time.
Ireland was a different place then with lots of small local butcher/factories, AIBP was the main player and still is to this day. They have the clout and always had.

Well the IFA are meeting with them next week.

http://www.wexfordpeople.ie/news/crunch-meeting-at-slaney-meats-34269233.html

Base price

pedigree 6 wrote: »

Well the IFA are meeting with them next week.

http://www.wexfordpeople.ie/news/crunch-meeting-at-slaney-meats-34269233.html

A bit late in the day for concern. Every dog in the street knew that AIBP was taking a share in Slaney Meats. There was comment about it on this very forum throughout the year.

rangler1

Base price wrote: »

A bit late in the day for concern. Every dog in the street knew that AIBP was taking a share in Slaney Meats. There was comment about it on this very forum throughout the year.

Information on an anonymous forum wouldn't be very dependable I think.
Won't make much difference when ''well informed'' farmers think larry manages the trade anyway

Base price

rangler1 wrote: »

Information on an anonymous forum wouldn't be very dependable I think.
Won't make much difference when ''well informed'' farmers think larry manages the trade anyway

All I can say is that I heard talk about the Slaney/ICM AIBP merger months ago and that was whilst standing in a factory office.
I don't now if AIBP manages the trade but I think they do manage & control the offal - which pretty much amounts to the same thing :rolleyes:

Muckit

Was there any whispers of any other interested parties? If the slaughter industry is so lucrative why was there no competition from others to buy it, or was there?

rangler1

Base price wrote: »

All I can say is that I heard talk about the Slaney/ICM AIBP merger months ago and that was whilst standing in a factory office.
I don't now if AIBP manages the trade but I think they do manage & control the offal - which pretty much amounts to the same thing :rolleyes:

Larry would have to cut costs, same as anyone else.....no different than dairy farmers growing their own grain or mixing their own rations
Competition authority aren't going to come down on the farmers side anyway

ruben37

I say best of luck to him and young Mark they certainly know their game, as in both beef and property the older brother lawrance seems to be the property guru helped no doubt by the old man.

By the way I have no connection with anyone at AIBP bar a few long term employees who seem to be paid very wel,l way down the pecking order as in factory line workers.

Talking to a friend in the NW of the country he claims Goodman was a big loss when he off loaded his Donegal plant. He would describe the current owners as blood sucking parasites along with many others.

Employees also seem to be working for little or nothing and mostly not from Ireland. They would also be subjected to all sorts of tests both blood and urine, worrying. Not just those on the factory line! Bottom line payment for top price product, it only works for so long!

rangler1

CloughCasey1 wrote: »

Don't be so naive Rangler.

The irish farmers who still expect top price for overweight cattle are the ones that are naïve, the rubbish that is being spewed out about cuts to price after all the indications were that farmers were going to have to get real on target weights.....good sheep farmers have been doing it for years.
Great idea, produce out of spec cattle and then blame IFA.
I listened to it all at our IFA meeting last week
I'm buying a new tractor at the moment and it better be the spec that I want ........customer is always right, in case you don't know

CloughCasey1

Business is filthy always has been always will. I'm only at the bottom of the food chain and I see it everyday . imagine what the big boys are doing.

greysides

[mod]Some wide leeway was given on the recent IFA thread for people to have a good old rant and clear it out of their systems but on this thread normal civility and posting rules will be strictly enforced.
The subject is the buying into Slaney Foods by Larry Goodman, please stay on/close to topic.
[/mod]

Dozer1

Farmers have very little control over any of the outlets we supply, ABP and the other processors have built a profitable well run business and fair play to them, if we all ran our farms as efficiently as they do their business we might all be in a better place.

I don't like that they control the market and especially the rendering facilities but nobody else is willing or able so what other alternatives are there?

I'm not a member of IFA but even if they weren't in turmoil there is nothing they could do.
Look at the round table,its just another talking shop.

If I can farm as efficiently as they run their business then I reckon there is a future for me too.

Base price

ICSA have contacted the Competition Authority regarding the merger -
http://www.agriland.ie/farming-news/concerns-over-abp-slaney-tie-up-brought-formally-to-competition-authority/

Brown Podzol

Who'll buy Dunbia?

http://www.farmersjournal.ie/dunbia-understood-to-be-for-sale-196117/

Fuxake

Base price wrote: »

ICSA have contacted the Competition Authority regarding the merger -
http://www.agriland.ie/farming-news/concerns-over-abp-slaney-tie-up-brought-formally-to-competition-authority/

Fair play to them, at least LG is not getting a complete free ride. But don't hold your breath on competition authority doing anything.

Base price

Fuxake wrote: »

Fair play to them, at least LG is not getting a complete free ride. But don't hold your breath on competition authority doing anything.

Believe me I don't. I have been on this merry go round long enough to cut to the chase.

Red Cloud

Looking at Paris climate accord we'll all be herding conifer trees in 20 years time anyway.
Any talk of the big L buying up sawmills?

Muckit

Not a hope of that happening. Paddy M is the Larry G of the timber Industry

kk.man

If JBS took over Dunbia Larry would be more fearful of them than the Competition Authority!

ganmo

If Larry had to shut down his feed lots as a result of this would that rebalance the situation?

Fuxake

kk.man wrote: »

If JBS took over Dunbia Larry would be more fearful of them than the Competition Authority!

Should farmers be more fearful of JBS than Larry?

angusangus

Larry has a lorry

kk.man

Well it finally happened...thought at worst there would be conditions attached but no... EU for big business big farmers...here's to beef farming in the doldrums!

ganmo

Not sure who it's worse for, beef or lamb

blue5000

AFAIK Dawn have Kildare chilling.

_Brian

Big get bigger and the small get trodden on.

freedominacup

blue5000 wrote: »

AFAIK Dawn have Kildare chilling.

No-one knows. The lads don't even make the rich list and the land holdings they own alone would put them well up there. Companies delisted left and right over the past few years.

laoch na mona

I always wondered why meat processing cooperatives were never developed, ultimately if you want to avoid situations like the one we have now cooperation is an attractive solution as it gives farmers a share in the processing

Reggie.

laoch na mona wrote: »

I always wondered why meat processing cooperatives were never developed, ultimately if you want to avoid situations like the one we have now cooperation is an attractive solution as it gives farmers a share in the processing

Because you'll always have some beef farmers that want to get one over on the neighbour's I suppose

freedominacup

laoch na mona wrote: »

I always wondered why meat processing cooperatives were never developed, ultimately if you want to avoid situations like the one we have now cooperation is an attractive solution as it gives farmers a share in the processing

There were plenty of them. They had two things in common. Terrible management and they all went bang in one way or another. Which would have to be laid squarely at the feet of the farmer led boards.

rangler1

freedominacup wrote: »

There were plenty of them. They had two things in common. Terrible management and they all went bang in one way or another. Which would have to be laid squarely at the feet of the farmer led boards.

The way things are looking at the moment, dairy Co.ops aren't going to last long in the real market either

Who2

freedominacup wrote: »

There were plenty of them. They had two things in common. Terrible management and they all went bang in one way or another. Which would have to be laid squarely at the feet of the farmer led boards.

Not alone that, larry has enough to starve any co op out of supply and your never going to find a market that he can't get his claws into.

Mac Taylor

The best thing for the Irish beef industry from a farmers perspective would be a strong live trade. Unfortunately most of the markets we traditionally sent cattle to are in a terrible state. I heard 3 more boat loads are heading to turkey before Xmas. Small fry at the moment but you would hope it might mature into something more.
A good few guys around here who would buy now to finish next year are not bothering this year.

I'd say we're in for a few interesting years.

Muckit

What will lads/lassies on here do differently? Will suckler lads still keep the same numbers? Willdrystock lads buy in the same numbers?

Have we adapted to the changes in the dairy sector and alk the extra calves?

Reggie.

Muckit wrote: »

What will lads/lassies on here do differently? Will suckler lads still keep the same numbers? Willdrystock lads buy in the same numbers?

Have we adapted to the changes in the dairy sector and alk the extra calves?

Wonder will the dairy lads get to sell as many calves in the coming years

Muckit

How do you mean?

Mac Taylor

Reggie. wrote: »

Wonder will the dairy lads get to sell as many calves in the coming years

Wh Bulls at 250kg making ~€450. Better buy than calves??

Reggie.

Muckit wrote: »

How do you mean?

Well if the finishers aren't there the lads that supply the stores surly won't but as many calves in the coming years

Muckit

Reggie. wrote: »

Well if the finishers aren't there the lads that supply the stores surly won't but as many calves in the coming years

So what will the dairy lads do with their calves?