Beef price tracker 2

downtown3858

Any beef prices for this morning

dryan

bullocks @ 3.80 base was the best i could manage for a few today - Weight restrictions kicking in at 460kg.

kk.man

dryan wrote: »

bullocks @ 3.80 base was the best i could manage for a few today - Weight restrictions kicking in at 460kg.

If it kicks in at 460 I couldn't complain too much not many fall into that caterory.

dryan

kk.man wrote: »

If it kicks in at 460 I couldn't complain too much not many fall into that caterory.

The initial offer was 440kg limit.
I pushed them on it and they upped it to 460 - luckily i did as the heaviest lad came in at 455kg.

dryan

Jjameson wrote: »

What was the penalty going to be for over 460?

Penalty for going over the 460kg was a flat rate payment of 3.80/kg, no bonuses.

Agent was saying that they just dont want the heavy carcasses, no market for them.

downtown3858

Safer showing cattle in marts at 3.80. Let them fight over them online . Mart prices are well over 4.10

Bass Reeves

Jjameson wrote: »

What was the penalty going to be for over 460?

I think most go for a straight 20c/kg deduction which in reality takes away your QA

tanko

Saw some CHX bullocks sold in Dowra (i think) on Saturday
890 2200
860 2040
765 1950
775 1870
725 1650

All between 23-25 months supposedly.

grange mac

tanko wrote: »

Saw some CHX bullocks sold in Dowra (i think) on Saturday
890 2200
860 2040
765 1950
775 1870
725 1650

All between 23-25 months supposedly.

Few of them bullocks may have been forgotten about in the corner of a field for a few months before being registered if they were that age....

Reggie.

grange mac wrote: »

Few of them bullocks may have been forgotten about in the corner of a field for a few months before being registered if they were that age....

Them rushes are hoors

Bass Reeves

Reggie. wrote: »

Them rushes are hoors

Ya that why all the hurling is in the tillage area's. If you cannot find a calf what chance of finding a slitor in the rushes

downtown3858

Any deadweight prices for today

tanko

What would a 36 month old heifer U- 3= 390kgs be worth in a factory this week?

Cavanjack

tanko wrote: »

What would a 36 month old heifer U- 3= 390kgs be worth in a factory this week?

At €3.90 base a kg she would come into €4.02 as a u- so €1567 before deductions if she was over 36months. Under 36 months she’d make 8cent more a kg.

Bass Reeves

tanko wrote: »

What would a 36 month old heifer U- 3= 390kgs be worth in a factory this week?

It would depend if she was under it over 36 months. Present base is 3.85-3.9/kg.
U36 months add 12 c/ kg for grading and8c/ kg QA.

U36 months @3.9 base total price 4 1/kg =1599 euro

Over 36months no QA and mane 10c off the base probably definately if you got 3.9/kg

Over 36 months 3.9 base total price 3.92/kg =1528euro

I hope whoever had her slaughtered her u36 months

farmer lad

what base are steers and heifers this week?

Anto_Meath

I am hearing €3.85 for steers and €3.90 for Heifers. €3.95 and €4 can be got in Donegal if between 280 Kgs and 380 Kgs DW & QA, but I hear they work their grid different (don't know never sent cattle there) so what you gain in 1 way you could loose more the other. Heavy cattle are in scarce supply so I would guess €4 base should be achievable if you have a load.

Robson99

How do lads see beef prices over the next 3 - 4 months ?
Will they hover around the €4/kg through till September ?

Cavanjack

Robson99 wrote: »

How do lads see beef prices over the next 3 - 4 months ?
Will they hover around the €4/kg through till September ?

They’ll drop quicker than the rose anyway. Can’t see them at €4 in sept. More like €3.8 and I’d like to think I’m an optimistic person.

Bass Reeves

I think there is a bit more left in this. Demand is strong as Europe reopens. I think the prices will strengthen another bit between now and the end of May. Cattle will not start really coming off grass until mid late June. They be trying to pull prices from late May to get lads to bring cattle off grass.

I think prices should be ok until September. There will be a serious pull from the then on cattle numbers will seriously high from November on as there is 200k extra 2020 cattle to process. One caveat is cow numbers we are now starting to see the cull of Friesian cows starting to become a factor in the beef kill. Now dairy farmers will milk the dog if it comes to it for this year anyway but down the line we will have to factor in a huge number of dairy cows into the system.

This year could be a winner for any lad that has changed over from suckler's to dairy beef. While calves were dearer if he is culling cows and slaugtering cattle he be better off than the last few years.

jntsnk

Robson99 wrote: »

How do lads see beef prices over the next 3 - 4 months ?
Will they hover around the €4/kg through till September ?

Traditional they will drop it sometime in June.

1373

Bass Reeves wrote: »

I think there is a bit more left in this. Demand is strong as Europe reopens. I think the prices will strengthen another bit between now and the end of May. Cattle will not start really coming off grass until mid late June. They be trying to pull prices from late May to get lads to bring cattle off grass.

I think prices should be ok until September. There will be a serious pull from the then on cattle numbers will seriously high from November on as there is 200k extra 2020 cattle to process. One caveat is cow numbers we are now starting to see the cull of Friesian cows starting to become a factor in the beef kill. Not dairy farmers will milk the dig if it comes to it for this year anyway but down the line we wl have to factor in a huge number of dairy cows into the system.

This year could be a winner for any lad that has changed over from suckler's to dairy beef. While calves were dearer if he is culling cows and slaugtering cattle he be better off than the last few years.

One finisher with 1500 cattle told me he carried most of his over the winter instead of fattening and so did a lot more winter finishers do similar.

k mac

Anto_Meath wrote: »

I am hearing €3.85 for steers and €3.90 for Heifers. €3.95 and €4 can be got in Donegal if between 280 Kgs and 380 Kgs DW & QA, but I hear they work their grid different (don't know never sent cattle there) so what you gain in 1 way you could loose more the other. Heavy cattle are in scarce supply so I would guess €4 base should be achievable if you have a load.

How exactly does "on the grid" work or what exactly does it mean. Am i right in thinking for example i am sending cattle to the factory and the price they are giving is 4 euro a kg and if my cattle grade say U or R i get the QA bonus, but if i am offered and take an on the grid price this might be less, say 3.80 a kg but with this price i would get no bonus such as QA, but the other side is i would not get any deduction for being overfat, not grading U or R etc.

Bass Reeves

jntsnk wrote: »

Traditional they will drop it sometime in June.

The drop in n June can be very mixed. Last year they rise in July/August. You often find this in years where numbers are tight. The processor's drop prices in late May/early June to force out the last of the cattle idiots are feeding in the shed. It also panics some lads. Supply dries up a bit in late June early July and prices stabilize or rise slightly before the serious pull in September/October

Water John

Does Ramadan have an influence on beef demand? It has begun.

limerick farmer

think it has more of an effect on sheepmeat

Anto_Meath

k mac wrote: »

How exactly does "on the grid" work or what exactly does it mean. Am i right in thinking for example i am sending cattle to the factory and the price they are giving is 4 euro a kg and if my cattle grade say U or R i get the QA bonus, but if i am offered and take an on the grid price this might be less, say 3.80 a kg but with this price i would get no bonus such as QA, but the other side is i would not get any deduction for being overfat, not grading U or R etc.

Kmac If you sell "on the grid" for a base price of say €4, the as the grades move away from the base the prices per kg goes up or down, this is an how the prices move across the grades from the base price.

U+ U= U- R+ R= R- O+ O= O- P+
2+ 24 18 12 6 Base Base -18 -24 -30 -36
3 24 18 12 6 Base Base -12 -18 -24 -30
4- 24 18 12 6 Base Base -12 -18 -24 -30
4= 24 18 12 6 Base Base -12 -24 -30 -36
4+ 18 12 6 0 -6 -6 -18 -24 -30 -36
5 0 -6 -12 -18 -24 -24 -36 -42 -48 -54

https://www.agriland.ie/factory-prices/quality-based-pricing-grid-calculator/

You will get your QA bonus (and breed bonus) on cattle if they are sold either "on the grid" or at a "flat price" once they meet the requirements.

morphy87

Bass Reeves wrote: »

The drop in n June can be very mixed. Last year they rise in July/August. You often find this in years where numbers are tight. The processor's drop prices in late May/early June to force out the last of the cattle idiots are feeding in the shed. It also panics some lads. Supply dries up a bit in late June early July and prices stabilize or rise slightly before the serious pull in September/October

So in your opinion what do you think the base price will be the first week of September? Cattle seem to be scarce all right

Dunedin

morphy87 wrote: »

So in your opinion what do you think the base price will be the first week of September?

€3.80 steers. €3.85 heifers

morphy87

Dunedin wrote: »

€3.80 steers. €3.85 heifers

It would be an improvement on 3 60 from last year anyway