Beef price tracker 2

DBK1

Bass Reeves wrote: »

I say he was right they are probably U grade cattle

He was definitely right to bring them home. If they were U grades I could see them making €2,200 - €2,300 in the factory. There’s too many lads that don’t understand how cattle kill out and that’s down to either never sending any to the factory or not weighing stock before they send them to the factory.

A good quality U grade animal, especially one that size, will comfortably kill out 58%+ of its mart weight and depending on a few factors such as age, length of time standing in the mart, meal fed, breeding etc. it wouldn’t be unusual for a U grade heavy animal to kill out at 60-62% plus.

The best I ever had in killout was 2 U grade 28 month old heifers and they killed out at 62%.

The men around the ring buying the factory fit stock know by looking at them how they will kill out and what they are worth and they won’t give any more than that and they generally give less as they’ve to make a twist on them too.

I can assure you on U grade factory fit stock they work out their figures at 58-60% killout and anything above that is a bonus then. Too many lads are calculating their killout at percentages in the low 50’s and think they’re cleaning up at the mart when really they’re losing €50 - €100 a head. Low 50’s is right for friesian or dairy bred stock but continentals are far higher.

DBK1

Anto_Meath wrote: »

I generally find that good R / U grade beef cattle fit to kill make around €50 less in the Mart than they would in the factory where as O /P grades could make over €100 less. The lads around the ring buying beef are no fools they know the value of an animal like to the nearest €1. But at the minute whatever is happening the AA cattle are make about €100 more than they would in the factory..

You’re bang on with them figures.

Albert Johnson

1373 wrote: »

Albert Johnson wrote: »

I wonder did the seller run out of road when he was still unsold at that price? Greed can set in with a good trade and it's simple enough you can overshoot the runway.[/QUOTE
The beef farmer is allowed to be greedy once every fifty years

I didn't mean it in a malicious way and I'm not an authority on factory stock. Going by the figures from those more in the know then he was probably spot on to bring them home. However you'll often see stock making what looks like a total rob and yet there not sold, in some cases it's because there wasn't any name to put down on the sheets for them. I saw speckled type ewe hoggets with twin broky lambs (mostly ram lambs) making €320 during the week and unsold. The same man got €310 the week before for better sheep with ewe lambs and was expecting similar but seemingly pushed the boat out a bit too far.

morphy87

Bass Reeves wrote: »

It may not be as hot as this in 4-6 weeks time. I have not got a clue how long this will last but there is another 4-6 weeks in it anyway. Whe it may not be as hot in September cattle will have gained weight.

I be moving as cattle are fit

When do you hope to start moving some?

You would imagine they should still be €4 come the end of August, just curious when the farmers journal say farmers with larger numbers get a bit extra, what would be considered a large number?

Cavanjack

I don’t think anyone can predict how long this will last. Nobody would have thought two weeks ago that the price was going to strengthen even more.
History tells us the price will drop as cattle come fit off grass but you’d never know this year.

morphy87

Cavanjack wrote: »

I don’t think anyone can predict how long this will last. Nobody would have thought two weeks ago that the price was going to strengthen even more.
History tells us the price will drop as cattle come fit off grass but you’d never know this year.

So if you had cattle that would carry more weight and will be still underage come early September what would you do?

cute geoge

Lads let not get carried away ,I got a flat price for 3 over 36 months fr bullock last mid July .It was the 1 week all the year the sunrise plant in Cork was caught and I happened to be in the know just at that time .I would say get on the bus when it is going it will last probably a fortnight but I hope I am wrong

Cavanjack

morphy87 wrote: »

So if you had cattle that would carry more weight and will be still underage come early September what would you do?

I have around 60 continental bullocks round 650kg that’ll carry plenty more weight. They are not coming 30 months until mid September on. I didn’t start mealing them yet as they seem to be doing a great thrive. Will probably start them in mid July.
If I had cattle that were heading for 4 in the fat I’d let them off, other than that I’d hold them. All depends on your grass situation and if you have to replace them straight away. I wouldn’t like to be going out to buy stores now.

Bass Reeves

morphy87 wrote: »

When do you hope to start moving some?

You would imagine they should still be €4 come the end of August, just curious when the farmers journal say farmers with larger numbers get a bit extra, what would be considered a large number?

I hoping to move a bunch next week. There is a couple of three year old bullocks and a few underage FR's. Have not priced around yet so we will see.

I be moving mine as they are fairly fit as I find Friesians struggle to put on weight from September on. I do not see it as hot as this in September or even August either. As I said there is probably 6 weeks in it.

Cattle will remain scarce for another two weeks. Even then I do not expect a flood of cattle. I put up about those AA bullocks in Listowel. They should not be moving untill late August by right( the oldest had 60 day before overage the youngest 100+) but if I owned them I do the same. It was a flaking price for them.

If you are getting a good price keep anything you can moving

morphy87

Cavanjack wrote: »

I have around 60 continental bullocks round 650kg that’ll carry plenty more weight. They are not coming 30 months until mid September on. I didn’t start mealing them yet as they seem to be doing a great thrive. Will probably start them in mid July.
If I had cattle that were heading for 4 in the fat I’d let them off, other than that I’d hold them. All depends on your grass situation and if you have to replace them straight away. I wouldn’t like to be going out to buy stores now.

I have loads of grass and fooder, making extra fooder to sell is a non runner back this way as no sale for it, everybody has too much, and also too much grass and people are down on cattle numbers

Yeah I have to buy back stores but I won’t be doing that for a while yet by the looks of it

morphy87

Bass Reeves wrote: »

I hoping to move a bunch next week. There is a couple of three year old bullocks and a few underage FR's. Have not priced around yet so we will see.

I be moving mine as they are fairly fit as I find Friesians struggle to put on weight from September on. I do not see it as hot as this in September or even August either. As I said there is probably 6 weeks in it.

Cattle will remain scarce for another two weeks. Even then I do not expect a flood of cattle. I put up about those AA bullocks in Listowel. They should not be moving untill late August by right( the oldest had 60 day before overage the youngest 100+) but if I owned them I do the same. It was a flaking price for them.

If you are getting a good price keep anything you can moving

Are your cattle coming fit earlier this year?

Bass Reeves

morphy87 wrote: »

Are your cattle coming fit earlier this year?

No they would not be as fit as this time last year. But I nearly always move from end of June on. I move in groups of 4-8. If I do not move some I cannot add others into the finishing bunch. As well the most forward cattle in a bunch are eating the most ration.

I have 25 in the bunch being fed 3 kg/ head. The best 6-8 are probably averaging 4 kgs or maybe a tad with it, that means the lighter ones are back at or below 2 kgs.

Take 6 out and the next 6-8 start to come faster.

morphy87

Bass Reeves wrote: »

No they would not be as fit as this time last year. But I nearly always move from end of June on. I move in groups of 4-8. If I do not move some I cannot add others into the finishing bunch. As well the most forward cattle in a bunch are eating the most ration.

I have 25 in the bunch being fed 3 kg/ head. The best 6-8 are probably averaging 4 kgs or maybe a tad with it, that means the lighter ones are back at or below 2 kgs.

Take 6 out and the next 6-8 start to come faster.

How long do you feed them for?

Hershall

Bass Reeves wrote: »

I hoping to move a bunch next week. There is a couple of three year old bullocks and a few underage FR's. Have not priced around yet so we will see.

I be moving mine as they are fairly fit as I find Friesians struggle to put on weight from September on. I do not see it as hot as this in September or even August either. As I said there is probably 6 weeks in it.

Cattle will remain scarce for another two weeks. Even then I do not expect a flood of cattle. I put up about those AA bullocks in Listowel. They should not be moving untill late August by right( the oldest had 60 day before overage the youngest 100+) but if I owned them I do the same. It was a flaking price for them.

If you are getting a good price keep anything you can moving

Probably kill some week after next 4.25 to be got for blks at the moment

morphy87

Hershall wrote: »

Probably kill some week after next 4.25 to be got for blks at the moment

Is 4.25 easily got now? Are cattle scarce back your way?

MIKEKC

49801 wrote: »

Contract rearing. Brother running it as well as working full time.

I lost interest when our own stock were sold.

As Michael Fitzmaurice (he is a TD in the west)said short term gain for long term pain

Hershall

morphy87 wrote: »

Is 4.25 easily got now? Are cattle scarce back your way?

Scarce enuf ya 4.25 to be got for bks next week

Bass Reeves

morphy87 wrote: »

How long do you feed them for?

Depends on the market. I have a friesian and a Hereford that have never saw meal and of I got a good price for them now they in the trailer.

Generally I feed from 4-8 weeks maybe more. Grass can go horrible wrong for me. You have to know the land and cattle.

Base price

Bass Reeves wrote: »

Depends on the market. I have a friesian and a Hereford that have never saw meal and of I got a good price for them now they in the trailer.

Generally I feed from 4-8 weeks maybe more. Grass can go horrible wrong for me. You have to know the land and cattle.

:eek:

memorystick

I’m feeding 3 kgs to a mix of bullocks. A good few AA in the mix. Not great cattle but middling stock but thriving. All over 26 months + What’s a good price for AA at the moment?

Bass Reeves

memorystick wrote: »

I’m feeding 3 kgs to a mix of bullocks. A good few AA in the mix. Not great cattle but middling stock but thriving. All over 26 months + What’s a good price for AA at the moment?

Is that over 36 not 26?

If AA are under 30 months they are on fire in the marts. Have only heard rumours but flat prices for plain AA are being done at 4.5+/kg. Factories are supposed to be giving 20c bonus instead of 10c and a good base price as well for them. Saw a bunch in Listowel 565kgs LW made 1500 euro. That's 5.1/kg.
If you have numbers I say in the one bunch in the mart.

memorystick

26

grange mac

Bass Reeves wrote: »

He might be a better judge of cattle than we think. At 850 kgs and it being mart weight he should killout 55/56%. He be 475DW at 56%. He should grade U-/U=. By the look of it next week's base will be 4.25/kg

U30 months that bullock should make 4.57/4.63per kg he would make 2150-2220
Over 30 months he should make a price of 4.45-4.5/kg he make 2100euro

He may know his own cattle, there grading and killout

This man was a better judge of cattle than I thought well done Bass, your logic was correct.
They topped out at 2020 as they are hitting 30 months on Friday. Next buyer wouldn't get QA so he best person to bring them to factory this week as he is QA. And he should do better than the 2020 even after the weight loss of Mart for a day.

Bass Reeves

Jjameson wrote: »

They are a good trade in the right marts if the right buyers are there. the big high price flate quotes seem to be illusive.
The plants with the bonus payments don’t buy flat from mortals, and trying to hit all the specs is like crash bandicoot level 22.
4.40 or even 4.30 flat for middle of road o= Underage bullocks is not bad considering the pitfalls like fatscore 5.

4.3 would be a poor price. For an O= grading animal it's a base of 4.18 with standard bonus. I know where you are at with FS but on a bunch unless they are very plain you would expect O+ cattle as well and maybe an R grade. It probably a bit early yet to be worrying about FS on cattle coming off grass unless on very good grass and ration for over 6 weeks

blue5000

I hope England has a good run in the footy, had a few cows to go this morning and they wanted them in early yesterday instead. 3.50 for Os, I don't think I'll be appealing the grade as I'd say they were on the ferry yesterday evening. Australian beef suppliers will hardly be able to compete with that.

cute geoge

E3.60 is available I heard in one of the munster plants anyway for o cows ,I remember I got 3.70 back in 2012 and it was got again a few years ago for 3 or 4 fr cows

cute geoge

Jjameson wrote: »

O- is still the preferred grade on a monkey operated grading machine. It’s never a case of what the cattle are, it’s a case of what they decide they are.

You can hum that I had 10 plain wh heifer under 30 months last Feb some were superior then others yet every one of them graded o- missed out on the 20 cent qa and he bonus only got the 8 cent q.a. so back 22 cent on every one of them

Duke92

What are quotes this week for bullocks and heifers

locha

Duke92 wrote: »

What are quotes this week for bullocks and heifers

4.25 bullocks

Water John

locha wrote: »

4.25 bullocks

Cripes, there were a few here a year or two ago telling us the consumer would never pay that sort of money for beef, ever again.