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Beef price tracker 2

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Comments

  • Registered Users, Registered Users 2 Posts: 3,700 ✭✭✭MfMan


    Show mart so a few sellers were holding strong cattle especially for the day.



  • Registered Users, Registered Users 2, Paid Member Posts: 4,465 ✭✭✭kk.man


    I was down the West at the weekend with work. Coming home Sunday passing Athenry on the motorway heading for Dublin on the left of me was a field full of fat stock. Must have been 40 odd continental bullocks. Thinking to myself 'where the hell did they come out of'.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,077 ✭✭✭✭Bass Reeves


    A lot of lads sitting on stock afraid to sell in case they are 10c/ kg higher next week. Weather is playing ball at present even the Kerry boys have got cows back out to grass.

    Was around Rathkeale today passed a field with 15-20 AA bullocks up on 700 kgs at a glance. Pass it now and again normally this tine of year, he would have them shifted and replacements bought.

    Lad that got 8/kg flat for HE heifers towards end of August was offered 7.45 base for what remained yesterday. He is mulling over it. Even if he got the same now he is probably worse off. He woukd have bought replacements during September for 100-200 less than now.

    About 3 weeks ago bought two LMX heifers 340kgs out of Killmallock for 1160 euro on a Tuesday night, I think I saw one last night 270kgs much the same age make exactly the same money.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 985 ✭✭✭Conversations 3




  • Registered Users, Registered Users 2 Posts: 1,877 ✭✭✭glanman


    saw that last night, has to be a typo?! unless they are including the actual cost of buying a store bullock



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  • Registered Users, Registered Users 2 Posts: 985 ✭✭✭Conversations 3


    Yea, the maths are a bit off.

    But it was more the fact they say there's nearly 20,000 fewer farmers finishing cattle.

    I presume most have retired and leased the land to the dairy lads.



  • Moderators, Society & Culture Moderators, Paid Member Posts: 4,688 Mod ✭✭✭✭Siamsa Sessions


    Some are selling finished cattle at the mart so technically not finishing cattle to the factory. They’re not in the finisher stats



  • Moderators, Society & Culture Moderators Posts: 1,956 Mod ✭✭✭✭Albert Johnson


    I'd say there's a lot of dairy men that used to carry there own calves to beef exited from the finishing game in the post quota year's. If you'd the ground it probably made more sense to carry extra cows and sell the calves earlier. The tide is turning again and a beef enterprise alongside the dairying may make financial sense again but you've the nitrates issue now to bear in mind.



  • Registered Users, Registered Users 2 Posts: 350 ✭✭grass10


    Bord bia were saying up to a couple of weeks ago that we were going to be approx 90 to 100 k less cattle slaughter for 2025 now they tell us that it could be 150 k less cattle how could they be so wrong with their figures or were they not telling us the real figures, if they are so incompetent should the farm orgs be making noise about this misinformation we were told was fact ?



  • Registered Users, Registered Users 2, Paid Member Posts: 3,046 ✭✭✭green daries


    They are all in bed together its a cosy little group dinners expenses and a nice lump some per meeting......whyyyy in God's name would anyone rock the boat

    Board bia are incompetent apart from Tring to make farmers miserable in their own farmyard........



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  • Registered Users, Registered Users 2 Posts: 350 ✭✭grass10


    I agree with you but why are farmers still paying subs to farm orgs when they seem to achieve very little only draw soft money off farmers, this misinformation or incompetence by bord bia should be highlighted everywhere as this information affects lads decisions as to when they should buy or sell cattle like 2 to 3 weeks ago their were factories getting cattle at 7.10 base price yet 2 weeks later they can pay flat prices of 7.80 to 8 euro, the lads that sold 2 weeks ago must be real happy to now find out that the kill figures will now remain lower than expected



  • Registered Users, Registered Users 2 Posts: 571 ✭✭✭Coolcormack1979


    if all cattle/cows and calves are registered on the cmms system then at the touch of a button the amount of cattle in the country should be available instantly.

    The cartel has had there way for yrs and yrs.so it’s great to see the wheels turning in the opposite direction



  • Registered Users, Registered Users 2, Paid Member Posts: 2,759 ✭✭✭DBK1


    I’m no fan of Bord Bia, I think it’s a complete load of bo***x to be perfectly honest, but it would be very hard to predict any more accurately than that I’d say. Between slaughter numbers and export numbers you’re talking around 2 million cattle a year so if they’re 50k out it’s 50k out of 2 million which isn’t a massive discrepancy then.

    Yes at the touch of a button they know the exact numbers of cattle in the country but that doesn’t tell the whole story. Every suckler farmer around here is putting a few more in calf than they did last year, be that not culling the older cow they were planning to or putting a few extra heifers in calf, so that’s all stock that on a normal year would have been factoried. Bord Bia have no way of knowing that type of info at the start of the year so I assume they would be only making an estimate based on the age profile of the cattle in the country.

    They also have no way of knowing how many cattle will be exported in a year. Again I assume they make an estimate based on data from the previous few years. But blue tongue took over around Europe then and with us being clear of it there seems to have been a lot more cattle exported than on an average year.

    Figures and data are great to have but lads need to open their eyes and use common sense too. Drive any road in Ireland and fat cattle are very scarce in the fields, it’s obvious the numbers aren’t there for the end of the year. There were a number of posters on this thread a few weeks back that were advising as to this and they were shot down on it but to anyone with a bit of common sense it was easy to see this was the way it was going.



  • Registered Users, Registered Users 2 Posts: 4,876 ✭✭✭Robson99


    Could easily see a base of €8 / kg in the run up to xmas. Cattle just are not there. Factories / Feedlots have been and still are giving serious prices for forward stores to kill in the New Year. Expect them to drop the price back to €7 in the New Year to compensate for this shortage



  • Registered Users Posts: 495 ✭✭WoozieWu


    are export numbers of weanlings up

    calves likely are

    where can i get those figures



  • Registered Users, Registered Users 2 Posts: 2,204 ✭✭✭mr.stonewall


    Are they doing to be killed this side of Xmas would be the bigger issue. There are going to be pockets where numbers are going to plummet and the hole won't be able to be plugged with feedlot cattle.

    The traditional lulls are going to go out the window. Some folks are going to hold cattle to the new year to manage tax bills



  • Registered Users, Registered Users 2 Posts: 4,897 ✭✭✭mf240


    If they hold cattle until January they may be prepared to hold them every year or they will have two years cattle sold some year



  • Registered Users, Registered Users 2 Posts: 2,486 ✭✭✭limo_100


    so far compared to last year export numbers are down. Was in the paper last week but can’t remember the figures



  • Registered Users, Registered Users 2, Paid Member Posts: 5,434 ✭✭✭bogman_bass


    slightly back according to the journal this week



  • Registered Users, Registered Users 2, Paid Member Posts: 3,196 ✭✭✭50HX


    What % of animals exported went to France i wonder?

    https://www.agriland.ie/farming-news/french-ban-on-cattle-exports-because-of-lsd-set-to-have-major-impact-on-ireland/

    Bit of a click bait headline without staying the export numbers to France



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  • Registered Users, Registered Users 2 Posts: 1,945 ✭✭✭morphy87


    You would wonder how they are back considering the amount of exports went in the spring? Was 2024 a big year for exports? If it was on par with 2023 numbers should be very tight again next year



  • Registered Users, Registered Users 2 Posts: 350 ✭✭grass10


    I agree with most of what you say but you are missing my point which was mid to late September bord bia were adamant their estimate was correct at 90 to 100 k shortfall so how come 3 weeks later they have totally changed their figures, my point is were we being fed a pack of lies so the factories could buy stores cheaper with the last month

    The same thing happened last spring bord bia stopped publishing the weekly European beef prices for much of the spring because the prices in European countries had jumped so much it didn't suit them to be educating us it looks like they should be ignored in future



  • Registered Users, Registered Users 2, Paid Member Posts: 4,465 ✭✭✭kk.man


    U are right and you are wrong. BB made a absolute hash of the figures. The Catrel don't trust BB anymore and little sympathy for them either as they were a mouth piece for an agenda.

    On the other hand IMHO it's a brave person or organisation who put kill figures out there. There's just too many variables in the game in comparison to say 10 years ago.



  • Moderators, Society & Culture Moderators, Paid Member Posts: 4,688 Mod ✭✭✭✭Siamsa Sessions


    The issue with Bord Bia figures is they never say they’re estimated. They’re reported in the media as fact.

    I don’t mind anyone getting an estimate wrong but claiming it’s a fact (every single time) is why they’ve no credibility



  • Registered Users, Registered Users 2 Posts: 301 ✭✭KAMG


    Sent my last few bullocks of the year to factory today. They were the youngest of the batch, apart from 1, who was 33 months.

    To say I'm delighted with how they done is an understatement. Around our parts, it was the best year in memory for growing grass. Even up to today, we have loads of grass.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,077 ✭✭✭✭Bass Reeves


    We are at 120k less at present. At present kill is running at 12k per week less than last year. 11 weeks left inc this week. To be ONLY 150k less we need a kill of 36k per week from now to year end. If kill averages half way between present kill and 2024 weeks to year end we need an average kill of 33k/ week up 6k/ week from present numbers.

    That would be about 180k less than last year.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 985 ✭✭✭Conversations 3




  • Registered Users, Registered Users 2 Posts: 301 ✭✭KAMG


    7.30 on the grid was best I could get off them.

    Averaged approx 370 Kg. 2 Rs and rest were Os. All 3s on fat.

    Weighted the 18 month olds this morning. Average of 532 Kg. They averaged 291 Kg on 4 April.



  • Registered Users, Registered Users 2 Posts: 931 ✭✭✭grange mac


    Thanks for your honesty.…it's real prices there... factories just looking after themselves doing you no favours. I have 10 chx all over 30 months that I'm feeding now... upto 6kg day at moment not sure how much more they can handle on OAD feeding.



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  • Registered Users, Registered Users 2 Posts: 1,945 ✭✭✭morphy87


    That’s good going, what type of stock were they? Were they suckler or dairy bred?



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