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Beef price tracker 2

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Comments

  • Registered Users, Registered Users 2 Posts: 1,285 ✭✭✭Dozer1


    thanks all for the feedback, I'm going to squeeze them as vet is calling tomorrow to dehorn and test a few others.



  • Registered Users, Registered Users 2 Posts: 951 ✭✭✭trabpc


    Agree. Any AAX or HeX are going for 3+euro in marts now once around or over the 500kg. Ive seen them making more than better chx lmx types. Strange but seems thats what factory wants now.



  • Moderators, Society & Culture Moderators Posts: 1,937 Mod ✭✭✭✭Albert Johnson


    I carried 3 bullocks to the mart this morning for an uncle who I buy and sell the few stock for. All CHx and spring 21 born, they were bought as weanlings circa 280kg in September 21.

    560kg Golden CHx @ €1870. He cost €850 and looked the pick of them at the time but never grew after. I wouldn't usually go over €800 but thought him value.

    660kg White head CHx @ 1980. He cost €750 and made a big rumbley bullock as I expected.

    640kg Mousey CHx @ €1700. He cost €670 as was a plain calf and made a big warrior of a beast again as expected.

    All in all I thought it good enough going considering they weren't QA and were wintered out on average silage and some meal. I was disappointed with the thrive of the first bullock but he sold well imo, the last bullock I thought might have made more but it will be August before he's fit and I don't begrudge him to the next man.

    Getting them replaced atm is the next battle. I don't buy much more than an average type calf sub 300kg usually and €1000 seems to be the new €800.



  • Registered Users, Registered Users 2 Posts: 1,708 ✭✭✭Anto_Meath


    @tanko that's just it compared to plain cattle like AAx & Hex the nice R grade Lmx / Chx is looking like better value.



  • Registered Users, Registered Users 2 Posts: 4,881 ✭✭✭White Clover


    I'd buy a few of them lmx / chx but can't see much value in southern marts.



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  • Registered Users, Registered Users 2 Posts: 9,426 ✭✭✭tanko




  • Registered Users, Registered Users 2 Posts: 1,483 ✭✭✭hopeso


    Last year was my first time finishing Angus cattle. I had 5 of them in the bunch. The factory charged me €6 a head on them to qualify for the Angus bonus. I have a few more in the bunch this year. Am I right in saying that if I join an Angus group I'll qualify for the Angus bonus any time I send an Angus to the factory after the initial once off payment? I looked on google, and there seems to be at least a couple of groups. Are they all the same?



  • Registered Users, Registered Users 2 Posts: 86 ✭✭Barron lad


    Talk of a pull by the factories in the midlands, did anyone else hear anything?



  • Registered Users, Registered Users 2 Posts: 577 ✭✭✭1373


    The 4 day week and the big kill , 35000 has played into the factory's at the moment. Quotes are back today but might not last long



  • Registered Users, Registered Users 2 Posts: 20,351 ✭✭✭✭Bass Reeves


    I hate to be killing forward cattle bought over the last 3 weeks in 60-70 days time if prices have not risen by 50c/kg.

    Slava Ukrainii



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  • Moderators, Society & Culture Moderators Posts: 4,336 Mod ✭✭✭✭Siamsa Sessions


    The house always wins either way.

    It's like the bookie who's not bothered about losing big every now and then. He knows word of his loss will get out and it'll give the punters false confidence to keep spending.

    Trading as Sullivan’s Farm on YouTube



  • Moderators, Society & Culture Moderators Posts: 1,937 Mod ✭✭✭✭Albert Johnson


    You'll not buy much around here less than €3-€3.2 a kilo at the moment. Neighbour showed 2 average type weanlings in the mart last week, a brown AUx 280kg at €940 and a Mousey Chx bull 310kg at €1040. The shipper's have the trade for average bull weanlings absolutely on fire the last 2 month's. There going to a few different outlets with them and it's unreal what they can give for second rate cattle nevermind better types. The only bit of value I saw last week was a good orange and white CHx bull 290kg at €880 but he was mental wild and I'd get ran if I brought him to the uncle.



  • Registered Users, Registered Users 2 Posts: 910 ✭✭✭grange mac


    Those shippers seem be mopping up all contential bulls from 280 to 400....so looking at outside that range....as won't last forever and don't want be carrying can when it drops.





  • What are aax bulls, 9 mts old averaging about 310/320kg making at moment. None squeezed.



  • Registered Users, Registered Users 2 Posts: 86 ✭✭Barron lad


    only going to kill 4 days next week as well, Beef can be bought cheaper across Europe which is not a good sign for us.



  • Registered Users, Registered Users 2 Posts: 20,351 ✭✭✭✭Bass Reeves


    Over the last 3-5 years Irish beef has gone from bottom shelf discounted product to top shelf sold at a premium even to there own beef in countries like Germany, Holland, Belgium, Italy Luxembourg etc.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,817 ✭✭✭Cavanjack


    Have the increases stalled or how we looking for this week?



  • Registered Users, Registered Users 2 Posts: 683 ✭✭✭Fine Day


    From what I hear they have stalled and may even pull it. I was chatting a neighbor today and he was told by an agent yesterday there orders were full for next week and that the following week was filling up quickly also. Probably the usual carry on from the factories to keep prices down. That extra bonus for Angus and Hereford from mid March to mid May is a racket. They just want a steady supply for these months without increasing the base price. Young stock are a crazy price. Someone will get burnt and it will not be the factories.



  • Registered Users, Registered Users 2 Posts: 2,817 ✭✭✭Cavanjack


    According to the journal they’ll be crying out for them in a few weeks. I think prices are strengthening across the water.

    Haven’t bought since before Christmas but Mart prices seem to be out of control.



  • Registered Users, Registered Users 2 Posts: 4,116 ✭✭✭kk.man


    I know a fella who supplied a good load of cattle last week. He got big money for them on a flat price. But the first the kill docket had details of a grid price on par with what was being quoted in the press. He got the other docket with his cheque in the post.

    This was obviously to disguise the amount that makes up the weekly returns.



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  • Registered Users, Registered Users 2 Posts: 2,558 ✭✭✭DBK1


    For the right stock there’s far more available than what’s being quoted. There’s no problem getting €5.60 for O grade hex and €5.70 for angus in a number of factories at the minute even though base price is being quoted at around €5.30.



  • Registered Users, Registered Users 2 Posts: 2,817 ✭✭✭Cavanjack


    There you go so. They are mad for cattle and are doing their best to keep control on it. You only have to look at what finished cattle are making in the marts.



  • Registered Users, Registered Users 2 Posts: 20,351 ✭✭✭✭Bass Reeves


    TBH it's not as much as people think unless the cattle are very plain. I would expect most Hex to grade O+ with an odd R and a sprinkling of O-.

    Ignoring the Assuming a 2 to 1/O+ to O- it leaves the figures like this.

    5.3. - 0.14+ 0.15 +0.2= 5.51/kg @5.6 it's a base of 5.4/ kg unless a lot of them are overfat. The advantage of a flat price is it takes a little risk out of it. However if there was a sprinkling of R' replacing the some of O- cattle you are at that base. You would not want to be travelling very far an extra 15/ head on transport is about 5c/kg.

    On the AA cattle you should definitely have a few R grades and a higher bonus. So it works

    5.3-0.08+0.2+0.2=5.62.

    Now often the processors pay extra on the AA cattle and bonus of 0.3/kg have been spoken about.

    I have seen lads travelling 50-80miles more for them sort of prices, paying 25-30 euro lately for transport instead of being 12-15 or even doing the transport themselves. Cattle being loaded 5-7pm the evening before I stead of loading the following morning.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,558 ✭✭✭DBK1


    Theres definitely no long distance travelling required, 3 factories in a 45 minute radius of here and them prices can be got in the three of them and it’ll be got on O- and 4= to 4+ fat scores. If you’ve r grades you’ll negotiate a higher price relatively easy too.

    The last load that left here were loaded at quarter past 8 in the morning and were gone up the line at quarter past 9. Ye must have very poor relationships with your factory agents in your part of the country of ye’ve to drive half the country and load cattle the evening before. Sounds like the height of madness to me and not something anyone with any experience of killing stock would do, or certainly not around here anyway.



  • Registered Users, Registered Users 2 Posts: 20,351 ✭✭✭✭Bass Reeves


    There is only three processors locally. They are two ABP and a Dawn plant. Nearest is 10ish miles both the other are 30 and 40 miles respectively. They do not price against each other to any great extent.

    Ya if you are a regular supplier( as in killing 200+ cattle a year 50% during the winter) you probably get 5-10c more but.

    One issue with Friesian's especially if feeding outside is you red too ebon stronger bullocks as they get fit as they prevent other from finishing.

    Cattle are slaughtered in the order they arrive. Cattle arriving the evening before ate slaughtered first, next the early morning ones and then the later morning cattle.

    Cattle arriving at 7-8am go up the line around 11am-1pm depending on what came in the night before.

    I do not but there is an agent buying cattle off people that do that, I would not unless the price reflects the fact. These cattle would be travelling 70-90 miles, he buys all over Limerick and would have a double going most days of the week. See him loading around mid day on Sundays lately

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,558 ✭✭✭DBK1


    The agent/lorry driver will do whatever suits themselves for as long as they can get away with it. If the farmers agree to that then of course he will do it, but at the end of the day it’s the farmers pocket getting the hit, not the agent.

    Stand your ground and tell him you will only send them the morning they are to be killed and that’s it. If he only has 1 double a day going there’s no need to be loading the evening before anyway, couldn’t he start loading at 5 or 6 in the morning and even if he has a few collections to make he’ll still be at the factory by breakfast time.

    Local agent/haulier here often starts his day at 2am as he would have 3 or 4 loads a day going to the factory. The cattle he’d load at 2-3am would be gone up the line by 6-7am and you’d have your kill docket by breakfast time. He’d love to be bring a load or 2 the evening before but most of the farmers don’t allow him and rightly so.



  • Registered Users, Registered Users 2 Posts: 20,351 ✭✭✭✭Bass Reeves


    In theory everything you say above is true. However he is not going to change the way he operates for 6-10 cattle every now and again. It would take a lot of his existing suppliers to insist on it to force him to change his ways. He buys out of the local marts and I see him at a couple of Kerry marts as well so that is the reason he wants to move cattle early in the evening

    While the factory in Ennis was open it added an option locally but it is closed now.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 9,800 ✭✭✭893bet


    We kill very few. Less than 10 a year and spaced out. Usually would be collected 3-5 in the day for killing the next morning.



  • Registered Users, Registered Users 2 Posts: 20,351 ✭✭✭✭Bass Reeves


    You are talking about up to a 2% kill out difference between night and morning drop off to a lairage

    Assuming it 1.5% even on a 330 kg bullocks that is 5kgs or 25+euro at present per animal

    Slava Ukrainii



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  • Registered Users, Registered Users 2 Posts: 2,558 ✭✭✭DBK1


    Is there not a local lad with a jeep and trailer that would run them over for you the next morning? They don’t have to go in the agents lorry.



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