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Mart Price Tracker

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Comments

  • Registered Users, Registered Users 2 Posts: 2,881 ✭✭✭Cavanjack


    Bullocks wrote: »
    That's some price

    A €200 suckler cow subsidy would be no good for the man that bought them.


  • Registered Users, Registered Users 2 Posts: 11,721 ✭✭✭✭patsy_mccabe


    Bullocks wrote: »
    That's some price

    She was some cow, to be fair. Far better in real life than the donedeal pics show. I hung around just to see her selling.


  • Registered Users, Registered Users 2 Posts: 5,893 ✭✭✭Bullocks


    She was some cow, to be fair. Far better in real life than the donedeal pics show. I hung around just to see her selling.

    How good was the calf ? She did look like a beaut of a cow but I couldn't say the calf looked outstanding


  • Registered Users, Registered Users 2 Posts: 450 ✭✭Icelandicseige


    What would 3-4 year old suckler cows be worth? Bout 550 kg Angus and Hereford.


  • Registered Users, Registered Users 2 Posts: 11,721 ✭✭✭✭patsy_mccabe


    Bullocks wrote: »
    How good was the calf ? She did look like a beaut of a cow but I couldn't say the calf looked outstanding

    Good calf, long and good end to him. Cow was AI'd a week before to Ardlea Dan too.


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  • Registered Users, Registered Users 2, Paid Member Posts: 21,173 ✭✭✭✭Bass Reeves


    Cavanjack wrote: »
    Bullocks wrote: »
    That's some price

    A €200 suckler cow subsidy would be no good for the man that bought them.

    Hard to see anyone making money paying a price like that for that cow. She is at least 50% SH. As a cull in 5-6 years time( and you would need her to last that lifespan) would she kill 350kgs. Her cull value is only 50% of the total value paid. Is the calf worth 550 as he is at present. With the margin in suckling she would need to rear a 1k+ weanling for the next 5-6 years to pay her way in a well run suckler unit. If she has to be culled in the next 2-3 years the buyer will drop 500-1000 euro in value and farming opportunity. She seems to have been a trophy purchase.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 6,224 ✭✭✭charolais0153


    Hard to see anyone making money paying a price like that for that cow. She is at least 50% SH. As a cull in 5-6 years time( and you would need her to last that lifespan) would she kill 350kgs. Her cull value is only 50% of the total value paid. Is the calf worth 550 as he is at present. With the margin in suckling she would need to rear a 1k+ weanling for the next 5-6 years to pay her way in a well run suckler unit. If she has to be culled in the next 2-3 years the buyer will drop 500-1000 euro in value and farming opportunity. She seems to have been a trophy purchase.

    More than likely 25% shorthorn. That calf is worth 1k in october takes 150 to get him there. Youve a top class cow incalf to ai bull for 1650.


  • Registered Users, Registered Users 2 Posts: 8,570 ✭✭✭Mooooo


    Hard to understand the prices some beef breeding stock make, when most dairy lads wouldn't go far beyond 1500 for a fresh calved heifer or cow.


  • Registered Users, Registered Users 2, Paid Member Posts: 11,819 ✭✭✭✭Base price


    More than likely 25% shorthorn. That calf is worth 1k in october takes 150 to get him there. Youve a top class cow incalf to ai bull for 1650.
    Not incalf - from reading the comments she was inseminated a week before the sale.


  • Registered Users, Registered Users 2, Paid Member Posts: 21,173 ✭✭✭✭Bass Reeves



    More than likely 25% shorthorn. That calf is worth 1k in october takes 150 to get him there. Youve a top class cow incalf to ai bull for 1650.


    Hard to see with that SH colour her being less than 50% SH. She seem to be a handy enough size cow. You are allowing no margin for carrying a cow from now to October.As well you are valuing her in October at 1650 incalf. Allowing yourself a margin/profit of 200 euro on the unit until October leaves her costing 1850. Will she cost 200 euro to carry to Mid February. Then you have the risk factor, she may come bulling again, something could happen to cow or calf is that a 50 euro risk.

    At calving down next February she be costing 2100 in book terms with. 50% chance of having a heifer calf IMO. There is 5% chance of not having a live calf at 30 days after calving between now and then. There is no margin in that cow she needs everything to go right to turn a profit. When you allow a margin of 200/ head on drystock and have 2 units/ suckler unit there is some voodoo economics being used to justify sucklers on good land.

    Slava Ukrainii



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  • Registered Users, Registered Users 2 Posts: 6,224 ✭✭✭charolais0153


    Hard to see with that SH colour her being less than 50% SH. She seem to be a handy enough size cow. You are allowing no margin for carrying a cow from now to October.As well you are valuing her in October at 1650 incalf. Allowing yourself a margin/profit of 200 euro on the unit until October leaves her costing 1850. Will she cost 200 euro to carry to late February. Then you have the risk factor, she may come bulling again, something could happen to cow or calf is that a 50-100 euro risk.

    At calving down next February she be costing over 2100 in book terms with. 50% chance of having a heifer calf IMO. There is no margin in that cow she needs everything to go right to turn a profit. When you allow a margin of 200/ head on drystock and have 2 units/ suckler unit there is some voodoo economics being used to justify sucklers on good land.

    More than likely going to keep.if you buy a beast in may do you expect to turn a profit of 200 in 5 months?
    If she has a heifer calf even better . farmers go mad for heifers with roan and even that calf she has now is nicely coloured.
    Im saying it costs 150 to keep that cow and calf until october. After that the cycle starts again. Costs 700 to keep her for the year for arguments sake. Gets 1000 again for calf. 300 margin.

    Lot different for farmers buying drystock in west. No big bunches of even cattle for sale. All ones and two's. Very hard for part time lad to buy enough cattle and then agents get involved and its easy see 30-40 a head come out just buying and selling them .


  • Registered Users, Registered Users 2, Paid Member Posts: 21,173 ✭✭✭✭Bass Reeves


    Hard to see with that SH colour her being less than 50% SH. She seem to be a handy enough size cow. You are allowing no margin for carrying a cow from now to October.As well you are valuing her in October at 1650 incalf. Allowing yourself a margin/profit of 200 euro on the unit until October leaves her costing 1850. Will she cost 200 euro to carry to late February. Then you have the risk factor, she may come bulling again, something could happen to cow or calf is that a 50-100 euro risk.

    At calving down next February she be costing over 2100 in book terms with. 50% chance of having a heifer calf IMO. There is no margin in that cow she needs everything to go right to turn a profit. When you allow a margin of 200/ head on drystock and have 2 units/ suckler unit there is some voodoo economics being used to justify sucklers on good land.

    More than likely going to keep.if you buy a beast in may do you expect to turn a profit of 200 in 5 months?
    If she has a heifer calf even better . farmers go mad for heifers with roan and even that calf she has now is nicely coloured.
    Im saying it costs 150 to keep that cow and calf until october. After that the cycle starts again. Costs 700 to keep her for the year for arguments sake. Gets 1000 again for calf. 300 margin.

    There is no profit to be made on a suckler cow over the winter all profit must be made during the summer on her and the calf. You effectively have about 0.7 of a suckler unit for the calendar year. Adding in risk you need 200 at least to justify risk. At present we only rear 0.8 calves/ suckler unit to weaning. I have been fair and only allowed a 5% chance that she will have a calf at the end of March next year.

    Give that she is a successfully cow and preforms above average and rears 6.5 calves(including calf at foot) over this and the next 6 cycles and all calves hit the 1k mark. She will return 6500 less costs of approx 4500. Give her a cull value of 1250 leaves her turn over at 7750 less costs of 7000 euro. That is about 107 euro / year of a margin. While I have allowed for risk to calves I have allowed no risk for cow loss in my senario. Like I said voodoo economics

    Slava Ukrainii



  • Registered Users, Registered Users 2, Paid Member Posts: 5,065 ✭✭✭White Clover


    More than likely 25% shorthorn. That calf is worth 1k in october takes 150 to get him there. Youve a top class cow incalf to ai bull for 1650.

    The purchaser may have bought that outfit to replace a cow that he hung for 1650.


  • Registered Users, Registered Users 2 Posts: 11,721 ✭✭✭✭patsy_mccabe


    To me, she was well fed before sale. A good milky cow, especially one with SH in her breeding should be putting it into the calf, not herself. If you look at the Donedeal photos, it looks like the cows mother in the backbround. Calf didn't carry much of teh roan colour either.
    Hate to see big prices for fancy suckler cows like this, as it always seems to be young guys that buy them. At least with an older farmer, you'd be thinking that he knows what he's at. Bought a shorthorn heifer near calving myself last year for €1100. Not a patch on this one but still.


  • Registered Users, Registered Users 2, Paid Member Posts: 21,173 ✭✭✭✭Bass Reeves


    More than likely 25% shorthorn. That calf is worth 1k in october takes 150 to get him there. Youve a top class cow incalf to ai bull for 1650.

    The purchaser may have bought that outfit to replace a cow that he hung for 1650.

    But she will not kill at that price when culled and not all cow's survive to culling stage. Ad well she would want to be a serious cow to be culled at that price

    Slava Ukrainii



  • Registered Users, Registered Users 2, Paid Member Posts: 5,065 ✭✭✭White Clover


    But she will not kill at that price when culled and not all cow's survive to culling stage. Ad well she would want to be a serious cow to be culled at that price

    Your only splitting hairs now bass. Her replacement may only cost her cull value when the time comes with the way the gap is closing between cow beef and prime beef.


  • Registered Users, Registered Users 2, Paid Member Posts: 21,173 ✭✭✭✭Bass Reeves



    Your only splitting hairs now bass. Her replacement may only cost her cull value when the time comes with the way the gap is closing between cow beef and prime beef.

    Like I say vodoo economics. Culls could be on the floor because of another food scare like BSE. At this time of year cattle supplies tighten and culls always close the price on prime beef. Processors will begin to open that gap again in 2-3 week's. Cows culled at present will have been overwintered and either put to grass early or fed to finish on grass/silage and ration.

    For a cull cow to gross 1650 2ish weeks ago she want to be an R at least and killing 440 kgs over 800kgs LW. But maybe since last October she lived on fresh air. At that and after transport and slaughter fees she only net about 1615. To net 1650 she need to kill another 8-10 kgs.

    Charolais and your assumption are all over the place. Lad selling that cow must have taught it was Christmas and Santa had arrived. But then again some of the assumptions made make you wonder are lads living with Alice in Wonderland

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,372 ✭✭✭Sheep breeder


    A lot of lads like a good suckler Cow and willing to pay the price and a poor cow will always be a poor breeding cow and a weak seller,


  • Registered Users, Registered Users 2, Paid Member Posts: 5,065 ✭✭✭White Clover


    Like I say vodoo economics. Culls could be on the floor because of another food scare like BSE. At this time of year cattle supplies tighten and culls always close the price on prime beef. Processors will begin to open that gap again in 2-3 week's. Cows culled at present will have been overwintered and either put to grass early or fed to finish on grass/silage and ration.

    For a cull cow to gross 1650 2ish weeks ago she want to be an R at least and killing 440 kgs over 800kgs LW. But maybe since last October she lived on fresh air. At that and after transport and slaughter fees she only net about 1615. To net 1650 she need to kill another 8-10 kgs.

    Charolais and your assumption are all over the place. Lad selling that cow must have taught it was Christmas and Santa had arrived. But then again some of the assumptions made make you wonder are lads living with Alice in Wonderland

    It's going around in circles now. As is the case with lots of people that breed nice stock, the purchaser may have been prepared to go a couple of hundred beyond that teams value. He may be a professional who enjoys wandering through and admiring his stock to help him relax after a stressful day. My point being there is no right and wrong in this situation.


  • Registered Users, Registered Users 2, Paid Member Posts: 21,173 ✭✭✭✭Bass Reeves


    It's going around in circles now. As is the case with lots of people that breed nice stock, the purchaser may have been prepared to go a couple of hundred beyond that teams value. He may be a professional who enjoys wandering through and admiring his stock to help him relax after a stressful day. My point being there is no right and wrong in this situation.

    This is the point I made in the first post I made about this cow. I stated that she was either a trophy purchase or the lad that bought her as a commercial cow was going to lose his shirt on her.

    Then one or two lads tried to justify the purchase. They started to quote cull prices, calf vale price, prices in 6-10 years time. I juzt gave figures that showed if everything we t right with that cow she ha e a margin of 100/year

    Slava Ukrainii



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  • Registered Users, Registered Users 2 Posts: 11,721 ✭✭✭✭patsy_mccabe


    You're forgetting about this cow producing good replacement heifers. If she produces as good as herself, then she aint going to loose money.
    I'd be very slow to pass judgementg on other peoples decisions. Remember there was an underbidder too, willing to go €50 less.


  • Closed Accounts Posts: 20,621 ✭✭✭✭Buford T. Justice XIX


    I was reading a bit on Turkey this morning and, seeing as the live export market is now so important to cattle prices, I thought I'd better put up a piece about the Turkish economy. It looks like they are on a course to crash and burn badly at the minute after their PM decided to interfere in the functions of the Central Bank there.


    https://en.wikipedia.org/wiki/Turkish_currency_and_debt_crisis,_2018


    It's looking a lot like Ireland in early 2008, hopefully they won't collapse, but it could put a lot of pressure on live exports to there in the near future.


  • Registered Users, Registered Users 2 Posts: 11,721 ✭✭✭✭patsy_mccabe


    Aren't Purcells exporting breeding bulls there? If so , they must be planning on producing their own in the near future.


  • Registered Users, Registered Users 2 Posts: 3,434 ✭✭✭cute geoge


    Turkey is a false market ,the only reason they are taking so much live exports is basically a deal subsidised by the eu so they can feed all the refugees from syria .The eu will make sure turkey economy will not colapse


  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    Aren't Purcells exporting breeding bulls there? If so , they must be planning on producing their own in the near future.

    That not Greece. Bought 3 off a chap in Cork


  • Registered Users, Registered Users 2 Posts: 11,721 ✭✭✭✭patsy_mccabe


    Pidae.m wrote: »
    That not Greece. Bought 3 off a chap in Cork

    Was at a pedigree bull sale in Ennis earlier in the year. Breeder there told me the 2 bulls he had entered in the sale were sold at home before the sale for export to Turkey. Almost sure it was Purcells he said bought them. €2500 each.


  • Registered Users, Registered Users 2 Posts: 11,721 ✭✭✭✭patsy_mccabe


    Reggie looking for pics....


  • Registered Users, Registered Users 2 Posts: 24,677 ✭✭✭✭Reggie.


    At the recent Baileys, ballinrahin, grangeford Limousin dispersal sale.

    First Pic - €12,800.
    Grangeford lady ET

    No pics :D


  • Registered Users, Registered Users 2 Posts: 11,721 ✭✭✭✭patsy_mccabe


    At the recent Baileys, ballinrahin, grangeford Limousin dispersal sale.

    First Pic - €12,800.
    Grangeford lady ET
    Lot 4


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  • Registered Users, Registered Users 2 Posts: 11,721 ✭✭✭✭patsy_mccabe


    Reggie. wrote: »
    No pics :D

    Give me a chance...:D


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