wrangler wrote: » Just after getting a text for a suckler/beef campaign meeting in Ballinasloe next monday night......salvation is nigh
Pidae.m wrote: » Anyone any sniff of O+ R- cows 330kgs dead
Dozer1 wrote: » O+ 4- cow 372.8kgs 3.10/kg killed on the 21-Sept LM cow
Fireside Solicitor wrote: » There is a businessman near us inherited the place off his father. It is a good farm with 20k sfp. Yer man if he looks at it once a week that’s it. He has 70 bullocks and tells me he doesn’t care if they make anything once they don’t cost him anything......he wouldn’t have clue what happens with them.He was joking with one of the lads that the farm was great for hiding expenses from the tax man. This man drives a 100k bmw. When the system treats him the same as me sure it will never be right
wrangler wrote: » I can't see where a better price is going to come from if people keep using SFP to subsidise cattle prices. The annual roll out of ''cattle are making €250/hd in England'' means nothing as England can get imported beef at the same price any where else in Europe for catering, burgers, etc, Until there's a crisis (which mightn't be too far way) where people stop feeding cattle this won't be sorted, as bad as this year is I guarantee that you'll see an increase in price and demand for store cattle when SFP arrives. As for producer groups, they're not Utopia, but there's lots of people taking very little more than the journal quotes for their lamb and they're getting ripped off as well in the marts so it saves our farmers from that......some of our members might only be selling 50 or 100 lambs in the year. Factories won't compete for groups, sure everyone knows there's no cartel in factories :rolleyes: What's your friend getting for beef, hormone are a huge help there
Base price wrote: » So other than knowing what the bonuses and penalties are (+/- per kg) the producer group are taking the same price as everyone else? We have a good friend who is a beef farmer in Texas. He can forward sell a percentage of his cattle at a guaranteed price per lb to the factories. He can buy an additional insurance policy to cover a price shift. He can also forward purchase feed/minerals- maize, wheat, barley etc and he can also buy an insurance policy to cover any abrupt shift in price. Other than the use of hormones in the USA why can't we Irish follow a simular plan
Bass Reeves wrote: » They have reason to be. Processors think that by reducing factory prices they can force store prices down. The only problem is that lads that are getting hit are finishers who have to go out and buy stores with less in there pocket. Most have struggled over the last few years to break even at finishing. It has becom too expensive. Risk are huge and lads have been well burnt paying for cattle and feed up front to find post Christmass factory's rushing to cut the price of finished beef. Lads then have to compete for expensive stores in spring to put to grass. As well by finishing over the winter you hit nitrates issues and this hits you ability to access envoirmental schemes The out look is too poor even without taking Brexit into account. Rations 20% motre expensive and going up in price silage and straw at record prices and forward stores are still too erxpensive. The lad finishing 20-100 are exiting and any dairy farmer that used to finish a few cattle is targeting any fodder on hand at his cows this year. With the price silage and maize silage is making most lads that finished cattle in the eastern part of the country are taking the money. Processors themselves buying cattle has runied finishers they use these to keep a lid on prices so as Willfarmer said in another thread there is no peaks and troughs to amke money. From around 2006-2014 I used to make a nice twist before and after Christmas. I used to finish 20-30 mostly friesian bulls killing 290-350 kgs. Used to buy at different stages. They left a nice margin. After the bull debacle a few years ago I exited that and then finished a few bullocks for a while. Now I have stopped that as well. Why would you put cattle into a shed with the risk's and costs involved.
wrangler wrote: » We agree the bonuses (and penalties) at the start of the year and the base price is based on the journal quotes each week, Each member tells them roughly how many we'll have each month but the numbers don't have to be that exact. Generally members sell all to the group, if they have inspec lambs they won't do any better anywhere else but if they're not inspec they won't do well, some people haven't time to weigh every week/ Factory take whatever we supply every week, lorries get a time slot of when to arrive and get priority in those time slots, very seldom they would get delayed. Our group is going since the late sixties and we have the same coordinator since then and he has a lot to do with the success of it IF there was a problem with price you'd only have to set up with it and try to tighten up next years agreement, members seem happy enough with the way we're treated
Base price wrote: » You are the only person that I know is in a producer group. I presume it works as follows - A number of farmers with simular type animals agree to join together to form a group in order to maximise their selling power. They make an arrangement (legal?) with a factory (one or more?) to supply a certain number of animals on a regular basis (weekly/fortnightly - for the year?) that fulfill a predetermined specification (weight/confirmation/fatscore etc) by the factory. Is the price per kg agreed prior to supply and does the price hold for the year presuming specifications are met. What happens if the group cannot supply the required number of animals. What happens if there is an over supply of animals in any particular week - i.e is there a reduction in the price per kg. Can members of the group sell to other factories that the group does not have an agreement with. I've more questions that I thought about during the day but I've forgotten them at the min.
wrangler wrote: » ''If the response isn’t adequate, the plan proposes “not to send any cattle to a factory under a set price” and “not to send cattle to a particular factory at short notice”. CA would be likely to regard that as price fixing
Base price wrote: » Why wrangler, I thought there was backing for producer groups from DAFM.
wrangler wrote: » Competition Authority won't allow that and well the factories know it
Base price wrote: » This?https://www.farmersjournal.ie/new-beef-group-to-be-launched-406009
Cavanjack wrote: » Was talking to an agent over the weekend, he was told to find out who is feeding over the winter and how many. They are worried about supplies for the spring he said.
Pidae.m wrote: » Only started buying for themselves with the last week down here for there own sheds
Willfarman wrote: » You’d have to have cattle booked into slaney last week to be on 3.75. On 3.70 now. A post up on Facebook about a bit of a stir brewing. A factory picket /boycott.
morphy87 wrote: » 3 75 south east bullocks
