beef price tracker

older by the day · 14-08-2019 05:19PM

wrangler wrote: »

Public service investigating public service ?????????

What do you think.

Inland Revenue were in investigating the small business tent on SUnday Morning in tullamore show, shower of ffffff.ers

There's nothing they wouldn't stoop to

Public service are no friend of the self employed

I'm telling you politicians have clought when they want to something. It's at there offices and homes that would hurt them. Did you see the pensioners when there was a cut in 09. The water protests. They wouldn't be long bringing in revenue or having dail committee s if they were afraid to be seen in public.

ppn · 15-08-2019 12:22AM

Firstly, sorry for the long post!
Been hearing a lot from MII and Competition Authority in the last few days that prices can't be discussed between the different farm organisations and MII or the processors in any protests or meetings.

It just seems absurd that the share, we as farmers, get (and I can only speak as a finisher) for our finished animal is around 21% of the retail price, down from over 39% in 1995 (and the same in 1983 from the figures I can find). This is taken from 'Food Prices in Ireland Report for the Consumer Liaison Panel' (year is 2006 I believe): "In the case of beef, the share of the retail price received by farmers has declined from just over 39 percent in the 12 months to December 1995 to just 32 percent in the 12 months ending December 2004."

Obviously, this isn't going to be handed back to us on a plate but hopefully it is something that can be addressed with the new 'Unfair Trading Practices Directive' adopted by the EU in March this year if any organisation chooses to contest the current disparity. (Ireland has 24 months to implement the directive into Irish Law).

Lastly, can anyone on here with a lot more knowledge than me shed any light or thoughts on this 'fifth quarter' issue?

I've read a few articles over the last year or so about exports of over €230million from beef offal and fifth quarter and I would have thought that it is established that farmer doesn't see any return on this.

UK figures say that offal sold for over £1200 per tonne in 2013 and Irish figures vary from €135 - €200 per animal. A rough calculation at €135 for an average carcass size of 300Kg is €0.45 per kg (even getting 25-30% of that would be €0.11 - €0.14 per kg)… Am I missing something here or what is going on? Confused face...

Also, just wanted to say it is nice to see IFA, Beefplan, ICSA, etc. coming together for talks. There's enough of fire coming at us from all angles from across the water to Larry in Brazil and the latest anti-meat brigade.. Time to keep politics out of it (wishful thinking)

Fireside Solicitor · 15-08-2019 12:08PM

On the offal, just look who owns the renderers around the country. I heard stories from an accountant about how the renderers would sit down once a year and go through their volume together and there was various transfers between them to make sure each was getting their true profit share. It is a cartel no different than processing. I also saw Larry himself on a trade trip to China many years ago and they were pushing hard for offal sales at the time. The offal was being routed through Brazil of all places. Don't know if anything has changed and cant see us getting a breakdown per animal from the factory which we should be getting....nothing like a bit of transparency.

High bike · 15-08-2019 12:52PM

Fireside Solicitor wrote: »

On the offal, just look who owns the renderers around the country. I heard stories from an accountant about how the renderers would sit down once a year and go through their volume together and there was various transfers between them to make sure each was getting their true profit share. It is a cartel no different than processing. I also saw Larry himself on a trade trip to China many years ago and they were pushing hard for offal sales at the time. The offal was being routed through Brazil of all places. Don't know if anything has changed and cant see us getting a breakdown per animal from the factory which we should be getting....nothing like a bit of transparency.

transparency,processors and Government are 3 words that should never be used in the same sentence

Grueller · 15-08-2019 10:40PM

3.55 base for heifers next week
3.10 for R grade cull cows

Sh1te money but I have to get something away.

High bike · 15-08-2019 10:49PM

Grueller wrote: »

3.55 base for heifers next week
3.10 for R grade cull cows

Sh1te money but I have to get something away.

u answered my question have a cow that hurt her back , was wondering what they were

Bass Reeves · 16-08-2019 06:19AM

First off the rendering plants deal with SRM not offal. The offal is sld by each processor. The independent's may sell it onto the big three.Trying to get paid seperate for offal isnot an option as it qould have a prorata value to the carcass. What we need is a minimum base price just like there is a minimum wage

Grueller · 16-08-2019 06:23AM

Bass Reeves wrote: »

First off the rendering plants deal with SRM not offal. The offal is sld by each processor. The independent's may sell it onto the big three.Trying to get paid seperate for offal isnot an option as it qould have a prorata value to the carcass. What we need is a minimum base price just like there is a minimum wage

Absolutely agree. Cost of production plus a small margin. More efficient operations then can increase their profit but it does not cover the deficiencies of messers and rooters.

Willfarman · 16-08-2019 09:35AM

Good loser wrote: »

So you're calling it a conspiracy? That's always the weakest of arguments.

If factory A pays 5 cent more than factory B stock move there (they are mobile!). If A pays 5cent less than B they desert A.

In that manner the price is always equalizing. The surprise would be if it wasn't.

And no factory is a little more efficient? A little more edge and a fraction hungrier for supply? The quote are alway in perfect equilibrium unless you deal with a small or medium set up and are prepared to wait anything week to a month for your money. There’s a fairly strong indicator of a cartel. I know a week before a drop in Price it’s coming and I’m a gombeen living between the rushes and sallies in the macamores. They drop 5 cent a week due to currency,sterling, market, brexit, the bogeyman under the bed, but an improvement in market, currency, brexit news and a ghostbusters remake and the rise comes back at a 5 rise every 3 weeks.
The excellent crystal clear phone line that tells me about the drops is distant and crackly and likely to lose connect before I’m told what day the rise is coming.

turfin · 16-08-2019 10:41PM

Bass Reeves wrote: »

What we need is a minimum base price just like there is a minimum wage

We need that like we need a hole in the head. I think it's bizarre that farmers could be sucked into the notion that government intervention in pricing is going to work for us long term. A big part of the reason we are in this mess is government intervention. Without subsidies people would stop producing, do something else and prices would rise. Instead what we have now is the crazy situation of prices falling for years and no let up in production.

If government were to help, IMO it should be to help ensure a proper free market. The things that needs to be sorted are price fixing between processors and collusion with retailers to limit prices paid to the farmers, and the removal of artificial, contrived market manipulation tactics such as age limits etc.

Danzy · 17-08-2019 10:04AM

turfin wrote: »

We need that like we need a hole in the head. I think it's bizarre that farmers could be sucked into the notion that government intervention in pricing is going to work for us long term. A big part of the reason we are in this mess is government intervention. Without subsidies people would stop producing, do something else and prices would rise. Instead what we have now is the crazy situation of prices falling for years and no let up in production.

If government were to help, IMO it should be to help ensure a proper free market. The things that needs to be sorted are price fixing between processors and collusion with retailers to limit prices paid to the farmers, and the removal of artificial, contrived market manipulation tactics such as age limits etc.

A proper free market.

Something that will never exist in reality though.

turfin · 17-08-2019 10:09AM

Danzy wrote: »

A proper free market.

Something that will never exist in reality though.

People on here are arguing for the opposite though. If we were to cheer along the government setting prices we've basically given up ownership of our assets. The next step by a progressive government would be maximum prices, and the lower the better would suit the masses looking for something for nothing.

cute geoge · 17-08-2019 10:24AM

Simple solution is export.export,export but when a shipper arrives in any mart ,the boys around the ring will sauce him every way .Even if a shipper was to bid on a jersey calf 2 weeks old in a mart ,Someone is almost guaranteed to bid against him

MIKEKC · 17-08-2019 04:44PM

Is there a cut over 30 months or do you just lose bonus

Bass Reeves · 17-08-2019 07:10PM

turfin wrote: »

We need that like we need a hole in the head. I think it's bizarre that farmers could be sucked into the notion that government intervention in pricing is going to work for us long term. A big part of the reason we are in this mess is government intervention. Without subsidies people would stop producing, do something else and prices would rise. Instead what we have now is the crazy situation of prices falling for years and no let up in production.

If government were to help, IMO it should be to help ensure a proper free market. The things that needs to be sorted are price fixing between processors and collusion with retailers to limit prices paid to the farmers, and the removal of artificial, contrived market manipulation tactics such as age limits etc.

turfin wrote: »

People on here are arguing for the opposite though. If we were to cheer along the government setting prices we've basically given up ownership of our assets. The next step by a progressive government would be maximum prices, and the lower the better would suit the masses looking for something for nothing.

I think if you read my posts I never said anything about Government setting a minimum beef price. The markets is skewed. Pat McDonagh spoke about it in the Indo today. He spoke about more competition. This is not going to happen in the short term. Farmers are unable to negotiate price. Therefore the only solution is the next time we go on strike( and it when not if)we should protest at factories until each individual factory gives us a minimum base price. IMO we should look for a minimum base price of 3.9/kg. Then every time a factory drops even a cent/kg below it we again protest at that factory.

turfin · 17-08-2019 08:55PM

Bass Reeves wrote: »

I think if you read my posts I never said anything about Government setting a minimum beef price. The markets is skewed. Pat McDonagh spoke about it in the Indo today. He spoke about more competition. This is not going to happen in the short term. Farmers are unable to negotiate price. Therefore the only solution is the next time we go on strike( and it when not if)we should protest at factories until each individual factory gives us a minimum base price. IMO we should look for a minimum base price of 3.9/kg. Then every time a factory drops even a cent/kg below it we again protest at that factory.

That makes more sense! When you said we needed a minimum base price "like the minimum wage" the implication was that it would be enforced by the government as that's what the minimum wage is. I was worried there, I thought this board had gone full on red!

Good loser · 18-08-2019 09:02PM

Bass Reeves wrote: »

I think if you read my posts I never said anything about Government setting a minimum beef price. The markets is skewed. Pat McDonagh spoke about it in the Indo today. He spoke about more competition. This is not going to happen in the short term. Farmers are unable to negotiate price. Therefore the only solution is the next time we go on strike( and it when not if)we should protest at factories until each individual factory gives us a minimum base price. IMO we should look for a minimum base price of 3.9/kg. Then every time a factory drops even a cent/kg below it we again protest at that factory.

Not a chance in hell of anything like a fixed price ever happening.

The recent price drop brought us to a level not seen for 5+ years; suddenly you and others are up in arms demanding this, that and the other as if this drop was to be a permanent fixture. Who knows what will happen?

As the Journal had it this week: the factories will keep their margin come what may - it doesn't matter to the farmer from which direction the price comes. For example if the bull price was cut to €2.50 a kilo to finance an increase in the base to €4 that only transfers money from one farmer to another. The same for age limits, over weights, movements,minimum prices or anything else. Bandon last Autumn stopped taking over 30 month stock 'for the foreseeable future'.

Farmers best interests are served by judging as best they can what's in front of them from the market and adjusting their systems as best they can to those realities.

In other words what they are all doing anyway!

(As bad as beef may be, I would not advise anybody in it to switch to forestry)

Duke92 · 25-08-2019 06:11PM

Are they protesting tomorrow
Ment to have cattle going just wondering
Thanks

Reggie. · 25-08-2019 11:51PM

Duke92 wrote: »

Are they protesting tomorrow
Ment to have cattle going just wondering
Thanks

Dont think so

tanko · 05-09-2019 12:16AM

Anyone know which factories have the codes F370 and WH7 ??

Danzy · 05-09-2019 12:23AM

tanko wrote: »

Anyone know which factories have the codes F370 and WH7 ??

Far as I know 370 is Moyvalley

Fireside Solicitor · 06-09-2019 10:09AM

Does anyone know the real story why the Beef Plan messages have stopped over the past 2 weeks. I joined a whatsapp group (having finally got a phone that has whatsapp) and the messages have stopped. I'm told its because the leaders are being sued.

Quoted 345 for 2 weeks time. Wont take them next week.

patsy_mccabe · 06-09-2019 11:19AM

Fireside Solicitor wrote: »

Does anyone know the real story why the Beef Plan messages have stopped over the past 2 weeks. I joined a whatsapp group (having finally got a phone that has whatsapp) and the messages have stopped. I'm told its because the leaders are being sued.

Quoted 345 for 2 weeks time. Wont take them next week.

I'm in the Clare WhatsApp group and the messages are still coming. They were stopped for a while and they did issue a statement condemning the protests that were obstructing factory business.... but we all know what that was about.

High bike · 06-09-2019 01:25PM

Anyone in Gortalea last night for the sucker show and sale?

Cavanjack · 22-09-2019 10:00PM

Looks like it’ll be flat out now for the next few weeks killing. Any quotes yet for this week?

Nobbies · 22-09-2019 10:41PM

Cavanjack wrote: »

Looks like it’ll be flat out now for the next few weeks killing. Any quotes yet for this week?

Slowly does it. give the last of the pickets time to get home.they might not like what there reading and hearing. could turn the outfit round on the road and return.

manjou · 22-09-2019 11:54PM

Cavanjack wrote: »

Looks like it’ll be flat out now for the next few weeks killing. Any quotes yet for this week?

liffy meats factories are on 3.50 3.60.

MfMan · 23-09-2019 12:17AM

manjou wrote: »

liffy meats factories are on 3.50 3.60.

Pickets lifted with Liffey nationwide?

manjou · 23-09-2019 06:59AM

MfMan wrote: »

manjou wrote: »

liffy meats factories are on 3.50 3.60.

Pickets lifted with Liffey nationwide?

yes pickets lifted last night

wrangler · 23-09-2019 07:24AM

Nobbies wrote: »

Slowly does it. give the last of the pickets time to get home.they might not like what there reading and hearing. could turn the outfit round on the road and return.

They said on the news that it'd be the most of this week before factories get going properly again.
Considering the horrendous weather for this week, there would be a very interesting reaction from the farmers if the pickets set up again

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