beef price tracker

blue5000 · 19-12-2019 12:28AM

I'm inclined to agree Bass, but I reckon beef price will miraculously lift next Feb when all the dairy calves hit the ground.

The Mercusor deal hasn't gone away either, so if we simply stop producing beef here, it will be imported from 3rd countries or wherever it is produced cheaply. Most consumers don't give a fcuk about quality or taste or whether it's 30 days aged angus or not, it's just the price they look at.

China wanted u30 mth beef but they didn't want QA, which means to me that they were buying at a price. None of us know what price or credit terms Brazilian beef goes to China at. We don't even know what Irish processors are getting for beef going to China either.

Water John · 19-12-2019 12:34AM

The price of beef is inelastic. If the price drops, the consumer doesn't buy more. The price isn't the critical factor.

gerryirl · 19-12-2019 12:40AM

Fireside Solicitor wrote: »

Kepak offering 355 and no cut for heavy cattle this week

does that mean they have to give 4 months notice now to change it....lol

Robson99 · 19-12-2019 09:46AM

gerryirl wrote: »

does that mean they have to give 4 months notice now to change it....lol

You wouldn't get 4 days notice let alone 4 months

Fireside Solicitor · 20-12-2019 10:16AM

3.55 flat no bonus. at least they are gone. No stock now. To buy or not to buy that is the question?

kk.man · 20-12-2019 10:26AM

Fireside Solicitor wrote: »

3.55 flat no bonus. at least they are gone. No stock now. To buy or not to buy that is the question?

Buy, they wont be any cheaper imo.

Bass Reeves · 20-12-2019 01:48PM

Fireside Solicitor wrote: »

3.55 flat no bonus. at least they are gone. No stock now. To buy or not to buy that is the question?

I always try to buy previous to selling especially if the market is down low, I usually find that this is the most profiatble way to manage the market. Shifed a few cattle this week. They were inside since ,id September. They were all under 30 months. Excellent weights they were on 5ish kgs and wholecrop bales of barley silage. But from the look of the lairages cattle numbers have droppedand processors will struggle with numbers after Christmass for a few weeks

Cavanjack · 02-01-2020 08:56AM

Any quotes for the coming week?

02-01-2020 11:24AM

Cavanjack wrote: »

Any quotes for the coming week?

Two agents rang me yesterday, one saying numbers are tighter than a month ago . The other lad trying to talk things down. No prices given but to have guys inquiring is a big improvement . A local farmer/meal merchant tells me his finishing ration is back 100ton per week which is a positive for the rest of us

dryan · 02-01-2020 11:32AM

Cavanjack wrote: »

Any quotes for the coming week?

On the phone to agent last night.
3.60 base for steers with no weight restriction on offer in Kilbeggan.
Have 3 going overage next week so will move those and a few others.
Killing tomorrow.

Cavanjack · 02-01-2020 11:49AM

dryan wrote: »

On the phone to agent last night.
3.60 base for steers with no weight restriction on offer in Kilbeggan.
Have 3 going overage next week so will move those and a few others.
Killing tomorrow.

It’s far from where we want to be but at least it’s moving. Plenty of stories of agents ringing lads hopefully it’ll lead to something.

Cavanjack · 02-01-2020 11:56AM

1373 wrote: »

Two agents rang me yesterday, one saying numbers are tighter than a month ago . The other lad trying to talk things down. No prices given but to have guys inquiring is a big improvement . A local farmer/meal merchant tells me his finishing ration is back 100ton per week which is a positive for the rest of us

Yeah last winter the meal wouldn’t be delivered here for a day or two. This winter it comes the same day.

wrangler · 02-01-2020 12:04PM

Cavanjack wrote: »

It’s far from where we want to be but at least it’s moving. Plenty of stories of agents ringing lads hopefully it’ll lead to something.

Low prices curing low prices ......... eventually.
It'd happen quicker but for the subsidies,

ruwithme · 02-01-2020 11:44PM

Cavanjack wrote: »

Any quotes for the coming week?

Agent told me on Tuesday liffey meats bjd were €3.60 base for heifers

locha · 04-01-2020 04:01PM

3.60 underage steers 3.55 overage. I’m holding for another week...

tanko · 04-01-2020 04:33PM

Anyone know of quotes for R grade cows?

mr.stonewall · 06-01-2020 08:53PM

Any quotes for the week ahead

straight · 06-01-2020 09:25PM

Any lift in cull cow prices?

Cavanjack · 06-01-2020 10:13PM

Heard 3.50 is going for r grade bulls. Up 20cent from a month or 6 weeks ago

Hershall · 06-01-2020 10:27PM

mr.stonewall wrote: »

Any quotes for the week ahead

3.60 underage bks and hfrs midlands

weatherbyfoxer · 06-01-2020 10:49PM

3.60 in spec steers..agent out this evening cattle booked to be kill Thursday morning

Tileman · 06-01-2020 10:57PM

weatherbyfoxer wrote: »

3.60 in spec steers..agent out this evening cattle booked to be kill Thursday morning

Surprise surprise prices are up slightly just before the beef forum meeting next week. So the processors and retailers can say nothing to see here we have raised prices over the past few weeks

CloughCasey1 · 07-01-2020 12:19AM

Tileman wrote: »

Surprise surprise prices are up slightly just before the beef forum meeting next week. So the processors and retailers can say nothing to see here we have raised prices over the past few weeks

Ara. They are still dog sh1t prices.

grange mac · 07-01-2020 12:25AM

They really are taking the urine! They just letting farmers know who the boss is. Goodman down playing market, no doubt if prices world wide fall again.... Ireland will lead the fall also. Its any excuse really. They even have the 15% gain in fx.... They just always want win and to me personally only way to minimise losses is do what's best for me not him.

foundation10 · 10-01-2020 01:51PM

Any prices for inspec heifers for next week?

kk.man · 10-01-2020 03:19PM

grange mac wrote: »

They really are taking the urine! They just letting farmers know who the boss is. Goodman down playing market, no doubt if prices world wide fall again.... Ireland will lead the fall also. Its any excuse really. They even have the 15% gain in fx.... They just always want win and to me personally only way to minimise losses is do what's best for me not him.

I think the results of the Task Force yesterday spoke volumes.
Tesco; 30 month beef but 30 days residency.
The rest; 30 months not a real issue and zero residency.

Factories have made the rules themselves while stating Supermarkets insist on these specs.

wrangler · 10-01-2020 03:29PM

kk.man wrote: »

I think the results of the Task Force yesterday spoke volumes.
Tesco; 30 month beef but 30 days residency.
The rest; 30 months not a real issue and zero residency.

Factories have made the rules themselves while stating Supermarkets insist on these specs.

Were they asked yesterday why the had those specs.
Did they change the specs then yesterday, I'd be surprised if they did

kk.man · 10-01-2020 04:00PM

wrangler wrote: »

Were they asked yesterday why the had those specs.
Did they change the specs then yesterday, I'd be surprised if they did

I think they may have been asked but there is no change I'd say Bord Bia would have to agree or change their rule book for QA Status. It is certain that the Supermarkets are not rigorous as what was portrayed.

wrangler · 10-01-2020 04:13PM

kk.man wrote: »

I think they may have been asked but there is no change I'd say Bord Bia would have to agree or change their rule book for QA Status. It is certain that the Supermarkets are not rigorous as what was portrayed.

Age, movements,etc are outside the control of bord bia, all they're certifying is that your farm is an acceptable standard.

''While your farm may indeed be Quality Assured, this does NOT necessarily mean all your cattle sent for slaughter will receive a Quality Payment Bonus, as this payment is dependent on other factors, outside of Bord Bia’s control. It is the responsibility of the farmer to check! It is absolutely vital that you check out your particular situation BEFORE sending your cattle to the factory. Check with your factory buyer, what the exact criteria are, in order that your cattle receive a Quality Payment Bonus, i.e. Age, Number of Movements, Days Residency, Grade, Weight, etc.''

This alone highlights the lies that Beef Plan are spewing

No need to change the Bord Bia rule book

kk.man · 10-01-2020 04:20PM

wrangler wrote: »

Age, movements,etc are outside the control of bord bia, all they're certifying is that your farm is an acceptable standard.

''While your farm may indeed be Quality Assured, this does NOT necessarily mean all your cattle sent for slaughter will receive a Quality Payment Bonus, as this payment is dependent on other factors, outside of Bord Bia’s control. It is the responsibility of the farmer to check! It is absolutely vital that you check out your particular situation BEFORE sending your cattle to the factory. Check with your factory buyer, what the exact criteria are, in order that your cattle receive a Quality Payment Bonus, i.e. Age, Number of Movements, Days Residency, Grade, Weight, etc.''

This alone highlights the lies that Beef Plan are spewing

But every factory adhere strictly to 30 months 4 movements and 70 days. The Supermarkets are not singing off the same hymn sheet.

beef price tracker

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