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beef price tracker

49801

any interest in having a factory beef price tracker on here?

got 4 hiefers to go, 3rs and 1o

got the following quotes for base price on Mon 23 Jan

4.10e/kg aibp bandon
4.15e/kg aibp cahir

quotes including bord bia
am holding tough as hoping for 4.25e/kg

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Anto_Meath

You will find most lads around the ring for nearly finished cattle know their value to the cent. Good Continental cattle tend to make within a few euro of what they would make in the factory, but Fr, AA's or HE's will all make a bit less and on a bad day could make €150 less than the factory price.

Cavanjack

weatherbyfoxer wrote: »

should have the last few steers here ready for slaughter the end of the month..mix of aa,fr and a few continental all maybe 625kg average live...with the current base of 360 im strongly thinking of letting them off in the mart and let some lunatic give me 100 euro per head more than the factory..

If that was the case we’d all be selling finished cattle in the mart. Rarely do they make more in the mart unless cattle are very scarce.

MIKEKC

1373 wrote: »

It’s bizarre how the factories have managed to keep prices down for so long . This time last year I got 3.60/3.70 for o/r grades bulls when there was a 2 week wait to get them killed . Now been offered 3.40 /3.50 and they want them the next day

It's more bizarre that people are paying crazy prices for cattle. At this stage we know the factories won't increase prices until they really have to

tanko

MIKEKC wrote: »

It's more bizarre that people are paying crazy prices for cattle. At this stage we know the factories won't increase prices until they really have to

Can you give some examples of these "crazy" prices?

MIKEKC

tanko wrote: »

Can you give some examples of these "crazy" prices?

Haven't been to marts lately prices were quoted on this thread from before xmas to now

MIKEKC

tanko wrote: »

Can you give some examples of these "crazy" prices?

Check Kanturk mart results for today

[Deleted User]

MIKEKC wrote: »

Check Kanturk mart results for today

Or Gortatlea last Wednesday night.

jfh

DukeCaboom wrote: »

Or Gortatlea last Wednesday night.

I was at ennis last Thursday and if you saw the Mart report, it showed top prices. I take Mart reports Pinch of salt

[Deleted User]

jfh wrote: »

I was at ennis last Thursday and if you saw the Mart report, it showed top prices. I take Mart reports Pinch of salt

I was in Gortatlea last Wednesday night.

MIKEKC

DukeCaboom wrote: »

I was in Gortatlea last Wednesday night.

Today's independent

blue5000

MIKEKC wrote: »

It's more bizarre that people are paying crazy prices for cattle. At this stage we know the factories won't increase prices until they really have to

I think it could be Northern buyers in the marts.

tanko

Jjameson wrote: »

It’s big single farm payments, pensions, guys with business interests lists of money and a gra for cattle and perceive farming as better than giving it to revenue. Lucky for the guys selling stores, they are being cushioned from the market reality again.

If you think that lads selling stores are being cushioned from the market reality again you should go out, buy a batch of cows and produce your own calves and stores. You won't be long finding out out about "market reality".

barnaman

In all stages myself suckler, buying stores, and factory. Spend alot of time fooling the bank and all the time fooling myself.

Cut back on suckers and going to exit them this year when BDGP finishes. Going to concentrate on fattening heifers.

Just to add Northern men buying alot at moment expect the mart trade to last till brexit

epfff

tanko wrote: »

If you think that lads selling stores are being cushioned from the market reality again you should go out, buy a batch of cows and produce your own calves and stores. You won't be long finding out out about "market reality".

I think what he is trying to say is it would be a lot worse if these guys werent taking some of the pain and id have to agree.

kk.man

Jjameson wrote: »

Carnew mart last Saturday March 18/520 kg reasonable r grade but not overly growthy charolais bullocks 1280. The guy selling isn’t Winning but given the buyer is a large quarry/concrete business owner even this is subsidised. 700kg underage cattle would need everything to go right to gross €1450.
Narrow Angus cattle bringing close enough 2 euro a kg. Bass has posted here at Length before the nett results of these types.

I know who you are talking about. He took me out a few times before. I let the likes of them off on their quest.

Panch18

Jjameson wrote: »

Carnew mart last Saturday March 18/520 kg reasonable r grade but not overly growthy charolais bullocks 1280. The guy selling isn’t Winning but given the buyer is a large quarry/concrete business owner even this is subsidised. 700kg underage cattle would need everything to go right to gross €1450.
Narrow Angus cattle bringing close enough 2 euro a kg. Bass has posted here at Length before the nett results of these types.

At 1280 for those charolais bullocks, that aren't yet a year old, how is the seller not winning??

CloughCasey1

Panch18 wrote: »

At 1280 for those charolais bullocks, that aren't yet a year old, how is the seller not winning??

Either way the buyer wont!

Panch18

CloughCasey1 wrote: »

Either way the buyer wont!

I agree!!

Albert Johnson

Panch18 wrote: »

At 1280 for those charolais bullocks, that aren't yet a year old, how is the seller not winning??

By my reckoning March 18 to now is closer to 2 year's however I agree that it's a fair touch for them in the current times. The man selling them isn't going to be made up either but there bound to be €200 a head dearer than 2 months ago, it's not that long ago since circa €2-2.10 a kilo was buying those types compared to €2.40 or more today.

I think part of the reason that the beef trade doesn't react to market forces is that there's too much of an input of outside money. A lot of the stronger customers ringside have access to money from other businesses, legacies ect and it distorts the trade. This could be said of any industry to a point but beef farming isn't that difficult to get into especially if you've access to the land base.

Panch18

near 2 year olds of course!! long morning!

straight

Are cull cows making 3 euro per kg. Would they kill out at 50 percent liveweight? Dairy cows

wrangler

Panch18 wrote: »

near 2 year olds of course!! long morning!

Yea, poor money for two years but poor performance also, so self inflicted by the seller

Robson99

What way are base prices at the moment ??
Are we still 3.60 for heifers ??

Albert Johnson

wrangler wrote: »

Yea, poor money for two years but poor performance also, so self inflicted by the seller

Out of interest what would you consider good performance in the same time frame? I suppose the seller could have them near ready to kill if he put his mind to it as opposed to selling as store's to go back to grass but would he be any better off at current prices. I'm assuming those sort of stock would come into circa 700kg at slaughter and would they gross much with €1400 atm?

I'm of the opinion that beef production has become too intensive and it's now all about how much money can be thrown at the problem of non existent profitability. Just because it can be done doesn't mean it should be done imo although that won't wash with the meal salesmen or the so called state "advisors".

Going back to the cattle in question the seller could probably have invested more time, money and effort in them for little extra reward. The bottom line as I see it is that there's very little renumeration for anyone this side of the kill line and until that changes criticizing one system over another is akin to rearranging the deck chairs on the Titanic.

Panch18

I actually don't think there is anything too wrong with the performance of those Charolais cattle, hard to judge without seeing them.

But i reckon he's far better off selling at that money than pumping nuts into them trying to finish them

Robson99

Panch18 wrote: »

I actually don't think there is anything too wrong with the performance of those Charolais cattle, hard to judge without seeing them.

But i reckon he's far better off selling at that money than pumping nuts into them trying to finish them

Exactly.
Certainly not at 3.60 or there abouts. Winter finishing is a complete waste of time at those prices
They will be good cattle next June / July off grass with feck all meal

wrangler

Jjameson wrote: »

Say the man put 200€ of meal into them he now only has the butcher as a customer. And only 120€ more.

He didn't know they weren't going to be €4.00/kg, they're probably suckler calves you'd be expecting them to do better

Robson99

Jjameson wrote: »

What’ll they be worth?

Good question...you would hope the might average 1500??? Depends if they storey or fleshy now...Probably may take till August to get enough weight on them.
But if they fed now with meal for killing in April then I cannot see this paying

Bass Reeves

Robson99 wrote: »

Good question...you would hope the might average 1500??? Depends if they storey or fleshy now...Probably may take till August to get enough weight on them.
But if they fed now with meal for killing in April then I cannot see this paying

Alot depends on how early you can get them out to grass. If left out to grass March 1st and fed ration from last week in April to finish in mid June assuming 1.5kgs/ day and 530 kgs going to grass killing mid June at a base of 3.9 would grading R=/+ would have them making 1500 euro.

Going to grass late March 535kgs on grass until late August gaining an average of 1.3kgs/day. Give a base of 3.7/kgs and grade R+/U- brings them into about 1600euro. You have them 60days longer and be going overage in September.

Cavanjack

Jjameson wrote: »

They are going into a new shed (latest addition and another planned for this year) . 70k for just the steelwork. They won’t see grass. Whether they leave a margin or not doesn’t seem to matter..

€1280 plus close to €300 for meal if feeding him for 120 days @10kg a day leaves him at €1580.
If he goes on well he’ll put on 200kg so 720 live weight. He’ll come close to 400kg dead. At a base price of €3.70 and grading r+ he’ll be €3.96 kg so he’ll come into €1584.
That’s before silage/straw, transport, mart fees, factory fees, dosing, slurry etc.
He’d might break even with a base price of €3.90 but the shed has to be paid for too so....