beef price tracker

epfff wrote: »

Factory prices fell in the knowledge there friends in Government will provide lifeline to keep suppliers from exiting the business.
I did accept Beam I will accept next payment because it helps to keep me a float but I do believe these payments are of more long term benefit to processors than farmers.
If these payments stoped and market forces made producers leave the industry processors would have to pay higher prices or they would run out of raw material.

I don't think they would ...polish beef and beef through mercusor would take up the slack ...more processors would go broke..more like it.
The way Johnson is going were Ina no deal scenario as we speak so beef industry looks like it's going to be wiped out next year anyways.

kk.man wrote: »

I had 28 eligible cattle for BEAM if this new scheme runs from the start of Covid till now I'll get nothing. I have the same amount of cattle as I had. They will want to think this thing out.

Why should you get anything if you didn’t kill cattle since Covid

Apologies for sullying the thread with the G word.

But with the negotiations ongoing to form a government. With this €50m passed it makes you wonder what concessions the Green party have been granted to get their approval of this €50m going to beef finishers.

We'll know in time I suppose.

epfff wrote: »

Or is it the first purchase of votes for a election I'm September

I think your right
Reps scheme to be launched to

Duke92 wrote: »

Yes have been for a while
But the ppl killed cattle at €3:40 I wouldn’t begrudge them getting it
I killed most in jan feb and done ok what I expected but if I had to kill them at €3:40 my profit would be gone I’ve only 12 since March 1

Your right about the price but I sent cattle off last November and only got 3.40 and lost my quality assurance whereas compared to September 18 I got 3.75 plus my quality assurance of 12 cents and then beam on top of it, it was last fall where people needed some sort of payment,

epfff wrote: »

Or is it the first purchase of votes for a election I'm September

Yep election will be coming

kk.man wrote: »

That's my point only big guys, contractors and feedlots finish cattle at that time of the year average and small guys are from mid year onwards.

I wouldn’t agree with you on the feed lots I know of three that have turned to dairy in the last few years

The factory own feed lots are a different story shouldn’t be allowed

Duke92 wrote: »

I wouldn’t agree with you on the feed lots I know of three that have turned to dairy in the last few years

The factory own feed lots are a different story shouldn’t be allowed

I know 2 big finishers that have also gone to dairy and another that had gone contract rearing this year, I reckon in another few years there Will be very few farmers finishing full time

Bass Reeves wrote: »

This is the second time in as many years that winter finisher's will be bailed out. I agree that COVID was an unexpected shock to the system but constant bailing out encourages lads to stay in a system where the margin is low. If the market was left to control itself lads would start to exit winter finishing this would force processor's and retailers to forward price contracts.

Winter finishing is popular by some bigger lads. They do not want to finish cattle off grass as it involves a lot of labour. It much easier to fill sheds with cattle and have them fed in 3-4 hours in a day. This can be seen from the fact that over the last few years the winter kill exceeds the summer kill. It is now nearly comparable with Autumn slaughtering.

In the drystock sector the only case that is made for extra money is for winter finisher's. We had the drought in 2018 and there was a hooha going looking for money but in the end it was the BEAM scheme that was put in place. After this the hooha will start for the grain growers. But it a case of f@@k the rest of us

Totally agree
People should be able to work the market and be able for the risks
I’d love to see the single farm payment gone to
The good farmers would survive and the ones just making up the numbers would go

Duke92 wrote: »

Totally agree
People should be able to work the market and be able for the risks
I’d love to see the single farm payment gone to
The good farmers would survive and the ones just making up the numbers would go

You wouldn't be selling in to a free market but a monopoly.

The single farm payment is only to ensure a steady and cheap supply of food.

Good farmers, bad farmers are all secondary to that.

Because he controls the market, simples.

Deleted User wrote: »

New scheme is pointless


Larry goodman,will just find a way to take it off beef finishers,while also pocketing it off his feedlots aswell..


Whole thing screams corruption

To fill their feedlots processors'll surely have to pay over the odds for cattle same as everyone else, fools say they manipulate the autumn price to keep down store price when in reality store price bears little relation to beef price all year.
All these conspiracy theories are a joke, any farmer feeding cattle of any age and hurling vile abuse at processors/politicians are only the lowest of the low.
There's enough suicide from cyber abuse without them contributing
If they're not satisfied they should f... off and do something else. Creed claimed beef farmers got 200m in the last year, if that's no good, then it's time to man up and move on

wrangler wrote: »

To fill their feedlots processors'll surely have to pay over the odds for cattle same as everyone else, fools say they manipulate the autumn price to keep down store price when in reality store price bears little relation to beef price all year.
All these conspiracy theories are a joke, any farmer feeding cattle of any age and hurling vile abuse at processors/politicians are only the lowest of the low.
There's enough suicide from cyber abuse without them contributing
If they're not satisfied they should f... off and do something else. Creed claimed beef farmers got 200m in the last year, if that's no good, then it's time to man up and move on

Go back to bed and get out the other side. Yes Creed claimed beef farmers got 200 million most of that was in Suckler payment. These have been around for years but in general no good to a large cohort of drystock farmers. KT which other farmers got is no longer there. Last year's I got was it 400 or 600 under BEAM which they will take back next year. BEAM was a brain fart of a scheme. Only 70% of the money drawn down and the 5% reduction is causing issue to a lot if farmers. Yes too many will not adjust on time, but the fact is a 5%reduction is really a 6%+ reduction. If you sell your weanling 1-2 weeks later than the ref year or maybe forget you had no bull that winter or were two cows down you may need to cut 10%+. KT being gone will cost me 500ush euro after taking away costs.

What IFA and the minister and you fail to understand is that doling out money from the EU only benefits some farmers. Most now come with costs that take away at least 25% of the benefit. Probably the only scheme is the calf weighting scheme that was bough out over the last 4-5 years where the costs are minimal.

But replacing 20-30% of what the market returned 4-5years ago is not the answer and is no reason for the powers that be to think they deserve a clap in the back.

The new slush fund will again only benefit a select few. The only ones that the powers that be seem worried about are larger finisher's and making sure processor have the supply they require.

Because of that any money is targeted at select groups to make sure that excess supply is kept in place. It a case of f@@k the rest of us