beef price tracker

Bass Reeves · 14-06-2020 09:52AM

johnnyw20 wrote: »

Just a quick question. Have a couple of Hereford and aubrac heifers here that are 16 months old and around 450/470kg. Never finished heifers before as it was either bull beef or sold as stores. What’s the ballpark liveweight that lads send heifers off to the factory just so I’ve an idea when they are coming fit?

Anything from 500kgs up. But with heifers during the summer and cheap LW gain you need to carry them to as heavy as possible. Younger heifers may not have the frame to cart the weight. Friend finishes some but he buys as 15-20 months stores and he trys to carry them to as heavy as possible.bhe will have HE kill 330-350 DW about 650 LW

richie123 · 14-06-2020 10:13AM

Bass Reeves wrote: »

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

Farmers have only themselves to blame.
We keep producing a product completely oversupplied.

I repeat.

We keep over producing an oversupplied product.

That's it.. nothing else Goodman Creed etc blame who you want but when have too much of anything it's always devalued.
Beef men need to diversify and stop complaining.it gets you no where.

Robson99 · 14-06-2020 10:16AM

richie123 wrote: »

Farmers have only themselves to blame.
We keep producing a product completely oversupplied.

I repeat.

We keep over producing an oversupplied product.

That's it.. nothing else Goodman Creed etc blame who you want but when have too much of anything it's always devalued.
Beef men need to diversify and stop complaining.it gets you no where.

So why are we bringing it in from Poland or why were the processors selling horse meat as beef ???
Are the imports from Poland going to increase as we decrease ?

K.G. · 14-06-2020 10:53AM

While larry is nt going to make a millionaire out of anyone, the overiding problem with beef in ireland is scale and efficiency.there is a margin in beef production just not enough for small scale farming.i know one guy in beef and doing well.killing big numbers every year.buys dry cows handy cattle(no film stars) in the mart and in yards.very simple system for feeding them and ration would come in below200 a ton due to scale of buying.the other day i saw a guy passing to buy a bale .the round trip for that bale took 1 1/4 hrs.what animal could pay for that or make it efficient .the same in the journal and you see people showing off their 100 k slatted house for 10 or 15 cows.fair enough its nice to do abit of farming i can understand and wouldnt discourage anyone but the raving and conspiracy theories that go on is unreal.

Bass Reeves · 14-06-2020 11:02AM

Jjameson wrote: »

I disagree that grass fed safe traceable beef is in over supply, there is a reason why Irish beef dominates the uk market but I agree the only way to get anything for it is to make it scarce. Pocket our sfp, Scrap the intensive suckler model and Milk the milkmen. Let them calve the cows, rear the calves and we give them only what allows us a return for making beef out of them

I agree the grass fed brand really needs to be pushed to differentiate between grass fed and cattle finished on 100% cereals diet.

K.G. wrote: »

While larry is nt going to make a millionaire out of anyone, the overiding problem with beef in ireland is scale and efficiency.there is a margin in beef production just not enough for small scale farming.i know one guy in beef and doing well.killing big numbers every year.buys dry cows handy cattle(no film stars) in the mart and in yards.very simple system for feeding them and ration would come in below200 a ton due to scale of buying.the other day i saw a guy passing to buy a bale .the round trip for that bale took 1 1/4 hrs.what animal could pay for that or make it efficient .the same in the journal and you see people showing off their 100 k slatted house for 10 or 15 cows.fair enough its nice to do abit of farming i can understand and wouldnt discourage anyone but the raving and conspiracy theories that go on is unreal.

But the real reason may be he is getting 10-20c/kg more that the smaller. As well he is feeding off that small guys image his beef is sold in to the UK , McD's under the photo of the couple of cattle in a nice green field. As well as we see not any time that there is a sneeze in the system the the powers that be will be looking for money for him.

14-06-2020 11:14AM

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

Im hurling abuse at no one,chill out

...but you hardly need to be a member of mensa to see that a pay-out on killed cattle is going to favour larger feedlots?

I have no skin in this atal,and can see who the obvious beneficiares are,who exactly had an input on this brainfart of an idea??

What will happen in 2 to 3 years,when money for this has run out and factories have eroded the margin,lads will be left worse off than at the start

richie123 · 14-06-2020 11:18AM

Robson99 wrote: »

So why are we bringing it in from Poland or why were the processors selling horse meat as beef ???
Are the imports from Poland going to increase as we decrease ?

We are in the EU Larry can buy any sell where ever he wants in the EU.
Ya I agree the horse meat scandel was outrageous.

richie123 · 14-06-2020 11:24AM

[Deleted User] wrote: »

Im hurling abuse at no one,chill out

...but you hardly need to be a member of mensa to see that a pay-out on killed cattle is going to favour larger feedlots?

I have no skin in this atal,and can see who the obvious beneficiares are,who exactly had an input on this brainfart of an idea??

What will happen in 2 to 3 years,when money for this has run out and factories have eroded the margin,lads will be left worse off than at the start

Sure if they want (factories)to pay certain feeders more how is that illegal ?

14-06-2020 11:28AM

richie123 wrote: »

Sure if they want (factories)to pay certain feeders more how is that illegal ?

They wont pay extra,or anything close to the premium.....its straight into the pocket its heading :pac:

There is any amount of studies to indicate trickle-down econmics simply dont work.....its a great idea politicaly,easy to sell as a positive,but breathtakingly naive in reality

richie123 · 14-06-2020 11:43AM

[Deleted User] wrote: »

They wont pay extra,or anything close to the premium.....its straight into the pocket its heading :pac:

There is any amount of studies to indicate trickle-down econmics simply dont work.....its a great idea politicaly,easy to sell as a positive,but breathtakingly naive in reality

Oh you mean the new and old beam scheme.
Yes I would agree with u it will go straight into Larry's pocket Ina roundabout way.
An absolute crazy idea.
all it's doing is encouraging more overproduction of an already oversupplied product.
Keeping d farmer hanging on by his fingernails.
Larry loves that.
Throw some scraps every now and then

K.G. · 14-06-2020 11:56AM

Bass Reeves wrote: »

I agree the grass fed brand really needs to be pushed to differentiate between grass fed and cattle finished on 100% cereals diet.

But the real reason may be he is getting 10-20c/kg more that the smaller. As well he is feeding off that small guys image his beef is sold in to the UK , McD's under the photo of the couple of cattle in a nice green field. As well as we see not any time that there is a sneeze in the system the the powers that be will be looking for money for him.

And do you know larry probaly makes more out of his cattle than all the pricking around with a fellas arguing over the price of a few cattle and tuning up with them whenever it suits.anytime they are stuck for a double of cattle they can ring him up and they are sorted in one phone call.

Robson99 · 14-06-2020 12:04PM

richie123 wrote: »

We are in the EU Larry can buy any sell where ever he wants in the EU.
Ya I agree the horse meat scandel was outrageous.

Yes he can. But selling it as irish Beef is the problem

wrangler · 14-06-2020 12:51PM

Deleted User wrote: »

Im hurling abuse at no one,chill out

...but you hardly need to be a member of mensa to see that a pay-out on killed cattle is going to favour larger feedlots?

I have no skin in this atal,and can see who the obvious beneficiares are,who exactly had an input on this brainfart of an idea??

What will happen in 2 to 3 years,when money for this has run out and factories have eroded the margin,lads will be left worse off than at the start

I didn't say you were hurling abuse,

But this talk of conspiracy theories, when it's impossible to prove,, is making farmers a laughing stock.
Farmers are feeding this monster too and are no better than the politicians subsidising it, politically there's very little government can do without interfering in an independent business which wouldn't be on in a free country.
The joke of course is that if farmers get €50m sub there'll be €100m extra given for store cattle in the marts, there's only one crowd to take responsibility for that stupidity

richie123 · 14-06-2020 01:31PM

Robson99 wrote: »

Yes he can. But selling it as irish Beef is the problem

True that's wrong and illegal.
Larry's licking his lips with this new scheme..
More scraps for the poor farmers to then go out and buy even dearer cattle to still make even less out of and then blame Larry again, tis gas.

14-06-2020 01:38PM

wrangler wrote: »

I didn't say you were hurling abuse,

But this talk of conspiracy theories, when it's impossible to prove,, is making farmers a laughing stock.
Farmers are feeding this monster too and are no better than the politicians subsidising it, politically there's very little government can do without interfering in an independent business which wouldn't be on in a free country.
The joke of course is that if farmers get €50m sub there'll be €100m extra given for store cattle in the marts, there's only one crowd to take responsibility for that stupidity

Its not a conspiracy :pac: its relatively obvious logic that large feedlots,will benefit most from a slaughter payment,or am i missing something??

charolais0153 · 14-06-2020 01:42PM

[Deleted User] wrote: »

Its not a conspiracy :pac: its relatively obvious logic that large feedlots,will benefit most from a slaughter payment,or am i missing something??

Thata why there are caps set, the person with the most cattle is obviously losing the most money so deservrs the most subsidy

kk.man · 14-06-2020 01:49PM

K.G. wrote: »

And do you know larry probaly makes more out of his cattle than all the pricking around with a fellas arguing over the price of a few cattle and tuning up with them whenever it suits.anytime they are stuck for a double of cattle they can ring him up and they are sorted in one phone call.

I beg to differ on that one. The thousands of acres his company owns brings in 400k in EU subs. Looks good however subtract 20 odd ppl working for the feedlot and its not so good. Kepak opened their doors to a farmer group a few years back. They were finishing bulls and heifers at the time. The profit margin on the heifers was zero and they had 50e per head on the bulls. Remember these cattle are inside all year and the amount of tillage area that is required to keep feed into them is massive.

Bert Allen after he sold to Larry was going to up his feedlots however I believe he was or is going to intensive dairying.

Big guys with family labour do well out of hight EU subs but I don't think they are that profitable if high labour intensive. So you might ask the question why should they have them?

IMO fir two reasons the first is they have cattle for their factories and the second is financial investment. I know several srude business ppl who bought land with no intention to farm it. It's a very valuable asset and history has shown generally it does not get any cheaper to purchase.

richie123 · 14-06-2020 02:50PM

[Deleted User] wrote: »

Its not a conspiracy :pac: its relatively obvious logic that large feedlots,will benefit most from a slaughter payment,or am i missing something??

Feedlot status can't apply for the scheme?maybe I picked that up wrong.

MIKEKC · 14-06-2020 03:24PM

Robson99 wrote: »

And you don't think that processors / politicians are driving farmers over the edge ?

If farmers didn't drive the price of stores they wouldn't be under so much pressure . They are driving themselves over the edge

MIKEKC · 14-06-2020 03:26PM

richie123 wrote: »

True that's wrong and illegal.
Larry's licking his lips with this new scheme..
More scraps for the poor farmers to then go out and buy even dearer cattle to still make even less out of and then blame Larry again, tis gas.

It's really gas, but it continues year after year and as you say blame Larry or someone else. Never themselves

K.G. · 14-06-2020 03:28PM

kk.man wrote: »

I beg to differ on that one. The thousands of acres his company owns brings in 400k in EU subs. Looks good however subtract 20 odd ppl working for the feedlot and its not so good. Kepak opened their doors to a farmer group a few years back. They were finishing bulls and heifers at the time. The profit margin on the heifers was zero and they had 50e per head on the bulls. Remember these cattle are inside all year and the amount of tillage area that is required to keep feed into them is massive.

Bert Allen after he sold to Larry was going to up his feedlots however I believe he was or is going to intensive dairying.

Big guys with family labour do well out of hight EU subs but I don't think they are that profitable if high labour intensive. So you might ask the question why should they have them?

IMO fir two reasons the first is they have cattle for their factories and the second is financial investment. I know several srude business ppl who bought land with no intention to farm it. It's a very valuable asset and history has shown generally it does not get any cheaper to purchase.

By his cattle i mean my farmer friend.the amount of assholing around that goes on with beef farming in ireland,cow boxes on the road non stop moving ,buying selling going to the marts, shifting bales,fencing small blocks for small numbers of animals.there is a margin in cattle but its not big enough to pay for all that.

lexuslad · 14-06-2020 04:14PM

Just wondering on average how much weight does a Bullock or heifer lose once on the hook? 50% or so is it?

tanko · 14-06-2020 04:53PM

lexuslad wrote: »

Just wondering on average how much weight does a Bullock or heifer lose once on the hook? 50% or so is it?

Roughly a bullock would lose 44%, a heifer 40% and a cow 50% on the hook.

Bass Reeves · 14-06-2020 05:22PM

lexuslad wrote: »

Just wondering on average how much weight does a Bullock or heifer lose once on the hook? 50% or so is it?

it all depends on grade, breed, weight, and fat score. Generally bullocks will kill from 47-56%, heifers from 49-54 %

jntsnk · 14-06-2020 05:54PM

lexuslad wrote: »

Just wondering on average how much weight does a Bullock or heifer lose once on the hook? 50% or so is it?

Herefords 52% last week . No ration just grass

richie123 · 14-06-2020 09:38PM

Jjameson wrote: »

No feedlot status is only a TB status, means nothing in terms of numbers or contract arrangement.
It was capped at 100 cattle the last time.

I see so feedlot status feeders can apply for the scheme so ?? Asking for a friend ðŸ™ˆ

Cavanjack · 14-06-2020 09:46PM

tanko wrote: »

Roughly a bullock would lose 44%, a heifer 40% and a cow 50% on the hook.

Good u grade bullocks can kill out at 58%.
R grades round 55%
Young continental bulls 58% is the norm.
Dairy type bulls 52%

tanko · 14-06-2020 09:50PM

Cavanjack wrote: »

Good u grade bullocks can kill out at 58%.
R grades round 55%
Young continental bulls 58% is the norm.
Dairy type bulls 52%

I know, i said a bullock would lose roughly 44% so would kill out at about 56% of live weight.

mf240 · 14-06-2020 10:48PM

Are they stuck on 360 this week or are they back a bit

Water John · 14-06-2020 11:36PM

K.G. wrote: »

By his cattle i mean my farmer friend.the amount of assholing around that goes on with beef farming in ireland,cow boxes on the road non stop moving ,buying selling going to the marts, shifting bales,fencing small blocks for small numbers of animals.there is a margin in cattle but its not big enough to pay for all that.

If only they'd rent their ground cheaply to you. You'd make good use of it.

beef price tracker

Comments