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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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Good loser

morphy87 wrote: »

Were you happy with the weights?

Okay. Big spread 295, 315 and 355 kg dwt. Three born the same week and were treated similarly all along.

morphy87

Bass Reeves wrote: »

A lot of 2018 calves and weanlings were exported. As well there will be away less U16 and U24 months bulls around. We have killed the same amount of heifers and 20K more steers than this time last year. Bull kill dr0pped 500 last week comapred to previous week and is now running 2K below last year. There is 45K less cattle killed than this time last year but we have nearly 50K less young bulls killed. Cow kill is 10k less. But AIM is showing less cattle in the 24 months + bracket from the early June. But since early June steer kill has been 2k/weeks ahead of last year.We also have to factor in the blockade last year that slowed the kill late in the year. The other factor to remember is cattle tied up to claim ANC a lot of these were not bought until late April/May this year. These will not come on market until Late October. As well with grass and a decent milk price dairy farmers will not be culling for another 8-10 weeks and if we get a dry autumn maybe not until November

It not the number of lads finishing it whether the cattle are there or not. Factories work on the presumption that if the cattle are there lads will finish them.

Going by your figures and you are usually spot on things should be looking good for the short term at least which would be a help

Bass Reeves

Cavanjack wrote: »

Ah I’d say there are plenty of cattle in the country coming fit over the next few months. There is always a lull this time of the year and especially with all the grass this year lads are in no panic to move them.
For all the lads that got out of beef to rear heifers it’d hardly come to 1% of finishers I’d imagine.

A lot of 2018 calves and weanlings were exported. As well there will be away less U16 and U24 months bulls around. We have killed the same amount of heifers and 20K more steers than this time last year. Bull kill dr0pped 500 last week comapred to previous week and is now running 2K below last year. There is 45K less cattle killed than this time last year but we have nearly 50K less young bulls killed. Cow kill is 10k less. But AIM is showing less cattle in the 24 months + bracket from the early June. But since early June steer kill has been 2k/weeks ahead of last year.We also have to factor in the blockade last year that slowed the kill late in the year. The other factor to remember is cattle tied up to claim ANC a lot of these were not bought until late April/May this year. These will not come on market until Late October. As well with grass and a decent milk price dairy farmers will not be culling for another 8-10 weeks and if we get a dry autumn maybe not until November

It not the number of lads finishing it whether the cattle are there or not. Factories work on the presumption that if the cattle are there lads will finish them.

Dickie10

so what happened from 2013 onwards from the first page in this thread regarding price, was it all down to dairy expansion. was that 2012 price normal or a bubble high, are we at normal now.

Danzy

morphy87 wrote: »

Stores are mad dear,but anybody selling stores will tell you they need it all to have anything at all out of it

They do and I buy stores.

morphy87

Cavanjack wrote: »

I’d imagine September alright when a lot of cattle start hitting 30 months. No two years are the same but usually the price falls back from the summer “high”. This year might be different though.
Brexit hasn’t gone away though and lads buying round the ring seem to be getting carried away with themselves.

Stores are mad dear,but anybody selling stores will tell you they need it all to have anything at all out of it

Danzy

There are less cattle that can be killed as well in the next 6 months than this time last year.

Lot exported over as calves, killed as bulls, etc etc.

That has to help but...

Cavanjack

morphy87 wrote: »

So when do you think the numbers will start to come on stream 5 to 6 weeks? And how do you think the price is going to go?

I’d imagine September alright when a lot of cattle start hitting 30 months. No two years are the same but usually the price falls back from the summer “high”. This year might be different though.
Brexit hasn’t gone away though and lads buying round the ring seem to be getting carried away with themselves.

morphy87

Cavanjack wrote: »

Ah I’d say there are plenty of cattle in the country coming fit over the next few months. There is always a lull this time of the year and especially with all the grass this year lads are in no panic to move them.
For all the lads that got out of beef to rear heifers it’d hardly come to 1% of finishers I’d imagine.

So when do you think the numbers will start to come on stream 5 to 6 weeks? And how do you think the price is going to go?

Cavanjack

morphy87 wrote: »

You would wonder are the cattle there to fill it? Two people that I know that would normally be starting to sell now have nothing, went down the rearing dairy heifers,

Ah I’d say there are plenty of cattle in the country coming fit over the next few months. There is always a lull this time of the year and especially with all the grass this year lads are in no panic to move them.
For all the lads that got out of beef to rear heifers it’d hardly come to 1% of finishers I’d imagine.

morphy87

Duke92 wrote: »

€3:75 in both Waterford plants for steers one couldn’t fill kill on Friday ppl holding out for 3:80 they’ll probably have to give it this week to keep them coming

You would wonder are the cattle there to fill it? Two people that I know that would normally be starting to sell now have nothing, went down the rearing dairy heifers,

Duke92

€3:75 in both Waterford plants for steers one couldn’t fill kill on Friday ppl holding out for 3:80 they’ll probably have to give it this week to keep them coming

[Deleted User]

Grueller wrote: »

What are cows making atm or has anyone sold any lately?

340 for r

farawaygrass

See the very first post on this thread-dream stuff!

Grueller

What are cows making atm or has anyone sold any lately?

morphy87

FarmerDougal wrote: »

That's only 3.70 Base, making 3.80 next week

Are they quoting 3.80 next week? Was talking to man this evening he sent off 4 Friday, he only rang the agent Thursday,he said the agent rang him after dinner today wanting to know could he pick out a load for tomorrow night, even though the cattle are not fit, he is very anxious for stock, the farmer said no he wants them to put on more flesh

Cavanjack

FarmerDougal wrote: »

That's only 3.70 Base, making 3.80 next week

Haven’t got quotes this while. Have a few to go in two weeks. They might end up making money!!!

FarmerDougal

Cavanjack wrote: »

4.02 for a u- under 30 months

That's only 3.70 Base, making 3.80 next week

Cavanjack

lexuslad wrote: »

What are U grade bullocks making then?

4.02 for a u- under 30 months

epfff

lexuslad wrote: »

What are U grade bullocks making then?

Up 6c each step

lexuslad

Bass Reeves wrote: »

Prices for QA under 30 month cattle at a 3.7 base
R=........3.96
R-/=......3.90
O+........3.78
O=........3.72
O-.........3.58
P+.........3.40

What are U grade bullocks making then?

Bass Reeves

morphy87 wrote: »

That’s a very big gap between an r grading animal and a p

Prices for QA under 30 month cattle at a 3.7 base
R+........3.96
R-/=......3.90
O+........3.78
O=........3.72
O-.........3.58
P+.........3.40

morphy87

Bass Reeves wrote: »

This is a misconception. On the new payments O= get 4C extra but with P+ get nothing extra. The real sting may be on over 30 months where O- and P+ get nothing extra. QA is now worth 20C/kg it has really opened a gap between P+ cattle and O=/O+. A P+ bullock is now 50c/Kg behind a QA R grading animal.

That’s a very big gap between an r grading animal and a p

morphy87

Good loser wrote: »

Unusually good for my stock. two O= One O-

Were you happy with the weights?

[Deleted User]

Think the steam has run out, our local plant only killing 3 days next week. Good few Northern lads missing in kerry yesterday.

Bass Reeves

morphy87 wrote: »

Were you happy with how they graded? at least now the fresians qualify for the quality assurance bonus

This is a misconception. On the new payments O= get 4C extra but with P+ get nothing extra. The real sting may be on over 30 months where O- and P+ get nothing extra. QA is now worth 20C/kg it has really opened a gap between P+ cattle and O=/O+. A P+ bullock is now 50c/Kg behind a QA R grading animal.

Good loser

morphy87 wrote: »

Were you happy with how they graded? at least now the fresians qualify for the quality assurance bonus

Unusually good for my stock. two O= One O-

Base price

Hard Knocks wrote: »

Is there an age limit?
Have a 20 month CH bull

TBH I don't know if there is an age limit. The mart manager was saying that Northern Irish buyers are very active around the rings so you'd probably do well selling him through the mart.

Hard Knocks

Base price wrote: »

They went for feeding. Payment was through the mart and the buyer paid the mart export paperwork fee. As I posted we carried the cost of transport to the mart.
It worked out well as it also covers our 5% BEAM reduction. It's seldom that I can say that rearing beef works but this year it has.

Is there an age limit?
Have a 20 month CH bull

memorystick

Cavanjack wrote: »

For dairy bred aa and hex it’s not too bad but for an r grading animal it’s still €3.70 base. Good to see it going in the right direction but wonder what September and October will bring.

From 3.50 to 3.70 is a 6% increase. No other sector would be as excited and not even in profit territory!