White Clover wrote: » With beef, the factories have control of supply through their own feedlots and contracted farmers that they have bankrupted previously are feeding for them for a wage. It is market control and manipulation.
White Clover wrote: » The factories don't have feedlots of lambs themselves, yet. What it tells is how they have used British lamb to beat down prices in years gone by. They can't get them this year, did you notice that? A bit like the way if they were short 20 cattle for tomorrow's kill, they'd cancel my 10 cattle with the poor mouth of no demand and offer 5c less for next week, and then land on a double of 30 from one of their own feedlots.
charolais0153 wrote: » How many on this forum have got out of finishing cattle ? Do the factory's control bass reeves jjameson or kkman or yourself, simple answer is no , they own a small proportion of the kill and the same people supply the rest . Too much supply .
White Clover wrote: » At this point in time, the factories don't control the supply of lamb. They don't have feedlots and the loss of British lamb is forcing them to pay. Its the market working, ie supply and demand. With beef, the factories have control of supply through their own feedlots and contracted farmers that they have bankrupted previously are feeding for them for a wage. It is market control and manipulation.
Danzy wrote: » The Irish economy and society would be better off if the beef industry here had collapsed. The damage to the wider economy, the criminality and corruption brought into politics here, cost much more than the industry is worth.
Good loser wrote: » Wasn't importing lambs from UK market forces working through. Just as pig farmers send many pigs north every week. Suits both parties - that's how a market works. Your example of a trading transaction is irrelevant. Every load of cattle has a story attached. Remember buying stock for feedlots supports/increases the price of stores. Just think how the calf market works. Same difference to beef market.
Bass Reeves wrote: » For the last twenty years we were fed a tale. The story was that a kill that was equal all year long would lead to higher paying markets and that farmers would benefit from this. As well we were told that consolidation if the industry would also see benefits passed on to farmers. When dairy expansion happened the processor's told everyone that they could handle a kill of 40k cattle/week. We are now left with a beef price that is a 50-70c/kg below production for winter beef
kk.man wrote: » Unfortunately the beef business world wide is corrupt and always have been. As a wise man said to me once name a multi millionaire who made his 1st million straight.
Danzy wrote: » I know a few, there are levels of corruption though. Beef is on a senior tier. Is it such a pronounced negative influence across the world though. Here it has been a repeated threat to the wider economy, law and the rule of law.
Bass Reeves wrote: » But sure we alway have to get back to that and about begrudgery
Jjameson wrote: » The antagonist rises from his slumber. Poor systems allow certain types of characters to flourish. Narcissists, sociopaths and psychopaths. Give them an inch and they take a mile but people have to stand when certain lines are crossed mile has to be taken off them at some point or chaos ensues.. Pat Smith!
manjou wrote: » Wrangler is right in so far as processors margins are their buisness. They are able to raise and lower price because they can. If they wanted to drop price to 0 they could. We are the ones who produce the cattle and should do something about it. If everyone reduced numbers and had alot less cattle on farms by less sucklers and buying less sucks etc. As for difference between value of beef bought and sold there is where the real skulduggery could be going on as is the difference a healthy margin or cheaper beef imports being sold as irish and pushing vslue of beef exports up.
Jb1989 wrote: » Exactly, till people do as you've said, the pointless to and fro on beef prices will continue.
Robson99 wrote: » It won't matter if the numbers are reduced or not. When you have a Cartel controlling the price supply is irrelevant
richie123 wrote: » Thats rubbish ...the sheer demand for lambs is creating an excellent price. It would be the exact same for beef if the same conditions arose.
Jb1989 wrote: » The only reason a cartel is there because of the cattle. No cattle, no cartel.
wrangler wrote: » Agreed, I wouldn't think there's a cartel in the sheep trade now
lalababa wrote: » Like wrangler said.... paraphrasing.... don't load your cattle till the price is right for you....but there are too many busy fools I'm afraid.
1373 wrote: » Do you and wrangler set your own prices ?
DBK1 wrote: » Unfortunately in the beef game it’s not as simple as that. I agree with a lot of what you’re saying and farmers are our own worst enemy’s in a lot of ways. But you can’t just decide not to kill your cattle if they’re fit to kill as the odds are stacked against you then. Maybe with friesian’s or other hard to fatten breeds you will get away with it for a few weeks but the continental and more traditional beef breeds you can’t. They will be deemed either over age, over fat or over weight (or possibly all of the above) and you will get slaughtered altogether on price then.
