Water John wrote: » Cripes, there were a few here a year or two ago telling us the consumer would never pay that sort of money for beef, ever again.
Dunedin wrote: » Has beef gone up much in the shops?
Jjameson wrote: » The claim was that it’s a high volume low margin business. That they couldn’t give more. There’s 3 to 500 per animal after appearing to farmers from somewhere in this business. So who was benefiting in 19?
wrangler wrote: » I wouldn't be celebrating yet, look at the lamb price being reeled in, price down a euro/kg in a fortnight. As less farmers are finshing cattle in the frirst six months will surely mean higher supply in the autumn. It'll be interesting to see will it exceed the demand that's out there. There seems to bemore cattle in the system too
Bass Reeves wrote: » Cattle kill is expected to be back 120k this year compared to last year. We are about 60k below the figure at present. Projections are there is another 60k of a shortfall to be eaten into. Higher supply will not really materialize until November/December untill 2020 cattle start to really come into the system. That is not to say that the processors will not try to pull a stunt like a few years ago and as they did in February and collude to drop the price. However they are being asked hard questions about February. The EU competition authority get to the insurance industry when the Irish CA failed. It is quite possible they may get involved beef price fixing as well
wrangler wrote: » I thought actually it was one of your posts that said there was more cattle in the system.
Bass Reeves wrote: » I do not think so. 2019 cattle were always going to be the lowest numbers we had in a few years. 2020 cattle will be up compared to 2019 by about 180-200k. 2021 bien cattle retained in the country due to be slaughtered in 2023 are up again. People paying stupid prices for 2020 born cattle cod be in for a shock next year
jaymla627 wrote: » Look up the situation occuring in America re lake meade, large swathes of califronia agricultural land will be left idle next year as water rights are in all likelihood been pulled, i reckon food prices are in for a period of serious inflation
Cavanjack wrote: » I suppose anyone buying stores now are just after killing cattle and getting good prices. Some say Your profit is the difference between what you sell and what you buy back in for, not what you buy for and what you sell for.
Good loser wrote: » Supply is down demand is up. Consequences.
Jjameson wrote: » Abp half been taking half page ads since February reminding us of how they “pay on the day” as opposed the independent plants and Marts. The live mart trade is driving the demand here anyway. Northern/uk online buyer in Carnew every Saturday taking 200 odd cattle from the system combine with independent plants doing flat price deals including “out of spec” cattle seem to have increased throughout substantially.. Is there something Brexit related that’s helping both these causes to be thorn in the cartels side?
mr.stonewall wrote: » Brexit and covid has interrupted the rules of the game that processors have been playing. Throw in the fact of less cattle and the amount of finished cattle going through the marts, they are flustered and can't plan their usual tricks.
jaymla627 wrote: » The price of meal has them in bother too, not even the part-time hobby lads who have off-farm incomes can justify mealing cattle, the winter finishers will surely not fill sheds this year unless they are offered contract prices to cover meal costs
Danzy wrote: » Enough will fill them again. With a lot of those lads it is habit and quite a few probably have deals with the factory.
Good loser wrote: » Over the past year or so cattle prices in UK strengthened and strengthened so that the gap to Irish prices neared €1 per kg. This gap was so large and noticeable UK buyers took action - so that demand in Ireland improved and is still doing so; resulting in higher prices here. Only so much meat can be leached into the UK market before the farmers there kick up a stink about imports ruining their trade. Brexit has given a fillip to nationalist sentiment in England - possibly boosting demand for local produce viz imports.
Robson99 wrote: » I wouldn't be so sure. Good contenintal Store cattle were purchased circa €2.30 a kg last back end. 40 cent a kg better in the factories now compared to winter months. Can see more lads buying them and finishing off grass during the summer months. Winter finishing is a mugs game. And factories have been laughing at us for the past few years at it
Bass Reeves wrote: » Not only winter finishing. From now on I intend to try to have all cattle slaughtered by end of September. Impossible to get cattle , Friesians especially to finish off autumn grass. You wod have them on 5-6kgs and they still would not be fleshing out. Put them in on silage and ration is not the answer either. It's will be costing 3 day to feed cattle inside in a shed, outside on grass and ration for the Autumn it will be costing 2/day neither is sustainable so I be aiming to hand everything by end of September. It one thing getting wet and dragging ration to trough's through mud. Losing money at it as well is stupidity. As my mother use to say ''fool me once shame on you...fool me twice shame on me''
trg wrote: » What sort of stock would you finish by then?
