Bass Reeves wrote: » BSThe processors use Irish beef to force down the price of beef in the UK. That is what happened two years ago. The processors were hosting that they would get it down to 3/kg. The hullabaloo has actually changed grading which has improved a bit. 3 years ago it was impossible to get a Friesian onto an O- not to mind an O=. Everything was being driven down to aP grade as processor's were packaging all the beef for the supermarkets so it was immaterial to them what an animal graded.
Jjameson wrote: » Precedence over the last 40 years would indicate that there is absolutely no conspiracy theory outlandish enough regarding the antics of Irish beef processing. To dismiss a point of fact from a very good poster with such belligerent blindness is the real definition of “mindless”. The 20cent + breed bonus for o- grade is fully verifiable since the aftermath of the protest. The effect of this outlined by Bass combined with live cattle going north and eastward across the watery divide has actually brought some competition between a cartel of processors (with identical quotes week on week still) is what’s keeping uk prices buoyant. Because rules of basic economics are that it’s the cheapest beef that sets the bar for farmgate price not the most expensive.
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''
Jjameson wrote: » The balance of supply yes. Demand remains largely consistent. As does consumer price. So when you have processors and retailers profiteering when supply increases very marginally and no benefit for consumers who in turn pay farmers through their taxation even the corr brother would be hard preesed to make the truth any more “out there”!!!
Good loser wrote: » It's basic economics that where supply and demand curves intersect the price is struck. If demand is steady and supply falls prices rise and vice versa. Surely you can see the simple fact that prices have risen by 50c per kilo in the last six months is down to scarcity. Both the Irish price locally and the world price. And the UK price. Nothing more complex than supply and demand. (Currency is a factor in both.)
Jjameson wrote: » There’s no doubt farm gate supply is what gives the cartel control of farm gate price. A small increase of supply with no live exports and the whims of a cartel are where our”market” starts and stops. And no tangible link whatsoever to consumer demand, currency fluctuations farm gate beef price any where else. High volume low margin is a claim you and and few others special individuals have have repeatedly posted here. A 360kg O= Angus steer is coming into in well in excess 1€ a kg more than two years ago. €360. Sterling is 3p to euro stronger. And the rest came out of a rabbits hat. The consumer didn’t see the benefit 2 years ago of 75% price beef. And paid out 300 million in special beef aid schemes since. 2 for farmers and 1 for processors.
richie123 wrote: » Your saying the factory pocketed the difference?
Bass Reeves wrote: » Between the Factories and the retailer's. Smaller retailer's and butchers paid the same wholesale for beef. It was interesting that Pat McDonnagh of Supermac's highlighted that at the time he was paying exactly the same for his beef products than before the cattle price fall. While larger retailers may have benefited from the beef price fall, smaller retailer's, butchers, restaurants and fast food outlets did not.
wrangler wrote: » How do you know that processors are making money now, they could be losing money now, it's all speculation
Jjameson wrote: » Reputedly bears **** in the woods too Richie!
richie123 wrote: » What are you trying to say ?
Grueller wrote: » Now wrangler, you always said that business was business and those boys would shut down if losing money.
Bass Reeves wrote: » If you are losing money you reduce throughput. Two factory's near me have gone from 3-4 days. The other option is to aim for lower priced market and increase through put ( cows and Friesian bullocks). They have access to CMS, they know how many cattle are there. They know the percentage's what AA, HE, and continental cattle are there, as well as p grade compared to R grade. The action is with AA cattle not with R+ grade charly or U grade LM cattle. When you have the information you can use it. They are still making money
richie123 wrote: » Agreed and they're very good at it too.
wrangler wrote: » Do you think they change the price according to cattle price, we see here that pat Mc Donagh is paying the same all year. Do you not thinkl that lamb processors stay trading in expensive spring lamb just to make a killing in the autumn. i'd say they make very little money in the spring but have to stay in to take advantage of farmers in the autumn when there's no where else to go with lamb Processors have to hold shelf space whether they make money or not, Contracts are negotiated months before. They can't just dip and out of beef processing, they have to have continuity. Just because they lose money for a couple months it doesn't mean they won't have a very good annual profit
Bass Reeves wrote: » No Pat McDonagh said he saw no discount when prices fell in 2019. Now either he was very bad at bargaining, a man that took on McDonald's and won or there was an increase in margin somewhere. Natural competition should prevail. It prevails in every mart accross the country but it fails bin beef.
richie123 wrote: » He could be telling lies too how would anyone know bar his accounts team. What's the bottom line here ? Are anyone of us going out setting up a factory to take advantage of these savage returns factories are making ? Theres no point talking bout this fullstop We'd all do the exact same if we were in the same position.
Bass Reeves wrote: » Nobody came out to call him s liar. Processor's have there own lobby group set up. They all have voices to disprove a point. I am sick about this set up a factory BS. Nobody will deal with you unless you give them 60-90 days credit. Beef takes 21 days minimum to age( ask SuperValu they try to pawn off 14 day aged beef on us). We are all here to make a margin. You more than most know the BS. As you posted you could not live in the kitchen. I no Saint. But I know this game cannot stay the same. Ordinary producers cannot continue to receive 10-40c/ kg less than other mortals. I was quoted and had to take it 4.15 on the grid for 4 bullocks last week. I had to rush them out as they were all going over one age threshold or another
Bass Reeves wrote: » I send a 30-36 months old AA bullock in last week to an ABP factory. What was he retailed at. Will he go as generic beef to Dunnes, ASDA etc. Or will he be retailed as AA's steak's and mince in LIDL( who have an U36 month limit). I got no fooking bonus
Bigbird1 wrote: » Took 4.20 the week before last couldn't get another cent, the same evening Agriland stated that 4.30 was easily got.
Jjameson wrote: » Lidl and Aldi told a group of us (and later kpmg) that they pay the same up to 36 months and there’s no difference in how it comes to them. All the others either stonewalled or gave very vague nonsensical answer spouting consumer demand as being the reason but provided no evidence of this or whether they even differentiate on the shelf at all.
cute geoge wrote: » The smalll butchers are just as big as crooks as Larry !!
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