Lads ye sound like ye have been getting overpaid for ye’re cattle all along. Almost sounding institutionalised!
One would still be a while putting together the price of a new tractor, Jeep or a bit of land from the profits of the enterprise.
Just to give an idea about the rain we got. Passed this river today.
They didn't. They are losing more winter finishers every year. The dairy farmer that used to finish 40-50 has mainly switch to all dairy.
The suckler farmer finishing his as young bulls is reducing cows. The bigger suckler farmer is gone dairying. The tillage lad now sells his grain off the combine or is selling it dried.
There is less and less lads finishing cattle. As well jJam said there was a lot of 18-20 month cattle hung last back end. One time most winter finishers stock up on beet, grains and silage( maize or grass) but the risk has become too large.
To feed cattle indoors up until Feb this year was costing 3.5-4/ day, at present bits hitting 5/ day.
The factories as well had to complete around the ring for some types of cattle mainly cows and traditional breed cattle. As well heavier cattle were going there as well.
I used to winter finish 20-40 cattle one time. I know jJam used to up until this year
https://www.boards.ie/profile/Jjameson jJam will you go back to winter finishing next year.
Their margins have been cut to shite, They'll have to cut the price well to get even with you.
50 - 60 c cut off lamb price this week and threatening the ewe price as well
Hopefully that won’t materialize, the only thing cattle seem scarce, my neighbor had two agents ringing him last weekend for cattle but he had none as he finished out of the shed
We have got nothing like that,
No the margins have not being cut to shite. Prices have increased I. supermarkets to more than cover extra costs.
What going on at present is once again market manipulation to increase profits and margin. Yes supermarkets want produce cheaper but farmer need to cover costs as well.
I have calculated that on my grass based system costs have increased by about 50c/ KG. I only have the animal for 12 months. Even allowing for reduced calf prices the calf store man needs another 30c/ kg to cover his costs.
Processor's would not have been as active in the marts and keeping the kill so high unless they had entry of outlets willing to pay for beef.
But now they are trying to drop the price to collapse the autumn store price. We have been below the EU average price for the last few months and that is without the UK price included.
Lamb is the same
They didn't let it over heat, the raised them slowly in a period of exceptional demand and supply shortage across Europe and global beef markets.
They arguably ran a tighter ship than normal over the last 6 months.
It's only 7 weeks since the last article I read about Irish beef prices lagging far behind.
It's like they skimmed the cream and protein out of the milk, gave us back watery stuff and called it slim milk and it would help lower our cholesterol. I'm not grateful and they weren't being nice.
Heads they win ,and tails you lose.
They were paying a higher price then uk and eu prices up to 2 weeks ago .Who in their right mind would expect this to continue .I would expect base to settle back 50/60 cent from peak so 480 roughly tops .and what would be wrong with it
They were only paying a higher than EU average for the last 2-3 weeks. The Netherlands young bull price is still above ours. Polish beef is 4.92.
Remember as well the 5.25% vat rebate. A 5/kg base is costing them about 4.75. Irish steer beef is sold at a premium to Continental bull beef at present. In Germany Irish beef is like Kerrygold butter.
Remember ordinary farmers do not benefit in general from the higher prices. It's generally feedlot beef that is paid a premium.......but the photographs are of your and mine steers on grass.
Yes but lads like him are getting contracted prices 30-50c/kg more than you or me......and they wonder why we have exited winter beef.
The new 100 euro sub 24 month beef premium is a subsidy to processor's. I see ABP are back trying to promote their Advantage beef program
There is a link to it at the bottom of the article. But in general it's a load off hoops to jump through. The real catch is a minimum of 20 animals under 26 months ( dairy bred 28 for sucklers) with a 24 month average age. Only one movement allowed and QA all there life
20c/kg bonus so 66 euro on a 330 kg DW animal. Again it only a winter finishing bonus
This week is the first week I'm happy with how cattle are killing off grass. Starting to kill better than they look.
Are you mealing them?
Will probably start feeding a few next week to have fit for September.
Are they weighing heavier than last year?
How many days do you feed them for and how many kgs do you give them?
They are r+/u grade bullocks so they’ll eat 4-5kg a day for up to 8 weeks.
Strange that the Munster processers are paying more than northern ones now, was the opposite for months. https://www.ifa.ie/markets-and-prices/weekly-cattle-prices-29th-june/
met an agent this afternoon, Bullocks 4.10,if you had a large number 4.15 would be got, he thinks they will hold at this and then pickup again in around 7 to weeks he just thinks that the cattle aren’t there, he had a few men that fed out of the shed that would usually graze there cattle , he said cattle are very scarce and he is very quiet at the moment
That is a 90c/kg drop from the quote I got...... I get mixed up myself with the heady 5euro
😂,it’s just so hard to get used to the 5,that’s how mistakes happen
Zero , 99% cull cows here.
Round the same, I buy the same type of animal every year . Last year I actually started killing early because may was wet and I was in trouble for grass.
Anyone hearing big drop in price this week?
Rumor is they are going to try to go below 5/ kg. Whether lads will hold or not is the question.
Cattle are very slow to go over fat on grass. The kill has risen over the last two weeks by nearly 2k which is what's it's ahead of last year by. This is mostly cull cows.
Speaking to the miller rep he says very few lads feeding on grass. Dairy men feeding heavily at 500/ ton but very little beef ration going out to grass fed cattle.
Processor's have emptied there own feedlots and winter finisher sheds of cattle over the last two weeks to try to back up the few grass cattle that are coming on stream.
The chills will have filled a bit over the last two weeks. The question is how long it can continue for. One thing I forgot about this Autumn. The World cup is from the 21th November to the 18th December. That will drive demand during October/early November IMO.
jJam says it's a 2-3 week pull I hope he is right
Talking to 2 agents one on 5 euo for bks the other 4.95. Hard to know how it will go
Were they anxious for your stock? What way do they see it going?
In your opinion is it a two or three week pulll or is this going to Pete on all summer?
Yeah anxious enough they dont know whats going to happen no more than myself
I killed cattle last week that were in the order book for almost two weeks. I checked with other factories and it's all the same.
However I would not panic they are trying to drop the price as supermarkets are kicking up. The price can't fall all that much but for a finisher who bought dear stores it's another story.
I'd say you are looking at a price of 4.50 to 4.70 for the autumn prime cattle.
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