Beef price tracker 2

10c /kilo I think.

Hopefully you are wrong

10 for the whites heads & 15 for the blacks.

This beef game is something else....only a month or so ago the prices were going up and up....

Now here we are wondering how low they can drop them...

I cannot imagine relying on this as my sole income.....zero control over price

Where are you getting +€0.10c on the grid for an R3? Having killed cattle over the past few weeks and then looking back over the actual average price paid in that factory for the exact same grades their has been up to €0.20 c/kg between the average price and the price I got. I'm killing off the base price being quoted so their is obviously a lot of cattle going through that are being paid a significant premium over the base price. e.g. O+3+ HE killed on the 7th July . Base €4.95, -0.12c O+, +€0.10 HE bonus, €0.20c/kg QA = €5.13/mt. In the same week the average paid for that exact grade in the same factory was €5.3341/kg. Its great to see the full data on prices paid coming from the Department of Agriculture but perhaps they should be reporting three prices. 1. Current format, 2. Factory feedlots, 3. all other. I'd say the factory feedlot prices being paid is distorting the averages in the current format and its the current format that they are using to compare Irish pricing to EU/UK pricing.

As well the averages prices published by the like of agriland is often just an average of the average paid a cross all factories. It's fails to pick up numbers killed in each plant.

Most of the feedlot cattle are processed by the big three. They also have the biggest plants. It's noticeable that there R price in general.is way ahead of the smaller processor's who may be sourcing cheap cattle out of marts at present

Not massive tax... Corporate tax is 12%.

I killed slightly under finished cattle this week. Procurement manager rings me .u want to give them cattle more time.

I says u want to stop dropping like a stone and I'll take my time.

I thought I was bad till I reached the lairage the amount of under finished stock was unreal. I'd say he was making phone calls all morning. Plus you have a two week wait to get cattle killed. It's all a joke really.

They have created a problem for themselves. Lads are killing underfinished cattle with poor cover. Same as the cows. If they continue to pull lads will continue to rush in under finished cattle.

Killed cattle myself this week. They graded slight better than the last lot and were 5kgs DW heavier. But they made 100 euro per head less.

in fairness we know we are dealing with the lowest of the low.

Did a quick tot of the sums on the cattle. Allowing 450 in costs ( up 100/ head on last year) the average bullock is leaving a gross margin of 950 and a net margin of 500. If I allow another 50/ head for the dearer silage and other costs next winter they are leaving 450/ head. The average will probably drop a bit as the year goes on. I have 28 replacements at about 560-580 euro average.

No cutting for over weight these days. If beef was plentiful they might talk about cutting on certain carcasses over 400kg

€4.90 heifers

€4.80 bullocks

he has 15 to go,now there not going down your direction

Brother sold some AAx bullocks in the mart on Monday, they were all in around 650 kgs and came in to over €1,700, some were fit to kill and some weren't. What stood out was the ones that weren't fit to kill made more per KG than the ones that were fit to kill. This would suggest to me that the feed lots are filling up again to keep control on the price.