Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Beef price tracker 2

18081838586220

Comments

  • Registered Users, Registered Users 2 Posts: 11,652 ✭✭✭✭Base price


    The problem with China is they are heading into another pandemic with Covid. When we when through it over the past couple of years there was an imbalance on the location of shipping containers. Most were in the West and trade had more or less ceased with China due to the lock downs. It looks like trade with China will be minimal until they get Covid sorted.



  • Registered Users, Registered Users 2 Posts: 20,289 ✭✭✭✭Bass Reeves


    There will be a price rise as EU beef supplies are dropping. However it will have little to do with China. Feeding costs are horrendous so supply will tighten as we enter into March/April. It will be interesting to see kill figures over the next 3-4 weeks. As well wat h the factory return's as the price given for contracted cattle become visible.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,805 ✭✭✭Cavanjack


    Unless China starts buying significant volumes of mince or prime cuts this will have no impact on price.

    The factories will make a few extra euro on the offal alright and that’ll probably be it. I think they were taking ribs as well or some part of the ribs.



  • Registered Users, Registered Users 2 Posts: 1,706 ✭✭✭Anto_Meath


    @Cavanjack that's true they bought feck all of anything good the last time & if I remember correctly cattle couldn't from a feed lot or a heard that was restricted within the previous 12 months..



  • Registered Users, Registered Users 2 Posts: 4,101 ✭✭✭kk.man




  • Advertisement
  • Registered Users, Registered Users 2 Posts: 2,805 ✭✭✭Cavanjack


    Yeah they’d be fussy about what they eat alright 😄



  • Registered Users, Registered Users 2 Posts: 1,548 ✭✭✭weatherbyfoxer


    Bought some dairy x AA and HE heifers averaging 400kg back in the start of December they cost an average of €934. since they arrived they were fed 1kg meal and good quality ad-lib red clover silage..weighed them this morning and they are now an average of 425kg..Original plan was to store them until march and then kill off grass in june,With the current price im tempted to feed them 4kg meal for 90 days and kill them out of the shed,.currently meal is €430/ton..anyone in a simular situation thinking of doing the Same?



  • Registered Users, Registered Users 2 Posts: 4,101 ✭✭✭kk.man


    If you do slaughter them from the shed what would your carcase weight be? I'd say 270kgs so if there's a prime price of 5,40 how would that fair?...I'd always work backwards with winter finishers.

    You bought them right anyhow.



  • Registered Users, Registered Users 2 Posts: 285 ✭✭smallbeef


    I would go with your original plan. Your achieving a great winter growth rate with the feeding you are giving them and they will be fine big carcasses come the end of May and that's usually the top price of the year too.

    I could be wrong, but that's what I'm doing with my AA/HE's and they are over 500kg atm - they on silage only though.



  • Registered Users, Registered Users 2 Posts: 4,867 ✭✭✭White Clover


    Fair going, Seem to be doing well. I presume you have allowed for the mart empty 400kg belly versus the maybe not so empty 425 kg belly? 30 days is a short enough period to get a handle on how cattle do, maybe weigh again in a month and compare to early December and make a decision then.

    in saying that, cattle seem to be thriving very well at present. I was clipping a couple of pens last night and I was pleasantly surprised by how well they are doing. On good silage and 1.5kg beef nut.



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 20,289 ✭✭✭✭Bass Reeves


    I stay with original plan. The AA association is paying a 30c/ kg bonus from mid April to June 9th I think. Go online to there website and see can you book them.in.

    Killing mid March at a base of 5.3 hanging 260 DW you are looking at 1400-1450.

    Kill in June base 5.6 killing 280 kgs give a return of 1650-1700 euro.

    Costs for either option will be fairly similar. IMO prices are only going one way for the next 6 months

    Slava Ukrainii



  • Moderators, Society & Culture Moderators Posts: 4,316 Mod ✭✭✭✭Siamsa Sessions


    Double-check the price of meal too. Seems to have jumped in the last week

    Trading as Sullivan’s Farm on YouTube



  • Registered Users, Registered Users 2 Posts: 1,548 ✭✭✭weatherbyfoxer


    Only thing is the spring grass demand here this spring is pretty high and silage supply's could run tight if I don't get out early due to weather,..can get 30c this minute for angus in dawn meats



  • Registered Users, Registered Users 2 Posts: 11,652 ✭✭✭✭Base price


    Just be careful as the 30c will be eaten up by the fact that they will probably grade O=/- . IMO most dairy cross AAx/HEx heifers come into that range on the grid.



  • Registered Users, Registered Users 2 Posts: 1,548 ✭✭✭weatherbyfoxer


    Angus bonus on anything 0- or better at the moment



  • Registered Users, Registered Users 2 Posts: 679 ✭✭✭Fine Day


    Heavy stock on fire at Roscrea this evening. On martbid there now. €3/kg and above for good Angus heifers from dairy herds.



  • Moderators, Society & Culture Moderators Posts: 4,316 Mod ✭✭✭✭Siamsa Sessions


    I watched a few lots of 200-250kg bucket-reared weanlings being sold in Tipp twin mart today. Most of the AA made €3/kg and the HE weren’t far off it either

    Trading as Sullivan’s Farm on YouTube



  • Registered Users, Registered Users 2 Posts: 4,101 ✭✭✭kk.man


    The store man is going to have to have deep pockets for the next while.



  • Registered Users, Registered Users 2 Posts: 9,420 ✭✭✭tanko


    Stores have bee cheap for months now, do you think farmers magic them out of thin air on the morning they sell them.



  • Registered Users, Registered Users 2 Posts: 20,289 ✭✭✭✭Bass Reeves


    They have and they have not. Costs are horrendous. For smaller finisher's rations are costing 450+/ton. With silage costs. Increased as well. Finishing costs are 4-5/day. For to put 120 kgs LW onto an animal is probably costing 500/ head. Add 500 euro to the price if any animal in a mart and wonder if there is a margin for the buyer

    Slava Ukrainii



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 4,101 ✭✭✭kk.man


    No I don't think the farmer does but that's the game I'm in. Just look at the lamb trade the store buyer is badly hit and thus will pass less onto the producer. Like Bass says does it pay.



  • Registered Users, Registered Users 2 Posts: 15,066 ✭✭✭✭Danzy


    Weanlings are cheap and finished cattle are cheap.


    Costs are off the charts.



  • Posts: 0 [Deleted User]


    Probably a good time for farmers capable of growing their fodder beet and own grain to finish their own cattle



  • Moderators, Society & Culture Moderators Posts: 4,316 Mod ✭✭✭✭Siamsa Sessions


    Scale is the issue in that scenario. And it costs to get set up too. You need concrete yards to store the beet, a chopper, and the cattle pen set up so that you can get in easily with the beet. For the grain, you need a decent sized meal bin (and dryer?).

    I’ve looked into it, and have fed beet to ewes pre-lambing when I had the sheep, but it’s awkward and time-consuming. Having said that, beet is plentiful around me and I wouldn’t rule out “rooting” out a system to feed it to finish cattle in the shed next winter.

    In the meantime, I bought a few bags of beet pulp yesterday and will mix it with the beef nuts and barley for this year’s cattle.

    Trading as Sullivan’s Farm on YouTube



  • Registered Users, Registered Users 2 Posts: 20,289 ✭✭✭✭Bass Reeves


    Beetplup is a fiber source. If feeding it to stock with access to silage it's a waste of time as it's feed value is lower than barley or maize. Stick with the barley only added to the nuts or maize

    Slava Ukrainii



  • Posts: 0 [Deleted User]


    I’d say a lot of lads going in to organic beef will end up having to grow their own grain. Prices of organic ration are sky high.

    Combi crop is supposed to be a good ration to grow in organics and you have the straw etc. The straw is supposed to have decent feed value as well. Maybe non organic lads could grow it but then you have the storage issue etc. I think chopped beet is a good feed but it is labour intensive and you need the chopper / storage area like you say.

    The way things are going the lads left in beef will be either forced in to organics or else in to a non organic cost sensitive model where inputs are reduced.



  • Registered Users, Registered Users 2 Posts: 9,775 ✭✭✭893bet


    Average suckler farmer is small (16 cows I think I read recently).

    Does the average suckler farmer finish his calves? I suspect not (but open to correction that they don’t).

    Most suckler farmers won’t have the scale (or the land given they are mostly concentrated towards the west) to start growing and harvesting crops.



  • Posts: 0 [Deleted User]


    Even lads at that scale will need to do everything they can to keep costs down. Clovers, multi species swards etc. Most lads in sucklers are coming up in retirement anyway.

    I’d say more and more dairy lads will have to finish their own beef as there will be fewer and fewer buyers of stock. This will drive efficiency.



  • Registered Users, Registered Users 2 Posts: 382 ✭✭manjou


    I think going forward winter beef finishing will be all big feed lots because of scale needed to offset low margins. The other reason is there could be a lot of people thinking like me that to max out all subs only need .1 lu/ha that's 4 cows on 100 acres . This will give more flexibility to reduce or increase numbers of cattle depending on costs as l9ng as you stay above the .1 lu . Not saying going to drop down to that level of stocking rate but the option is there and not need to use subs to keep cattle. Ad for prices going forward good herdsman are increasing prices every week to max 6e/kg in May for organic cattle all in so work out c9nventional price of that



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 20,289 ✭✭✭✭Bass Reeves


    No point in reinventing the wheel. While beet is a good feed it's advantage is you can feed a certain quantity to increase intake above normal DM intake in cattle. However it's usually prices above Barley or maize per unit of energy. You have to buy it in truck loads so not applicable to average farmer.

    Advice on winter finishing stay away from it as much as possible. Take it this year at present locally the premium at present over early October finished stock is at most 35c/ kg this week that is a out 100-150 euro on 325-350 kg carcass'es. It's not worth it.

    June cattle will be 30-40c/ kg above NY prices most years. If you have a winter less than 130 days WTF would you WF. Ya you will always have a few every autumn that will be borderline as to whether to finish or not. However it's probably makes more sense let them go over age and kill next June.

    Ya clover swards and MSS will have a place but early grass probably require a certain amount of N. MSS need a lot of P&K and saving are not as much as many think. They are unsuitable for silage making because the sward will not last. Red Clover is not the Mecca many think it is. There is an issue with replacing it continually it takes over swards as well and as RC content rises preservation issues arise.

    Unless processors give forward prices/ contracts for WF cattle I will keep away as much as possible

    Slava Ukrainii



Advertisement