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Beef price tracker 2

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Comments

  • Posts: 0 [Deleted User]


    I can’t see a scenario where more dairy lads won’t end up finishing their own.

    Costs are on the up and the amount of labour in bucket rearing calves etc it won’t be long before there isn’t a market for those freshly born calves each spring.



  • Registered Users, Registered Users 2 Posts: 9,770 ✭✭✭893bet


    With the changing of the “banding” for N for dairy surely it’s less and less likely dairy lads will finish them?



  • Posts: 0 [Deleted User]


    If no one will take them then they will have to



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


    Alot depends on the stock too,like storing 500kg aa/he steers or heifers from November till spring can be pointless,especially if you are stocked at an sort of level and going on recent springs an early march turn out is near impossible in alot of cases,

    take an store animal eating a bale of silage per month from November till mid possible late April at current silage costing around 30 per bale,..in that scenario a 3 month winter finishing period would surly make sense?,..Another thing is if you end up a month later on turn out you end up a month later on finish so instead of June finish date your heading towards a July date with a falling beef price and drought setting in on some farms



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


    I’d sell AA or HE cattle in Nov if they were 500kg. But I don’t know if many bucket-reared animals would be 500kg at that stage, would they?

    Trading as Sullivan’s Farm on YouTube



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


    We kill all our bucket reared heifers and steers from september-November at 18-20 months at 250-320kg carcass no problem once your on your game,usually buy 400-500kg stores to shed in November and fatten the heavier ones and store the lighter ones...probly better systems but I like the fact of having cash flow from factory cheques in febuary-march,june-july and september-november



  • Registered Users, Registered Users 2 Posts: 2,375 ✭✭✭jfh


    We used to feed fodder beet a long time ago when at dairy, I'm running short of silage, is fodder beet an option? Can't really remember feeding it as I was young. I'd prefer to keep stores until March before selling rather than mid January.

    We used to store it on concrete, covered with plastic, it was chopped already, remember a lot of rats!



  • Registered Users, Registered Users 2 Posts: 678 ✭✭✭Fine Day


    How long did the beet stay good for once chopped.



  • Registered Users, Registered Users 2 Posts: 678 ✭✭✭Fine Day


    Anyone any quotes for the coming week.



  • Registered Users, Registered Users 2 Posts: 2,375 ✭✭✭jfh


    This is 30years ago so things have moved on, i think we got 10 days out of it, I remember we used to dump it on silage slab and cover it with straw and plastic, now that I recall it was pure slavery



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  • Registered Users, Registered Users 2 Posts: 678 ✭✭✭Fine Day


    I suppose if you had a reasonable setup it wouldn't be so bad. I don't have a diet wagon but can the diet wagons chop up whole beet. Would be Handy if they did.



  • Registered Users, Registered Users 2 Posts: 7,100 ✭✭✭jaymla627


    Tub feeder will chop it, but you'll wreck the feeder if doing any amount got that t shirt here



  • Registered Users, Registered Users 2 Posts: 6,225 ✭✭✭charolais0153


    Majority of bullocks should be that Half of heifers should be touching it too I reckon



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


    BIL got 5.30 all in for a load of heifers this week.



  • Registered Users, Registered Users 2 Posts: 678 ✭✭✭Fine Day


    What breed are they?? Have some not far off it. Be mainly Hereford and Angus heifers. Should have some fit later in the month hopefully. Hope they be over the €5.30 come then.😏



  • Registered Users, Registered Users 2 Posts: 678 ✭✭✭Fine Day


    A lesson learned so. We all have learned the expensive way.



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


    I honestly have no idea of the breed. I was only talking to him for a brief second at a gathering and got distracted. I meant to ask him the same question. He does have Hereford from time to time so I'd say a few of them are in the mix. I'm not a heifer man.



  • Registered Users, Registered Users 2 Posts: 2,368 ✭✭✭older by the day


    I fed it long go too, make sure you have good head feed space if you have cows. They would kill each other getting at it. I used to pike it in to the chopper to keep it clean and stone free. I think there are other options to help your shortage of silage. At mart prices at the moment, I'd start there. Some thing like 2kg of maize meal with silage/straw.



  • Registered Users, Registered Users 2 Posts: 951 ✭✭✭trabpc


    Screenshot_20230106_184116_com.ifj.android.martbidder.jpg

    Cheap..... Not. That was typical for Roscrea last Friday!



  • Registered Users, Registered Users 2 Posts: 20,285 ✭✭✭✭Bass Reeves


    I find that the risk of just turning money for the sake of it can happen with winter finishing. Now you are rearing and it is applicable to consider slaughtering fit 1020 month cattle off grass.

    However lads overestimate the cost of overwintering cattle. I have ever been only had a large amount of cattle I side by April. Normally average turnout is 20th March. I target grazing out silage ground first. Now stores limit my ability to WF. However I used to do it before when I bought calves and weanlings. However over time I found a few issues with it, it was putting me in derogation territory, you were often trying to replace cattle at an expensive to e to buy them springtime and the cost of WF was getting too expensive for the return involved.

    This year costs have jumped to about 1.2/day on silage only. But 6kgs of ration is costing 2.5+/day.

    Even running into July/August is usually not an issue the difference in carcass weight between an animal in mid August compared to Mid June is significant.

    I never worry about cash flow it profitability. No point in cashflow for the sake of it

    Slava Ukrainii



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  • Registered Users, Registered Users 2 Posts: 678 ✭✭✭Fine Day


    I happened to be watching that on Friday evening. I assume they were fit for the hook.



  • Registered Users, Registered Users 2 Posts: 20,285 ✭✭✭✭Bass Reeves


    If you are using baled silage it's fairly easy to calculate. I have 58 stores using 12.5 bales a week. I have silage coated at 37/ bale. I am using a bag of minerals every 6-7 days costing 18/ bag that is leaving me 1-2c/ day below 1.2/ day.

    When you add in ration it starts getting expensive. Using straights add a lot to the workload. If you are feeding a lot of cattle things like direct feeders have to be factored in. But a straigh silage system is easy enough to calculate if you are using bales

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,556 ✭✭✭DBK1


    You don’t bother with sheds, slurry, esb, a tractor and loader with a few implements, diesel and maintenance for said tractor, dosing cattle, insurance etc. etc?



  • Registered Users, Registered Users 2 Posts: 678 ✭✭✭Fine Day


    I am on a similar boat Bass. 55 heifers (dairy white heads, Angus and limousines) getting approx 4kgs of beef finisher each per day. All in all they are getting about 9 bale's of may cut silage a week. Meal is costing me currently €430/ton blown in. Hope to be getting some off later in the month or early February. At €37/bale 9 bale's is costing me €333 per week or 86cent per day per animal. Meal is costing me €1.72 on top of it so over all feed cost is @€2.58 per head per day. My first year at this, am I mad??? I am on week 5 on the meal.



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


    Bass will have his own take on it but IMO with the way cattle is rising every week despite higher costs i think there will be a margin for the WF.



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


    Those heifers are heading for €6 a kg. You should do alright out of them if they were bought anyway right. Have someone keep an eye on them if you are not experienced as they can go over fat easy.



  • Registered Users, Registered Users 2 Posts: 20,285 ✭✭✭✭Bass Reeves


    I am not selling or buying it. That is what it cost me to make it and ya they are good bales probably a tad too dry for finishing but stores are flying on them.

    We were discussing the cost of overwintering compared to finishing. If anything fixed coats are higher on a finishing system.

    Fixed costs are very low in the scale of things. My shed is completely deprecated. It would hold 100+ stores. But I usually have 60 ISH in it. Most shed build to grant specifications will have a 50 year lifespan. 12-13/ head before depreciation 7-8 after deprecation per year.

    On a system like mine tractor work is very low cost. If the tractor is on for longer than 10 minutes any day during the winter it's the exception during the week. Was in and out of the yard n twenty five-thirty minutes today.

    Again dosing etc will be applicable whether you are finishing or storing over the winter.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 951 ✭✭✭trabpc


    I'm with you. Finishing 52 wh and AAX heifers at moment. Got 12 off early Dec at flat rate of €5. Like you looking at costs... ADG live weight is c.1kg so 0.5 kg dead wt per day. At 5.20 is only €2.60 a day... Like you was feeding 9 bales week to them.but since ive increased barley i noticed the bale usage dropped. At 3kg head day at moment and agent wants me to double it.. (works out at €1.14 per head per day @ Barley €380/T) silage i value at €35 so another €1.12 a day. So costing €2.30 day to keep as is..... no diesel, time ,esb etc included.

    Don't think it will pay . even at €5.30/kg. Got caught with WH before going over fat.

    They averaging 530kg now so hope to kill remaining 40 in early Feb.

    Only advice I can give with AAX and W/H is get a flat price. And forget the grid, as good few will grade O-, O= so will incur -24 on the grid. Even with Angus bonus and Bord bia they struggle to make it up to base

    Rarely get any off before winter but got 6 this year in Sep,but were feb born. Unless dairy breeds are Jan or early Feb born not a chance they be finished before 2nd winter

    Least organic payments helps. Without that I wouldn't bother.



  • Registered Users, Registered Users 2 Posts: 20,285 ✭✭✭✭Bass Reeves


    They ate a long way from it locally for a small producer. Neighbour got quoted 5/kg for bullocks last Friday off two local factories. I say heifers are 10c/kg ahead of that. An AA is 15c/kg bonus before Christmas if you only had one or two in a load.

    At them prices an O+AA heifer would be 5.33/kg. They will haul feedlot cattle from 70-80 miles away before they pay more locally. Transport any distance is 20/head now if you go to 70-80 miles it's 28/head and they are loaded at 6pm. On a 265kg heifer that is 10.5c/kg. Take away 1% bodyweight for that at least that is another 5c/kg.

    That means you need 20c/kg extra to travel for to have 12-13 euro/beast extra out of it.

    Cattle coming fit now are being fed 12+ weeks heifers maybe a tad less. You are still.only breaking even over feed costs. Any profit is banked from the grass last summer.

    It will take March or maybe later to break 5.5/kg base. You are talking about 120-150/head margin on heifers at that stage if they are not gone over fat.

    Traditional breed heifers of all cattle they will go fat on the smell of grass during April and May. 2-3kgs if barley/maize/hull for 4-5weeks from early May. Price will probably be 50c/kg better than now and 20c/kg better than March.

    The way I look at it now for the smaller drystock farmer it's a matter of gauging your stock to your farm size. What you sell off grass leaves the most margin with the least work

    Slava Ukrainii



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  • Registered Users, Registered Users 2 Posts: 678 ✭✭✭Fine Day


    We all have different views. My thinking is cattle prices will peak before May. Alot of cattle will start coming fit off the Grass from May on and that may let the factories do what they always do when they have a good supply. That inturn will put a good demand on buying back in young replacement stock.



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