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

19192949697222

Comments

  • Registered Users, Registered Users 2 Posts: 2,558 ✭✭✭DBK1


    I killed in 2 factories this week, both telling me they were doing me a great favour by giving me last weeks price of €5.25 and not this weeks price of €5.20.

    They’re both quoting €5.25 for next week now without any favours! It looks like they tried getting it to €5.20 but it didn’t work. One of the factories is only doing a 4 day week this week as they didn’t get the numbers of cattle in with the talk of the price drop. Thankfully the power seems to be on the farmers side for another while.



  • Registered Users, Registered Users 2 Posts: 2,730 ✭✭✭Jb1989


    Plus 10 between 300 and 400 kgs I presume. Do you kill many in Foyle?



  • Moderators, Society & Culture Moderators Posts: 4,342 Mod ✭✭✭✭Siamsa Sessions


    Has anyone ever talked to a factory agent without being told they're being done a favour??? I think it's a form of Tourette's or verbal tic with them. Every second sentence has to have "favour" in it 😀

    Trading as Sullivan’s Farm on YouTube



  • Registered Users, Registered Users 2 Posts: 972 ✭✭✭leoch


    Yea I kill a few



  • Registered Users, Registered Users 2 Posts: 9,800 ✭✭✭893bet


    Is that online anywhere? Don’t see it on LSL



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 9,800 ✭✭✭893bet


    Yeah found it there. Some quality looking cattle.



  • Registered Users, Registered Users 2 Posts: 20,357 ✭✭✭✭Bass Reeves


    Factories are trying to keep stock coming in. When prices rise people expect it to continue and will hold cattle. A 5c/ kg over 3 weeks is 50 euro on the a average finished bullock. W LL worth holding if you are not replacing if you gaining even slight more than feed costs

    Processors want to keep these lads bringing in cattle. They have now managed 3-4 weeks without a price rise. They will try to hold the line until mid/ late April

    Slava Ukrainii



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


    Factories holding prices here but UK have been increasing theirs every week since the start of the year.

    image.png




  • Registered Users, Registered Users 2 Posts: 80 ✭✭somewhat disappointed


    A Neighbouring Farmer has asked me to herd his Cattle for him during the Summer. He lives a distance from the land I am glad that he trusts me. Should I do it as a Pal / Friend or should I ask for something financially for my time I value your opinions/feedback.



  • Posts: 1,743 [Deleted User]


    He should pay you for it. Even if it’s 20 quid a time it’s a lot cheaper than him having to drive and do it himself.



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 1,173 ✭✭✭minerleague


    If you take money it will be harder to stop if you find its taking up too much time, hate herding other peoples cattle as would watch them closer than my own!



  • Registered Users, Registered Users 2 Posts: 4,070 ✭✭✭StevenToast


    Im buying a nice batch of bullocks off a farmer...a neighbour beside me...just open a gate and theyre in my herd.... 5 HEX, 5 AAX and 5 LMX....

    Only one movement, 2 year old cattle....i would guess 550kg average....some are obviously better than others, few Rs in it.....

    He wants 1 flat price for the lot....what would ye suggest?...i want to be fair....im thinking 1500 each?

    "Don't piss down my back and tell me it's raining." - Fletcher



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


    Thats sounds a fair price but without accurate weights its open to one of you getting shafted. Personally I wouldn't be confident enough in my ability to weigh cattle by eye to spend 22.5k, but there are plenty lads who are seriously accurate with the eye. Also mart weight would be 20/30kg less. Say they are 525kg in the mart @ €2.80/kg they'd make €1470, and the seller would need to pay about €30/head out of that for haulage and mart fees.



  • Registered Users, Registered Users 2 Posts: 22,540 ✭✭✭✭2smiggy


    I'm sure it's answered, but where is the best place to get the most up to date factory prices ?



  • Registered Users, Registered Users 2 Posts: 2,730 ✭✭✭Jb1989


    Agriland, that's farming, IFA all have fairly up to date prices, tho there is usually better deals done than the quoted price.

    Tbh when this thread is going good, I feel here is the best place for base quotes direct from the farmers mouth.



  • Registered Users, Registered Users 2 Posts: 4,070 ✭✭✭StevenToast


    Thanks for that input......i have dealt with him before...always do well with him, so i dont mind giving him a good price...very quiet, docile animals, that never need the vet...there maybe a few south of 550kg but also a few north...

    the biggest ballache i had with him was always loading and unloading to haul away and weigh them....

    I have to give up a day hanging around a mart hoping to fill up a load....i think the benefits of this arrangement outweigh a price saving maybe of the mart...

    Post edited by StevenToast on

    "Don't piss down my back and tell me it's raining." - Fletcher



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


    Yeah there are no haulage and mart fees for either party. No health or stress issues for the cattle so they can hit the ground running. Good luck with them.



  • Registered Users, Registered Users 2 Posts: 9,427 ✭✭✭tanko


    It’s hard to know without seeing them but if he’s happy with €1500 i’d say you’re doing ok.



  • Moderators, Society & Culture Moderators Posts: 1,937 Mod ✭✭✭✭Albert Johnson


    As above that sounds a fair price provided there averaging close on 550kg fresh weight. Working back from there to a mart weight of 520kg @ €1500 is €2.89 a kilo. When you take mart seller's commission and haulage into account you're probably talking about the bones of €40 on those sort of stock (€25 commission and €10-€15 haulage) plus €10 buyers commission and haulage home. All combined that's an additional 10c-12c a kilo at least and he'll need north of €3 a kilo or €60 more a piece in the ring to equal €1500 at home.

    Provided you're fairly accurate with the weights then I'd consider €1500 across the board a fair price for both parties. It's a fair touch for a mixed bag but that's the way the world is gone atm and if you were happy with his stock in previous years then it's better the devil you know.



  • Registered Users, Registered Users 2 Posts: 661 ✭✭✭GNWoodd


    If you have 550 kgs on your farm for € 1500 you are doing well .

    558 kgs sold for € 1630 last mart before Christmas . LMX / HEX



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 2,730 ✭✭✭Jb1989


    5.20 and 5. 30 bullock heifer base price in Foyle plus 10 cent between 300 and 400 kgs.

    Similar base in dunbia in slane.



  • Registered Users, Registered Users 2 Posts: 4,118 ✭✭✭kk.man


    Looking in kk mart today...i think there is a bit of heat after being taken out of the market.



  • Moderators, Society & Culture Moderators Posts: 1,937 Mod ✭✭✭✭Albert Johnson


    If there 550kg on farm then they'd be roughly 520kg after a few hours transport/mart. There's almost 40kg of a difference in those weights (558kg would be touching 600kg on farm). When stock are touching €3 a kilo then every kilo adds up. Having them 40kg heavier at €3 a kilo is €120 and that's the difference in €1500 and €1630.

    There's a difference in fresh weights and mart weights and some lad's overlook it. In the US they apply the term "shrinkage" and allow a certain percentage discounted on live weight weigh-ins to account for it. There's a further difference in certain marts due to how long the cattle are standing around before sale. If cattle are booked in prior to sale day and the numbers allocated the real cute lads don't bring them in until shortly before they go through the ring. There's a big difference between them and similar cattle sold in a mart that allocates the numbers as they come in and stock could be standing in a queue for half a day before they even enter the mart.



  • Registered Users, Registered Users 2 Posts: 695 ✭✭✭3 the square


    I've a stock bull to go to the mart whats the story with stock and 30 months age do they lost a lot of money after that ? Is it 30 months exactly?? Thanks lads don't have stock often like him age wise.



  • Moderators, Society & Culture Moderators Posts: 1,937 Mod ✭✭✭✭Albert Johnson


    What age of a bull is he? You can still sell him in the mart regardless provided he's in 12 month test as was always the case in recent year's. The new 6 months testing regulations are only an issue if the purchaser intends to keep him for breeding or other than slaughter in the short-term. If he's a cull bull or not an overly fancy sort of a lad there's a good chance he'll go either direct to slaughter or for a short fattening period and then slaughter. Therefore the new testing rules won't make any difference and won't affect his value either.

    If someone was interested in keeping him for breeding then it would be an advantage to have him 6 months tested as otherwise the next owner will have to do that after purchase. That may or may not be an issue for whoever is interested but I could see it putting a potential buyer off him. However it depends on the day and the majority of bulls I see sold in general mart sales seldom make much more than there beef/store value especially outside of the main service season.



  • Registered Users, Registered Users 2 Posts: 2,124 ✭✭✭mr.stonewall


    Did many get to look at the piece in the journal today. Finally we have some firmed up figures on the effects of feedlots. This time it was done on the amount of cattle slaughtered per herd Essentially now we have 160 "herds" killing over 420k annually or in real terms about 22% of the kill. Last year about 42k farmers killing up to 50 animals annually only supplied 28% of the total kill.

    When you can control at least 20% of the kill you have clout to be able to manipulate the market. Do we need to move towards having weekly reporting of slaughter numbers based on herd size.



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


    I saw that alright. No surprise. Was interesting to see it reported though. It shows that the small finisher is in an even more precarious position than ever. Its a real shame how it has gone, basically rearing cattle for whatever Larry's minions will give us in the mart. Trade is flying now so lads don't mind, but when they've enough cattle they can kill the base price using the feedlot stores, which will in turn kill the mart trade, so they can fill up the feedlots again with cheaper cattle. They've a fair grip of us now.



  • Registered Users, Registered Users 2 Posts: 2,124 ✭✭✭mr.stonewall


    Will get very interesting at the back end as farmers want to kill the last of the grass cattle and feedlots want empty and restock.

    What is good about is to have hard data finally on the changing landscape. After all its our image of cattle in a field that is used to sell beef, not one of 160 in a landcruiser going up the feed passage on the phone, either bidding online or a conference call with the overlords



  • Registered Users, Registered Users 2 Posts: 973 ✭✭✭Stationmaster


    Read the article about the feedlots too. Where are most of them based? I’m in the west so no idea where they are. Would love to see one sometime out of curiosity.



  • Advertisement
  • Moderators, Society & Culture Moderators Posts: 4,342 Mod ✭✭✭✭Siamsa Sessions


    Well written editorial on the control the processors/feedlots have over farmers.

    But very disheartening. You’re at nothing really when someone else dictates what price you get. And often you don’t even know how it happens. At least now, the “system” is out in the open. Thou the processors/feedlots are probably not too upset since farmers might complain less now and just take their beating

    Trading as Sullivan’s Farm on YouTube



Advertisement