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

19293959798222

Comments

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


    I would say the more and more data, that can be bought out into the open on slaughtering according to herd size, it will given evidence as to the state of our industry. Having data in to open keeps everyone on their toes. Fiddling the figures eventually will catch you out, and its always something small that does it, its the key to Pandora's box. The new food regulator and the CCPC can handle this but we need sustained evidence of this.

    With a reduced number of feedlots and larger numbers of cattle going through these big yards, there is an increased pressure on credit in the marts. Bigger limits and one card falls, this could see a number of marts in big trouble. Essentially, if mart credit is funding some of these operations, its dangerous territory

    Remember that we have got 3 main processors controlling over 80% of the kill. What is happening is nearly a step by step play of what way the US beef industry has gone. Stores and weanlings move from the Rocky's towards the big feedlots of the central plains. A similarity is store and weanlings moving from the western seaboard to the east. 4 main meat packers control over 80% of the US kill. Just a quick read of what Biden is trying to do for farmers in the US, I know its from the UK Guardian but its extremely well written.

    https://www.theguardian.com/environment/2021/aug/25/meat-wars-why-biden-wants-to-break-up-the-powerful-us-beef-industry

    Weekly data of cattle slaughtering's according to a rolling 12 month average of herd slaughtering is vital to be reported, secondly added to this would be animals slaughtered within 7 days of movement from a herd.

    Remember if we don't ask we don't get and the noisy wheel will always be first to get the oil. We just have to keep harping on looking for it.



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


    The less spent producing a product, the more needs to be spent marketing it.

    As the processor/feedlot model drives down the price of producing Irish beef (at retail level, not farm level), then the more will be spent on the green imagery. We can expect the Bord Bia levy to increase in the years ahead.

    Trading as Sullivan’s Farm on YouTube



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


    Mart credit is definitively a source for the big players. I know of a finisher who had almost 350k of credit from a midland mart a few years back.

    A different fella tried to dictate his own credit terms to an eastern mart only to be informed by the mart that if prompt payment wasn't forthcoming his was going for judgement on his SFP.



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


    At then end of the day the funder of mart credit is the seller and not the buyer,



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


    Big prices no question.

    But marts throwing out big prices on Facebook and Twitter is starting to wear thin with me. They’re as bad as the Journal now only showing the good prices and implying no one got a bad price.

    And none of the “trade on fire” headlines ever mention the costs involved to get the animal to those weights.

    Feel free to ignore this rant. I weighed store cattle today and they’ve barely paid for themselves over winter. I’m swallowing hard and making myself believe it’s just another lesson learned 😀

    Trading as Sullivan’s Farm on YouTube



  • Advertisement
  • Posts: 1,743 [Deleted User]


    The costs are key. If you can keep a handle on costs and produce decent quality animals then you have a chance.

    The goal should be low input stock that you can keep outside 9 or 10 months of the year.

    A 33 month old limo at that weight, very disappointing. A limo over 30 months would want a dw in the mid 400s.



  • Posts: 1,154 ✭✭✭ [Deleted User]


    Screenshot_20230303_200727_LSL Auctions.jpg

    Big polly cow in mautys today. She was 4 foot wide to be fair.



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


    I wonder how much he paid for her six months ago?

    There was a 930kg cow made €3060 in Ballyjamesduff this week, don’t know what age or breed.



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


    It's all about keeping costs down. These are 12 stores I left off nearly three weeks ago now. Three that are hitting 36 months from march to May. Two black I think NZ cross Friesian's that are November born I will let them go over 30 months and hang in June. Seven younger bullocks three of which could go to O+ over 350 DW.

    They were in about 110 days and cost less than 150 euro in feed costs. If I can keep them.out and moving onto good grass they will leave a few bob.

    I left 12 more off on Wednesday. I Have no photos of them. They were on a restricted diet for two weeks before turnout as the other lads were a bit hot going out.


    Slava Ukrainii



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


    She was 945 kgs mart weight. She was a pedigree as was her dam and sire. She was a real AA not the runts a lot of lads ate breeding nowadays.

    She have been over a ton coming off the farm. She would probably kill up near 550 kgs DW. Even at that she be costing the factory 5.75/ kg. She may be hung in the North as a heifer as she was so tight

    Slava Ukrainii



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


    I know it’s all about keeping costs down. But…

    You can’t reduce them indefinitely either. I don’t think I’ve massive costs here (€900-ish to buy, rear, finish in 2022 - variable and fixed) but the HE, AA, and LM heifers I’ve been buying just don’t seem to be the type of animals that get up the weights. I could try more meal for their 2nd winter and finishing period but would I be only chasing my tail at that stage?

    Trading as Sullivan’s Farm on YouTube



  • Registered Users, Registered Users 2 Posts: 3,359 ✭✭✭cute geoge


    In fairness you have a good eye for buying quality and being able to buy at value,it is easy see how you make profit



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


    Beauts there Bass.

    I love the white in the Friesian in pic 2. Great cattle if you can get them.



  • Posts: 1,743 [Deleted User]


    That’s not bad. You’d do ok finishing at current prices.

    It hard to feed meal over the winter. If you are finishing your heifers at around two years it might be better feeding meal in the last 7 to 9 weeks when the weather is better



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


    You'd buy nice 400kg fr in Kilkenny on Thursday around the 900e mark...no hardship. No contractor and kill back end.



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


    The biggest problem is trying to get animals to preform. Meal is never the answer and it's a horrendous cost.

    The problem with traditional breed heifers is unless you get the genetically best you will struggle to get weight on them. What I see with AA and HE is there is a lot of them incapable of doing much with half a kg a day no matter what you feed them.

    Lok at that AA cow have you ever seen an AA or HE suckler like that, I have seen very few. Most lads breeding traditional breed cattle are using low genetic potential bills.

    I buy 90% online. They are the best bullocks I have and the next bunch after that as well. The next 15 are decent enough and then I am.intp the mixim gatherim if what is left. A good long grass producing summer will turn them I to cattle. There will be 5-6 that will go into next year. I will not be trying to finish out of the shed next winter

    It's about keeping costs low and feeding for 6-10 weeks and hope I will get 90% out like that.

    Slava Ukrainii



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


    I didn’t want to blame the genetics of HE and AA cattle out of dairy cows coz that’d be too easy.

    No doubt I got stuff wrong but there’s no question poor genetics are a big part of the problem too.

    Trading as Sullivan’s Farm on YouTube



  • Posts: 1,743 [Deleted User]


    So a freisian bullock that comes in at 350 kgs at 30 months is better than a dairy cross heifer that comes in at 300 kg at 24 months. Interesting.



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


    The black with the white socks on his back legs 🤣🤣🤣 I be trying to avoid them.

    Ya the lad behind him 🤣 is a flaker. At 330kgd DW he will grade O=, at 350ishDW he be an O+. If you could keep him to 400DW he be an 'R' I think.

    60% of buying Friesian's is buying the right colours as much as possible. But usually you are buying a mixed bag. Bought him with 5 more @300kg last June for 500 euro. I. The last picture there is two more Friesians from that bunch

    Slava Ukrainii



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


    The Friesian bullock was bought for 500 euro last June he was bad weight for age and ya he wil leave a margin. There is a lot of traditional breed heifers will not kill 300 kgs at 30 months and very few will kill 300 kgs at 24 months

    We can only deal with stock from the dairy herd the way we get them. I am dealing with what I buy. There is no meal fed until 6-10 weeks pre slaughter

    You are obessesed with the age of cattle I just buy for a margin

    Slava Ukrainii



  • Advertisement
  • Posts: 1,743 [Deleted User]


    June is a good time to buy freisians. You are getting serious value at 500 for an animal pushing 18 months so fair play.

    You can get dairy cross away at that weight at that age. Nothing wrong with them.



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


    The white around the belly/lion is just the business, always was. In my youth KK mart was full of them. Then continental cattle came and margins became very tight. Now we have proper grass rats AA and He butty yokes with premiums going every day they hit the store ring. A good Fr is underestimated.



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


    I made mistakes starting as well. It took me a while to finesse the system and I am always finessing the system slightly. But traditional breed heifers are tougher than many think. I know a lad that dose them he is a flaking stockman, paddocks, moves them regularly in to nice grass covers. He buys light 18 month stores and the weight will vary by 40-50 kgs in heifers that are the same age and breed when he hangs them, there is seldom more than 10-20 kgs between them when bought

    Slava Ukrainii



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


    A dairy cross heifer that kills into 300kg at 24 month's won't be anything to be ashamed of and should be well able to leave a twist. Its the majority of them that only manage circa 250kg carcass weight at the same age and treatment that drag the job down.

    With average type cattle it's all about cost effective weight gain imo and the more kilos you can put across the scale without incurring horrendous costs the better you're chance of a margin. Traditional breed heifers are minefield as regards performance due to the diversity of genetics and they aren't capable of carrying enough weight in the majority of cases to yield a decent return.



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


    I watched a bit of Ennis today and there was a 955kg HEX early 20 born(suckler bred red white head) @ €2790. He looked a tight firm fleshy sort of a bullock on the camera. Would the cow die better than him or did someone get right value? He wasn't out of QA herd if my memory serves me right, I was expecting him to cross the €3k given his weight.



  • Posts: 1,743 [Deleted User]


    They are a better option than freisian bullocks in my opinion. You are right about it being a minefield though



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


    I don't have anything to do with Friesians but the men that are at them tend to stay at them so there's something out of it. The problem with Friesians is you're in for the long haul and need good ground to keep them piling on low cost weight gain. If you get stuck for cash it's not easy get them sold live for there true value and the feed costs to finish them intensively relative to the carcass gain can get out of hand very quickly.



  • Posts: 1,743 [Deleted User]


    If I was to buy freisians I’d do what I was told one time and that was leave them there and pretty much spend nothing on them. They need time. There can be a few quid in them but you won’t get it chasing it.



  • Registered Users, Registered Users 2 Posts: 1,552 ✭✭✭weatherbyfoxer


    Bought 10 fr bullocks in the mart back in early December average 455kg for €870.Wasnt happy with the look of them thrive wise after a month so weighed them and found they dropped 25kg each on average.So we dosed them with an albenzole fluke/worm drenched and put them on ad-lib red clover silage.Will weight them next week before turnout but to the eye they have definitely turned inside out since the last weighing

    Alot to be said for a batch of fr bullocks to kill off grass in june.A batch of 10 can turn into a useful €15k in june most years.But of all the dairy beef systems killing AA and HE heifers and bullocks off grass before their second winter is hard bet.It also allows space to do the 26-28 month fr bullocks too



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 1,147 ✭✭✭nhg


    When we were starting off trying to build stock numbers we bought FRX bull calves as they were much cheaper to buy than SIX, LMX, HEX or AAX but it cost more in feed to get them to the finished line….

    Same costs in vaccines/doses etc but they’ll eat a lot more silage/grass/nuts etc & they need more time to get to the finished line plus harder shift when any type of a crisis arises.

    When you take the difference between the actual cost & selling price only they leave more on paper but it’s the on-farm day to day costs where they cost more to get from start to finish



Advertisement