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Beef price tracker 2

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Comments

  • Registered Users, Registered Users 2 Posts: 682 ✭✭✭Fine Day


    2022 was an unreal year for strong prices. But unfortunately it looks likely it will be short lived. Grain, milk, beef all taking a hammering now.



  • Registered Users, Registered Users 2 Posts: 2,119 ✭✭✭mr.stonewall


    5.20 for bullocks with the overlord at the start of the week. They were booked in over 10days before being killed.



  • Registered Users, Registered Users 2 Posts: 520 ✭✭✭agriman27


    They’re only working 3 days a week in some factories rather than buy dear cattle from farmers, sometimes I think the kill numbers can’t be to he truth…



  • Registered Users, Registered Users 2 Posts: 682 ✭✭✭Fine Day


    It's all about price control. They knew cattle would be tight over the last few months due to less winter finishing. Factories kept there orders small and processed sufficient numbers to suit that. That will change in a few weeks when there will be an ample supply coming off the grass.



  • Registered Users, Registered Users 2 Posts: 1,582 ✭✭✭morphy87


    Off topic but has anyone finished dairy cross cattle out of the shed this year? If so what type of weights would they be coming into?

    Or would many finish them in May and June?

    I have been talking to an agent the past few weeks and he said that they are trying to build up the supply of cattle by cutting back the days that they work and he said it has worked as it’s taking time to get cattle in at the moment



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  • Registered Users, Registered Users 2 Posts: 682 ✭✭✭Fine Day


    I did both heifers & bullocks with majority from dairy this winter. Weights ranged between approx 240 to 285kgs for heifers @ 18 to 22 months. 290 to 340kgs for bullocks at 22 to 24 months. All gone from early Feb to end of March. Fed meal from mid December on. Had 60 in total with majority been heifers and between them they went through 25 ton of meal.



  • Registered Users, Registered Users 2 Posts: 3,353 ✭✭✭cute geoge


    When did yoiu buy these and roughly at what weights/price

    heifers - killing heifers at under 24 months is hard to see profit ,pay better to store and kill at higher weights in my book



  • Registered Users, Registered Users 2 Posts: 1,582 ✭✭✭morphy87


    What breeds were the Bullocks and when did you buy them?



  • Registered Users, Registered Users 2 Posts: 1,582 ✭✭✭morphy87


    What type of heifers are you selling and when did you buy them?

    If changing your system when do you plan on finishing your cattle?

    Im looking into doing calf to beef, maybe selling the first week of June around 26 or 27 months



  • Registered Users, Registered Users 2 Posts: 682 ✭✭✭Fine Day


    The bullocks were bought in April 2022 and were whiteheads. Heifers were bought in dribs and drabs from November 21 to January 22. I try buy middle of the road cattle stock. Hard to go Wong with a Midland white head or Angus. Have tried the fancy contenital stock from sucklers but finding the bucket reared easier manage and as much if not more profit at the end of the day. Have noticed since I put down the rubber on the slats my cattle are thriving better from the minute they go in.



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  • Registered Users, Registered Users 2 Posts: 682 ✭✭✭Fine Day


    White heads and Angus heifers will fatten handy under 24 months without pushing and will go over fat unknown to you. You have to remember they tend to be a small carcass.



  • Registered Users, Registered Users 2 Posts: 1,582 ✭✭✭morphy87


    What weight were the Bullocks when you bought them?



  • Registered Users, Registered Users 2 Posts: 682 ✭✭✭Fine Day


    From memory I thinks round 300ks to 320Kgs.



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


    storing big cattle over a second winter doesn’t make much sense to me esp if you can kill them quicker the previous autumn by just pushing them a touch more



  • Registered Users, Registered Users 2 Posts: 3,353 ✭✭✭cute geoge


    We are talking about dairy x cattle


    Anyway back to factory prices .got quoted only 4.40/4.50 for p and o cows in another local ,can not believe they are so flush with cows



  • Registered Users, Registered Users 2 Posts: 1,582 ✭✭✭morphy87




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


    May and june as in into the 3rd year.... No Money in that.... Especially with dairy type AAX and HEX stock.


    Now the 18m Angus beef is myth too. Best i can finish some is 21 m but most at 23/24



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


    killing dairy x heifers before second winter. It doesn’t pay to finish them dairy x animals in the shed from what I see



  • Registered Users, Registered Users 2 Posts: 20,325 ✭✭✭✭Bass Reeves


    Too many lads cannot see beyond there own system. There is many profitable systems out there. Earlier this week bought four Friesian yearling bulls average weight 265kg ( weighting nothing) they cost 395 euro per head.

    They will kill some time next summer. I expect that they will leave a few bob. Watching the marts I saw Friesian bull calves 4 months old for 200 euro. If you did them right I expect they would leave a decent margin autumn '24 or early summer '25. I expect that hanging the better 50-60% in autumn 24 and the rest the following May/June ( depending on the spring) would be the optimum. If you have decent silage and a shortish (110-130 day) winter overwintering cattle is not as expensive as lads think.

    Mature fully grown cattle do some thrive when they hit grass. They virtually fatten themselves. Saw dairy cross heifers that are two year olds. He hung the best of them last October-December @ 12-1300 euro he said. He separated them early in the autumn, these got no ration and we're out until December. They went back out mid February ( admittedly they were the only stock he put out). I say they will hang up around 1650 euro. They are fattening on grass only.

    Slava Ukrainii



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


    keep half the stock and keep them an extra summer ?



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  • Registered Users, Registered Users 2 Posts: 4,112 ✭✭✭kk.man


    Factories trying to drop prices but getting good resistance from what I hear. A lot of lads wont move bullocks less than 5.20. Grass is growing no rush and silage getting done.



  • Registered Users, Registered Users 2 Posts: 1,582 ✭✭✭morphy87


    A difficult question I know but over the next five years what will the average base price be? Will it settle around the €5 a kg?



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


    I'd be fairly pessimistic about beef in the next few years. Grain prices are going through the floor and beef follows grain. We'll be back closer to 4 average I'd say. Something might give in the meantime but that's my take.



  • Registered Users, Registered Users 2 Posts: 682 ✭✭✭Fine Day


    I hope for the sake of the beef and tillage industry you are wrong. But I have a sick feeling you may be somewhat right but I would be somewhat hopeful beef will average better than €4/kg. Governments are not gonna fight for fair prices as they are not going to be the ones who implement policy's to make farmers cut there herds. Let the trade go wallop and it will do it itself is what they are hoping will happen. It's going on currently with the dairy sector. I hope I am wrong. All this land been bought at big prices will get lads stung big time.



  • Registered Users, Registered Users 2 Posts: 4,112 ✭✭✭kk.man


    I have being thinking the same and agree with both of you. The big payments are now gone so there is no cushion. The big corporates still want cheap food but the farmer cant sustain it. Are we looking at farmer protests across Europe? something will have to give.

    With regard to 5 euro plus beef prices....i made more money off beef when it was 4 euro. Thing is when the product falls the inputs are slower to come down an example would be plastic this year has not fallen much.



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


    We're probably at the most dangerous point of this cycle now. Everyone did well on the way up when cattle were wintered on pre-war silage and the output prices were rising fast. Now its the opposite, and the real stickler is that input prices are slower to come down in this country than most other beef producing nations. The bales I made yesterday are costing me about €38 each. Thats about the same as last year. Things are coming down very slowly and those bales are to feed cattle that will be dependent on the beef price in a years time. Hard to justify buying yearlings at €2.70+/KG when the wintering costs will be so high and beef price looks like it will fall back to the 'norm'. Things might settle down after that again but this is a dangerous 12 months in my view.



  • Registered Users, Registered Users 2 Posts: 1,582 ✭✭✭morphy87




  • Registered Users, Registered Users 2 Posts: 1,082 ✭✭✭Jonnyc135




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


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    Base prices were generally in the 3.50-4.00 range over the 10 years previous to the war. The new norm might be 50c up to 4.00-4.50. Grain was expensive around 2012 so beef went high here in 2013 but quickly returned to the norm. Just keep your costs low so you don't lose your shirt if base price hits €4 again, there will be good years too. This is all just guessing on my part but that's what the beef game is I'm afraid.



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  • Registered Users, Registered Users 2 Posts: 1,582 ✭✭✭morphy87


    That’s why I asked as it’s so hard to predict with beef! The only way is a cheap simple system I think myself



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