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Beef price tracker 2

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Comments

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


    I was just stating the facts, every man for himself at the end of the day…



  • Registered Users, Registered Users 2 Posts: 15,067 ✭✭✭✭Danzy




  • Registered Users, Registered Users 2 Posts: 7,267 ✭✭✭amacca


    I might be disagreeing with him...I'm not so sure the productive farmer scaling back or being forced to scale back is such a bad thing tbh....


    Behaviors and outcomes I see labelled as "productivity" are only productive in terms of units produced, it aint productive for peoples bottom line as a whole afaics its counterproductive when it comes to getting a fair price for the produce.



  • Registered Users, Registered Users 2 Posts: 15,067 ✭✭✭✭Danzy


    This is also true, the problem with lower stocking is that it certainly can increase profit per animal it also is hampered by lack of yield.

    The farmer getting a vastly smaller portion of the price of beef compared to most of recorded history. People wanting ever cheaper food and that embedded in European politics and outlook.


    The problems ultimately are far above the farm gate.



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


    I was using the term “productive farmer” to describe farmers who previously had medium to high sfp. Most of these farmers have decent sized farms which were once comfortably capable of a providing income for full time farmer…

    In the part of country I live in it’s very evident that an off farm income is required where once a decent sized farms were once very viable



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


    20 years ago when I bought the farm we own the beef price was 2.2/ kg. I was unlucky in that I was not farming the ref years so I got a local average SFP (10k/ year) rather than what I drew the two years after the reference period (20k average) it now about 8k ( I bought some low value entitlements in 2014/15 which kept my values decent)

    However in the Intervening period beef price has gone from 2.2/ kg to 5.15. Along with that there was no AA/HE premiums or QA another 220-40c/ kg depending on stock.

    The problem for many is they did not adapt. They sat drawing large payments and often stayed in unprofitable intensive systems. Larry squeezed them dry.

    There is a lot of whinging from the usual suspects. These are the lads that paid fancy prices for stock last Autumn and again in January/February. I pointed out last Autumn that a lot of cattle bought needed a base of 5.5+/ kg to make any margin and cattle bought after Christmas needed a bit more.

    This week I intend to slaughter a few cattle that have been at grass since February. Would I have like 5.5/kg. Yest I would but 5.15/kg will do nicely. I like it to be there in 3 weeks tine when I slaughter some more of these cattle that we're out early.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,387 ✭✭✭older by the day


    Thanks for that honesty. But even you will admit that for you to make a profit is to be as tight as a ducks ass.

    Firstly you will try and find cattle that the fellows who reared them will make a loss.

    Then search and scrimp on any price.

    Then you have good land which reduce land reclamation and fertilizer.

    So is that the way to go?

    Are there just too many calves born in spring. Should there be euthanasia for the nonprofitable fr type



  • Registered Users, Registered Users 2 Posts: 15,067 ✭✭✭✭Danzy


    I housed cattle on the 15th of October, that was 2 weeks after they were in a sacrifice paddock, cause I was hoping the weather would improve. They had access to round bales from October 1st. Sure it was the wettest month I've ever seen.


    They went out April 15th, I was earlier than most neighbours, and I could probably have left them in another 10 days. They could easily have gone in the 1st of October as well.


    Sure if i tell myself that I'll clear anything worth while from them, that's me kidding myself.


    I wish everyone well and hope that ye do clear Money on them but for me the scale of cash flow out throughout the year is more of a problem. I have a neighbour interested in renting my slatted shed. I'm seriously considering it, keep the sheep and just walk away from cattle.



  • Moderators, Society & Culture Moderators Posts: 4,331 Mod ✭✭✭✭Siamsa Sessions


    I bumped into a cousin (outside the local butcher coincidentally) last week. He told me he got rid of the bucket-reared cattle he used to keep and just has sheep now. Cash was too long tied up in the cattle he said. Quicker turn on lamb money.

    I've gone the opposite way, getting rid of the sheep and buying in calves, but I could see his point re cashflow and the lower risk/outlay for sheep.

    Trading as Sullivan’s Farm on YouTube



  • Registered Users, Registered Users 2 Posts: 7,267 ✭✭✭amacca


    I can see his point...from my point of view the only problem with his plan is you'd then have to deal with sheep!



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


    Its not so much you have to be as ''tight as a ducks ar5e'' as you put it, you just have to be aware of costs. Farming was always a tight game.

    I would have no issue with a calf to beef system, it would probably work out near enough the same for me as I buy poorly do e Friesian's often which finish over 30 months and I lose QA.

    My average housing date was 7-10 of November last year. This was a brilliant year for early turnout. However I only left 12 out in mid February, there was another 12 in early .arch the rest were from 20-30th March.

    Last year thrive was very poor it was away too dry. Probably great on your place. I was back about 15-20kg DW compared to 2021.

    This year looking much better so far. Ground was punished a bit in late March but it has recovered.

    I think the poorer quality calf will cure itself as dairy farmers have to keep calves until 6 weeks. The advantage of a lot of calves born at the same time is calves will be cheaper for buyers. I am not in favor of calf slaughter.

    Any system has to be adapted. I think many farmers keeping suckler's on poorer land would be better off with a mixed or sheep only enterprise. Cash flow is never an issue on an inherently profitable system especially where there is off farm employment.

    Cash tied up in cattle again is not an issue if your system is profitable. I would have no issue running a calf to five year beef system if it's more profitable than my present one. I see lads selling 18-20 month Friesian's 450 kgs for 8-900 euro last autumn. Those same cattle could be cashed in for 14-1500 euro this summer

    Slava Ukrainii



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


    Haha very true not everyone likes working with sheep the same way not everyone wants to milk a batch of cows….

    Personally I think the full time farmer with a decent sized farm should have better income support than a part time farmer who is educated and has a good job…



  • Registered Users, Registered Users 2 Posts: 5,448 ✭✭✭Grueller


    There should be no differ in the support in my opinion.



  • Registered Users, Registered Users 2 Posts: 2,808 ✭✭✭Cavanjack


    That’s a bold statement on here. I’d say the majority on here are part time (myself included).

    I am running as many cattle on as much land as many full timers but have it set up that I can work full time and farm efficiently. You are saying another man who doesn’t bother heading off to work every day should get a bigger payment than me. It’s not going to happen but it wouldn’t make much sense to me.



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


    Where do you propose to leave those with limited companies farming lie.

    It is a very bold statement. I'm part time similar to cavanjack, farming a good number cattle solo and holding down a full time job. The question that has to be asked by a lot of full time farmers, every hour you spend on the farm is a cost, how can you be more profitable. Most part timers here are working to make the farm more efficient per hour worked. The same should be the focus of full timers, sorry I correct it All Farmers.

    Work Smarter not harder



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


    I’m part time farming myself as well but I’d rather be full time farming do you guys not see my point…



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


    Lads any issue pulling meal on grass from 3kg back down to 2kg? Only started a batch on meal 2.5 weeks ago and their up to 3kg with a few days now but I'm thinking I'll reduce to 1.5/2kg as the grass is good and I'm in no rush to buy replacements so can leave them run on for another 5-6 weeks. Any thoughts?



  • Registered Users, Registered Users 2 Posts: 2,808 ✭✭✭Cavanjack


    I wouldn’t bother going with so little any day of the year. If I’m feeding I’m feeding. 4 kg plus any time I am bothering



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


    The 1% bodyweight rule is very easy to work. 1kg per 100kg LW.



  • Registered Users, Registered Users 2 Posts: 1,231 ✭✭✭MIKEKC




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


    I have always grass finished at 3kg a day. It's a struggle to get them to eat even 3kg a day unless I restrict their grass allotment which doesn't make sense if I have plenty grass and am in no rush to kill them. Also heard if feeding over 3kg you'd need to feed them twice a day.



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




  • Registered Users, Registered Users 2 Posts: 3,355 ✭✭✭cute geoge


    Do you feed many together and what type troughs .Do you have to move troughs often



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


    Why should they. The problem with that is such actions are usually means tested. Once again the full time PAYE worker is discriminated against.

    As well only the farmers income can be taken into account. He could be married or living with a person with a substantial income or wealth and receive a higher payment. This was the crack twenty years ago with farm grants whereby ordinary workers with modest wages (60-70% of average industrial wages) could not access shed grants but the larger dairy or beef farmer or businessman that could control his taxable income could access the grants.

    If a lad has had 20+ years of December SFP and has squandered it then giving him more is not going to solve the issues

    You also have the anomaly whereby I could access such a payment as I am semi retired.

    Often did it. Meal fed over a long period really puts flesh on cattle. Strictly from a labour viewpoint I only start feeding 6-8 weeks ( a few may need a tad longer) pre finish. However if your grass is good quality and plenty if it I see it as a cost cutting measure. Great idea to top paddocks if you are not running a leader follower system. Cattle tend to struggle the last couple of days in a paddock topping it a disc mower when what seems are three days left with increase intake where they may be finished it in a day and a half.

    Anything over a half k/100kgs seriously decreases intake

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,808 ✭✭✭Cavanjack


    I feed 28 month continental bullocks from July on. They’d eat 6kg no bother once a day. All depends on the size of the animal.



  • Registered Users, Registered Users 2 Posts: 1,231 ✭✭✭MIKEKC


    Trying to compare bales with pit.Have a pit.At 14 +4 for plastic +3 to draw e3. =21. Must check price of pit. Allowing 12 bales/acre



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


    If you wilt well, use a contractor with a decent baler and can draw yourself bales are as cheap if not cheaper than pit. It also allows a two cut system fir smaller farmers.

    Last year I averaged 9/acre on first cut Contractor has a Kuhn I think makes decent bales. At 9/ acre it was workout at 165/acre inc plastic and haulage.

    When you factor in that you can feed bales with a rear spike if necessary, that a slab is not totally necessary and the flexibility ( bought 9 yearlings over the last week they are in the shed with a bale until they are sorted) bales definitely have there advantage.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,231 ✭✭✭MIKEKC


    Can't draw myself so that cost will have to stay. Will try find out the cost of pit.in this area Think it was 150+ vat last year. Prefer bales and see a few neighbours changed in last few years



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


    Who a farmer is married to shouldn’t matter, the best of luck to anyone with a high earner spouse. I’m taking about supplementing income of farmers who have decent sized farms who have plenty of work to do without seeking off farm income…

    Look around and see how many farmers are encouraging their kids to farm outside of dairying….



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


    Finish in 2 batches of 15/20. Each have 2 double troughs and a meal bin. I wire off a feeding area in the middle of a grazing block, and graze out around it. Usually get 5 to 10+ days before have to move the troughs. Lock them into the feeding area while they eat so I can move the wires cos they get fresh grass daily. Put back fences in after 3/4 days also so they aren't eating regrowth. The meal bins are a game changer and I refill them whenever moving the troughs. It sounds a lot of work but takes about 20 mins to feed each batch and give them fresh grass in the evenings.



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