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Beef price tracker 2

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Comments

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


    If the price was decided by market rather than cartel.



  • Registered Users, Registered Users 2 Posts: 7,272 ✭✭✭amacca


    I see. What is the likely trajectory over the next 6-8 weeks I wonder.....



  • Registered Users, Registered Users 2 Posts: 5,143 ✭✭✭bogman_bass


    Depends if farmers panic and off load cattle now or not



  • Registered Users, Registered Users 2 Posts: 9,802 ✭✭✭893bet


    How does that 60/45 percent relate to 3-4 years ago?


    Lots of underfinished cattle is good overall. More heads for less meat keeps supply down a little.



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  • Registered Users, Registered Users 2 Posts: 3,362 ✭✭✭cute geoge


    The factories are playing a blinder and if we get drought ,it game ,set and match to the pr!cks for the rest of the year.Marts are small at the moment so factories wont pick up much fat cattle there ,you woud think with fine weather there woud be a bit more demand and they must have worked trough all the cattle they backed up all along and all shed cattle must be gone at this stage but what do I know



  • Registered Users, Registered Users 2 Posts: 2,125 ✭✭✭mr.stonewall


    The are still backing them up at the moment. 2 1/2 weeks to get cattle killed in Larry's Local Liarage. Looked to book some in last week and was shocked

    The price for p grade cows has collapsed in the past fortnight. Must be some number of cows being offloaded out of the parlour with drought fears



  • Registered Users, Registered Users 2 Posts: 2,817 ✭✭✭Cavanjack


    When the dairy lads start killing cows in a few weeks if rain doesn’t come the factories will have a field day.



  • Registered Users, Registered Users 2 Posts: 2,732 ✭✭✭Jb1989


    They have no shortage of cattle currently, end of story, I'm not sure the reason why, but it's the factory rules at the moment.



  • Registered Users, Registered Users 2 Posts: 4,881 ✭✭✭White Clover


    They were badly stung this time last year and were not going to get caught the same way this year. In saying that, I presume they were involved in buying what were perceived to be expensive cattle early this year in order to have a supply in May and June. They will have a supply of farmers cattle coming up on 30 months from July onwards. The weanling man is the man that will take the beating again this Autumn.



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  • Registered Users, Registered Users 2 Posts: 4,312 ✭✭✭Hard Knocks


    With estimated 200,000 less suckler calves and more dairy beef which generally aren’t sold as weanlings would there be much of an impact?



  • Registered Users, Registered Users 2 Posts: 11,666 ✭✭✭✭Base price


    Dairy farmers have already been culling heavily in the past two weeks.



  • Registered Users, Registered Users 2 Posts: 4,881 ✭✭✭White Clover


    Hopefully not but if there's not a bounce in price in the next 6 to 10 weeks, I wouldn't like to be selling weanlings in the Autumn.



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


    If you were relying on the beef game as your only income, you'd have my every sympathy.....

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



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


    Looks like a break in the weather over the next week. will they just stop at 4.9/5/kg or will they drop to below 4.8/kg which was the general price paid late June tp September last year.Not too sure if they have worked through the shed cattle. Still alots of them being fed in places.Last of the U16 bulls will not have to be gone until the end of this month.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 683 ✭✭✭Fine Day


    If there is a good supply prices will only go one way. My gut feeling is we will be in for a year or two of poor prices right across the board.



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


    There is supposed to be a problem planting in Ukraine and Russia this year. Credit is impossible to get and the flooded Khearson region is not helping. The Russian ammonia pipeline that has been blown up will effect fertlizer later this year. Beef supply world wide is dropping 1-2% per year and we are supposed to be in a beef deficit at present. Pressure is comming on large brands like Nestle not to use Brazilian beef.

    I amnot saying everything is honky dory but I am not overerly negative either.

    Slava Ukrainii



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


    Speaking with a big finisher the weekend...lots of shed cattle still there..I was shocked.



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


    I am not really shocked. a lot of lads get a horn from feeding cattle indoors. They tend to use any excuse to feed indoors. Neighbour has calves in a small paddock feeding them from an adlib feeder. It takes work to manage cattle outside. you need paddocks fences and you have to move troughs. There was a definate horn on these lads early in the year. They paid through the nose for cattle and when they could not turn out in March they started feeding ration. Now the processors have them in a noose of there own making. They have to keep feeding untilthe processors hang them

    Slava Ukrainii



  • Moderators, Society & Culture Moderators Posts: 4,343 Mod ✭✭✭✭Siamsa Sessions


    Factory agent told me the same last week - he claimed he has a few lads ringing him trying to get cattle killed and all are still in the shed.

    No doubt the agent was adding a bit to the story but it wasn't 100% lies either.

    Trading as Sullivan’s Farm on YouTube



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


    Would many of these shed cattle have a contract price agreed with the factories back six months ago? Mind-boggling if they didn't to go and pay record prices for stores with feed at record prices in the hope the factories wouldn't burn them alive.

    Edit to add, if you believed what the Irish farming media where saying beef prices in may/June were going to the moon so I guess these lads believed that and are now caught. Blinder by the factories is right, get the media to get lads all excited only to catch them in the honey trap.



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


    Not six months back. If they gave a fixed price they may or may not be ok. Larger FL get gauranteed rates, however many are on prices linked to the market. They may be getting 20ishc/kg over the market average. However many are not these are the lads with 100-150 cattle feeding.

    As well because there is so much shed cattle about the processes have slaughtered there own feedlot cattle and those that are gauranteed forward prices to limit there liability to them. Now they are trickling the rest through the system.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,319 ✭✭✭Sheep breeder


    why did the factory drop P grade cows prices, the hardest beef to get rid this time of the year, P grade cow is not prime beef and cows out of the parlour will not killout that wonderful.The supermarkets this week have beef on all the specials and the housewife will buy whatever is best value and at the end of the day the customer decides the trade. The day of factories filling chills with cattle to carry is gone with the price of electricity etc, they will only kill what they need for the week a head market.



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


    You are right to an extent Sheepbreeder. However you have to remember that most cow beef goes into manufacturing or catering beef. Not all P grade cows are are the same. Many will get well fed. However the processors jast spring paid through the way over the top for canner beef to get throughput. As one finisher who normally dose cattle very well said ''what could we do if you took her straight from the mart to the factory there was a good twist ( I say many were making 200/cow) out of them that might not have been there if you finished them properly ( they would hardly have been another 100 euro out of them)

    If you had well finished ''P'' cows you would be taking some hit at present. It nit so much it will cost processors to fill and maintain chills, it's that they know that there is about 80k less in the system this year and they intend to manage that through to November when 2022 cattle come on stream.

    Slava Ukrainii



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


    If they’re as well finished as u think. They’d sneak into an o wouldnt they



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


    It would depend on the cow and the level of finish. You could have loads of flesh on a cow at 700 kgs LW but she might not get into an O grade until 850 kgs LW. Both are totally different cows but you could compare neither to a p grade straight from the parlour at a bit with 600 kgs.

    Killed a P grade bullock FS 3+@ nearly 380 DW or about 760 LW and those mature cows are different again

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 3,362 ✭✭✭cute geoge


    What are p+ cows at present ,I taught p's were 4.10 and O's were 4.20



  • Registered Users, Registered Users 2 Posts: 7,272 ✭✭✭amacca


    What would ye do 26/27 month old continental heifers (char/lim out of char/lim x cows) at the moment.


    Asking for a friend😅


    Well sort of true, cousin has a bunch non qa, and I have a small bunch qa, must get them in and weigh them but to my eye somewhere around 550 - 590 kg.....nice sorts, some tasty ones...probably another 5/6 weeks grass in front of them



  • Registered Users, Registered Users 2 Posts: 2,125 ✭✭✭mr.stonewall


    Supply simply,farmers looking to offload cows out of the parlour before the drought. Cow beef will end up making up most of the mince and burgers. Inflation is hitting and the shopper and restaurants are looking to cheaper cuts as people won't pay for more expensive steaks. This drives them to mince etc. If you were getting a shed load of cows thrown at you, would you pay top dollar, bet not



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  • Registered Users, Registered Users 2 Posts: 2,319 ✭✭✭Sheep breeder


    Agree with you, a burger factory I know of is using a lot of the off cuts from FR bullocks at present for supplying a better burger, a lot of the dairy cows nowadays are from 480 to 550kg at present coming out of the milking parlour. Have a friend working as a sparks in a pizza factory and he was saying they can’t make product quick enough due to the weather for here and the UK. The trade dictates the price and farmers at times get greedy waiting on the price to go up extra 5 or 10 cent and back up cattle.



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