Beef price tracker 2

weatherbyfoxer · 20-11-2023 10:33PM

https://www.boards.ie/discussion/comment/121389334#Comment_121389334

Any twist out of buying a few AAx or HEx 500kg to finish out of the shed in March would you think Bass?..have plenty of really good silage here red clover at 78 dmd and grass silage at 74 dmd

mr.stonewall · 20-11-2023 10:51PM

https://www.boards.ie/discussion/comment/121393806#Comment_121393806

Could be a twist out of buying them in the 400-440kg range. This would have them a touch light for the feedlots to twist around in 60-90 days. You would have about 120 days,to bring them to over or around the 550kg mark.

kk.man · 20-11-2023 11:23PM

https://www.boards.ie/discussion/comment/121393893#Comment_121393893

Yea keep out of their radar..on a hiding to no where. Was told agents et al to fill their sheds and finish early to mid spring.

Some marts are just a Rob for stores ATM.

Bass Reeves · 20-11-2023 11:34PM

https://www.boards.ie/discussion/comment/121393806#Comment_121393806

There is always a twist but you need to buy the right animal. Kilmallock today ( and I was not buying)

Lot 10 410 kg Herefords butty types 750 euro killing 270 kgs(530LW) 5/kg 1400 euro.

Lot 14D FR,FRX, 670 kgs just about 70 days to oldest before 36 months 1200 euro. I expect them to grade O=Hanging 370 kgs end of January@4.9/ kg 1800 euro.

Lot 15C FR 26 months 540 kgs fleshy 700 euro. End of January 300 DW @5ish/ kg 1500 euro. ( if the department bring out a slaughter premium in the NY another 50-60 euro).

If I had being watching live I wound have followed 15C to 800 euro. They would even leave a right twist killing next June @ about 370 DW

Cavanjack · 20-11-2023 11:38PM

https://www.boards.ie/discussion/comment/121394088#Comment_121394088

Where did you hear of the slaughter premium?

Bass Reeves · 21-11-2023 12:07AM

https://www.boards.ie/discussion/comment/121394108#Comment_121394108

It's probably the worst kept secret. It was open knowledge. My understanding it was supposed to be announced in the budget. The only reason I think it was not was because the processors want it announced just before it is implemented as if it was announced in the budget it wound have forced up prices by processors as land would have held cattle back.

All the talk last summer was starting at U30 month for 2024, U28 month for 2025, U26 months for 2027 and then U24 months.

They want to force the age of slaughter down, that's an open secret so sooner or later an incentive will be introduced. Going straight to U24 months would be too sharp for the market.

I am making an assumption and I am assuming this is the reason it was not in the budget

kk.man · 21-11-2023 12:29AM

Thurles on fire for store fr bullocks today..somebody must know something

Cavanjack · 21-11-2023 08:34AM

https://www.boards.ie/discussion/comment/121394219#Comment_121394219

I’ll believe it when I see it and I’d imagine it’ll come with terms and conditions like the beam and be limited to a low number.

Anto_Meath · 21-11-2023 10:23AM

Is there not some issue with bringing in an form of premium now in that it can't really be based on a headage system. While your SCEP is paid on your reference numbers it is also linked back to your acreage in a roundabout way.

roosterman71 · 21-11-2023 11:07AM

A slaughter premium would just be a green light to processors to cut the price/kg to match. In no way would the farmer benefit

Conversations 3 · 21-11-2023 11:30AM

Sell hard lads.

The local agent knows I have cattle finishing and hasn't called me yet, mustn't be that stuck.

Anyone get any prices this week or next?

Cavanjack · 21-11-2023 11:55AM

https://www.boards.ie/discussion/comment/121395071#Comment_121395071

Agent called in this morning after calling a couple of times yesterday. Was giving 4.80 for bulls. When he was leaving it was 4.90.

massey 265 · 21-11-2023 01:55PM

I see martin coughlan in farming indo today sayin factories will have enough stock killed by dec 8th for christmas trade because cattle are hung for 3 weeks.From my knowledge from working in beef factories for 16 yrs more like 3 days hanging max in chill is whats the norm.Whos he coddin?

massey 265 · 21-11-2023 02:29PM

https://www.boards.ie/discussion/comment/121395796#Comment_121395796

From once its boned out u can forget about your "wet ageing",sure what about the other 90% of the carcase thats not striploin or sirloin.

Bass Reeves · 21-11-2023 03:52PM

https://www.boards.ie/discussion/comment/121394964#Comment_121394964

Tbh this is to encourage a reduction in slaughter age to reduce carbon footprint. They can only reduce so much. Too many small lads walking away.

Will. It really interest me after it hits 28 months as it will incur too much costs. Present system much more profitable.

Looked at the ABP advantage scheme. For once moved cattle but you need the sure information on the card. Too many hoops.

https://www.boards.ie/discussion/comment/121395796#Comment_121395796

There was substantial noise mid summer and it was expected in the budget. The only way they will encourage early slaughter is a slaughter premium.

somewhat disappointed · 21-11-2023 05:26PM

How many days feeding should 15 450 kg bullocks get from a bale of Silage ?They are also getting 50 kgs of High Barley Cattle Ration.

mr.stonewall · 21-11-2023 05:27PM

It's the potential of a market changer having a slaughter premium for reduced age of slaughter. Delaying the announcement of this is vital as it would have knock on effects for the trade should word get out.

If you look at the DAFM policy play book it shad been carrot and then stick to box in the non complying. Take the example of LESS grant aid for all 5 years ago. No grant aid for those above 170KgN/ha and this has been slowly wound down to 130KgN/ha. The stragglers are squeezed into submission. The only way earlier slaughter will be achieved is by incentive.

If it does happen the cattle trade as we know it is in for a serious shake up. The weanling to store man is going to be beat out.

Siamsa Sessions · 21-11-2023 06:46PM

https://www.boards.ie/discussion/comment/121396841#Comment_121396841

2 days? 2.5 days?

Depends on silage quality and how well-packed the bales were. There's various formulas to work it out but none will tell you as accurately as giving them a bale and just observing yourself.

SuperTortoise · 21-11-2023 07:33PM

farmers looking for a slaughter premium for 24 month cattle is like a turkey looking forward to Christmas.

Jesus, open the eyes will ye.

It's bad enough the cartel have us boxed in to 30/36 months.

Can anyone point out a single advantage to the primary producer of bringing the slaughter age down?

Anto_Meath · 21-11-2023 09:18PM

If factories want cattle at 24/ 26 months or whatever then the factories need to pay the farmers for them, not the government. Any money given to farmers is used by factories as an excuse to pay farmers less.

893bet · 21-11-2023 09:20PM

https://www.boards.ie/discussion/comment/121397664#Comment_121397664

This. Watch the organic premium disappear over the next 3 years as the government are now paying it.

amacca · 21-11-2023 10:40PM

https://www.boards.ie/discussion/comment/121397288#Comment_121397288

I know it's fooking sickening listening to the stream of ideas to try nail farmers to the wall

Siamsa Sessions · 21-11-2023 11:01PM

https://www.boards.ie/discussion/comment/121397664#Comment_121397664

Exactly.

Do we say factories pay a premium for under 30-month animals?

Surely a premium for under 24 months is the same as a penalty for over 24 months?

smallbeef · 21-11-2023 11:11PM

Imagine Larry creaming his pants at the thought of a surplus supply of expensively finished 24/26 month old cattle in the traditionally slack months of feb-may. We'll have our little bonus but guess where the base will be at... Farmers are morans if they fall for this one. Not to mention it is worse for emissions in every way.