Beef price tracker 2

Would most of those type of cattle finish at 24mths approx?

It's some sign of the pressure they are under if they couldn't secure the required numbers for about 3 days kill this week. Like cattle killed this week are for processing the end of January when demand would be well back.

Laat twelve months your youngest child could buy cattle and make money. It don't always happen like that.

Absolutely agree with that. However the owner of the local mart here, Carnew, has a property auctioneer as well. He has a man that he calls to take the rough cattle left at the end of the sale. He says he also calls the same man whenever there is land for sale. That man has a similar outlook and system to bass. I'm not sure who is right or wrong but different systems have their merits. I

still stand by my point, output benefits processors. Look at the position they're in now when cattle are scarce.

In all fairness we go to Carnew at certain times of the year to buy cattle and all goes through the ring are either sold or home, no messing around, he has customers for all types of Cattle on the day and no horse trading at the end of the day. As for the land sales it’s not one man buying all the land, pub talk. David only talks business with one person and that’s the wife,

You obviously did not read my post I said the age of the young stock I bought over the last while. At present we have 80+ for slaughter next year, everything from CH heifers to Fr bullocks. I will give you the benefit of the doubt because you are relatively new on the forum. I am farming 20+ years and from a standing start have bought well over 100 acres of land. I have other property interests purchased since as well. Farming has made me serious money over the last 10+ years I had a decent but nothing exceptional of a job.

After buying a farm this time last year we had to stock it we put in approx 55 young cattle for 20k during mainly December and January last year. I am happy enough with those cattle so I am picking a few up rather than tying serious money up on older cattle. Traditionally I purchased from May to September mostly Friesians which I finish the following summer. I have slightly adapted my system to accommodate the need for a higher stock numbers.

I am stocked at near 170 kgs per HA not this year as we rebuild numbers I am not that high.⁸. However the big issue from now on is you cannot use slurry exports to adjust your nitrates at year end from now on. Heifers are part of the answer to the issue as there N rating has been reduced sub 24 months. Some of those little Fr bulls are May/June born.

If you understood economics the first key of any business is buy value. Those little Friesians could hit 1600 euro June 12 months @ 300kgs DW. At 5/Kg it's 1500 euro, at 6 it's 1800. At 4/ kg I still have a margin of nearly 300 euro at presentpurchaseprice replacement cost will dependon the market. I do not like having capital tied up in machinery or stock maybe I am an idiot. I run a low input business, yes the land I have means I can, however I bought it so I suppose I can accept that much credit.

There Is not f@@king mart in the country that dose not get caught with cattle. Even the co-op marts puff them a bit. I saw my own cattle pushed by a mart agent earlier this year, I still took them home and to the factory a week later they average 50/ head more there, there was a single I should have left go there. Mine were the only cattle that made that close to factory price that day I had rang the agent and said there was no point in me putting them through the ring.

Yes and no KK. A lot of cattle bought in the spring died in debt. The back end if you kept long enough had been good to lads that did. Personally not even an average year for my system no weight gain in February and March, cattle in too long. Drought from July to September. Had to offload cattle in late September because of silage and grass situation. However well set up for next year. Cattle did some thrive until housing in mid/late November. Ready to rock next year.

What's your plan going forward bass?,do you think your will be able to to stay purchase those cheaper animals in numbers to stock your farm with cattle getting scarcer and more exspencive going forward?

Wooziewu,I like yourself am relatively new to this forum & as you may have gathered there are a couple of very strong characters regularly telling us of there exploits in mastering the art of making money in the dry cattle job,there was a fairly recent debate on whether to focus on gross profit or net profit & gross profit came out on top,if you go head to head with these guys or even ask for some advice you will be bombarded with sarcasm,fuzzy logic & misspelling,having said that the forum is excellent generally for the casual observer.

I drove past one of Larry's plant earlier and it's business as usual l. Car park full and trailers coming and going. Next town after there is a large MN medical device plant and it has been shut since Thursday. I have never seen that plant closed so early before.

I thought most factory’s would be closed today, they must be desperate for cattle but in my opinion there’s no need for them to open till next Monday, the workers working there deserve a bit of time off like most people