Beef price tracker 2

If my memory serves me right he has previously posted his accounts on here. Is that enough or would you like to see his bank statements too.

I thought bass was a woman...or base price?

Anyway theres a good few clued in female folks at this racket.

Kill sheets are a version of how big my mickey is. I am simply a trader I know my costs, when an animal enters the ring I can do the maths if their tail is long enough I bid until the tail is too short.

There Is no golden goose in beef farming it's a low margin business, however if you are a PAYE worker it's gives you self employed status. That no reason to lose money or not make a decent margin at it but by understanding tax and the business itself you can take a decent margin out of it.

Ya I put the first page of the accounts up which showed purchase costs, sales and direct costs. They are somewhere back there.

Base price is a woman they rear a lot of calves.

I do not expect anyone to take what I say as gospel. This is an anonymous online forum. However woozie is upset as I dismiss sucklers as a profitable business. On average suckler farming is the least profitable system you can run and that is even including the SCEP subsidity. There is no subsidisation of dairy beef at present.

The dairy system will produce 1.5 million calves approximately every year, about 300k+ of these will end up as cull cows. Whether we like it or not they are In the system. Because calf prices have dropped the profitability within dairy beef has increased. The reason suckler numbers half stack up at present is because of a high beef price and a reduction in suckler bred stock.

A lot depends on location and people's working circumstances.

Does it make sense for someone working full time in West if Ireland to go into Dairy calf to beef...not likely. Nor does it suit them to be in sheep if they have poor fencing. You work the system that suits you . And there are people making good money out of sucklers....though it's hard work. Some of those who dismiss those at it have probably tried it and failed as maybe they just wern't good at it for a number of reasons. Couldn't do it here as working full time...but have found make better money on Contenintal store to beef than with dairy type cattle

Passed cattle out today in Cork, near coast Kinsale.

He will have a different cost and margin to a lad in North west Cork who had them in 7 or 8 weeks ago and might have another 12 or 15 to go if it is a late spring again.

Compare like with like, no point in farming like you have limestone ground and your not sure where your welly is left stuck in the field in September and you wondering about housing them.

Which is the best system for one's own suckler bulls, under 16 months, under 18months or bullocks under 30 months.

You would have to think under 16 month bulls is the best good money for them if there the the right type but very intense system also they would probably need to be 500kg at 12months can be a challenge also. What's the difference in the u16 and u18 do they pay you less per kg and who decided they have to be killed by the 16months does the meat get tougher after that?

I can’t figure out the under 16 month thing. According to Agriland quotes are round 5.50 base for an under 16 month bull. Meaning that he has to be a top quality u+ grading bull (36 cent of bonuses) to get anywhere near the flat price available under 24 month bulls.
The journal farm in tullamore decided to sell their bulls again rather than finish them under 16 months.
Id say if you had good quality weanlings the best thing to do is to let them off as weanlings.

They would have been very small if killed out of the shed last spring/ summer and probably have eaten 1.6 tonne and hardly have hit 300kg dead.
You could have got 150kg of live weight on them off the grass before you started them on meal in July depending on how early you got them out. It would cost some money to put that extra weight on them in the shed.

under 16 suit early calves but the late ones wouldn’t be for me anyway. March born at the latest and hitting around 500 kg at 12 months which is easily done if you are using the right bull. It’s the heifers calves that will catch most people out on weight versus feed eaten.
1.3 ton average and that’s with some gone at 13 months. It’s where the Charolais really stands out. I usually put lm or sa on the heifers which will be easy calving and usually won’t have the same potential. I’ve been watching carcass weight on icbf for bulls now which seems to be helping a bit with their potential.
on a side note I’ve altered feeds a bit the last few years and found either thompsons cooked ration or grennans while a nice bit dearer are working out at a similar cost to most of the other weanling nuts when all is considered to get calves to 400kg.

They did well, it now gives you an option if not getting enough in the mart. Forget about the ones that’s gone. Good weanlings are making great money in the marts. A good 400kg calf can command €1400+ at less than 1yo. To bring to slaughter at 16M he’d need to be 700-800kg LW. While they may leave a twist, it’s risk v reward

The last year i finished u16 month bulls(2019) i was nearly begging a factory to take them, they were all bang on 16 months, mix of E and U, Feb/March born and on ad-lib meal since the creep feeders went out in July.

They were from 740kg to an exceptional 875Kg, the factories did'nt want them, no demand they said, they had me over a barrell, i swore never again.

Keep that in mind.

That's exactly why the bull kill is down. Bull beef in a rising market is great, they put in serious weight but when the catel have the advantage they r÷#e you. Watch next year, over 30 months, 4 plus movements will mean zero. They are a crowd of gangsters but with gangsters you need to play the game. I've a few pens of four movement cattle bought good, they will make same money as their counterparts. Thing is I read the market, the suckler man wouldn't have that time. If I was a suckler man 10 months back I wouldn't gamble.

What's lads views on prices over the coming months. I think they will pull them come February.