Beef price tracker 2

A finished angus will usually kill out around 55%..lots of lads are finished cattle in the mart and claiming they are doing better than the lads killing in factories when as pointed out above numerous times they don't know the value of what they have,..if a lad wants an education putting a half load into the ring and other half into the factory will be a valuable trial.personally i will always be of the belief finished bullocks and heifers will leave the most profit on the hook not in a ring

I doubt there are that many fools around the ring leaving cattle or should I say €400 behind them.

If I was in the mart and seen something €400 under valued I'd be bidding on it even if I had no place for it....or even at €200 for that matter

55% he’d want to be a very good Angus

Anyone hearing that supermarket contracts are up 1st May & that you are looking at a30% price hike in retail at current factory price.

Could be factory propaganda to pull price.

On the other hand it has to level at some stage

As @kk.man said the problem is the ordinary farmer can’t make back all of that €200. Mart fee’s, haulage and factory fee’s will take €50. Then you need a good relationship with the factory to get them killed as QA’d without the 70 day residency. But the factory agent doesn’t have them sort of worries. He’s saving €160 out of the €200 that the farmer selling in the mart left behind.

Lots

I put up the screenshots and prices from the marts a few posts back, it’s all there in black and white. Some of them cattle would need to be killing out at 45% of their mart weight which would be less than 43% of their fresh weight in the farmers yard for them to have made their factory price. Canner cows would have that type of a killout.

Like yourself I get it very hard to understand it but unfortunately that’s what lads are doing and it’s what’s giving the factories back the power now. And the real frustrating part of it is that these lads are coming out of the marts delighted because they never seen such money before for cattle before and don’t realise what they’ve left behind.

it’s a great way of buying cattle pulling the price they know they are in trouble for may and June so pull price and kill less days is what they are doing do don’t sell anything to them is the answer

@Conversations 3 having not seen the cattle its hard to know. The first bullock is an excellent price. But if he was a good "U" bullock capable of killing near 60% then a price of €8.25 per Kg would breakeven. But if you average the 9 of them at 56% then €8.05 would more or less breakeven.

So was this farmer better off in the mart or the factory? if not how much did he leave behind? Have a friend is an agent for a factory and he said he has being told he can't go above what he's told but they are paying more in the mart for cattle than than they are factory because they no some farmers won't go to the mart no matter what. I have cows to sell that's why I was asking he said go to the mart

I haven’t come across that met. It’s 15euros around here to sell usually and 25 in Roscommon but you tend to come out a head there if selling stylish continental cattle

You do know & so does everyone else,it is up until the point that Larry Badman &Co. can fill his contracts more comfortably,when that happens everything from the calf to the forward store will look incredibly expensive & the factory net profit will go from almost incredible back to incredible,the dry stock industry in Ireland has long been a loss making labour of love & that is without including the farmers own labour costs which should always be part of the calculation,I hope that this is all about to change as the farmer that can truly present prime stock for market is highly skilled.

Told fees have shot up!what does that mean?In my opinion the best way forward for this forum is to include mart dockets & kill sheets & remove the pub talk as without the documentation that is all it is,here is a sellers docket from earlier this week south east,mystery over.

Very few AA woukd kill 55% even out of a mart. They would want to be suckler bred and R+ grade. K/O is dependent on the quality of the animal and level of finish.

It's very variable in the marts at present in some cases cattle make factory money or better in some cases not. However mart fees for sellers is 10-20 euuro higher than slaughter fees. Any lad not QA finishing cattle is nuts at this stage. QA even matters in forward stores as larger finishers have tge option of slaughtering them before the 70 day QA withholding limit.

Any lad sending cattle to the mart needs there own scales. Send a bunch early in the year. Two CH heifers dropped 35kgs ( 695 down to 660kgs). The problem actually was they went straight from the truck into the ring. There was water in the holding pens for finished cattle and the bullocks which were heavier lost 20-25kgs. Heifers only just about made factory money. The bullocks beat it by 60-80 after allowing for transport and mart fees.

However I see a ot of cattle make 1-300 and more less. It depends on the mart. In a lot of smaller marts cattle are shared out between certain buyers whether tangler or finishers. It a case of its your turn then mine. And if I am lucky enough the odd one will fall 300+ below factory price. In general I would prefer to deal with the factory but locally they need to step up there game. If you are up in the midlands with 4-5 factories around you. Then marts are not as much of a necessity

@Aly Daly, I haven't sold cattle in the mart since early covid and at the time it worked out at €24 a head it was 1.5% of the sale price or €15 a head if under €1,000.