Beef price tracker 2

Agriland is reporting that the factories are cutting the price but when you read the article it doesn’t really reveal much info…

the other long and short of it is that “the cattle are not there so paying more won’t magic them up”

How is it they’re reporting every week that the kill is over 36000 head per week…is it just propaganda..?

Supply and demand will control the quotes. While supply is tight quotes will remain high. The danger is with Trump & his tariffs.. if he pushes his hormone fed beef on the UK then we have a problem... because the UK doesn't care once they get cheap food.

The US is more short of beef than we are. Suckler herds decimated, dependent on dairy beef now.

There contracts are now beginning to be dependent on spot pricing. Processors are being limited by what supermarkets are willing to pay. They are probably pricing on a margin. But supermarkets are pushing them to drop the price.

My fear is with lack of supply (caused by years of neglecting the producer) we could see rouge operators going horse or imported beef labelled as Irish beef

FFrom Many the conversations with two people who negotiate contracts with the supermarkets...... there a really ruthless bunch to deal with if they smell a weakness . One fella has had to walk away from deals and won’t negotiate with two chains anymore 😕.... they want the very last drop of your blood he says

My treat on a Friday night for many a year has been fillet steak from Supervalu. Its been 13.99 a packet for 2 small ones for years. Went in last week and the same packet is now 19 euro (or 51 Euro a kg I think it was). It is the first week that I didn't buy them and would not every pay 19 for them. Went for the sirloin instead for 14 and if that rises its back to pork chops (would break my heart).

My point is that there is an upper price point that consumers will pay and we are very near there. Next to go in our house will be the striplion roast on a Sunday…once the stuff in the freezer is gone it will a roast chicken on a Sunday.

We could see demand drop rapidly once supermarket contracts come up for renewal.

Poultry and pork will then rise in price as demand increases.

Yous all laughing at the vegans but it could take over yet if meat prices keep increasing at the table.

Agree, the price increases to food up to now was due to the energy, this is the first increase for the producer

I was on cooking duty last Sunday evening and got 4 steaks in Lidl on the way home from standing on a freezing sideline for 4 hours, 2 were sirloin and 2 were Angus of some sort, cost €19 in total and were melt in the mouth after a few minutes on the BBQ, the table setting is a bit rough as herself was away, and it was the kids who were getting the extra one between them 😁, I thought it was good value dinner for 3 and easily have been dinner for 4, for under €25. Not including the vino 🥴

Was chatting an agent I deal with a fair bit today..he said base price is 7.40 for next week and no more flat deals.Only being told to buy what can be killed in the week as more cut are likely

Correct anyone that sends cattle to a factory at that price deserves to be rode