Beef price tracker 2

Local processor 7.3 base full for the week. If you want cattle killed as a small supplier you now have to book in for end of the following week. Will only quote price for next week next .Monday morning. It will be 7.2/ kg next week.

Neither of the next two nearest factories will quote you any higher and you risk that the weights will be fiddled.to put manners on you.

KKill Was 25k/ week and factories filled what contracts they had to fill. Now it's 28k I suspect.

You made the point of the way the tune was changed. Was it the ifo coming from agents/dealers or from procurement managers.

Neither are often totally in the loop as to what us happening. Most agents are not the sharpest tool in the box. The ones that are only pass on what they are told.

IIt all goes back to the statistics abd unless 200k cattle from 2-3 years of age have disappeared tge kill from now on will.be probably 33-35k/ week. The longer it's takes to get there the higher it will rise.

The way things are going is more or less what I predicted. The cattle that a lot of agents taught were missing were sitting inside in feedlots being finished.

IIt's not just to fill feedlots that processors want to drop prices. There's a lot of small finishers that are tillage operators. The price of grain is probably sub 200/ ton. They want these guys to fill sheds and risk there grain feeding cattle.

When prices are rising lads are reluctant to sell. They virtually never stay long at the peak. As I have pointed put flat prices are very easy to stop and immediately you drop beef prices by 40+c/kg.

Someone posted about some feedlots operators being contracted at 9/kg. It's unlikely you or me will get a smell of that after Christmas.

The priesent filling of feedlots is to cool the November demand. From early December on the need for beef cools until a few days before Christmas.

Weight be lucky if it stops at a base of 7/ kg

This isn’t Facebook lad. You can’t go jumping down any posters throat the second they say something other than “the boom times are going to last forever”

Yes cattle numbers are down but if everybody kept holding onto cattle until the weather turned it was always going to cause a bottleneck.

Some people have very short memories. The past 2 years were flukes. Every other year as far back as I can remember cattle prices drop on September. The chances were always that it would happen again this year

God forbid that someone on here makes a prediction & its correct & they get credit for it.

Its ok to be wrong sometimes as well.

I've learnt a good bit on beef prices from this forum & a few posters on other forums without it being a mud slinging match.

I've said before I'm out of the suckler game so this is new ( ish) territory for me.

I sold cattle in a mart last Friday, for some reason forward stores were making more than factory fit cattle.

Down here I would be fairly sure there is a factory price pull coming of 10-15c per week for Sept.

Weather conditions have deteriorated rapidly so 600+kg beef cattle are being housed if not sold.

That plus the grazing man is starting to shift numbers as well.

In contrast on the eastern side cattle are being fed outside due to grass shortage.

Parlour cows maybe out a bit earlier to marts this year imo

You can roll with the punches or you can put your hands up and not get hit on the head.