Advertisement
Help Keep Boards Alive. Support us by going ad free today. See here: https://subscriptions.boards.ie/.
If we do not hit our goal we will be forced to close the site.

Current status: https://keepboardsalive.com/

Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.
https://www.boards.ie/group/1878-subscribers-forum

Private Group for paid up members of Boards.ie. Join the club.

Beef price tracker 2

1259260261263265

Comments

  • Registered Users, Registered Users 2, Paid Member Posts: 20,926 ✭✭✭✭Bass Reeves


    Lads keeping heifers would not effect this years slaughter numbers. If you look at the the slaughter figures the heifer kill is as strong as last year. It's steer and cow slaughter numbers that are back in numbers.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,725 ✭✭✭weatherbyfoxer


    Quiet possibly a change in system comming here next year so im looking to hold on to enough stock as possible for capital,but of a normal year id be feeding everything on the farm here now over 500kg and kill by Xmas and pick up a few hungry stores between October and December for grass next summer



  • Registered Users Posts: 458 ✭✭WoozieWu


    people got great money at the time for suckler weanlings from the early summer onwards last year which is well over 12 months ago now

    dairy men cleared out the world of bad cows last year



  • Registered Users, Registered Users 2 Posts: 19 Back4more


    What price are you determined to hold out for ,heavy rain forecast for east on saturday so they will be knocking another 10 cents off for next week guaranteed .I told you should have moved last week!!



  • Registered Users, Registered Users 2 Posts: 7,376 ✭✭✭amacca


    I suspect you'll do fine at yhe finishing, the frame is there at that age, it's just a case of putting the kilos on, the only thing is you may not want them getting there too quick before you want to let them off.



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 7,376 ✭✭✭amacca


    I'm looking more at what similar are making in marts....then estimating killout and working back....I'd say the factory would still be behind with the types I'd be selling but I'll always check...

    As long as I see what I have back in price in the marts I'll hold...I've done better on animals that aren't quite fit holding until Feb sometimes...obviously there's the weight gain but there's also the demand....trying to get good money for stock thd demand is declining for is ...like trying to ice skate uphill (to steal half of a quote from blade)....its usually a small percentage of a given years cohort but it usually doesn't cost more in silage, meal and bedding for the numbers I'd hold than the increase in price ....+ there's the satisfaction.....hard to put a price on that.

    It's depressing when some other entity in the chain takes a big chunk of your profit because you had to offload.

    It's probably not the way to go for a lad with high stock numbers or depending solely on short keep/high turnover etc etc in fairness

    Meant to quote 50Hx there...poster asking what price I'd cash in at....quote post doesn't seem to work reliably when I'm using it!



  • Registered Users, Registered Users 2 Posts: 152 ✭✭nearlybreak


    factories paying a lot more for than quoted prices for cows tonight in gortatlea at least 50cent above what’s been quoted going by my figures



  • Registered Users, Registered Users 2, Paid Member Posts: 3,036 ✭✭✭50HX


    Thanks @amacca

    When i was selling weanlings id always have a price/kg.

    Pre Ukraine/covid I was at 2.40/kg to cover getting the weanling to sale price.

    Thats fert,silage,contractor,cost of keeping cow etc.

    Bps & scheme payments were untouched bar one year where i expanded numbers.

    I suppose what I'm asking is what price are lads willing to offload at as we have no real base line to operate off of.

    Neighbour here contract reared out 30 AAX heifers back in March til 3 weeks ago, he has now decided to contract rear them for the winter & sell then for grass demand.

    Considering he's on his own milking 70 cows why bother but thats his own call, I asked him what he wanted for them 3 weeks ago & also nxt march...couldn't put a figure on it



  • Registered Users, Registered Users 2, Paid Member Posts: 4,410 ✭✭✭kk.man


    Make no mistake it's screw the small man now for as long as possible and I don't think it will possibly be for long.



  • Registered Users, Registered Users 2, Paid Member Posts: 20,926 ✭✭✭✭Bass Reeves


    As I trade I work it slightly different I try to sell cattle at what I consider price peaks of they are fit. I try to buy back to achieve an average marginnof 900 euro. My costs were around 450 for 12ish month cattle. That is climbing to 500 euro, If it's weanlings I am replacing and the period to finish is 16-20 ish months the costs are 700-750 and the netmargin I expect is 750-800.

    I am not into holding cattle as such. I think a few people this year wanted to maximise weight and taught the price would remain stable. Problem with the way the Cartel work is flat prices suit them.as it allows them to drop factory price by 30-40c/ kg in one go and make it look like they are only pulling the base by 10c/ kg

    Slava Ukrainii



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 152 ✭✭nearlybreak


    neighbour killed a load of Lmx bullocks yesterday all R=+443kgs average and all over 30 months and under 36 and average 7.30a kg on the grid and the week before he killed 4 lmx cross cows average 433 kgs all Rs youngest was 12 oldest was 17 and got 7.30 a kg some laugh absolute prime beef making the same as cows now I understand why but it’s just not right and the cows would have made at least 200 more in gortalea tonight just shows you what’s going on



  • Registered Users, Registered Users 2 Posts: 152 ✭✭nearlybreak


    the grid system is the greatest tool the factories ever had and use it to the last it’s completely outdated and robbing farmers



  • Registered Users, Registered Users 2, Paid Member Posts: 4,410 ✭✭✭kk.man




  • Registered Users, Registered Users 2 Posts: 152 ✭✭nearlybreak


    well paid to agreed to it as in brown envelopes thst 30 month rule is Criminal just there to force lads to sell it’s just shocking stuff



  • Registered Users, Registered Users 2 Posts: 21,504 ✭✭✭✭Water John


    The 30 month rule was a right stitch up.



  • Registered Users, Registered Users 2, Paid Member Posts: 20,926 ✭✭✭✭Bass Reeves


    30 months was originally brought in because of BSE. It was used to restore customer confidence in beef. When QA was brought it to try to improve beef prices it was tied to 30 months.

    At the time there was lots of suckler bred cattle and heavy cattle were an issue for processors so it was used to limit carcasse weights. I have more of a problem with no QA paudvon P grade cattle U 30 months or only 12c for O- cattle. However I do not get too hung up on it.

    The move now is to reduce slaughter age so it's not going to change

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 152 ✭✭nearlybreak


    the rule was brought in by the factories to make sure cattle came on stream in September while Whst your saying is true to a certain extent the real reason is to flush out cattle and don’t think otherwise



  • Registered Users, Registered Users 2, Paid Member Posts: 20,926 ✭✭✭✭Bass Reeves


    30 months was a regulation brought in regard to BSE. Cattle over 30.months had to be tested. If I remember right in abattoir the order of slaughter was U30 months cattle, over 30 month cattle and then cows.

    I think even before QA there was an extra insurance charge on over 30m cattle and either a reduced price or was it a flat fee to cover the costs involved. In the event of an animal failing the test the carcasse either side of it were send off as SRM again if I remember right.

    There was significant variation In price and processors often only killed U30m for periods in the autumn

    QA was bought in the mid noughties. 30 months was set as the age limit and other penalties were disregarded with the exception of insurance costs. Even up until 5-6 years ago some markets would not accept over 30.month Irish cattle

    Did the processors use it to there advantage . Yes they did they used it to flush out cattle and to start the Autumn price pull in August., However 30 months was not originally bought in by processors

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 152 ✭✭nearlybreak


    when cattle are plentiful only these rules apply when there is as a scarcity not one agent will ask you the age of your cattle and they will buy them flat as well the grid and it’s system isn’t fit for purpose and there’s something very wrong when a man can get more for a near 20 year old cow than a 33 month old bullock of the same grade



  • Moderators, Society & Culture Moderators Posts: 12,937 Mod ✭✭✭✭blue5000


    Not saying it's right, but there could be a niche market for heavy R grade cows in France. They could be going there as sides without being boned out, so maybe more profitable than the bullocks. We look down on cow beef, but the French don't.

    If the seat's wet, sit on yer hat, a cool head is better than a wet ar5e.



  • Advertisement
  • Registered Users, Registered Users 2, Paid Member Posts: 20,926 ✭✭✭✭Bass Reeves


    Agreed as well a significant amount of prime U30 month beef being minced now as the demand for other cuts has decreased. Heavier steer carcasses as well have limited steak value. It's why there is usually a 10c/ kg premium on heifers over steers because of lighter carcasses.

    When silage is plentiful after a short winter you will buy the best of bale silage for 20-25 euros per bale, after a long winter and it looks as if there is no end to it and silage is scarce you could be paying 50-60/ bale. It's called market forces.

    Post edited by Bass Reeves on

    Slava Ukrainii



  • Registered Users, Registered Users 2, Paid Member Posts: 4,410 ✭✭✭kk.man


    I get the bse 30month thing plus the 4 movement rule but so many times this year you could have sold a 4 year old bullock or heifer at the same price as one under 30 months. The factories can't be allowed to change the rules when it suits them.

    Like now they are importing an amount of beef and processing it to keep their orders. I would love to bring store cattle to Carlisle but im not allowed.



  • Registered Users, Registered Users 2 Posts: 2,372 ✭✭✭limo_100


    and that beef is sold as Irish beef because it’s processed here. Used to do that in a Kildare town factory with sheep. Cut the uk stamp off the sides off lamb process the lamb into Irish lamb



  • Registered Users, Registered Users 2 Posts: 1,725 ✭✭✭weatherbyfoxer


    Agent due here tomorrow,any word on quotes?



  • Registered Users, Registered Users 2 Posts: 161 ✭✭Jack C


    Kepak Kilbeggan quoting €7.10 base for steers.



  • Registered Users, Registered Users 2 Posts: 1,002 ✭✭✭leoch


    Were is keepak feedlot farm I seen a short vid on farmers journal Facebook

    Managed by a donegal lad



  • Registered Users, Registered Users 2 Posts: 349 ✭✭locha


    not far from their factory in Clonee



  • Registered Users, Registered Users 2, Paid Member Posts: 4,410 ✭✭✭kk.man




  • Registered Users, Registered Users 2 Posts: 2,372 ✭✭✭limo_100




  • Advertisement
  • Registered Users, Registered Users 2 Posts: 4,845 ✭✭✭Robson99


    Not sure....there doesn't appear to be much bite on heavy cattle in the marts...very conflicting reports coming back from agents...one hand saying they have bottomed out the other saying they will be sub €7 in the next few weeks



Advertisement