Beef price tracker 2

Myself, Robson, KKman and a few more have been on this forum for a decade or more. We have seen good times and bad times. We have dealt with price rises and falls. I remember 10+ years ago when it first broke the 4/ kg barrier and rose to 4.5/ kg one June before getting to 3.9/ kg that September.

It nothing about being happy it's an upfront understanding of way the markets work. Most traders are struggling with the yoyo effect of the market. Sell at the wrong time and you are squeezed buying replacements. There is an expectation by some that the market will keep rising this is fueling prices.

You already stated something that should have rung a bell with you.

IMO and it's an opinion the kill was artificially low the last 6-8 weeks we could see a strong throughput for the next 4-6 weeks as 7 month cattle and grass cattle come to market as well as cattle where lads were .maximising weight. I think kill numbers are lower than they should be. As well.the good weather allowed dairy farmers to hold abd milk cows right up to now. You will see substantial numbers of parlour cows over the next month.

You are.lucky if he is guaranteeing a price normally if processors see 1-2 weeks kill in front of them.they start the booking in system whereby you have to book them in and accept the strike they quote in 1-2 weeks time

I think processors are hesitant at present to drop prices ( very unusual for them) because they called it wrong twice this year. However the danger is the kill stay strong for 3-4 weeks and there is very strong numbers of grass and 7 months cattle. Christmass kill will end in 3-4 weeks time, Then the lull untill it picks up after Christmas. They could decide to get contracted finishers to hold cattle for15-30 days longer.

If they manage that they can back.up the ordinary lads cattle. Shed cattle cannot be continually fed on

I actually agree with you and bass bit left in it this side of christmas i would think but it will drop somewhat after christmas as I think a lot of lads have held cattle due to tax

went out for Sunday lunch yesterday and the beef was more expensive than the lamb. First time I’ve seen that

was travelling back from cork last week and stopped off at corrib court hotel between fermoy and Mitchelstown on the old Dublin road. Use to frequent that road and places lit .

It was very quiet I ordered a steak and my daughter na chicken tenders and chips. Two glasses of coke and a cup of tea at the e end. €65 euro. Crazily for what it was but probably good value now days. Good feed in fairness u wouldn’t have to be looking for something later in evening. .

https://m.independent.ie/farming/beef/cattle-kill-forecast-to-be-back-by-up-to-50000-head-next-year/a1079911228.html

How can this be so complicated

It's not the article is saying that some farmers have held on to cattle longer than normal whether to put more weight on them, to avoid a tax bill or because it's harder to replace.

7 month cattle are an obvious issue many lads did not buy until April and May these are only becoming available now. The dairycows was obvious from weeks ago with the weather.

I think the could be underestimating the kill next year if cattle are head back. If prices are climbing lads get fond of cattle, if they start seriously dropping they will dump them into the mart or factory. Do you remember June was it two years ago you told a procurement manager that you stop sending in under finished cattle when he stopped dropping the price

I don't have access to the full article. I don't think thesre are much 7 month stock out there my land wouldn't take cattle now and very few of those lads have sheds to put them. Putting them in sheds for a few weeks would only set them back.

If there's fellas holding for January because of tax the kill figures will soon tell us that.

The Biggest threat to cattle prices next year is dairy cows. Milk price looks to be very vulnerable according to forecasts.