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Beef price tracker 2

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Comments

  • Registered Users, Registered Users 2 Posts: 3,435 ✭✭✭Jb1989


    Bit strange that, only one agent I'm dealing with currently is waiting on me to give go ahead.



  • Registered Users, Registered Users 2, Paid Member Posts: 3,018 ✭✭✭DBK1


    Week after next is best case scenario for any of the factories around the midlands at the moment.



  • Registered Users, Registered Users 2, Paid Member Posts: 3,018 ✭✭✭DBK1


    Duplicate post.



  • Registered Users, Registered Users 2, Paid Member Posts: 22,102 ✭✭✭✭Bass Reeves


    Last year we killed 1.6 million cattle. In 2024 we slaughtered 1.8 million. It is my opinion that anything from 70-120k were carried over into this year. I think we will slaughter 1.6 million plus this year. The cartel is operating a quota scheme and o ly killing to fill contracts. Little by little the independents will pull back there price to reduce the gap with the big three.

    As usual the Competition Authority will say nothing to see here. The food regulator is useless as well.

    Slava Ukrainii



  • Moderators, Society & Culture Moderators, Paid Member Posts: 4,972 Mod ✭✭✭✭Siamsa Sessions


    Neighbour claims a factory agent told him cull cows are keeping them ticking over at the moment but they’ll be looking for cattle again in April.

    But this could nothing more than yet another story.



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  • Registered Users, Registered Users 2 Posts: 955 ✭✭✭grange mac


    I just cut my losses yesterday and sent them to mart..…won't say my opinion of factories... they just lowest of low. Prices will probably rise in April may... but slowly and then they make you feel like a begger for asking for another 5c on a **** price 😳.



  • Registered Users, Registered Users 2 Posts: 1,926 ✭✭✭weatherbyfoxer


    30c on off beef and lads still paying over €500 for 3 week old tradional breed calves and over €4/kg for the same stock as yearlings.

    Im told we will be looking at €6.50/kg soon



  • Registered Users, Registered Users 2, Paid Member Posts: 3,785 ✭✭✭50HX


    Its hard to see any yearlings sub 4/kg, sometimes in Fr ( Frx thrown in) but the breed bonus for AA&HE out of dairy cross is adding 150 to the price imo.

    I doubt the new requirements re breed bonus will have any short term impact.



  • Registered Users, Registered Users 2 Posts: 3,097 ✭✭✭limo_100


    yes but the pull in beef price is not being reflected in the mart anyone with he and aa just needs to avoid the factory gangster cartel scumbags and there is 3.80 to 4 a kg available in the mart which I make it to be roughy 7.50 a kg in the factory.



  • Registered Users, Registered Users 2 Posts: 1,926 ✭✭✭weatherbyfoxer


    Heavy cattle seem to be slipping away in the marts with grass cattle drawing the bigger price per kg



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  • Posts: 0 ✭✭✭ [Deleted User]


    those yearling hex cattle are nearly the worst value in marts

    a lot of buyers for them

    im not involved with bucket calves but a friend of mine told me the condition of calves are much better than 5 years ago

    shiny coats and actually are their ages



  • Registered Users, Registered Users 2 Posts: 9,657 ✭✭✭tanko


    If you think calves and weanlings are too expensive to buy why don’t you get a batch of cows and heifers and produce your own cattle, you won’t be long getting your eyes opened.



  • Registered Users, Registered Users 2 Posts: 1,031 ✭✭✭leoch


    U may finish all ur weanlings then so tanko

    U might get urs eyes opened too



  • Registered Users, Registered Users 2 Posts: 9,657 ✭✭✭tanko


    I’ve done both, i know which has more work in it.



  • Registered Users, Registered Users 2 Posts: 1,811 ✭✭✭Anto_Meath


    @leoch the most profitable is to produce your own and bring them to factory fit... or U grade bull weanlings for export. Until last year you were better off going the whole way to the hook that way you were fully in control of everything & not leaving anything for the vultures around the ring.

    But currently you would be best to bring all to the mart.



  • Registered Users, Registered Users 2 Posts: 1,926 ✭✭✭weatherbyfoxer


    Eyes well open here,we had a herd of 50 sucklers at home for 20 year supplied a nice few e and u grade weanlings for exsport..My point is the price of stock isn't going to leave much of a margin if beef heads towards the 6 euro mark.



  • Registered Users, Registered Users 2 Posts: 3,097 ✭✭✭limo_100


    but the stock bought today won’t be sold for 2years. I will be buying later in the year an I will have to give the going rate for them regardless off the beef price at that time. I need to have them cattle to sell in spring 27 to keep myself afloat, even if the profit on the is low I still need the turnover



  • Registered Users, Registered Users 2, Paid Member Posts: 22,102 ✭✭✭✭Bass Reeves


    Finished cattle have slipped 70c/kg from the peak base price. On a 300kg carcasse that is 200 euro per head. Just like the rise in value was reflected in calve prices the reduction will filter through as well.

    For the last 12 months the calf producer was rewarded. However finished beef price is always reflected in the market at some stage. Only AA and maybe HE are constantly reflecting finished factory price in the marts at the moment. The processors are starting to back up cattle

    Post edited by Bass Reeves on

    Slava Ukrainii



  • Posts: 0 ✭✭✭ [Deleted User]


    finishing homebred animals is a nice job and takes up no time at all compared to calving cows and keep everything right

    more profit to sell good bull weanlings for export now tho



  • Registered Users, Registered Users 2 Posts: 417 ✭✭grass10


    No need to talk the price down to 6.50 the factories are well able to do that job who ever told you this probably knows very little about price like most people, the dealers/ agents usually know nothing until each Fri morning as to what next weeks official quotes will be like happened last Friday I heard plenty got some shock

    The yearlings and calf price rarely reflect the factory price

    Post edited by grass10 on


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  • Registered Users, Registered Users 2 Posts: 9,657 ✭✭✭tanko


    https://www.boards.ie/discussion/comment/124296108#Comment_124296108

    You should know better so then. When cattle bought in Summer 24 for €1200 were being sold for €3000 12 months later and the finisher made far more profit than they expected, did they go back to the seller and share the windfall with them , did they fcuk.

    There was no problem with the price of calves, weanlings and stores then of course, but when the shoe is on the other foot finishers think that the farmer producing the cattle for them should accept a sh1te price so they are guaranteed a healthy profit margin, just the usual hypocrisy i suppose.



  • Registered Users, Registered Users 2 Posts: 1,926 ✭✭✭weatherbyfoxer


    So somebody finishing stock should for go profit to keep the farmer calving cows in a job?..really?



  • Registered Users, Registered Users 2 Posts: 9,657 ✭✭✭tanko


    Your original point was that calves and yearlings are too expensive, you think they should be cheaper so that farmers calving cows make a loss and you pocket all the profit when the cattle are slaughtered.
    You want farmers calving cows to for go any profit to keep you in a job.
    The problem at the moment isn’t the price of calves or yearlings it’s the factory price but you chose to ignore that for some reason



  • Registered Users, Registered Users 2 Posts: 3,044 ✭✭✭older by the day


    How many years did bucket fed yearlings 320kgs make 7 or 8 hundred euro. Same with suckers, how many late female calves were sold lims and chars, 250kg, 6 or 700 in Novs. Keep a cow for that.

    When the likes of skib mart, would be selling till 6 in the evening. The reason they are expensive now is because they are scarce. Fellas have copped on, with the price of land, fert, nuts,, .

    I see a small pocket of land near schull, 480/acre for letting at the moment. It wasn't long ago, that would go half way in buying it.

    Get your few hundred as a 3 wk old calf and put it in your pocket



  • Registered Users, Registered Users 2 Posts: 3,097 ✭✭✭limo_100


    the problem is the factory’s are gangsters that’s the real problem. Beef should be at 7.30 base price in line or slightly behind the uk. The tramps here are trying to back up the cattle so they can control the flow off cattle all year to keep the price down. Michael fitzmorrise done a video yesterday where he calls out the cartel and is going to get the government to go investigate but they won’t do it.



  • Registered Users, Registered Users 2, Paid Member Posts: 22,102 ✭✭✭✭Bass Reeves


    Finishers went out last Autumn and paid up on 4.5/ kg for AA/HE cattle. Those cattle are now not leaving a margin. Up until lately I would have said on balance the prices reflect the finished beef price. But for the last month calves and stores are a tad expensive compared to the present price and outlook.

    A finisher or store producer works on there margin. Gennerally they buy in marts where its a compeditive environment. I buy at a certain price point beyond that I will leave cattle behind me.

    Post edited by Bass Reeves on

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,926 ✭✭✭weatherbyfoxer


    You completely out by the side of it regarding my first post.My point was regarding dairy beef be it suck calves or dairy x yearlings.Maybe im no good at my system but a 3 week old angus or hereford calf costing over €500 at the current beef price doesn't leave a worthwhile margin in my opinion.Thats not a dig or a remark towards people breeding cattle.



  • Registered Users, Registered Users 2 Posts: 5,079 ✭✭✭Robson99


    They did give it back to them in Summer 25 when they went back to buy replacements



  • Registered Users, Registered Users 2, Paid Member Posts: 22,102 ✭✭✭✭Bass Reeves


    We all know that processors operate a cartell. However only about 50% of beef goes to the UK market. At present our other markets are similar to UK price in the 7.3-7.4 bracket. We have a premium product but its not reality to think we can get a similar price to national products of these countrues. If we can operate within 50-100 euro per hear of there price we are doung well. We are dropping below that at present but were up at and above it for the last 12 months.

    Sometimes you have to take ot on the chin. Lads decided to hold cattle last year. It forced the price up as processors struggled to fill contracts. Quid quo pro they are not going to get caught tbis year. First loss is the chespest loss. Keep them moving if they are finished. Unless the Northern buyers make a significant difference in the next few weeks it will be a long 10-12 weeks evennif it stops at that.

    Slava Ukrainii



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  • Registered Users, Registered Users 2, Paid Member Posts: 22,102 ✭✭✭✭Bass Reeves


    Kill climbed another 500 odd. YB down 200 steers up 500, cows up 250 and heifers down 200. Factories keeping a tight rein on numbers making sure they have numbers for contracts for forseeable future.

    Slava Ukrainii



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