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Beef price tracker 2

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Comments

  • Registered Users, Registered Users 2 Posts: 7,666 ✭✭✭amacca


    I'd tell them to go **** themselves by thanking them for the info and holding on to the cattle.....guarantee they'll be doing that man no favours when they do take them...

    The next time they'd be getting cattle from me they'd be contacting me looking for them.



  • Registered Users, Registered Users 2 Posts: 7,666 ✭✭✭amacca


    Agreed, I knew it when I was buying them....these ones will probably be loss making......but you are locked in to a degree and its hard when you are at the table not to keep rolling the dice!



  • Registered Users, Registered Users 2, Paid Member Posts: 4,784 ✭✭✭kk.man


    Abp Poland is paying more for polish cattle than in Ireland. UK beef is slightly up, what a shower.

    They made their millions off the backs of irish Farmers, their plants were so profitable they moved to the UK and got control there. When they almost went under every irish beef farmer paid by cheap beef to get them back.

    Now they are doing it again to recoup their losses of last year. Ordinary farmers should call a halt to their winter finishing animal and put them out on grass, stop making the rich richer.

    Irish beef is their most profitable of all.



  • Registered Users, Registered Users 2 Posts: 165 ✭✭Jack C


    Not looking great. Quoted €6.70 for a few bullocks this week. The spin is they're getting it hard to get rid of it. Might have to wait till next week get them in anyway.



  • Registered Users, Registered Users 2 Posts: 1,636 ✭✭✭epfff


    Will they take them this week?

    If so can you pm me the location as I'm now been pushed off with last weeks cattle until next week in one outlet. Another telling me they will call me and the other I contacted telling me they don't want cattle as UK full of beef from Australia.

    Cattle backing up in some yards I think.



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  • Registered Users, Registered Users 2, Paid Member Posts: 4,784 ✭✭✭kk.man


    They are still able to kill 30k a week and move that product.

    I said it before there has be another protest.

    Cows increased by 10p in one UK firm this week. They are taking us for absolute fools.



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


    If you look at it from a purely business point of view they probably learned their lesson last year that raising prices doesn’t create any more cattle that weren’t there anyway so they’re probably saying what’s the point. They’ll just sit and wait and the cattle will eventually come to them.



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


    Id be expecting it to level off around €6.50 base



  • Registered Users, Registered Users 2 Posts: 3,095 ✭✭✭limo_100


    they are making fools of us 100% we are the beef clowns of Europe as always



  • Registered Users, Registered Users 2, Paid Member Posts: 4,784 ✭✭✭kk.man


    I wouldn't bank on it.

    When the barons smell money nothing to stop them. We are the engine of Europe so they can effectively pull the price there and the UK based on going to town on the Irish beef farmer.



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  • Registered Users, Registered Users 2, Paid Member Posts: 22,097 ✭✭✭✭Bass Reeves


    They got caught last year by contracting too much beef early in the year, thry still over contracted intonthe summer. In the autumn they just got caught by a perfect storm. A good autumn allowed lads to continue to carry cattle outside, lads held back cattle first tomput on more weight and then to avoid a 2025 tax issue by selling in 2026.

    Stupidity is continuing to do the same thing and expect a different result. One thing about processors continuing being stupid is not in there forte.

    If a protest is where it goes realistic aims are necessary. Its changes to regulations and pricing models to be displayed by processors and available to all farmers

    Slava Ukrainii



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


    You are doing a lot of harm to yourself by ringing different factories unless you have been regularly supplying cattle to a factory don't ring them begging them to take cattle that's why they are dropping the price because lads are ringing around and begging factories to take cattle

    I don't see much fat bullocks or heifers in marts with the last week, their was a good lot of fat cattle in marts 2 weeks ago when lads started to panic I'm thinking lots of people are putting in store cattle to factories and playing into factories hands



  • Registered Users, Registered Users 2, Paid Member Posts: 4,784 ✭✭✭kk.man


    Agriland.ie saying the average price of steers last week was 7.31 I don't know of any steer getting that price. They must have killed all E grade cattle that week! I have been harping on about this for months now. Factories are paying big money to any select few to screw the rest of us. They are totally in command and control mode now. I'd be very wary of buying any class of a beast now.



  • Registered Users, Registered Users 2, Paid Member Posts: 22,097 ✭✭✭✭Bass Reeves


    Kill Dropped by 1k from33 to 32k. Steers back by 1k, heifers and cows by 300 each. According to the FI in the South there is a 10-14 day waiting period and farmers being given a take it or leave it price.

    I agree about ringing around different factories for prices at present there is plenty of stock about and basically you iust have to wait it out. It could turn in 3-4 weeks time but we have 1 if not 2 short weeks around Easter, it will be after that before we may see a rise in prices. I would say most cattle going in would have a good level of finish on them.

    If you have a record of pulling cattle and jumping from one factory to another at times like this they will let you wait. Its a matter of sitting it out.

    I be thinking the same.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,636 ✭✭✭epfff


    Your advice is similar to advising not to make tae in chocolate teapot. If the young lad said something like that to me he would be ate.

    I'm would speak or be in text contact with them most weeks.

    Am I the only one here that needs to keep money coming in? I don't have cash flow to sit on cattle for a month extra?

    Id have my costs worked out and feeding poor grading cattle indoor's especially once fleshed is loss making in a slow rising trade nevermind a falling one.

    Hold firm,

    the agent said,

    I know lad that,

    don't be taking it down

    won't make my repayments those statements are only suitable for lads that got Daddy's farm with a nice sfp and don't need profit from trading.

    Said it here before

    Turnover is vanity

    Profit is sanity

    Cash flow is reality



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


    Neighbour of mine might do 200 cattle per year would finish the cattle very well mixed breeds killed 1load last week in 1 factory and 1 load in another factory last week has sent cattle to both factories many times, booked in 1 factory on Saturday for supply on Thursday the other deal booked Fri for Tuesday supply at 10 cent above published prices and I saw the returns and the cattle graded very well

    Lads have to stop booking in cattle weeks ahead at unknown prices and stop begging factories to take in many cases underfinished cattle the marts have plenty half finished cattle but very few finished cattle we are way below factory prices of any country in Europe the kill numbers are going to drop imo



  • Registered Users, Registered Users 2, Paid Member Posts: 22,097 ✭✭✭✭Bass Reeves


    You have bern giving that advice for over a month now not to book in cattle. The lad that has taken your advice has seen his beef price drop 40-50c/ kg and the waiting period is 10-14 days.

    Big difference between a lad killing 200/ year mostly out of the shed over a 4-6 week period or even a lad that kills half that amount over 2-3 weeks and a lad with a load.

    However according to Micheal Coughlan in the FI large finishers in the South have to wait to get cattle booked in. @epfff is probably sending a load most week and he is struggling to get cattle slaughtered.

    Kill is 63k less than last year at this stage that is over the total predicted less cattle available this year. What you are spouting dose not add up

    Slava Ukrainii



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


    There was lads on hear last Oct / Nov advising to play chicken with the factories and to hold out for €8+. Great advice indeed, hopefully no one was silly enough to heed them



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


    I killed cattle 4 weeks ago at 2 days advance booking yet other factories were spouting 10 day wait @ the same price as Jan, I sent cattle 3 weeks ago at 3 days advance booking 7.20 grid yet other lads were talking about 2 weeks delay and booking at unknown prices, 2 weeks ago I killed at 7.10 grid no issue with booking in, you are not selling cattle and have no facts but I would advise you to book in your cattle with your local factory for late may as I believe they are taking bookings now and the kill sheets are filling fast



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


    Always kill cattle here as they come fit.If an inside man tells me there will be 10c more the next monday ill hold till then but usually ill try negotiate the best price on the day.Its a small operation here killing around 100 cattle per year so bills have to be paid,out going stock have to be replaced and margin has to be made from small turn over.I cant afford to hold finished stock weeks on end to try squeeze water out of a stone in most cases



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  • Registered Users, Registered Users 2, Paid Member Posts: 22,097 ✭✭✭✭Bass Reeves


    I will.print Martin Coughlan piece. So these Southern based finishers are BSing. You can get cattle booked in at will at 10-20c/ kg above factory quotes. You must know someone that knows someone. If that was working for most tanglers I know they would be keeping mum, and replacing what they sold......below is the piece

    The southern-based winter finisher at the end of my phone was angry. Having seen factory prices for bullocks and heifers fall from €7.10-7.20/kg at the start of February last week saw him quoted €6.90-6.80/kg for heifers and bullocks respectively with up to two weeks’ waiting time to get them away.

    Then on Friday he was told this week’s quotes from his regular factory would be back another 10c/kg for bullocks at €6.70/kg with heifers back 15c/kg to €6.75/kg. Quotes in west are reported for this week to range from €6.70/kg for bullocks with heifers on a base of €6.80/kg.

    He described this latest cut to factory quotes as “a slap in the face” for winter finishers. He also described those on the factory side at present as being incredibly “arrogant and disrespectful” in the way they are handling suppliers. The message from this man’s factory procurement officer was “The price is the price and you’ll have to get in line if you want them killed in the next week or so”.

    When asked about the price and speeding up when his factory would take them, he was told, “You can try elsewhere if you like”. So much for factory loyalty.

    Another finisher in the west told me that his factory agent told him he’d “be lucky to get his cattle killed in ten days”.

    In essence the last three months have been the equivalent of a wet October and November when numbers and conditions drive factory pricing south.

    All of this at a time when the price gap between Ireland and Britain is widening. Last week Meat Promotion Wales reported the overall average factory price for steers across Britain as being the equivalent of €7.34/kg, with the quoted base price for steers here this week at €6.80/kg; that’s a difference of 54c/kg or €189/hd on a 360kg carcass between here and the UK.

    And what of the stories of heavy cattle being bought by factory agents and dealers in marts and factory slaughtered in short order while genuine finishers are forced to wait?

    One feeder told me that he and several other feeders in his area had a strongly worded conversation with several of those buying beef for a quick turnaround in their local mart. “We told them we’d but the boot into the price and leave them up at stupid money and see how they liked it.”

    With oil companies being accused of “price gouging” in relation to fuel prices due to American attacks on Iran, those currently supplying cattle to processors here can be forgiven for feeling the same way in relation to falling factory prices delivered on the back of rising weekly kill numbers, 32,906 for the week ending March 8.

    IFA Livestock Chair Declan Hanrahan has hit out at the behaviour of meat factories in “Dropping prices for the most expensive cattle to produce when our key export markets are strong. EU prices have now surged past ours, something that hasn’t happened since the end of 2024. Factories need to urgently re-assess their behaviour of the last few weeks, stand strong and return viable prices to farmers or there will be longer term repercussions for the sector,” Mr Hanrahan stated.

    Quotes for both young bulls and culls are also back, see price table.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,636 ✭✭✭epfff


    I'll advise different

    Keep booking them this backlog is going nowhere for April and it's a long time until May.

    I do think 650 will be bottom for now if it gets that far.



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


    I purchased the paper and read the garbage for myself I never said anything about getting 20 cent more than anyone or knowing anyone I wish I did know someone high up but I don't you need to remember that the southern finisher could be a fella with 5 p grade fr/jex bullocks that factories don't want at the best of times, I never deal with the nearest factory to me as they at all times have a mystery waiting list and will at all times quote me 20 cent less than elsewhere but the sad reality is their are still people dealing with them and believing the spin they are told

    I know most lads are being put off for up to 2 weeks but if lads listened to me 4 weeks ago and all refused to wait 2 weeks that time we wouldn't be where we are now



  • Registered Users, Registered Users 2, Paid Member Posts: 4,784 ✭✭✭kk.man


    If its true lads are having to wait till May to get cattle killed 6.50 won't be the line in the sand.



  • Registered Users, Registered Users 2, Paid Member Posts: 3,784 ✭✭✭50HX


    Where are ye getting a bottoming out of 6.50 base price from lads?

    A gut feeling or based on projected numbers coming on stream post this flush of cattle?



  • Registered Users, Registered Users 2, Paid Member Posts: 22,097 ✭✭✭✭Bass Reeves


    The waiting period for most is 10-14 days. No mention of May, but some irregular suppliers ( as in usually do not deal withbthis factory) may be put on the long finger.

    A gut feeling. If they carry it too far it could have repercussions not that the competition authority or mest regulator are any use

    Slava Ukrainii



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


    https://www.boards.ie/discussion/comment/124319535#Comment_124319535

    the factories are putting out this 6.50 figure with a couple of weeks to see what the reaction is and the innocent people are falling for the spin instead of lads reminding them of the protest that shut them down 7 years ago



  • Registered Users, Registered Users 2, Paid Member Posts: 4,784 ✭✭✭kk.man


    Even if they stop at 6.50, where will it be in autumn 5.50?



  • Registered Users, Registered Users 2 Posts: 551 ✭✭✭HHH


    At €5.50 every beef farmer in the country will be gone to the wall on current weanling / store prices. Fertilizer and silage making costs are already / will have gone through the roof with the war in Iran. Even €6.50 will hardly cover the costs of production. Last year was the outlier, back to the norm of getting roasted. I doubt the cost of meal / Vets / haulage and the fertilizer/ silage costs will drop by 15 to 20% the same as the beef price has.



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  • Registered Users, Registered Users 2 Posts: 1,636 ✭✭✭epfff


    Too many moving pieces with war and all that but I'd be thinking above 6.

    It will be October 27 before it goes under 6 but more unknowns out there than ever before



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