beef price tracker

rancher · 19-12-2013 01:00AM

bob charles wrote: »

considering we are all getting a bit of a burning for the last few months, we will be dry roasted during the next few if things dont swing. Nothing unusual for us I suppose. Play with fire, get burnt with fire.

Farmers fattening only a few haven't a hope, you have to be buying straights in bulk at best price to be in with a chance.
Once the animal gets to a year old, you're better to let him go if you haven't a reasonable no.

manjou · 19-12-2013 09:12AM

Factories agenda is to make as much money as possible for themselves as possible and they will use any means they can to do this.They know how much beef is in the country as icbf publish these figures regurley and all they do is get the contracts to supply this amount of beef and no more so they are not competeing for cattle that are not there to fill extra contracts.As for specs for cattle if they want them with pink spots to get top prices then that is what you give them or try to anyway after that its up to you.

locky76 · 19-12-2013 11:09AM

rancher wrote: »

Farmers fattening only a few haven't a hope, you have to be buying straights in bulk at best price to be in with a chance.
Once the animal gets to a year old, you're better to let him go if you haven't a reasonable no.

Wouldn't agree at all, i think you're more exposed to the markets bringing the animal to the mart, selling in a late lot, dealers going against you, animal getting a puck and looking poorly can all go against you.
At least with the factory you know what price you're going to get, what weight your animal will kill out at and an idea of their fat score & grade...

biddy2013 · 19-12-2013 03:44PM

Pb aa heifer sent last week 326 kg 3.76/kg r5 1227.04

Cavanjack · 19-12-2013 03:53PM

biddy2013 wrote: »

Pb aa heifer sent last week 326 kg 3.76/kg r5 1227.04

Was she over age? Thought you'd get at least €4kg for her

Farmer Pudsey · 19-12-2013 03:55PM

biddy2013 wrote: »

Pb aa heifer sent last week 326 kg 3.76/kg r5 1227.04

They are doing what they like with out of spec cattle. Really have to watch fatscore on WH and AA heifers.

biddy2013 · 19-12-2013 04:02PM

Cavanjack wrote: »

Was she over age? Thought you'd get at least €4kg for her

Think April 2011. She was my dads he was in no rush to sell het. I would have had her gone to aa scheme ages ago

severeoversteer · 19-12-2013 04:19PM

locky76 wrote: »

Wouldn't agree at all, i think you're more exposed to the markets bringing the animal to the mart, selling in a late lot, dealers going against you, animal getting a puck and looking poorly can all go against you.
At least with the factory you know what price you're going to get, what weight your animal will kill out at and an idea of their fat score & grade...

you can bring the animal home from the mart

you cant sow the head back on them though when the price is an issue

in the journal today theres a breakdown of margins on beef farms over last 3 years,

margins are all very well but the profit is what matters, the best beef farms were down at 120 euro an acre profit, sure that's nothing !

bob charles · 19-12-2013 05:47PM

biddy2013 wrote: »

Pb aa heifer sent last week 326 kg 3.76/kg r5 1227.04

overfat and overage, thats the price

biddy2013 · 19-12-2013 07:00PM

bob charles wrote: »

overfat and overage, thats the price

i know

dzer2 · 20-12-2013 03:18PM

severeoversteer wrote: »

you can bring the animal home from the mart

you cant sow the head back on them though when the price is an issue

in the journal today theres a breakdown of margins on beef farms over last 3 years,

margins are all very well but the profit is what matters, the best beef farms were down at 120 euro an acre profit, sure that's nothing !

I highlighted this bit I wouldn't be far off that per head of cattle atm and I buy in all concentrates and the calf. I know a lot here don't agree but this will be the way in the future there will be no cattle in the field and farms will be more efficent. I need to export a lot of slurrry to stay in side the nitrates amount but when they do away with the SFP then they can F**K OFF as well and I will do what I like. There are a good few lads the same way around here and even if the keep the SFP they will have to up the payment to be worth adhering to rules.

Midlandsman80 · 20-12-2013 03:19PM

trying to get 4 heifers killed in the midlands the last 2 weeks and cant get them in anywhere...AAX, QA farm, all 30months and I hope will just make it as R's (2 of them anyway) , my worry is now going too much over the 30months and getting too fat.... have been getting 4-5kgs of maize meal for the last 10-12 weeks and silage the last 3 weeks....if had killed them 7 months ago id have been better off...Ballyhaunis will take but at a very low base

rancher · 20-12-2013 04:06PM

dzer2 wrote: »

I highlighted this bit I wouldn't be far off that per head of cattle atm and I buy in all concentrates and the calf. I know a lot here don't agree but this will be the way in the future there will be no cattle in the field and farms will be more efficent. I need to export a lot of slurrry to stay in side the nitrates amount but when they do away with the SFP then they can F**K OFF as well and I will do what I like. There are a good few lads the same way around here and even if the keep the SFP they will have to up the payment to be worth adhering to rules.

Not that simple, the rules of the nitrates are the law now, so instead of a penalty on SFP, you'll be fined

Farmer Pudsey · 20-12-2013 06:04PM

Midlandsman80 wrote: »

trying to get 4 heifers killed in the midlands the last 2 weeks and cant get them in anywhere...AAX, QA farm, all 30months and I hope will just make it as R's (2 of them anyway) , my worry is now going too much over the 30months and getting too fat.... have been getting 4-5kgs of maize meal for the last 10-12 weeks and silage the last 3 weeks....if had killed them 7 months ago id have been better off...Ballyhaunis will take but at a very low base

My own opinion is that the so called glut of cattle at present is factory created. They were very active in the marts in September for AA/HE cattle. These cattle are now coming fit. The question is if this is the case is it anti competitive. I wonder if the Competition Authority will investigate same. It amazing that the big two filled there feedlots at the same time.

Was this to wipe out the over 16 month market and forces farmers to produce less profitable cattle. More than one finishers was told that there was no issue with Bulls unless they were over 24 months. I wonder should we all send a letter to the Competition Authority looking for factory's to be prevented from finishing cattle and using same to manulipate the market.

It very easy to pay tough if you have 20K prime cattle to back it up.

Are these heifers over 30 months or under.

Midlandsman80 · 20-12-2013 07:04PM

bang on 30 months...or within 2 weeks either side of it... was putting weight on them and hoping for a lift in the last few weeks so that seems to have backfired... they may not penalise for age if I get them in 1st wk of Jan

Farmer Pudsey · 20-12-2013 07:06PM

Midlandsman80 wrote: »

bang on 30 months...or within 2 weeks either side of it... was putting weight on them and hoping for a lift in the last few weeks so that seems to have backfired... they may not penalise for age if I get them in 1st wk of Jan

Cannot understand whay you would have an issue getting killed, you will lose the QA+AA bonus if over 30 months why did you not prebook them into AA scheme

just do it · 20-12-2013 09:29PM

Farmer Pudsey wrote: »

My own opinion is that the so called glut of cattle at present is factory created. They were very active in the marts in September for AA/HE cattle. These cattle are now coming fit. The question is if this is the case is it anti competitive. I wonder if the Competition Authority will investigate same. It amazing that the big two filled there feedlots at the same time.

Was this to wipe out the over 16 month market and forces farmers to produce less profitable cattle. More than one finishers was told that there was no issue with Bulls unless they were over 24 months. I wonder should we all send a letter to the Competition Authority looking for factory's to be prevented from finishing cattle and using same to manulipate the market.

It very easy to pay tough if you have 20K prime cattle to back it up.

Are these heifers over 30 months or under.

A good idea as if it is true it is market distortion. Surely that is what the IFA are for?

Farmer Pudsey · 20-12-2013 10:01PM

just do it wrote: »

A good idea as if it is true it is market distortion. Surely that is what the IFA are for?

Of course it is market distortion, it either controls prices when they rise or if an excess of cattle it allows them to drop prices, so it is heads they win control prices or tails you lose the cattle that they are losing money are allowing them to drop the price of other cattle.

The IFA bite the hand that feeds it no easier to run around a supermarket, put a few sheep into the Department or arrange a Tractorcade to Dublin. Make an official complaint to the Competition Authority that might have to investigate and take action.

On marches and Tracorcades how long before the new man will arrange one. all the previous Presidant's for a good while had a march or a Tractorcade. Will it be in 2015 or 2016 there are the most likely years. We could have a lotto with the year and months

TUBBY · 20-12-2013 10:22PM

Farmer Pudsey wrote: »

Of course it is market distortion, it either controls prices when they rise or if an excess of cattle it allows them to drop prices, so it is heads they win control prices or tails you lose the cattle that they are losing money are allowing them to drop the price of other cattle.

The IFA bite the hand that feeds it no easier to run around a supermarket, put a few sheep into the Department or arrange a Tractorcade to Dublin. Make an official complaint to the Competition Authority that might have to investigate and take action.

On marches and Tracorcades how long before the new man will arrange one. all the previous Presidant's for a good while had a march or a Tractorcade. Will it be in 2015 or 2016 there are the most likely years. We could have a lotto with the year and months

I think you are genuinely on to something Farmer Pudsey. We should act as a proper concerned group here to make something happen. Best idea I have seen on Boards for a long time. Like Rancher often says, we are quick to give out but don't act.

Anyone any suggestions for the best way to approach this.
Separate correspondence to authority or a united one with pre-agreed wording.

Along with what you suggested, we could raise access to CMMS being disadvantageous to suppliers.

Also perhaps the grid system could be addressed and changed to % of price rather than a set Xc rise or drop regardless of price.

rancher · 20-12-2013 10:57PM

Farmer Pudsey wrote: »

Of course it is market distortion, it either controls prices when they rise or if an excess of cattle it allows them to drop prices, so it is heads they win control prices or tails you lose the cattle that they are losing money are allowing them to drop the price of other cattle.

The IFA bite the hand that feeds it no easier to run around a supermarket, put a few sheep into the Department or arrange a Tractorcade to Dublin. Make an official complaint to the Competition Authority that might have to investigate and take action.

On marches and Tracorcades how long before the new man will arrange one. all the previous Presidant's for a good while had a march or a Tractorcade. Will it be in 2015 or 2016 there are the most likely years. We could have a lotto with the year and months

I thought the veg protest yesterday was good, made the news anyway, those cheap veggies are causing havoc all over the country.
IFA has already complained to comp authority to no avail, maybe 500 separate letters to them from farmers might work

mikeoh · 21-12-2013 01:00AM

Anyone have any recent quotes c/kg QA ?

bob charles · 21-12-2013 01:05AM

I really dont see that much issue, what are we talking about is only 15k animals every 6 months. Nothing that is going to distort the trade that much, you could claim it puts a floor under the live trade when they are buying aswell. Considering they will slaughter those animals weekly for over 6 months of the year how much of a difference does it make. Its the same as merchants growing grain, in the whole scheme of things their 1000 ac aint going to make much of a difference. The factories would claim that they are at this years going back to when there was a seasonal supply. Its not nice taking another pasting which is what is currently happening but it was on the cards at what the backend price of beef was going to be. It has being another year where the best price for cattle has being what was paid around the 1st of November.

manjou · 21-12-2013 09:07AM

This amount of cattle being killed this winter has been on the cards since spring 2012 when cattle where to dear to be exported and people where paying daft money for calves these will have to go through the system before any improvement in price.

Farmer Pudsey · 21-12-2013 11:39AM

bob charles wrote: »

I really dont see that much issue, what are we talking about is only 15k animals every 6 months. Nothing that is going to distort the trade that much, you could claim it puts a floor under the live trade when they are buying aswell. Considering they will slaughter those animals weekly for over 6 months of the year how much of a difference does it make. Its the same as merchants growing grain, in the whole scheme of things their 1000 ac aint going to make much of a difference. The factories would claim that they are at this years going back to when there was a seasonal supply. Its not nice taking another pasting which is what is currently happening but it was on the cards at what the backend price of beef was going to be. It has being another year where the best price for cattle has being what was paid around the 1st of November.

Bob I have to disagree I think that the factory's have finishing lairages for near 20K cattle maybe they do not fill them all the time but the can and do at times

freedominacup · 21-12-2013 02:17PM

Farmer Pudsey wrote: »

Bob I have to disagree I think that the factory's have finishing lairages for near 20K cattle maybe they do not fill them all the time but the can and do at times

I doubt if the number is that small Pudsey. If it is there's 10% of it within 10 miles of me maybe more and that's just owned stuff.

dzer2 · 21-12-2013 06:49PM

I dont get this Factory only able to sell small cuts at a profit. There is a guy not far from me that buys old cows and finishes them for slaughter he sends about 4k a yr. I dont believe that the factory cant sell this meat and he is doing it at loss. And if he is operating that size of a feed lot each factory must have feed lots 5 times bigger.

Marooned75 · 21-12-2013 06:53PM

ABP Food Group has expanded its operations in Poland with a deal to buy a second production facility in Klosowice, in the west of the country.

The company said the new facility will increase its production capacity in Poland to over 100,000 animals a year.

ABP first entered the Polish market in 2011 through the acquisition of a plant in Pniewy. This plant now employs over 130 people.

Production at the new facility is expected to start in February.
"After Ireland, Poland is the second largest beef exporter to the European market and this expansion will allow ABP Poland to further solidify our position as a sustainable supplier of high quality Polish beef products to customers throughout Europe," commented the company's chief executive Paul Finnerty.

"When we entered the Polish market we intended to build a business of significant scale, and this acquisition is a continuation of that strategy," he added. Makes ya wonder

cute geoge · 21-12-2013 07:01PM

Marooned75 wrote: »

ABP Food Group has expanded its operations in Poland with a deal to buy a second production facility in Klosowice, in the west of the country.

The company said the new facility will increase its production capacity in Poland to over 100,000 animals a year.

ABP first entered the Polish market in 2011 through the acquisition of a plant in Pniewy. This plant now employs over 130 people.

Production at the new facility is expected to start in February.
"After Ireland, Poland is the second largest beef exporter to the European market and this expansion will allow ABP Poland to further solidify our position as a sustainable supplier of high quality Polish beef products to customers throughout Europe," commented the company's chief executive Paul Finnerty.

"When we entered the Polish market we intended to build a business of significant scale, and this acquisition is a continuation of that strategy," he added. Makes ya wonder

I don't think this any good to beef men .This autumn polish culls cows beef was the main blame fo the bad quotes

mf240 · 21-12-2013 07:09PM

Farmer Pudsey wrote: »

Bob I have to disagree I think that the factory's have finishing lairages for near 20K cattle maybe they do not fill them all the time but the can and do at times

But with regard to your competition authority. The factorys bought those cattle on the open. market and then took them on to finish. There is no real reason they can't do that, they are simply sourcing some of ; their raw material at an earlier stage. ( now I agree with you but just pointing how hard it would be to prove)

Farmer Pudsey · 21-12-2013 07:32PM

mf240 wrote: »

But with regard to your competition authority. The factorys bought those cattle on the open. market and then took them on to finish. There is no real reason they can't do that, they are simply sourcing some of ; their raw material at an earlier stage. ( now I agree with you but just pointing how hard it would be to prove)

Buying in an open market is not an issue. However if they use these cattle to systematically control the finished cattle market (supply control) this is a form of insider trading. It is similar to Board members of company's buying or selling shares while in procession if business information, or a sharedealer selling loads of shares in a company so that it collapses the price so that he can buy those share cheaper.

Yes it is hard to prove but surly the CA can look and see if there is a pattern. They can also see if the factory's bought more cattle than usual last September or if they previously bought that amount at that time of year. Also they could look to see if more than one factory was unusually active (collusion) in the market.

Even if it was not proven it would make the factory's more wary of using supply control methods to effect prices of cattle.

beef price tracker

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