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beef price tracker

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Comments

  • Moderators, Society & Culture Moderators Posts: 12,854 Mod ✭✭✭✭blue5000


    We have a good news report for once! As Pudsey has been saying the sums just don't add up so things have to improve coming into the winter. God help us this time 2017 I can see 3.70 being the base the way they are prick acting now with a lower number of stock in the ground. Supply and demand my hole.

    In a way the poor milk prices now might actually help beef prices in the future, if milk price stayed high, then cow numbers would be higher=more bull calves in the system.
    Lads don't realize how much the weak euro vs sterling has helped lift the beef price compared to spring '14.
    Factories using the reduced demand in China for the 5th quarter as an excuse to pull beef prices is simply that, an excuse. We all know that the fifth quarter covers the costs to run the factory, their costs if anything have gone down with crude oil price dropping.

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



  • Closed Accounts Posts: 3,239 ✭✭✭Willfarman


    China would be a better buyer for Labrador than Charolais it seems. What a load of bolox from supershinySimon and co.
    Yes cloughcasey spring 17 we are heading for another crisis.


  • Closed Accounts Posts: 3,239 ✭✭✭Willfarman


    Unfortunately poor milk price put guys in the position they have to milk more cows now just to stand still. Which is the vicious circle and the race to the bottom which was foretold but too many didn't want to hear.


  • Registered Users, Registered Users 2 Posts: 2,742 ✭✭✭CloughCasey1


    Willfarman wrote: »
    China would be a better buyer for Labrador than Charolais it seems. What a load of bolox from supershinySimon and co.
    Yes cloughcasey spring 17 we are heading for another crisis.

    It will be easy buy calves!!


  • Closed Accounts Posts: 3,239 ✭✭✭Willfarman


    It will be easy buy calves!!

    And the milk to feed em!! :p


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  • Registered Users, Registered Users 2 Posts: 793 ✭✭✭tatoo


    Any quotes for next week lads, all I'm hearing is 3.90


  • Registered Users, Registered Users 2 Posts: 2,805 ✭✭✭Cavanjack


    tatoo wrote: »
    Any quotes for next week lads, all I'm hearing is 3.90

    Heard from an agent 3.85 for bullocks (don't have any to sell) and 3.50 for o grade cows. Might be more to be got for the cows will wait till next week.


  • Closed Accounts Posts: 3,433 ✭✭✭darragh_haven


    3.95 for bullocks being sent off early on Monday morning


  • Registered Users, Registered Users 2 Posts: 2,742 ✭✭✭CloughCasey1


    3.95 for bullocks being sent off early on Monday morning

    Double is it?


  • Registered Users, Registered Users 2 Posts: 351 ✭✭Duke92


    3.90 and 3.95 for bullocks you'd want to be fairly harmless to let them of at 3.85


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  • Closed Accounts Posts: 3,239 ✭✭✭Willfarman


    5 cent doesn't make you up if you have to travel but yes I think 3.90 should be got most places anyway.


  • Registered Users, Registered Users 2 Posts: 11,660 ✭✭✭✭Base price


    Occasionally I transport cattle in the jeep/trailer to the factory for local elderly neighbours. Most of them do not have a car licence let alone a trailer licence.
    Anyway earlier this week a local man asked me to transport two dry cows to a factory. He arranged the price with the factory but when I arrived with them the lady in the office asked me were they Quality Assured.
    As far as I was aware cows are not covered by the QA scheme.
    Are the factories shifting the goal posts to suit themselves, again.


  • Registered Users, Registered Users 2 Posts: 2,556 ✭✭✭simx


    Base price wrote: »
    Occasionally I transport cattle in the jeep/trailer to the factory for local elderly neighbours. Most of them do not have a car licence let alone a trailer licence.
    Anyway earlier this week a local man asked me to transport two dry cows to a factory. He arranged the price with the factory but when I arrived with them the lady in the office asked me were they Quality Assured.
    As far as I was aware cows are not covered by the QA scheme.
    Are the factories shifting the goal posts to suit themselves, again.

    No bonus on cows but a lot of places want them from qa herds all the same and the 70d, Slaney could cut 20/30c if not in herd 70d


  • Registered Users, Registered Users 2 Posts: 11,660 ✭✭✭✭Base price


    simx wrote: »
    No bonus on cows but a lot of places want them from qa herds all the same and the 70d, Slaney could cut 20/30c if not in herd 70d
    In this case there appears to be a 10c/kg difference in the base price. Both cull cows were born into the herd.


  • Registered Users, Registered Users 2 Posts: 203 ✭✭Cassidy2


    Is there a chance for a slight rise next week.weather good few pound out in the post?


  • Closed Accounts Posts: 6,497 ✭✭✭rangler1


    Base price wrote: »
    In this case there appears to be a 10c/kg difference in the base price. Both cull cows were born into the herd.

    It's probably to replace the €3 bonus for QA herds they've just taken off


  • Registered Users, Registered Users 2 Posts: 818 ✭✭✭degetme


    simx wrote: »
    No bonus on cows but a lot of places want them from qa herds all the same and the 70d, Slaney could cut 20/30c if not in herd 70d

    Dawn are paying four cent a kilo on cows from quality assured farms


  • Registered Users, Registered Users 2 Posts: 2,556 ✭✭✭simx


    degetme wrote: »
    Dawn are paying four cent a kilo on cows from quality assured farms

    I never got it off them anyway


  • Closed Accounts Posts: 3,239 ✭✭✭Willfarman


    simx wrote: »
    I never got it off them anyway

    Ah you'd be getting it in the price I'd say lad!


  • Registered Users, Registered Users 2 Posts: 3,570 ✭✭✭MfMan


    Duke92 wrote: »
    3.90 and 3.95 for bullocks you'd want to be fairly harmless to let them of at 3.85

    Don't know if 3.90 is available in the west?


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  • Registered Users, Registered Users 2 Posts: 2,556 ✭✭✭simx


    Willfarman wrote: »
    Ah you'd be getting it in the price I'd say lad!

    I Feckin wish ha


  • Registered Users, Registered Users 2 Posts: 2,375 ✭✭✭jfh


    Any thoughts on a price rise. Hopeful thinking, got a bull to go, he'll need another 2 weeks but would let him off now @ 3.90..


  • Registered Users, Registered Users 2 Posts: 510 ✭✭✭dryan


    Was quoted 3:85 and 3:90 base for steers today over the phone in the midlands.

    Thats 50 cent back on prices i got during the summer.
    Not a dickie bird from the IFA and the likes on the price collapse...

    Will dig the heels in and hold them for another few weeks.


  • Closed Accounts Posts: 3,239 ✭✭✭Willfarman


    dryan wrote: »
    Was quoted 3:85 and 3:90 base for steers today over the phone in the midlands.

    Thats 50 cent back on prices i got during the summer.
    Not a dickie bird from the IFA and the likes on the price collapse...

    Will dig the heels in and hold them for another few weeks.

    It will be 6 weeks before there will be anything resembling a significant rise I think. We are headed for a major crisis in spring 17. Nothing from the ifa on this either.


  • Registered Users, Registered Users 2 Posts: 203 ✭✭Cassidy2


    Willfarman wrote: »
    It will be 6 weeks before there will be anything resembling a significant rise I think. We are headed for a major crisis in spring 17. Nothing from the ifa on this either.
    There will be a problem long before that


  • Registered Users, Registered Users 2 Posts: 2,805 ✭✭✭Cavanjack


    Willfarman wrote: »
    It will be 6 weeks before there will be anything resembling a significant rise I think. We are headed for a major crisis in spring 17. Nothing from the ifa on this either.

    Talking to an agent today he said they'll rise again in a month. Yeah The Ifa are due a press release soon alright. " farmers hold out on selling stock, insist on €4 bla bla..."


  • Registered Users, Registered Users 2 Posts: 4,886 ✭✭✭mf240


    The over thirty months makes a real bollix out of it.

    Ive a few to go next week cos they will be over the following week.


  • Closed Accounts Posts: 3,239 ✭✭✭Willfarman


    Cassidy2 wrote: »
    There will be a problem long before that

    Enlighten us?


  • Registered Users, Registered Users 2 Posts: 2,742 ✭✭✭CloughCasey1


    Willfarman wrote: »
    It will be 6 weeks before there will be anything resembling a significant rise I think. We are headed for a major crisis in spring 17. Nothing from the ifa on this either.

    I think long term the factories and ifa will strike a deal on a base price of around 3.80 for a fixed term. With "bonuses" for in spec carcases. Anything that doesn't meet the spec of the base price could be heavily penalised up to 24c in some cases for under/over fleshed animals. And they will keep the 30mts and between 310 and 360 deadweight. I can see the aa and hex schemes be strenghtened further. The lads that produce these animals don't give a flying fup about the beef trade (dairy men) so I think that larry and his merry men will try and play it towards extra "benefits" for the rearer/finisher and deliberately put an extra squeeze on the suckler farmer producing these in the factories eyes "over priced" weanlings and making it harder to buy stores for their finishers. I think they will exploit the expansion of the dairy sector to the last euro. They have the power and the money to do as they please.


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  • Registered Users, Registered Users 2 Posts: 11,660 ✭✭✭✭Base price


    I think long term the factories and ifa will strike a deal on a base price of around 3.80 for a fixed term. With "bonuses" for in spec carcases. Anything that doesn't meet the spec of the base price could be heavily penalised up to 24c in some cases for under/over fleshed animals. And they will keep the 30mts and between 310 and 360 deadweight. I can see the aa and hex schemes be strenghtened further. The lads that produce these animals don't give a flying fup about the beef trade (dairy men) so I think that larry and his merry men will try and play it towards extra "benefits" for the rearer/finisher and deliberately put an extra squeeze on the suckler farmer producing these in the factories eyes "over priced" weanlings and making it harder to buy stores for their finishers. I think they will exploit the expansion of the dairy sector to the last euro. They have the power and the money to do as they please.
    :eek:


This discussion has been closed.
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