beef price tracker

Cavanjack · 29-09-2015 08:36PM

Cavanjack wrote: »

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..."

Just read on the indo Henry burns has said "agents need to insist farmers are getting a base price for steers in the €3.90-3.95 range". What an organisation!

CloughCasey1 · 29-09-2015 09:15PM

Cavanjack wrote: »

Just read on the indo Henry burns has said "agents need to insist farmers are getting a base price for steers in the €3.90-3.95 range". What an organisation!

Agents will only look out for themselves. It's their job to source cattle for factories more so than looking after their loyal customers.

Willfarman · 29-09-2015 09:40PM

CloughCasey1 wrote: »

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.

Meat industry Ireland never have and never will do deals with the ifa. Unless we see live export for the surplus 2015 stock the processers are going to be firmly in the driving seat and merciless with price and spec.

CloughCasey1 · 29-09-2015 09:48PM

Willfarman wrote: »

Meat industry Ireland never have and never will do deals with the ifa. Unless we see live export for the surplus 2015 stock the processers are going to be firmly in the driving seat and merciless with price and spec.

Then there is no limit to where it will stop. Going on the figurea Pudsey had for us a few weeks back it made simple supply and demand sense for the prices to hit 4.20-30 again in November. All they do is manipulate the market to suit the situation. This is the only period in a long time that supply is actually thin. What happens when there is 33 or 34k cattle for processing weekly??? The ifa are the biggest laughing stock ever.

patsy_mccabe · 29-09-2015 10:02PM

Just looking at Bord Bia figures.

Export Numbers
Year To Date - 143k
Last year - 192K

Factory numbers
Year To Date - 1,133k
Last year - 1,187K

CloughCasey1 · 29-09-2015 10:14PM

patsy_mccabe wrote: »

Just looking at Bord Bia figures.

Export Numbers
Year To Date - 143k
Last year - 192K

Factory numbers
Year To Date - 1,133k
Last year - 1,187K

What's your reading on those figures patsy?

rangler1 · 29-09-2015 10:16PM

CloughCasey1 wrote: »

Then there is no limit to where it will stop. Going on the figurea Pudsey had for us a few weeks back it made simple supply and demand sense for the prices to hit 4.20-30 again in November. All they do is manipulate the market to suit the situation. This is the only period in a long time that supply is actually thin. What happens when there is 33 or 34k cattle for processing weekly??? The ifa are the biggest laughing stock ever.

Why target a traditionally poor time to sell beef cattle, ie September /October, why not target june/july,
I wouldn't be too hopeful for November, factories will have feedlot cattle to ensure they can fill the pre Christmas contacts, I hear there's feedlots set up around the country for lambs now, don't know of any one that's actually seen one
All the hobby farmers are selling at the moment and they just ask when will you take them

rangler1 · 29-09-2015 10:18PM

patsy_mccabe wrote: »

Just looking at Bord Bia figures.

Export Numbers
Year To Date - 143k
Last year - 192K

Factory numbers
Year To Date - 1,133k
Last year - 1,187K

Hard to believe that an extra 50k cattle caused such chaos.
Where did all the other cattle go....isn't there 1.7m cows in the country

Willfarman · 29-09-2015 10:23PM

Extra births this year from the dairy side. It is a repeat of the 2012 retained calves to 2014 beef price crisis.

Processers are going to clean up to the detriment of rural economies!

CloughCasey1 · 29-09-2015 10:25PM

rangler1 wrote: »

Why target a traditionally poor time to sell beef cattle, ie September /October, why not target june/july,
I wouldn't be too hopeful for November, factories will have feedlot cattle to ensure they can fill the pre Christmas contacts, I hear there's feedlots set up around the country for lambs now, don't know of any one that's actually seen one
All the hobby farmers are selling at the moment and they just ask when will you take them

So what's your lot going to do about it?

rangler1 · 29-09-2015 10:42PM

CloughCasey1 wrote: »

So what's your lot going to do about it?

Not my problem now, but why sell at what has always been a bad time of the year. Farmers selling in june/july would've had higher cost and probably deserved that 30/40c extra they got

CloughCasey1 · 29-09-2015 10:46PM

rangler1 wrote: »

Not my problem now, but why sell at what has always been a bad time of the year. Farmers selling in june/july would've had higher cost and probably deserved that 30/40c extra they got

so it's the farmers fault now

Willfarman · 29-09-2015 10:48PM

Fair point rangler but non the less we have conceded defeat to the beef barons and become price takers be it spring summer or winter.

rangler1 · 29-09-2015 11:04PM

CloughCasey1 wrote: »

so it's the farmers fault now

Get real, it's business...do you buy your inputs as cheap as you can.
Well beef processors are the same.
Farming's going nowhere at the moment, if there was no subsidies, farmers couldn't afford thee luxury of feeding cattle and the market would work, ie low prices curing low prices etc, but farmers are happy to let the BPS subsidise their beef enterprise, so low prices doesn't cause a reduction in supply

CloughCasey1 · 29-09-2015 11:08PM

Willfarman wrote: »

Fair point rangler but non the less we have conceded defeat to the beef barons and become price takers be it spring summer or winter.

All the unions in the country have hard nosed campaigners fighting their corner. (I have my own business so unions wouldn't be my cup of tea). The teachers unions last week managed to put a spanner in the works for the government in relation to a change in the junior cert. Why oh why cannot farmers have elected representatives that actually can fight for their own instead of just of producing soundbites that sound good but have no back up. It's amazing really seeing that farming individually is one of the biggest industries in the country.

CloughCasey1 · 29-09-2015 11:14PM

rangler1 wrote: »

Get real, it's business...do you buy your inputs as cheap as you can.
Well beef processors are the same.
Farming's going nowhere at the moment, if there was no subsidies, farmers couldn't afford thee luxury of feeding cattle and the market would work, ie low prices curing low prices etc, but farmers are happy to let the BPS subsidise their beef enterprise, so low prices doesn't cause a reduction in supply

Business is business I couldn't agree more. I wouldn't pay over the odds either for something I could get cheaper. But all the companies that I sub work from don't all come together and say "lads if we all come together and offer him a ****e price then he'll have no choice but to take what he is getting" that would be a price fix within the market I work in and I would call in the competition authority and there would be war!

rangler1 · 29-09-2015 11:15PM

CloughCasey1 wrote: »

All the unions in the country have hard nosed campaigners fighting their corner. (I have my own business so unions wouldn't be my cup of tea). The teachers unions last week managed to put a spanner in the works for the government in relation to a change in the junior cert. Why oh why cannot farmers have elected representatives that actually can fight for their own instead of just of producing soundbites that sound good but have no back up. It's amazing really seeing that farming individually is one of the biggest industries in the country.

Unions can withdraw services, when farmers can do that we might have some clout.
I just said f..k this last year when the comp auth got involved.
Public service have this country destroyed. every day is a new story of mismanagement

Willfarman · 29-09-2015 11:15PM

rangler1 wrote: »

Get real, it's business...do you buy your inputs as cheap as you can.
Well beef processors are the same.
Farming's going nowhere at the moment, if there was no subsidies, farmers couldn't afford thee luxury of feeding cattle and the market would work, ie low prices curing low prices etc, but farmers are happy to let the BPS subsidise their beef enterprise, so low prices doesn't cause a reduction in supply

You are no longer a fighting farmer rangler.. You've lost the fire in the belly. The injustice of beef barons. The very term infuriates me.

This goes far beyond the beef farmer.
The engineering firms ,the marts ,the local tyre fitter ,the local electrician ,local feed mill ,local mechanic,

jobs incomes families viable rural economies not ffing beef baron with private jets and helicopters flying in and out of racecourses

rangler1 · 29-09-2015 11:31PM

Willfarman wrote: »

You are no longer a fighting farmer rangler.. You've lost the fire in the belly. The injustice of beef barons. The very term infuriates me.

This goes far beyond the beef farmer.
The engineering firms ,the marts ,the local tyre fitter ,the local electrician ,local feed mill ,local mechanic,

jobs incomes families viable rural economies not ffing beef baron with private jets and helicopters flying in and out of racecourses

Yea you're right, winding down here more than forging ahead.
At least I had fire in the belly to lose, not like a lot

Cavanjack · 30-09-2015 07:34AM

CloughCasey1 wrote: »

Agents will only look out for themselves. It's their job to source cattle for factories more so than looking after their loyal customers.

Of course they will. What nonsense from Burns. All the agents I know would screw me over a euro if they could and i believe they are all on a little bit of a power trip and love nothing more than going back to the factories and getting a pat on the head when telling them they are after sourcing cattle for 5 cent less.
So the IFA have resorted to asking the agents to help. No talk of the huge price difference between here and the UK (that was their gripe last year and Im sure that has increased).

patsy_mccabe · 30-09-2015 08:48AM

CloughCasey1 wrote: »

What's your reading on those figures patsy?

Well for the Export numbers, calves are down 16%, Stores down 59% :eek:, and weanlings down 46% for this year compared to last (Jan 1 to 12 Sept). There's going to be a lot of extra cattle in the country next year, all queuing to get in the factory gates.
In fairness, that's only one side of things. Just as important is the international demand where after all, 80% of our beef goes. Try figuring that one out. It could be anything from currency swings to drought to oil prices, all playing their own part.

Export Numbers
Year To Date - 143k
Last year - 192K

Factory numbers
Year To Date - 1,133k
Last year - 1,187K

locha · 30-09-2015 12:18PM

Quoted 3.90 for a load of Steers on the grid.

MfMan · 30-09-2015 02:58PM

locha wrote: »

Quoted 3.90 for a load of Steers on the grid.

Where's at?

locha · 30-09-2015 04:15PM

Cavan. Not sure what others are getting but for the man rolling in with his 4s and 5s in a jeep and trailer best I heard was 3.85.

MfMan · 30-09-2015 04:22PM

locha wrote: »

Cavan. Not sure what others are getting but for the man rolling in with his 4s and 5s in a jeep and trailer best I heard was 3.85.

Same as that. Trouble is, factories getting such a supply, they will only take 4/5s, won't entertain a full load at the moment unless you (or agent) are really well in with them.

Cassidy2 · 04-10-2015 09:31PM

Any quotes for next week are they back 5 cent.or are they the same

CloughCasey1 · 04-10-2015 09:39PM

Cassidy2 wrote: »

Any quotes for next week are they back 5 cent.or are they the same

Howya cass. Nice drop of rain on the way I think. Was grand to get a week dry all the same. Were ya watching the Irish match? Lets hope they were more focused on what is coming next week cos whatever about next week but the all blacks will hammer us if we play like that again. On the prices front they will probably either drop the 5c or else stay static. Depending on how bad this weather break is. But to be sure all the agents will be ringing lads saying, ya better offload them now sure as there is a talk of a 10c pull next week with the tail end of this hurricane heading straight for us at the weekend sure you'll have them housed and on silage and meal, and where will ya put all the weanlings ya bought if it doesn't improve after that. Typical run of the mill week coming id say. So did ya watch the match?

Cassidy2 · 04-10-2015 09:48PM

CloughCasey1 wrote: »

Howya cass. Nice drop of rain on the way I think. Was grand to get a week dry all the same. Were ya watching the Irish match? Lets hope they were more focused on what is coming next week cos whatever about next week but the all blacks will hammer us if we play like that again. On the prices front they will probably either drop the 5c or else stay static. Depending on how bad this weather break is. But to be sure all the agents will be ringing lads saying, ya better offload them now sure as there is a talk of a 10c pull next week with the tail end of this hurricane heading straight for us at the weekend sure you'll have them housed and on silage and meal, and where will ya put all the weanlings ya bought if it doesn't improve after that. Typical run of the mill week coming id say. So did ya watch the match?

Very good summary on both rugby and beef.i am going to Cardiff for the France match so I will have to off load a few to cover the trip

Willfarman · 04-10-2015 10:15PM

France are a big test now. Won't look beyond them yet.. But Australia are some outfit.

mf240 · 04-10-2015 10:21PM

Fcuking rugby ..... yawn.

Factorys got them back well considering how scarce cattle are meant to be.

By the looks of an post the cheque mighten get to you for a few months!!

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