beef price tracker

Cavanjack · 02-04-2020 5:05pm

CHOPS01 wrote: »

Went to see a few 2yr old HEx bullocks off sucklers that an auld lad had on DD this morning. Nice fella but a nice bit off the mark.
Without being weighed looked about 500-525kg max. Asking €1150 I was offering €1000. I came to €1050 and he dropped €50 to €1100. Wished him the best of luck with them but too rich for me I says.
Rang another lad. A bunch of 2yr old LM and CH outwintered and looked nice in the pics. Weighed and came in at between 520 and 530kg. Asking €1350 !!
Don't think some lads realise where factory prices are headed.

The problem is if the marts were open there would be lads paying these prices just to have a few nice cattle about the place leaving it impossible for the rest of us to make a few pound.
I’m about 50-60 head short due to being locked up with tb all winter. Am clear now two weeks but haven’t bought yet. Can’t cut more bales as the yard is already full of them. Best option is probably buy 30 as cheap as I can and set stock them. If they broke even it’d be cheaper than paying a contractor and buying plastic for bales I don’t want.

straight · 02-04-2020 8:41pm

memorystick wrote: »

You’d work yourself into an ejit and never have a decent few pound in your pocket.

That's farming lad...

Fireside Solicitor · 03-04-2020 7:40am

I sold the last of heavy cattle in January and having taken a serious beating I held off buying and now am glad I did. Yard is empty and have land ready for silage to sell to a dairy man. The only positive out of all this is that cap might get more money now otherwise beef is finished. Be like after the crash when farming was going to save the economy according to Enda Kenny. Lot of lads stay at it because they know no better or feel they have to stick at it. That day is gone now as the losses are getting bigger. Pure slavery

memorystick · 03-04-2020 9:20am

Fireside Solicitor wrote: »

I sold the last of heavy cattle in January and having taken a serious beating I held off buying and now am glad I did. Yard is empty and have land ready for silage to sell to a dairy man. The only positive out of all this is that cap might get more money now otherwise beef is finished. Be like after the crash when farming was going to save the economy according to Enda Kenny. Lot of lads stay at it because they know no better or feel they have to stick at it. That day is gone now as the losses are getting bigger. Pure slavery

The only thing I’d be concerned about is the tax implications of selling cattle and not replacing them. I’ve over 70 to sell but can only buy back 20 (BEAM). Store lambs will be 1 option. Lime also.

jaymla627 · 03-04-2020 9:24am

memorystick wrote: »

The only thing I’d be concerned about is the tax implications of selling cattle and not replacing them. I’ve over 70 to sell but can only buy back 20 (BEAM). Store lambs will be 1 option. Lime also.

If you have them properly valued on accounts at right value, you’ll pay no tax on banking the money and leaving it in bank

Bass Reeves · 03-04-2020 10:21am

memorystick wrote: »

The only thing I’d be concerned about is the tax implications of selling cattle and not replacing them. I’ve over 70 to sell but can only buy back 20 (BEAM). Store lambs will be 1 option. Lime also.

The first thing is there is no point in continuing to make a loss. To counter a tax issue you can increase the value of other stock if present stock are undervalued.

There is also options like pension investment, there is no point in buying cattle for the sake of it. Finally you only need to have cattle I your herd number at the end of the year.

Gman1987 · 03-04-2020 5:05pm

Any word on beef prices for next week?

cute geoge · 03-04-2020 5:10pm

p/o cows back another 10c to €2.50 in the sunrise plant

CloughCasey1 · 04-04-2020 10:12pm

CHOPS01 wrote: »

Went to see a few 2yr old HEx bullocks off sucklers that an auld lad had on DD this morning. Nice fella but a nice bit off the mark.
Without being weighed looked about 500-525kg max. Asking €1150 I was offering €1000. I came to €1050 and he dropped €50 to €1100. Wished him the best of luck with them but too rich for me I says.
Rang another lad. A bunch of 2yr old LM and CH outwintered and looked nice in the pics. Weighed and came in at between 520 and 530kg. Asking €1350 !!
Don't think some lads realise where factory prices are headed.

https://www.donedeal.ie/beefcattle-for-sale/2-bollocks/24568976

Ask him how much the two steers are while you're there ; )

ruwithme · 04-04-2020 10:22pm

CloughCasey1 wrote: »

https://www.donedeal.ie/beefcattle-for-sale/2-bollocks/24568976

Ask him how much the two steers are while you're there ; )

Nice green pasture anyways

Robson99 · 05-04-2020 11:04pm

Jjameson wrote: »

Back anothe 10cent to €3.40. But Tesco are committed to paying ABP the same rate?? But sure they’ll still take em lads that’s the main thing....

Now the fun will start...some lads selling on DD in for some very short phone calls...

CHOPS01 · 06-04-2020 9:34am

CloughCasey1 wrote: »

https://www.donedeal.ie/beefcattle-for-sale/2-bollocks/24568976

Ask him how much the two steers are while you're there ; )

Different man !

Fine Day · 06-04-2020 1:09pm

Jjameson wrote: »

Back anothe 10cent to €3.40. But Tesco are committed to paying ABP the same rate?? But sure they’ll still take em lads that’s the main thing....

Just got the same back from agent. Only early April. Not good. I am in the market for handy cattle but think I will hold off for abit. Lads looking for lots on DD. Put lads will buy mad now for grass special with mild weather forcasted for later in week.

CloughCasey1 · 06-04-2020 1:15pm

Theheff wrote: »

Just got the same back from agent. Only early April. Not good. I am in the market for handy cattle but think I will hold off for abit. Lads looking for lots on DD. Put lads will buy mad now for grass special with mild weather forcasted for later in week.

There is also a bit of panic selling on DD at minute. Some lads looking for mad money for stock all the same. Lads looking for more money for dairy bred stock than better bred/shaped suckler stock.

Further · 06-04-2020 1:27pm

My friend told me 1.60 pounds per heifer. I don’t know how the rest of the market

BENDYBINN · 06-04-2020 2:11pm

CloughCasey1 wrote: »

There is also a bit of panic selling on DD at minute. Some lads looking for mad money for stock all the same. Lads looking for more money for dairy bred stock than better bred/shaped suckler stock.

Yards are full of silage,fertilizer is cheap,grass is coming,no farmer is going to be giving away stock for half nothing after feeding them all winter..

kk.man · 06-04-2020 3:30pm

BENDYBINN wrote: »

Yards are full of silage,fertilizer is cheap,grass is coming,no farmer is going to be giving away stock for half nothing after feeding them all winter..

It be some gamble for them in the fall. Stock numbers will be ten a penny by then.

Water John · 06-04-2020 4:44pm

BENDYBINN wrote: »

Yards are full of silage,fertilizer is cheap,grass is coming,no farmer is going to be giving away stock for half nothing after feeding them all winter..

Fertiliser was never cheap.

Fine Day · 06-04-2020 5:04pm

BENDYBINN wrote: »

Yards are full of silage,fertilizer is cheap,grass is coming,no farmer is going to be giving away stock for half nothing after feeding them all winter..

Not saying lads should be selling there cattle for half nothing but if the factories are cutting the arse then you cannot expect guys to pay top dollar. I have bigger cattle to kill in the next few weeks that I fed all winter & more than lightly they will leave no profit. Guys are looking for crazy money for plain stock. I dont want to be shot for saying this but handy dairy stock would want to be at €1.50 /kg in the current climate.

Panch18 · 06-04-2020 5:35pm

Water John wrote: »

Fertiliser was never cheap.

ah it wasn't too bad in the 80's and 90's now

I saw a graph somewhere which showed the relationship between farm costs in the 90's and milk price and today's and it is some wake up call. I need to dig it out

MIKEKC · 06-04-2020 6:44pm

Theheff wrote: »

Not saying lads should be selling there cattle for half nothing but if the factories are cutting the arse then you cannot expect guys to pay top dollar. I have bigger cattle to kill in the next few weeks that I fed all winter & more than lightly they will leave no profit. Guys are looking for crazy money for plain stock. I dont want to be shot for saying this but handy dairy stock would want to be at €1.50 /kg in the current climate.

Why should you be shot for telling the true facts?

CloughCasey1 · 06-04-2020 8:48pm

BENDYBINN wrote: »

Yards are full of silage,fertilizer is cheap,grass is coming,no farmer is going to be giving away stock for half nothing after feeding them all winter..

Will they may put out the fert so as I wont buy anything that doesn't look value for money. They can try their hands at finishing. Sure any gob****e can throw a few buckets of meal to a lock of stores!

BENDYBINN · 06-04-2020 8:53pm

CloughCasey1 wrote: »

Will they may put out the fert so as I wont buy anything that doesn't look value for money. They can try their hands at finishing. Sure any gob****e can throw a few buckets of meal to a lock of stores!

Sure, all the neighbors will be laughing at you......empty fields and the grass growing up over the ditches!!!

CloughCasey1 · 06-04-2020 8:58pm

BENDYBINN wrote: »

Sure, all the neighbors will be laughing at you......empty fields and the grass growing up over the ditches!!!

No fear ; )
Value out there if ya look hard enough.

Fine Day · 06-04-2020 9:01pm

BENDYBINN wrote: »

Sure, all the neighbors will be laughing at you......empty fields and the grass growing up over the ditches!!!

Feck the neighbours. May as well give something to talk about.

Bass Reeves · 06-04-2020 9:39pm

farmer near me killed 2 year old Continental bullocks, they were R+ he got 3.6/kg the end of the week before last, they killed 350ish DW he averaged less than 1350/head. He bought them last spring for 700 euro after fees and transport. No margin there. For all the processors guff cow and bull kill is not dropping to any great extent neither is the kill in general. I say they are operating a two price system again. Any lad feeding cattle over the winter without a contract is an idiot I am sorry to say. I might get caught with a few that are gone by Christmas but feeding out into March and April or even late February costs are just too high to gamble. You would over winter those cattle for 100-120 euro on silage along and the grass will do the work then.

Cavanjack · 06-04-2020 10:00pm

Bass Reeves wrote: »

farmer near me killed 2 year old Continental bullocks, they were R+ he got 3.6/kg the end of the week before last, they killed 350ish DW he averaged less than 1350/head. He bought them last spring for 700 euro after fees and transport. No margin there. For all the processors guff cow and bull kill is not dropping to any great extent neither is the kill in general. I say they are operating a two price system again. Any lad feeding cattle over the winter without a contract is an idiot I am sorry to say. I might get caught with a few that are gone by Christmas but feeding out into March and April or even late February costs are just too high to gamble. You would over winter those cattle for 100-120 euro on silage along and the grass will do the work then.

They must have been only runners at that money last spring and were too small to finish out of the shed this winter. I’d imagine they were ideal cattle to turn out to grass this spring.

CloughCasey1 · 06-04-2020 11:05pm

Cavanjack wrote: »

They must have been only runners at that money last spring and were too small to finish out of the shed this winter. I’d imagine they were ideal cattle to turn out to grass this spring.

They would have been well fit later in year. Weight pays. Minerals and good silage for winter and grass until July and a grain to flesh them out.

Dunedin · 07-04-2020 8:14am

Bass Reeves wrote: »

. He bought them last spring for 700 euro after fees and transport. No margin there. .

€650 gross profit in one year. Must be a high cost system if they didn’t leave something. Practically doubled his money.

CloughCasey1 · 07-04-2020 8:56am

Dunedin wrote: »

€650 gross profit in one year. Must be a high cost system if they didn’t leave something. Practically doubled his money.

Maybe if they were bought in the backend and killed late in the year. The cost of fattening those cattle in the shed would have been high. Bass will put better figures on it than I would.

Danzy · 07-04-2020 9:01am

Dunedin wrote: »

€650 gross profit in one year. Must be a high cost system if they didn’t leave something. Practically doubled his money.

Guess they were driven hard over winter to do what they did.

Must have been light last spring for that price.

oneten · 07-04-2020 10:46am

Anyone get base price quotes for heifers ? does 3.40 sound like a piss take ?

Danzy · 07-04-2020 11:30am

Jjameson wrote: »

It’s about as good as it gets in any given year. 3.00 a day for for housed finishing €450. €100 for grazing, €50 for buying selling and dosing. Nothing for fixed costs, or mortality. It’s an expensive hobby is all.

Finishing indoors is self flagellation.

Bass Reeves · 07-04-2020 11:40am

They were not runners they were March/April calves I think he bought them late January last year. They were not fancy Continental cattle a mixture of Salers and LM. Only saw them before slaughter and there is still a few to go. Would have been flaking cattle to go to grass this year and slaughter in July IMO.

50 euro got them to grass last year, I always cost grass at 100 for a season, vet and dosing transport to factory and slaughter fees 55euro, mortality 20euro, I know none died but you have to factor it in for when it will happen. He was feeding arable bales would you cost them at 35-40/ bale they are on it since early/mid November did they eat 100euro worth of them. He was.paying 280/ton for ration in bags, they got a shake at the back end outside and started.on 3kgs , they were build up to 5/day fairly fast about 180euro at that costing and 60euro for misc

That brings total costs to 550-580 euro. Ya there's a small margin of 70-100 euro. Could yhey have done better maybe maybe not. Could be have cut any costs, maybe he could have saved 20 euro on ration if on bulk or maybe nut was not good enough. But he did not overpay for them and neither he nor the man that bred them had anything out if them. If they were better cattle and cost 180 more would they slaughter that much heavier to make a higher margin a higher grade might add 20euro but you need 45kgs DW to break even on the rest of the cost.

Hard to see a lot of continental bullock tipping the 400kgs DW out if a shed at 2 years of age. Looking at agriland quotes processor's seem to be opening a two tier price system again. Smaller producer being hit hard but bigger lads getting 20c/kg more. And maybe ever higher depending on how many cattle smaller lads are supplying.
Kill has not substantially dropped in any group of cattle last week yes kill is down about 2k but is that a seasonal drop from now to mid/June.

Normally I start feeding in 10-14days time, this year it can wait until May at least. Feeding for sub 4/kg base I'd stupid for a 3.5/kg base is just not on.

With Tesco's and the UK supermarkets have dropped there priced being paid for the UK market or we are bing ridden again. With factories can they extract more from the market if not we might as well close up shop.

At present price if it continue out into the summer I need to drop my store price by snother 100/head in the autumn. That means store Friesian will need to be a euro/kg to put it in context. It beginning to look like you cannot buy stores cheap enough and that is not the answer.

Except for COVID I say we should close the factories....maybe we should close them anyway. There is nothing to be lost by doing it at this stage

gerryirl · 07-04-2020 6:22pm

restive wrote: »

Just got quoted 3.85 base underage Angus Bullock's. Kepak athleague.

wow.. I need to sit down

epfff · 07-04-2020 8:49pm

oneten wrote: »

Anyone get base price quotes for heifers ? does 3.40 sound like a piss take ?

Where can that be got?
Id say 330 more tlikely he quote for Tuesday.

Robson99 · 07-04-2020 9:48pm

Are lads going to wake up and smell the coffee now ??
Factories have been acting the bolix the last few weeks with the sheep men... now it's the beef mans turn. We are coming to the end of the shed cattle. Now is the time to leave them in the field for the summer and let them go to ****...
Anyone see or hear from the IFA or BPM or are they both in quarantine ??

ruwithme · 07-04-2020 9:55pm

Your right. memories of stock being in the fields for weeks last autumn and what happened for more weeks after are to recent for it to happen again.

Cavanjack · 07-04-2020 10:19pm

Bass Reeves wrote: »

They were not runners they were March/April calves I think he bought them late January last year. They were not fancy Continental cattle a mixture of Salers and LM. Only saw them before slaughter and there is still a few to go. Would have been flaking cattle to go to grass this year and slaughter in July IMO.

50 euro got them to grass last year, I always cost grass at 100 for a season, vet and dosing transport to factory and slaughter fees 55euro, mortality 20euro, I know none died but you have to factor it in for when it will happen. He was feeding arable bales would you cost them at 35-40/ bale they are on it since early/mid November did they eat 100euro worth of them. He was.paying 280/ton for ration in bags, they got a shake at the back end outside and started.on 3kgs , they were build up to 5/day fairly fast about 180euro at that costing and 60euro for misc

That brings total costs to 550-580 euro. Ya there's a small margin of 70-100 euro. Could yhey have done better maybe maybe not. Could be have cut any costs, maybe he could have saved 20 euro on ration if on bulk or maybe nut was not good enough. But he did not overpay for them and neither he nor the man that bred them had anything out if them. If they were better cattle and cost 180 more would they slaughter that much heavier to make a higher margin a higher grade might add 20euro but you need 45kgs DW to break even on the rest of the cost.

Hard to see a lot of continental bullock tipping the 400kgs DW out if a shed at 2 years of age. Looking at agriland quotes processor's seem to be opening a two tier price system again. Smaller producer being hit hard but bigger lads getting 20c/kg more. And maybe ever higher depending on how many cattle smaller lads are supplying.
Kill has not substantially dropped in any group of cattle last week yes kill is down about 2k but is that a seasonal drop from now to mid/June.

Normally I start feeding in 10-14days time, this year it can wait until May at least. Feeding for sub 4/kg base I'd stupid for a 3.5/kg base is just not on.

With Tesco's and the UK supermarkets have dropped there priced being paid for the UK market or we are bing ridden again. With factories can they extract more from the market if not we might as well close up shop.

At present price if it continue out into the summer I need to drop my store price by snother 100/head in the autumn. That means store Friesian will need to be a euro/kg to put it in context. It beginning to look like you cannot buy stores cheap enough and that is not the answer.

Except for COVID I say we should close the factories....maybe we should close them anyway. There is nothing to be lost by doing it at this stage

I’d be Very disappointed with continental bullocks killing less than 400kg at 24 months. They must have done very little last summer at grass.
I Bought 6 hungry plain Simmental bullocks last March for €750 in the yard @320kg and straight to grass.
Killed them the first week in March. 405kg average r- and r=. They Averaged €1580 and ate about €220 of meal and average quality silage. These were plain cattle. If I had a u grade Charolais I’d expect more from them.

Bass Reeves · 07-04-2020 10:29pm

Cavanjack wrote: »

I’d be Very disappointed with continental bullocks killing less than 400kg at 24 months. They must have done very little last summer at grass.
I Bought 6 hungry plain Simmental bullocks last March for €750 in the yard @320kg and straight to grass.
Killed them the first week in March. 405kg average r- and r=. They Averaged €1580 and ate about €220 of meal and average quality silage. These were plain cattle. If I had a u grade Charolais I’d expect more from them.

were they on adlib

Cavanjack · 07-04-2020 10:36pm

Bass Reeves wrote: »

were they on adlib

No but they would have been eating 10kg for the last 2 months.

oneten · 08-04-2020 12:31am

epfff wrote: »

Where can that be got?
Id say 330 more tlikely he quote for Tuesday.

nenagh , but that was on monday

richie123 · 08-04-2020 10:28pm

Theheff wrote: »

Not saying lads should be selling there cattle for half nothing but if the factories are cutting the arse then you cannot expect guys to pay top dollar. I have bigger cattle to kill in the next few weeks that I fed all winter & more than lightly they will leave no profit. Guys are looking for crazy money for plain stock. I dont want to be shot for saying this but handy dairy stock would want to be at €1.50 /kg in the current climate.

1.20 more like it to be very realistic.

kk.man · 08-04-2020 10:41pm

The UK media, political classes, farmer groups and consumers giving hell to the English supermarkets for importing Polish beef. So much so they can't get rid of the beef off the shelves and have discounted by almost a third.

A very bad own goal scored by all companies involved.

Reggie. · 08-04-2020 10:43pm

kk.man wrote: »

The UK media, political classes, farmer groups and consumers giving hell to the English supermarkets for importing Polish beef. So much so they can't get rid of the beef off the shelves and have discounted by almost a third.

A very bad own goal scored by all companies involved.

Wouldn't happen here

kk.man · 08-04-2020 10:51pm

Reggie. wrote: »

Wouldn't happen here

Nothing

Fine Day · 09-04-2020 6:51am

richie123 wrote: »

1.20 more like it to be very realistic.

Yes you might be right. I would imagine it would take a fare angus heifer to leave €1000 after her in the factory today. If lads are expecting €650 for 300 to 350 kgs cattle & keep the animal for up to 12 months to get fit to kill. Thats not good business but I am sure lads will do it.

wrangler · 09-04-2020 7:46am

kk.man wrote: »

Nothing

I wonder why they aren't throwing out the Irish stuff, It shouldn't be there either.
Same thing really

kk.man · 09-04-2020 8:46am

wrangler wrote: »

I wonder why they aren't throwing out the Irish stuff, It shouldn't be there either.
Same thing really

You do have a point but in fairness to the British consumer they have a certain loyalty to the Irish product. They will buy their own first and Irish second.

straight · 09-04-2020 8:55am

wrangler wrote: »

I wonder why they aren't throwing out the Irish stuff, It shouldn't be there either.
Same thing really

British isles sure

beef price tracker

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