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beef price tracker

  • 24-01-2012 1:36pm
    #1
    Registered Users, Registered Users 2 Posts: 1,844 ✭✭✭


    any interest in having a factory beef price tracker on here?


    got 4 hiefers to go, 3rs and 1o

    got the following quotes for base price on Mon 23 Jan

    4.10e/kg aibp bandon
    4.15e/kg aibp cahir

    quotes including bord bia
    am holding tough as hoping for 4.25e/kg


«134567197

Comments

  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    hmmm suppose I could see what everyone else is getting :D

    Would you not show the animals in the mart? majority of animals I have seen through the ring in the last 3 weeks have made more than going direct for slaughter. Its a funny old world


  • Closed Accounts Posts: 2,296 ✭✭✭leg wax


    a agent from dawnmeats waterford over the weekend was telling me of a guy getting 1.60 a pound last week for heifers,the same guy supplies 2 lorry loads a week.


  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    leg wax wrote: »
    a agent from dawnmeats waterford over the weekend was telling me of a guy getting 1.60 a pound last week for heifers,the same guy supplies 2 lorry loads a week.

    unless it a flat price for all quality assured U's he is talking through his rear end.


  • Closed Accounts Posts: 2,296 ✭✭✭leg wax


    unless it a flat price for all quality assured U's he is talking through his rear end.
    no he had no reason to talk out his ass, and as for spec i dont know.


  • Closed Accounts Posts: 97 ✭✭dealerman


    hmmm suppose I could see what everyone else is getting :D

    why bob you getting more than the rest of us

    cozzie


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  • Registered Users Posts: 493 ✭✭huey1975


    ]

    unless it a flat price for all quality assured U's he is talking through his rear end.[/Quote]
    Just because you're not getting it doesn't mean it's not true.


  • Banned (with Prison Access) Posts: 1,066 ✭✭✭restive


    OK

    I sent two bullocks to kepak last week

    1. Cold Kgs 398.40 , graded R+ , €4.11 per kg totalling 1,637.42
    2. Cold kgs 375.80 , graded O= , €3.93 per kg totalling 1,476.89

    Is this the type of information you are looking for?


  • Registered Users Posts: 41 sprouty


    How does 1.30 p/lb or 3.64 c/kg sound for R grade cull cows?


  • Registered Users, Registered Users 2 Posts: 1,844 ✭✭✭49801


    anyway we could keep this to actual verified prices offered/paid?
    rather than the stories of the lad 3 parish's over that gets twice the money than everyone else:rolleyes::rolleyes:

    3.64 c/kg sounds like great money to me for a cull... especially considering young stock were hardly making that 12mths ago:(.


  • Registered Users, Registered Users 2 Posts: 858 ✭✭✭tismesoitis


    sprouty wrote: »
    How does 1.30 p/lb or 3.64 c/kg sound for R grade cull cows?

    Exactly what we sent cows into moyvalley for today. also 410 for heifers including 1 old one that got hard to go incalf and when she finally did the bitch slipped d calf at about half term:mad: Good money though me thinks:D


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  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    [/Quote]
    Just because you're not getting it doesn't mean it's not true.[/QUOTE]

    Maybe so, talk is cheap, remember - believe half of what you see and a quarter of what you hear.
    dealerman wrote: »
    why bob you getting more than the rest of us

    I wish:(


    All I will say is be careful with who your dealing with,especially if they are offering the top price :rolleyes:


  • Closed Accounts Posts: 97 ✭✭dealerman


    quoated prices this week €4 base blks €4.10 base young heifers
    most cattle being bought at these prices in the south not so up the country .05 to.10 cents more being got in cases cows over 600 pounds
    o grade €3.50 to3.60 r grade €3.60 to 3.70 some men claim to be getting €3.78 for heavy r and u grade cows


  • Registered Users, Registered Users 2 Posts: 1,844 ✭✭✭49801


    49801 wrote: »
    any interest in having a factory beef price tracker on here?


    got 4 hiefers to go, 3rs and 1o

    got the following quotes for base price on Mon 23 Jan

    4.10e/kg aibp bandon
    4.15e/kg aibp cahir

    quotes including bord bia
    am holding tough as hoping for 4.25e/kg

    well we're going to take this offer.... knew we should have shifted them 2wks ago!!!:eek:


  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    49801 wrote: »
    well we're going to take this offer.... knew we should have shifted them 2wks ago!!!:eek:

    some hold tough:D


  • Registered Users, Registered Users 2 Posts: 1,844 ✭✭✭49801


    some hold tough:D

    more to do with needing the pen for other animals as have to bring hiefers back in than price considerations really.
    I am happy so long as we get as good of a price as every1 else gets and there is a respectable margin. and those were prices quoted in the farming independant yesterday

    we worked out a couple of years ago that cattle don't pay unless price is over 3.60e but this is the first period we've gotten that:eek:.

    every fellow likes to maximise what he gets paid but i think you have to have a price that you happy with too.

    i do find it extremely odd that last weeks prices are still not available on dept or icsa sites or any other online media:mad:


  • Registered Users, Registered Users 2 Posts: 6,326 ✭✭✭Farmer Pudsey


    If you need the pens you have to shift them there can be a big difference between the price for 5 and the price for 20. if quality assured you should get a base of 3.20 +6cent quality assurance so R-= will be 4.26 and 0+ will be 4.14 look for the base prices if you have good quality contintal heifers


  • Registered Users, Registered Users 2 Posts: 6,326 ✭✭✭Farmer Pudsey


    sorry that should be a base of 4.20


  • Closed Accounts Posts: 97 ✭✭dealerman


    price of beef under pressure this week factorys upto all there old tricks again:mad::mad:


  • Registered Users, Registered Users 2 Posts: 3,476 ✭✭✭MfMan


    dealerman wrote: »
    price of beef under pressure this week factorys upto all there old tricks again:mad::mad:
    Aye, was quoted €3.95 - €4 here in de west.


  • Registered Users, Registered Users 2 Posts: 1,844 ✭✭✭49801


    MfMan wrote: »
    Aye, was quoted €3.95 - €4 here in de west.

    glad we killed last of our factory animals last week at a base of 4.16 incl bord bia


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  • Closed Accounts Posts: 97 ✭✭dealerman


    factories pulling the price of cattle with one shower of rain

    fookers :mad::mad:


  • Registered Users Posts: 493 ✭✭huey1975


    dealerman wrote: »
    factories pulling the price of cattle with one shower of rain

    fookers :mad::mad:
    It has rained here for the last five weeks. I got 4.25/kg for r grade bullocks yesterday and I thought it wasn't too bad. Have they pulled the price much for next week?


  • Registered Users, Registered Users 2 Posts: 6,326 ✭✭✭Farmer Pudsey


    huey1975 wrote: »
    It has rained here for the last five weeks. I got 4.25/kg for r grade bullocks yesterday and I thought it wasn't too bad. Have they pulled the price much for next week?

    Was that the base or did it include the QA and I doubt if they will be able to pull prices by much in the next few months


  • Registered Users Posts: 245 ✭✭dasheriff


    They have pulled a nice bit over the last few days,but im still doing alrit for O grading cows 600lb +..


  • Registered Users Posts: 493 ✭✭huey1975


    huey1975 wrote: »
    It has rained here for the last five weeks. I got 4.25/kg for r grade bullocks yesterday and I thought it wasn't too bad. Have they pulled the price much for next week?

    Was that the base or did it include the QA and I doubt if they will be able to pull prices by much in the next few months
    They were over 30 months and it was a flat 425 for Rs and 430 for Us. He gave me the option of 420 on the grid but I took the flat price.


  • Registered Users, Registered Users 2 Posts: 5,078 ✭✭✭bogman_bass


    4.05 for O's and 4.25 for R bullocks in Moyvally


  • Closed Accounts Posts: 97 ✭✭dealerman


    down south abp and dawn qoteing 4.05 base for blks 4.15 for heifers
    sold a load last week 4.35 for heifers and 4.20 for blks should have gone with more last week


  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    dead prices have to fall, beef is very hard sold, may not be 20c a kilo though as yet, not killing until wednesday/thursday this week so don't know the price. should have gotten more animals out for slaughter last week but had to go away socializing :D:D.


  • Registered Users, Registered Users 2 Posts: 6,326 ✭✭✭Farmer Pudsey


    dead prices have to fall, beef is very hard sold, may not be 20c a kilo though as yet, not killing until wednesday/thursday this week so don't know the price. should have gotten more animals out for slaughter last week but had to go away socializing :D:D.

    Heard a factory manager/meatsale rep complaining that it was very serious as they were losing money made the point to him it was no issue back through the years when farmers were losing money.

    The price factory cattle dose not have to fall the reality is that the huge margins that supermakets and factorys traditionally had has to be eaten into. also if Supermarkets have to increase prices on beef to the consumer then this has to happen.

    Look at the price of lamb we were told three years ago it was not sustainable now we are into our third year were prices go from 4.5-6euros/kg with the price for most of the year hovering around the 5 mark.

    The reality is that at the present price it is still unenomical to rear a animal from birth to finish especially with the price of ration gone up by 40% over the last 3 years and will be more expensive next winter. Fertlizer by about the same and agri diesel over 90 cent/litre on average whick will force a lot of contractors out of buisness over the next few years.

    Bob this is the story the factories like to put out and expect us to swallow. They were very bullish last spring when they managed to control prices fom February-April they were talking about a beef price of 3.50 for the summer. Now because farmers are under pressure they are trying to get a good pull on price it will only last a few weeks especiall if the bloody weather picks up.

    F##K UM if the shoe was on the other foot they would screw us to the wall as they will next year but for now we need to hold tough


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  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    Heard a factory manager/meatsale rep complaining that it was very serious as they were losing money made the point to him it was no issue back through the years when farmers were losing money.

    The price factory cattle dose not have to fall the reality is that the huge margins that supermakets and factorys traditionally had has to be eaten into. also if Supermarkets have to increase prices on beef to the consumer then this has to happen.

    Look at the price of lamb we were told three years ago it was not sustainable now we are into our third year were prices go from 4.5-6euros/kg with the price for most of the year hovering around the 5 mark.

    The reality is that at the present price it is still unenomical to rear a animal from birth to finish especially with the price of ration gone up by 40% over the last 3 years and will be more expensive next winter. Fertlizer by about the same and agri diesel over 90 cent/litre on average whick will force a lot of contractors out of buisness over the next few years.

    Bob this is the story the factories like to put out and expect us to swallow. They were very bullish last spring when they managed to control prices fom February-April they were talking about a beef price of 3.50 for the summer. Now because farmers are under pressure they are trying to get a good pull on price it will only last a few weeks especiall if the bloody weather picks up.

    F##K UM if the shoe was on the other foot they would screw us to the wall as they will next year but for now we need to hold tough

    Very few if any farmers would survive on the margin that beef factories make. Only they operate such an efficient business with high turnover and low margin that leaves them money. Efficiencies at farm level are a joke, looking at beef farming as a whole such massive savings could be made. Look inwards and hope things are good outwards as you can affect that. This price fall has being coming for a few weeks now. get used to it.

    3.75 is still my view for the back end, as I think market conditions will dictate such a price.


  • Registered Users, Registered Users 2 Posts: 6,326 ✭✭✭Farmer Pudsey


    Very few if any farmers would survive on the margin that beef factories make. Only they operate such an efficient business with high turnover and low margin that leaves them money. Efficiencies at farm level are a joke, looking at beef farming as a whole such massive savings could be made. Look inwards and hope things are good outwards as you can affect that. This price fall has being coming for a few weeks now. get used to it.

    3.75 is still my view for the back end, as I think market conditions will dictate such a price.

    Bob market conditions never dictated price in Ireland it always was supply and always will be. If factories have 1 animal too many they will pull prices. What you are seeing at present is the factories getting a few extra cattle due to the bad weather and useing it to pull prices and they scaremonger at the same time. When you say the price fall has being coming for a few weeks what you mean is that the factories have being cribing about the price they have paid for cattle since early june as normally they woul;d have being pulling prices since then in a normal year as grass cattle come fit.

    However this year this has not being an option as the cattle were not there and thrive has been poor during late April and June. The factories are contracting to finishers for the fall at a price that is allowing them to pay 2.5/kg live for store bulls. However they will try if they have too many cattle to use them to pull prices.

    My own guess is a base of at least 4 euro right through the year with blips above and below depending on how tight supply is. Below 25k cattle/week above 4 euros and above 25K cattle/week below 4 euros and it may be higher.


  • Registered Users Posts: 493 ✭✭huey1975


    Well did anyone kill anything this week?
    Store cattle appear to be back well in the mart but I was wondering if the factories were successful in pulling them much?


  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    huey1975 wrote: »
    Well did anyone kill anything this week?
    Store cattle appear to be back well in the mart but I was wondering if the factories were successful in pulling them much?

    prices paid are back about 5c to 10c in bullocks/bulls. I had no heifers out the gate so don't know about them. Got a boll*cking for killing a few more animals than what I had booked in, as factories hope to buy animals cheaper next week. I consider cattle bought in the last two weeks as value and most of the time bidding only against the auctioneer


  • Registered Users, Registered Users 2 Posts: 333 ✭✭locha


    Just off phone with some reps.. Liffey next week NO quote, will be back to me on Monday morning...


    Steers - Moyvelley "in or around 4.05 R's and will get back to you on O's"
    They are trying to turn the screw...


  • Closed Accounts Posts: 97 ✭✭dealerman


    abp and dawn down south going to quote 3.95 for blks and 4.05 for heifers
    factories going to rack em and stack em and buy em less factories not killing any big numbers killing a a couple a hundred less in each factory so more for next and getting sticky with numbers if you have more than booked


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  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    think its time for small sellers to go back to the live ring as some of the prices quoted there are taking the mick


  • Registered Users Posts: 493 ✭✭huey1975


    think its time for small sellers to go back to the live ring as some of the prices quoted there are taking the mick
    Yeah bob they should go to the mart and get screwed by the likes of you. It would be so much more fulfilling than getting screwed by Larry G! Most finished cattle at the marts get divided up outside by a few select customers and most times the "small seller" goes home with a small cheque and a sore hole!


  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    huey1975 wrote: »
    Yeah bob they should go to the mart and get screwed by the likes of you. It would be so much more fulfilling than getting screwed by Larry G! Most finished cattle at the marts get divided up outside by a few select customers and most times the "small seller" goes home with a small cheque and a sore hole!

    yip, thanks for personal insult. Seems you have a very free market off to a T there. Not long ago people were moaning they couldn't buy cattle as the regular buyers were running them into serious prices. Some of you guys can't make up your mind either way. Certainly over the last 6 months cattle sold live have made as much if not more sold live. Remember you don't have to sell your animals at the mart if your not happy with the price. I would like to see the state of play if all the big feeders closed up in the morning. I know who would be rubbing their hands in glee. Also its great the way people think there is such a love feast between regular cattle buyers.


  • Registered Users Posts: 493 ✭✭huey1975


    huey1975 wrote: »
    Yeah bob they should go to the mart and get screwed by the likes of you. It would be so much more fulfilling than getting screwed by Larry G! Most finished cattle at the marts get divided up outside by a few select customers and most times the "small seller" goes home with a small cheque and a sore hole!

    yip, thanks for personal insult. Seems you have a very free market off to a T there. Not long ago people were moaning they couldn't buy cattle as the regular buyers were running them into serious prices. Some of you guys can't make up your mind either way. Certainly over the last 6 months cattle sold live have made as much if not more sold live. Remember you don't have to sell your animals at the mart if your not happy with the price. I would like to see the state of play if all the big feeders closed up in the morning. I know who would be rubbing their hands in glee. Also its great the way people think there is such a love feast between regular cattle buyers.

    I think I recall a few months back on a thread about Icbf you were very worried that some farmers might find out that you were making a mint from killing their produce after keeping them for a couple of days.


  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    huey1975 wrote: »
    I think I recall a few months back on a thread about Icbf you were very worried that some farmers might find out that you were making a mint from killing their produce after keeping them for a couple of days.

    No, what I said was that people might come to a rash judgement about the margin that a finisher needs, without know another businesses costs. all my animals being bought are being fed for around a 100days. Each to their own and maybe you should get involved in buying animals and as you say "make a mint"


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  • Registered Users Posts: 493 ✭✭huey1975


    So bob come on and tell us how much per kilo are you getting? Now no more of this " oh 15 cent a kilo less than last week" we all want to know do ye big farmers have contracts guaranteeing 20 cents a kilo more than the base quotes or how can one man buy a beef animal in the mart and pay commission and haulage and make it worth his while and give the seller in the mart more than he would get in the factory?


  • Closed Accounts Posts: 931 ✭✭✭Manoffeeling


    huey1975 wrote: »
    So bob come on and tell us how much per kilo are you getting? Now no more of this " oh 15 cent a kilo less than last week" we all want to know do ye big farmers have contracts guaranteeing 20 cents a kilo more than the base quotes or how can one man buy a beef animal in the mart and pay commission and haulage and make it worth his while and give the seller in the mart more than he would get in the factory?

    As Pee Flynn said, try it some time!

    If you are not happy with your price in the mart, then finish them and see your costs.


  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    huey1975 wrote: »
    So bob come on and tell us how much per kilo are you getting? Now no more of this " oh 15 cent a kilo less than last week" we all want to know do ye big farmers have contracts guaranteeing 20 cents a kilo more than the base quotes or how can one man buy a beef animal in the mart and pay commission and haulage and make it worth his while and give the seller in the mart more than he would get in the factory?

    I wish I had a contract guaranteeing 20 cents above base price, nothing near unfortunately. Taking your figures I would be €65k a year better off if you were buying my animals!!! We work on efficiencies when finishing to try and make our money, trying to buy animals that will give a good lwg and compensatory growth, and not the end price.


  • Registered Users Posts: 493 ✭✭huey1975


    I wish I had a contract guaranteeing 20 cents above base price, nothing near unfortunately. Taking your figures I would be €65k a year better off if you were buying my animals!!! We work on efficiencies when finishing to try and make our money, trying to buy animals that will give a good lag and compensatory growth, and not the end price.[/Quote]

    So bob as this is a beef price tracker thread is there any chance you might enlighten us as to how much per kilo you got this week?


  • Closed Accounts Posts: 216 ✭✭tim04750


    In fairness to Bob or any other finisher dealing in numbers, they commit to having x amount of cattle finished either weekly, monthly or whatever, the factory is a business and they need security of supply so they are prepared to pay a bit extra for that security , business is business its not personal.
    I finish the bull calves to beef but I dont have numbers, 50 cows = 25 bulls things goin right.
    Bob goes out and buys cattle that look like they will go on well but I am sure he gets some that dont, and leave little or nothing ,thats the skill of the buyer and the roll of the dice, now if he can get a bit more for his product because he has numbers, and buy his meal a bit cheaper because he is buying tonnage then I say more power to him,crack on.
    There are buyers groups for reducing the cost of farm inputs, would a sellers group work???


  • Closed Accounts Posts: 97 ✭✭dealerman


    bob your gas you remind me of oliver mc donnell when he was in the farming indo
    but seriously why do people think that some people are getting 20 cents a kilo more all year round for a continous supply it is pure ****e talk


  • Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    dealerman wrote: »
    bob your gas you remind me of oliver mc donnell when he was in the farming indo

    How do you know I have four sons, two milking 250 cows separately and the younger two boys 7 and 9 rear 800 calves to beef. This week I'm using the later "insert product name here/send the endorsement money on aswell" on my bullocks


  • Registered Users Posts: 493 ✭✭huey1975


    I asked bob a question if he was getting 20cent more. He has posted about 10 times on this thread and never said what he is getting. He has told us that the outlook for beef is poor however, and the small farmer shouldn't sell his cattle to the big bad exploitative factories but should bring them to the mart where there are lots of crazy men fighting tooth and nail to buy these cattle at inflated prices even though they are getting pretty much the same thing as the rest of us from the factory


  • Closed Accounts Posts: 97 ✭✭dealerman


    think you answered your own question marts there is
    crazy men
    fighting men
    and inflated prices


  • Closed Accounts Posts: 216 ✭✭tim04750


    So some finishers are buying fat cattle and fat cows to kill within days to loose money two days a week every week ?? Not as shrewd as I had em down for.


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