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beef price tracker

1137138140142143197

Comments

  • Registered Users, Registered Users 2 Posts: 18,978 ✭✭✭✭Bass Reeves


    Heard that the processors intend to pull prices by 10c/kg next week. Base price to be 3.65/3.70/kg depending on where in the country you are. Store prices are getting too strong again in there opinion and lads killing cattle at 2+/3- rather than winter finish or feed on these cattle.

    Slava Ukrainii



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


    It seems to be a badly kept secret all right bass! 3.60 is what the bottom will be is the story being put out. I know it’s in line with previous years but it’s putting the carrot on a disastrous year for my summer grazing enterprise.

    50 cattle bought 480kgs @960€; inc commission last oct. mix of fr aa and fair to good continentals. 7 month winter then after a good initial thrive complete stall and back to silage and meal feeding into a falling market. 40 gone to date and scarcely clearing €1400. averaging over half a tone of ration with 10 still eating 6 kgs a day and won’t be fit for a month.


  • Registered Users, Registered Users 2 Posts: 18,978 ✭✭✭✭Bass Reeves


    Willfarman wrote: »
    It seems to be a badly kept secret all right bass! 3.60 is what the bottom will be is the story being put out. I know it’s in line with previous years but it’s putting the carrot on a disastrous year for my summer grazing enterprise.

    50 cattle bought 480kgs @960€; inc commission last oct. mix of fr aa and fair to good continentals. 7 month winter then after a good initial thrive complete stall and back to silage and meal feeding into a falling market. 40 gone to date and scarcely clearing €1400. averaging over half a tone of ration with 10 still eating 6 kgs a day and won’t be fit for a month.

    We are all in the same boat. Was luck enough early in the year shifted cattle that left margin. But over last month cattle going out are leaving nothing.Bought light Friesians in the yard at 540 last August they are only averaging 1K exactly on the hook. More to go this week. Real killer is not being able to avail of cheaper stores because of fodder situation.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 4,876 ✭✭✭mf240


    What do you think they will be like in March or April.


  • Registered Users, Registered Users 2 Posts: 18,978 ✭✭✭✭Bass Reeves


    mf240 wrote: »
    What do you think they will be like in March or April.

    Stores will be dearer than now but I expect that they will not be on fire. Hearing of more lads that winter finish not doing it this year. Kill could stay well below 30K from after Christmas to June. If it dose beef prices will be higher than last spring. But even if 30c/kg high will the extra 100 euro cover the extra cost of ration and straw. As well silage being fed is valued at 35/bale. The lighter weigh and poorer grading of cattle that is killing lads at present just as much as the extra cost in the system.

    Those Friesians I am killing will have eaten 40-50 ish euro of ration over last 7-9 weeks. The real killer was they were in the shed for 5 weeks longer in the spring that is another 35 euro in cost. Killing 20kgs lighter than normal and on the farm 20 days longer along with a lower grade is costing 150 euro on end price IMO. They are leaving a miniscule margin.

    Like I said the killer is a similar store this year would only cost 450 euro maybe a tad less this would have softened the hit a bit.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 18,978 ✭✭✭✭Bass Reeves


    Just as a matter of interest looking at these two bunches of bulls what are they worth. The first lad has put weights up we assume he is totally correct. looking at the second lot I put a guess at 450kgs. WE will assume that R grade bulls make 4/kg after Christmas.

    https://www.donedeal.ie/beefcattle-for-sale/124-feeding-bulls-14-18-months-450-550kgs/19864596

    https://www.donedeal.ie/beefcattle-for-sale/cheap-feeding-bulls/19773205.

    Slava Ukrainii



  • Moderators, Society & Culture Moderators Posts: 12,704 Mod ✭✭✭✭blue5000


    Thanks Bass and Will for putting up the figures as they really are. Has anyone had the balls to ask their agent/procurement manager what Spring prices will be like? Or even after Brexit?

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



  • Registered Users, Registered Users 2 Posts: 2,095 ✭✭✭Who2


    blue5000 wrote: »
    Thanks Bass and Will for putting up the figures as they really are. Has anyone had the balls to ask their agent/procurement manager what Spring prices will be like? Or even after Brexit?

    Mine told me he’s optimistic for February on but reckons it’s to get worse from now to then


  • Registered Users, Registered Users 2 Posts: 6,225 ✭✭✭charolais0153


    Just as a matter of interest looking at these two bunches of bulls what are they worth. The first lad has put weights up we assume he is totally correct. looking at the second lot I put a guess at 450kgs. WE will assume that R grade bulls make 4/kg after Christmas.

    https://www.donedeal.ie/beefcattle-for-sale/124-feeding-bulls-14-18-months-450-550kgs/19864596

    https://www.donedeal.ie/beefcattle-for-sale/cheap-feeding-bulls/19773205.

    The first ones are accurate in weight anyways they have 60-70 kilos on them compared to the other lads.
    First lads 1000
    900 for the other lads.


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  • Closed Accounts Posts: 1,063 ✭✭✭riemann


    blue5000 wrote: »
    Has anyone had the balls to ask their agent/procurement manager what Spring prices will be like? Or even after Brexit?

    In the short-term the processors have decided well in advance what their prices will be. They are aware of the nos coming on stream because of the 30 month limit.

    Expect a bottom out in the next few weeks, with a stabilisation and slight recovery as we approach the Christmas market.

    Medium term I always look to the previous few years as a guide, barring a horse meat like scandal one can expect price trends to realise.

    As regards Brexit I'd be very weary of anyone soliciting advice, it's unknown territory. On a personal level I can see a massive delay, maybe even a 2nd referendum. The Irish beef industry is in a perilous position should a worst case senario materialise, in reality I can't see that happenning as there is simply too much as steak if you will. For me it's not a time for taking massive risks or over stocking, I'll be observing from as far as possible. It doesn't help that these are the years the new CAP will be calculated on, but common sense must prevail.


  • Registered Users, Registered Users 2 Posts: 1,256 ✭✭✭morphy87


    3 75 slaney


  • Registered Users, Registered Users 2 Posts: 3,620 ✭✭✭kk.man


    blue5000 wrote: »
    Thanks Bass and Will for putting up the figures as they really are. Has anyone had the balls to ask their agent/procurement manager what Spring prices will be like? Or even after Brexit?
    The agent/procurement manager doesn't know much and only follow instructions. They really would never give you a definite answer.
    I've known alot of these for years and crystal ball forecasting is not their forte through no fault of their own.


  • Registered Users, Registered Users 2 Posts: 18,978 ✭✭✭✭Bass Reeves


    blue5000 wrote: »
    Thanks Bass and Will for putting up the figures as they really are. Has anyone had the balls to ask their agent/procurement manager what Spring prices will be like? Or even after Brexit?

    No point most of us remember the bull debacle a few years ago after the horse meat scandal. Larry and Co bought loads of store HE bullocks in late August and Sept. They killed them before and after Christmas and backed up the Bulls. I remember being told that Autumn there be no issue with bulls under 24 months but not to let them go over the 24 months. We took 3.4/kg for R grade bulls. Winter finishing has never recovered from that lads took too much of a hit.

    Until we have producer groups sanctioned in law and processors compelled to deal with producer groups there will never be forwarding pricing for ordinary farmers.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 11,224 ✭✭✭✭wrangler


    No point most of us remember the bull debacle a few years ago after the horse meat scandal. Larry and Co bought loads of store HE bullocks in late August and Sept. They killed them before and after Christmas and backed up the Bulls. I remember being told that Autumn there be no issue with bulls under 24 months but not to let them go over the 24 months. We took 3.4/kg for R grade bulls. Winter finishing has never recovered from that lads took too much of a hit.

    Until we have producer groups sanctioned in law and processors compelled to deal with producer groups there will never be forwarding pricing for ordinary farmers.

    Padraig browne in Dunbia was flagging the problem with bulls for twelve mths before the whole thing blew up, he was telling us to talk to the processors before commiting to feeding bulls.....at the time bulls were a good trade and to be honest I was made little of when I flagged it at meetings.
    Your last paragraph is unrealistic, to enforce a customer to buy your product whatever the quality wont happen. Get the quality right first and then try to sell it.
    For a factory not to feed their own cattle to ensure supply would be the same as a good dairy farmer depending on buying in all their winter feed,...very foolish.


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


    Padraig browne done no such flagging nor did teagasc.. and super shiney simon who was always excited about China and America and press release after press release of our entry into these markets.
    was in a beef trading discussion group in 2013 and it was all Frisian bull and 1000eur gross margins.
    Madness. But did we learn anything?
    I’m not sure forward pricing would do much for my enterprise as it’s a trading system. I am reliant on dips and troughs in the market for a twist as only so much can be done on the production side.

    Store price is everything to me and I often despise my competing buyers who don’t seem to care about a margin as much as I despise Larry. As I have said on this before. Buying from farmers to sell to Larry is a bad business model. I need my head examined!


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  • Moderators, Society & Culture Moderators Posts: 12,704 Mod ✭✭✭✭blue5000


    I think we all have to use our own judgement as to what cattle we want to buy and when we would 'like' to sell them at a 'profit/loss:eek:'.
    The peaks are going to be small next year IMHO, If feed is tight, and let's face it lads, it's not plentiful, let the factories finish cattle for the first half of the year I think.

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



  • Registered Users, Registered Users 2 Posts: 11,224 ✭✭✭✭wrangler


    Willfarman wrote: »
    Padraig browne done no such flagging nor did teagasc.. and super shiney simon who was always excited about China and America and press release after press release of our entry into these markets.
    was in a beef trading discussion group in 2013 and it was all Frisian bull and 1000eur gross margins.
    Madness. But did we learn anything?
    I’m not sure forward pricing would do much for my enterprise as it’s a trading system. I am reliant on dips and troughs in the market for a twist as only so much can be done on the production side.

    Store price is everything to me and I often despise my competing buyers who don’t seem to care about a margin as much as I despise Larry. As I have said on this before. Buying from farmers to sell to Larry is a bad business model. I need my head examined!


    That's exactly the attitude I got from the meetings that I relayed Padraigs concerns to, with know alls telling me they had killed 450 +kg bulls that week etc. As you say profits from feeding bulls were unreal...a real pyramid scheme, there was only one way it was going to go....overdone
    There's none so blind as those that don't want to see.


  • Registered Users, Registered Users 2 Posts: 2,642 ✭✭✭Cavanjack


    wrangler wrote: »
    That's exactly the attitude I got from the meetings that I relayed Padraigs concerns to, with know alls telling me they had killed 450 +kg bulls that week etc. As you say profits from feeding bulls were unreal...a real pyramid scheme, there was only one way it was going to go....overdone
    There's none so blind as those that don't want to see.
    I killed a good few bulls in late spring greater than 470kg and got €4.15 a kg for them. A few were greater than 500kg and no word of over weight. One was 530kg and got cut 10cent on him. Fair enough. Killed more earlier on in the year with average weights of not much less than 450kg.
    There was nothing to suggest that they did not want them or did not have a market for them, quite the opposite in fact. If they come along this coming spring and cut hell out of the same type stock withough good warning then this is surely unfair. It's wouldn't be a big job to send a mail to every supplier on their books 6 months before they start feeding cattle.


  • Registered Users, Registered Users 2 Posts: 10,929 ✭✭✭✭patsy_mccabe


    Would a Beef Future Pricing market put an end of all this madness? It seems to work well in the USA. Farmers could hedge against price fluctuations by buying futures.

    https://www.barchart.com/futures/meats

    'If I ventured in the slipstream, Between the viaducts of your dream'



  • Registered Users, Registered Users 2 Posts: 14,211 ✭✭✭✭Danzy


    riemann wrote: »
    In the short-term the processors have decided well in advance what their prices will be. They are aware of the nos coming on stream because of the 30 month limit.

    Expect a bottom out in the next few weeks, with a stabilisation and slight recovery as we approach the Christmas market.

    Medium term I always look to the previous few years as a guide, barring a horse meat like scandal one can expect price trends to realise.

    As regards Brexit I'd be very weary of anyone soliciting advice, it's unknown territory. On a personal level I can see a massive delay, maybe even a 2nd referendum. The Irish beef industry is in a perilous position should a worst case senario materialise, in reality I can't see that happenning as there is simply too much as steak if you will. For me it's not a time for taking massive risks or over stocking, I'll be observing from as far as possible. It doesn't help that these are the years the new CAP will be calculated on, but common sense must prevail.

    I'm upping numbers by about a third this year. I was doing it anyway and had silage ground reserved accordingly in the Spring. Just to a more appropriate stocking level, having had the place over 2 years. It was cut before the drying really caught growth.

    As for Brexit, if it is a WTO trade terms deal, the ultimate hard Brexit, then Cattle will be a disaster in a way that might be worse than the 30s. Beef from a bullock at 3.85 a KG would be about 7.20 euro with tariffs in Britain and that would be before any shop or man got his cut there.

    It is so unworkable as to not be a concern for us. Like what you'll do the weekend after a nuclear war.

    3 or 4 years down the line Brexit could be different and a big worry then.

    Ultimately a deal will be done, the Eu, more so the Eurozone has fallen down badly as a project in 2 key areas, job and growth.

    The Eurozone used to be roughly the same size as America's economy, it is now about 50% smaller.

    They can no more afford to turn their back on one of the biggest economies in the World, than the Brits can turn their back on it.


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  • Registered Users, Registered Users 2 Posts: 1,984 ✭✭✭I says


    3.75 base steers in thoroughbred country this week


  • Registered Users, Registered Users 2 Posts: 1,256 ✭✭✭morphy87


    3 75 south east bullocks


  • Registered Users, Registered Users 2 Posts: 2,642 ✭✭✭Cavanjack


    morphy87 wrote: »
    3 75 south east bullocks

    Same in the north east. Hear 3.70 is going too.


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


    You’d have to have cattle booked into slaney last week to be on 3.75. On 3.70 now.
    A post up on Facebook about a bit of a stir brewing. A factory picket /boycott.


  • Registered Users, Registered Users 2 Posts: 2,642 ✭✭✭Cavanjack


    Was talking to an agent over the weekend, he was told to find out who is feeding over the winter and how many. They are worried about supplies for the spring he said.


  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    Cavanjack wrote: »
    Was talking to an agent over the weekend, he was told to find out who is feeding over the winter and how many. They are worried about supplies for the spring he said.

    Only started buying for themselves with the last week down here for there own sheds


  • Registered Users, Registered Users 2 Posts: 11,357 ✭✭✭✭Base price


    Willfarman wrote: »
    You’d have to have cattle booked into slaney last week to be on 3.75. On 3.70 now.
    A post up on Facebook about a bit of a stir brewing. A factory picket /boycott.
    This?
    https://www.farmersjournal.ie/new-beef-group-to-be-launched-406009


  • Registered Users, Registered Users 2 Posts: 11,224 ✭✭✭✭wrangler


    Base price wrote: »

    Competition Authority won't allow that and well the factories know it


  • Registered Users, Registered Users 2 Posts: 18,978 ✭✭✭✭Bass Reeves


    Cavanjack wrote: »
    Was talking to an agent over the weekend, he was told to find out who is feeding over the winter and how many. They are worried about supplies for the spring he said.
    Pidae.m wrote: »
    Only started buying for themselves with the last week down here for there own sheds

    They have reason to be. Processors think that by reducing factory prices they can force store prices down. The only problem is that lads that are getting hit are finishers who have to go out and buy stores with less in there pocket. Most have struggled over the last few years to break even at finishing. It has becom too expensive. Risk are huge and lads have been well burnt paying for cattle and feed up front to find post Christmass factory's rushing to cut the price of finished beef. Lads then have to compete for expensive stores in spring to put to grass. As well by finishing over the winter you hit nitrates issues and this hits you ability to access envoirmental schemes

    The out look is too poor even without taking Brexit into account. Rations 20% motre expensive and going up in price silage and straw at record prices and forward stores are still too erxpensive. The lad finishing 20-100 are exiting and any dairy farmer that used to finish a few cattle is targeting any fodder on hand at his cows this year. With the price silage and maize silage is making most lads that finished cattle in the eastern part of the country are taking the money.

    Processors themselves buying cattle has runied finishers they use these to keep a lid on prices so as Willfarmer said in another thread there is no peaks and troughs to amke money. From around 2006-2014 I used to make a nice twist before and after Christmas. I used to finish 20-30 mostly friesian bulls killing 290-350 kgs. Used to buy at different stages. They left a nice margin. After the bull debacle a few years ago I exited that and then finished a few bullocks for a while. Now I have stopped that as well. Why would you put cattle into a shed with the risk's and costs involved.

    Slava Ukrainii



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


    Base price wrote: »

    Yes. It has potential while the weather holds


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  • Registered Users, Registered Users 2 Posts: 11,357 ✭✭✭✭Base price


    wrangler wrote: »
    Competition Authority won't allow that and well the factories know it
    Why wrangler, I thought there was backing for producer groups from DAFM.


  • Registered Users, Registered Users 2 Posts: 11,224 ✭✭✭✭wrangler


    Base price wrote: »
    Why wrangler, I thought there was backing for producer groups from DAFM.

    ''If the response isn’t adequate, the plan proposes “not to send any cattle to a factory under a set price” and “not to send cattle to a particular factory at short notice”.


    CA would be likely to regard that as price fixing


  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    Base price wrote: »
    Why wrangler, I thought there was backing for producer groups from DAFM.

    There is one in fermoy do, its called the Blackwater producer group. For example they've about 500 cull fr cows between them that they sell. Think they are a mix of dairy and dry stock


  • Registered Users, Registered Users 2 Posts: 11,357 ✭✭✭✭Base price


    wrangler wrote: »

    ''If the response isn’t adequate, the plan proposes “not to send any cattle to a factory under a set price” and “not to send cattle to a particular factory at short notice”.


    CA would be likely to regard that as price fixing
    You are the only person that I know is in a producer group. I presume it works as follows - A number of farmers with simular type animals agree to join together to form a group in order to maximise their selling power. They make an arrangement (legal?) with a factory (one or more?) to supply a certain number of animals on a regular basis (weekly/fortnightly - for the year?) that fulfill a predetermined specification (weight/confirmation/fatscore etc) by the factory.
    Is the price per kg agreed prior to supply and does the price hold for the year presuming specifications are met.

    What happens if the group cannot supply the required number of animals.
    What happens if there is an over supply of animals in any particular week - i.e is there a reduction in the price per kg.
    Can members of the group sell to other factories that the group does not have an agreement with.
    * What happens if another factory (that the group does not have an agreement with) have a higher price per kg for the specification.
    ** What happens if the price collapses due to a horse meat type scandal.
    I've more questions that I thought about during the day but I've forgotten them at the min.


  • Registered Users, Registered Users 2 Posts: 11,224 ✭✭✭✭wrangler


    Base price wrote: »
    You are the only person that I know is in a producer group. I presume it works as follows - A number of farmers with simular type animals agree to join together to form a group in order to maximise their selling power. They make an arrangement (legal?) with a factory (one or more?) to supply a certain number of animals on a regular basis (weekly/fortnightly - for the year?) that fulfill a predetermined specification (weight/confirmation/fatscore etc) by the factory.
    Is the price per kg agreed prior to supply and does the price hold for the year presuming specifications are met.

    What happens if the group cannot supply the required number of animals.
    What happens if there is an over supply of animals in any particular week - i.e is there a reduction in the price per kg.
    Can members of the group sell to other factories that the group does not have an agreement with. I've more questions that I thought about during the day but I've forgotten them at the min.

    We agree the bonuses (and penalties) at the start of the year and the base price is based on the journal quotes each week,
    Each member tells them roughly how many we'll have each month but the numbers don't have to be that exact.
    Generally members sell all to the group, if they have inspec lambs they won't do any better anywhere else but if they're not inspec they won't do well, some people haven't time to weigh every week/
    Factory take whatever we supply every week, lorries get a time slot of when to arrive and get priority in those time slots, very seldom they would get delayed.
    Our group is going since the late sixties and we have the same coordinator since then and he has a lot to do with the success of it
    IF there was a problem with price you'd only have to set up with it and try to tighten up next years agreement, members seem happy enough with the way we're treated


  • Registered Users, Registered Users 2 Posts: 11,357 ✭✭✭✭Base price


    wrangler wrote: »
    We agree the bonuses (and penalties) at the start of the year and the base price is based on the journal quotes each week,
    Each member tells them roughly how many we'll have each month but the numbers don't have to be that exact.
    Generally members sell all to the group, if they have inspec lambs they won't do any better anywhere else but if they're not inspec they won't do well, some people haven't time to weigh every week/
    Factory take whatever we supply every week, lorries get a time slot of when to arrive and get priority in those time slots, very seldom they would get delayed.
    Our group is going since the late sixties and we have the same coordinator since then and he has a lot to do with the success of it
    IF there was a problem with price you'd only have to set up with it and try to tighten up next years agreement, members seem happy enough with the way we're treated
    So other than knowing what the bonuses and penalties are (+/- per kg) the producer group are taking the same price as everyone else?
    We have a good friend who is a beef farmer in Texas. He can forward sell a percentage of his cattle at a guaranteed price per lb to the factories. He can buy an additional insurance policy to cover a price shift.

    He can also forward purchase feed/minerals- maize, wheat, barley etc and he can also buy an insurance policy to cover any abrupt shift in price.

    Other than the use of hormones in the USA why can't we Irish follow a simular plan :confused:


  • Registered Users Posts: 124 ✭✭Fireside Solicitor


    They have reason to be. Processors think that by reducing factory prices they can force store prices down. The only problem is that lads that are getting hit are finishers who have to go out and buy stores with less in there pocket. Most have struggled over the last few years to break even at finishing. It has becom too expensive. Risk are huge and lads have been well burnt paying for cattle and feed up front to find post Christmass factory's rushing to cut the price of finished beef. Lads then have to compete for expensive stores in spring to put to grass. As well by finishing over the winter you hit nitrates issues and this hits you ability to access envoirmental schemes

    The out look is too poor even without taking Brexit into account. Rations 20% motre expensive and going up in price silage and straw at record prices and forward stores are still too erxpensive. The lad finishing 20-100 are exiting and any dairy farmer that used to finish a few cattle is targeting any fodder on hand at his cows this year. With the price silage and maize silage is making most lads that finished cattle in the eastern part of the country are taking the money.

    Processors themselves buying cattle has runied finishers they use these to keep a lid on prices so as Willfarmer said in another thread there is no peaks and troughs to amke money. From around 2006-2014 I used to make a nice twist before and after Christmas. I used to finish 20-30 mostly friesian bulls killing 290-350 kgs. Used to buy at different stages. They left a nice margin. After the bull debacle a few years ago I exited that and then finished a few bullocks for a while. Now I have stopped that as well. Why would you put cattle into a shed with the risk's and costs involved.

    Killing the last of 60 bullocks at the minute and that will be it. Have the silage sold to a dairy man given the price in our neck of the woods and a deal done with a sheepman to graze the place out over next few months. Wintering is dead. Will buy a few in the spring but seriously thinking of letting part of the place to the dairy man. I’m 60 and too old to go down that route myself. Will make a decision by Christmas. 4 other lads in our area have given up either beer or tillage in last couple of years.


  • Registered Users, Registered Users 2 Posts: 11,224 ✭✭✭✭wrangler


    Base price wrote: »
    So other than knowing what the bonuses and penalties are (+/- per kg) the producer group are taking the same price as everyone else?
    We have a good friend who is a beef farmer in Texas. He can forward sell a percentage of his cattle at a guaranteed price per lb to the factories. He can buy an additional insurance policy to cover a price shift.

    He can also forward purchase feed/minerals- maize, wheat, barley etc and he can also buy an insurance policy to cover any abrupt shift in price.

    Other than the use of hormones in the USA why can't we Irish follow a simular plan :confused:

    I can't see where a better price is going to come from if people keep using SFP to subsidise cattle prices. The annual roll out of ''cattle are making €250/hd in England'' means nothing as England can get imported beef at the same price any where else in Europe for catering, burgers, etc,
    Until there's a crisis (which mightn't be too far way) where people stop feeding cattle this won't be sorted, as bad as this year is I guarantee that you'll see an increase in price and demand for store cattle when SFP arrives.
    As for producer groups, they're not Utopia, but there's lots of people taking very little more than the journal quotes for their lamb and they're getting ripped off as well in the marts so it saves our farmers from that......some of our members might only be selling 50 or 100 lambs in the year. Factories won't compete for groups, sure everyone knows there's no cartel in factories :rolleyes:
    What's your friend getting for beef, hormone are a huge help there


  • Registered Users Posts: 124 ✭✭Fireside Solicitor


    There is a businessman near us inherited the place off his father. It is a good farm with 20k sfp. Yer man if he looks at it once a week that’s it. He has 70 bullocks and tells me he doesn’t care if they make anything once they don’t cost him anything......he wouldn’t have clue what happens with them.He was joking with one of the lads that the farm was great for hiding expenses from the tax man. This man drives a 100k bmw. When the system treats him the same as me sure it will never be right


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  • Registered Users, Registered Users 2 Posts: 14,211 ✭✭✭✭Danzy


    Base price wrote: »
    So other than knowing what the bonuses and penalties are (+/- per kg) the producer group are taking the same price as everyone else?
    We have a good friend who is a beef farmer in Texas. He can forward sell a percentage of his cattle at a guaranteed price per lb to the factories. He can buy an additional insurance policy to cover a price shift.

    He can also forward purchase feed/minerals- maize, wheat, barley etc and he can also buy an insurance policy to cover any abrupt shift in price.

    Other than the use of hormones in the USA why can't we Irish follow a simular plan :confused:

    I had cousins over from Queensland, 12000 acres stocked at one to three acres, no wintering, some baled silage for weaklings and all the witchiti bugs a man could eat.

    Our grass is unsurpassable but our winters and their scale are the problem.

    The man in Texas or my cousins wouldn't know what a pallet of fertilizer was. They get high quality grain for next to nothing.


  • Moderators, Society & Culture Moderators Posts: 12,704 Mod ✭✭✭✭blue5000


    wrangler wrote: »
    I can't see where a better price is going to come from if people keep using SFP to subsidise cattle prices. The annual roll out of ''cattle are making €250/hd in England'' means nothing as England can get imported beef at the same price any where else in Europe for catering, burgers, etc,
    Until there's a crisis (which mightn't be too far way) where people stop feeding cattle this won't be sorted, as bad as this year is I guarantee that you'll see an increase in price and demand for store cattle when SFP arrives.
    As for producer groups, they're not Utopia, but there's lots of people taking very little more than the journal quotes for their lamb and they're getting ripped off as well in the marts so it saves our farmers from that......some of our members might only be selling 50 or 100 lambs in the year. Factories won't compete for groups, sure everyone knows there's no cartel in factories :rolleyes:
    What's your friend getting for beef, hormone are a huge help there

    Can't see it happening this year TBH, too many other bills to be paid this time, meal, contractors, repayments. If there is a lift in prices it will be like a dead cat bouncing.

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



  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    Down south getting 1:50 for bonners out the parlour. Herd of 1:20 but also know of lads getting 2:40 near dublin.


  • Closed Accounts Posts: 851 ✭✭✭Pidae.m


    Anyone any sniff of O+ R- cows 330kgs dead


  • Registered Users, Registered Users 2 Posts: 11,224 ✭✭✭✭wrangler


    There is a businessman near us inherited the place off his father. It is a good farm with 20k sfp. Yer man if he looks at it once a week that’s it. He has 70 bullocks and tells me he doesn’t care if they make anything once they don’t cost him anything......he wouldn’t have clue what happens with them.He was joking with one of the lads that the farm was great for hiding expenses from the tax man. This man drives a 100k bmw. When the system treats him the same as me sure it will never be right

    Farming in Ireland is gone too far down the part time route to be advocating taking off farm income into account when deciding entitlements. most farms have two (or three ) incomes coming in now


  • Registered Users Posts: 1,232 ✭✭✭Dozer1


    O+ 4- cow 372.8kgs 3.10/kg killed on the 21-Sept LM cow


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  • Moderators, Society & Culture Moderators Posts: 12,704 Mod ✭✭✭✭blue5000


    Pidae.m wrote: »
    Anyone any sniff of O+ R- cows 330kgs dead
    Dozer1 wrote: »
    O+ 4- cow 372.8kgs 3.10/kg killed on the 21-Sept LM cow

    R s might be at 3.30 ish, there's definitely a good home for heavy, well fleshed cows. I suspect they're going to France. Sunrise Plants only want them for burgers, they like the fat to glue the mince together......

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



  • Registered Users, Registered Users 2 Posts: 11,224 ✭✭✭✭wrangler


    Just after getting a text for a suckler/beef campaign meeting in Ballinasloe next monday night......salvation is nigh :D


  • Registered Users Posts: 577 ✭✭✭gerryirl


    wrangler wrote: »
    Just after getting a text for a suckler/beef campaign meeting in Ballinasloe next monday night......salvation is nigh :D

    there was no time with the text but rumor has it that the first one to guess the time right will get €4.50 a kilo in a factory of choice for 1 week :D


  • Registered Users, Registered Users 2 Posts: 11,174 ✭✭✭✭Muckit


    wrangler wrote: »
    Just after getting a text for a suckler/beef campaign meeting in Ballinasloe next monday night......salvation is nigh :D

    Details? Shearwater Hotel?


  • Registered Users Posts: 577 ✭✭✭gerryirl


    8 pm Monday 1st October Shearwater Hotel Ballinasloe.


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