beef price tracker

Muckit

CloughCasey1 wrote: »

Scored well Muckit. What hanging weights and ages ave?

A mixed bag. Everything from 325-440cold and 25-29mths.

Willfarman

A lot of beef being put into coldstores last week and this. Good sign or only a measure to control trade when the glut clears?

wrangler

Willfarman wrote: »

A lot of beef being put into coldstores last week and this. Good sign or only a measure to control trade when the glut clears?

Probably can't sell it quick enough, I'd say they're under presure to take cattle now.
In 2013 they were saying over 30000/week puts pressure on prices, over 38000 cattle killed last week

Reggie.

wrangler wrote: »

Probably can't sell it quick enough, I'd say they're under presure to take cattle now.
In 2013 they were saying over 30000/week puts pressure on prices, over 38000 cattle killed last week

Wonder will this glut appear as way more cattle in marts the last month or so compared to say a non drought year

White Clover

wrangler wrote: »

Probably can't sell it quick enough, I'd say they're under presure to take cattle now.
In 2013 they were saying over 30000/week puts pressure on prices, over 38000 cattle killed last week

China are taking beef now. Would anyone know how much?

Reggie.

White Clover wrote: »

China are taking beef now. Would anyone know how much?

So are kuwait

charolais0153

White Clover wrote: »

China are taking beef now. Would anyone know how much?

Not enough to notice

White Clover

charolais0153 wrote: »

Not enough to notice

So we're told.....

tatoo

oneten wrote: »

Manual grading still goes on, if the grader code on your kill docket is anything other than 001 then your cattle have been manually graded, and is definitely being used by one factory to downgrade carcasses.
I've been on the receiving end of this thievery.
I'm told you can request the still images from the grading machine and have them assessed by an
" independent " assessor with the IFA if you are a member. I don't know how true this is.

I have found that since I signed up for the Hereford bonus that my cattle seem to be graded much more harshly, I would have got a reasonable - around 25% Rs, but now they grade as 0+, I'm getting in one hand while it's been simultaneously clawed back with the other.

Danzy

Reggie. wrote: »

Wonder will this glut appear as way more cattle in marts the last month or so compared to say a non drought year

Lot of marts quiet over the summer,still are in much of Munster.

Quieter than last year this Sept.

Could be well spread out over longer if the weather was any way reasonable.

Danzy

White Clover wrote: »

China are taking beef now. Would anyone know how much?

Think it is about 10k tonnes so far.

They are a long term hope. If they reached American levels of beef consumption there wouldn't be enough export beef globally to meet it.

Long term hope is good, eventual let down is far away.😉

Bass Reeves

tatoo wrote: »

I have found that since I signed up for the Hereford bonus that my cattle seem to be graded much more harshly, I would have got a reasonable - around 25% Rs, but now they grade as 0+, I'm getting in one hand while it's been simultaneously clawed back with the other.

I wonder why. The powers that be are blaming the dairy influence:rolleyes: I wonder do the processors get paid extra for R beef as opposed to O+ beef. Since beef has started to be prepacked for supermarkets grades have fallen IMO. But then I am a cynic and know nothing compared to the experts:cool:

Muckit

Any of ye get paid by factory by EFT?

gerryirl

Muckit wrote: »

Got on well with heifers.
Bit of learning though with 4th one. She was a super girl and l thought she done. She just slipped out of QA....just. Had she made the 2+ she would have made an extra 18c all in and would have left another €70!

There can be a fine line with some of them U cattle. They were great stock

Cavanjack

Muckit wrote: »

Any of ye get paid by factory by EFT?

Asked a factory and they dont do it.
Heard Talk of a rise next week.

Muckit

8 WORKING days for a cheque to clear if you have different bank to cheque issuer.

In this day and age it's dinosaur stuff

Cavanjack

Muckit wrote: »

8 WORKING days for a cheque to clear if you have different bank to cheque issuer.

In this day and age it's dinosaur stuff

Tis the factories we are talking about after all.

Bass Reeves

Muckit wrote: »

Any of ye get paid by factory by EFT?

Muckit wrote: »

8 WORKING days for a cheque to clear if you have different bank to cheque issuer.

In this day and age it's dinosaur stuff

Cavanjack wrote: »

Tis the factories we are talking about after all.

Factory's have no control over bank clearing times. EFT for all its advantages still can take 2-3 days to clear and that is from the time it is completed. Cheques can be cleared on the day by paying a small fee (about 15 euro as far as I know). However I never had an issue with funds clearing from cheques lodged in the bank. Factory's will have to use EFT within a year or two anyway.

Robson99

Muckit wrote: »

Got on well with heifers.
Bit of learning though with 4th one. She was a super girl and l thought she done. She just slipped out of QA....just. Had she made the 2+ she would have made an extra 18c all in and would have left another €70!

Could have Fed on for another month Muckit if time was on your side.
Those U and E grade cattle can take a lot of feeding before they will go fat

Danzy

Muckit wrote: »

8 WORKING days for a cheque to clear if you have different bank to cheque issuer.

In this day and age it's dinosaur stuff

Fierce profitable for the factory though.

EfT would be more straight forward for them but they make s lot from money sitting.

I pick the Cheque up the day it is ready.

wrangler

Danzy wrote: »

Fierce profitable for the factory though.

EfT would be more straight forward for them but they make s lot from money sitting.

I pick the Cheque up the day it is ready.

Mightn't be fierce profitable for them but it's a cost that isn't taken out of the price of the lamb ''the lamb pays for everything''.
We brought EFT up at our negotiations with the factory and they don't want it.
they'd have to increase they're borrowings by the value of a weeks kill or €2m.
It'd be another cost on the lamb, remember we get paid what's left after everyone else is (well) paid

whelan2

Cavanjack wrote: »

Asked a factory and they dont do it.
Heard Talk of a rise next week.

The ifa protest must have worked

kk.man

The EFT certainly would not suit the factories. As Wrangler said their cost of production would dramatically rise in the short to medium term. I say you would be amazed by the amount (particularly older farmers) who don't lodge cheques for ages. I know in my case working part time I don't get to the bank as often as I wished and was holding a cheque for over a week after I received it in the post. Then there are other reasons like estates of deceased persons etc.
Make no mistake this is a money saving exercise and EFT would ruin this for them.

whelan2

kk.man wrote: »

The EFT certainly would not suit the factories. As Wrangler said their cost of production would dramatically rise in the short to medium term. I say you would be amazed by the amount (particularly older farmers) who don't lodge cheques for ages. I know in my case working part time I don't get to the bank as often as I wished and was holding a cheque for over a week after I received it in the post. Then there are other reasons like estates of deceased persons etc.
Make no mistake this is a money saving exercise and EFT would ruin this for them.

Factory agent was telling me a few weeks ago that he can't get over the amount of lads who let the factory cheque go out of date

Cavanjack

whelan2 wrote: »

Factory agent was telling me a few weeks ago that he can't get over the amount of lads who let the factory cheque go out of date

They'd be Louth lads, wouldn't happen round here!!!!

Base price

ICSA picket AIBP Clones earlier today

http://www.agriland.ie/farming-news/icsa-beef-price-protest-brings-abp-plant-to-standstill/

charolais0153

Quick question. Why is their no quality assurance on young bulls?

FarmerDougal

charolais0153 wrote: »

Quick question. Why is their no quality assurance on young bulls?

There is if their u16 months

Cavanjack

charolais0153 wrote: »

Quick question. Why is their no quality assurance on young bulls?

The question should be why is there no quality assurance on young Bulls, heifers or bullocks grading o- or less, over 30 month bullocks and heifers or cows? If You are quality assured You should get the quality assurance bonus.

charolais0153

FarmerDougal wrote: »

There is if their u16 months

Orite,i just seen on agriland beef tracker thing taht young bulls are not eligible for quality assurance

CloughCasey1

charolais0153 wrote: »

Orite,i just seen on agriland beef tracker thing taht young bulls are not eligible for quality assurance

They are alright but getting the fat score on them can let a lad down.

Bass Reeves

charolais0153 wrote: »

Orite,i just seen on agriland beef tracker thing taht young bulls are not eligible for quality assurance

All bulls under 24 months are described as young bulls the processors only pay QA on U16 months bulls as well U16 bulls go on the grid 16-24 months bulls are paid flat. 16-24 months bulls would have a much better chance of getting into the right fat scores as well as grading better

Cavanjack

Any improvement?

CloughCasey1

Cavanjack wrote: »

Any improvement?

370-75 max for bullocks. Have a few turning 30mts in 10 days or so. No doubt will jump 10c the day after they hang.

gerryirl

CloughCasey1 wrote: »

370-75 max for bullocks. Have a few turning 30mts in 10 days or so. No doubt will jump 10c the day after they hang.

whats the forecast for the next few weeks ?. Probably a stalemate for a while maybe till the xmas market

CloughCasey1

gerryirl wrote: »

whats the forecast for the next few weeks ?. Probably a stalemate for a while maybe till the xmas market

They will give us 5c and take it away again a few times between now and end Nov. Maybe gain 15 -20c up to mid Dec and into new yr.

Pidae.m

No talk of a rise down here buts its easy to get stock gone, bring on what ever you want. Even rang Wed with young cattle and they were killed Friday which is rare.

CloughCasey1

Pidae.m wrote: »

No talk of a rise down here buts its easy to get stock gone, bring on what ever you want. Even rang Wed with young cattle and they were killed Friday which is rare.

Was talking to a man who kills dry cows and had three going last week and he got the impression they were waiting for him to come with them!!!!

TITANIUM.

Pidae.m wrote: »

No talk of a rise down here buts its easy to get stock gone, bring on what ever you want. Even rang Wed with young cattle and they were killed Friday which is rare.

Bandon?

Cavanjack

Got €3.80 yesterday for mix of overage and under 36 month bullocks. They'll hardly rise as quick as they fell

patsy_mccabe

It's the 30 month thing. Most are gone over that now with most births in Feb/March.

charolais0153

patsy_mccabe wrote: »

It's the 30 month thing. Most are gone over that now with most births in Feb/March.

Suckler births are fairly even throughout the year iirc

patsy_mccabe

charolais0153 wrote: »

Suckler births are fairly even throughout the year iirc

No, far from it. It's the factory kill that is fairly even.

Base price

patsy_mccabe wrote: »

No, far from it. It's the factory kill that is fairly even.

Patsy, that link is 2016 figures but you are correct calves born to beef sires are about twice that of dairy sires. Here is a link to dafm figures month on month for this year. Click on the second link and it opens a pdf read only file.
https://www.agriculture.gov.ie/animalhealthwelfare/animalidentificationmovement/cattle/bovinebirthandmovementsmonthlyreports/

Hard Knocks

Base price wrote: »

Patsy, that link is 2016 figures but you are correct calves born to beef sires are about twice that of dairy sires. Here is a link to dafm figures month on month for this year. Click on the second link and it opens a pdf read only file.
https://www.agriculture.gov.ie/animalhealthwelfare/animalidentificationmovement/cattle/bovinebirthandmovementsmonthlyreports/

But how many beef sired are off beef dams

Base price

Hard Knocks wrote: »

But how many beef sired are off beef dams

According to the link below, 798524 calves were born to suckler dams up to the 5th of October this year. However, that figure is down by 39,022 for the same period in 2017.
https://www.agriland.ie/farming-news/august-suckler-births-at-the-lowest-point-in-3-years/

Hard Knocks

Base price wrote: »

According to the link below, 798524 calves were born to suckler dams up to the 5th of October this year. However, that figure is down by 39,022 for the same period in 2017.
https://www.agriland.ie/farming-news/august-suckler-births-at-the-lowest-point-in-3-years/

Thanks, be lower next year

FarmerDougal

3.80 bullocks

gerryirl

3.8 they went up so. I only got 3.70 the other week

locha

FarmerDougal wrote: »

3.80 bullocks

What part of the country?