beef price tracker

Hershall

MIKEKC wrote: »

Crowds much smaller today, must be all stocked up. No improvement in cattle prices for next week

Local here has pulled the quote by 5 cent for tomorrow

Cavanjack

I hear Bulls are back 10 cent from last week. This is the start of it.

Buford T. Justice XIX

Not a good indicator for beef prices in the short term.
https://twitter.com/farmersjournal/status/1240576970611740673?s=19

blue5000

Cavanjack wrote: »

I hear Bulls are back 10 cent from last week. This is the start of it.

All the lads that left the shed empty this winter can feel happy so.

BENDYBINN

blue5000 wrote: »

All the lads that left the shed empty this winter can feel happy so.

Their fields mighty be empty for the summer as well!

Water John

Well the cattle have to be somewhere?

BENDYBINN

Water John wrote: »

Well the cattle have to be somewhere?

They will be stayin where they are.....

Cavanjack

blue5000 wrote: »

All the lads that left the shed empty this winter can feel happy so.

The 40k kill last week doesn’t suggest too many left them empty. A couple of thousand calves included in that ok but still.

Panch18

McDonalds are closing all Irish outlets tomorrow

Biggest purchaser Of beef in Ireland I believe

This can’t be good for beef price

TooOldBoots

Panch18 wrote: »

McDonalds are closing all Irish outlets tomorrow

Biggest purchaser Of beef in Ireland I believe

This can’t be good for beef price

By the time this virus is gone we will be facing into more Brexit uncertainty. This should mean Beef will be on its knees again by the end of the Summer

morphy87

Panch18 wrote: »

McDonalds are closing all Irish outlets tomorrow

Biggest purchaser Of beef in Ireland I believe

This can’t be good for beef price

Not good I’d agree, but hopefully more people will eat burgers at home,quick and easy to cook and if you are going to McDonald’s and purchase a burger but if you go to a shop you more than likely will buy a pack, maybe six in a pack unless your dealing with a butcher, was talking to a butcher Friday he was never so busy, never sold as many Sunday roasts for this weekend in his career, so maybe the hit might not be to bad

RightTurnClyde

Panch18 wrote: »

McDonalds are closing all Irish outlets tomorrow

Biggest purchaser Of beef in Ireland I believe

This can’t be good for beef price

McDonalds UK aswell 1270 outlets.
Not good

Good loser

TooOldBoots wrote: »

By the time this virus is gone we will be facing into more Brexit uncertainty. This should mean Beef will be on its knees again by the end of the Summer

I think now that the Brexit hit will be pushed into next year.


Short term the sterling collapse will be significant.

Bass Reeves

RightTurnClyde wrote: »

McDonalds UK aswell 1270 outlets.
Not good

It hard to know what way food consumption will go. Fishing fleets are in port as at last auction fish were making less than the diesel cost to catch. All the talk is burger consumption will decline McD's closing and no burger after the Saturday soccer match. No steaks because restaurants closed.
Question is what will replace all these proteins. Chicken??. There is s lot of that sold by fast food joints and ready cooked out of Chinese and deli's in shops/supermarket's. However most of that comes from Thailand.
I think beef will hold its own. Supermarkets will not replace chicken on shelves sourced from EU farms with Asian product. Chinese demand for pork and chicken will raise again as crisis seems to be over there at present. If fish remains scarce beef should at least hold it own. Steaks are no longer expensive in shops. Pubs closed. Bolanaise on Tuesday, a couple of steaks on Thursday, Roast on Sunday as no trip to the shops or Grandparents, and leftover's on Monday or for sannies during the week. There might even be s bit for the dog or cat.

K.G.

Bass Reeves wrote: »

It hard to know what way food consumption will go. Fishing fleets are in port as at last auction fish were making less than the diesel cost to catch. All the talk is burger consumption will decline McD's closing and no burger after the Saturday soccer match. No steaks because restaurants closed.
Question is what will replace all these proteins. Chicken??. There is s lot of that sold by fast food joints and ready cooked out of Chinese and deli's in shops/supermarket's. However most of that comes from Thailand.
I think beef will hold its own. Supermarkets will not replace chicken on shelves sourced from EU farms with Asian product. Chinese demand for pork and chicken will raise again as crisis seems to be over there at present. If fish remains scarce beef should at least hold it own. Steaks are no longer expensive in shops. Pubs closed. Bolanaise on Tuesday, a couple of steaks on Thursday, Roast on Sunday as no trip to the shops or Grandparents, and leftover's on Monday or for sannies during the week. There might even be s bit for the dog or cat.

In the last recession, the cheap meat got dear and the dear meet got cheap.by that i mean people when they have little money will buy the cheaper type of meat so i think it will all come down to price per kilo.if chicken is the cheapest it will boom but if beef is the dearest it will get cheaper.i m not sure which is the most expensive to the consumer but iknow that beef is the most expensive to produce here.beef farmers are making nothing at 3.60 a kilo where as the break even for pigs is around half that or less.google tells me chicken is around 1.70 a kilo.so reading from that the outlook mightn't be great.it all depends on how much effect this has on the world economy.the truth is i dont have a bulls notion how all this is going to pan out though

Bass Reeves

K.G. wrote: »

In the last recession, the cheap meat got dear and the dear meet got cheap.by that i mean people when they have little money will buy the cheaper type of meat so i think it will all come down to price per kilo.if chicken is the cheapest it will boom but if beef is the dearest it will get cheaper.i m not sure which is the most expensive to the consumer but iknow that beef is the most expensive to produce here.beef farmers are making nothing at 3.60 a kilo where as the break even for pigs is around half that or less.google tells me chicken is around 1.70 a kilo.so reading from that the outlook mightn't be great.it all depends on how much effect this has on the world economy.the truth is i dont have a bulls notion how all this is going to pan out though

In a normal recession people have way less money to spend. Admittedly I am only looking at the short term. In the short term a lot people will be working from home spending less on diesel and on latte's. Government's are paying larger income supports, no pubs and no social gathering.

It interesting that at present you cannot buy flour in shop's. Is this because people are so badly off they have to do there own baking. With more time on there hands and more mini for alot of people buying decent food may be the luxury they choose

kk.man

The price around the ring better fall now... It will be the biggest wake up in Spring Marts in a number of years.

Oil now trading at 25 usd a barrel.

Robson99

kk.man wrote: »

The price around the ring better fall now... It will be the biggest wake up in Spring Marts in a number of years.

Oil now trading at 25 usd a barrel.

Watch the factories drop the price now and Hoover up everything in the marts even if the have to give over the odds.
They always prefer to give it in the mart rather than at their gates

bogman_bass

kk.man wrote: »

The price around the ring better fall now... It will be the biggest wake up in Spring Marts in a number of years.

Oil now trading at 25 usd a barrel.

I wouldn’t like to be buying big CH cattle this year. With hotels closed the market for big carcass’s is gone. Demand from the supermarkets is up but now it’s tge only game in town

K.G.

Bass Reeves wrote: »

In a normal recession people have way less money to spend. Admittedly I am only looking at the short term. In the short term a lot people will be working from home spending less on diesel and on latte's. Government's are paying larger income supports, no pubs and no social gathering.

It interesting that at present you cannot buy flour in shop's. Is this because people are so badly off they have to do there own baking. With more time on there hands and more mini for alot of people buying decent food may be the luxury they choose

If you told people a month ago that there d be no plane in the sky ,now its accepted

Reggie.

K.G. wrote: »

If you told people a month ago that there d be no plane in the sky ,now its accepted

Adopt and overcome

Water John

I think one thing people can and will do is put good food on the table, since so many other options in life are not available ATM.

locha

Anyone getting better then 3.65 base for steers

Buford T. Justice XIX

Supermacs the next to close, stopping next Thursday evening.

https://www.farmersjournal.ie/supermacs-to-close-all-outlets-by-thursday-535764

Cavanjack

locha wrote: »

Anyone getting better then 3.65 base for steers

Got 3.70 last week

DukeCaboom

Just heard down here that there not quoting for the rest of the week.

Sheep breeder

Bass Reeves wrote: »

It hard to know what way food consumption will go. Fishing fleets are in port as at last auction fish were making less than the diesel cost to catch. All the talk is burger consumption will decline McD's closing and no burger after the Saturday soccer match. No steaks because restaurants closed.
Question is what will replace all these proteins. Chicken??. There is s lot of that sold by fast food joints and ready cooked out of Chinese and deli's in shops/supermarket's. However most of that comes from Thailand.
I think beef will hold its own. Supermarkets will not replace chicken on shelves sourced from EU farms with Asian product. Chinese demand for pork and chicken will raise again as crisis seems to be over there at present. If fish remains scarce beef should at least hold it own. Steaks are no longer expensive in shops. Pubs closed. Bolanaise on Tuesday, a couple of steaks on Thursday, Roast on Sunday as no trip to the shops or Grandparents, and leftover's on Monday or for sannies during the week. There might even be s bit for the dog or cat.

Was in Lidl this morning and a 1.2kg chicken 2 euro and very hard to beat that for value.

Water John

Did I see Moy Park were looking for workers?

In terms of protein, fish is not being harvested, so various meats will be filling that gap.

lab man

look at flight radar youll get a fair shock my man

jntsnk

Sheep breeder wrote: »

Was in Lidl this morning and a 1.2kg chicken 2 euro and very hard to beat that for value.

I noticed that packs of beef and chickens slice now weighs a lot less. It’s the old trick to fool the consumer, no price increase but cut the weight.

CHOPS01

Do the factories ever make mistakes that benefit the farmer !!
Killed 2 HEx last week 34 months not overdone.
Always have a stab at weight and grade of the animals just to see if I'm becoming a better judge ! So my guess was
Bullock 1 355kg O+3+ (the better in my opinion)
Bullock 2 340kg O-3=

Killed out as follows
Bullock 1 362kg O+4=
Bullock 2 405kg O=4=

So leaving aside the grading, I either had bullock 1 almost spot on the weight and bullock 2 was a cock up by the factory or else I was just totally out and screwed on bullock 1.
In any case I'm not complaining. Expected to be done for clipping also but wasn't.

Duke92

CHOPS01 wrote: »

Do the factories ever make mistakes that benefit the farmer !!
Killed 2 HEx last week 34 months not overdone.
Always have a stab at weight and grade of the animals just to see if I'm becoming a better judge ! So my guess was
Bullock 1 355kg O+3+ (the better in my opinion)
Bullock 2 340kg O-3=

Killed out as follows
Bullock 1 362kg O+4=
Bullock 2 405kg O=4=

So leaving aside the grading, I either had bullock 1 almost spot on the weight and bullock 2 was a cock up by the factory or else I was just totally out and screwed on bullock 1.
In any case I'm not complaining. Expected to be done for clipping also but wasn't.

There’s nothing between o- and o=

Bass Reeves

CHOPS01 wrote: »

Do the factories ever make mistakes that benefit the farmer !!
Killed 2 HEx last week 34 months not overdone.
Always have a stab at weight and grade of the animals just to see if I'm becoming a better judge ! So my guess was
Bullock 1 355kg O+3+ (the better in my opinion)
Bullock 2 340kg O-3=

Killed out as follows
Bullock 1 362kg O+4=
Bullock 2 405kg O=4=

So leaving aside the grading, I either had bullock 1 almost spot on the weight and bullock 2 was a cock up by the factory or else I was just totally out and screwed on bullock 1.
In any case I'm not complaining. Expected to be done for clipping also but wasn't.

The only way the factory made a mistake is if they mixed your and another animals tags up during the slaughter process. This is very unlikely and if it happened there is some farmer out there wondering why a bullock preformed so badly.

However plain bullocks can surprise you at times they can really weigh.however that is a big difference to be wrong about. I had two bullocks this year one s plain all black Friesian bullock 34 months killed 407 kgs he was bought in August And I has a BA bullock that I had 18months kill 410. The grades were R+ and O=, I taught the plain fella was nearer a P but he was fierce long. The plain fellow was killed 4weeks before the good one I taught the good lad would be 450kgs I could not understand it. But the plain fella was gobbling out through the barrier any time I was there

mf240

Any delay in getting in cattle.

Bass Reeves

mf240 wrote: »

Any delay in getting in cattle.

I say there is no issue with U36 month cattle however heavy bulls, cows etc could be a different matter

Panch18

CHOPS01 wrote: »

Do the factories ever make mistakes that benefit the farmer !!
Killed 2 HEx last week 34 months not overdone.
Always have a stab at weight and grade of the animals just to see if I'm becoming a better judge ! So my guess was
Bullock 1 355kg O+3+ (the better in my opinion)
Bullock 2 340kg O-3=

Killed out as follows
Bullock 1 362kg O+4=
Bullock 2 405kg O=4=

So leaving aside the grading, I either had bullock 1 almost spot on the weight and bullock 2 was a cock up by the factory or else I was just totally out and screwed on bullock 1.
In any case I'm not complaining. Expected to be done for clipping also but wasn't.

At that age it would be very difficult to have a Hereford as a 3. By their nature they carry a lot of fat cover and would normally be on the higher side when it comes to fat

CHOPS01

Jjameson wrote: »

Did they leave a twist?

As it turns out yes but not huge. At what I was expecting would have broke even. Cost €1000 a piece end of April last year probably €30/€40 too much for em. Averaged at €1354.
Had been with a batch I finished last December getting 4kg of 16% but for 4weeks. When I knew they wouldn't be ready at 30mts I left em with bunch of stores so were getting just over 2kg of ration a day since late December. A mix of rolled barley and 16% nut.

CHOPS01

Bass Reeves wrote: »

The only way the factory made a mistake is if they mixed your and another animals tags up during the slaughter process. This is very unlikely and if it happened there is some farmer out there wondering why a bullock preformed so badly.

However plain bullocks can surprise you at times they can really weigh.however that is a big difference to be wrong about. I had two bullocks this year one s plain all black Friesian bullock 34 months killed 407 kgs he was bought in August And I has a BA bullock that I had 18months kill 410. The grades were R+ and O=, I taught the plain fella was nearer a P but he was fierce long. The plain fellow was killed 4weeks before the good one I taught the good lad would be 450kgs I could not understand it. But the plain fella was gobbling out through the barrier any time I was there

In fairness they were big rangey animals for a finish.
Surprising thing is to look at them no way would I have said there was such a difference.
Even at only 50% killout difference would have been about 90kg live weight.

cute geoge

CHOPS01 wrote: »

In fairness they were big rangey animals for a finish.
Surprising thing is to look at them no way would I have said there was such a difference.
Even at only 50% killout difference would have been about 90kg live weight.

If the second bullock was not squeezed properly he would have bull tendecy's and he would weigh like lead

CHOPS01

cute geoge wrote: »

If the second bullock was not squeezed properly he would have bull tendecy's and he would weigh like lead

That's interesting. Had no bullish traits in his appearance and bag was tight but he was a bit of a flighty fcuker.

Bass Reeves

cute geoge wrote: »

If the second bullock was not squeezed properly he would have bull tendecy's and he would weigh like lead

If he had bull tendency's you see it in his grade he be anO+/R grade. Some of them plain bullocks that do not weight when young if you can get finish on them.will weight very heavy. They are the sort of bullocks that crucify you as they fail to weight or grade but if you hold them and and they come up onto O= they really weight.

As the saying goes ''age weights'' especially in big plain bullocks that get into FS4

dryan

Anyone any updates for this week?

Quoted 3.55 base for steers up to 420kg for tomorrow. East midlands.
Anything over 420kg will get a flat rate payment of 3.55/kg.

From talking to the agent, sounds like they are doing me a favor taking them as they just dont want heavy continentals now due to limited export.

This is some punishment to take!

Cavanjack

dryan wrote: »

Anyone any updates for this week?

Quoted 3.55 base for steers up to 420kg for tomorrow. East midlands.
Anything over 420kg will get a flat rate payment of 3.55/kg.

From talking to the agent, sounds like they are doing me a favor taking them as they just dont want heavy continentals now due to limited export.

This is some punishment to take!

That’s a fair drop in a week. Worse yet to come probably

Cavanjack

CHOPS01 wrote: »

Do the factories ever make mistakes that benefit the farmer !!
Killed 2 HEx last week 34 months not overdone.
Always have a stab at weight and grade of the animals just to see if I'm becoming a better judge ! So my guess was
Bullock 1 355kg O+3+ (the better in my opinion)
Bullock 2 340kg O-3=

Killed out as follows
Bullock 1 362kg O+4=
Bullock 2 405kg O=4=

So leaving aside the grading, I either had bullock 1 almost spot on the weight and bullock 2 was a cock up by the factory or else I was just totally out and screwed on bullock 1.
In any case I'm not complaining. Expected to be done for clipping also but wasn't.

Yeah they made mistakes in My favour. I could never get through to them when I rang to tell them though .
Sometimes sending mixed loads of bulls and bullocks there might be an overage bull that they’d put down as a bullock. So instead of getting cut on them we’d get all the bonuses going on them and they’d usually weigh very heavy as bulls at 26 or 27 months old
Saying that the factories are like the bookies. They always win.

Hard Knocks

What’s u18 month bulls making?

Cavanjack

Hard Knocks wrote: »

What’s u18 month bulls making?

3.60 for u grades last week

Duke92

Jjameson wrote: »

There is a bit of turbulence coming but after the weather woes 2018, and then the Brexit profiteering last year beef finishing farmers have shown they are independently wealthy! Store cattle never showed the market reality and there’s no talk of much unpaid bills.

Don’t where you get that idea from I still owe 6 k for 2018
I think If you asked the merchants you’d get a different view lots of ppl still haven’t paid there bills in full since 18
The only saving was store could be bought for feck all in October November last year

Duke92

Heard Monday’s quotes €3:50

Duke92

Jjameson wrote: »

Hardly an idea. Merchants are owed more from dairy farmers than beef farmers in the south east. I seen no store cattle for feck all last November? I seen plenty of big out of spec cattle sold for feck all all right. Pensions, big sfp and independent income all subsidise beef finishing. Farmers made liars of the protests.

Cattle still coming rain hail or shine no matter the price. Doesn’t seem to matter.

Obviously they they have higher meal bills and fert
Compared to the hobby beef farmers

Dunedin

Duke92 wrote: »

Heard Monday’s quotes €3:50

Have to back on strike.........