Beef price tracker 2

Have they attempted to drop them back your way?

Why do you reckon there was still a chance of them rising? I think if they hold what there at it won’t be too bad

The processors are caught in a conundrum they would love to pull prices. However the British beef price is 50c/ kg higher and strengthening due to a large deficit in beef. Pulling prices could see a flood of cattle going North or going to the UK abbatoir system. As well it might send the wrong signal to winter finishers who are hesitant about feeding cattle this year. As well at present cattle are flowing through the system, there is still 50k less cattle to kill before year end any interruption might deter lads feeding lighter cattle to kill off grass. Any concerted pull might also bring unfavorable attention from the EU competition authority.

I am not saying any of the above in particular might stop them but normally but as a combination they may be inclined to keep it steady as it goes until next year's glut happens.

An exceptionally strong British beef price that is strengthening. There is over 50c/kg in the difference that is over 180 euro on a 350kg carcase. There is absolutely no sub 2 year old store bulls in the system this year the processors have squeezed them out of the system. Even the 16 months old continental bull has disappeared. If they pull prices now they will have to indicate that they are willing to pay for November/December beef. Too many lads burnt over the last two years winter feeding. Winter beef ration will cost 280-300/ton. They can only feed so many in there own feedlots. While they may pull by 5-10c/kg a sustained pull will knock too much confidence out of the system.

As well like I said it could draw unwanted attention to the cartel

you can talk all day about the above. Factories don’t give a flying fook. If the wet weather continues, price will be pulled and farmers will panic and they’ll get cattle. I think best we can hope for is to hold them at €4 for steers.

Absolutely spot on.

I do not think that any processor's gives a fook about anything.....except to what they can get away with. Processor's have shown an ability to adapt to any situation. They have been challenged over the February price pull and put it down to Brexit. The government is in the mind to put a beef ombudsman as opposed to s regulator.

John Gotti did not give a fook he was in prison by the time he was 53 and spend the rest of his life in prison. Add in Sean Quinn, Sean Dunne and Sean Quinn the last downturn was hard on the Sean's.

There is a political saying when you are explaining you are losing. MII were explaining after February ......the processors will not want them explaining again.

I am not too sure about lads filling sheds if they feel the rug will be pulled from under them. The economics of winter finishing has changed. You are risking 10k's now not a few thousand. It has become very technical. Buying skill around the ring will only take you so far and that swallow's time. I saw a lad having a stool at one of the cubicles around the ring yesterday....just on that they can no longer hope to squeeze in if they go away for a break whether it's a p!SS or a sandwich.

There a lot of U30 month cattle gone already

I think that is s bit harsh. I bought the rag for the third time this year. The other two times were also because of CAP headline.

It's really a redtop now sorry yellow top. A whole front page consigned to selling the paper. The only real insight was on suckler's the rest about CAP was recycled news.

What was frightening was it continual pushing if a suckler agenda.

As well I hear that the IFA had a crisis meeting in Portlaois regarding finances. Wrangler can you give an update. It was for selected attendee's only so you may not have been invited. I heard they wanted solutions not wafflers.

On the rag itself when you throw the machinery section in the recycling bin and give the better half the country/living section there is not much left for 3.30 euro, there is more in the FI now for 2.20 and you get s bit of general news as well.

Killed 10 during all grass no meal the week ave 1.3kgs a day from going to grass 13th March(weighed getting out of the shed)to last Wednesday. All hex and aax all under 30 months. Best did from 430kgsLW on 13th March to killing out at 350kgsDW hex thrived from 1st day at grass and lightest did from 450kgsLW to kill out at 299kgsDW. Graded Os happy out.

I am chair in local ifa ,all the small farmers all pay thier due and are happy with their representation but all the lads well able to pay and get most benefit wont pay their membership .5 big local beef finisher who all got 100/finished animal from ifa lobbying none renewed their membership .I really think it is a sinking ship but when it is gone the big farmers will lose the most .It just shows greed by alot of farmers not paying a couple of hundred for all the representation they get .By the talk on here you would swear every ifa officer is on a wage ,I wonder how long more alot of them will bother with the great support they get from fellow farmers .I think Ifa have some of the most forward thinking farmers in their ranks the likes of harold Kingston really impress me

When Pat Smith went to Connaught and west of Ireland meeting threatening Regionalisation to those looking for Convergence in 2014 it was a disgrace. The IFA opened a door for farmers west of Athlone from Mizen Head to Mallen Head who duly exited in droves. They also pulled there levies from marts. The IFA membership numbers do not show the true decline as they now encourage members to register there spouses and family to hide loss of numbers

That’s good going weight wise,you must of having good grass in front of them all year,I am just wondering what should cattle put on a day over the summer if good quality grass is in front of them? Would your figures be the norm or did yours do exceptionally well?

I wouldn't put much credibility on any reports you heard from conaught, I was invited down to a meeting that marian harkin held then and she thought she was going to take my entitlements FFS. I know some of our officers left it but I stayed to the end, She was playing to the audience and they couldn't see it, Is it any wonder I used to come out of those meetings saying ''f..kem

What are ye paying for feed these days. Getting a good barley maize mix for €270. Wouldn’t say it’s coming down anytime soon.

It was reported in the rag at the time that is where I got the story from.