Beef price tracker 2

1850 if he did not get the AA bonus 4.15 base (weight cut off 370 kgs). If he got the AA bonus it would have been 37 or 80 euro extra depending on whether it was 10 or 20c paid

Any movement on prices at the factory thus week....heifers

What sort of quotes are bullocks on? €4.55 is the best I heard of locally.

4.70 got here beginning of week with good bargaining power in Foyle meats.

It's gas, we eat a lot of beef here and burgers/steak/ and mince prices haven't went up so much as a cent in the local Dunnes, they'll make Hay late summer/autumn with a glut of cattle to be killed including alot of dairy and suckler cows getting the ramp aswell, but it will be slim pickings after that for them I'd say

Are 2 year old cattle hard to get? There was only about 50 bullocks and heifers in Elphin yesterday which would be very strange for this time of year I would have thought.

I have a 2 pens of Friesian Bullocks in the shed All Jan to march 20 born. All reasonable good bullocks. First time fattening these types of stock. Got about 2kgs of meal with silage this winter. I uped it to 4kgs two weeks ago and gone up it to 6kgs today. Some not far off from finishing with other needing more time. I have however noticed a big improvement in them in the last 6 weeks. The meal cost is high but I am hoping we will see €5kg base price by Easter. From what I hear finished cattle are scares with that to get tighter in the coming weeks. Anybody of the same opinion or am I way off in my thoughts.

Took a hit on the hoggets myself more or less the same as yourself. Can't win every year.

BS processor's were dropping priced continually to producers but holding priced to smaller sized buyers ( Pat MacDonagh of supermacs indicated the same) was there that much of an over supply that they needed to drop prices to that is extent. There was indications that processors were increasing there margins substantially.

Since then not only has the price increased but grading has increased substantially on plainer cattle especially in the big three plants.

We were told there was only a minimal margin that processors and retailers shared. However beef had dropped from a base of 3.9-4.2 to below 3.5/ kg or about 250/ carcase with no drop in supermarket price.

Now we are heading for 5/ kg and guess what there is not a significant difference in supermarket prices either. All that happened was processor's got very greedy.

I actually think when LG gave over control to his son the issue started. From about 2015/16 on there seemed to be more and more attempts to increase the profitability of the processing sector mainly at the expense of producers

This was carried out by using contracts for a small sections feedlots at the the expense of smaller producers. The light that was shone on the industry by the strike was not wanted.

There is still a battle for the NSAI to take over the monitoring of the grading machines. Lately I got a survey for the trading practices within the industry. There seems to be a push for to get farmers to start using the unfair trading authority to look at processors methods of controling supply and implementing price controls.

Larry was always the chairman. Mark was over Asia sales and now has his own restaurant/hotel.

Why is it. It's a fairly accurate analysis of what the reality is. Why is it not our business to ask questions about margins elsewhere in the chain. Margins at producer level are tight. We are not trading cars we are dealing in an industry which is worth nearly 25 billion 90% of which is exported. The total value of new cars sold last year was 10% of that and they were all imported. Well over 100k people from farmers, those working in the processing industry, agri feed sector, merchants, agri machinery all depend on this industry. The farmer pays them all in one form or another.

It's just been proved that price paid by consumers is not related to price paid to farmers. That margins within the processing/retailers industry seem to have been inflated fir the last 5+ years. But the gombeen men do not want to admit it.

No business wants competition and regulatory authorities looking overs it shoulders. Just this week the competition authority pulled up fuel suppliers over market signalling. The EU has bought market imbalance legislation I to place. The processing and retail industry do not want it looking into the way they work too closely.

I afraid it is you who is at your usual BS routine.

Your standard BS reply again ''start a meat factory'' blah blah blah. You cannot even counter my points as they are all correct and proved correct so give up your blah blah blah reply.

it's a bit sad and begrudging for anyone to be criticising the beef processors making a their profit when they haven't the balls to do it themselves, childish even

Making up these stories as well is a joke, you could make up plenty of stories about lazy farmers too that couldn't be bothered getting the fiinger out and doing it for themslves. or even manup and do somethingelse to make real money if they want it. whinge whinge whinge is all some can do.

It's not shite either baas to tell begrudgers to cop on and do it for themselve.

Price of oil has doubled too, are you going to make up conpiracy theories about that too.

It's the market boy, nothing else, supply and demand, whether manipulated or real

Lads is it not time to draw a line under the beef protest debacle .We are all sick of that shlte .Its well time to move on

It's not just beef protests, It's the attitude that any business that is doing better than their own,( and there are many such businesses), have to be belittled even to the extent of bringingthe targets family into it.