Beef price tracker 2

It's not only Larry. I'm sure anybody else won't give any more.

Hmmm..........doesn't surprise me.

Small bit of ground does us all

55 down here

I was told 4.60 or 4.65 but who knows until the cattle are dropped off.

I have some fine LMX coming to age now, would I be better keep them at grass now that I have plenty, let them go over 30 months and hope the price/their weight improves?

Makes sense, I'll weight them and see how they're travelling.

I'll hold them as far as I can before going over, hopefully the price improves

Had two missed calls from agent today looking for cattle.

I say it has bottomed out. Supplies are tightening I say. Most Friesians are now gone overage as few are born in March anymore. A lot of Beef breed cattle will be hung as well most left are April and May born so no pressure to run I to the factory with them.

August is now the pressure month. 7 month cattle will not be appearing until mid October. Admittedly a lot of AA and Hex will be hung off grass at 18-20 month but there will be no flush until late September or October.

That was a great price if there was a few P's and over 30 month animals in them. 7c/kg better than an average underage O- price.

I fail to understand why you do not do some research before making big claims like you seem to love doing. A quick look at the weekly kill figures would tell you that week ending 20 August 2023 had a total kill of 34,740. This is the highest since week ending 12 March 2023. And it was the first time since, that the kill topped 34,000.

Facts are hard to dispute. Random thoughts and opinions are easy to dispute.

But, hopefully the price has bottomed out.

Is that it what I said that August was the pressure month not, traditionally it was September.

Read my post

Was offed 2.40/kg live by a factory feedlot last week for my Hereford and August bullocks and heifers..very eager to get them but I chose to go the slaughter route after another factory garenteed me I won't be offered less than 460 base from now to Xmas

Hope you have it in writing

How is it if the kill numbers are down and projected to be back compared to last year for the remainder of 2023, how come the prices are so shite? Shouldn't demand be greater if supply is lower and keep prices a bit better? And UK prices way ahead of here.

It's not called a cartel for nothing. However prices are running about 15-30c/ kg behind last year on reality. We also hit the floor earlier. A lot of lads expectations on price were unrealistic. Costs have dropped slightly. Ration by about 8/ head, fertilizer by about 30-40/ head and next year's silage cost by 15-18/ head. Diesel by 3-4/ head. In total that is approx 15c/ kg

Saw some fine finished cattle a lad had a week ago. cmCH bullocks, he paid over 3/ kg for them last February around 1800 euro. He had been feeding them 2-3kgs nearly since he got them. They will probably kill 430-450 kgs and come into 2.1/2.2k.

They were always going to die in debt.