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Beef price tracker 2

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  • Moderators, Society & Culture Moderators Posts: 1,890 Mod ✭✭✭✭Albert Johnson


    The trap a lot of lad's fall into is being too predictable when it comes to buying stock. Some lad's pride themselves on buying everything they bid for and that's a fatal mistake imo, you were as well to carry a sign saying polling booth open. I'd say I buy about 10% of what I'd bid for on an average day.

    Also having a set limit for stock is also a recipe for being polled if you make it obvious and the other lad's get to know about it from watching you. I'd bid for a range of colours and weights if they suited at the money and could fall off something in a heartbeat especially if I thought either the auctioneer or someone else was doing me. Granted with the online it's a bit harder to know if there's someone genuinely going for them or whether you're just being pushed on but it's no harm to pull the handbrake occasionally either. That way no one knows exactly what you're going to do and there more cautious about taking you on.

    I've a few friends that are auctioneers and they often tell me that you'd get to know what different lad's are like over time and who's a sure bet to poll on when needed. There's certain men you could drive on and on and they'll still be there at the fall of the hammer and more you could take out with 1 bid if they smelt a rat. If you're trying to put together a bundle of stock you'd be better to have an average price in mind for whatever group you're looking to assemble. That way if you got 1 bought a bit less you could give a bit more for the next one and it would even itself out over the day without looking really obvious that you had a line in the sand.



  • Registered Users Posts: 18,565 ✭✭✭✭Bass Reeves


    I say he is expected to keep them in front of the camera from both angles and try to get cattle I. A bunch switched in and out of the camera. I think he dose a great job compared to sone ring men

    Slava Ukrainii



  • Registered Users Posts: 18,565 ✭✭✭✭Bass Reeves


    As you say unpredictability is your friend. The day they can predict what you are really interested in and how much you will pay is the day they will screw you.

    I never really think about getting polled online as in a flash I am gone. Sometimes I will hesitate sometimes not. Most of the time I bid to my price and stop. I dislike stopping at an exact price point like 600 or 650 as you can knock another felka off at that point, like 2 or 2.2/ kg.

    Slava Ukrainii



  • Registered Users Posts: 2,040 ✭✭✭Sheep breeder


    Did that man own a few pubs in Dublin and the cattle were only a sideline, see now they sell some of them bullocks in Carnew show day.



  • Moderators, Society & Culture Moderators Posts: 1,890 Mod ✭✭✭✭Albert Johnson


    I'm probably too cautious if anything and can pull up short at times but dear cattle are poison imo and I'd rather be sorry for not buying something as opposed to being sorry for buying it. Having said that I don't take much heed of stopping at a set figure either bar I thought some lad was pushing me on then it's grand to pull up at for example €680 and him come €690 fully expecting to stick you with them at €700. However I always say it's a good man that will value a beast to the last €10 or €20 so I'd often chance one more bid over what I had initially expected if everything seemed above board.



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  • Registered Users Posts: 18,565 ✭✭✭✭Bass Reeves


    Something similar myself. I try to gauge the market on the night. I be buying plain coloured cattle. I am happy enough buying at up to 2.2/ kg if you get are up at 400kgs especially as they will be up to 100 kgs heavier at housing, picking a lot up a bit less than that some as low as 1.8/ kg.

    Slava Ukrainii



  • Moderators, Society & Culture Moderators Posts: 1,890 Mod ✭✭✭✭Albert Johnson


    He was fortunate that the last bid always seemed to be the winning bid for some reason. I don't generally bother going against lad's like that as when there finished with something it's of little use to anyone and they always get lots of help to get there stock bought. The same goes for certain lad's selling if I seen them numbering stock or there name on the board I'd steer clear. There always out to get a klondike for whatever there selling and you're wasting you're time bidding for them if you want something resembling value.



  • Moderators, Society & Culture Moderators Posts: 1,890 Mod ✭✭✭✭Albert Johnson


    You have to be prepared to mix and match to a certain extent. It's grand going in and picking out I'm going to buy X,Y and Z but it becomes an expensive undertaking most of the time. You're only codding yourself if you expect to buy every one of them cheap but if you got a bit of value this time you could stomach giving a bit more than anticipated for the next one to put with them and average it out.

    The biggest disaster of all in a way is buying the first one at very right money especially if you're looking to buy another few. You spend the rest of the sale comparing everything to you're first purchase and will probably leave things after you that weren't that bad of value upon reflection but paled in comparison to what you'd already bought. That's not to say you should give a rob for the first one but hitting the jackpot right away isn't always the business either.

    A local man who buys a lot of cattle for jobs would always comment upon the hammer falling to you for something looking good value that "he's as good as buying 2". That was grand until you put you're hand out for something else and he enquired whether you wanted them all today and somehow they never ended up as cheap after that.



  • Registered Users Posts: 18,565 ✭✭✭✭Bass Reeves


    I know what you mean. A few weeks back a bunch I was the highest bidder on was pulled by the owner, he wanted 50 more I was willing to come 30 more. I was sorry I did not give it the following day. However it probably was no harm as it pointed out to the mart that I will only go far.

    Slava Ukrainii



  • Moderators, Society & Culture Moderators Posts: 1,890 Mod ✭✭✭✭Albert Johnson


    I showed bullocks in a mart I don't usually frequent the week of the Galway races (a real bus man's holiday and I wouldn't know anything about the races, all Irelands ect being on only for others talking about them as I'm useless that way). Cattle had taken a bit of a hit at the time but I got on as well as I expected and it didn't work out too bad. The last bullock of mine into the ring finished at €1370 and he was part of a few that I hoped to average over €1400 for which I had achieved as he was the lowest priced one. When the auctioneer turned around I enquired as to him trying whoever was the highest bidder for €1400. His exact words were "it's well and truly over at that and he's either on or off at it". The man probably had a point and I told him to hammer the bullock at it.

    I decided to take advantage of a slack day to buy a few replacements and the weanling trade wasn't that exciting either. I pulled in around the ring and had 4 bought handy enough after the first few pens. There was a man with a pen full of good CH weanlings around 350-450kg and he missed every one of them. The last one in was 290kg of a real good golden one and I wound up the highest bidder at €970 (I wouldn't usually venture that high but he looked right value enough and I watched 260kg of hardly as good a one make €1000 today at work). The auctioneer challenged me for €1000 for the hammer. I shook my head and said not a chance, in fairness he didn't push it any further and I wasn't anyway insulted but it was no harm to lay down the marker either especially after earlier.



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  • Registered Users Posts: 902 ✭✭✭leoch


    How fo u mean.....

    .he missed everyone of them.....



  • Registered Users Posts: 6,904 ✭✭✭amacca


    Good advice so long as its not too predictable...I used to move around the back if I was in the mart so I wasn't a sitting duck/they couldn't get a bead on me, try to position myself directly behind them up the back but beside lads .....it irritated the shite out of some of them that they had to keep turning around looking back to see who was bidding against them...then theyd get a spotter😅...so drop out for a while ..drop back in (try time that with stuff you dont want if youve looked at the lots beforehand..I'd also get in early at low money on stuff I wasn't interested in and drop out as randomly as possible ...then not bid on certain lots if they were similar to what I had been buying (sacrifice a good lot or two/or the lesser of a type)...basically try not let them see a pattern....

    Occasionally try leave them with an expensive one....but that's a dangerous game with more risk for me than when they are working with each other.



  • Moderators, Society & Culture Moderators Posts: 1,890 Mod ✭✭✭✭Albert Johnson


    He didn't sell any of them. He wasn't really getting enough for the heavier ones to be fair and they'd probably make another €100-€150 more apiece atm but that was a month ago and it wasn't easy to know it then either.



  • Registered Users Posts: 53 ✭✭Aly Daly


    The ring man in the large kerry mart on lsl that some have referred to as good I would not agree,not a stock man always tapping cattle between the ears,unnecessary hard smacks to big animals that are not given time to react,poking calves at foot,not nice and totally unnecessary.



  • Registered Users Posts: 18,565 ✭✭✭✭Bass Reeves


    I. Ever watch the calves. However if you are buying cattle because of his actions and the camera you get a good view of the cattle, better that any other mart I know

    Slava Ukrainii



  • Registered Users Posts: 3,581 ✭✭✭StevenToast


    4.60 base price today off Larry...got 20c QA bonus and 15c breed bonus on a load of HEX....

    Possibly 5c increase next week....

    "Don't piss down my back and tell me it's raining." - Fletcher



  • Registered Users Posts: 469 ✭✭HHH



    Where are these rates available??

    €4.60 this week in the midlands. Even with QA & potential herd bonus it's nowhere near €5 flat.

    And they say the're full with cattle!

    Is it purely to feed lots or what's going on?



  • Registered Users Posts: 30 nearlybreak


    Hear 4.70 even 5 cent more around for bullocks for next week seems the poor factories are under fierce pressure



  • Registered Users Posts: 595 ✭✭✭Fine Day


    No wonder lads are gone silly in the marts giving mad money for cattle with Agriland putting stuff like that on there site.



  • Registered Users Posts: 876 ✭✭✭grange mac


    They are some shower... With weather poor in July and Aug they took to dropping prices weekly and now weather picks up and prices doing rapid u turn... Like where is tootlless regulator in all this.



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  • Registered Users Posts: 18,565 ✭✭✭✭Bass Reeves


    The kill is only 1200 behind but that is not the real story. Steers are back 1200 and heifers are back 400 with you g bulls static. The drop in the kill is young cattle and it will probably sharing further.

    Slava Ukrainii



  • Registered Users Posts: 18,565 ✭✭✭✭Bass Reeves


    Well was my assessment fairly right now. Like I said there is more than one fact to check

    Slava Ukrainii



  • Registered Users Posts: 190 ✭✭KAMG


    Hard to tell yet. Sure, the price drops from over the summer have certainly stopped. For now anyway. As far as I can see its still 4.60 to 4.65 for bullocks. Which is the same price as a month ago. But, the kill is still between 33 and 35 thousand. What happens when the annual kill increase kicks in.



  • Registered Users Posts: 30 nearlybreak


    4.70/5 freely available next week for a load of cattle



  • Registered Users Posts: 4,626 ✭✭✭White Clover




  • Registered Users Posts: 30 nearlybreak


    All factories I’d say heard it from a good few lads agents giving free transport and all the extras things having turned a lot in the last ten days for the farmer it seems just have to be tough with the ****



  • Registered Users Posts: 30 nearlybreak


    Northern lads are gone very active in d Marts again which is a massive sign



  • Registered Users Posts: 5,557 ✭✭✭roosterman71


    Free transport! That one has been around donkeys years. Easy make that back by dropping the DW on yer slip by a few kgs



  • Registered Users Posts: 1,153 ✭✭✭MIKEKC


    Goldman base last 3 weeks 4.55 for Fresians. Don't know if the base is higher for other breeds.Hard to see 4.70 next week



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  • Registered Users Posts: 1,153 ✭✭✭MIKEKC


    Typo although the word might be correct it should have read Goodman



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