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Beef price tracker 2

1848587899098

Comments

  • Registered Users, Registered Users 2 Posts: 2,102 ✭✭✭Sheep breeder


    Find kepak if you deal with them regularly they get to know your type of cattle and will deal no problems directly, no problem getting a flat price for a long number of years, well done with your cattle with great performance for there age,



  • Registered Users, Registered Users 2 Posts: 1,256 ✭✭✭morphy87


    You done very well, is it all heifers you buy? What kind of a price do you think hex and aax heifer Calfs will make this year?



  • Registered Users, Registered Users 2 Posts: 1,724 ✭✭✭Seadin


    Where in the country are you getting these 5.40-5.55 rates? If I'm reading that right that's over 30c /kg more than what I'm getting for my AAX bullocks.



  • Registered Users Posts: 210 ✭✭KAMG


    These are flat prices.

    Base price seems to be 5.20 this week for bullocks. So, if using grid price, a bord bia AAX, grading O+, would get 5.48, if 20 cent AA bonus. Maybe even more.

    So, I reckon 5.55 would be the flat price this week.



  • Registered Users, Registered Users 2 Posts: 606 ✭✭✭Fine Day


    5.10 and 5.15 is all I can get for bullocks and heifers this week from two different factories. Both telling me there is good numbers coming out. I am sure there is a lot of factory talk there. No flat prices available. From what I am seen in what I have gone so far and chatting neighbors that cattle are killing out lighter this year. Has anyone else experienced the same??



  • Registered Users, Registered Users 2 Posts: 3,627 ✭✭✭kk.man


    Oh they are lighter... IMHO if u weren't in a hurry to kill let them factories off on their tangent.

    UK cattle moved up a notch this week that's the barometer not some procurement manager who's being told to hold tight.



  • Registered Users, Registered Users 2 Posts: 2,644 ✭✭✭Cavanjack


    They tried the same trick this time last year or maybe toward the end of February. Dropped the price for a week to see if they could cause panic, they were back up the following week.



  • Registered Users, Registered Users 2 Posts: 1,870 ✭✭✭mr.stonewall


    They ways seem to do in in the run up to 4 day weeks, its a stalling tactic



  • Registered Users Posts: 210 ✭✭KAMG


    You are on the money. I just checked my trusty spreadsheet. Bullocks hit a base price of 5.25 on 1 Feb 2023. Stayed at that for 3 weeks. They dropped 5 cent in the last week of Feb 23. Stayed at that price for all of March 23. Up 5 cent again then to 5.25, where they stayed until early May 23.

    They started dropping then, all the way down to 4.60 in late August 23.

    In relation to price this week, yes, they do seem to be back alright. And the famous flat price seems to have vanished for now. So, do farmers hold tight and see are the factories bluffing, or do they do what they always tend to do, and start selling under finished cattle, in a bit of a panic, cos 'prices are dropping'. Time will tell.



  • Registered Users Posts: 543 ✭✭✭1373


    4 day week is helpful for factories this week but the kill is higher than this time last year , so the ball is in their court at the moment. I've fr bulls ready to go and the price isn't moving so I'll get some away, probably a lot more like me at this stage.



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  • Registered Users, Registered Users 2 Posts: 3,627 ✭✭✭kk.man


    I genuinely don't think there's enough cattle in the system for a number of reasons. The farmer winter finisher is a thing of the past coupled with the cost of meal/silage. People put cattle in sheds last autumn with the sole intention of storing them. Live exports for the last couple of years have been strong.



  • Registered Users, Registered Users 2 Posts: 2,280 ✭✭✭DBK1


    Around the midlands flat prices are harder got now and where they are available they’re back 15-20 cent for the smaller seller.

    Base price is only back 5 cent though and if you push hard there’s an extra 5 cent to be got from the hex or aax bonus so anyone with a mix of O= to R- grade hex or aax will still be averaging around the €5.50-€5.55 that the flat prices were achieving the past few weeks.

    The poorer quality O- to O=/O+ loads will be taking a hit this week alright.



  • Registered Users, Registered Users 2 Posts: 2,644 ✭✭✭Cavanjack


    I’ve nothing ready at the minute it’ll be a month but if I see the agents number coming up on the phone this week to warn me that they are falling I’ll know they’ll rise in a week or so.



  • Registered Users Posts: 201 ✭✭grass10


    Agree with you also if you notice in the marts for the last few weeks their have been big numbers of cows in particular the vast majority are going to the factory which puts the factory in control for last week and this week but this supply will dry up by next week as dairy farmers clear out surplus cattle every year in late jan/early feb



  • Registered Users, Registered Users 2 Posts: 19,032 ✭✭✭✭Bass Reeves


    Prices are unlikley to collapse. You would be crazy to sell underfinished cattle especially if they were fairly efficient to feed. Factories are waiting for cattle to start coming out of sheds as they hit 100 days feeding there feed efficiency declines.

    Price will be decided by what contracts processors have in place. Unless they are over committed to contracts they will hold prices. Its unlikely that they will pull too hard, however if they taught 10-15c/kg pull would flush out cattle they will do that

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 606 ✭✭✭Fine Day


    I hope you are right, but I am a little optimistic on it. I know several people near me that will have stock fit over the next few weeks. Plenty of cattle to come out I'd say over the next month or so, and if not the factory will always pay what they want not what they are worth. Also worth noting supermarkets both here and across Europe are starting to drop prices for the consumer so that may influence prices too. Thankfully cattle this winter have been Abit cheaper to keep than last winter with the cut in meal, fertilizer, diesel prices etc.



  • Registered Users Posts: 40 nearlybreak


    Saw cows selling today granted very well fed and good cows but you’d want to be getting 5:50 a kg for them to go to a factory so I’d presume this price pull is just factories doing what they normally do and messing with farmers and one thing for certain in another few weeks all the dairy man’s cattle will be gone so dig deep this is only a blip



  • Registered Users, Registered Users 2 Posts: 3,627 ✭✭✭kk.man


    There was literally a handful of bullocks in Thurles last week fit to kill. Can't vouch for the heifer or cow ring.



  • Registered Users Posts: 40 nearlybreak


    Yeah was at a few Marts in the last week hardly any strong bullocks or heifers and thst ain’t going to change



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  • Registered Users Posts: 947 ✭✭✭RobinBanks


    Killed a simmental heifer last week. She was 33mths old, graded R= 3+. Got €5.10/kg for her. Thought it a poor price but no point crying about it now. I didn't get to speak to agent before hand. Had to move heifer very quick as she was becoming a real problem in pin.



  • Registered Users, Registered Users 2 Posts: 606 ✭✭✭Fine Day


    Any excuse to cut you for overage stock. Obviously not a bad animal as she grades well.

    Had a few in myself this week, mixture of bullocks and heifers all O grades from the dairy sector. Averaged €5.30/kg ish out of the cheque. Think I was €5.55 flat price this time last year so a fair difference. Couldn't get a flat price this year from the two places I deal with.



  • Registered Users, Registered Users 2 Posts: 1,563 ✭✭✭limo_100


    So would you be expecting cows to get a bit of a rise in march when this glut of cows clears?



  • Registered Users Posts: 201 ✭✭grass10


    Probably as their has been a huge amount of cows sold since Oct and for the first 6 weeks of this year a lot of marts have had record numbers of cows sold with the vast majority going to the factory that supply will have to reduce shortly



  • Registered Users, Registered Users 2 Posts: 606 ✭✭✭Fine Day


    Unfortunately the processors have used the cows to keep the price down. Will the prices increase in the coming weeks?? I am very much sceptical. Cattle will start coming out from sheds from now on thus allowing the processors to keep prices down unfortunately.



  • Registered Users Posts: 201 ✭✭grass10


    Agree the cow supply has undermined the prime cattle price but we'll remain hopeful that when the cow supply reduce that their might not be enough young fed cattle to make up the defecit



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  • Registered Users, Registered Users 2 Posts: 3,695 ✭✭✭StevenToast


    Have a dozen HEX QA bullocks going to Larry next week...

    What price should I be looking for...

    5.15 base....20c Breed Bonus?

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



  • Registered Users, Registered Users 2 Posts: 19,032 ✭✭✭✭Bass Reeves


    Larry usually only pays 10c bonus on HE cattle. Not sure if the base is that high but have not sold cattle in over a month

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 3,695 ✭✭✭StevenToast


    Im actually now hearing of a pull from the factories next week back to €5...

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



  • Registered Users Posts: 56 ✭✭farm to fork


    I got 5.15 Base for Continental Heifers and got 5.40 flat for White Heads this week in a Midlands Factory. There a run of cows going through the factories at the moment and they are trying to pull prices.



  • Registered Users Posts: 201 ✭✭grass10


    Shop around don't ever commit to providing cattle to a company without first agreeing a price look for a flat price for your Herefords this week cow numbers are dropping in the marts, supply is turning in our favour also the heavy bulls going live for the next 2 weeks is a big help



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  • Registered Users, Registered Users 2 Posts: 3,695 ✭✭✭StevenToast


    I got 5.05 base and 15c breed bonus for a dozen HEX bullocks from larry today....

    If anyone else is getting more..good luck to you....

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



  • Registered Users, Registered Users 2 Posts: 2,644 ✭✭✭Cavanjack


    Got 5.10 for continental’s last week. Not sure if it was there this week though



  • Registered Users, Registered Users 2 Posts: 606 ✭✭✭Fine Day


    5.10 for heifers and 5.05 for bullocks next week I am told. No major issue getting them in if I wanted to go, have a few to go but there are only there or there abouts so will hold out for another 2 weeks to crown them, will see what way the trade be then. With abit of luck they might be up 5 or 10 cents again.



  • Registered Users, Registered Users 2 Posts: 2,644 ✭✭✭Cavanjack


    Agent called to the yard yesterday to see had we anything to go. I wasn’t about so got no price. Any further updates on prices? Is there a squeeze coming or it that wishful thinking?



  • Registered Users Posts: 543 ✭✭✭1373


    Would be a quick turnaround if there was a tightening coming but there seems to be àn over supply at the moment . Nitrates seems to have lads selling as early as possible



  • Registered Users Posts: 201 ✭✭grass10


    No over supply at the moment the extra cow supply for the last 6 weeks is more or less finished if you look at any marts for the last week their has been a major drop in beef cattle lots of stores but very little beef and if cattle are not in marts they are not in the factory either



  • Registered Users Posts: 2,381 ✭✭✭Dunedin


    Hardly an over supply of agents are calling to yard’s looking for stock??



  • Registered Users, Registered Users 2 Posts: 9,188 ✭✭✭893bet


    Couple of short kill weeks coming up which helps them keep a lid on it.



  • Registered Users Posts: 543 ✭✭✭1373


    Without sounding like a factory agent, the kill is up 21000 cattle so far this year. And if they were that scarce, then prices wouldn't be gone backwards



  • Registered Users, Registered Users 2 Posts: 1,870 ✭✭✭mr.stonewall


    Last year was a bit different due to very high meal prices going into the winter and for most of the winter. They were really caught short and the feedlots couldnt fill the hole quick enough from late November 22 to Feb 23.

    Very little chose the finish cattle at the start of winter 22 but changed their minds as the winter went on



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  • Registered Users, Registered Users 2 Posts: 606 ✭✭✭Fine Day


    Kill maybe up but carcass weight is back this year And also throw in the the amount of dairy off spring been finished in recent years.



  • Registered Users, Registered Users 2 Posts: 2,280 ✭✭✭DBK1


    It’s a point I do be trying to make regularly enough alright, we should be told the kill figures in tons of meat as well as head count. If carcass average weight is down 5% year on year then the 5% increase in head count still only leaves the same amount of meat in the system.



  • Registered Users Posts: 1,418 ✭✭✭Anto_Meath


    I wonder if say the kill numbers are up but the tonnage of meat remains the same would factories profit be much higher as they would be processing more of the "5th quarter" when many believe covers the running costs of many factories.



  • Registered Users, Registered Users 2 Posts: 6,788 ✭✭✭jaymla627


    Trying to get cows away the past 2 weeks with no joy, rang agent this morning and they'll be got in no bother, this week, the glut of cows in the system is after running out, are alot keener for stock



  • Registered Users, Registered Users 2 Posts: 2,133 ✭✭✭TinyMuffin


    Took 20, 23 month old ch aa bulls this morning and I was the only 1 there. He looked at them last Monday and wanted them first thing Tuesday morning but 2 were missing tags. Mad fir them.



  • Registered Users, Registered Users 2 Posts: 933 ✭✭✭leoch


    Sent 4 heifers today 5.15



  • Registered Users Posts: 201 ✭✭grass10


    Bulls are being purchased live for the boat for the last 2 weeks that could be a reason why they were so anxious for bulls it just shows what extra competition can do



  • Registered Users, Registered Users 2 Posts: 1,441 ✭✭✭hopeso


    Do they need to have two tags for the factory? I have some going soon, but a couple of them are missing one tag...



  • Registered Users, Registered Users 2 Posts: 3,695 ✭✭✭StevenToast


    Not at all....theyll be cutting the one they do have off soon enough....

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



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  • Registered Users, Registered Users 2 Posts: 2,510 ✭✭✭Jb1989




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