Factory Prices General thread

Discussion in 'Stock Talk' started by nashmach, Jul 14, 2016.

  1. Mf240

    Mf240 Well-Known Member

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    :Thumbp2:It was given this week for heifers .
     
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  2. ithastopay

    ithastopay Well-Known Member

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    5 cent rise from what you got 3 weeks ago, would you not expect them to be up a bit more,
    Same place or are you tying somewhere else?

    We haven’t sold anything in a while, the rise is very welcome, we’ve been buying in stores, they’re too dear relative to the price of beef.
     
  3. Arthur

    Arthur Well-Known Member

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    Up 10c here on 3 weeks ago, now 3.70, hoping for another lift next week.
     
  4. muckymanor

    muckymanor Well-Known Member

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    Yea, same business, except over your part of the country. Although confirmed in these parts too when I booked with them an hour or 2 ago. Would have hoped that they might have risen more by now because prices don't traditionally rise from August onwards. If we could have seen them go up another bit, it would have left more room for the drop when supplies do increase. It would be hateful to see them back at €3.50 again in September.

    I'd imagine that it has been tough going buying stores? We were very happy with the group that we sold in March from home and we didn't rim it on prices. We sold a few younger ones in the marts in April, May and June and got better priced than at home. Had been following marts up to a few weeks ago and they only seemed to get dearer. Have a dozen store heifers to sell myself from September onwards. 16 to 18 months old. Half of them are 5* and I'll probably target a special sale in the hope that someone will buy them to hit the targets on genomics. The others will be sold for finishing. It was a good year for weight gain. Grass wasn't too plentyful, but the quality was excellent. I have bullocks that are 16 to 18 months and pushing 500kg without ever seeing a dust of meal.
     
    Last edited: Jul 23, 2020
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  5. Nashty

    Nashty Well-Known Member

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    500kg Charolais and Limousin early Spring 2019 born heifers, 450kg to 550kg, 500kg average, sell now as stores or keep with a view to killing out of the shed before Christmas? Good R grade heifers on average, some Us, some Os. Lots of grass for them but cannot see there being much out of keeping them on given current store prices. I'd have them sold already if I knew what I was going to replace them with to eat the grass.
     
  6. WestCorkBoy

    WestCorkBoy Well-Known Member

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    Surplus grass is driving store prices at the moment good continental heifers like that will make 1100 - 1200 in the mart selling. What will they make dead at a base of €3.75 say liveweight 500 + 120 = 620, DW @53% = 330kg. If you get €4.10 gross = €1347
    Cost to feed them inside for 70 days will take more than the difference. So I'd say sell. and spread less fertiliser or make third cut if you need it. My guess is store price will drop, I'm spreading half rate fert at the moment. As I have sold cattle and have aftergrass coming. It goes against what we as farmers are wired to do in maximising output. We need to look at profit.
     
  7. marco

    marco Well-Known Member

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    Exactly, bank the money. Someone may want silage later in the year
     
  8. Nashty

    Nashty Well-Known Member

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    Thanks lads, ya I think I will try go with a lorry load of them in the next 10 days or so, and see how we go. Finished them last year and wasn't enthused with the returns from the final finishing period, would have gotten as much out of them to sell as stores even allowing for the issues with the protests at the time etc.
     
  9. Ozzy Scott

    Ozzy Scott Well-Known Member

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    The northern factories must be taking allot of cattle from your factories areas. That's 10c above the market atm. Or considering that your plant is normally just reselling sides, it makes it look like that part of their business is subsidising there own fresh markets.

    I was disappointed to see what a friend in retail was paying for premium beef last week. I was expecting the price to be 10 to 15% higher. :scratchhead:
     
  10. Nashty

    Nashty Well-Known Member

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    I think at this stage most people have figured out that the retailers are creaming it on beef.
     
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  11. muckymanor

    muckymanor Well-Known Member

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    €3.75 is freely available today from more than the factory that I deal with. A neighbor sent cattle with an agent to a factory further south from us yesterday and got it.

    €3.80 is the quote that they gave for next week.

    I know an owner of a well known branded supermarket in a pretty big town. Up to last year, they supplied all of the beef and lamb for their meat counter from their family farm. However, under new franchise rules, they have to buy all meat from a supplier chosen by the supermarket franchise. It would no be the place to put up figures, but he is able to compare what he gets for cattle and sheep in meat factories now to what he has to pay for retail beef and lamb from his supplier and by all accounts, either the factory or the supplier are making huge profits. I'm not talking about a mickey mouse corner shop. I'm talking about a supermarket brand with almost 25% or the retail market share in Ireland.
     
    Last edited: Jul 24, 2020
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  12. Mf240

    Mf240 Well-Known Member

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    380 paid for heifers in the Midlands last week.
     
  13. jf 850

    jf 850 Well-Known Member

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    You must be be suffering from vertigo now ,

    With what money is stored under the mattress :tt2:
     
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  14. Mf240

    Mf240 Well-Known Member

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    Not my heifers . But not just an "I heard or a lad I know of" 380 base

    Will we get to 4 a kg before the autumn drop.
     
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  15. Mf240

    Mf240 Well-Known Member

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    Thinking of putting the conformation money in the post office
     
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  16. diesel power

    diesel power Well-Known Member

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    I'm just back from the mart and the prices I saw paid for nice ch cattle lads must think 4.50 is on the way. 460kg good R grading stock made 1300. Maybe I'm not with it at all but I'd consider that loss making money.
     
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  17. Arthur

    Arthur Well-Known Member

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    Give him a years grass and silage with no meals and he should kill 400kg ish, at €4.00kg he's leaving €300 to cover his years keep, if €100 of that is profit at best.
     
  18. diesel power

    diesel power Well-Known Member

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    Would he even have 100 out of it?. I have my doubts and that's assuming 4 euro. It's a while now since 4 euro was offered for cattle.
     
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  19. MF30

    MF30 Well-Known Member

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    I'd reckon there's less risk doing the lotto. Theres lads didnt get a calculator this Christmas again.
     
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  20. Ozzy Scott

    Ozzy Scott Well-Known Member

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    Your running a very cheap system if your complete costs are less that a €1 a day.

    Maybe if you own your own land and money, this can work. For me that animal would have €120 of rent and €84 of interest on his head for 365 days period.
     
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  21. Mf240

    Mf240 Well-Known Member

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    Lads buying them have no money worries. They have a job or they had cattle 18 years ago
     
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  22. 6600

    6600 Well-Known Member

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    That's what's wrong with the whole thing. Subsidising the factories.
     
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  23. Ozzy Scott

    Ozzy Scott Well-Known Member

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    The even smarter men from 18 years ago rent land to me and I pay both rent and entitlements too. Some system :scratchhead:
     
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  24. Mf240

    Mf240 Well-Known Member

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    And you or me pay tax if we make anything and they get it tax free. And some of them are getting the pension aswell
     
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  25. Ozzy Scott

    Ozzy Scott Well-Known Member

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    Boomers
     

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