Beef / Lamb & Pig Price Tracker

They will only happen if farmers sign upto them and currently very few farmers are signing up and even when they do they quit as soon as they can when they realize just what they have signed upto!

I'd be interested to know how you found this out!? Why would they quit when they are underwritten at a price significantly higher than the current base price!?
 

yellowbelly

Member
Livestock Farmer
Location
N.Lincs
NEWS FLASH

We interrupt this 'doom and gloom' in the beef job to say a few rays of sunshine fell on Newark today:)

1700 lambs in............ SQQ 225.35p/kg

Our best pen 38kg beltex/texel crosses........£103.50 (272.4p/kg)

Trailer load averaged 243,32p/kg.
Happy enough with that:whistle:
 

LAMBCHOPS

Member
St Merryn £4 for springers quoted. Seems they want a quiet week. Newark at £2.25 liveweight cant see with farmers being a lot more savvy re internet info on trade will not be tempted to go dead. Pound is weaker at 89p and as it was 20 years ago when Farmers Ferry was set up export is key so sort Brexit out and trade with the World!!!!
 
If you think that integrated supply chains would be a great thing for the beef farmer with very few store/ prime animals going thru the livestock markets in the future then I suggest that you spend a few rainy days studying the pig sector....

They have these integrated supply chains/ no real prime stock markets and the sector is in one hell of a mess, pig prices are nearly always on the floor and farmers are losing a packet as they have no control over livestock prices at all yet are tied into contracts that quite often due to feed costs don't anywhere near cover COP costs and yet you really want to see that happen to the beef sector??

These integrated beef supply chains that are already operating will dump store or prime cattle in the livestock markets when they don't want them...

.....

Store and stirk cattle trade today at Sedge was very dear for anything half decent or above, store cattle were making upto £1225 head for Angus steers that were not anywhere near fit to kill, in the supply chain in the future you are advocating they wouldn't be making anywhere near that!!
Part of the fun in feeding cattle comes from buying and selling them these integrated beef schemes would soon become very boring and would be just working for a bad wage off the processors
 
How do these schemes work? Is it a guaranteed price set when you buy the weanlings or a bonus over base price at the time of selling?
The ones I know of are through the auctions where you buy out of the store ring on credit then place the cattle through a processor of the markets choice agreed before you start. When the beast is killed the mart gets paid first and you get what’s left.
 
Location
Devon
I'd be interested to know how you found this out!? Why would they quit when they are underwritten at a price significantly higher than the current base price!?

By talking to farmers/ hauliers etc etc.

Several different reasons why but the most common ones seems to be

1: cattle/ calves etc much more expensive than on the open market.

2 : Quality of calves/ stirks in particular start off fine with the first 1/2 batches then you end up with more and more calves with problems/ ill health etc and you end up with poor growth rates and massive costs for meds etc and of course when you don't hit the agreed growth rates due to the former comments you then get hammered on price when you sell them to the next person in the chain, has been cases where farmers have had say batches of stock in and had no choice but to send them back 2/3/4 weeks later.

3 : You take all the risks/ do all the work but never actually make anything due to the above comments.

Some stick at it of course but a lot do it for say 12/18 months then pull out.
 

Celt83

Member
Livestock Farmer
How do these schemes work? Is it a guaranteed price set when you buy the weanlings or a bonus over base price at the time of selling?

I wouldn’t hold your breath!

If it’s anything like the heifer rearing game that some people have done don’t expect a major profit at divvying up time.
 

dinderleat

Member
Location
Wells
Anyone put any cattle through
pickstocks lately sent some this week and a bit disappointed in the grades. I think they’ve gone down the computerised grading system?
 
By talking to farmers/ hauliers etc etc.

Several different reasons why but the most common ones seems to be

1: cattle/ calves etc much more expensive than on the open market.

2 : Quality of calves/ stirks in particular start off fine with the first 1/2 batches then you end up with more and more calves with problems/ ill health etc and you end up with poor growth rates and massive costs for meds etc and of course when you don't hit the agreed growth rates due to the former comments you then get hammered on price when you sell them to the next person in the chain, has been cases where farmers have had say batches of stock in and had no choice but to send them back 2/3/4 weeks later.

3 : You take all the risks/ do all the work but never actually make anything due to the above comments.

Some stick at it of course but a lot do it for say 12/18 months then pull out.
One farmer told me he was paying buitlair 285pound for weaned bw bulls well you can buy the same article for 120/140 in the marts so from what I can see buitlair is giving a fair end price but shafting you with the calf price
 
By talking to farmers/ hauliers etc etc.

Several different reasons why but the most common ones seems to be

1: cattle/ calves etc much more expensive than on the open market.

2 : Quality of calves/ stirks in particular start off fine with the first 1/2 batches then you end up with more and more calves with problems/ ill health etc and you end up with poor growth rates and massive costs for meds etc and of course when you don't hit the agreed growth rates due to the former comments you then get hammered on price when you sell them to the next person in the chain, has been cases where farmers have had say batches of stock in and had no choice but to send them back 2/3/4 weeks later.

3 : You take all the risks/ do all the work but never actually make anything due to the above comments.

Some stick at it of course but a lot do it for say 12/18 months then pull out.

I'm quite happy 4 years in. Calf quality has got better and price is locked in. Works for me.
 

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