Beef finishing nut

Werzle

Member
Location
Midlands
Are we all living in cuckoo land I can’t see where the money is in finishing cattle
Usually always pays to keep going, i can remember folks moaning like hell when beef was 320ppk that they were stopping buying feeding cattle . They missed out when beef jumped and couldnt finance filling sheds again with stores when the knock on price increase filtered through. Some folks now have started buying lower quality cheaper ish fatteners instead of quality ones but will then realise they cost more to finish, take longer and will not come to the money of the better sorts. From what i see all types of farmers who push on 9 times out 10 survive and thrive better than the very cautious ones.
 
Last edited:

aangus

Member
Location
cumbria
Usually always pays to keep going, i can remember folks moaning like hell when beef was 320ppk that they were stopping buying feeding cattle . They missed out when beef jumped and couldnt finance filling sheds again with stores when the knock on price increase filtered through. Some folks now have started buying lower quality cheaper ish fatteners instead of quality ones but will then realise they cost more to finish, take longer and will not come to the money of the better sorts. From what i see all types of farmers who push on 9 times out 10 survive and thrive better than the very cautious ones.
It's just this time it feels like everything is against the finished animal
 
Had an NWF rep out to work yesterday. Offering summer contracts on an 18% rearer.

We thought if they're offering summer contracts then NWF are perhaps thinking that ingredients aren't going to rise to much more. 🤷

That is weird logic- any compounder or supplier should be able to offer a forward contract price at any time of year, because they all have access to the same price lists I used to have and for most if not all the raw materials.

I used to get near daily price lists from the trade giving a range of prices- usually divided into May-September, October-December, and January-April. Thus I people in the commodity game can purchase materials well ahead of the game, probably as much as 2 years into the future for some materials and if they are buying enough. It makes no difference to the importers or shippers if the stuff is worth £200/tonne or £600/tonne- they make their margin either way.

The grain trade mimics the same sort of pricing pattern. You can get a spot price today and also something based on what they can source the stuff for in future.
 

Full of bull(s)

Member
Livestock Farmer
Location
North Yorkshire
Currently on £278 for a 16% nut, 4 tonnes coming tomorrow, only buying it for the 8 tonnes of micronised barley ordered with it, have to order one to get the other, the barley is still £238 blown in!!
😄😄😄
Use the nuts for anything bought to kill or any small bull stirks. Always handy to have a few in stock
 

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