Beef / Lamb & Pig Price Tracker

[Werzle]

So why’s mainstream beef not £4kg? It’s a perfect storm for beef prices to be higher than ever, yet it’s static and nothing to shout about. You do make a good point NE. There would normally be around 2 million British holidaying abroad at anytime during August, they are home and needing to be fed.

I dont want it to hit £4 , only one way to go after it hits £4. ? The perfect storm is in the new year

 

[Optimus]

I dont want it to hit £4 , only one way to go after it hits £4. [emoji116] The perfect storm is in the new year

Why wouldn't you want £4? We all know it will sink when the grass starts to slow an folk off load cattle.so might as well take it while you can!

 

[Farmer1001]

I dont want it to hit £4 , only one way to go after it hits £4. ? The perfect storm is in the new year

See below

Why wouldn't you want £4? We all know it will sink when the grass starts to slow an folk off load cattle.so might as well take it while you can!

Wether the price is £4 or £3 makes no difference to this dysfunctional supply chain - the pressure will always be to keep prices as low as possible. As such producers need to take whilst they can get it. The moneys in the chain to pay £4, the need or desire isn’t.

 

[Top Tip.]

I dont want it to hit £4 , only one way to go after it hits £4. ? The perfect storm is in the new year

We are only 60% self sufficient in beef, if we come out with no trade deals in place what price beef then? The folk buying the stores just now could be the smart ones.

 

[Northeastfarmer]

So why’s mainstream beef not £4kg? It’s a perfect storm for beef prices to be higher than ever, yet it’s static and nothing to shout about. You do make a good point NE. There would normally be around 2 million British holidaying abroad at anytime during August, they are home and needing to be fed.

It’s not £4 because it’s in the hands of too few processors who will do whatever they want....it’ll get to £4 at some point tho, the current price is still no where near enough for the increased costs and price of living

 

[Northern territory]

I dont want it to hit £4 , only one way to go after it hits £4. ? The perfect storm is in the new year

See below

Wether the price is £4 or £3 makes no difference to this dysfunctional supply chain - the pressure will always be to keep prices as low as possible. As such producers need to take whilst they can get it. The moneys in the chain to pay £4, the need or desire isn’t.
[/QUOTE

It’s not £4 because it’s in the hands of too few processors who will do whatever they want....it’ll get to £4 at some point tho, the current price is still no where near enough for the increased costs and price of living

thank god somebody speaks sense.

 

[Farmer1001]

It’s not £4 because it’s in the hands of too few processors who will do whatever they want....it’ll get to £4 at some point tho, the current price is still no where near enough for the increased costs and price of living

Like I said "dysfunctional supply chain". What you get paid is based on what they think is enough to get the cattle and then keep us coming back for more, every now and then they will find a few extra crumbs to ensure you have enough to keep you coming back for more. Im not sure if even £4.50 will be enough for the fellas giving £450 for month old dairy x blue bulls.

 

[Celt83]

Like I said "dysfunctional supply chain". What you get paid is based on what they think is enough to get the cattle and then keep us coming back for more, every now and then they will find a few extra crumbs to ensure you have enough to keep you coming back for more. Im not sure if even £4.50 will be enough for the fellas giving £450 for month old dairy x blue bulls.

Best post I've read for a long time ?.

Good calves are always dear but this year they are clean off!! Perhaps another undetectable sign for covid19 is a lack of judgement?

Everyone's financial situation is different, some will be able to some won't, but if the processors are stalling the price then why don't we hold the cattle back a bit like the sheep boys did back at the start? Make them bid for them!

 

[Northeastfarmer]

Like I said "dysfunctional supply chain". What you get paid is based on what they think is enough to get the cattle and then keep us coming back for more, every now and then they will find a few extra crumbs to ensure you have enough to keep you coming back for more. Im not sure if even £4.50 will be enough for the fellas giving £450 for month old dairy x blue bulls.

Well at £4.50 they would be coming back at £1800 so £450 purchase price would be fine...I don’t think in this day and age £1800 for a well finished beast is out of the way

 

[lloyd]

Only 3 months ago some on here were forecasting it heading for £2.50.
Let's face it no one knows for sure.

 

[Northeastfarmer]

Only 3 months ago some on here were forecasting it heading for £2.50.
Let's face it no one knows for sure.

I know one thing for sure...at £2.50 I won’t be bothering

 

[thorpe]

We are only 60% self sufficient in beef, if we come out with no trade deals in place what price beef then? The folk buying the stores just now could be the smart ones.

could! its all a gamble , always has been but these stores look very dangerous.

 

[Celt83]

could! its all a gamble , always has been but these stores look very dangerous.

What do you think is decent /fair price for store cattle?

 

[Werzle]

We are only 60% self sufficient in beef, if we come out with no trade deals in place what price beef then? The folk buying the stores just now could be the smart ones.

Yes could well be £4 in the new year but i dont think £4/kg is sustainable tbh, we are at risk of imports if our beef price levels at £4 imo. I would be quite happy as a suckler herd owner selling calves at 9-10 mths with a beef price average of 3.65-3.80 deadweight for the next 10 yrs. The finishing men can give me 2.25-2.35 p/kg liveweight for stores at that price and we all make abit. If you cant go at those prices your farm probably doesnt suit cattle farming.

 

[Top Tip.]

Yes could well be £4 in the new year but i dont think £4/kg is sustainable tbh, we are at risk of imports if our beef price levels at £4 imo. I would be quite happy as a suckler herd owner selling calves at 9-10 mths with a beef price average of 3.65-3.80 deadweight for the next 10 yrs. The finishing men can give me 2.25-2.35 p/kg liveweight for stores at that price and we all make abit. If you cant go at those prices your farm probably doesnt suit cattle farming.

The point I am making is that without trade deals the market is then driven by shortage . In that situation all bets are off .

 

[Cows 'n grass]

Is demand for mince still what's driving the price?

I just had two texts in a row from St Merryn, the first saying they had cut 7p off the price of clean cattle and the second saying please could they have some cull cows.

 

[Northeastfarmer]

I just had two texts in a row from St Merryn, the first saying they had cut 7p off the price of clean cattle and the second saying please could they have some cull cows.

Did you text back with “f**k off”

 

[AvonValleyFarmer]

Tell them to put 7p on the cull cow price and you'll think about it.

Got 25 cull ewes in Rugby tomorrow, anyone sold any ewes recently?

 

[Mc115reed]

Tell them to put 7p on the cull cow price and you'll think about it.

Got 25 cull ewes in Rugby tomorrow, anyone sold any ewes recently?

Nothing exciting but nothing depressing really just a moderate trade for cull ewes atm from what I’ve seen

 

[george 600]

Is demand for mince still what's driving the price?

I just had two texts in a row from St Merryn, the first saying they had cut 7p off the price of clean cattle and the second saying please could they have some cull cows.

What price that make them?