Explain to me cattle auctioneering and what really goes on

[Chae1]

My feed costs are less than 12 months ago and my straw cost is the same so I can only speak as I find. It is up to the individual how they cost their home grown produce either at cost of production or at opportunity cost

Why don't you just keep them and finish them yourself? With this cheap straw and grain you have plus the big fat price you'll make a fortune!

 

[Top Tip.]

Im afraid you clearly live in a little bubble because everyone else are saying feed and bedding costs are rising.

Inputs like fuel/ machinery/ parts etc etc are higher than 12 months ago so your feed costs are NOT the same in real terms as 12 months ago!

You are right in saying they are not the same in real terms as they are lower,why do you find this hard to accept,I try very hard to keep my costs down and this year I have managed to buy well and am able to go into the winter with my cost of production under control.

 

[Top Tip.]

Why don't you just keep them and finish them yourself? With this cheap straw and grain you have plus the big fat price you'll make a fortune!

No room ,I'll leave the fortune to the finisher that way they will be back next year when I might not be so fortunate.

 

[gone up the hill]

You are right in saying they are not the same in real terms as they are lower,why do you find this hard to accept,I try very hard to keep my costs down and this year I have managed to buy well and am able to go into the winter with my cost of production under control.

Well you will be just about the only beef farmer in 2017 with lower costs!

 

[Henarar]

Well you will be just about the only beef farmer in 2017 with lower costs!

can't say our costs have gone up a fat lot this year
some things are less some more

 

[beefandsleep]

My finishing ration is up £25/t or nearly £40/head. Straw cost up£10/head. Diesel is near 10p/litre more. Something will have to give because at the rate people are selling cows and increasing ewes both jobs will be f**ked very soon.

 

[gone up the hill]

can't say our costs have gone up a fat lot this year
some things are less some more

I bet they have still gone up thou in real terms!

 

[gone up the hill]

My finishing ration is up £25/t or nearly £40/head. Straw cost up£10/head. Diesel is near 10p/litre more. Something will have to give because at the rate people are selling cows and increasing ewes both jobs will be fudgeed very soon.

Will be nigh on 20+ pence a kilo if you work it out ( including things like machinery prices etc ) which in real terms puts the fhinshed price the same or lower than 12 months ago.

 

[Henarar]

grass has been cheaper to grow this year

 

[Northeastfarmer]

My finishing ration is up £25/t or nearly £40/head. Straw cost up£10/head. Diesel is near 10p/litre more. Something will have to give because at the rate people are selling cows and increasing ewes both jobs will be fudgeed very soon.

Store lambs were easier today....good lambs in the early 50’s what use is lambs at £50
I even saw a guy sell some Hibernians for £3 each! Bloody hell the commission is £3 a lamb! He’s worked all year for fanny Adams

 

[gone up the hill]

grass has been cheaper to grow this year

You wont fhinsh many cattle off grass alone ( and non in mid winter )

 

[Northeastfarmer]

grass has been cheaper to grow this year

Only if you don’t lime it, muck it, or fertilise it

 

[gone up the hill]

Store lambs were easier today....good lambs in the early 50’s what use is lambs at £50
I even saw a guy sell some Hibernians for £3 each! Bloody hell the commission is £3 a lamb! He’s worked all year for fanny Adams

I recall as a kid ( before you were born @Northeastfarmer ) selling store lambs in Oct for £50 + and that £50 back then would go a hell of a lot further than £50 today!

 

[Northeastfarmer]

I recall as a kid ( before you were born @Northeastfarmer ) selling store lambs in Oct for £50 + and that £50 back then would go a hell of a lot further than £50 today!

£50 now won’t even pay for a night out...good job I don’t like hangovers

 

[gone up the hill]

£50 now won’t even pay for a night out...good job I don’t like hangovers

I think in real terms if you take inflation into account that £50, 30 years ago is the same as £120 today!

 

[beefandsleep]

I can go out for £50 but I don't have expensive tastes and I can't hold my ale.

 

[beefandsleep]

I think in real terms if you take inflation into account that £50, 30 years ago is the same as £120 today!

I would say your about right there.

 

[digger64]

My feed costs are less than 12 months ago and my straw cost is the same so I can only speak as I find. It is up to the individual how they cost their home grown produce either at cost of production or at opportunity cost

Can you explain how much feeding margin is left on 300+ kg calves bought at well in excess of £3 /kg as I've always wondered how it's done ?

 

[gone up the hill]

I would say your about right there.

Which would put a fhinshed lamb at £150 head compared to £75/80 that is currently is..

Sums up the problems clearly !

 

[digger64]

Which would put a fhinshed lamb atUn p150 head compared to £75/80 that is currently is..

Sums up the problems clearly !

Would nt you have been working with variable premium and set guide prices then ? I think unpunched store lambs used to make more than fat then didn't they sometimes ?