Have cattle hit the bottom?

[livestock 1]

Have we hit bottom yet? Or is there further down to go?

 

[Nae bother]

Word at the Highland show is they have further to fall.

 

[tommy tucker]

In York, the week before last clean cattle firmed slightly but this week they showed no further improvement and Bulls were less if anything. Numbers are dropping so hopefully the supply/ demand imbalance will turn in our favour. Speaking to one of the butchers and he said that the public were "just right off beef at the minute" . if the press are to be believed the beef industry is largely to blame for climate change!

 

[Dave6170]

Word at the Highland show is they have further to fall.

I came away from the show depressed after talking to folk about it

 

[landslave the 2nd]

school end of term will NOT help the job as well.

 

[johnspeehs]

Will be 4p less here Monday morning, meat factories don’t have many loyalties to anyone except themselves.

 

[johnspeehs]

Surely the dairy industry must contribute a lot more to climate change but there mustn’t be many black tea drinkers

 

[holwellcourtfarm]

If Liam Fox and Phillip Hammond get their way and we start serious trade talks with the Mercosur group you ain't seen nothin' yet

 

[gone up the hill]

All talk today is that yes they have and cattle are going to get very short.

Which resulted in what can only be described an almost unreal trade today with many cattle needing another 100+ days of hard feeding selling to more than they will be worth then on the hook at current prices.

 

[tommy tucker]

The deal with China will have an effect but physically sending any product out there is unlikely before the end of the year.
It seems a bit perverse to me that the cull cow trade has held up so well when prime cattle have come back so far. It's as though the burger beef market is almost immune to the downward forces that the rest of the market is susceptible to.

 

[livestock 1]

The deal with China will have an effect but physically sending any product out there is unlikely before the end of the year.
It seems a bit perverse to me that the cull cow trade has held up so well when prime cattle have come back so far. It's as though the burger beef market is almost immune to the downward forces that the rest of the market is susceptible to.

I noticed this some time ago when my poor grade cull cows were making as much as the best ones. They said the reason was bad cows were mincers and the good cows were cutters there was demand for mince but no demand for the meat

 

[gone up the hill]

I noticed this some time ago when my poor grade cull cows were making as much as the best ones. They said the reason was bad cows were mincers and the good cows were cutters there was demand for mince but no demand for the meat

They want the meat but they want it cheap, mince is selling very well, thus why if you book in cull cows/ Fri steers they are lifted in 10/14 days, got some nice contx cattle and its 4/6 weeks currently, I bet if you said to them: Just pay me cull cow value for my smart contx cattle they would be lifted with 2 days of being booked in!!

 

[tommy tucker]

Even in the current climate McDonald's can sell it!

 

[livestock 1]

They want the meat but they want it cheap, mince is selling very well, thus why if you book in cull cows/ Fri steers they are lifted in 10/14 days, got some nice contx cattle and its 4/6 weeks currently, I bet if you said to them: Just pay me cull cow value for my smart contx cattle they would be lifted with 2 days of being booked in!!

Yes the good news is you’ve heard a shortage looming? Will it be enough to lift store cattle??

 

[Yale]

Time for a beef scrappage scheme.

 

[M-J-G]

I wouldn't like to bet on it not going lower.

 

[livestock 1]

I wouldn't like to bet on it not going lower.

Neither would I

 

[gone up the hill]

Yes the good news is you’ve heard a shortage looming? Will it be enough to lift store cattle??

Store cattle were up £70/100 head today on the last few weeks.

On todays trade it would be madness to finish your cattle unless TB is an issue!

If stores go short trade will harden regadless of the prime price as the very big feeders seem very hungry for cattle.

 

[gone up the hill]

I wouldn't like to bet on it not going lower.

I hope im proved very wrong but until Brexit is sorted out one way or another I think the prime price will stay at current levels at best and may even go much lower and back to around the £3/ kilo mark base.

I cant see any change unless the B issue is sorted until next year at least.

 

[livestock 1]

Store cattle were up £70/100 head today on the last few weeks.

On todays trade it would be madness to finish your cattle unless TB is an issue!

If stores go short trade will harden regadless of the prime price as the very big feeders seem very hungry for cattle.

I’m hearing that they are jammed up here only shifting half of what’s booked in. However maybe they are now frightened that they will lift