What’s everyone doing over cattle job

[nelly55]

With weeks waiting for cattle in,falling prices on a daily basis cash flow is one way.Whats everyone doing,market at any price or battling on.

 

[Andrew1983]

Don’t normally market much if anything at this time of year. I have been in the habit of selling fat in February-April. Absolute waste of time the last 2 years so this year I decided to sell some of the calves off the cows at 9months old. Will find out next week if it was partly right. Taking 20 to Dingwall summer store sale, normally one of their best sales of the year. I can and will take them home if it doesn’t work out. If it does I will take another 20 in September or October. If it doesn’t I will revert back to finishing them for next spring but try and hold them a bit longer. Will cost to keep them but if Brexit is sorted out and some certainty comes back then we may finally see a price hike.....

 

[mac]

Don’t normally market much if anything at this time of year. I have been in the habit of selling fat in February-April. Absolute waste of time the last 2 years so this year I decided to sell some of the calves off the cows at 9months old. Will find out next week if it was partly right. Taking 20 to Dingwall summer store sale, normally one of their best sales of the year. I can and will take them home if it doesn’t work out. If it does I will take another 20 in September or October. If it doesn’t I will revert back to finishing them for next spring but try and hold them a bit longer. Will cost to keep them but if Brexit is sorted out and some certainty comes back then we may finally see a price hike.....

Hope you do well in Dingwall but I’ve a sneaky feeling the mood amongst finishers isn’t great. Mind you speaking to some in Aberdeenshire they have plenty grass there so trade might be better than expected. I’m needing store cattle but we shall see what Caithness sale on Monday is like first. I might appear in Dingwall yet looking for some. Mind you if it dries up we be flat out on silage. Not been a great two weeks up here.

Mac

 

[Andrew1983]

Hope you do well in Dingwall but I’ve a sneaky feeling the mood amongst finishers isn’t great. Mind you speaking to some in Aberdeenshire they have plenty grass there so trade might be better than expected. I’m needing store cattle but we shall see what Caithness sale on Monday is like first. I might appear in Dingwall yet looking for some. Mind you if it dries up we be flat out on silage. Not been a great two weeks up here.

Mac

Aye I can totally see why there’s no enthusiasm to run out and buy stores! Just got to hope that there’s a massive bounce to this fall sooner rather than later.....

Weather not been great down here either, weekend/Monday was ok but made a lot of rain yesterday and today.

 

[mo!]

Trying to sell as many as we can and not buying anymore until the price sorts itself out.

 

[Agrivator]

If finishers don't buy store cattle, they'll just waste the money on something else.

So if at all possible, keep your stock numbers up. You might not make much spare cash in the short term, but maintaining your cattle numbers cattle is a very sound way of keeping your capital together.

 

[Northeastfarmer]

Trying to sell as many as we can and not buying anymore until the price sorts itself out.

@Full of bull(s)

 

[mo!]

If finishers don't buy store cattle, they'll just waste the money on something else.

So if at all possible, keep your stock numbers up. You might not make much spare cash in the short term, but maintaining your cattle numbers cattle is a very sound way of keeping your capital together.

If finishers don't buy stores the price will come down to a point at which it is viable to finish cattle.

 

[It was already broken.]

If finishers don't buy store cattle, they'll just waste the money on something else.

So if at all possible, keep your stock numbers up. You might not make much spare cash in the short term, but maintaining your cattle numbers cattle is a very sound way of keeping your capital together.

Had just this conversation with my neighbour last week. Money on the hoof can't find its way to tractor dealers and the like.

 

[Johnnyboxer]

Don't watch BB2 9pm now, about Mad Cow Disease.....................it won't help the Beef job

 

[Full of bull(s)]

@Full of bull(s)

Well it’s an individuals choice but as I have stated on another thread if you wait for the finished price to go back up the stores will have done as well. Buy low sell high not the other way round, we’ve all done that already. I am carrying on buying IF they are at a price where they will leave a margin on lower prices than now. Whether you can do that depends though on the type of cattle you are buying, the plainer sorts are there the better types not yet I feel. Lesser sorts O+/O- need to be 20-40p a kilo less as stores than fat is now and better sorts 10p less

 

[Full of bull(s)]

As an add on I work on a 4-6 month turnaround shorter term better sorts would need to be less than that. People forget how much a live kilo haulage both ways and killing costs are, 9p a kilo on a 500 kg store beast

 

[Werzle]

Store cattle numbers are drying up fast now around the markets which will help trade.

 

[czechmate]

Store cattle numbers are drying up fast now around the markets which will help trade.

Why is that?

 

[Werzle]

Why is that?

Numbers are drying up because they usually do from now till mid september plus there is less and will be less young stores about, bcms figures show that. Alot of feeding men are still carrying on fattening cattle and will have to compete for them. Store cattle sales have 70-80% less cattle being entered now than 6-8wks ago

 

[milkloss]

If finishers don't buy store cattle, they'll just waste the money on something else.

So if at all possible, keep your stock numbers up. You might not make much spare cash in the short term, but maintaining your cattle numbers cattle is a very sound way of keeping your diminishing capital together.

Did I just make your statement more accurate?

 

[davidroberts30]

Don't watch BB2 9pm now, about Mad Cow Disease.....................it won't help the Beef job

good ol bbc there to help us...…..

 

[Full of bull(s)]

Store cattle numbers are drying up fast now around the markets which will help trade.

That could send things either way. If feeders are sick enough and stop buying for a while because the numbers aren’t there, and get a chance to work out some numbers and see how much they really have lost, when numbers come forward they could go less again. It happened after the blue tongue restrictions, fat prices dropped through the floor, no cattle to buy. Stores were back £150-250 a head when sales started. The only differences is corn went up in the meantime which I can’t see happening. But I guess cash is king, and if you ain’t got any left you won’t be bidding. I can’t see mart credit being what it was for some men after the Beeston fiasco. Where did I put my crystal ball??

 

[Steevo]

Has the price of beef in supermarkets come down...?!

 

[Werzle]

That could send things either way. If feeders are sick enough and stop buying for a while because the numbers aren’t there, and get a chance to work out some numbers and see how much they really have lost, when numbers come forward they could go less again. It happened after the blue tongue restrictions, fat prices dropped through the floor, no cattle to buy. Stores were back £150-250 a head when sales started. The only differences is corn went up in the meantime which I can’t see happening. But I guess cash is king, and if you ain’t got any left you won’t be bidding. I can’t see mart credit being what it was for some men after the Beeston fiasco. Where did I put my crystal ball??

I see welshpool auctioneers have taken over rhayader market , funny old times