Farmers purchasing store cattle this autumn with the intention of finishing next spring require a beef price around 500p/kg to cover production costs and generate a modest £100 margin per head.
Our analysis is based on an efficient beef finishing unit purchasing animals at current store cattle prices, with input costs for concentrate, feed and forage remaining as they are at present.
After 13 consecutive weeks of falling prices, there is some more life in the beef trade this week, with processors finding it more difficult to secure numbers, and a general acceptance that the bottom has been reached. However, sources maintain that demand remains fairly flat, which will act to keep a lid on price increases in the weeks ahead.
ADVERTISEMENT
As a result, farmers should give serious consideration to the economics of winter finishing before committing to filling sheds.
In the marts, good quality continental stores weighing 500kg to 550kg are currently making 240p to 260p/kg for animals with potential U grade conformation.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Farmers purchasing store cattle this autumn with the intention of finishing next spring require a beef price around 500p/kg to cover production costs and generate a modest £100 margin per head.
Our analysis is based on an efficient beef finishing unit purchasing animals at current store cattle prices, with input costs for concentrate, feed and forage remaining as they are at present.
After 13 consecutive weeks of falling prices, there is some more life in the beef trade this week, with processors finding it more difficult to secure numbers, and a general acceptance that the bottom has been reached. However, sources maintain that demand remains fairly flat, which will act to keep a lid on price increases in the weeks ahead.
As a result, farmers should give serious consideration to the economics of winter finishing before committing to filling sheds.
In the marts, good quality continental stores weighing 500kg to 550kg are currently making 240p to 260p/kg for animals with potential U grade conformation.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS