Beef Stock Market

[ob1kenobi]

On Landline (ABC) today was a story about the "Beef Stock Market". Basically you can buy and sell online trading in Cattle. Minimum buy is $500 which = 1 Cattle. Those interested should look at the following link.

http://www.beefstockmarket.com.au

An interesting concept!

 

[Milk Man]

I'll sell you 1 cow for $30. It wont be very big though, and youll have to come here with your trailer and get it. Actually i'll sell you a few hundred cows, a dairy, some tractors and stuff and an orchard quite cheaply too.

 

[wayneL]

I'll sell you 1 cow for $30. It wont be very big though, and youll have to come here with your trailer and get it. Actually i'll sell you a few hundred cows, a dairy, some tractors and stuff and an orchard quite cheaply too.

LOL

 

[wayneL]

On Landline (ABC) today was a story about the "Beef Stock Market". Basically you can buy and sell online trading in Cattle. Minimum buy is $500 which = 1 Cattle. Those interested should look at the following link.

http://www.beefstockmarket.com.au

An interesting concept!

How about this http://www.cme.com/clearing/clr/spec/contract_specifications_cl.html?product=LC

40,000 lbs for $945USD margin.

 

[Milk Man]

With beef cattle wheelin' and dealin' is generally where the money is at. If you can buy from a dry area and youve still got feed is one example. You lose that aspect letting someone else pick your stock I feel. Yield has never been great for us with beef- property is where our gains have come from (buying, improving, selling). If I were to invest in beef again it would be stud beef (a big pack of brahman bulls is a bit off-putting though). Primary producer status is always a plus though.

 

[happytrader]

Hi Milkman

Just out of curiousity, do you have one of those wheat grass growing operations for feeding your cattle? I saw this some time ago on landline and I thought the cows looked very happy munching away on this green stuff.

Cheers
Happytrader

 

[Milk Man]

Nah, barley, oats, rye, lucerne; no wheat though.

 

[David123]

Nah, barley, oats, rye, lucerne; no wheat though.


No Triticale ?..unusual

 

[happytrader]

Nah, barley, oats, rye, lucerne; no wheat though.

Hi Milkman,

So you grow all this stuff in a specially constructed unit on your farm?

Cheers
Happytrader

 

[mullokintyre]

From ABC News

Brazil has suspended beef exports to China following the discovery of two separate cases of 'atypical' Bovine Spongy Encephalopathy (BSE) or mad cow disease in the country.
Brazil's Ministry of Agriculture, Livestock, confirmed the two cases of the disease in abattoirs in Brazil in two separate states of the country, Minas Gerais and Mato Grosso.

The discovery of mad cow disease is a blow to Brazil and will restrict beef movements around the world.

"It will make the supply of beef around the world very tight as we come into the strongest period of demand for the year globally," meat industry analyst Simon Quilty said.

It means the world’s biggest beef exporter won’t be selling beef to the world’s biggest beef buyer, China.

According to Mr Quilty, Brazil exports an average of 71,000 tonnes of beef to China each month and the market is expecting exports to be suspended for at least two weeks.

Beef prices have already been pretty high.
They are only going up after this one.
I have a few 12 month old F1 cross heifers that will be introduced to a nice gentle bull next moth.
Their progeny may end up being as valuable as AACO shares.
Mick

 

[qldfrog]

From ABC News

Beef prices have already been pretty high.
They are only going up after this one.
I have a few 12 month old F1 cross heifers that will be introduced to a nice gentle bull next moth.
Their progeny may end up being as valuable as AACO shares.
Mick

F1 cross? Here in coastal qld,we got mostly Brahman cross, Angus, droughmasters and a few european breeds..but unaware of F1..racing cows?
But as you say Mick,already very expensive ..if USD falls, that could damp the increase. I assume exports and so cattle price is usually in USD

 

[qldfrog]

From ABC News

Beef prices have already been pretty high.
They are only going up after this one.
I have a few 12 month old F1 cross heifers that will be introduced to a nice gentle bull next moth.
Their progeny may end up being as valuable as AACO shares.
Mick

Ps mick, genuinely interested about F1 breed, but i could Google that, and your experience with these

 

[mullokintyre]

F1 are what we call a first cross between a Friesian dairy cow and either a hereford or black poll.
The few dairy farmers in this area that are left to supply Bega often cross their heifers with a hereford or black poll for their first calf, or put the bull in with the rest after 2 cycles of AI to pick up the odd ones.
The progeny of these we call F1 cross.
The males are turned into steers raised for the Maccas market.
The females go to market as leftovers.
Thats why I like them, can pick them up a lot cheaper than a pure bred black poll heifer.
Mick

 

[mullokintyre]

Early this year, there were reports on the fairly large reduction in Beef herds in the US to a level not sieen since 1951.
From Wisconin State Farmer

The laws of demand and supply apply to beef.
restrict supply, increase the price.


With the decrease in US herds, there was obviously a hole to be filled by those countries who produce beef.
Brazil, the worlds largest exporter of beef, was one country, but according to Bloombergs , Brazil has seen its own herd numbers slide.

Figueiredo expects Brazil's animal slaughter rates to fall 4.6% next year and 7.5% in 2026. This means that years of expanding beef production capacity in South America are ending abruptly. This is happening at a time when US companies are turning to Brazil for beef supplies to counter extremely tight domestic supplies, the lowest since 1951.

"The reduction in the Brazilian cattle herd comes when beef production is already constrained by a severe shortage of slaughter-weight animals in the US, which has eroded profits for processors such as Tyson Foods Inc. and Cargill Inc.

This may provide a good opportunity to export a lot more beef to the USA from OZ.
Maybe Gina was right.
Mick

 

[qldfrog]

Early this year, there were reports on the fairly large reduction in Beef herds in the US to a level not sieen since 1951.
From Wisconin State Farmer
View attachment 184169
The laws of demand and supply apply to beef.
restrict supply, increase the price.
View attachment 184170

With the decrease in US herds, there was obviously a hole to be filled by those countries who produce beef.
Brazil, the worlds largest exporter of beef, was one country, but according to Bloombergs , Brazil has seen its own herd numbers slide.


This may provide a good opportunity to export a lot more beef to the USA from OZ.
Maybe Gina was right.
Mick

And hopefully better price at the sale yard even for small producer like me