Combinables Price Tracker

Clive

Staff Member
Arable Farmer
Location
Lichfield
upload_2018-1-12_12-41-31.png


some current option prices


seem like fairly cheap insurance against downside ?
 

Condi

Member
View attachment 620800

some current option prices


seem like fairly cheap insurance against downside ?

Notice they are also only indicative price - you couldnt necessarily ring up and trade them at that money. Its a theoretical value, and you could bid and get an offer at £1/t more - then up to you if you buy them at the quid more or not. You would also be subject to paying brokerage if you did trade.

The last May calls I did were £5/t to the farmer I think at £142 strike, which is the cost over the ring plus £1/t commission, so not that much more than it would cost the farmer direct with a broker. For that we are paying for the options on the day, managing the futures if they want to trade in and out (including any margin calls), sorting out the paperwork, and paying the brokerage with the futures broker. Not much to charge I dont think for the service.
 

SFI - What % were you taking out of production?

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  • Up to 25%

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  • 25-50%

    Votes: 30 16.5%
  • 50-75%

    Votes: 3 1.6%
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  • 100% I’ve had enough of farming!

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Red Tractor drops launch of green farming scheme amid anger from farmers

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As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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