Don't suppose you've bought very much land, recently.
Correct, but I do pay rent on what I’ve got.
Don't suppose you've bought very much land, recently.
Correct, but I do pay rent on what I’ve got.
Scenario
Take 155 for next crop now then brexit goes well we leave with deal
Harvest 2019 is big 15.5 million tones leaving 1.5 million ethanol stay shut big grass yield £ gains 20%
Spot wheat £120 so have 2 t at 155 2t at 120 total £530
Or
Take 155
Brexit nodeal or second referendum inconclusive or Corbin becomes pm
Harvest 2019 European drought including uk bigger than 2018 more like 1976 with 35 days in June July over 32 c
Best yield 2.5 t an acre
Wheat 225 but only 2 tonne which is sold at 155 Total £310
How to reduce the risk at a reasonable cost
Sellpart ?
Option
Do nothing Which is 4 tonne at £480
Or. 2 t at. £ 450
I see the worst option is to sel now and harvest to be below average or worse
Scenario
Harvest 2019 European drought including uk bigger than 2018 more like 1976 with 35 days in June July over 32 c
I see the worst option is to sel now and harvest to be below average or worse
You forgot '83 , '84.Quite so, yellow belly.
Unfortunately, for some strange meteorological reason as yet unexplained, damaging droughts hereabouts tend to come in pairs.
'59,'60 : '70,'71 : '75,'76 : '95,'96 : '10,'11 : '18, ?
For those many on this forum who didn't have a drought in 1960, 1971, 1975, 1995, 2010 or 2011, this may seem a very specious argument.
However, the possibility of the scenario should be factored in to any sensible calculation of one's 2019 crop sales risk.
Obviously, as it now happens, anyone who didn't have a drought in 2018 can probably well afford to finance a bit of a one in 2019.
You forgot '83 , '84.
Don't suppose it's much more than £200/acre.
96 and 11 very good years here along with 84Quite so, yellow belly.
Unfortunately, for some strange meteorological reason as yet unexplained, damaging droughts hereabouts tend to come in pairs.
'59,'60 : '70,'71 : '75,'76 : '95,'96 : '10,'11 : '18, ?
For those many on this forum who didn't have a drought in 1960, 1971, 1975, 1995, 2010 or 2011, this may seem a very specious argument.
However, the possibility of the scenario should be factored in to any sensible calculation of one's 2019 crop sales risk.
Obviously, as it now happens, anyone who didn't have a drought in 2018 can probably well afford to finance a bit of a one in 2019.
A trailer load (estimate 12 tonne) of feed oats available in Mid Devon if anyone is looking
Anyone had feed barley price this week, Feb movement, Central Midlands?
Thanks.
I was quote £165 Feb movement yesterday.
171 for april here ,, and 151 for october .
Why that low?Thoughts on feed barley, harvest movement? Sub £100???