Prices offered today by one merchant
Barley, off combine £125, sept £128, Oct £132
Feed wheat, off combine £142.50, sept £144, nov £146.50.
Any comments?
Yes we should have sold some wheat last xmas .
Prices offered today by one merchant
Barley, off combine £125, sept £128, Oct £132
Feed wheat, off combine £142.50, sept £144, nov £146.50.
Any comments?
Aussie cricket thingI need a "whoosh" emoji to show how that went straight past me. Can someone explain this please?
They did say there had been gains of about £8 this week. Sell some or not?thats about £8-10 / ton better than i was offered yesterday
Prices offered today by one merchant
Barley, off combine £125, sept £128, Oct £132
Feed wheat, off combine £142.50, sept £144, nov £146.50.
Any comments?
Prices offered today by one merchant
Barley, off combine £125, sept £128, Oct £132
Feed wheat, off combine £142.50, sept £144, nov £146.50.
Any comments?
What do you think about the wheat pricesThose barley prices are a screaming sell!
What do you think about the wheat prices
That would depend on how much cover I had. I have 1.5t/ acre sold at what now seems good money, so I'm going to sit a bit.They did say there had been gains of about £8 this week. Sell some or not?
As I said to my grain merchant earlier today. Historically this time of year prices are low. I hope this year is the same.I think selling forward in May/Jun at a low point in the price cycle, on the basis that it looks an OK price, crops look full of promise, and convincing yourself "if that is my worst sale, I'll be a happy man", almost always leads to bitter tears the day you load it out in November. Exactly what happened last year.
IME.
I've just sold my 2018 harvest osr for £300 ex. Now watch the price rise...
Hope there feckin maize never gets planted.
They did say there had been gains of about £8 this week. Sell some or not?
Merchants seem very keen to get some bought, call me a cynic but....https://talk.newagtalk.com/forums/thread-view.asp?tid=854134&mid=7499639#M7499639
Scroll down the above thread to where GFS and EURO weather models are side by side (both 10 day - the numbers are cumulative inches of rain)
Personally i would not sell here / now.
And then i probably wouldn't sell because there will be issues with poor germination etc (which REALLY matters in corn as you well know)
Out of time to replant.
Then the USDA will run projected yield way above that growers think possible in the circumstances, and wont curb those 'trend-line' estimates much till september when they can count and measure cobs/acre
And then there will be "early freeze" scares.
Wheat has just closed in Chicago well up on the day (corn and soya less so)
Congress is suddenly talking about a $20 billion emergency farm relief scheme
I have been watching USA planting progress for the best part of 20 years, just by following AgTalk.
Many years there appear to be serious issues. Every difficult year, 100% or to a very large extent, USA farmers pull success from the jaws of defeat.
In 2013 Iowa farmers plated 70% of their corn in this exact week - that is how much planter capacity they have.
But this year is different -there is a potential disaster situation unfolding day by day.
By monday some major forecast rain will or will not have fallen on Iowa Illinois Indiana.
Monday Chicago i would expect to be interesting.
I'm going to contradict CrazyBull above - USA will plant loads of soya if they can because they can be planted later, are cheaper to grow than corn, a lot of ground destined for corn was supposed to have NH3 knifed in ages ago and that hasn't happened either. soya is a good entry for corn next year, on hope of a trade deal. But mostly because it will get too late to plant corn.
Bearish for OSR going forward??
Hope there feckin maize never gets planted.
Stop them sending it here keeping barley prices down
how big an effect will a delayed/no planting of corn but planting of soya instead have on world wheat prices though? Russia and ukraine are the main producers and conditions are described as favourable and very favourable out there just now, europe toohttps://talk.newagtalk.com/forums/thread-view.asp?tid=854134&mid=7499639#M7499639
Scroll down the above thread to where GFS and EURO weather models are side by side (both 10 day - the numbers are cumulative inches of rain)
Personally i would not sell here / now.
And then i probably wouldn't sell because there will be issues with poor germination etc (which REALLY matters in corn as you well know)
Out of time to replant.
Then the USDA will run projected yield way above that growers think possible in the circumstances, and wont curb those 'trend-line' estimates much till september when they can count and measure cobs/acre
And then there will be "early freeze" scares.
Wheat has just closed in Chicago well up on the day (corn and soya less so)
Congress is suddenly talking about a $20 billion emergency farm relief scheme
I have been watching USA planting progress for the best part of 20 years, just by following AgTalk.
Many years there appear to be serious issues. Every difficult year, 100% or to a very large extent, USA farmers pull success from the jaws of defeat.
In 2013 Iowa farmers plated 70% of their corn in this exact week - that is how much planter capacity they have.
But this year is different -there is a potential disaster situation unfolding day by day.
By monday some major forecast rain will or will not have fallen on Iowa Illinois Indiana.
Monday Chicago i would expect to be interesting.
I'm going to contradict CrazyBull above - USA will plant loads of soya if they can because they can be planted later, are cheaper to grow than corn, a lot of ground destined for corn was supposed to have NH3 knifed in ages ago and that hasn't happened either. soya is a good entry for corn next year, on hope of a trade deal. But mostly because it will get too late to plant corn.
Bearish for OSR going forward??
please do.Look peoples,,,It`s very simple.I have not sold any forward so the price will definately go down. Unless you all want me to sell some forward to guarentee a price rise