I was told £120 today Jerry.This is to a neighbour and just a trailer load. Just want a fair price to both.
Thanks
Around here it’s about £120. Not much if any August fixings thoughany prices for feed barley in Lancs august movement ex farm
Been quoted £142 full spec milling
Wheat (£125 base, £17 premium) for September movement. Doesn’t sound enough to me? we have a few loads contracted on max/min that’s not priced as yet.
Is there any hope of prices going up again in the short term? Or is it a gradual drift lower?
Been quoted £142 full spec milling
Wheat (£125 base, £17 premium) for September movement. Doesn’t sound enough to me? we have a few loads contracted on max/min that’s not priced as yet.
Is there any hope of prices going up again in the short term? Or is it a gradual drift lower?
ATM the traders are talking the job down, big yields not enough shed space & the likes. ( Are they out gleaning )
But In the real world yields are nothing special, a lot of heads & Grain has been lost.
In the north it’s a wet sodden laid mess. A lot of the nations Wheat is still out getting beaten up by the storms.
At home we are finished but at a cost of drying about 1,400 ton. Yields guesstimate 8.5 t/ha. Range 7- 10.
Trouble with yield meter on last few fields & high moistures. So it’s hard to be sure.
Hats of to the big yielders but it’s very moderate for most folks.
Praying for the weather to pick up.
Has it dropped that much? Was quoted £157 spot for group one on Monday afternoonBeen quoted £142 full spec milling
Wheat (£125 base, £17 premium) for September movement. Doesn’t sound enough to me? we have a few loads contracted on max/min that’s not priced as yet.
Is there any hope of prices going up again in the short term? Or is it a gradual drift lower?
Is there any hope of prices going up again in the short term? Or is it a gradual drift lower?
Around here it’s about £120. Not much if any August fixings though
I have enough cover to get me through to the new year, I have sat on grain till May when my gut has said it will go up even though the merchants haven't had any faith. My gut this year is only telling me I want my teaGradual drift lower until either an early frost in US heavily knocks corn potential, or January when US gets a handle on how much corn it actually has, or does not have.
USDA says it will have enough, and are usually right. But there are grounds this year to take their figures with a pinch of salt. When the USDA does get it wrong, which is rare, it is when assessing a visually decent but late crop. This years crop is VERY late and looks better than anyone dared hope, because there has been no dry spell to stress underdeveloped roots. No dry spell also means cooler than ideal in some areas. Late gets later.
Meantime £120 dec , by december, would not surprise me.
Has it dropped that much? Was quoted £157 spot for group one on Monday afternoon
Gradual drift lower until either an early frost in US heavily knocks corn potential, or January when US gets a handle on how much corn it actually has, or does not have.
USDA says it will have enough, and are usually right. But there are grounds this year to take their figures with a pinch of salt. When the USDA does get it wrong, which is rare, it is when assessing a visually decent but late crop. This years crop is VERY late and looks better than anyone dared hope, because there has been no dry spell to stress underdeveloped roots. No dry spell also means cooler than ideal in some areas. Late gets later.
Meantime £120 dec , by december, would not surprise me.
ATM the traders are talking the job down, big yields not enough shed space & the likes. ( Are they out gleaning )
But In the real world yields are nothing special, a lot of heads & Grain has been lost.
In the north it’s a wet sodden laid mess. A lot of the nations Wheat is still out getting beaten up by the storms.
At home we are finished but at a cost of drying about 1,400 ton. Yields guesstimate 8.5 t/ha. Range 7- 10.
Trouble with yield meter on last few fields & high moistures. So it’s hard to be sure.
Hats of to the big yielders but it’s very moderate for most folks.
Praying for the weather to pick up.
I’d say yields are not as good as last year here.
Do you keep your wheat John?
Gradual drift lower until either an early frost in US heavily knocks corn potential, or January when US gets a handle on how much corn it actually has, or does not have.
USDA says it will have enough, and are usually right. But there are grounds this year to take their figures with a pinch of salt. When the USDA does get it wrong, which is rare, it is when assessing a visually decent but late crop. This years crop is VERY late and looks better than anyone dared hope, because there has been no dry spell to stress underdeveloped roots. No dry spell also means cooler than ideal in some areas. Late gets later.
Meantime £120 dec , by december, would not surprise me.
Yes but it was overwhelmingly beans that gave up acres. Corn in the ground has ended up within a spit of last years acreage...on USDA figures.They didn’t plant a lot due to flooding.