- Location
- Lincolnshire
Ex farm? Nice to see barley up. Sad it's £50 under wheat.
Combinables Price Tracker
- Thread starter Jerry
- Start date
- Location
- Cirencester
Christ, only offered £200/t for full spec Nov
That’s why most of us don’t bother growing milling wheat in this part of the world .
- Location
- Darlington
That actually works out better than my HC beans a couple of weeks ago at £207.00
Same here. No local market and if ours can make milling so does everyone else's so premiums are rubbish
- Location
- Shropshire
Your Manchester haul must be low cost too though?
- Location
- West Suffolk
Final clear up load here in West Suffolk went at £202 yesterday.
lloyd
Member
- Location
- Herefordshire
What's the rush ?
None really. Just opening the book for wheat already emerged. If it's my worst sale of the year I'll be happy enough. Just trying to hedge a long position i.e. wheat sown and not sold.
lloyd
Member
- Location
- Herefordshire
I get all that but if you look at at the spread of prices in the USA ,
they are alot closer for next harvest than ours .
I would say our forward prices are undervalued but nothing is a certainty.
Some bullish stories in the trade, hence the price rise to a level I can make a profit at. Just locking some in. Never mind what the others are doing. Ask me in 18 months whether that was right or not.
- Location
- Darlington
I bet you have fert locked in at a very sensible price too?
Sheeponfire
Member
I have to say it looks tempting...
Is trade rising too fast??
Or as another poster said a few weeks back... "just wait till the trade actually wakes up to how little UK wheat there is about"
Or let's be honest.. Its just where it really needs to be...
Thoughts???
I’ll know that at the end of the season! Booked at the beginning of the campaign, which looks ok so far. My new boss booked it, so no credit due to me though I would have done the same in the circumstances.
lloyd
Member
- Location
- Herefordshire
Some bullish stories in the trade, hence the price rise to a level I can make a profit at. Just locking some in. Never mind what the others are doing. Ask me in 18 months whether that was right or not.
Quite right not to follow others I rarely do.
I've said this before & I'l say it again - yes, there's a small UK crop but we are already importing cargoes and prices are at import parity. They won't go much further than that except for a merchant short and the technical rise the UK market has as Nov 20 comes off the board & tenders have to be in or positions closed to avoid physical delivery as paper positions expire. Look outwards into the global marketplace.
Big global stocks, but who has them and what condition are they in?
How big was the Northern Hemisphere harvest for the major exporters in the end?
Nov 20 LIFFE is £188.20. Is that not a good price to sell old crop at? Jan 21 is less than that!
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big dog rex
Member
The reason I sold for November 21 was concern the the £ might get stronger if we get a Brexit deal devaluing our exports
yellow belly
Member
- Location
- south west lincolnshire
the spread between 2020 harvested grain and 2021 harvested grain is now at the highest it has been
the questions are
is 2020 grain of the right spec is in shorter supply
plenty of grain with low hagburg or ergot spring wheat or gp1 (skyfall)
was there less carried over of high enough spec
is 2021 harvested grain grain too cheap
dry in the discounter countries russia and ukraine
french planting way behind
now being offered over 200 delivered for lower hagburg soft wheat
after christmas soft gp3 wheat will have a high import tariff
the questions are
is 2020 grain of the right spec is in shorter supply
plenty of grain with low hagburg or ergot spring wheat or gp1 (skyfall)
was there less carried over of high enough spec
is 2021 harvested grain grain too cheap
dry in the discounter countries russia and ukraine
french planting way behind
now being offered over 200 delivered for lower hagburg soft wheat
after christmas soft gp3 wheat will have a high import tariff
lloyd
Member
- Location
- Herefordshire
Quite agree but probably got another few weeks.
Maize and wheat prices are rising nicely in the states ,cheaper imports
might not be available.
