- Location
- West Suffolk
Full spec group 1, £230 collection Monday.
Combinables Price Tracker
- Thread starter Jerry
- Start date
Homesy
Member
- Location
- North West Devon
These prices are a bubble waiting to burst. They are simply unaffordable. Majority of cereals goes to livestock. The price of meat and milk has not risen inline with costs, not just here in the UK but across the world. People cannot afford to pay these prices. They will come down as they have before. Very high prices are always followed by very low prices.
Wheat sub £140 next July.
Wheat sub £140 next July.
lloyd
Member
- Location
- Herefordshire
No these prices are a reality check .Wheat was way over £100t in 1984.
Infact you will nearly be able to forward sell Nov22 wheat for£200t.
- Location
- Lincolnshire
Rubbish. Folk will get used to paying a tiny fraction more for food.
Feed wheat n Ireland £230
Chae1
Member
- Location
- Aberdeenshire
How are you doing now?
Ok, if that’s what you want to believe.
But I would suggest you bite the bullet and forward buy your cereal requirements now, as the bubble is going to get a lot bigger and be around for a lot longer than you imagine.
My target for forward selling Nov 22 wheat was £200. With input prices potentially restricting output across the globe, I don’t know if I would take an offer of £230. Throw in the predicted La Niña and another unforeseen event, and all bets are off.
Edit:
@Homesy . Just had a look at todays futures, Nov 22 is up another £4.85 to £195.
If you want to buy ‘cheap’ cereals then the boat is about to sail. Moan all you want, but don’t say you weren’t warned.
Last edited:
Chae1
Member
- Location
- Aberdeenshire
It's her sister. Other ones el nuna
Last edited:
Ooh , female storm ... ffs
La Niña has arrived and will stick around. Here is what that means for the dry Southwest and US hurricanes
Winter weather, ongoing drought conditions and even the remainder of hurricane season will see an impact from a recent cooling of sea surface temperatures in the Pacific.
www.google.co.uk
Will be a bad one then!
Certainly an expensive one
- Location
- Lincolnshire
Covid has not decreased my ire and cinicism.
Today I ate solid food.
Tomorrow I'm driving the loader.
Chae1
Member
- Location
- Aberdeenshire
Glad to hear your improving.
yellow belly
Member
- Location
- south west lincolnshire
The price of n will reduce yields to below trend
over 2 billion tonnes of grains produced in the world if trend yield is reduced by only 5 % because of reduced n use
100 million tonnes less yield in 2022
the last 5 years record world production has just kept up with record consumption
When if there is a drought in major producers the world will be saved as the biofuel usage can be switched
in the 80s 90s there we’re government stock piles in the western world
over 2 billion tonnes of grains produced in the world if trend yield is reduced by only 5 % because of reduced n use
100 million tonnes less yield in 2022
the last 5 years record world production has just kept up with record consumption
When if there is a drought in major producers the world will be saved as the biofuel usage can be switched
in the 80s 90s there we’re government stock piles in the western world