h21 or 22 ?
I'm about 150% unsold H21 and similar for H22
will need to make some physical sales soon however, just logistics of movement
Combinables Price Tracker
- Thread starter Jerry
- Start date
h21 or 22 ?
I'm about 150% unsold H21 and similar for H22
will need to make some physical sales soon however, just logistics of movement
fieldfarmer
Member
H 21,
lloyd
Member
- Location
- Herefordshire
I bet your playing Freddie Mercury's 'dont stop me now' at full volume.
- Location
- Lincolnshire
It's on fire today.
- Location
- Perthshire (It's a big place!)
So options then! How much do they cost to run? Whenever I've asked in the past they always seem expensive, but this could have been the year that makes them seem cheap. For example I started selling a bit at £160 and that position is now worth about 230 (245 local price) so if it cost a tenner then its money well spent. However its not the first time that the first sale has been my best sale so if the options had cost 10 then I would be down on average. Therefore I tend to stick to my usual selling pattern. About 30% of wheat that is in the ground by now and if it looks ok then maybe another 30% by harvest. That is only for the wheat. Spring feed barley is probably best sold post harvest and the biggest tonnage I have is rye. Some of which is in a pool, some is futures minus and the rest is the gamble. Therefore I think I'm doing ok with my strategy on average but it is years like this that make you question your strategy.
This leads me into next year, about 30% committed with the last sale at 215, what could I do to capture any gains if it goes higher and approx how much would it cost?
This leads me into next year, about 30% committed with the last sale at 215, what could I do to capture any gains if it goes higher and approx how much would it cost?
fieldfarmer
Member
You're not wrong, another big jump. November is showing a £7.50 jump now.
- Location
- Lincolnshire
Ye god's someone is going to get burnt soon.
- Location
- Perthshire (It's a big place!)
Local feed barley 229 may, sold some at 219 for march 5 days ago!
Local May wheat 250,
how much will this to chicken prices
Local May wheat 250,
how much will this to chicken prices
- Location
- herefordshire
is that deliverd price ?Local feed barley 229 may, sold some at 219 for march 5 days ago!
Local May wheat 250,
how much will this to chicken prices
Baling Hay
Member
Waiting for £400, well may let some away at £390 for logistical reasons
yellow belly
Member
- Location
- south west lincolnshire
Current up £ 6.50 for May. £5 for nov22
prices up every where
is there any panic buying yet
turnaround Tuesday tomorrow?
prices up every where
is there any panic buying yet
turnaround Tuesday tomorrow?
- Location
- Oxfordshire
No need to sell anymore at the moment, might as well see how high we can go
yellow belly
Member
- Location
- south west lincolnshire
How much grain is still in the control of the producer the highest prices are when the farmers still own a small percentage
£240 Jan ? Is that delivered. Your basis to futures must be a whole lot better than mine.Feed wheat £240 January is getting very tempting
still got 80%!
tullah
Member
- Location
- Linconshire
Had a text from Cerfetra at 1.30 today bidding £200 ex farm for November '22 wheat.
Needless to say market rose sharply since.
Needless to say market rose sharply since.
ex farm I don’t do futures
Last edited:
lloyd
Member
- Location
- Herefordshire
You can't have all those Grants for living in a deprived area and
the best corn prices as that wouldn't be fair.