Doom and gloom
Member
Oh dear
Combinables Price Tracker
- Thread starter Jerry
- Start date
How come?!
Baling Hay
Member
Spoke to quite a few who have decided to carry into next year rather than be ripped off by the trade at these prices!
- Location
- Huntingdon
have actually had that conversation, suggested they brought futures as £40 drop vs current price. They laughed and said surely that would be gambling
C B
Doom and gloom
Member
Great idea,with you on that one
What has wheat gone down to then?
Baling Hay
Member
More sellers than buyers
- Location
- Lincolnshire
Hasn't moved much. Couple of £ down for may.
Baling Hay
Member
or 1%
Oh, I thought the posts above suggested wheat was dropping and everyone should bail out now….
I’m not sure Jan/Feb are the best time to sell, I’m sure all the users get topped up pre Christmas so not as much demand in the new year, so I’ll be waiting a bit yet to sell wheat.
I’m not sure Jan/Feb are the best time to sell, I’m sure all the users get topped up pre Christmas so not as much demand in the new year, so I’ll be waiting a bit yet to sell wheat.
- Location
- nottingham
Grp 1 £263 for feb , premiums are still up !
ZXR17
Member
- Location
- South Dorset
Feed wheat dropped £5 here today . World stocks are up apparently . Lets hope they are wrong as usual .
Doom and gloom
Member
Oh dear
fieldfarmer
Member
Looking back through your post history wheat may soon get back down to where you sold out, you might cheer up a bit then. Just be happy it was the correct thing to do on the day, (or you wouldn't of done it.)
Steevo
Member
- Location
- Gloucestershire
Agreed fully with those sentiments. Markets will be quieter and less upward movement until March onwards due to reduced demand. Mills to seem to buy in tranches rather than little and often.
The unknown can and will move markets though - take the situation last year with German milling wheat being imported thus depressing any demand for domestic milling wheat.
The above said.....prices today are at record levels which is never a bad time to sell!
- Location
- Darlington
I'm sold up, so shouldn't really comment, if I hadn't sold up though, I would be tempted to keep some to the bitter end, I still don't think there will be much left come harvest. Although demand will be lower at the current higher prices as alternatives to grain are used.
snipe
Member
- Location
- west yorkshire
Must be a bit of a shortage of barley round here (West Yorkshire) sold 6 load for £225 in dec for fed collection feb. Picked 4loads up already. Plus had 3 farmers ring up looking for some.
- Location
- Lorette Manitoba
Every thing here has backed off. Wheat especially feed wheat. Price rationing has took the demand away and moved it to maize. Canola is down to by 40$ a ton. Still a shortage but trader are creating uncertainty to make highs and lows to keep them paid.
Steevo
Member
- Location
- Gloucestershire
The uncertainty may also have the added effect of keeping genuine traders (farmers) on their toes, and encourage more to come to the market.......creating more (genuine/fundamental) liquidity rather than just traded paper liquidity/movement.