Pebd99
Member
- Location
- Aberdeenshire
Egyptian urea 730
Nitram 645
27n 12s 616
Nitram 645
27n 12s 616
Fertiliser Price Tracker
- Thread starter TFF
- Start date
Steevo
Member
- Location
- Gloucestershire
- Location
- Berkshire
Good in a ‘22 context at leastUrea price is good
Steevo
Member
- Location
- Gloucestershire
Good in a ‘22 context at least
Who knows….could be ‘23 too!
county down
Member
- Location
- downpatrick
egyptian urea today 630dollars for february equates to £485 fob should be about £620 in uk in march something cheaper but will any shipper chance it has fallen$180 in last 10 weeks could it fall another$100 which would make an price completely wrongUrea price is good
- Location
- Darlington
Would be nice if they were but they don't really NEED to be on fert price increases alone.
What’s the latest date you need delivery by?
- Location
- S.E
We really are our own worst enemy's with comments like this ffs
ridger
Member
- Location
- Tyrone, Northern Ireland
I'm assuming he is a merchant
But it isn’t just fert price that has gone up is it, everything has gone up.
Oh except the BPS.
Ag is cyclical at some point it is almost certain that we will have a pinch point of high input prices going into grow a crop with low sales price. And it could be at a time when we have very little of the comfort blanket of BPS left to fall back on.
- Location
- Darlington
True and we have the option to fix virtually all those costs and lock in to a sale price, if only we could lock in to a minimum yield
Then this farming malarkey would be a doddle.
- Location
- Lincolnshire
If you lock in at these wheat prices; grown UK average yields of wheat; buy and replace you npk at today's prices; and pay a fbt rent and true machinery cost & labour, then you won't make any profit.
lloyd
Member
- Location
- Herefordshire
How many times has selling the unharvested crop months ahead actuallyTrue and we have the option to fix virtually all those costs and lock in to a sale price, if only we could lock in to a minimum yield
been the best option?
I find most years they only want to pay a small price above the true cost of production taking into consideration average yield data.
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- Location
- Darlington
What are you working on 3t/acre at £200.0 (not that I would dare sell 3t even though my average is higher) Suppose it would depend on establishment method and how much you are paying for the pleasure to farm?
- Location
- south norfolk
I’d never personally sell more than 1.5 ton an acre of non harvested crop.was waiting for wheat to hit £200 a few weeks back but it never got there and dropped back further since
nick...
nick...
Steevo
Member
- Location
- Gloucestershire
Precisely this!!!
The market usually assumes all the good news will happen and ignores any hiccups. It's always optimistic about next year's crop in order to keep prices down.
Yet 9/10 in my experience, things never go quite to plan, and because of all these assumptions and no planning for hiccups, the markets end up short and prices being to rise.
Imagine if you'd sold 2022 crop forward a few years ago, and are now facing having to face a sale price of £160/t, with fertiliser prices of £700/t.
There isn't much point "locking in a profit" as the traders love to call it if you don't have your costs fixed - you aren't locking in any profit at all.
Chae1
Member
- Location
- Aberdeenshire
I would say with the exception of 2020 and 2021 I have been better off selling forward.
This is Nov 22 futures plus £20 for malting barley contracts.
I've a tonnage locked in for 2022 harvest at £220/t. I don't think the spot market in 22/23 will beat this. But I can make a profit on it at current fert prices. A rise in chemical costs may erase this.