Fertiliser Price Tracker

Steevo

Member
Location
Gloucestershire
£695 for some urea... that I would have to store until next spring Right or wrong to take it... 🤔.

The tricky part for everyone will not only be whether the price is right or wrong....but how much do you buy at that price. To work out the logical payback ratio (and thus the rate to apply to your crop in one year time!) you'd need to know the fert price you'd be paying and the wheat price you'd be selling.

My point is I guess that at £900/t you might buy 50% of usual rate....with the plan to just apply that.....but if the fert price falls perhaps buy a bit more to top up. But if the wheat price rises, the fert price won't drop and may rise so you wouldn't buy any more.

Depending on how things go, by May 2023 some may wish they had bought more and applied that.....some may wish they hadn't bought so much at a high price.....and hopefully a good few will be happy with the decisions they have made and have (by luck and judgement combined) bought the right amount, at a sensible enough price to mean their yields won't suffer too much, and but they won't have to carry too much high priced fert over.


Or......it could skyrocket again this time next year and anyone who bought at £900/t that has some left over might be sitting pretty when they bring out the June '23 price list at £1200/t! 😂

Ah well, there's always the year after......
 

Renaultman

Member
Arable Farmer
Location
Darlington
OSR outside my mates house on the Brittany coast just below Qimper last week.
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4course

Member
Location
north yorks
Yeah but if I were buying, I would forward sell enough wheat at current prices to cover it. Not always the right thing to do, I admit, but I always feel comfortable having that big bill covered.
seems sense to me takes the pressure off , at least you are buying something of future benefit rather than just selling forward to end up regretting
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 79 42.0%
  • Up to 25%

    Votes: 66 35.1%
  • 25-50%

    Votes: 30 16.0%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 7 3.7%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,291
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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