2017: Loss of £3.3 million
2016: Profit of £1.7 million
2015: Profit of £2.4 million*
2014: Loss of £4.2 million
*Note in 2015 Openfield sold the tonnage they owned at Camgrain , which contributed significantly to the...
I don't buy into this "big bad multinational" argument. Frontier are investing more in British Agriculture than any other merchant in the industry today, surely that is good for us all, regardless of the businesses parentage?!
As for Frontier controlling the market due to scale... again I don't...
For good order sake - you say "as an average".... that's not the same as a base price is it? If it therefore fair to assume that a Glencore harvest pool member in a lower valued part of the country (e.g East Anglia) would be getting a harvest pool result below your "average" £142.50 (wheat) and...
Sounds like a very strong result. Even being mindful the GrainCo base prices will always be higher that the merchants with East Anglian base prices (who then add on location premiums for the N.East / Yorkshire etc), but the GrainCo team seem to always produce consistent strong pool results.
The following are all ex farm harvest feed wheat base prices that I am aware of after doing some digging...
Not sure about the other merchants with grain pools but sure we will all find out soon.