Combinables Price Tracker

Badshot

Badshot

Member
Location
Kent
Clive said:
If you have over bought fert at the right price can you trade that position like you could with grain ?
Click to expand...
Why would you want to?
I'm sitting comfortably on a shed of urea from last year, at its height over £100 a tonne cheaper than this year, currently £75. Only regret is not buying more last year.
 
Brisel

Brisel

Member
Arable Farmer
Location
Midlands
Billboy1 said:
Wish I'd sold my osr instead put it in storage hope it rallies before march [emoji35]
Click to expand...

Ditto here. Sold 1/3 at £290/t at harvest & put the rest into United Oilseeds storage for £8/t. Watched the price rise & fall. I have until June to price it so still plenty of time yet. Wondering about leaving a sell order for £319/t if everyone is going to bail out at £320!
 
F

franklin

New Member
Clive said:
If you have over bought fert at the right price can you trade that position like you could with grain ?
Click to expand...

Yes. I bought more urea last year and offered it back to the merchant who sold it at a mutually beneficial price. Didnt even have it delivered. It's just a standard commodity.
 
Clive

Clive

Staff Member
Arable Farmer
Location
Lichfield
Badshot said:
Why would you want to?
I'm sitting comfortably on a shed of urea from last year, at its height over £100 a tonne cheaper than this year, currently £75. Only regret is not buying more last year.
Click to expand...

because its liquid and i'm fairly significantly over bought early and right at the bottom of the market so potentially could make some decent profit if I could cash in the margin to today price, I could hold it over to next year I guess but the market could just as easy fall again as rise so surely the smart thing is cash in while there is profit ?

plans changed, I ordered for a contract farm who then later decided he was buying the N himself this year
 
Clive

Clive

Staff Member
Arable Farmer
Location
Lichfield
static said:
Yes. I bought more urea last year and offered it back to the merchant who sold it at a mutually beneficial price. Didnt even have it delivered. It's just a standard commodity.
Click to expand...

thats what I was hoping the answer would be, will have a chat today about it with the supplier
 
bert

bert

Member
Mixed Farmer
Location
n.yorks
Where is the feed wheat price at? Haven't heard anything for a long while. Feed beans are supposed to be in the bank by now, but they haven't even made it out the shed yet.
 
shakerator

shakerator

Member
Location
LINCS
Clive said:
because its liquid and i'm fairly significantly over bought early and right at the bottom of the market so potentially could make some decent profit if I could cash in the margin to today price, I could hold it over to next year I guess but the market could just as easy fall again as rise so surely the smart thing is cash in while there is profit ?

plans changed, I ordered for a contract farm who then later decided he was buying the N himself this year
Click to expand...

Not as liquid as we think though ?

Anyone wanna buy my fert in bitcoin ?!
 
bert

bert

Member
Mixed Farmer
Location
n.yorks
Offered £142 from one merchant, and £145 from another for feed wheat. Sold 6 load for 145, coming January, possible some load in between Xmas and new year.
 

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