Wiltshire Bob
Member
That's because they don't have any profits!!!
Obviously you have done your research...oh wait no. no you didn't
That's because they don't have any profits!!!
That’s not good to hear. Maybe it’s an area thing.We’re based in Essex and have started dealing with Cefetra with the local office at Sudbury approx 30min away.The service levels have been very good, with our Farm Trader making a real effort to understand our business and give myself and brother options that are unique to our own circumstances. It also helps that the accountant gave the green light to sell to them.
*Wiltshire Bob* have you tried dealing with a different Farm trader from your local office ? Not sure if you have one in Wiltshire? Did this years ago with another merchant and the service level improved dramatically.
It takes 2 minutes to go online and see that they have posted a loss.Obviously you have done your research...oh wait no. no you didn't
It takes 2 minutes to go online and see that they have posted a loss.
Then you would see that the year before they made a profit.
Openfield Results
2018: ???
2017: Loss of £3.3 million
2016: Profit of £1.7 million
2015: Profit of £2.4 million*
2014: Loss of £4.2 million
2013: Breakeven
*Note in 2015 Openfield sold the tonnage they owned at Camgrain , which contributed significantly to the reported profit this year.
Openfield Results
2018: ???
2017: Loss of £3.3 million
2016: Profit of £1.7 million
2015: Profit of £2.4 million*
2014: Loss of £4.2 million
2013: Breakeven
*Note in 2015 Openfield sold the tonnage they owned at Camgrain , which contributed significantly to the reported profit this year.
Its a good point, I might give that a go, Cheers
Obviously you have done your research...oh wait no. no you didn't
Openfield Results
2018: ???
2017: Loss of £3.3 million
2016: Profit of £1.7 million
2015: Profit of £2.4 million*
2014: Loss of £4.2 million
2013: Breakeven
*Note in 2015 Openfield sold the tonnage they owned at Camgrain , which contributed significantly to the reported profit this year.
Selling assets to post profit? I wonder how Angus Cereals members feel about them too?
Yep, todays news. Big guys get bigger, 2 players become 1Seemingly ADM have bought all of Gleadell now, ADM Direct and Gleadell going to become ADM Agriculture.
The number of merchants available to sell to is shrinking daily!!
The reason Openfield don't take their profits off to a foreign shareholder is because they haven't made profits lately. As others say - check Companies House records. Not trading with Frontier is a daft idea, it's like saying that you won't buy from Amazon.Just wait till we have block-chain data to deal with as well. Farming will move forward or go bust, time for self-serving thinking to change. Brexit will increase the rate of change. Darwin's rules will apply. Just saying.
Should possibly need to rename the thread to ' Grain merchant developments daily wrap up '
So we have
Premier division
ADM Ag
Frontier
Openfield
Championship
Cefetra
Cofco
Glencore
Saxon
+ Indie league
Any omissions? ( or even emissions? )
Should possibly need to rename the thread to ' Grain merchant developments daily wrap up '
So we have
Premier division
ADM Ag
Frontier
Openfield
Championship
Cefetra
Cofco
Glencore
Saxon
+ Indie league
Any omissions? ( or even emissions? )