- Location
- East yorks
Same with malting barley, been tipping my laurette in the feed heap, now its suddenly worth testing for malting
Combinables Price Tracker
- Thread starter Jerry
- Start date
- Location
- Cirencester
My malt spec is going into an AD plant nowSame with malting barley, been tipping my laurette in the feed heap, now its suddenly worth testing for malting
Then next autumn they won’t be able to get rid of the digestate! Be the end of that job as it stands , complete ea debacle.
what are they paying?
- Location
- Cirencester
£170 unassured
DeeGee
Member
- Location
- North East Wales
Is that feed barley ex farm?
- Location
- Lincolnshire
We stopped growing rye because it was £5 a ton below feed wheat and it could go flat. I fully agree fiddly specialist crops should be at a premium above not below feed wheat. The present discounts beggars belief really and sums up the contempt the trade has for the farmers effort. Rye grows well here but had to be on a contract to have a worthwhile market. And they had us over a barrel, never collecting till June and being as fussy as hell about it. Transport to Poole finally killed it. They import it cheaper from Germany. Thanks a lot.
Really? freshly cut cereals being used as AD feedstock ?!
Is the AD subsidy system honestly financing £170 cereals?
- Jesus wept!
- Location
- Westish Suffolk
SilliamWhale
Member
I was offered £180 for barley today
Ethanol production I can understand and would support, especially in place of French or South American maize.
But AD to make methane (not ethanol) I thought used a mix of 'waste products' and 'energy' beat with ensiled maize / grass / cereal whole crop? Using £170 barley sounds financially insane.
Chae1
Member
- Location
- Aberdeenshire
Any new markets for grain is great in my opinion.
Spot market low N malting barley £185/t.
Spot market low N malting barley £185/t.
Sandy
Member
- Location
- Aberdeenshire
That’s up £5/t from last week it’ll be £200 by October
- Location
- North yorks
Feed barley £174 feed wheat £185
- Location
- Cirencester
Yes, cant send for malt as unassured now.
FarmerBruce
Member
- Location
- Yorkshire
Sold last week for £188That’s up £5/t from last week it’ll be £200 by October
Sold a few tones feed wheat to ease cash flow
£189 pay now plus storage cost so buyer can move when they want
Used some of the storage income to buy may futures to cover off market rises (or falls off course !) So still technically 100% unsold
£189 pay now plus storage cost so buyer can move when they want
Used some of the storage income to buy may futures to cover off market rises (or falls off course !) So still technically 100% unsold
Used some of the storage income to buy may futures to cover off market rises (or falls off course !) So still technically 100% unsold
Technically this sounds like a 'Cash and Carry'.
Usually the 'carry' part equates to £1 a month, so either your futures are extremely cheap, or you're being offered a significantly better rate for the carry.
[edited for clarity]
Last edited:
I’m not carrying it - im being paid for the storage (fixed price for the season ) it could move tomorrow or next June - up to the crops new physical owner !!
my futures position keeps me in the market so i can still benefit from market rises when wheat is £250 in May ……. or be crying into my cornflakes when its £150
the storage fee more than covers the option cost plus there is a “cost of money” value to consider in this £1/t/m doesn’t really cut the mustard does it !
much the same risk as if i simply didn’t sell some tonnage yesterday but with the advantage of generating a bit of cash flow immediately (needs must as just built a new shed)
only done a few % like this - i will gamble the rest the good old fashioned physical pile way
Last edited: