Pool prices

Against_the_grain

Member
Arable Farmer
Location
S.E
If the market falls £12/t then you dont get any value from your option....You also lose £12/t on any un-sold grain.
If the market falls £20/t you are limited to a £12/t loss...With your unsold grain you lose £20/t + storage/pool charges.

If the market rises £12/t you dont see any of that gain...With your unsold grain you gain £12/t.
If the market rises £20/t you will see £8/t gain...With your unsold grain you get £20/t. Again you have to price in your storage charges AND the fact that you were exposed to the market, and bare in mind you have not had the cash either.

Basically its an insurance premium against falling(or rising) prices.
 
I have given up on the pool
The 4 Years I was in one I beat the price on my own selling

I watch the market carefully ... daily... and sell one or two load at a time. ( sometimes 3 or 4)

it’s a scattergun approach that needs carefull managing but I like a bit of trading

(used to do A bit of sharedealing Day Trading / trading as a hobby so used to the graphs and charts and trading stuff )

This 👆🏻 Is the way to do it. Sold our milling spring wheat to 3 merchants this year £268/t, £269/t and £270/t respectively. Had some bushel claims on the £270 contract but not the others. Average £265/t.
Not sold anything forward since 2012 and haven’t regretted it ……… so far.
 

David.

Member
Mixed Farmer
Location
J11 M40
The bumper harvest that wasn't, and lot of people had forward sold a percentage which turned out to be their entire tonnage and more. The first time some people had encountered hardball, and got bought against.
 

snarling bee

Member
Arable Farmer
Location
Bedfordshire
Frontier is shocking. They must have had a few boats sold for poor money.
The pool I am in did over £50 more. I am now worried as I have some in next years pool with Warburtons that Frontier are now doing.
 

Badshot

Member
Location
Kent
Frontier is shocking. They must have had a few boats sold for poor money.
The pool I am in did over £50 more. I am now worried as I have some in next years pool with Warburtons that Frontier are now doing.
I dropped out of Warburton's when frontier took it on.
They're only going to make it look good for certain parties, farmers won't be the winners.
 

Widgetone

Member
Trade
Location
Westish Suffolk
I'm surprised that Frontier are not worried about reputational damage.
Just how big is their Pool system, and will it evaporate overnight?
In the past i used to find it interesting all Pools seemed to be within a few £s of each other..

I guess the other two big Pool players would be ADM and Openfield, how did they get on?
 

4course

Member
Location
north yorks
Frontier is shocking. They must have had a few boats sold for poor money.
The pool I am in did over £50 more. I am now worried as I have some in next years pool with Warburtons that Frontier are now doing.
who supplies your fertilizer and chems ? It took me a while to come to the view that in essence what the multi nationals are selling/buying is not product but money
 

SFI - What % were you taking out of production?

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    Votes: 30 15.9%
  • 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

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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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