Just goes in your closing stock valuations then though does it not? so no real advantage.Only man forcing anybody to buy forward would be the tax man.
Fertiliser Price Tracker
- Thread starter TFF
- Start date
Who's to say it's not last year's fert bought at 275 that's still in store?
Funnily enough I came across some N in the back of the shed from 19/20 the other day. It had cost me £197/t
Yes, the optimum strategy would be to use what was bought yesterday on this year's crop and to grow next year's with last year's.
Chae1
Member
- Location
- Aberdeenshire
Anyone brave enough to buy off Alibaba!?
Seems to have gone up a bit recently.
yellow belly
Member
- Location
- south west lincolnshire
2023 nov future not far out then
Back to India. Now limiting wheat exports. Seems a very bullish signal for prices
India Bans Wheat Exports as Food Security Comes Under Threat
India prohibited wheat exports that the world was counting on to alleviate supply constraints sparked by the war in Ukraine, saying that the food security of the nation is under threat.
www.bloomberg.com
Back to India. Now limiting wheat exports. Seems a very bullish signal for prices
India Bans Wheat Exports as Food Security Comes Under Threat
India prohibited wheat exports that the world was counting on to alleviate supply constraints sparked by the war in Ukraine, saying that the food security of the nation is under threat.
Chae1
Member
- Location
- Aberdeenshire
Its May 22.
Those figures are for 22/33.
So in those 5 months of 22 india are one of top 10 exporters?
A lot of these tables are just to suit people's own agenda.
Those figures are for 22/33.
So in those 5 months of 22 india are one of top 10 exporters?
A lot of these tables are just to suit people's own agenda.
- Location
- Lincolnshire
Stop showing USDA figures as it just shows how wrong they are!
Will be interesting to see quite how wrong they will turn out to be over the next few months.
Sceptics may have a good opportunity to lock in substantial profits.
How wrong? India are not a significant exporter?
Surely a bullish signal for wheat which makes N more affordable for cereal farmers, I suppose?
- Location
- Lincolnshire
On Thursday they said they expected India to export 10m tons. On Saturday India banned exports that didn't have licenses. There's now a significant risk of India being an importer of wheat.
The pre war crop predictions for India were for 110+Mt harvest. That's currently slashed to 100 and I've seen suggestions it maybe we'll into the 90s if the heat continues.
It just looks stupid when a respected agency puts a section on page one of its report about India as a key exporter 36 hours before India revises it's whole wheat export policy and program.
county down
Member
- Location
- downpatrick
who thinks wheat futures will rise 20 pound a ton tomorrow
- Location
- Lincolnshire
Nah.
- Location
- Lincolnshire
Whatever the price of wheat nobody likes to feel ripped off on input prices.
Summers coming, gas prices are falling, new gas supply routes are opening up.
I think fertiliser suppliers are going to have to suck up the reduced profit made on product manufactured during the high blip in gas prices just as farmers are going to have to suck up the inevitable downward correction in grain prices when it does eventually arrive, which it will.
It’s not as if fertiliser suppliers haven’t been making huge profits is it? They’ll need to reduce prices to shift that product and not expect farmers to cushion every perturbation in their gas supply costs.
Summers coming, gas prices are falling, new gas supply routes are opening up.
I think fertiliser suppliers are going to have to suck up the reduced profit made on product manufactured during the high blip in gas prices just as farmers are going to have to suck up the inevitable downward correction in grain prices when it does eventually arrive, which it will.
It’s not as if fertiliser suppliers haven’t been making huge profits is it? They’ll need to reduce prices to shift that product and not expect farmers to cushion every perturbation in their gas supply costs.
matttargett4
Member
Urea 720, 40n 14s 740, imported 27n 9s 620
that was last week mind
the bit that wound me up was delivery may to December sellers choice, 28 days to pay thereafter
my reply was if you’ll buy some milk from me at over 40p for sometime in 2024, I’ll choose when you can have it, then we ll talk about it
at the moment without futures for my produce I can’t see that I can buy in unless it’s a lot cheaper than that, I’ve no idea what I’ll get for the output so how can I gamble on inputs?
that was last week mind
the bit that wound me up was delivery may to December sellers choice, 28 days to pay thereafter
my reply was if you’ll buy some milk from me at over 40p for sometime in 2024, I’ll choose when you can have it, then we ll talk about it
at the moment without futures for my produce I can’t see that I can buy in unless it’s a lot cheaper than that, I’ve no idea what I’ll get for the output so how can I gamble on inputs?
Your urea price was the least expensive I've seen.
- Location
- Lincolnshire
On a light land cereal farm my futures sales potential is very limited both on quantity and quality.
matttargett4
Member
Mvf if your interested