My thoughts entirely , getting too old to be rogeredNo.
This job has all the hallmarks of a rough furking, sans KY.
My thoughts entirely , getting too old to be rogeredNo.
This job has all the hallmarks of a rough furking, sans KY.
Traders.Traders or demand destruction
UK (ICE) Feed Wheat £/tonne May 22 330.00 (-28.50) Jul 22 341.10 (unch) Nov 22 340.10 (-11.40) Jan 23 342.60 (unch) Mar 23 343.85 (unch) May 23 351.05 (-4.55) Jul 23 315.25 (unch) Nov 23 284.00 (-2.10) Jan 24 281.15 (unch) Mar 24 282.65 (unch)
Black or redYou'll either be right, or wrong.
I think you are pinning a lot of hope on fields/crops being undammaged by the war and that planting hasn't been affected (seem to remember the farming press put their planting at just 40% of normal), that transport infrastructure will be there to allow exports at previous levels. I think the war ending wont make much difference to prices till h24.Ukranian war finishing will wipe £100 off it , also supply and demand , no shortage of wheat now , we should have run out according to AHDB
OK , I'll do 750 Urea with £350 Nov 23 wheat , any takers ?I think you are pinning a lot of hope on fields/crops being undammaged by the war and that planting hasn't been affected (seem to remember the farming press put their planting at just 40% of normal), that transport infrastructure will be there to allow exports at previous levels. I think the war ending wont make much difference to prices till h24.
Watch the futures markets, you may get your target. I sell my crop, not buy.OK , I'll do 750 Urea with £350 Nov 23 wheat , any takers ?
I was after a contractWatch the futures markets, you may get your target. I sell my crop, not buy.
Unlikey today, but quite possible in the future, as i said, watch the futures market.I was after a contract
We're gambling , and I don't like it , some willUnlikey today, but quite possible in the future, as i said, watch the futures market.
I confess to selling in may '21 two loads for Nov 22. What was I thinking about.Sold some wheat and barley for Nov 23 today, £280 wheat and £258 barley.
Booked my fert and thought let's lock in some decent prices. Right or wrong I won't know till Nov 23. But in my eyes can't be far wrong for me.
Growing crops is always a gamble as soon as we put a crop in the ground, hoping it is worth more come harvest than it cost us to grow.We're gambling , and I don't like it , some will
You miss the point , we're gambling on numbersGrowing crops is always a gamble as soon as we put a crop in the ground, hoping it is worth more come harvest than it cost us to grow.
Not missing the point at all, but it is always gambling on numbers, set by merchants and futures markets. The numbers are just bigger at the moment than usualYou miss the point , we're gambling on numbers
They are at the momentNot missing the point at all, but it is always gambling on numbers, set by merchants and futures markets. The numbers are just bigger at the moment than usual
This is the bit I'm struggling with. Whether we sell forward, off the combine or store for weeks, months or years after? It's a gamble, exactly the same with buying raw materials forward. Can't see the issues with everyone getting get up about selling forward.Not missing the point at all, but it is always gambling on numbers, set by merchants and futures markets. The numbers are just bigger at the moment than usual