Combinables Price Tracker

jendan

Member
Mixed Farmer
Location
Northumberland
With U.K. yields looking likely to be a ton per acre down as we move into wheats and spring barley, why is the price still falling? Drought in Europe and US. Scope for a price rebound?
As a livestock producer and buyer of feed,i hope the price keeps going down below £200. But i cant see it happening. Most of the European harvest must be well down and then there is the Ukraine. I would think the paper traders will let it go as low as they dare,and then start again.More likely to be steady gains from now through the Winter and next Spring. I wouldnt be surprised if there are record prices by then.
 

Werzle

Member
Location
Midlands
I thought the straw/corn fields i bought at auction looked better last weekend than when i bought them 3 weeks ago tbh. Beef job will be ok with corn price falling and numbers starting to fall off a cliff in the store rings. Prices are all so volatile lately anything could happen. Harvests always add up to more than people were expecting usually.
 

lloyd

Member
Location
Herefordshire
I thought the straw/corn fields i bought at auction looked better last weekend than when i bought them 3 weeks ago tbh. Beef job will be ok with corn price falling and numbers starting to fall off a cliff in the store rings. Prices are all so volatile lately anything could happen. Harvests always add up to more than people were expecting usually.
As we've got beef cows I hope your optimism is correct
but beef wont compete with cheap chicken and pork in a cost
of living crisis .I can see clean beef back below £4 dw by Christmas.
 
As we've got beef cows I hope your optimism is correct
but beef wont compete with cheap chicken and pork in a cost
of living crisis .I can see clean beef back below £4 dw by Christmas.

I think beef production will continue to decline year on year. Will become a rare luxury for those who can afford it.

Price difference between prime cuts and cheap cuts will likely increase too? People maybe just have beef when they eat out?
 

jendan

Member
Mixed Farmer
Location
Northumberland
Wheat delivered this morning from a dealer, bought yesterday, £230
Can someone please explain to a thicko like me,why all you guys were doing forward sales 2 months ago for £300/ton or over,and now there are spot sales at £230/ton. Are these sellers so desperately short of money,that they have to sell at near 30% less,than to put their crop into pooled storage and sale later on? Surely that is most of the profit given away ?
 

Werzle

Member
Location
Midlands
As we've got beef cows I hope your optimism is correct
but beef wont compete with cheap chicken and pork in a cost
of living crisis .I can see clean beef back below £4 dw by Christmas.
People like a change, they will not just stick to one meat. Burgers are our saviour, expensive ones! I bet beef isnt below £4 unless corn drops well below £200/t
 

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