And not fall out with each other, i mean we would not want them to go to war!!!
Combinables Price Tracker
- Thread starter Jerry
- Start date
- Location
- Lincolnshire
It’s a hold here for the foreseeable, probably well into next year or until I need the cash.
Once the ukrainians have emptied the silos of 20 million tons they will start exporting this years harvest of roughly 50 million tons just in case i would of thought. Russia will be moving its own too and wherever its going in the world it will ease demand somewhere else in the world.
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Suspect it will be mainly sunflowers , oil is short in the world
They have the boats but they are short of people to sail them all at the moment
It's not just Ukrainian grain that's important to ease this pressure on global food supplies - it's also Russian produce and Russian fertiliser.
Neither of those are under any kind of international sanctions.
But because of the reluctance on the part of international shipping companie to do business with Russia, Moscow has had all sorts of problems finding vessels to do its own exports through the Black Sea.
Neither of those are under any kind of international sanctions.
But because of the reluctance on the part of international shipping companie to do business with Russia, Moscow has had all sorts of problems finding vessels to do its own exports through the Black Sea.
gone up the hill
Member
- Location
- Devon
Problem is for most livestock farms they have no other options to graze the farm as it is not suitable to go into crops.
Worst thing you could do is start putting the farm down to trees !
fieldfarmer
Member
I love your optimisation that when they look in the silos its all going to be there, pictures of Russian ships leaving full of wheat tell another story.
Edit to say, wheat has ended the day around £14 down, for a Friday on the news of a signed deal I was expecting near £50 to come off, are they not confident in the deal or the stock?.
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beardface
Member
- Location
- East Yorkshire
Why will food prices drop? People don't just live on bread and most pasta comes from Italy, which is having its worse drought for 70 years. Damage has already been done to pig and poultry in terms of numbers coming forward. Its still won't affect gas prices, however diesel is coming down in line with oil price. I'd still hqppily wager 20 quid that wheat will be 300 again by new year. Once vlad and chums have cleared there backlog of fert and wheat ( remember they benefit financially from russian goods sold) they'll claim that ukraine are using ships to move arms and they go back to blockading the ports again.
You wouldnt expect it to drop much until the boats actually start to leave without problems. I expect the stock market and traders will play about with the news to earn as much as possible too
Yes who knows, time will tell. At least less people will starve in the world
fieldfarmer
Member
It drops immediately if USA say their crops look marginally better than last month, they don't wait till its harvested.
- Location
- Lincolnshire
Well, I'm going to cover my forward sales with some cheap wheat; take the cash; put mine in a shed until may; and arrange the finance.
fieldfarmer
Member
Well fingers crossed they buyers honour the very well sold stuff, £120 ton over spot makes me think it going to stay on farm for a while. Still have well sold June contracts here and no transport apparently!
But there's caution, too - and a Ukrainian commodities analyst, Elena Neroba, has told the BBC that she is "doubtful" about the deal.
Neroba said it's unclear whether the deal covers only the 80 vessels currently in Ukrainian ports - which have a capacity to carry one million tonnes of grain - or whether it includes the 20 million tonnes currently held in silos across across the country.
Neroba also pointed out the blockade has caused Ukrainian farmers to lose income - which will limit their capactiy to reinvest in farming new crops.
That means Ukrainian farms will not be able to plant next season's crops, causing the price of grain to remain high globally.
Neroba said it's unclear whether the deal covers only the 80 vessels currently in Ukrainian ports - which have a capacity to carry one million tonnes of grain - or whether it includes the 20 million tonnes currently held in silos across across the country.
Neroba also pointed out the blockade has caused Ukrainian farmers to lose income - which will limit their capactiy to reinvest in farming new crops.
That means Ukrainian farms will not be able to plant next season's crops, causing the price of grain to remain high globally.
Eastern Europe under serious heat pressure. Our sources reported that Romania will not get even 10 mio mt this year, Hungy less than6 mmt, Serbia less than 6 mmt. Bulgaria under concern as well - all it makes possible EU corn import over 20 mmt
wriiten by some one esle no spelling mistakes for me.
wriiten by some one esle no spelling mistakes for me.
Farmeraduk
Member
- Location
- Oxfordshire
Conveniently 130 already waiting…
