Combinables Price Tracker

jd2013 · Jul 22, 2022

Odessa has only 800,000 tons of storage capacity. And the 80 captive ships from February we believe have serious quality problems, not to mention depreciated goods.

Pan mixer · Jul 22, 2022

jendan said:
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 ?

That particular purchase was the last of the pool wheat in a store that they wanted empty.

teslacoils · Jul 22, 2022

fieldfarmer said:
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!

All mine is on paper or ex central store. And I have insurance for anyone going bust.

Sandy · Jul 22, 2022

jd2013 said:
Odessa has only 800,000 tons of storage capacity. And the 80 captive ships from February we believe have serious quality problems, not to mention depreciated goods.

How are Spring crops looking around elgin?

4course · Jul 22, 2022

twas only a couple of weeks ago that I wondered had we done right in selling some forward to pay for fert for next year now im sure I was

Werzle · Jul 22, 2022

Ukrainian farmer interviewed by the bbc told them last year he was getting about £250/t for wheat but this year its only about £85/t because of the war and blocked ports. Fuel had risen threefold for them too.

lloyd · Jul 22, 2022

Werzle said:
Ukrainian farmer interviewed by the bbc told them last year he was getting about £250/t for wheat but this year its only about £85/t because of the war and blocked ports. Fuel had risen threefold for them too.

At least their OSR doesn't get savaged by flea beetle with the luxury of
being grown with neonicotinoids.
Most reported farms in Ukraine seem to be agri businesses
backed up by western money ,been a bit of a learning curve.

Old apprentice · Jul 22, 2022

May be wrong but there has been a determined plan around the world to reduce crop prices it started a while ago politicians i would say have been talking around the worldto reduce prices and behined close doors to push the price down as many of you posting have said most of the fundamentals have not changed ukrain will not produce a significant amount of wheat next year and this year's crop will not be that great. The world reserves have been getting less as years go buy . China is preparing all the time for reduced world stocks a lot of people over there. The price of grain seamed to be pushed down before every harvest last few years have been . Just my take.

Renaultman · Jul 22, 2022

Old apprentice said:
May be wrong but there has been a determined plan around the world to reduce crop prices it started a while ago politicians i would say have been talking around the worldto reduce prices and behined close doors to push the price down as many of you posting have said most of the fundamentals have not changed ukrain will not produce a significant amount of wheat next year and this year's crop will not be that great. The world reserves have been getting less as years go buy . China is preparing all the time for reduced world stocks a lot of people over there. The price of grain seamed to be pushed down before every harvest last few years have been . Just my take.

Totally agree.

Werzle · Jul 22, 2022

lloyd said:
At least their OSR doesn't get savaged by flea beetle with the luxury of
being grown with neonicotinoids.
Most reported farms in Ukraine seem to be agri businesses
backed up by western money ,been a bit of a learning curve.

Politician out there said the 20 million tons in stock would be worth 10 billion to the country im sure he said, so they are having a bloody good uplift in price now. 500/t if my maths is correct, surely cannot be right

lloyd · Jul 22, 2022

Werzle said:
Politician out there said the 20 million tons in stock would be worth 10 billion to the country im sure he said, so they are having a bloody good uplift in price now. 500/t if my maths is correct, surely cannot be right

They need the money at the moment so good luck to them.

Northern territory · Jul 22, 2022

lloyd said:
They need the money at the moment so good luck to them.

Can’t see how Russia would want to help a country it is trying to destroy financially.

lloyd · Jul 22, 2022

Northern territory said:
Can’t see how Russia would want to help a country it is trying to destroy financially.

Because they will help themselves on a much bigger scale
at the same time and get the demining done for free.

Northern territory · Jul 22, 2022

lloyd said:
Because they will help themselves on a much bigger scale
at the same time and get the demining done for free.

That’s kind of what I mean though, they will want to control it all.

Werzle · Jul 22, 2022

Northern territory said:
Can’t see how Russia would want to help a country it is trying to destroy financially.

War is costly.Got to watch its own finances too so part of the deal allows them to export grain and fert, plus it makes them look better trying to help feed the poorest countries. Russia forcasting a bumper harvest . Turkey is policing it all.

thorpe · Jul 22, 2022

turkey

lloyd · Jul 22, 2022

thorpe said:
turkey

Last time I went to Turkey the stall holder
wanted to give me my change in nuts.

teslacoils · Jul 22, 2022

It will be top lols if, come April, there's sod all wheat; China has all the stock; and they decide to take a closer look at Taiwan.

Devil's advocate · Jul 23, 2022

teslacoils said:
Yes. For me its a pain as I only really grow wheat interspersed with grass. The grass isnt really a payer, but the risk per acre is so drasticaly up that Im going to have to spread my bets a little. The additional cost per acre to grow wheat over spring barley, at prices for fert and grain is too high.

Last thing we want is a return to food prices being tiny while everything else has soared to the stratosphere. Noone is saying "oh wont it be great when house prices and builders day rates have dropped 20 percent to pre-covid levels".

Yes they will, you are wishing for it to happen & you got 3 likes. So thats at least 4.

fieldfarmer · Jul 23, 2022

The main ITV news story was the dramatic price crash of British wheat, so who sold here at the top prices quoted?

I think a researcher might have got over optimistic with the decimal point.

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