Do you invest in futures Clive? I dabble with stocks but haven't done anything with futures or commodities and wouldn't know where to begin.
Russian Grain Deal
- Thread starter ProDrive
- Start date
yes, it’s easier and less risky than growing the stuff !
Thank you. I'll take a look into it now.
Baling Hay
Member
Really? the market was well over £300 for a long time!!! There was plenty of money in growing wheat at those prices.
- Location
- Shropshire
Hi and where do you go about buying, online or through a broker?
disclaimer - approach with caution and knowledge and understanding you can loose as well as win !
- Location
- Montgomeryshire
As with all forms of trading/betting, for every ‘winner’, there is someone who loses just as much.
‘Only play with as much as you can afford to lose’ is the usual advice.
I read that in Ray Winstone's voiceAs with all forms of trading/betting, for every ‘winner’, there is someone who loses just as much.
‘Only play with as much as you can afford to lose’ is the usual advice.
But in all seriousness, sound advice from you and Clive.
farmerm
Member
- Location
- Shropshire
talk at one point was UK Gov offering to step in as insurers... but that was a few weeks ago... ? In the scheme of Western military donations, what is putting a side a mere couple of million to cover the potential loss of a shipment of grain with an African crew... I don't see it happening though. Neither side will be able to stick to the agreement. Ultimately Putin wants those ports, though right now Russia doesnt seem to have the means to take them. If fert doesnt fall sharply too we shall soon know what the big money players really think about this....
Steevo
Member
- Location
- Gloucestershire
Can’t see anything actually happening. It’s all words trying to influence markets.
To me it feels like the powers that be are trying yet another last ditch attempt to stave off the inevitable.
12 months time the world will be in an even bigger mess than I expected. The world doesn’t know what is coming down the tracks in terms of food prices. Fert at £750 a tonne is double what many arable farmers paid for current harvested crop. So the £300+ we have seen will be back with more on top within 12 months.
Added to the fact that this drought means there is no grass on farm. Many farms seem to be tucking into the silage they made only a few weeks ago and are relying on for winter time. I can’t imagine many are doing third cut silage now either so will there be enough fodder for them come winter?
Bumpy ride ahead!
To me it feels like the powers that be are trying yet another last ditch attempt to stave off the inevitable.
12 months time the world will be in an even bigger mess than I expected. The world doesn’t know what is coming down the tracks in terms of food prices. Fert at £750 a tonne is double what many arable farmers paid for current harvested crop. So the £300+ we have seen will be back with more on top within 12 months.
Added to the fact that this drought means there is no grass on farm. Many farms seem to be tucking into the silage they made only a few weeks ago and are relying on for winter time. I can’t imagine many are doing third cut silage now either so will there be enough fodder for them come winter?
Bumpy ride ahead!
glasshouse
Member
- Location
- lothians
Ukraine should export nothing, let the world tell russia to get out if they want fed.
- Location
- East Sussex
It’ll be interesting. Heard on the radio there is ‘only’ 109 ships in port, usually 2000 odd crew and only 200-400(can’t remember) on those ships now. Sea worthiness is an issue too, been parked up for a while. Agreements are not with each other but parallel with other nations (turkey?) who is in control of inspection etc.
1.20pm radio4 today….. seemed quite clued up.
Could quite easily fall apart I guess but they are trying to build trust supposedly. How quick can they load a boat? It’ll take a while to not only load but also escort and inspect them out of the Bosphorous surley.
1.20pm radio4 today….. seemed quite clued up.
Could quite easily fall apart I guess but they are trying to build trust supposedly. How quick can they load a boat? It’ll take a while to not only load but also escort and inspect them out of the Bosphorous surley.
farmerm
Member
- Location
- Shropshire
Most of the world are telling Russia that already... the rest Russia are feeding
farmerm
Member
- Location
- Shropshire
One imagines no inspections would be needed on the outgoing ships but Russia will be keen to be sure Ukraine are not backhauling war materials back in.. This I am sure is just a PR exercise for Russia, its about optics for the domestic population and those in other territories with an anti western sentiment. Russia will say look we tried but then collapse the agreement and blame Ukraine and its Western allies for belligerence.
- Location
- Aberdeenshire
Apparently their are Ukrainians being trained right now somewhere in Scottish waters, been on the news up here.
UK giving them (loaning ?) I think a couple of minesweepers.
- Location
- Aberdeenshire
As much as high grain prices suit me we must remember there are poor countries that people will starve without Ukrainian exports.
Heard someone in Ukraine saying they'd only planted about 70% this year I think, so can't imagine grain markets won't still remain tight, but that's just a guess.
Heard someone in Ukraine saying they'd only planted about 70% this year I think, so can't imagine grain markets won't still remain tight, but that's just a guess.
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- Location
- Aberdeenshire
Perhaps but Russia is very good at information war, they apparently have already been blaming Western sanctions for lack of grain exports.
Heck it's apparently all NATO's fault if you buy their line.
A journalist that has connections with South America said he was picking up the story from social media there that it was the West's fault.
Also Ukraine will be needing the money, don't we all need cash flow even without fighting a war.
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ollie989898
Member
If I was the Ukrainians, I'd be firing harpoon missiles at every freighter carrying grain out of Russia.