Combinables Price Tracker

balerman

Member
Location
N Devon
I’ve got a foot in both camps to an extent,finishing cattle and selling barley.Barley at over 300 does not work for anything other than dairy,unless beef,lamb,chicken and pork prices rose by 50%,and politicians all round the world won’t let that happen.We may well see wheat over 300 again soon but i guarantee it won’t stay there.Why do you think it all came to a standstill pre harvest,it was at least partly cos compound feeds were working out cheaper.Same thing will happen now,mills will buy as much as they can now at say 230 and compound feeds will be the best option for many.
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
It's why they subsidise production
And devalue food even further. There wouldn’t be half the waste either if it was dearer.
Fuel and is food nothing like expensive enough yet. Devaluation encourages profligacy. Who would have thought we’d get to a stage of ordering a meal at a time delivered to your front door, but here we are. And they say food or fuel is too expensive. Not yet it isn’t. I’ve no qualms about hoping wheat gets back to £350. Ironically V Putin in a roundabout way has done more to increase my standard of living than any leader for the last 40 years. Pity it’s for all the wrong reasons and folks are suffering but it’s an I’ll wind that blows nobody some good. If higher food prices come out of this conflict then it won’t be a bad thing.
 

jendan

Member
Mixed Farmer
Location
Northumberland
I’ve got a foot in both camps to an extent,finishing cattle and selling barley.Barley at over 300 does not work for anything other than dairy,unless beef,lamb,chicken and pork prices rose by 50%,and politicians all round the world won’t let that happen.We may well see wheat over 300 again soon but i guarantee it won’t stay there.Why do you think it all came to a standstill pre harvest,it was at least partly cos compound feeds were working out cheaper.Same thing will happen now,mills will buy as much as they can now at say 230 and compound feeds will be the best option for many.
I certainly hope Davidsons of Shotts have bought every last bit of grain they could get their hands on for £230.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
Bit simplistic,

is it though ? name me other (successful) industries that knowing set out to produce a product at a loss ?


either lock into profitable contracts OR accept you are a speculator and come play with futures (which is at least not such hard work, just equally risky ! ......... well slightly less risky in reality !)
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
is it though ? name me other (successful) industries that knowing set out to produce a product at a loss ?


either lock into profitable contracts OR accept you are a speculator and come play with futures (which is at least not such hard work, juts equally risky !)
Sadly we are out of livestock production for the very reason that too many do it as a hobby. Too many folk willing to flood markets with expensively produced lamb and beef for knockdown prices. Buying stores for a tenner less than fat beast selling in the ring next door. I’ll never know how that ever stacks up.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
Sadly we are out of livestock production for the very reason that too many do it as a hobby. Too many folk willing to flood markets with expensively produced lamb and beef for knockdown prices. Buying stores for a tenner less than fat beast selling in the ring next door. I’ll never know how that ever stacks up.

yes, this is UK agricultures BIG problem ........ too many wealthy farmers (whom all genuinely believe they are poor and probably are living of less than. the minimum wage) , propping up poor trading businesses with historic land investment returns boosted by landowning subs


Step one to fixing this - get rid of subs on landownership
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
yes, this is UK agricultures BIG problem ........ too many wealthy farmers, proving up poor trading businesses with historic land investment returns boosted by landowning subs


Step one to fixing this - get rid of subs on landownership
That’s the truth of it. If you want to know how your business is really doing then pay any sub into a different account and see how it goes. It’s not just BPS though. There are equipment grants and a whole range of other subsidies that in the end only serve to inflate costs and induce complacency in the way we do things, myself included.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
That’s the truth of it. If you want to know how your business is really doing then pay any sub into a different account and see how it goes. It’s not just BPS though. There are equipment grants and a whole range of other subsidies that in the end only serve to inflate costs and induce complacency in the way we do things, myself included.

it's the truth for sure but even suggesting it doesn't exactly make you very popular !


we are all guilty of it, myself included
 

midlandslad

Member
Location
Midlands
yes, this is UK agricultures BIG problem ........ too many wealthy farmers (whom all genuinely believe they are poor and probably are living of less than. the minimum wage) , propping up poor trading businesses with historic land investment returns boosted by landowning subs


Step one to fixing this - get rid of subs on landownership
This sums up the job pretty well
 
Thats what we all thought when this carbon lot came out but the "experts" reckon the cattle finished at 12-15 mths pushed with grub are the future with a lower carbon footprint.
I would say that's accurate and we always aimed to breed cattle that will finish younger, plus the finished cattle put dung back onto the stubble.

A ton to barley (from which a lot nutrients remain on the farm) to finish is nothing compared to the the extra acres, sheds and consumables to cattle for an extra winter, or possibly two.
 

Mr Tree

Member
Location
Sth Yorkshire
So back into prices ,where have they got to today?

Will they continue to be a bull run all week or has the warning from Putin been just that and cautiously the wheat starts to leave ?

not jumped this morning as much as I thought with the weekends news
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
So back into prices ,where have they got to today?

Will they continue to be a bull run all week or has the warning from Putin been just that and cautiously the wheat starts to leave ?

not jumped this morning as much as I thought with the weekends news

5.5 up

they should have regained at least the 16 they lost on Friday

Frankly a price that started with a 4 wouldn't surprises me at some point this marketing year but neither would one that stared with a 1 !
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
Tell government that
Well you can’t have it both ways. You can’t say to people we will be net zero by 2050 but you can carry on with all the cheap goodies that you have become accustomed to. It’s a lie.
If food and fuel were properly priced, taking into account real cost of production which includes environmental impact costs then maybe folk would think twice about wasting them and prioritise usage.
Folk don’t generally like to hear the stark truth though. That’s why politicians lie so much. That’s leaving aside the issue of farmers being asked to work for nothing.
 

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