Yewtree offer
- Thread starter JES
- Start date
- Location
- God's side of the border.
Read in a financial paper once, that people who locked in fixed interest rates were worse off 80% of the time.
rusty
Member
- Location
- Buxton Derbyshire
Fixing inputs and sales is not about trying to beat the market but fixing in a margin if you can control/fix enough of your costs.
Hope notRead in a financial paper once, that people who locked in fixed interest rates were worse off 80% of the time.
The margin is quoted in the deal,I’d say it’s pretty good.
I fixed in 2018,I gained 2p at the time.
It’s their farm name,they started out as a small farmer retailer.
Only thing I haven’t fixed is diesel.
- Location
- God's side of the border.
Some people view it as an insurance policy.Hope not
Kiss
Member
- Location
- North west
I’d say anyone who fixed anything 12 months ago or prior is currently substantially defying those odds,Read in a financial paper once, that people who locked in fixed interest rates were worse off 80% of the time.
it 100% depends what way the market goes could be
Falling market 80% loosing
Rising market 80% winning
Those who don’t fix should be in the middle! Complacency of low interest is coming home for some of them!
Will Blackburn
Member
- Location
- Cheshire
Fixable at about 90p!
Feed fixed all the way to end of '24?
Do these “fixed” price contracts have exclusion clauses, like force majeure?
Jdunn55
Member
- Location
- Helston, cornwall
I'll bet the milk companies do but I'll bet that the farmers don't...
The question is do yea tree actually have “customers” or are they in fact the customer???? If they locked all that milk in last time at 29ppl and sold it on the spot for 50ppl not bad going is it
Just got our email today, apparently there was a problem with the email.
So, just sitting down with the figures now.
Our average litre over first half of the season would return around 37p, up to about 43/44p this time of year.
Considering we fixed well only around 3 years ago on a similar deal at 28p, current costs and how the cfp and repayments figures have changed are frightening.
The deal is doable and a bit of certainty would be very welcome (bought fert and just confirming feed tomorrow). The problem is that it comes on the back of a very expensive year, meaning that just about doable isn't really enough. But maybe fixing a percentage is the way to go...
So, just sitting down with the figures now.
Our average litre over first half of the season would return around 37p, up to about 43/44p this time of year.
Considering we fixed well only around 3 years ago on a similar deal at 28p, current costs and how the cfp and repayments figures have changed are frightening.
The deal is doable and a bit of certainty would be very welcome (bought fert and just confirming feed tomorrow). The problem is that it comes on the back of a very expensive year, meaning that just about doable isn't really enough. But maybe fixing a percentage is the way to go...
- Location
- God's side of the border.
Yes, which is another consideration in our situation. Tried to work out volumes and we'd average about 40p for the year.