Anyone bought fert

[warksfarmer]

You still haven’t explained what’s happened to £4.50/kg nitrogen you were so sure it was going to be a few weeks ago?
Urea is about £1.59, pretty good return on futures prices. That’s £582/ha difference in your budget…

what’s to explain

. Plenty of suggestions on social saying N could open up at £1250/t. It hasn’t opened at that but will it climb to it?

 

[Lincsman]

Spring cropping wheat definitely does not help BG but no the main reason is risk. I’m not prepared to subsidise food production so going down the least risky option.

I am similar, but actually do nothing to some fields.. starting tractors costs money.

 

[ajd132]

what’s to explain

. Plenty of suggestions on social saying N could open up at £1250/t. It hasn’t opened at that but will it climb to it?

You said it’s what your fertiliser person said.The only person I heard that from was you!
I guess it could creep back up there, we’re covered now.

 

[Days of thunder]

Not keen on committing to buying any Fert forward in case we have a very wet autumn and get nothing planted.

 

[Steevo]

Just succumbed and booked one load of urea at £745 ‍

Seems a fair price this season. Who did you buy through?

 

[Nick.]

Seems a fair price this season. Who did you buy through?

Frontier.
Tbh I agree re price.
Did two loads of beans at £350 for July to ‘sort’ of cover it.

 

[milkloss]

Don't buy too much.... might be some commodities on the move again soon.

Reuters

Russia Says It’s Opening Sea Corridors (9:01 p.m.)

Humanitarian maritime corridors from Black Sea and Sea of Azov ports including Odesa will operate from 8 a.m. to 7 p.m. daily, Mikhail Mizintsev, a Defense Ministry official said according to an emailed statement. But shipments may not begin moving quickly because Ukraine would have to remove its mines after seeking assurances of protection from Russia’s Black Sea fleet.

The head of the UN’s World Food Programme, David Beasley, said Monday that Russia’s blockade of Ukrainian ports, preventing shipments of grain from the country, is a “declaration of war” on global food security.

The interruption of Ukraine’s agricultural cycle risks a multi-year global food crisis, Kuleba said at Davos, “but in the end the problem is that you cannot trust Russia even if they sign papers guaranteeing safe passage.”

 

[Billboy1]

Don't buy too much.... might be some commodities on the move again soon.

Reuters

Russia Says It’s Opening Sea Corridors (9:01 p.m.)

Humanitarian maritime corridors from Black Sea and Sea of Azov ports including Odesa will operate from 8 a.m. to 7 p.m. daily, Mikhail Mizintsev, a Defense Ministry official said according to an emailed statement. But shipments may not begin moving quickly because Ukraine would have to remove its mines after seeking assurances of protection from Russia’s Black Sea fleet.

The head of the UN’s World Food Programme, David Beasley, said Monday that Russia’s blockade of Ukrainian ports, preventing shipments of grain from the country, is a “declaration of war” on global food security.

The interruption of Ukraine’s agricultural cycle risks a multi-year global food crisis, Kuleba said at Davos, “but in the end the problem is that you cannot trust Russia even if they sign papers guaranteeing safe passage.”

merchants will be bombarded this morning if true expect wheat to start with a 2 at end of play

 

[db9go]

I have had three this morning all telling me it has drooped and going to drop even further as i have some in the grain store

 

[lloyd]

I have had three this morning all telling me it has drooped and going to drop even further as i have some in the grain store

Did you ring them or the other way around?

 

[db9go]

I have had three this morning all telling me it has drooped and going to drop even further as i have some in the grain store

Did you ring them or the other way around?

They phoned me

 

[EddieB]

Taken 30% cover on N for next spring.

 

[snarling bee]

They phoned me

It'll go back up then