Beet 2024

[carbonfibre farmer]

Being as its the first of March.
I'm sure British Sugar would like us to start drilling.....!
Anyone started yet.

(We haven't lifted last year's yet)

I know @Breckland Boy likes an early beet thread

 

[Breckland Boy]

Being as its the first of March.
I'm sure British Sugar would like us to start drilling.....!
Anyone started yet.

(We haven't lifted last year's yet)

I know @Breckland Boy likes an early beet thread

No seed on site, base fert not spread, lime not spread, sheep still on brassica mix, not finished my drill project either.
Also have a 10ha patch where the water table is above ground level. Probably won't dry out until July which will then be a late beet thread.

 

[Barleymow]

Rice might be a better choice if

 

[Flat 10]

Cruiser on it anyway. No land ploughed.

 

[Wombat]

Bet Robbie is drilling something

 

[Flat 10]

he's the dr dre to the real slim shiney

 

[Flat 10]

And beet on the open price contract has fallen from £40 to £36….. though I doubt BS care as they would prefer it if we didn’t have this option

 

[Chris W]

And beet on the open price contract has fallen from £40 to £36….. though I doubt BS care as they would prefer it if we didn’t have this option

Closed at £34 yesterday.

The metrics behind how the futures market algorithm works doesn’t appear to be very clear and transparent.

If the trajectory continues we’ll be at a negative beet price before long

 

[Daniel]

The futures market was fixed by British Sugar.

I’ve worked back the calculation from where the beet price closed on 31st August, where the market is now, and what has happened to the beet futures price. British Sugar reset the calculation behind the beet price so that they paid £40/t on the opening day, so effectively they took £14/t off the futures beet price. I posted it to a beet growers WhatsApp, nobody has disproved my workings?

Edit: they also changed which futures market they track from no 5 to no11. It’s a bit tricky to work out and I’m happy to take corrections!

 

[Flat 10]

The futures market was fixed by British Sugar.

I’ve worked back the calculation from where the beet price closed on 31st August, where the market is now, and what has happened to the beet futures price. British Sugar reset the calculation behind the beet price so that they paid £40/t on the opening day, so effectively they took £14/t off the futures beet price. I posted it to a beet growers WhatsApp, nobody has disproved my workings?

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Edit: they also changed which futures market they track from no 5 to no11. It’s a bit tricky to work out and I’m happy to take corrections!

TBF they said that's what would happen several times. So i'm not annoyed, my criticism is that it seems a little over sensitive.

 

[Chris W]

TBF they said that's what would happen several times. So i'm not annoyed, my criticism is that it seems a little over sensitive.

To be fair, If the market was climbing we would be glad of the sensitivity.

 

[Daniel]

To be fair, If the market was climbing we would be glad of the sensitivity.

If the market was climbing we’d be starting from a higher base?

 

[Daniel]

TBF they said that's what would happen several times. So i'm not annoyed, my criticism is that it seems a little over sensitive.

Do you think they’d have reset it to £40 if the world beet price had dropped to £30 over the summer?

 

[Flat 10]

Do you think they’d have reset it to £40 if the world beet price had dropped to £30 over the summer?

It’s an arbitrary formula. Not related to the sugar value of the beet. So yes they would

 

[Bill Turtle]

Anyone else yet to finish Beet 23?

 

[yellow belly]

some near here not lifted yet

 

[carbonfibre farmer]

Anyone else yet to finish Beet 23?

Not started our "vast" acreage yet

 

[Bill Turtle]

Wetter than ever here, after this drier and “showery” week!

 

[Sonoftheheir]

Bee-harming neonicotinoid use "makes a mockery" of ban https://www.bbc.co.uk/news/science-environment-68471101

 

[Chris W]

Bee-harming neonicotinoid use "makes a mockery" of ban https://www.bbc.co.uk/news/science-environment-68471101

For interest; how did everyone that didn’t use Cruiser last year get on in another high infection forecast year?

I assume the fact the majority of the crops were treated help the crops that weren’t but equally I don’t remember hearing lots of YV issues on the continent like we did in 2020? Someone correct me if Im wrong but dont think any of mainland europe still has a derogation?