Combinables Price Tracker

Humble Village Farmer

Member
BASE UK Member
Location
Essex
I'm not sure it's a good thing.
Yeah wheat at £58 was unsustainable but i think where we are today at approx 6x that is unsustainable.
£300 a tonne is 30p a kilo and you need less than that to make a loaf of bread.

So I would say it's sustainable, and if other stuff goes up, shoppers will be more willing to buy bread at a higher price.
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
The dynamics of the grain markets fascinate me really. I can pick up the phone and sell feed wheat forward for November at what would appear to me to be an unsustainable price but a contract is still made. How do they know they’ll have a customer for it? Imagine it on a Parish scale. My chicken farmer says he is not buying it at that. He will wait till November. I’m technically stuck with a worthless product till then. If he can’t use it, what’s it worth then?
I know, it’s global, but there must come a time when customer resistance will put the brakes on or reverse the price however scarce it is?
 

balerman

Member
Location
N Devon
I think wheat at £250+ is here to stay.So that means pork,chicken and eggs will have to go up or there won’t be any,specially in the UK but it is a world wide problem.The general public and government will be VERY reluctant to accept this at the expense of the leisure economy and luxury goods(£1500 i phones,£70k cars on lease that they have no hope of actually buying etc).Gonna be an interesting couple years cos they have literally no idea this is going to happen yet.
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
I think wheat at £250+ is here to stay.So that means pork,chicken and eggs will have to go up or there won’t be any,specially in the UK but it is a world wide problem.The general public and government will be VERY reluctant to accept this at the expense of the leisure economy and luxury goods(£1500 i phones,£70k cars on lease that they have no hope of actually buying etc).Gonna be an interesting couple years cos they have literally no idea this is going to happen yet.
tbh they can grumble but really have very little choice. Govt now saddled with an energy company worth nothing and a wont be long until they are the largest energy supplier just in time to tell their "customers" that the October price cap has taken another two grand per household off their budgets. House extensions, foreign holidays will all come to a grinding halt.
 

Flat 10

Member
Arable Farmer
Location
Fen Edge
£300 a tonne is 30p a kilo and you need less than that to make a loaf of bread.

So I would say it's sustainable, and if other stuff goes up, shoppers will be more willing to buy bread at a higher price.
I get that. It's just it feels we won't see the benefits with general inflation. I'm probably wrong but 12months ago I could never have expected to feel so miserable about such high prices.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 105 40.5%
  • Up to 25%

    Votes: 94 36.3%
  • 25-50%

    Votes: 39 15.1%
  • 50-75%

    Votes: 5 1.9%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 13 5.0%

May Event: The most profitable farm diversification strategy 2024 - Mobile Data Centres

  • 1,751
  • 32
With just a internet connection and a plug socket you too can join over 70 farms currently earning up to £1.27 ppkw ~ 201% ROI

Register Here: https://www.eventbrite.com/e/the-mo...2024-mobile-data-centres-tickets-871045770347

Tuesday, May 21 · 10am - 2pm GMT+1

Location: Village Hotel Bury, Rochdale Road, Bury, BL9 7BQ

The Farming Forum has teamed up with the award winning hardware manufacturer Easy Compute to bring you an educational talk about how AI and blockchain technology is helping farmers to diversify their land.

Over the past 7 years, Easy Compute have been working with farmers, agricultural businesses, and renewable energy farms all across the UK to help turn leftover space into mini data centres. With...
Top