Combinables Price Tracker

[Devil's advocate]

Sad , serious question, would targeting combine harvesters, grain trucks and grain stores be possibly classed as a war crime??
Not as Russia cares whether it’s armed forces are creating a war crime .
Apologies for posting but a serious situation moving closer by the day

Oh totally a war crime.

But if Russia targets Ukraine crops, we need to be able to retaliate.

Russia has sunk at least one 30,000 ton boat load of wheat.

 

[David.]

If they won't sell at £320, offer them £250..... Grain trade.
If they won't buy at £640, offer it at £720...... CF.
And we bite.

 

[bobk]

If they won't sell at £320, offer them £250..... Grain trade.
If they won't buy at £640, offer it at £720...... CF.
And we bite.

You're probably 100% correct

 

[David.]

Or just a misery guts

 

[bobk]

Lock the grain store doors , let them get over the madness in thinking Ukraine will supply the market

 

[jd2013]

Lock the grain store doors , let them get over the madness in thinking Ukraine will supply the market

hope your right
plus rain this late on will not make much difference to the french crop?

 

[hutchy143211]

I think an element of this is an odd trading week. No CBOT Monday and no ICE Thursday/Friday. I wonder if people are trying to sell off risk for longer trading breaks to avoid drops? I think some yield positivity from the US and Europe is built in due to the forecast of rain but how much are they going to improve? I think there is too much positivity in the market that Ukrainian ports will get operational.

 

[marshbarn]

Bank holidays messing the markets up, nobody wants to hold open contracts . 5 days of none stop drinking jubilee special.

 

[teslacoils]

Tbh if they buy all this late season Ukrainian wheat that they need to shift before they start cutting, which country will have the ballbag to reject it due to bugs?

Has anything really changed? Just sentiment. Nothing here in the shed yet.

 

[teslacoils]

Hypothetical situation - Russia agrees to open ports, but in return UN and buying countries have to recognise Crimea and donbas post referendum as Russia. Do you think hungry nations will quibble?

 

[Chuckie]

This was only 3 months ago

 

[J 1177]

If they won't sell at £320, offer them £250..... Grain trade.
If they won't buy at £640, offer it at £720...... CF.
And we bite.

Bingo

 

[M-J-G]

If they won't sell at £320, offer them £250..... Grain trade.
If they won't buy at £640, offer it at £720...... CF.
And we bite.

Nail on the head there man!

My cousin used to procure cattle and sheep for an abattoir, he said that if they were short of animals they were told to cut the price 5p, and the farmers never failed to panic out to sell.

If you put the price up, it creates the hope that things will continue to rise.

 

[tullah]

Nail on the head there man!

My cousin used to procure cattle and sheep for an abattoir, he said that if they were short of animals they were told to cut the price 5p, and the farmers never failed to panic out to sell.

If you put the price up, it creates the hope that things will continue to rise.

I thought we were being told the market was full of speculators and that it wasn't farmer selling or withholding that was the driving force. Maybe there's a bit of lag and they've forgotten there's not much N being manufactured.

 

[Happy]

Market seems obsessed with existing grain getting out of Ukraine at the moment.
Reckon it will bounce back. Ukrainian Grain Union is predicting 2022 harvest down 42%

Ukraine 2022 wheat crop seen down 42% at 19.2mln T - traders union

Ukrainian officials and analysts say that hostilities in many regions could make the harvest impossible, though the union did not officially specify a reason for the decrease

www.zawya.com

 

[robbie]

Well unless thinks pick up soon it looks like I'll be carrying the rest of mine through.

 

[bobk]

Well unless thinks pick up soon it looks like I'll be carrying the rest of mine through.

Fundamentals haven't changed

 

[yellow belly]

Hypothetical situation - Russia agrees to open ports, but in return UN and buying countries have to recognise Crimea and donbas post referendum as Russia. Do you think hungry nations will quibble?

Hungry nations will buy Russian grain
or if they can afford it French Canadian Australian or American

harvest is just around the corner

last July wheat for the following harvest was down £ 30 from the top 190 down to 160 as in closing price post harvest average prices above £200 some farmers average well over £200

this year now down £55. 350 down to 296

last year many panic sold at under £160

 

[yellow belly]

Well unless thinks pick up soon it looks like I'll be carrying the rest of mine through.

Harvest date Depends on the weather in July 5 week dull weather and most wheat will be harvested in September
the uk will need several hundred thousand tonnes

 

[Pilatus]

I do wonder if pushed against the wall whether Uk flour mills/ bakers could use more UK wheat than they have us believe.Wasn’t the “Chorley Wood” bread making process invented to allow just that but perhaps it has its limitations.
Amazing how things can be made to fit to save a sinking ship.