Combinables Price Tracker

[teslacoils]

My average for the first 1t/ha is £340. So as said, could go any way! Im quite wary of forward sales, and also immediately pre-harvest has, historically, been a cacky time to sell. But then I bought fairly dear urea, and who knows if that will have been a good buy between now and March.

 

[nick...]

Can’t see too many boats heading to Russia or Ukraine.expect sea is heavily mined and id not want to sent ships there if I owned any.ship owners maybe boycotted by rest of world if they try to get to Russia too.
nick...

 

[Chrisw]

Hot weather bringing harvests forward. Ukraine got nowhere to put theirs etc = lots more supply compared to a normal June.

Ukraine has nowhere to put rheirs, and not much in the way of getting it out to the world either. Don't think ukraine grain is much of a factor at the moment, especially as russia is apparently minjng ports again.

 

[HAM135]

I did Nov 22 at £360 (takes my average for the first 5t/ha to 230 )

You've made me feel better,my average is now £260 for first 5t/ha, won't be a good feeling loading the ones at £170/t!

 

[Chae1]

You've made me feel better,my average is now £260 for first 5t/ha, won't be a good feeling loading the ones at £170/t!

Don't worry your not alone, I'll be doing exactly the same.

 

[BRBX]

One day in april we loaded out,
1 load forward sold feed at £160
1 load spot milling at £358
£200\t spread, patting yourself on the back with one hand and punching yourself on the nose with the other

 

[super major minor]

Can’t see too many boats heading to Russia or Ukraine.expect sea is heavily mined and id not want to sent ships there if I owned any.ship owners maybe boycotted by rest of world if they try to get to Russia too.
nick...

Trouble is Erdogan encouraging Ukrainian wheat exports but Putin exporting stolen Ukranian wheat from Mariupol and mining Odessa and the West looks away to reduce inflation

 

[fieldfarmer]

The thing is I, as most, would be selling wheat over the last 6 months whether it was £200 or £300, paying £350 didnt create any more wheat, and Mr Miller should have known he would still be getting it without the panic buying, seems it has now dawned on him.
£240 for feed wheat will be the average for 2022 harvest is my prediction, bear in mind some is already bought at £170 as well as £300

But would Mr Miller still be getting it or another mill that's paying more, he can't sell what he hasn't got on his books, all supply and demand is the same, as fat price rises a slaughter house paying more doesn't suddenly make more cattle magically available but he will have stock.

 

[texelburger]

I'm currently not selling a ton of wheat and am certainly not buying a ton of fert.Period.

 

[Lincsman]

But would Mr Miller still be getting it or another mill that's paying more, he can't sell what he hasn't got on his books, all supply and demand is the same, as fat price rises a slaughter house paying more doesn't suddenly make more cattle magically available but he will have stock.

But I have some left and all mills seem to have got what they wanted.

 

[bobk]

Wheat £200 by harvest , money talks

 

[JCfarmer]

Best sell the lot then! Wheat futures £293t Nov

 

[bobk]

Best sell the lot then! Wheat futures £293t Nov

How much have I got ?

 

[midlandslad]

@Clive what is your take on this recent drop?

looks to me that the speculator herd are cashing in and assuming the situation remains the same there should be a post harvest rally?

 

[fieldfarmer]

@Clive what is your take on this recent drop?

looks to me that the speculator herd are cashing in and assuming the situation remains the same there should be a post harvest rally?

Yep totally agree, as soon as it stops falling they will want to buy back in, some crazy money been made off the last run and they won't want to miss out on the next rise.

 

[fieldfarmer]

But I have some left and all mills seem to have got what they wanted.

That's seems quite normal for this month in any year, they will buy as required until well contracted bought (cheap, probably below £200) new season wheat is available to them.

 

[Clive]

@Clive what is your take on this recent drop?

looks to me that the speculator herd are cashing in and assuming the situation remains the same there should be a post harvest rally?

nothing fundamental has changed, drops are just trading ……….. best to not look to close !

i had a group of overseas farmers here last week, all farming BIG areas in eastern europe, one with huge hectares (like 100k plus !) in the Ukraine told me they would be 40% down this harvest and if they couldn’t export it would probably significantly reduce that for h23

 

[Devon James]

To choose not to sell, for example, at least some tonnage of osr at best part of £700 per tonne takes some doing?

 

[Chrisw]

Invaders take out all old harvest grain from Melitopol silos - mayor

Every day, the Russian military drives dozens of grain trucks out of captured Melitopol. The invaders are only willing to buy grains from local farmers at a dumped price of $80 per tonne, which is below cost price. â Ukrinform.

www.ukrinform.net

Cant see fundamentals improving any time soon

 

[Drillman]

To choose not to sell, for example, at least some tonnage of osr at best part of £700 per tonne takes some doing?

We never sell OSR till it’s safely in the shed.
we don’t grow enough to even consider selling part of our expected tonnage.