Combinables Price Tracker

crazy_bull

Member
Livestock Farmer
Location
Huntingdon
£95 under the October / November peak.
But the fundamentals have barely changed…
They have though

At its peak;
India banned exports but then subsequently carried on exporting.
Ukrainian wheat was not accessible at all, but then is in various round about ways but no where near enough to bring prices right down.
We weren’t gonna make it to harvest with out running out, and we have.

Like them over loath them the money men managing big funds drove the wheat market way past where it would have naturally gone. They have lost interest for now due to a lack of fresh bullish news and so have sold out of their positions. Will they be back to drive it up again, possibly, could they over sell it on the downside, more than likely. Was the market over cooked at its peak, probably. They do however give fluidity to a market, they enabled people to sell at prices far above where mills were prepared to pay, so for those that did well done.

The interesting time will be May onwards next year, as tight stcks should be even tighter, will Ukraine exports be sorted by then, maybe, but not like they would have been normally.

Nothing goes up for ever or down forever.

by falling it may tighten the job more as it gives end users an opportunity to buy at levels they can make money at.

C B
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
There is word that the Indian harvest could be as low as 82mt. In that case, they will be importing 18mt.

Money is flowing out at the moment. The usual downward swing is being enhanced by the outflow of fund money.

The world S&D is not that much changed, no matter what the USDA will say. A slightly less bad French crop will not make up for whats going on in Oklahoma, or to corn in North Dakota. It just may take a while for reality to catch up. But then, ive got 12 months to think about that.
 

David.

Member
Mixed Farmer
Location
J11 M40
Just so you don't have to, I've popped over and taken some pictures in Saskatchewan this afternoon.
Don't buy the "World awash with wheat" line
20220629_182658.jpg

20220629_183923.jpg
20220629_183826.jpg
.
Most grain producing areas of central prairies are running as much as month late with seeding, and plenty of waterlogging still evident, quite a bit won't be planted at all,and early frosts at harvest would be very damaging to such late crops.
Not too much optimism evident yet.
 
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PSQ

Member
Arable Farmer
Location
Scottish Borders
Just so you don't have to, I've popped over and taken some pictures in Saskatchewan this afternoon.
Don't buy the "World awash with wheat line"
View attachment 1046126
View attachment 1046123View attachment 1046124.
Most grain producing areas of central prairies are running as much as month late with seeding, and plenty of waterlogging still evident, quite a bit won't be planted at all,and early frosts at harvest would be very damaging to such late crops.
Not too much optimism evident yet.

Whats the current situation with the Canola crop?
 
Tbf although its wrong russia is stealing grain at least somebody somewhere is getting supplied and will be one less customer later on.
Well that’s one theory yes.
Another problem is because Russia is stealing Ukrainian grain the Ukrainian farmers in some cases have decapitated their harvesting equipment so crops can’t be won.
That’s what is still in the ground not though not what’s in the ports
 

lloyd

Member
Location
Herefordshire
They have though

At its peak;
India banned exports but then subsequently carried on exporting.
Ukrainian wheat was not accessible at all, but then is in various round about ways but no where near enough to bring prices right down.
We weren’t gonna make it to harvest with out running out, and we have.

Like them over loath them the money men managing big funds drove the wheat market way past where it would have naturally gone. They have lost interest for now due to a lack of fresh bullish news and so have sold out of their positions. Will they be back to drive it up again, possibly, could they over sell it on the downside, more than likely. Was the market over cooked at its peak, probably. They do however give fluidity to a market, they enabled people to sell at prices far above where mills were prepared to pay, so for those that did well done.

The interesting time will be May onwards next year, as tight stcks should be even tighter, will Ukraine exports be sorted by then, maybe, but not like they would have been normally.

Nothing goes up for ever or down forever.

by falling it may tighten the job more as it gives end users an opportunity to buy at levels they can make money at.

C B
Harvest pressure but of course the UK wheat harvest isn't in the shed
yet .Can you tell me the weather in the second part of July early August
please?
 

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HSENI names new farm safety champions

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Written by William Kellett from Agriland

Farm-safety-640x360.png
The Health and Safety Executive for Northern Ireland (HSENI) alongside the Farm Safety Partnership (FSP), has named new farm safety champions and commended the outstanding work on farm safety that has been carried out in the farming community in the last 20 years.

Two of these champions are Malcom Downey, retired principal inspector for the Agri/Food team in HSENI and Harry Sinclair, current chair of the Farm Safety Partnership and former president of the Ulster Farmers’ Union (UFU).

Improving farm safety is the key aim of HSENI’s and the FSP’s work and...
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