- Location
- Huntingdon
Plenty of people were offered it but turned it down for the hope of £400, but no mills were buying at that to my knowledge, yet could be traded against the futures.
C B
Combinables Price Tracker
- Thread starter Jerry
- Start date
C B
- Location
- Shropshire
Actually, I think many of us have called it out repeatedly for being the bullmuck that it is.
It’s why most farmers don’t do options, paper trading etc.
having said that, like you say, it can be very useful at times.
- Location
- Huntingdon
Market forces in action, same with AN vs Urea,£350.00 was unsustainable too. Shrunk the market massively.
AN too dear not enough supply, forcing people into urea where there is supply.
c b
I only trade physical , that's enough for me
- Location
- Huntingdon
You could, you ring up merchant, sell physical to them they cover against futures. Like any other sale you would make
I know , they wanted £40 a ton for their trouble ,You could, you ring up merchant, sell physical to them they cover against futures. Like any other sale you would make
- Location
- Lincolnshire
This idea that "the market" is some kind of sentient thing is total cack.
I got some close to £350. Obviously, the wheat doesnt currently exist, nor does may 2023. So "the market" has a purpose. You can have opinions on speculation, but a quick check on how much currency trading is done to facilitate trsde Vs financial gambling may make you cry.
I got some close to £350. Obviously, the wheat doesnt currently exist, nor does may 2023. So "the market" has a purpose. You can have opinions on speculation, but a quick check on how much currency trading is done to facilitate trsde Vs financial gambling may make you cry.
- Location
- Huntingdon
Maybe some merchants were struggling with margin calls, I know some were, best price I saw physical trade at was £340 when futures were £354.
4course
Member
- Location
- north yorks
managed one load of fw over £10g but the lorry was well up to weight, but it was sure as hell better than less than £2000 not so long ago despite the increase in costs
Without liquidity we would adapt and survive, just need to be better marketeers, the same buyers will exist and the same sellers will exist. I dont like this idea we need them
Devil's advocate
Member
- Location
- Posh side of Barnsley
I'd like to get physical with you Bob.
But I agree with you I'm a farmer not a city trader. More storage is looking a very good investment. I could use my potato store short term, but a bit nervous about that.
Always does at harvest time.
Chae1
Member
- Location
- Aberdeenshire
Like fert prices
Thats only going 1 way although talking to a wagon driver at mart today who had driven past cf at billingham and said theres loads of blue bags stacked up
- Location
- Lincolnshire
Over-sold yesterday.
sold a lot at lunchtime, hence the market rose!!
- Location
- Lincolnshire
Few worldwide crop jitters - ten days ago USA too dry, then a spot of rain, now dry again.