Let's see what Teresa says tomorrow
Agreed. By tea time tomorrow the price could be £125 or £160.
But if her speech scuttles the weak pound, I'll be mightily pee'd off...
Let's see what Teresa says tomorrow
Maybe a scare story at the moment, but could become reality if supply ex farm starts to dry up.That was what i was thinking. Yet another merchant scare story.
I thought yields were ok but quality was poor. With a lot of milling wheat being downgraded to feed?The french wheat harvest was a disaster .
http://www.france24.com/en/20160809...-catastrophic-30-year-low-economy-agricultureI thought yields were ok but quality was poor. With a lot of milling wheat being downgraded to feed?
I stand corrected, must have been merchant scaremongering at Harvest, threatening a glut of feed spec wheat coming on to the market so prices were never going to go up.
yeah luckily the feed market was not one we had to play in, most wheat exported was quality feed wheats.Has there been a fair bit of displacement of our traditional feed markets? It has been propping up the malting barley market nicely all season so far,
You don't like the French,do you?They have had what we got in 2012. I wouldn't wish that on anyone (even the French) but it will have changed the market dynamics - they normally produce lots of milling wheat and malting barley.
In our area Cargill hoovered it up for vivergo. Let's hope that continues.yeah luckily the feed market was not one we had to play in, most wheat exported was quality feed wheats.
C B
yeah they still had to compete with quality wheat exports out of Immingham. Don't think Vivergo can run on maize, can only run on wheat, unlike Ensus that can run on maize (think i'v got it the right way round)In our area Cargill hoovered it up for vivergo. Let's hope that continues.
You don't like the French,do you?
Ha! I love the French people - I'm going there next week & am thinking of retiring there in the future. As a nation? No. Not with their current stance on Brexit nor De Gaulle not wanting us in Europe in the first place all those years ago either. They have had their uses - our biggest market for lamb exports & architects of the CAP which has allowed us to farm in the last century Whitehall & Westminster would have sold us down the river decades ago if it wasn't for the French...
Anyway, back on topic, I see the £ is 1.75% stronger on the € today after Theresa May's speech. What has that done to prices?