Combinables Price Tracker

[westwood]

Been offered £12 premium over base for group 3 milling for Oct movement. Any thoughts as if it might be better later on?

 

[Condi]

First time I have sold OSR this side of christmas for year - good move or not ?

Depends on where the FX goes. That £338 will be inc bonus's I presume? So... £310-315ex as a base price.

Nearly £20/t of the downward move since end Aug has been due to currency strength, the futures market itself has done very little.

 

[Flat 10]

Been offered £12 premium over base for group 3 milling for Oct movement. Any thoughts as if it might be better later on?

Did some at that but had already fixed the base price earlier in the year.

 

[Bramble]

Offered £154 for Crusoe, Nov movement

 

[Andrew K]

157 Sep

Glencore seeking beans for HC . Good prices.

 

[Brisel]

Robin Appel haven't sampled many fit for HC around here. Bruchid damage & staining.

 

[Renaultman]

Not sure if that will happen but bodes well for next years contracts if they are not awash with the stuff this harvest.
Quality does seem to be suffering now. Heard of someone with 300t in the shed. First load scraped in on a germination retest yesterday and second one rejected today. Just going to keep sending them in as thinks if he can get them in at £165 he can afford to bring the rejected ones back again for sale as feed later on

Or try them again in the new year when the goal posts might have a bit of a post Christmas hangover

 

[Sonoftheheir]

Offered £154 for Crusoe, Nov movement

Only got £144 for ours this month.

 

[Sonoftheheir]

Well we had 5 loads go at full spec without deductions But Just had two loads rejected for low hagberg £14.25pt deduction.

The first 5 were Crusoe and last two Skyfall.

 

[ZXR17]

What price has been offered for HC beans?

 

[Hampton]

Depends on where the FX goes. That £338 will be inc bonus's I presume? So... £310-315ex as a base price.

Nearly £20/t of the downward move since end Aug has been due to currency strength, the futures market itself has done very little.

Sold a load to one merchant and they have put it in their own store. They are taking the punt that it is going to be expensive next spring.
Normally it goes straight for crushing from our area this time of year.

 

[Grain Buyer]

no Liverpool fixings........they aren't punting the market!

 

[Warp Land Farmer]

no Liverpool fixings........they aren't punting the market!

What's your call on OSR, sell at current £305 or hold until spring?

 

[Clive]

Sold a load to one merchant and they have put it in their own store. They are taking the punt that it is going to be expensive next spring.
Normally it goes straight for crushing from our area this time of year.

Merchants don't speculate (so they say)

 

[turbo]

What's your call on OSR, sell at current £305 or hold until spring?

Got £310 today move in 2 weeks

 

[Billboy1]

Put my in a merchants store which is looking like a school boy error at the moment [emoji35]

 

[Condi]

Merchants don't speculate (so they say)

Who says that? They take a view on the market and take a position. Its unusual to buy OSR priced and put it in store, because you have to pay for it now, and only get paid when you come to move it in a few months time. Much cheaper to buy paper or ex farm for future months, no cash up front to finance.

Its not exactly speculation, its a managed risk.

The mills were held by the market last year and had to pay up until Aussie imports arrived in January, it looks to me like they've taken some early cover to avoid the same again.

 

[Hampton]

no Liverpool fixings........they aren't punting the market!

I've no idea, apart from where it went and then what the merchant told me when I asked them.
It was one of the big merchants if that helps

 

[Chae1]

With North Korea claiming the US has declared war on them, what affect would it have on futures prices if anything did happen?

 

[Neddy flanders]

Would you buy futures if there is to be no future?