Combinables Price Tracker

Clive

Staff Member
NFFN Member
Location
Lichfield
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some current option prices


seem like fairly cheap insurance against downside ?
 

Condi

Member
View attachment 620800

some current option prices


seem like fairly cheap insurance against downside ?

Notice they are also only indicative price - you couldnt necessarily ring up and trade them at that money. Its a theoretical value, and you could bid and get an offer at £1/t more - then up to you if you buy them at the quid more or not. You would also be subject to paying brokerage if you did trade.

The last May calls I did were £5/t to the farmer I think at £142 strike, which is the cost over the ring plus £1/t commission, so not that much more than it would cost the farmer direct with a broker. For that we are paying for the options on the day, managing the futures if they want to trade in and out (including any margin calls), sorting out the paperwork, and paying the brokerage with the futures broker. Not much to charge I dont think for the service.
 

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Man fined £300 for bonfire-related waste offences

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Written by William Kellett from Agriland

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A man has pleaded guilty at Newtownards Magistrates’ Court to waste offences relating to a bonfire next to the electrical sub-station on the Circular Road in Newtownards, Co. Down.

Gareth Gill (51) of Abbot’s Walk, Newtownards pleaded guilty to two charges under the Waste and Contaminated Land (Northern Ireland) Order 1997, for which he was fined £150 each and ordered to pay a £15 offender’s levy

On June 25, 2018, PSNI officers went to Gill’s yard, where they found a large amount of waste consisting of scrap wood, pallets, carpet and underlay.

Discussion with Northern Ireland Environment Agency (NIEA) officers confirmed the site...
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