Just to add my caveat that has served well over time. " Sell it when you've got it in the shed. "
Combinables Price Tracker
- Thread starter Jerry
- Start date
Just to add my caveat that has served well over time. " Sell it when you've got it in the shed. "
Couldn't agree more.... That's probably all ill sell forward
Grains Guru
Member
- Location
- England
Wheat getting smashed to bits tonight. The old crop bull story is well and truly over and new crop corn plantings in the N Hemisphere going to be records and wheat plantings in the S Hemishpere are all going to be up.
Hardly , down £3.95 and we all know it's not what is planted it's what's cut off.
marshbarn
Member
- Location
- shropshire
New crop plantings may be at record levels but inland countries like russia , Ukraine and US need summer rainfall to yield. This time last year was also record plantings in the US and the Vibe was hold onto your hats harvest is going to be huge , Mother nature didn't comply with the biggest drought in recent memory.
It seems to me that this is just fund money moving around and distorting the market .
Grains Guru
Member
- Location
- England
Ofcourse it is what is harvested that matters, in the end, but the markets will trade weather and actual production when we get there - like we did last year. July . At the moment the market is trading planting intentions and the fact that winter wheat crops in Russia, Europe and the U.S are worried about less today than they were 2 or 3 months ago due to adequate precipitation.
Marshbarn - there is no doubt fund money has gone out of AG's and that has not been positive for prices.
Marshbarn - there is no doubt fund money has gone out of AG's and that has not been positive for prices.
- Location
- South Oxfordshire
Where do you get the facts about Northern Hemisphere plantings at record highs?
Forgive me thinking that UK, France,Germany,Russia are all Northern Hemisphere countries, but they are ALL are unlikely to harvest a normal yield, let alone bumper one.
Yes we have all planted more...........osr, then redrilled osr, then redrilled wheat, then redrilled ..........
One week of sun for us, and 2 inches of snow for USA, and suddenly the market takes a tumble.
All TALK, and market makers positioning ready for the truth come June.
What we all need as businessmen, is an accurate position of our exports and imports to gauge the market. I still don't understand why as levy payers we are not privy to real time data, and not archive information or press releases.
Forgive me thinking that UK, France,Germany,Russia are all Northern Hemisphere countries, but they are ALL are unlikely to harvest a normal yield, let alone bumper one.
Yes we have all planted more...........osr, then redrilled osr, then redrilled wheat, then redrilled ..........
One week of sun for us, and 2 inches of snow for USA, and suddenly the market takes a tumble.
All TALK, and market makers positioning ready for the truth come June.
What we all need as businessmen, is an accurate position of our exports and imports to gauge the market. I still don't understand why as levy payers we are not privy to real time data, and not archive information or press releases.
Grain Buyer
Member
- Location
- Omnipresent
bugger all trading on either side of the farm gate, and as there is so little buying demand, prices will drift lower, but due to so little ex farm selling, the market will go up once demand kicks back in. End consumers may have cover, but the market short is now on merchant books. I think the market has dropped too much, and will rebound, then again, I am a humble buyer and not a Guru.
Grains Guru
Member
- Location
- England
Worsall. Maybe you want to read my post again. New crop CORN plantings are at records.
Don't get too hung up on what the UK is or is'nt doing.
Don't get too hung up on what the UK is or is'nt doing.
- Location
- Snodland kent
OSR nearing 400 again not going to be greedy and miss out this time!
Indeed. There is not going to be a deficit in the world next year or the year after.
Will Blackburn
Member
- Location
- Cheshire
That is quite a bold prediction. Don't bet the farm on it!
Steevo
Member
- Location
- Gloucestershire
Wheat prices have slipped quite a few £ this last week. Hope they recover again.
yellow belly
Member
- Location
- south west lincolnshire
england and wales wheat area planted now put at 1.394 million ha down 25%
some more may have been planted since dec 1 but also some will be lost
imho harvest between 9.5 million tonnes and 11 million tonnes of wheat
the weather is not helping the size of the crop
some more may have been planted since dec 1 but also some will be lost
imho harvest between 9.5 million tonnes and 11 million tonnes of wheat
the weather is not helping the size of the crop
Grains Guru
Member
- Location
- England
Agree that the UK harvest is going to be one of the smallest we have seen in living memory due to the poor weather we have had since harvest, but so far (and a lot can still go wrong) the global picture is giving the grain world some comfort and that will drive our price. 13-14 is going to be a really tricky year to market as the home situation looks as bullish as you could make it, yet the international one is giving some comfort (at the moment) and it will be the international situation that drives prices here and around the world.
yellow belly
Member
- Location
- south west lincolnshire
all futures prices down to day due to cyprus /euro situation
the uk prices will be set by the inported cost of grain which is significantly higher than the export price of grain
this will be for the next year
quality premiums/discounts will be related to the quallity of wheat this harvest and the availability of imported feed grains
the uk prices will be set by the inported cost of grain which is significantly higher than the export price of grain
this will be for the next year
quality premiums/discounts will be related to the quallity of wheat this harvest and the availability of imported feed grains
What is the difference between export and import price?
Grains Guru
Member
- Location
- England
2013/14 will see the UK have a higher demand for imported wheat than Spain has. Think about that stat. We have been exporting grain for years to Spain (the EU's largest importer of grain) and now we will have a year when we import more than they do. That is crazy.