Why are prices heading downwards so fast? We must have been the only people to have a drought and terrible crops. At harvest all we heard was the drought was Europe wide including Scandinavia which was badly affected too. Australia has the worst drought in years and a frost knackered all the crops at flowering. Plus i bought all my N at hugely unflated prices based on wheat at £200/t
Anyway rant over!
Forward sold 6 loads of low N malting barley today on a min £175 contract. If the malting mafia decide spot price is above 175 i will get difference. Sold 4 loads at 196 in October, should have done it all.
Seriously bring in palm kernal which has more than likley been grown on ground that’s been deforested , how enviromenatally friendly.I’ve been told that there’s loads of imported Maize undercutting Wheat by £5-8/t and the Pig & Poultry guys will use this instead of wheat.
Barley is used as a fibre source in many rations and the feed compounder can get Palm Kernel instead from dockside at sub £140/t ex the port. Plus the very large acreage of wheat in the ground which looks very good at present. These factors are all driving prices down, along with a stronger pound v Euro, and a potential massive increase in global wheat stocks (assuming no “very major” weather issues somewhere).
Seriously bring in palm kernal which has more than likley been grown on ground that’s been deforested , how enviromenatally friendly.
A trailer load (estimate 12 tonne) of feed oats available in Mid Devon if anyone is looking
What are feed oats worth now? I’m in the market for some if anyone has any?
I'm in a similar boat, my usual suppliers are going plant their surplus rather than buy seed which they tell me is very expensive and not very good germination. Can't find anyone locally with any spare. So their probably not cheap....
All depends on quality I think. I was buying delivered in feed oats for £150, and they were coming where haulage was around £12
£135-£140 if they are low bushel