Combinables Price Tracker

Discussion in 'Cropping' started by Jerry, Feb 14, 2013.

  1. Hindsight

    Hindsight Member

    Location:
    Lincolnshire
    Thought that link might cheer you up a tad! Only time will tell and hindsight! In meantime best of luck.
     
    Clive likes this.
  2. Brisel

    Brisel Member

    Location:
    Dorset
    Don't forget that for the moment, we're still a very small part of a very big global market with Chicago leading the prices. LIFFE is the same except for currency fluctuations. I've sold most of my 2018 harvest on the back of a weak £, not knowing which way the currency will go on deal or no deal. It has been at values I've turned a profit on. The size of the 2018 harvest will only make a small difference to the price if we are no longer part of that global market. Even then, the tariff is only €17/t. Good luck with your long position.
     
  3. Clive

    Clive Staff Member

    Location:
    Lichfield
    Don’t fall for the global market hype

    Lower yield Uk years always seem to be better priced to me

    It’s a factor of course but there is a local effect - stuff doesnt move around the world for free, And then there is currency ......... and brexit
     
    David., Flat 10 and bert like this.
  4. Brisel

    Brisel Member

    Location:
    Dorset
    The difference between import parity & export parity is around £10/t. Yes, you'll get a wider spread when ocean freight rates are higher but it costs the same per tonne to get a 50,000t boat across the Atlantic in 4 days as it does to get a 29t artic 4 hours up the road. My malting barley is currently going 4 hours to Norfolk to be malted then another few hours to the brewery. If it was low enough in N it would be heading up to Scotland for whisky. The east/west spread is over £10/t i.e a West country feed mill has to pay at least £10/t more than one in Cambs. That's why there aren't many registered LIFFE futures stores in the west.

    Where is the 2mmt of wheat no longer required by the ethanol plants going? That's 12% of the UK harvest demand gone. It's starting to look like it didn't exist in the first place. Interesting times. (y)
     
    Clive likes this.
  5. average farmer

    Location:
    North Notts
    Anyone know what the usda report had to say today ?
     
    Chae1 likes this.
  6. Farmer T

    Farmer T Member

    Location:
    East Midlands
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    Less soybeans than expected, and slightly lower wheat. However lots of corn to balance it out (even though it’s all in China somewhere).

    Lower wheat plantings and they’ve trimmed the soy bean predictions.
     
    average farmer and Clive like this.
  7. silverfox

    silverfox Member

    Offered £148 feed wheat for Oct 19. Today.
     
  8. bobk

    bobk Member

    Location:
    stafford
    Not biting at that ....are you?
     
  9. average farmer

    Location:
    North Notts
    Was offered £155 ex May 20 yesterday, was hoping for £160 for a start of 2019 harvest.

    Was also loading wheat out yesterday sold at £155 , must have been sold 7-8 months ago
     
  10. Flat 10

    Flat 10 Member

    Location:
    Fen Edge
    I've done a bit at that.
     
    bobk likes this.
  11. bobk

    bobk Member

    Location:
    stafford
    I haven't sold last years yet ... :oops:
     
  12. Flat 10

    Flat 10 Member

    Location:
    Fen Edge
    What were you waiting for? Serious question.
     
  13. silverfox

    silverfox Member

    No
     
  14. bobk

    bobk Member

    Location:
    stafford
    Think I've fooked up . :scratchhead:
     
    silverfox likes this.
  15. Flat 10

    Flat 10 Member

    Location:
    Fen Edge
    I do that all the time. Still got a lorry load of feed barley left that was going up nicely..........
    Not so good now.
     
  16. fieldfarmer

    fieldfarmer Member

    I think @Clive is still holding so knowing how well he runs things I think you still may be fine.
     
    Renaultman and Flat 10 like this.
  17. bobk

    bobk Member

    Location:
    stafford
    We could do with another Beast from........
     
    newhollandcruzr likes this.
  18. silverfox

    silverfox Member

    Happens to us all sometimes. Neighbour who keeps telling me he’s a businessman , turned down £218 a few years ago. Sold 12 months later at £140.
    I’m a little and often , averages man .
     
  19. bobk

    bobk Member

    Location:
    stafford
    He's dafter than me .
     
    Clive and fieldfarmer like this.
  20. silverfox

    silverfox Member

    6 weeks time the grain maize will run out, according to the merchant who rang today, so barley may well be needed then.
     
    newhollandcruzr and Chae1 like this.

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