It's your turn, I took one for the team this time last year.Look peoples,,,It`s very simple.I have not sold any forward so the price will definately go down. Unless you all want me to sell some forward to guarentee a price rise
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Combinables Price Tracker
- Thread starter Jerry
- Start date
- Location
- north yorks
weve sold the same tonnage as usual on our merchants pool plus a couple of load extra as available harvest just because we took on a another block of land and if good crops will possibly run short of storage, its not in the shed yet and nor is anybody elses. still got 15 months to sell it so will probably follow our tried and tested system of work out what weve got and divide it by 9 to move oct to june with a bit of tweaking
I've tried playing that game too, treating the discussions on Newagtalk like valid 'insider' information (floods, drought, slow planting, ethanol etc etc) , only to find that what sounds like earth shattering trends completely fail to register on this side of the Atlantic, it's almost as if they are talking about a completely different planet. It's a very easy and dangerous to get sucked into making decisions based on a handful of subjective sentiment made half way across the globe, and 'wrong foot' a years worth of grain marketing as a result.
I also took one for the team last year & have done so again. 60 % sold on 2018 harvest before the prices rocketed & currently averaging 45% on 2019 harvest. I'm half right or half wrong!
Bossfarmer
Member
- Location
- between Perth and Inverness
dont lock any in, prices are on the rise again
Chae1
Member
- Location
- Aberdeenshire
I admire your optimism. Wish i shared it.
Hindsight
Member
- Location
- Lincolnshire
I suggest more useful than listening to farmers is reading the USDA state reports. I suspect many on here will say what doe they know, I want to hear it from farmers, same as many slate the AHDB here in UK, but the USDA staff will be more dispassionate about the effects of a dry / wet whatever period and will reference to previous events. Hey ho.
yellow belly
Member
- Location
- south west lincolnshire
They do have a lot of people on the ground in most counties many in each state so have a large sample but most of all the futures market traders use the information from the usda as reliable
a drought take one weekends rain to break but too wet takes time to dry out maize does not do well in cold wet planting conditions
Notill needs dry weather post planting
Holding out here For new crop
Chae1
Member
- Location
- Aberdeenshire
Personally i think the present drought will take a lot more than a wet weekend to break. River and soil moisture levels are still very low here despite 24 hours of a nice steady rain. Yes it will keep the crops going for another few weeks but wouldn't say drought broken in a weekend.
The USDA have an angle too. They correctly realise that their reports move world markets because they have no interest in talking markets up or down. What they don’t want is any shocks, so any fresh information that changes price direction is metered out slowly over 2-3 reports. It removes some of the volatility. The trade analysts will say its rubbish sometimes but the USDA do tend to be right in the longer term.
bosses son
Member
Anybody know price of feed barley at the moment?
£115 in Dorset last week.
bosses son
Member
What? Was £160 a tonne last time I heard.
What for? No malting market outside East Anglia. Where are you?
bosses son
Member
North scotland
Would you mind updating your profile with that please?
Omg..... that's a bloody awful price is that oc or nc
Donkey Oaty
Member
- Location
- Aberdeenshire
I was told £132.00 last week.