Combinables Price Tracker

[John Slejpner]

For someone who doesn’t like ethanol trump has just increased the inclusion rate to 15% all year and will remove a lot of corn off the market

Yes he had to throw his voters in the corn-belt a carrot, but it remains to be seen how much if any extra ethanol is required, at current crude / corn prices. The corn growers would rather trump got to grips with the EPA doling out ethanol inclusion waivers to anyone who asks for one on E10. If ethanol is expensive relative to gasoline, this is reflected in pump price of the various grades.

 

[turbo]

Yes he had to throw his voters in the corn-belt a carrot, but it remains to be seen how much if any extra ethanol is required, at current crude / corn prices. The corn growers would rather trump got to grips with the EPA doling out ethanol inclusion waivers to anyone who asks for one on E10. If ethanol is expensive relative to gasoline, this is reflected in pump price of the various grades.

They seemed to very happy about it yesterday when he announced it and I cannot remember what the tonnage was it was going to use but it was substantial,probably @Roger Perry could shed some light on it for us because I cannot remember where I saw it so cannot look back to find it

 

[Chae1]

Market seems to be taking off again anyway.

 

[Green oak]

I’ve forgotten what pushed the market up last year? I’d sold most before November. Obviously I’d like to see the same again. Is it predictions going forward keeping the market flat? Mines not in the shed yet so I’ve not sold anything. I’ve got to the point that nobody knows wants going to happen. I went too the Harlow ag merchants open day last week. And a lady said everything in the world looks good apart from the USA. I thought I better do something. But doesn’t the usa drive the market. Well that’s what I’ve been told on many a phone call. I’m lucky I can cover costs at £20 lower than it is today. So I’ll wait till the new year and see what pans out.

 

[John Slejpner]

I’ve forgotten what pushed the market up last year?

Most all the EU's highest yielding wheat area came in 10-20% below trend, due to heat and drought.

 

[Roger Perry]

They seemed to very happy about it yesterday when he announced it and I cannot remember what the tonnage was it was going to use but it was substantial,probably @Roger Perry could shed some light on it for us because I cannot remember where I saw it so cannot look back to find it

Sorry I do not follow that market. I live too far west to grow corn.
After the attack's on the two tankers today it was welcome proof that the massive production in the USA kept a lid on oil price..........if this happened 10-15 years ago oil price would be over $100 barrel instead of the $2-$3 we see.

 

[Chae1]

Most all the EU's highest yielding wheat area came in 10-20% below trend, due to heat and drought.

Didn't really affect markets long term though? I don't understand why. Markets must have dropped £50 from peak.

We were all getting excited and nobody could see where wheat was coming from as Europe wide drought but it fizzled out.

 

[teslacoils]

Will be interesting to see ending stocks figures from UK and EU.

 

[crazy_bull]

Didn't really affect markets long term though? I don't understand why. Markets must have dropped £50 from peak.

We were all getting excited and nobody could see where wheat was coming from as Europe wide drought but it fizzled out.

Underestimated Russia's wheat production and cheap corn filled the wheat shortfall. Could be a role reversal this year, plenty of wheat but perhaps a shortage of corn?

Still big question as to what killing perhaps as much as half of China's pigs will have on feed demand.

C B

 

[Chae1]

Will be interesting to see ending stocks figures from UK and EU.

When shall we know them?

Our harvest was a disaster last year due to dry weather and light land. I think the majority on TFF had good harvests.

 

[Jerry]

think the majority on TFF had good harvests.

Other end of the country....disaster here last year as well!

 

[John Slejpner]

When shall we know them?

Our harvest was a disaster last year due to dry weather and light land. I think the majority on TFF had good harvests.

I would say rather that the majority of especially dryland clay farmers cut more wheat than they dared hope was there..

 

[Renaultman]

Other end of the country....disaster here last year as well!

Not a disaster but below average here, I doubt many hit their targets last year but a lot were pleasantly surprised, where a lot may be the reverse this year.

 

[Chae1]

Other end of the country....disaster here last year as well!

Looking good this year, so far!

 

[Jerry]

Not a disaster but below average here, I doubt many hit their targets last year but a lot were pleasantly surprised, where a lot may be the reverse this year.

At the moment most crops looking ok here, had 90mm plus in last week that has made a world of difference. Big change to last year is no 30 degrees plus heat.

But soil moisture levels still in deficit and now need a bit of warmth. Wheat in flower, spring barley rapidly heading.

Straw length better which will please the local buyers.

 

[Ladybird]

I wouldn’t believe everything you read on here sadly. I expect most harvests had some good, some bad, and ugly. Us for instance had poor Osr, ok winter Barley, average to ok wheat , horrific spring beans. But prices may have saved a nightmare. I think as farmers were quick to show our best crops but sadly we hide our poorer crops.
Fingers crossed for a stonking harvest for all!

 

[Wombat]

Spring last year caused the most damage, we had some terrific wheat yields but some poor ones from the spring water logging. Balanced to above average though. Price made it a very good year and the lack of a single drying charge at the local store.

This year looks ok at the mo

 

[texelburger]

Just hope this wet weather,during flowering,hasn't induced an explosion of ear blight/ fusarium.

 

[yellow belly]

If it stays dull and wet for 4 weeks there will be no records broken
Last year because of hot weather in June after wet cold spring yields were below average last year
This year will be higher but if light levels are low not much higher

All previous dull wet June’s have resulted in low quality low yields
Even light land either enough rain will not yield without sunshine
Next 25 days critical

Also wet in Europe
In wet areas of the USA wheat is not high quality this will replace some of the lost maize

 

[Rihards]

If it stays dull and wet for 4 weeks there will be no records broken
Last year because of hot weather in June after wet cold spring yields were below average last year
This year will be higher but if light levels are low not much higher

All previous dull wet June’s have resulted in low quality low yields
Even light land either enough rain will not yield without sunshine
Next 25 days critical

Also wet in Europe
In wet areas of the USA wheat is not high quality this will replace some of the lost maize

It is totaly dry in this part of Europe