Combinables Price Tracker

Sandy

Member
Location
Aberdeenshire
Won't be much/any oil out of north sea if Coronavirus hits. Do you fancy living in a metalbox with your colleagues for 2 weeks at a time during a highly infectious disease outbreak?

Anyhoo back on topic, whats feed barley trading at in northeast Scotland?
Decent heavy feed barley £120 anything lightish a lot less
 
Unfortunately that is sort of the point of a deflationary crash.......which quickly leads to the next question.

What, if anything, can central banks do about it.

All that European banks can do is print, they have no cushion against tough times being already in recession and many under capitalized hence negative interest rates. This week is going to be very interesting with sharp downturns on many fronts'..........perhaps not a bad time to be holding cash, for sure anyone and his dog will be able to accumulate bargains at a time such as this.
 

PSQ

Member
Arable Farmer
Time to blow the dust off the old picture used by the late Dave 'Nogger' Norris in his grain marketing blog...

1583766067582.png


...which he always used to signify that the grain market was "falling out of bed".
Down another £2.60 today.

This of course begs the question: do we bail out now, or ride this market into the ground?
 

Renaultman

Member
Arable Farmer
Location
Darlington
Time to blow the dust off the old picture used by the late Dave 'Nogger' Norris in his grain marketing blog...

View attachment 862710

...which he always used to signify that the grain market was "falling out of bed".
Down another £2.60 today.

This of course begs the question: do we bail out now, or ride this market into the ground?
I can probably sit till November at least, a long time for something to happen.
 
Ride it out!

Wait for the bounce.

I would concur.
Wheat was resilient yesterday compared with the general carnage; opened down about £4 and clawed half or more of that back.

With stock markets now down typically over 20% from their peaks, there could well be a month or two of consolidation / recovery before whatever happens next.

A massive QE stimulus is (almost) a given.
 

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