India has stopped selling some of the drugs it produces for export too, fairly obvious that this was going to happen. Keep stock for their own people.Just read on reuters that country’s are starting to stop the selling of wheat and other commodities to help feed their own people! Russia and the Ukraine are mentioned along with some other big producers so where our prices goes is anyone guess
Hope Plod didn't see the Lettuce Planter working!! Be beating a path that field to enforce social distancing.
The danger this last 3 years has been to buy into the argument put about by merchants, that the world will be awash with spring barley and thus feed barley will be £70/ton.Feed barley £134 November 2020
+1The danger this last 3 years has been to buy into the argument put about by merchants, that the world will be awash with spring barley and thus feed barley will be £70/ton.
I fell for it twice, and then twice loaded barley at below subsequent Oct spot price.
This is a year without precedent, quite simply almost anything can happen.
At £140 plus it might be attractive to have a first sale chalked up?
fortune favours the brave (sometimes). i’m already a lot better off had I sold at harvest. i’ve sold within 5% of the top for 6 years straight now apart from last year when I was 10% off (brexit really confused me !). We work with a very good trader who seems to never be too far out with his advice and I spend a lot of time researching what’s actually going on around the world to sense check his thinking
i’ts not just hope, it’s a considered view of the current situation, not always right but best thinking in the day we make a call is all you can sleep at night with
h19 sales to date are all osr £340 plus bonuses
x10 loads of E wheat at £190-195 sold in jan for april (loading next few weeks).
long way to go yet !!
nothing sold for h20 at all apart from a linseed contract
Where are you that you were offered wheat in mid 170's? And which month.
Have taken some cover for h20
Feed Barley at 140 + looks a decent shout
Some wheat at mid 170s..
If that's the cheapest we sell I shall be delighted...
I enjoy the thoughts and strategies of folk on this thread...