Combinables Price Tracker

[4course]

How many TFF members sold all their wheat at the top of the market? None, I’ll bet. £180 average here.

presume some was sold before you took command

 

[texelburger]

How many TFF members sold all their wheat at the top of the market? None, I’ll bet. £180 average here.

Well I decided to stick it out ,first sale £200 forward sold forJune movement.Sold tonnages at £205,210 and 215 ,again June movement.135 tons still to sell,turned down 208,forJune,last Thursday evening,have I done the right thing ?.I must say there are years when I have got it wrong and I'm lucky that it's my own wheat so answerable to no one.
My average,2020 harvest,would be about £208 for feed wheat.Ive been lucky,I know,but I just don't understand people committing wheat ,in pools,to their buyers.Its obvious what the buyers are going to do if they're a little short at certain times.
Again ,I admit,I've been lucky.All sales through a local merchant and we are fortunate to have a large mill,circa 1000 tons/day, about 14 miles away.
My problems arise when I don't sell and wheat declines,in value,all season.

 

[Brisel]

Well I decided to stick it out ,first sale £200 forward sold forJune movement.Sold tonnages at £205,210 and 215 ,again June movement.135 tons still to sell,turned down 208,forJune,last Thursday evening,have I done the right thing ?.I must say there are years when I have got it wrong and I'm lucky that it's my own wheat so answerable to no one.
My average,2020 harvest,would be about £208 for feed wheat.Ive been lucky,I know,but I just don't understand people committing wheat ,in pools,to their buyers.Its obvious what the buyers are going to do if they're a little short at certain times.
Again ,I admit,I've been lucky.All sales through a local merchant and we are fortunate to have a large mill,circa 1000 tons/day, about 14 miles away.
My problems arise when I don't sell and wheat declines,in value,all season.

You’re a long holder which works well in a rising market. Well done - I’ll buy you a beer if & when we meet. In a falling market you can do the same for me

 

[David.]

Feed wheat £184 and £209 here all gone, 1:2 ratio.
Managed to fork barley marketing though. Probably av £145.
Still got 2019 oats in store.

 

[Surgery]

The trade keep telling me milling wheat is not wanted , I recon another week of this weather and it will bring the merchants out forward buying wheat in their stores for next seasons bread etc after having a drive around.

 

[texelburger]

You’re a long holder which works well in a rising market. Well done - I’ll buy you a beer if & when we meet. In a falling market you can do the same for me

I promise I will,a pint of our local Butty Bach,pure nectar.You're right im a long holder and the market has been kind to me this season.I could tell you about my disasters, but won't,in case my neighbours have sussed out who I am

 

[Brisel]

presume some was sold before you took command

Yes. I’ve not changed the strategy as the previous averages were good and we’ve got fairly good advice from the merchant we work with. In November 2020 we were looking at tariffs and a No Deal scenario. The marketing strategy was driven by that.

How times change.

 

[Flat 10]

Only managed 1 load of ww in the 200s. Average more like 175. Barley averaged only 140ish as a lot had to be moved at harvest. My forward sales for next harvest are currently not looking great and neither are the crops if we don’t get rain soon it will be really bad. Dunces hat for me. At least I fudged it up by myself without any help from a pool trader.

 

[DeeGee]

Only managed 1 load of ww in the 200s. Average more like 175. Barley averaged only 140ish as a lot had to be moved at harvest. My forward sales for next harvest are currently not looking great and neither are the crops if we don’t get rain soon it will be really bad. Dunces hat for me. At least I fudged it up by myself without any help from a pool trader.

A very wise and successful farmer once told me, ‘if half the decisions you have to make in farming turn out to be right you are doing bloody well’.

 

[Clive]

How many TFF members sold all their wheat at the top of the market? None, I’ll bet. £180 average here.

all sold now - averaged well over £200 - last lot went at 213 feed IIRC lowest sold was £188 back in October i think. Milling is over £230

............ just a pitty we didn’t have half as much to sell as usual so not a year to get excited about , more damage limitation

Nothing sold for h21 yet

 

[Renaultman]

How many TFF members sold all their wheat at the top of the market? None, I’ll bet. £180 average here.

I'll probably be similar, still got a little bit left.

 

[Chae1]

Away again today! Feed barley £175/t now. Think they are running out.

 

[Grim Reaper]

Away again today! Feed barley £175/t now. Think they are running out.

i got a text offering £165 this morning, which I declined.

 

[Chae1]

i got a text offering £165 this morning, which I declined.

The ring was paying more than that last week. I sold a load at £167.

I'm holding it out for £180/t for last load. Which means it will no doubt drop in price!

 

[Badshot]

Just been told feed wheat £185 for October.
Seems quite a jump from last week.

 

[Jerry]

How many TFF members sold all their wheat at the top of the market? None, I’ll bet. £180 average here.

£203 average here...

Just shame the yield was sh1t

 

[jackrussell101]

 

[Northdowns Martin]

Just been told feed wheat £185 for October.
Seems quite a jump from last week.

that must be a futures price not ex farm

 

[Brisel]

Futures price = ex farm up here.

 

[Surgery]

So what’s been offered by the trade today?