Combinables Price Tracker

[Secret Agronomist]

OK, given that I always start selling wheat before I sow it as risk management, my average for wheat this year could be 192 (if I sell the remainder for 230! ) Only got 200t to go. Still got 300t of feed barley so what's the thinking on that? So far highest wheat price was 216 and barley was 196. Is there a point when barley falls out of favour or will it keep tracking, can stock be fed at that price? Or do alternatives take over? Still got rye to sell as well which is always a punt and is harvested largely unpriced (50% of winter cereal area) so thats another reason to sell up the wheat and barley as there is still a lot of tonnage with price risk to go. Plus we grow a lot of spuds and I've got enough excitement in my life

 

[Bossfarmer]

OK, given that I always start selling wheat before I sow it as risk management, my average for wheat this year could be 192 (if I sell the remainder for 230! ) Only got 200t to go. Still got 300t of feed barley so what's the thinking on that? So far highest wheat price was 216 and barley was 196. Is there a point when barley falls out of favour or will it keep tracking, can stock be fed at that price? Or do alternatives take over? Still got rye to sell as well which is always a punt and is harvested largely unpriced (50% of winter cereal area) so thats another reason to sell up the wheat and barley as there is still a lot of tonnage with price risk to go. Plus we grow a lot of spuds and I've got enough excitement in my life

Interesting points, im not sure whether to put more wheat in as feed barleys getting close to 200 now and uses less spray/fert and diesel at drying, at the same time wheat could be seen as more likely to hold its value feed barley could drop away back to 150? Only advantage is i can spread fresh muck in front of plough in spring to help sb

 

[Worsall]

OK, given that I always start selling wheat before I sow it as risk management, my average for wheat this year could be 192 (if I sell the remainder for 230! ) Only got 200t to go. Still got 300t of feed barley so what's the thinking on that? So far highest wheat price was 216 and barley was 196. Is there a point when barley falls out of favour or will it keep tracking, can stock be fed at that price? Or do alternatives take over? Still got rye to sell as well which is always a punt and is harvested largely unpriced (50% of winter cereal area) so thats another reason to sell up the wheat and barley as there is still a lot of tonnage with price risk to go. Plus we grow a lot of spuds and I've got enough excitement in my life

Think you have sold well so far, many have sold at 150 to 170 forward for wheat. If you have 500t wheat and barley to still price, just work out what an extra £20/t above these levels would net you after tax at 40%. If a long term higher rate tax payer, is an extra £6k worth the risk of prices dropping and tying up your £100K of asset?

 

[chaffcutter]

Don’t let tax ever stop you from making as much as possible- you won’t ever pay more than 40% of what you make extra

 

[teslacoils]

Don’t let tax ever stop you from making as much as possible- you won’t ever pay more than 40% of what you make extra

1) make dosh
2) pay tax
3) spend money on stuff you want rather than more tractors you don't need.

 

[teslacoils]

Ooooh £221 ex may.

 

[Clive]

1) make dosh
2) pay tax
3) spend money on stuff you want rather than more tractors you don't need.

or if you are google, Amazon, Microsoft etc

1) make dosh
2) redirect it to tax haven of choice
3) build rocket, go to mars

 

[teslacoils]

or if you are google, Amazon, Microsoft etc

1) make dosh
2) redirect it to tax haven of choice
3) build rocket, go to mars

Make dosh. Cayman company bills you for licensing rights for own name. Dosh filtered to lower tax area. Cayman company loans you back money and never gets it repaid.

 

[Nitrams]

or if you are google, Amazon, Microsoft etc

1) make dosh
2) redirect it to tax haven of choice
3) build rocket, go to mars

How are you getting on with your rocket?

 

[Clive]

How are you getting on with your rocket?

November 5th is as close as I’m getting

 

[Nitrams]

November 5th is as close as I’m getting

Will be helluva display

 

[Zan]

As much as I think the world price will keep climbing…..I’ve fixed some feed this morning as I’m now getting told a lot of the feed mills are pushing stuff back as the chicken job is cutting back due to staffing issues? It’s all very well saying the price is £240 but if there’s no physical market surely it’s not guna happen?

 

[Baling Hay]

As much as I think the world price will keep climbing…..I’ve fixed some feed this morning as I’m now getting told a lot of the feed mills are pushing stuff back as the chicken job is cutting back due to staffing issues? It’s all very well saying the price is £240 but if there’s no physical market surely it’s not guna happen?

Meanwhile Vivergo starting up in January sucking up 90kt of wheat per month......wouldn't worry too much

 

[Bossfarmer]

Meanwhile Vivergo starting up in January sucking up 90kt of wheat per month......wouldn't worry too much

whos vivergo?

 

[Full of bull(s)]

What price is feed oats at the minute not full wagon loads but part loads

Just bought a twenty tonne load @ £149 delivered in tipped if that helps, North Yorkshire

 

[Baling Hay]

whos vivergo?

Vivergo Fuels site in Hull set to re-open, as Department for Transport mandate E10 fuel from September | Vivergo Fuels

We are pleased to confirm the Vivergo Fuels site in Hull will be re-opening following an announcement by the Department for Transport that E10 petrol – a cleaner, greener fuel – will be introduced at pumps up and down the country from September. Established in 2012, the site was, at the time...

vivergofuels.com

 

[Bossfarmer]

Vivergo Fuels site in Hull set to re-open, as Department for Transport mandate E10 fuel from September | Vivergo Fuels

We are pleased to confirm the Vivergo Fuels site in Hull will be re-opening following an announcement by the Department for Transport that E10 petrol – a cleaner, greener fuel – will be introduced at pumps up and down the country from September. Established in 2012, the site was, at the time...

vivergofuels.com

this is major, why are there not more people talking about this?

 

[farenheit]

this is major, why are there not more people talking about this?

We were back in February when it was published!

 

[Grass And Grain]

this is major, why are there not more people talking about this?

They bought quite a lot earlier in year when price was lower. Makes no difference now though, still means that volume will be loaded out of stores.

 

[teslacoils]

this is major, why are there not more people talking about this?

It's been factored in. Feed wheat ex price near hull is pretty much futures prices so a nice place to send wheat.