Combinables Price Tracker

goodevans

Member
I've just gone back a year and read comments all very interesting one way or the other
Which page number save me trawling through loads please,a good few years ago we had a little group of us that met up in the local and predicted forward prices 1 year on ( livestock and cereals) and had a tote on the nearest ,quite a variation in predictions and made a good night out,shame we didnt keep it up
 

Renaultman

Member
Arable Farmer
Location
Darlington
Which page number save me trawling through loads please,a good few years ago we had a little group of us that met up in the local and predicted forward prices 1 year on ( livestock and cereals) and had a tote on the nearest ,quite a variation in predictions and made a good night out,shame we didnt keep it up
Good idea.
 

Billboy1

Member
Which page number save me trawling through loads please,a good few years ago we had a little group of us that met up in the local and predicted forward prices 1 year on ( livestock and cereals) and had a tote on the nearest ,quite a variation in predictions and made a good night out,shame we didnt keep it up
Around 700
 
well may 22 up another £3 to 227 and nov 22 up £4.80 to 199 today

not exactly filled with regret here at the moment !

I still think Nov 22 is at least 20 undervalued, look at similar positions for Chicago / Paris etc and keep in mind this will be the harvest that is restricted by these high N prices / availability

Not so sure on Nov 22, I hear corn into the Uk is £190 so makes our feed wheat look expensive for new crop!
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
Back in 2007/8 we had a 100 rise over the course of a season
By 2009 wheat back down

there were predictions then that this was the new norm

there are no certainties other than the price will fall and rise based on the size of harvests

no certainty but re 2022 harvest the N issue has got t be a factor in cutting global production surely ?

such an essential input can not triple in cost without dragging the market with it ?

£200 for nov 22 is too cheap as that when will be grown with N worth £700 /t


way things are going I might make more ££ out of paper wheat this year than growing the dam stuff !
 

Jim75

Member
Mixed Farmer
Location
Easter ross
no certainty but re 2022 harvest the N issue has got t be a factor in cutting global production surely ?

such an essential input can not triple in cost without dragging the market with it ?

£200 for nov 22 is too cheap as that when will be grown with N worth £700 /t


way things are going I might make more ££ out of paper wheat this year than growing the dam stuff !
For those that have bought at or near the top probably but what about those who were in early then it’ll be worth pushing it.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
Australia harvest is looking good - first bearish news in a while ....... but Australia is a Long way away and freight s vey expensive so this may not make the difference it could

crazy markets though recently, growing this stuff is easy compared to selling it at the right moment that's for sure !
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
For those that have bought at or near the top probably but what about those who were in early then it’ll be worth pushing it.

what you paid for it is of no relevance - today its worth £700/t. MOIC should be based on value not what you paid

not just a price issue either, supply is limited, this will influence how much is applied ...... I'm talking globally here not just the UK. I believe India tendered for 5 mill tonnes but were only able to buy 750k t of urea recently ...... the stuff just doesn't exist
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
What happens though if there is a slight downturn and a big sell off? There are no export boats and U.K. mills particularly for feed could be well booked up forward. It’s alright saying feed wheat is £220 per tonne but if you can’t actually shift it for months, the price is a bit academic.
 

4course

Member
Location
north yorks
futures as of this minute are 230 for next may and 200 for nov be interesting to see if they go and hold above what is a trigger figure even though our i(n a roundabout way) employees at the ahdb are now talking it down due to australia harvesting
 

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