Combinables Price Tracker

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
What I can’t quite understand is if everybody holds out till May for example then how do the physical movement logistics work?
Already this year, with no significant export boats, any feed wheat I have sold has been in a queue of up to 2 months to get into U.K. feed mills and 3 months into flour mills who obviously can’t take delivery of a huge amount of withheld grain at the end of the season. So, whilst the theoretical price might be high, it’s only really worth something if somebody can actually take delivery of it, no?
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
What I can’t quite understand is if everybody holds out till May for example then how do the physical movement logistics work?
Already this year, with no significant export boats, any feed wheat I have sold has been in a queue of up to 2 months to get into U.K. feed mills and 3 months into flour mills who obviously can’t take delivery of a huge amount of withheld grain at the end of the season. So, whilst the theoretical price might be high, it’s only really worth something if somebody can actually take delivery of it, no?

I sell ex-woldgrain for me. I file the logistics in the "nomfup" box.
 

Hindsight

Member
Location
Lincolnshire
What I can’t quite understand is if everybody holds out till May for example then how do the physical movement logistics work?
Already this year, with no significant export boats, any feed wheat I have sold has been in a queue of up to 2 months to get into U.K. feed mills and 3 months into flour mills who obviously can’t take delivery of a huge amount of withheld grain at the end of the season. So, whilst the theoretical price might be high, it’s only really worth something if somebody can actually take delivery of it, no?

If everyone holds out for the bitter end and there is a physical demand which cannot be met as regardless of price sellers will not sell physical grain buyers will find physical grain from somewhere - ie imports will begin and if the buyers fear that no price whatever will encourage UK sellers to sell then buyers will take cover of several million tonnes to carry through to next harvest, if they can find an exporter prepared to export. Is that not the market at work. At moment the price is rising to find a level at which sellers will sell physical grain. Fun to watch. Not that I am involved - am just a voyeur Dr W!!!
 

B'o'B

Member
Arable Farmer
Location
Rutland
If everyone holds out for the bitter end and there is a physical demand which cannot be met as regardless of price sellers will not sell physical grain buyers will find physical grain from somewhere - ie imports will begin and if the buyers fear that no price whatever will encourage UK sellers to sell then buyers will take cover of several million tonnes to carry through to next harvest, if they can find an exporter prepared to export. Is that not the market at work. At moment the price is rising to find a level at which sellers will sell physical grain. Fun to watch. Not that I am involved - am just a voyoeur.
Shipping cost issues and tightness in supply from other exporter nations are currently challenging buyers usual back up plans. I will still be selling a bit here and a bit there of my remaining tonnage.
 

Goffer

Member
Mixed Farmer
Location
Yorkshire
What I can’t quite understand is if everybody holds out till May for example then how do the physical movement logistics work?
Already this year, with no significant export boats, any feed wheat I have sold has been in a queue of up to 2 months to get into U.K. feed mills and 3 months into flour mills who obviously can’t take delivery of a huge amount of withheld grain at the end of the season. So, whilst the theoretical price might be high, it’s only really worth something if somebody can actually take delivery of it, no?
Don't worry there's plenty of wheat sold post Xmas sub £200/t . We've 150t 🙈
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
Well I made some forward sales that seemed good at the time but now look bad. My average will be well below 200. At the time all I kept hearing was there is plenty of wheat in the world ….. and suddenly there wasn’t.
 

Latest Poll on TFF

  • Yes

    Votes: 23 15.4%
  • No

    Votes: 126 84.6%

JCB launches Fastrac ‘iCon’

  • 194
  • 0
Written by Charlotte Cunningham from CPM Magazine

JCB has launched new Fastrac 4000 and 8000 Series tractors with an all-new electronics infrastructure which is claimed to deliver higher levels of performance. According to JCB, the new Fastrac iCon operator environment has three key features: iConfigure – creating a bespoke control experience for every operator iConnect – integrating advanced precision agriculture technology iControl – redefining operation through new driveline software The 175hp to 348hp (133kW to 260kW) Fastracs feature the new iCon armrest console and touch-screen display to provide flexibility in operator allocation and operator information, as well as a new transmission control strategy to enhance operator comfort and powertrain efficiency, says the manufacturer...
Top