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.
 

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AHDB planting and variety survey

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The AHDB Planting and Variety Survey provides the earliest view of the planted area for the upcoming harvest in the United Kingdom (UK).​


Complete the Planting and Variety Survey

The survey will estimate the area of cereals and oilseed rape intended for harvest in 2022 in the UK. It aims to assess the varietal composition of wheat, barley, oats and oilseed rape crops in the UK. The results of this survey will allow the industry to quantify domestic production, at a time when food security is more important than ever.
The information can be used to shape the domestic market and trade and assist levy payers in their marketing decisions. It will detail regional differences of cropping across the UK, which will help...
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