Combinables Price Tracker

[Happy]

How many times has wheat price gone up to decent levels and people think the forward price is too low for it then to collapse way below what you could have got?
If wheat gets to £250 and Nov 22 gets to £220 I’ll be temped to dip my toes in at that, I mean when was it last there? There’s plenty on here sold at £150/160 surely they are selling forward already?
I’m all sold milling oats, 60% barley sold, no wheat sold

Probably this time of year 2007.
By November 2008 was back at little over £100.
At current fert prices will definitely be doing a bit if Nov 22 gets to £220.

 

[lloyd]

From the south coast by boat?
the rest of the world costs more and ships are all in use

Exactly.
Back in 2012 a useful character from that
firm told me how easy it was for them to import
and I'd have to get used to it .

 

[teslacoils]

Bet it's not as fing easy now.

 

[Doom and gloom]

Just finishing my elms application

 

[yellow belly]

Exactly.
Back in 2012 a useful character from that
firm told me how easy it was for them to import
and I'd have to get used to it .

Since 2012 the demand has grown
e10 in the uk and higher usage overseas
70 million more mouths per year
China and India are now richer and want better food ( more meat ect )
2012 was a uk weather problem we now have weather problems every month
too much rain in north western North America and Australia
drought in Ukraine export restrictions Russia
the transport cost of importing a tonne is now 3 times what it cost 10 years ago

 

[yellow belly]

Just finishing my elms application

What percentage of croppable land are you taking out of production

 

[Nitrams]

it's amazing how some greed-driven stupidity of a few potato farmers in the 70's is still the stuff of farming legend some 50 years later !

if you don't use futures like you would a punt ion a horse they can actually reduce your risk,

less risk in my paper positions than in the pile sin my stores which was both risky to grow and risky to keep

Everything we do as business owners has risk - if I wanted a risk-free life I would get a PAYE job with my local council! and certainly never go planting seeds in soil with hope I might get more back than I spend trying

Not

what if the wheat in your stores drops £20 ? it’s a lottery is it not ?

whet if rain / drought or pest mean you never even get to store - an even bigger lottery is it not ?

who takes the bigger risks ? farmer or trader ?

Basically what clive is saying is you are better off operating in the land of make beleive to get equally as rich or poor as you are now, except you dont have to do anything except a few phone calls or click a few icons....Sad job really but he makes a good point....anyway im off to do some more spraying

 

[B'o'B]

£236/t feed wheat for December. Did 3 loads.

 

[Wilberforce]

Feed Wheat. May 22. £250/ton/ex farm.

 

[Doom and gloom]

What percentage of croppable land are you taking out of production

What percentage of croppable land are you taking out of production

As much as possible with crops at this price

 

[teslacoils]

Feed Wheat. May 22. £250/ton/ex farm.

Delivered?

 

[Wilberforce]

Delivered?

Ex farm

 

[Clive]

Ex farm

well done - proper price that

 

[Wilberforce]

well done - proper price that

Graindex job.

 

[Against_the_grain]

In a year like this where people could be short and are needing to fill an order graindex could really pay off imo.

 

[Sprog]

Sold one load of uncollected seed wheat (15.5%) for £237, December collection, which is considerably more than received for the seed wheat collected!

 

[Cambridgeshire]

All wheat is good money now, I may well just empty the sheds!

 

[teslacoils]

Frontier app won't give me a price ex store, or dld vivergo, or for 10.7/74/180 hards.

It says £242.50 for may which sounds a bit crap.

 

[4course]

well I sold a couple of load yesterday and only a few hours later /today could have got an extra quid or two but its going next week and will be in the bank over new year just a tad shy of £7000/load ,that was my target a few weeks ago now to review reckon high 240 s is possible sooner rather than later for another couple so will hold and take the chance of being wrong . Its a whole lot better than the 155 I budgeted / hoped for when sowing the crop 15 months ago

 

[Woody j]

Feed wheat £250 ex co down