Combinables Price Tracker

Daniel

Member
Got about 150t of this, it’s all mixed together now as it’s been moved from a temporary store to a permanent one.

Hold till July or cash in?
B70F7E71-1D1D-4FC5-B2E0-0CD518F127B9.jpeg
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
You can't argue against the fundamentals that wheat is tight, and isn't always in the right place, given current frieght costs. Mills were happy to pay £250 for it last month. Didn't see any shoppers going hungry or end users shutting.
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
USDA will drop demand and up supply. By very small quantities. They will revise these the other way in three months.

Osr prices show that it's "tough tits" and when you need it you can pay for it.
 

Steevo

Member
Location
Gloucestershire
Offered £220 soft wheat march today. £183 new crop ww nov I think too.

I may be wrong....but I think that new crop wheat is very undervalued. I can't see wheat prices being lower than they are today given the fertiliser prices today and thus the reduced amount bought/applied. The knock on effects on yields I think will reduce supply of ALL cereals WORLDWIDE.
 

Flat 10

Member
Arable Farmer
Location
Fen Edge
I may be wrong....but I think that new crop wheat is very undervalued. I can't see wheat prices being lower than they are today given the fertiliser prices today and thus the reduced amount bought/applied. The knock on effects on yields I think will reduce supply of ALL cereals WORLDWIDE.
I hope you are right but I’m not convinced. I would not be happy with Sep 22 ww at 160 which has to be in the realms of possibility.
 

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