Combinables Price Tracker

teslacoils

Member
Arable Farmer
Location
Lincolnshire
Complacency.
80 years of relative peace. 3 generations of calm.

Complacency.
Indeed. 12 years ago I think we had the last UK gas crisis where we realised we had about three days gas storage. Since then we have built....no new gas storage. All our govt policy is based on the cheapest price on the day.

We should have had three new nuclear power stations up and running by now. The much moaned about price of the energy would be a fraction of what it's going to be. Hindsight is one thing, but "don't out your eggs in one basket" is surely accepted by everyone from childhood?

Still, Germany tried to build a lng terminal since 2018. In 2021 they reckoned it wouldn't be economically viable, and that the green lobby would stop it. Still, hindsight. I didn't realise that Russia provided Germany with 35 percent of its oil. So recap

50+ percent gas
50+ percent hard coal
35 percent oil.
It's Gas storage and several European gas pipelines are quarter owned by Gazprom.

I'll not work out the fertiliser, or other basic resources.
 
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4course

Member
Location
north yorks
Can someone do the conversion, I worked out the chicargo close price was £252, is this correct?
cents/bushel multiplied by 36.74 bushels in a t then cents to dollars then dollars to £
so by my my calcs you are as near as dammit correct. Oh but dont get too excited diesel gone over 80p just hope our last load of fert gets delivered as planned
 
Next on my list is the well known online grain trading platform report writer who has been suggesting I sell 25% of my crops since harvest every week,these people should really hold back a little.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
Feel like a rabbit in the headlights today if honest

a couple weeks ago i posted how I had watched my futures positions pass my target 230 and move to 240 and didn’t sell as 250 looked likely

i said next time i could take 230 i would


i could have taken 230 yesterday ……. i didn’t

today we will likely see big gains and maybe pass that 240 again


i suspect sanctions today will be significant

I should stick to the plan and take my profit at 230 but there really feels like no downside to holding a little longer now ? I bought at 190 and 200 , i cant loose so risk is simply failing to maximise profit

whats the wisdom of TFF suggest ?
 

jackrussell101

Member
Mixed Farmer
My cousin co-directs a large hedge fund that specialises in commodities, I spoke to him last week and he reckoned war in Ukraine would mean massive gains for wheat.
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
Feel like a rabbit in the headlights today if honest

a couple weeks ago i posted how I had watched my futures positions pass my target 230 and move to 240 and didn’t sell as 250 looked likely

i said next time i could take 230 i would


i could have taken 230 yesterday ……. i didn’t

today we will likely see big gains and maybe pass that 240 again


i suspect sanctions today will be significant

I should stick to the plan and take my profit at 230 but there really feels like no downside to holding a little longer now ? I bought at 190 and 200 , i cant loose so risk is simply failing to maximise profit

whats the wisdom of TFF suggest ?
When I sold some at £252, both I and the rep agreed there were "limited downsides" but selling a bit when the money looked good was never a bad thing.

Last week I did two loads at £225 because "homes were getting booked up".

So really, who knows anything anymore?
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
When I sold some at £252, both I and the rep agreed there were "limited downsides" but selling a bit when the money looked good was never a bad thing.

Last week I did two loads at £225 because "homes were getting booked up".

So really, who knows anything anymore?


we have made physical sales and moved some feed at 225 recently as i agree logistics/ finding home / transport needs considering. A lot of physical grain to go yet but sales will be based as much on demand from local buyers as price

future a bit different though - it’s just a phone call to close out
 
Feel like a rabbit in the headlights today if honest

a couple weeks ago i posted how I had watched my futures positions pass my target 230 and move to 240 and didn’t sell as 250 looked likely

i said next time i could take 230 i would


i could have taken 230 yesterday ……. i didn’t

today we will likely see big gains and maybe pass that 240 again


i suspect sanctions today will be significant

I should stick to the plan and take my profit at 230 but there really feels like no downside to holding a little longer now ? I bought at 190 and 200 , i cant loose so risk is simply failing to maximise profit

whats the wisdom of TFF suggest ?
270 and cash in nice margins that many can only dream of hope it works out for you
 

z.man

Member
Mixed Farmer
Location
central scotland
Feel like a rabbit in the headlights today if honest

a couple weeks ago i posted how I had watched my futures positions pass my target 230 and move to 240 and didn’t sell as 250 looked likely

i said next time i could take 230 i would


i could have taken 230 yesterday ……. i didn’t

today we will likely see big gains and maybe pass that 240 again


i suspect sanctions today will be significant

I should stick to the plan and take my profit at 230 but there really feels like no downside to holding a little longer now ? I bought at 190 and 200 , i cant loose so risk is simply failing to maximise profit

whats the wisdom of TFF suggest ?
£240 would give you a 20% margin must be tempting..... presumably when you bought you had £250t in your head as the potential for the market ?
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
£240 would give you a 20% margin must be tempting..... presumably when you bought you had £250t in your head as the potential for the market ?


230 was was the original target - but i’m say here right now not taking that

i also have a nov 22 position open bought at 194 - i think there is a lot more potential upside in that than the may positions
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 79 42.9%
  • Up to 25%

    Votes: 63 34.2%
  • 25-50%

    Votes: 30 16.3%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 6 3.3%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,287
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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