capt.spiffing
Member
Market is not in France Im afraid but yes things have had to change to keep it attractive for all involved!
We have done a bit recently on min max contracts for yellow and brown, no link to the osr marketLinseed contracts normally have 50% linked to osr
We have done a bit recently on min max contracts for yellow and brown, no link to the osr market
when do you get to set your osr price?Personally I like it linked to osr, as it tracks oil and is a different dynamic to most crops. At the mo my contract of 50% at £350 and 50% at £65 over osr looks good I think!
when do you get to set your osr price?
When you see the UK prices and Black sea prices...i think we in Australia are having our pants taken down this year....
I am also surprised the malsters aren't buying aussie malt grain? i am assuming logistics makes it to hard.
I wont post any aussie prices on here in case it gives grain buyers so evil thoughts lol!!! (Im sure they get enough data anyway).
Ant...
Your grain is rather a long way from
European mills
Australia does produce a lot of food with not many people to feed.
Sounds as though you are done at every turn.
I assumed there was some kind of producer coops system in Aus, or a single-desk seller like the old Canadian Wheat Board?
No sometimes when we are below certain production levels our prices do well compared to other countries due to it being uneconomical to bring feed grains in...milling and malt we never run short but farmers can hang on to that which makes the price rise.
We did have single desk - gone because of some dodgy dealings with Iraq - we were funding the very war we had been fighting...just like America with ISIS...
Grain traders always push the CBOT price in to everything as its always in there favour - 90% of the time...so they always report how far over we are of CBOT futures...when we are under they go quiet...Co ops are dead which boils my blood...but on farm storage is going crazy here - hard to survive without it now....
feed barley and oats is about 70 quid a tonne...
we will have bucket loads of canola...i am sure the corporate's are already rubbing there hands together...
Ant...