yellow belly
Member
- Location
- south west lincolnshire
selling 100 tonnes at £140 would be £4000 higher than £100 per tonne
fertiliser needed to grow 100 tonnes cost £1500 now and would be on £450 more if it went up 30%
for that to happen would need £ to fall 30 % more or oil to go up 30% or a combination an increase in oil or a falling £ would also increase the price of grain could just allocate a tonnage of grain to match the fertiliser cost ie 15 tonnes unpriced
if you have hedged grain and the £ rises fertiliser and other imputs would fall in cost
with us all looking at current weather in the uk and brexit negotiations we may be not considering other threats to our prosperity and the likely hood of a labour government diminishes as they get too extream for the average voter
brexit seems to be not as bad as the pundits and markets predict this leads me to the idea that the £ will recover to 1.3 to the euro in the medium term or even higher markets have a habit of over compensating
the physical market will not continue to be above futures unless the uk plants less crops
free import maize is more likely as if prices stay too high Gove will get the idea it is not a threat to the wheat price
this just needs a poorer quality harvest nearer to the average or below which increases the production of feed wheat and sucks in imported milling wheat
fertiliser needed to grow 100 tonnes cost £1500 now and would be on £450 more if it went up 30%
for that to happen would need £ to fall 30 % more or oil to go up 30% or a combination an increase in oil or a falling £ would also increase the price of grain could just allocate a tonnage of grain to match the fertiliser cost ie 15 tonnes unpriced
if you have hedged grain and the £ rises fertiliser and other imputs would fall in cost
with us all looking at current weather in the uk and brexit negotiations we may be not considering other threats to our prosperity and the likely hood of a labour government diminishes as they get too extream for the average voter
brexit seems to be not as bad as the pundits and markets predict this leads me to the idea that the £ will recover to 1.3 to the euro in the medium term or even higher markets have a habit of over compensating
the physical market will not continue to be above futures unless the uk plants less crops
free import maize is more likely as if prices stay too high Gove will get the idea it is not a threat to the wheat price
this just needs a poorer quality harvest nearer to the average or below which increases the production of feed wheat and sucks in imported milling wheat