Combinables Price Tracker

[wellingtonfarmer]

Million dollar question. I'm needing to buy wheat for chickens come Feb march, would you buy now or wait until Feb march?

 

[Brisel]

I hope you're right I am storing mine which never, normally, goes well. You have been warned.

I have the same trouble as you & am doing the same thing. Into merchant store for £9/t & I could cash that out & turn a profit already. However, I'll hold for now.

Here's the 3 month graph for Brent Crude

 

[MrNoo]

I'm not convinced, just sold a little bit as cover, I remember well what happened last time it hit £200 people holding, expecting £250. The market just looked elsewhere.

Agreed, but every single crop report for the last few weeks has been down, yields down everywhere, weather dry, no sign of rain in the Sates, Ukraine dire, Aus no rain, cannot see it halting the rise just yet. We will be importers as usual but where are we to import from?? A lot of places won't have enough to export.
I always like to swim against the tide a tad

 

[fastfish]

Frontier says sell hmmmmmmm

 

[Renaultman]

Agreed, but every single crop report for the last few weeks has been down, yields down everywhere, weather dry, no sign of rain in the Sates, Ukraine dire, Aus no rain, cannot see it halting the rise just yet. We will be importers as usual but where are we to import from?? A lot of places won't have enough to export.
I always like to swim against the tide a tad[/QUOTE]

Me too, hence my nervousness, also the merchants aren't breaking my doors down to buy this isn't helping.

 

[RushesToo]

Long-standing muck-for-straw arrangements have collapsed about here, as a 'cash is king' ethos has prevailed. So much for long-term, look after your soils, thinking.

@e3120 I think that you are proposing a market in muck. You can short or long muck through a market - who has no concept of "Oh I seem to have sold it to someone else", what am I bid for this nice pile of muck, delivered, Sep 2018, Dec 2018 or some unspecified date in the future.

Actually I will start this up my trading margins to cover chasing up bad debts will be rather nice.....

Do we really need markets to do a straw for muck deal to make an agreement stick?

 

[Renaultman]

@e3120 I think that you are proposing a market in muck. You can short or long muck through a market - who has no concept of "Oh I seem to have sold it to someone else", what am I bid for this nice pile of muck, delivered, Sep 2018, Dec 2018 or some unspecified date in the future.

Actually I will start this up my trading margins to cover chasing up bad debts will be rather nice.....

Do we really need markets to do a straw for muck deal to make an agreement stick?

We just need a rusty shovel.

 

[yellow belly]

look around the world

ausi drought yesterdays report that added 3.80 to feed wheat eastern states of Australia will need to import grain for their pig and poultry industry is the drought continues when they last had a big drought they inported half a million tonnes of uk feed wheat as well as reducing their total exports

the day before pictures of sprouted wheat in ukraine

every day now there is a production problem highlighted if you are sharp these problems can be seed before they are highlighted
many traders in the city uk or abroard follow the published reports that is why the price moves when a problem is highlighted

will hold till there is a 2 in front or when there is better ideas on the maize harvest and I know what I have to sell
malting spring barley must be getting close to the 2 with a 35 to 40 better than any second wheat and reduces fixed costs on top of lower growing cost

high hagburg will make uk feed wheat in to lower classes of milling wheat reducing our millers need for expensive imported wheat

 

[Daniel]

Million dollar question. I'm needing to buy wheat for chickens come Feb march, would you buy now or wait until Feb march?

I'm bought up to the end of March and wish I'd gone further now.

 

[Daniel]

The perfectly hedged Farm business - mixed farming

I aspire to work out how to do that one day !

Still a net buyer of wheat and noone seems to have worked out how to reliably grow UK protein sadly.

Anyway you wouldn't want the weekend/bankholiday/winter work!?!

 

[nick...]

What does everyone think rape will get too.was told last year it would get to £300 but ended up selling well below that
Nick...

 

[Bossfarmer]

will OSR be the highest gross margin crop this year? dont grow it personally as straw is crap

 

[chipchap]

Sold my OSR balance at 320 September.

 

[hindmaist]

I think I’m right in saying the last four global harvests have been record harvests.Theres no reason the next four mightn’t be poor ones.What would that do to the price?

 

[Bossfarmer]

I think I’m right in saying the last four global harvests have been record harvests.Theres no reason the next four mightn’t be poor ones.What would that do to the price?

demand continues to rise

 

[Sonoftheheir]

£3 off £200 for May 19

 

[PSQ]

Just been told by a rep for a well known company that he's just bought Scottish wheat for May '19 at £200 ex farm*.

- £200 price resistance: breached!





(* - Not from me, I sold half of mine forward this time last year for £150 Nov '18 )

 

[nick...]

Sold some for harvest delivery back in March for £140 and thought that was good.if price had gone down they woukd find everything wrong with it to avoid paying
Nick...

 

[MrNoo]

Sold some for harvest delivery back in March for £140 and thought that was good.if price had gone down they woukd find everything wrong with it to avoid paying
Nick...

Friend did the same, only 2 loads mind but we all take great pleasure phoning him up and telling him how much it has gone up every day. Fortunately I was too unorganized to sell any forward for a change

 

[Sandy]

Big jump!!!!