tullah
Member
- Location
- Linconshire
When the clever guys tell us all the £ will crash it usually goes other way.
sometimes its better to need the money and to sell
grain marketing mistake #101
1) selling for cash flow
Grain is currency, if you need cash leverage the grain you have via bank or merchant warrant and sell (price) when you think time is right
grain marketing mistake #101
1) selling for cash flow
Grain is currency, if you need cash leverage the grain you have via bank or merchant warrant and sell (price) when you think time is right
Is grain really currency? I bet 1 tonne of wheat bought you a lot more things in 1970 than it does today!
so its a currency that has devalued since 1970 - we helped that process by printing (growing) more of it
its still a currency, same as gold
At least with real currency there is no cost of carry and you can actually lend it out to earn interest. You cannot do that with grain. Let's us rapeseed as an example.
Ex farm £320 per tonne plus 10% bonuses = approximately £350 per tonne
Interest at 3% means it costs £10.50 per tonne per year, or just shy of £1 per month in interest before storage costs and quality deteriotion risk.
You are right, Donald has the potential to over rev anything!and you didn’t even mention Trump !
Sometimes fortune favours the brave !
I would say ours were well up
Only our WW was any good, SB and OSR were both nothing to shout about especially the OSR.
More good news from the HGCA, this week.
2018 wheat yields up 1% here in the South West.
Should limit local price rises, after Christmas.
As a matter of record (see above) my yields here in the South West were down 29%, exactly the same as they were down in Northern Ireland
And for exactly the same reason.
, id like to exclude the SB, that was 60% down.
More good news from the HGCA, this week.
2018 wheat yields up 1% here in the South West.
Should limit local price rises, after Christmas.
As a matter of record (see above) my yields here in the South West were down 29%, exactly the same as they were down in Northern Ireland
And for exactly the same reason.