Combinables Price Tracker

farmerm

Member
Location
Shropshire
You have deeper pockets than I...

Hats off to you sir...

I aspire to be in that position one day!!
Don't have to be all that deep... nothing drilled means there isnt the usual demand for cash to pay for the crop that hasn't been drilled and will not need feeding and spraying... no rush to liquidate what is in the store into cash, its not worth owt sitting in the bank!
 

Sheeponfire

Member
Don't have to be all that deep... nothing drilled means there isnt the usual demand for cash to pay for the crop that hasn't been drilled and will not need feeding and spraying... no rush to liquidate what is in the store into cash, its not worth owt sitting in the bank!
Yes I agree on your points.

Mixed farm here... So there is always a home for cash!!

A % of our crop has to move to keep the kettle boiling!!
 
I believe harvest 20 wheat now has ZERO chance of making £200 a tonne.

Covid-19 is half the problem.
Russia is asserting its soft power by crashing the oil price - the permanent? destruction of US shale industry seems to be the objective, which might take 2 years.
Crashed oil price allied with broader recession / depression equals less, little or no incentive to throw taxpayer money into any sort of bio-fuel. Plus base demand will be on the floor awhile.

The $64000 question might be "Will US corn growers get the message before planting 100 million acres of the stuff, 30-40 % of which is destined for ethanol?"

Someone pls tell me i'm talking cobblers - i was mildly bullish long term a week ago...now i'm mildly bearish on prices even where they are now.
 

Surgery

Member
Location
Oxford
I believe harvest 20 wheat now has ZERO chance of making £200 a tonne.

Covid-19 is half the problem.
Russia is asserting its soft power by crashing the oil price - the permanent? destruction of US shale industry seems to be the objective, which might take 2 years.
Crashed oil price allied with broader recession / depression equals less, little or no incentive to throw taxpayer money into any sort of bio-fuel. Plus base demand will be on the floor awhile.

The $64000 question might be "Will US corn growers get the message before planting 100 million acres of the stuff, 30-40 % of which is destined for ethanol?"

Someone pls tell me i'm talking cobblers - i was mildly bullish long term a week ago...now i'm mildly bearish on prices even where they are now.
I hope your wrong but given the crash of oil price bio fuel is unlikely to be needed but then again if the proverbial hits the fan could oil shipments be effected or could oil be restricted to bring the price up again?
 

B'o'B

Member
Arable Farmer
Location
Rutland
I believe harvest 20 wheat now has ZERO chance of making £200 a tonne.

Covid-19 is half the problem.
Russia is asserting its soft power by crashing the oil price - the permanent? destruction of US shale industry seems to be the objective, which might take 2 years.
Crashed oil price allied with broader recession / depression equals less, little or no incentive to throw taxpayer money into any sort of bio-fuel. Plus base demand will be on the floor awhile.

The $64000 question might be "Will US corn growers get the message before planting 100 million acres of the stuff, 30-40 % of which is destined for ethanol?"

Someone pls tell me i'm talking cobblers - i was mildly bullish long term a week ago...now i'm mildly bearish on prices even where they are now.
I don’t think £200/t was ever really on the cards without major production problems elsewhere in the world.


It’s hard to see that there won’t be an economic downturn now, it just how large it might be.
 
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I hope your wrong but given the crash of oil price bio fuel is unlikely to be needed but then again if the proverbial hits the fan could oil shipments be effected or could oil be restricted to bring the price up again?

If you mean by corvid-19 then no. Vast amounts of oil move around based on the efforts of a handful of key personnel and a lot of automation / vast machines and infrastruscture.
If covid 19 got so bad as to affect this process then we are in the zombie apocalypse and it wont matter anyway.

We are not talking about the Straits of Hormuz being closed due to war and the resulting oil supply shock, rather that anyone can have all the oil they want at, probably any minute, sub $40 a barrel.

Breaking news...Saudi might be front-running Russia with steep discounts on forward oil sales ($7 below spot into USA) says Zerohedge...so that may or may not be right. Would make sense...saudi tried on its own to break shale in 14-15 but couldn't keep price low enough long enough....at that time if was Russia that needed a better oil price. But today Russia is considered the marginal producer....Moscow can cope with low oil price much better than Saudi / shale.
 

uztrac

Member
Arable Farmer
Location
fakenham-norfolk
If you mean by corvid-19 then no. Vast amounts of oil move around based on the efforts of a handful of key personnel and a lot of automation / vast machines and infrastruscture.
If covid 19 got so bad as to affect this process then we are in the zombie apocalypse and it wont matter anyway.

We are not talking about the Straits of Hormuz being closed due to war and the resulting oil supply shock, rather that anyone can have all the oil they want at, probably any minute, sub $40 a barrel.

Breaking news...Saudi might be front-running Russia with steep discounts on forward oil sales ($7 below spot into USA) says Zerohedge...so that may or may not be right. Would make sense...saudi tried on its own to break shale in 14-15 but couldn't keep price low enough long enough....at that time if was Russia that needed a better oil price. But today Russia is considered the marginal producer....Moscow can cope with low oil price much better than Saudi / shale.
I note that in the last few minutes Aramco shares have just dropped about 6% below their IPO,not what the GOSA were expecting at all.
 
I believe harvest 20 wheat now has ZERO chance of making £200 a tonne.

Covid-19 is half the problem.
Russia is asserting its soft power by crashing the oil price - the permanent? destruction of US shale industry seems to be the objective, which might take 2 years.
Crashed oil price allied with broader recession / depression equals less, little or no incentive to throw taxpayer money into any sort of bio-fuel. Plus base demand will be on the floor awhile.

The $64000 question might be "Will US corn growers get the message before planting 100 million acres of the stuff, 30-40 % of which is destined for ethanol?"

Someone pls tell me i'm talking cobblers - i was mildly bullish long term a week ago...now i'm mildly bearish on prices even where they are now.


The only thing is not many of us in the world can trade indefinitely at £140 ton. Variable costs around the world are similar. I think eventually pips squeak
 

Honest john

Member
Location
Fenland
My current mood is we are in uncharted water.

Sell spot when you have too.

What if UK is locked down.

What if crop yields 5 tph. On planted area.

On the day Italy locks down a big area of it’s country & the top table of its government tests a positive result.

Soon the government will be trying to work from home.
 

Chae1

Member
Location
Aberdeenshire
Won't be much/any oil out of north sea if Coronavirus hits. Do you fancy living in a metalbox with your colleagues for 2 weeks at a time during a highly infectious disease outbreak?

Anyhoo back on topic, whats feed barley trading at in northeast Scotland?
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 75 43.6%
  • Up to 25%

    Votes: 61 35.5%
  • 25-50%

    Votes: 27 15.7%
  • 50-75%

    Votes: 3 1.7%
  • 75-100%

    Votes: 3 1.7%
  • 100% I’ve had enough of farming!

    Votes: 3 1.7%

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

  • 1,283
  • 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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