Combinables Price Tracker

Also currently clueless!

May feed wheat around £151. Nov 20 £158, so the carry just about covers storing unsold old crop into new. Still a lot of maize around plus 11 mmt of US maize that's not going into a depressed ethanol market. Old crop osr feeling the pinch of reduced oil demand from biodiesel and fast food cooking. 9.7 million barrels/day production cut agreed by OPEC Plus on the back of global oil demand dropping by 1/3. Brent Crude still only $31/barrel. FTSE 5843, down from 7674 in Jan but up from 4994 23/3/20

Sell or carry old crop through??? I'd sell, if only to clear the sheds ready for a new crop that seems to be getting smaller every day it doesn't rain. :(

On the upside, where is the wheat trade going to come from if the Russians step back from exports? Yes, the world has big stocks of wheat and maize on paper but look at where they are - China.
And oil storage full by mid May
 

Lincsman

Member
Arable Farmer
Location
Lincolnshire
Not good. Down.

I'm not selling anymore forward until we get rain. Crops established well and putting down plenty roots.

Was speaking to agronomist today. Going to try some strip till spring barley next year to try and conserve moisture and see if any benefits.

Dry springs seem to be coming the norm.

Last year and this maybe, the one before that was massively wet... 65mm over easter.
 

Renaultman

Member
Arable Farmer
Location
Darlington
Not good. Down.

I'm not selling anymore forward until we get rain. Crops established well and putting down plenty roots.

Was speaking to agronomist today. Going to try some strip till spring barley next year to try and conserve moisture and see if any benefits.

Dry springs seem to be coming the norm.
I was just thinking the same, it's since I went on to liquid fert :(
'go liquid' they said 'put it on when it's raining and you can't get on with normal spraying'
Seriously though I don't think I would go back to solid, but these springs have certainly been challenging.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
so interesting offer

sell remaining h20 milling which is most of it ( high protein “e” wheat) AND next years for £220 deliver 2021 (do carry this years) can take sone cash now (£170 ) on the tonnage

with diesel at 34p and possibilities of filling tanks with cheap N i’m not normally a forward seller but .............

what would you do ?
 
Last edited:

jack6480

Member
Location
Staffs
so interesting offer

sell remaining h20 milling which is most of it ( high protein “e” wheat) AND next years for £220 deliver 2021 (do carry this years) can take sone cash now (£170 ) on the tonnage

with diesel at 34p and possibilities of filling tanks with cheap N i’m not normally a forward seller but .............

what would you do ?

it’ll go higher than that yet
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
it’ll go higher than that yet

im not so sure - recent years history seems to show that beyond £200 short cycle livestock producers don’t restock and fuel production stops

less mouths to feed in the world next year (sadly). and economic disaster/ VERY cheap oil

and we all seem to have totally forgot that brexit thing !

on the flip side domestic specialty milling wheat in a county keen to reduce import dependence ?
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 81 42.2%
  • Up to 25%

    Votes: 68 35.4%
  • 25-50%

    Votes: 30 15.6%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 7 3.6%

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

  • 1,294
  • 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/
Top