Combinables Price Tracker

[teslacoils]

Noone speaks of the shitters.

Well, I'll freely admit to all my oats this year going for £130/t. Still, only year in ten I've been worse off without a contract.

If only it had been in a pool. Lovely oats too.

 

[Zan]

Noone speaks of the shitters.

Well, I'll freely admit to all my oats this year going for £130/t. Still, only year in ten I've been worse off without a contract.

If only it had been in a pool. Lovely oats too.

I’m with you there, in fact our were £129 or just over but on a pool.
have oats gone up that much??

 

[teslacoils]

I’m with you there, in fact our were £129 or just over but on a pool.
have oats gone up that much??

Haven't really looked. £10 under wheat futures contracts I believe. Tbh I grew them for under the selling price so "locked in a profit". Or rather sold them in winter as I always do.

 

[Lincsman]

I’m with you there, in fact our were £129 or just over but on a pool.
have oats gone up that much??

Dont think so, mine went for feed at £135 in november, I only drilled oats as Barley would be virtually unsaleable... (expert advice!)

 

[Zan]

on the basis of locking into profit as soon as you see it most should surely be selling everything the moment it’s over £100/t

even with daft production costs of £150/t ( have a word !) every grain in the UK should be sold forward right now

Aiming for higher prices is not greed, it’s just good business

Some conventional system farmers can’t grow wheat less than £130 in my eyes, watched them over the hedge with 4 tractors in one field, all moving 2-4kmh to still get a sh!t seedbed for spring barley.......they look at us like we are the nutty ones.

however maybe I’m not as brave as you but I did take a little bit of early cover on wheat, pre Christmas at £160
that will be my worst few loads hopefully

 

[teslacoils]

Dont think so, mine went for feed at £135 in november, I only drilled oats as Barley would be virtually unsaleable... (expert advice!)

We prefer oats. But mainly now I have a contractor to cut my corn, I didn't want to be like everyone with wall to wall spring barley.

Still, my wheat after oats are good. Most spring barley land is either crap wheat, failed osr, or still to emerge beans.

 

[Brisel]

My oats were on a wheat futures price delivered to the mills, so were £167 and £172 for winters & springs, sold spot in September & October. They left the farm at harvest to go into a local co-op store, so a bit of double handling eats some of the price up. Still pleased with that.

 

[teslacoils]

owever maybe I’m not as brave as you but I did take a little bit of early cover on wheat, pre Christmas at £160
that will be my worst few loads hopefully

There will be *loads* of corn sold at that. They just won't be saying. Back in October it was looking like every field in lincs would be wheat and we'd be exporting into an unfriendly EU or Vs Russians.

 

[Zan]

There will be *loads* of corn sold at that. They just won't be saying. Back in October it was looking like every field in lincs would be wheat and we'd be exporting into an unfriendly EU or Vs Russians.

I’m not afraid to admit it!
Just hope I’ve got plenty of it this time round.....

 

[lloyd]

View attachment 959623

I would say that this might be a good point to consider booking a bit of harvest 2021 if you haven't done any already. The tops & bottoms of the market are for fools and pub boasting. I aim to hit a good average and spread risk. I have a long position anyway by growing without selling it all, as the vast majority of growers do too.

Your graph shows that wheat has underperformed US Maize
substantially in percentage price rise over the same period.
Doesn't look like the rain forecast for the second corn crop in Brazil
is happening by today's forecast.
Plenty to play for just yet!

 

[shakerator]

Pool = moral hazard

 

[Brisel]

Maize stocks are taking a big hit in this weather market and Chinese buying. Wheat stocks are actually forecast to rise this year, depending on who you believe. The wheat price is just being dragged along for the run on maize IMO. There is a degree of substitution between the two, especially if you are growing feed wheat.

 

[lloyd]

Maize stocks are taking a big hit in this weather market and Chinese buying. Wheat stocks are actually forecast to rise this year, depending on who you believe. The wheat price is just being dragged along for the run on maize IMO. There is a degree of substitution between the two, especially if you are growing feed wheat.

Well yes they've used cheap imported maize to drag the feed
wheat price down.That's not happening at the moment or in
the near future.

 

[Renaultman]

View attachment 959623

I would say that this might be a good point to consider booking a bit of harvest 2021 if you haven't done any already. The tops & bottoms of the market are for fools and pub boasting. I aim to hit a good average and spread risk. I have a long position anyway by growing without selling it all, as the vast majority of growers do too.

Bugger. I meant to ask the question yesterday but forgot
This could be the first time I fix a price that far in advance but am seriously considering it.

 

[lloyd]

Add in extra ethanol production and
spiralling inflation to the mix along with more
volatile weather patterns and the $10 dollar a bushell
corn the yanks are talking about might not be
as stupid as it sounds.
Edit
Few sheep farmers thought lambs were going
to be £150plus in the new year so anything's possible.

 

[Davylad]

View attachment 959623

I would say that this might be a good point to consider booking a bit of harvest 2021 if you haven't done any already. The tops & bottoms of the market are for fools and pub boasting. I aim to hit a good average and spread risk. I have a long position anyway by growing without selling it all, as the vast majority of growers do too.

 

[Davylad]

View attachment 959623

I would say that this might be a good point to consider booking a bit of harvest 2021 if you haven't done any already. The tops & bottoms of the market are for fools and pub boasting. I aim to hit a good average and spread risk. I have a long position anyway by growing without selling it all, as the vast majority of growers do too.

@Brisel ,, where can one pull up that chart above from ? Thanks..

 

[Brisel]

@Brisel ,, where can one pull up that chart above from ? Thanks..

Cereals and Oilseeds markets | AHDB

The latest industry data, analysis and insights to inform your business in the Cereals and Oilseeds sector.

ahdb.org.uk

It's free to view. Prices have at least a 20 minute time lag. If you want a live feed, you'll need to subscribe to one of the many providers of live market data e.g. Reuters, Bloomberg

 

[Davylad]

Cereals and Oilseeds markets | AHDB

The latest industry data, analysis and insights to inform your business in the Cereals and Oilseeds sector.

ahdb.org.uk

It's free to view. Prices have at least a 20 minute time lag. If you want a live feed, you'll need to subscribe to one of the many providers of live market data e.g. Reuters, Bloomberg

Many thanks

 

[DieselRob]

Certain posts from many years ago stick in the memory on this forum and 1 such post was made by 1 of our “holier than you” posters whereby he was out loading forward sold wheat at £150 in Nov ish when spot prices were around £200. Whether they would admit that they didn’t always get it right, it always makes me chuckle.

Back to prices, OSR as available harvest at £450+ yesterday, some pods are aborting and it’s the 1 crop I have very little confidence in forward selling