Combinables Price Tracker

[e3120]

Technical or real?

 

[Hedger]

Technical or real?
View attachment 960491

A function of the Inglis mess

 

[Brisel]

Futures expiry? I don't think so. It says May 4th here

 

[Hedger]

Futures expiry? I don't think so. It says May 4th here

View attachment 960492

Last expiry date is 21/05/21 so likely to remain silly for another week.

 

[E_B]

Well, I sold some yesterday for May at £199. Had to argue the case. Typical.

 

[CRM AgriCommodities]

buying / selling futures is a gamble

buying options is insurance

We cover all this @Bossfarmer @Thomas-milmain in our Grain Academy which is for UK farmers. very powerful tools when understood and used correctly.
Find out more - https://graintab.com/academy/

 

[CRM AgriCommodities]

Today's roundup of the USDA report - click here

 

[4course]

A function of the Inglis mess

Be careful, be very careful of who you sell to re the fallout of this in the spot market

 

[willy]

Be careful, be very careful of who you sell to re the fallout of this in the spot market

What do you mean?

 

[Renaultman]

Be careful, be very careful of who you sell to re the fallout of this in the spot market

That's a bit worrying.

 

[teslacoils]

Be careful, be very careful of who you sell to re the fallout of this in the spot market

Is there some additional info regarding this?

 

[Hedger]

Is there some additional info regarding this?

I think he means that other merchants have been hit too so the fallout could be much worse than we expect

 

[fieldfarmer]

I think he means that other merchants have been hit too so the fallout could be much worse than we expect

As in, may have supplied grain to this lot and now won't be paid and as a result may have cash flow problems themselves?

 

[Hedger]

As in, may have supplied grain to this lot and now won't be paid and as a result may have cash flow problems themselves?

Spot on. I think most people are waiting to see what happens to malting barley as Inglis were key to Diageo so will be interesting to see who fills the void. Likely candidates are Cefetra or Frontier.

 

[yellow belly]

If the trade could get insurance the fall out will be limited

not good to see another loss in the merchant ing trade limiting the farmers choice

 

[marshbarn]

Sold new crop OSR this morning £451.50 ex farm August.

 

[Chae1]

Sold new crop OSR this morning £451.50 ex farm August.

Brilliant!

Being a pessimist but what if theres a storm and the wind shakes it all out?

Do you still have to supply?

 

[Jim75]

What’s feed barley north of Scotland making just now @Chae1 @Andrew1983

 

[marshbarn]

Brilliant!

Being a pessimist but what if theres a storm and the wind shakes it all out?

Do you still have to supply?

OSR seems a gamble from the day it is planted , lets hope for the best and a good harvest.

 

[Hampton]

OSR seems a gamble from the day it is planted , lets hope for the best and a good harvest.

At least most of the fields are yellow this year. Should be better than last year. Although not on my farm, I’ve banished it