Combinables Price Tracker

OK, given that I always start selling wheat before I sow it as risk management, my average for wheat this year could be 192 (if I sell the remainder for 230! :confused: ) Only got 200t to go. Still got 300t of feed barley so what's the thinking on that? So far highest wheat price was 216 and barley was 196. Is there a point when barley falls out of favour or will it keep tracking, can stock be fed at that price? Or do alternatives take over? Still got rye to sell as well which is always a punt and is harvested largely unpriced (50% of winter cereal area) so thats another reason to sell up the wheat and barley as there is still a lot of tonnage with price risk to go. Plus we grow a lot of spuds and I've got enough excitement in my life:)
 
OK, given that I always start selling wheat before I sow it as risk management, my average for wheat this year could be 192 (if I sell the remainder for 230! :confused: ) Only got 200t to go. Still got 300t of feed barley so what's the thinking on that? So far highest wheat price was 216 and barley was 196. Is there a point when barley falls out of favour or will it keep tracking, can stock be fed at that price? Or do alternatives take over? Still got rye to sell as well which is always a punt and is harvested largely unpriced (50% of winter cereal area) so thats another reason to sell up the wheat and barley as there is still a lot of tonnage with price risk to go. Plus we grow a lot of spuds and I've got enough excitement in my life:)
Interesting points, im not sure whether to put more wheat in as feed barleys getting close to 200 now and uses less spray/fert and diesel at drying, at the same time wheat could be seen as more likely to hold its value feed barley could drop away back to 150? Only advantage is i can spread fresh muck in front of plough in spring to help sb
 

Worsall

Member
Arable Farmer
OK, given that I always start selling wheat before I sow it as risk management, my average for wheat this year could be 192 (if I sell the remainder for 230! :confused: ) Only got 200t to go. Still got 300t of feed barley so what's the thinking on that? So far highest wheat price was 216 and barley was 196. Is there a point when barley falls out of favour or will it keep tracking, can stock be fed at that price? Or do alternatives take over? Still got rye to sell as well which is always a punt and is harvested largely unpriced (50% of winter cereal area) so thats another reason to sell up the wheat and barley as there is still a lot of tonnage with price risk to go. Plus we grow a lot of spuds and I've got enough excitement in my life:)
Think you have sold well so far, many have sold at 150 to 170 forward for wheat. If you have 500t wheat and barley to still price, just work out what an extra £20/t above these levels would net you after tax at 40%. If a long term higher rate tax payer, is an extra £6k worth the risk of prices dropping and tying up your £100K of asset? 🤷‍♂️
 

Zan

Member
As much as I think the world price will keep climbing…..I’ve fixed some feed this morning as I’m now getting told a lot of the feed mills are pushing stuff back as the chicken job is cutting back due to staffing issues? It’s all very well saying the price is £240 but if there’s no physical market surely it’s not guna happen?
 
As much as I think the world price will keep climbing…..I’ve fixed some feed this morning as I’m now getting told a lot of the feed mills are pushing stuff back as the chicken job is cutting back due to staffing issues? It’s all very well saying the price is £240 but if there’s no physical market surely it’s not guna happen?

Meanwhile Vivergo starting up in January sucking up 90kt of wheat per month......wouldn't worry too much
 
this is major, why are there not more people talking about this?
 

SFI - What % were you taking out of production?

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

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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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