Combinables Price Tracker

GeorgeK

Member
Location
Leicestershire
I think the potential for shortages is about to hit mainstream media and from then on it's 'to the moon' as day traders get involved in the speculation and more countries start stocking up. Strap in folks good luck to all!

 
predicting grain prices for harvest 22 or 23 is as difficult as predicting the weather for that period

ultimately the weather will determine the world production and the price

some will guess right and some will guess wrong

high prices solve high prices (increase supply reduce demand )

low prices solve low prices (reduce production increase demand )

as a farmer i am always long grain
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
How much is cost and availability of fertiliser going to depress yield next year?

Are we about to see a new floor under wheat because of the increased cost of production?

It's not, unless you really have bought noth
Never thought you were this optimistic!

Nobody's mentioned '23 yet at 188?
Optimism = yield X price.

So while next year's prices look good, if we only get 3t/AC at those prices then we will be back to relying on the handout.

I'm optimistic about the last harvest as I know my yield; my grain is in a store; my profit per acre is good and getting better.

Not counting any chickens yet. If we did get crap national yields, then £600/AC leaves not much at today's fert prices. So as usual, it's a bit too much of a gamble. Yield is king, and I've 40ac that's not out of the ground yet.
 

Humble Village Farmer

Member
BASE UK Member
Location
Essex
I think the potential for shortages is about to hit mainstream media and from then on it's 'to the moon' as day traders get involved in the speculation and more countries start stocking up. Strap in folks good luck to all!

Was on radio 4 about 620 this morning
 
Market has dropped £4 apparently due to new covid strain concerns. Probably just a blip.
usa thanks giving holiday so market not open yeasterday ,day before traders covering them selves and profit taking and not wanting to have a lot of risk over the holiday

see what happens later this afternoon when the usa markets trade

trade figures for supply and demand out yesterday show we have exported 91000 july to september there are also boats being loaded now and up to christmas
the figures give 550000 of wheat as available or export of extra stock 91000 gone upto september

with uk wheat prices not high enough to stop exports 450000 tonnes in 9 months
1.3 million tonnes of usage a month less than 4% leeway

did we harvest 14 million tonnes in 2021 is still a very big question
could be very tight come july
 

PSQ

Member
Arable Farmer
Out of interest, what is the correct way to deal with 'Nov wheat' that hasn't been collected?
I've called the rep twice, and reminded him that it was sold to pay December bills. Am I obliged to roll it over into December uplift and accept a paltry £1 carry?
At what point can I legally tell him to tear up the contract as he's buggered up my cashflow?
Or am I potentially obliged to carry it all the way to June for 7 months x £1 carry fee?

And, is it about time the NFU negotiates a '2% carry', instead of the £1, which hasn't changed since Adam was a lad...
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 78 42.9%
  • Up to 25%

    Votes: 63 34.6%
  • 25-50%

    Votes: 30 16.5%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

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

    Votes: 5 2.7%

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

  • 1,286
  • 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