Combinables Price Tracker

bobk

Member
Location
stafford
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?
Depends what you sold it for
 

Goffer

Member
Mixed Farmer
Location
Yorkshire
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 fairly 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 £1carry fee?
14 days after month end unless term's agreed and informed both parties. Had one 12 months since , sold as Nov contract and failed to get in touch till the 22nd Dec. Fell out about it but they didn't pursue the matter as they knew the terms and hoped we'd just role over
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
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...

Read the AIC number 1 contract terms for default.
 

JeremyD

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...
COFCO?
 

robbie

Member
BASIS
Has anyone got some fresh prices for wheat and barley in East Anglia/Norfolk????
Going to have a ring around tomorrow if I get around to it but always good to know roughly what prices are out there.
 

PSQ

Member
Arable Farmer
No, but not a small company by any means.
The strange thing is they were keen to buy it as they were "very short for November". They did call last week to organise fixings for early December, but then cancelled when they realised they were trying to send hard wheat into a soft wheat destination.
 

thorpe

Member
Has anyone got some fresh prices for wheat and barley in East Anglia/Norfolk????
Going to have a ring around tomorrow if I get around to it but always good to know roughly what prices are out there.
had a good ring round today, not your area leices, but big variation in prices local homes dont need it yet good carry for keeping it till feb march best prices coming for nonfeed homes! we think we better start marketing it pig and poultry job could get iffy.
 
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...

Ask him to pay you earlier.

Its not great form to be trying to not go with a contract even if its super tempting. They will have had a home for it and won't be just the merchant your affecting
 

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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