Combinables Price Tracker

Feel like a rabbit in the headlights today if honest

a couple weeks ago i posted how I had watched my futures positions pass my target 230 and move to 240 and didn’t sell as 250 looked likely

i said next time i could take 230 i would


i could have taken 230 yesterday ……. i didn’t

today we will likely see big gains and maybe pass that 240 again


i suspect sanctions today will be significant

I should stick to the plan and take my profit at 230 but there really feels like no downside to holding a little longer now ? I bought at 190 and 200 , i cant loose so risk is simply failing to maximise profit

whats the wisdom of TFF suggest ?
sell now before markets get over the shock and settle back down, how many tonnes are we talking?
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
sell now before markets get over the shock and settle back down, how many tonnes are we talking?

lots

I'm waiting to hear BJ's announcement later (and I think the markets are as well) Sanctions could make this a £300 game all of a sudden

fuel and fert is going to be almost un buyable
 

Green oak

Member
Arable Farmer
Location
Essex
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Who controls the trade route to the Black Sea. Could be interesting if that closes.
 

Humble Village Farmer

Member
BASE UK Member
Location
Essex
lots

I'm waiting to hear BJ's announcement later (and I think the markets are as well) Sanctions could make this a £300 game all of a sudden

fuel and fert is going to be almost un buyable
If that transpires, the same will be true of cereals and other food commodities.

I bet they are already dreaming up windfall taxes for farmers.
 

PSQ

Member
Arable Farmer
Borders / NE feed wheat peaked at £266 today, the 'northern premium' seems to have weakened by almost a tenner as prices rocketed.
 

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