Combinables Price Tracker

Why is the price difference only being displayed for Nov on the London market?View attachment 1036444
Because it is the only contract traded today
always pays to follow french futures and C bot futures as well as London before doing any sales

closing price will be set at the close based on bid and offer Prices at the time

not found a free site that publishes bid and offer prices professional traders pay for up to the second data
nogger and Ahdb and most merchants sites have 10 minute delayed prices but no bid /offer prices
 

nelson

Member
Mixed Farmer
Location
herefordshire
It’s disastrous.

The retailers are fully aware but they don’t care, they can still get enough eggs/pork etc at the moment and I guess they think they’ll be able to import any shortages.

Then we have various packing companies between the farm and retailer, none of whom will tell the retailers the price is going up.
you all need to get together and throw the eggs any for a week it might wake them up abit
 
My agent thought locking into £190 for 2022 crop was a good idea. Glad I've let it run.
All the marketing courses push the notion of sell forward when you see a profit
a lot of the reasoning behind the doctrine was developed when the market was controlled by intervention from 1975 to 1996 / 2004
since then the uk has moved more to a uncontrolled free market
the World has had much bigger production /consumption and a much lower stock to use ratio
a lot of the stock is held in non exporting countries

this has resulted in much bigger price swings 50 to 100% within one season

in the last 20 years holding on till it’s in the store is now the best strategy on average
the 5 or 6 years with big increases have trumped the 14 years when forward was better
some farmers will have swapped from forward to wait and back hitting all the highs
some will had hit all the lows
usually just a matter of luck
 
Last edited:

Daniel

Member
you all need to get together and throw the eggs any for a week it might wake them up abit
I agree, but none of the trade bodies, who have the mailing lists and the staff will organise it.

And which independent producer is going to do it and risk being blacklisted for ever more? It’s hard enough getting any to speak in the media.
 
You usually have one flock and the current flock contract, so between 14-28 months. But the price can be varied by the packer, once upon a time they used to vary the price up and down as feed moved, but not any more it seems.
so not fixed
hard to fix feed price with variable egg price

if enough producer kill off a bit earlier than normal and restock a few weeks later taking a holiday/ desease break the buyers could go back to feed plus contracts
 

Humble Village Farmer

Member
BASE UK Member
Location
Essex
It’s disastrous.

The retailers are fully aware but they don’t care, they can still get enough eggs/pork etc at the moment and I guess they think they’ll be able to import any shortages.

Then we have various packing companies between the farm and retailer, none of whom will tell the retailers the price is going up.
Assuming you have joined the Bfu, why not start a thread under the poultry section to coordinate with other producers.

Strength in numbers and all that.
 

Sheeponfire

Member
700g of wheat to make a standard loaf of bread. (white)
1428 loaves from a ton.
At 180/t = 12p.
At £400/t = 28p.

I reckon that the cost of running my breadmaker has gone up 7p a standard loaf just from the electricity side.

Contrast this to the cost of running a car or filling up the kero tank and it really is nothing for us in the affluent west. Could cut the cost of bread by mandating everyone buy brown bread. I wouldnt like to hazard a guess at how many households throw away the end crusts of a loaf of white sliced....

There is no point in raising rates. This is all external factors and the only way through is to tighten belts.

For reference, a "strawberry and mint iced tea" at Costa Coffee is £3.20 for almost zero nutritional value. Throw in a cheese toastie and a chocolate tiffin and youve spaffed £9.70 on some fancy water; two slices of bread with some cheese in the middle; and sugar you dont need.


Tremendous post 👍
 
I agree, but none of the trade bodies, who have the mailing lists and the staff will organise it.

And which independent producer is going to do it and risk being blacklisted for ever more? It’s hard enough getting any to speak in the media.
Too true. There is at least one pig producer who was quite vociferous who has been given notice on their contract because of it. (and they have proof of that being the reason).
 

e3120

Member
Mixed Farmer
Location
Northumberland
Because it is the only contract traded today
always pays to follow french futures and C bot futures as well as London before doing any sales

closing price will be set at the close based on bid and offer Prices at the time

not found a free site that publishes bid and offer prices professional traders pay for up to the second data
nogger and Ahdb and most merchants sites have 10 minute delayed prices but no bid /offer prices
If you sign up to a trading site (@Chae1 pointed me to IG), you can have a demo account to play with. The buy/sell prices there must be live, as that's the market.

On a similar note, and weakens my point above, does anyone know of a simple site to trade futures other than Nov 22? I plan to sell at some point to fix my small non-assured heap of wheat that will go spot to a local home, but would like the choice to hold longer than November. If I do nothing my position would be rolled forward to Jan at expiry, but would cost another margin and the market effect of others doing the same.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
700g of wheat to make a standard loaf of bread. (white)
1428 loaves from a ton.
At 180/t = 12p.
At £400/t = 28p.

I reckon that the cost of running my breadmaker has gone up 7p a standard loaf just from the electricity side.

Contrast this to the cost of running a car or filling up the kero tank and it really is nothing for us in the affluent west. Could cut the cost of bread by mandating everyone buy brown bread. I wouldnt like to hazard a guess at how many households throw away the end crusts of a loaf of white sliced....

There is no point in raising rates. This is all external factors and the only way through is to tighten belts.

For reference, a "strawberry and mint iced tea" at Costa Coffee is £3.20 for almost zero nutritional value. Throw in a cheese toastie and a chocolate tiffin and youve spaffed £9.70 on some fancy water; two slices of bread with some cheese in the middle; and sugar you dont need.


you know what ......... any half decent farming union or trade development body with loads of cash would be promoting the hell out of such fact right now ......... or so you would think !
 

Daniel

Member
Too true. There is at least one pig producer who was quite vociferous who has been given notice on their contract because of it. (and they have proof of that being the reason).
You’d hope their fellow producers would all speak up vociferously in support of them and tell the processor in no uncertain terms that they wouldn’t allow it.

I’m betting they didn’t?
 

MrNoo

Member
Arable Farmer
Location
Cirencester
how many farming agents will have sold a big chunk on the percieved marketing notion to sell when you see a profit based on averages
Chatting to next door today and he was speaking to his trader, reckons that 45% of his customers have already foreword sold 22.
Sometimes inaction is beneficial.
Next door did some FW @£315/t harvest which I thought cheap re Nov
 

WRXppp

Member
Location
North Yorks
Boe should have raised interest rates along time ago, they cannot raise them much now without ruining a good many. Nothing is going to curb food inflation apart from an ending to the war
totally agree, all the factors for the inflation rise starting with gas last September would not of been curbed with higher interest rates.
 

e3120

Member
Mixed Farmer
Location
Northumberland
700g of wheat to make a standard loaf of bread. (white)
1428 loaves from a ton.
At 180/t = 12p.
At £400/t = 28p.

I reckon that the cost of running my breadmaker has gone up 7p a standard loaf just from the electricity side.

Contrast this to the cost of running a car or filling up the kero tank and it really is nothing for us in the affluent west. Could cut the cost of bread by mandating everyone buy brown bread. I wouldnt like to hazard a guess at how many households throw away the end crusts of a loaf of white sliced....

There is no point in raising rates. This is all external factors and the only way through is to tighten belts.

For reference, a "strawberry and mint iced tea" at Costa Coffee is £3.20 for almost zero nutritional value. Throw in a cheese toastie and a chocolate tiffin and youve spaffed £9.70 on some fancy water; two slices of bread with some cheese in the middle; and sugar you dont need.
Devil's advocate:

Is that 700g of ex-farm milling wheat needed for each customer purchased loaf? Ie taking into waste and byproduct lost everywhere between the 2? I expect a lot falls out of the process along the way, some with value as feed.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 78 43.3%
  • Up to 25%

    Votes: 62 34.4%
  • 25-50%

    Votes: 30 16.7%
  • 50-75%

    Votes: 3 1.7%
  • 75-100%

    Votes: 3 1.7%
  • 100% I’ve had enough of farming!

    Votes: 4 2.2%

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