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Arable Farming
Cropping
Combinables Price Tracker
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<blockquote data-quote="charlie86" data-source="post: 6994482" data-attributes="member: 40256"><p>There are Minimum £15 Premiums available for Harvest 2021. Basically, your only commitment is to supply the tonnage booked as Feed Wheat, should it fail to make Milling quality. </p><p>You can leave the Feed “Base price” unproved until nearer the time or lock in a Feed Base price for the month of movement, ie £145 for Nov 21. Once quality is known (and assuming it’s Milling quality) a Premium can be added, you having the “safety net” of knowing that you have a Minimum Premium of £15/t (in this instance), but could be higher if the market is dictating higher premiums. You can rest assured it won’t be lower than £15. </p><p>The contract only becomes defaultable once the base price and Premium is “married together” ie £145 + Min £15.</p></blockquote><p></p>
[QUOTE="charlie86, post: 6994482, member: 40256"] There are Minimum £15 Premiums available for Harvest 2021. Basically, your only commitment is to supply the tonnage booked as Feed Wheat, should it fail to make Milling quality. You can leave the Feed “Base price” unproved until nearer the time or lock in a Feed Base price for the month of movement, ie £145 for Nov 21. Once quality is known (and assuming it’s Milling quality) a Premium can be added, you having the “safety net” of knowing that you have a Minimum Premium of £15/t (in this instance), but could be higher if the market is dictating higher premiums. You can rest assured it won’t be lower than £15. The contract only becomes defaultable once the base price and Premium is “married together” ie £145 + Min £15. [/QUOTE]
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Combinables Price Tracker
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