Euro=94p

[ollie989898]

Forex players making money out of the pound in insertnewshere shocker.....

 

[nelly55]

Someone paid me in euro,a few years ago still trying to change them to £s without getting ripped off.

 

[czechmate]

Someone paid me in euro,a few years ago still trying to change them to £s without getting ripped off.

Someone paid me in euro,a few years ago still trying to change them to £s without getting ripped off.

Treat yourself to a trip to Ireland

 

[andybk]

every trade deal announced after oct 31st pound will rise a bit more , i would be more worried were the euro will end up after loosing a huge chunk of income in about 12 months, going to hit euro machinery manufactures and all those fendts etc are going to cost a bit in spares for a while

 

[livestock 1]

Pound only getting weaker until Boris pulls the brexit pin.

Then it's only going into free fall.

Only way we'll be able to export.

Devaluing the currency worked for New Zealand when they removed subsidies.......

Yes NZ devalued dramatically look at Argentina on the charts it’s devalued massively in the last five years or so.

 

[Tarw Coch]

What date is it set and if it stays at current value what would the difference be compared to last year?

I was on holiday a few months ago and cashpoints were working on a £1 = €0.955.

SFP exchange rate is average of September, it used to be set as rate on the 30th.

 

[lazy farmer]

every trade deal announced after oct 31st pound will rise a bit more , i would be more worried were the euro will end up after loosing a huge chunk of income in about 12 months, going to hit euro machinery manufactures and all those fendts etc are going to cost a bit in spares for a while

What 2 or 3 yrs?

 

[andybk]

What 2 or 3 yrs?

I would best some big deals announced before Christmas

 

[lazy farmer]

I would best some big deals announced before Christmas

Signed ?

 

[DrDunc]

I would best some big deals announced before Christmas

Deals like the sale of 96% of this year's lamb crop that would usually have been sold into the EU?

 

[FonterraFarmer]

Pound only getting weaker until Boris pulls the brexit pin.

Then it's only going into free fall.

Only way we'll be able to export.

Devaluing the currency worked for New Zealand when they removed subsidies.......

Not quite true, the NZ$ was overvalued and the 84 Labour government floated the dollar, yes initially it devalued, input costs from anything imported went up. Once deregulation went in and a few years later when the NZ dollar found it's true value it strengthened which in turn meant lower returns due to the high exchange rates....
Incidentally remember what happened to interest rates at the same time......

 

[onthehoof]

Not so good for my holiday in a fortnight, but it's not long until the rate is set for 2019 BPS

What date is it set and if it stays at current value what would the difference be compared to last year?

I was on holiday a few months ago and cashpoints were working on a £1 = €0.955.

Give or take the odd penny my wife bought 320euros yesterday at the post office and it cost her £318.

Jeez, all these farmers holidaying abroad, what’s wrong with this country

 

[Hfd Cattle]

extra £10/ha on the bps if its stays at this level for september

Just told the OH this bit of news ....... "goodo" she said " I can soon spend that "

 

[Scholsey]

will be 1.30 by christmas.

 

[czechmate]

Jeez, all these farmers holidaying abroad, what’s wrong with this country

RAIN

 

[czechmate]

will be 1.30 by christmas.

€1 = £1.30?
It does seem possible

 

[Wooly]

Parity is ok as long as you're not planning on buying any inputs or machinery....

A weak pound is Great for exports........... imagine what the price of our produce would be if the pound was strong at the moment !!

As we always telling our customers to Buy British, I don't expect many farmers bye European machinery, so a weak pound won't have anything but a positive effect !!!!

 

[bobk]

I always take a Halifax clarity card. No fees on foreign payments or cash withdrawals. As with credit cards, interest on cash withdrawal calculated until you pay it off. And the rate is set by MasterCard provided you select the local currency. A card payment today of £318 today would yield €345.32

I've got one of them , best card you can get .

For cash , transferwise gets you 340 euro for £318

 

[andybk]

I've got one of them , best card you can get .

For cash , transferwise gets you 340 euro for £318

yep i got one as well , my holiday cash this year cost me 20p in interest for a week ,just drawn from any hole in the wall ,
and as you say you get actual bank exchange rate on the day , no brainer as far as im concerned

 

[ffukedfarmer]

RAIN

and days like yesterday.