Fertiliser Price Tracker

[farenheit]

Should have said inflation linked!!

 

[livestock 1]

Should have said inflation linked!!

Still sounds ok at that!

 

[An Gof]

You can ask - but I'm not telling because it would inevitably cause an immediate meltdown which might yet still be avoided to the benefit of customers and suppliers, alike.

This sudden doubling of the capital required to engage in agricultural activities last occurred in the 70s.

It then resulted in major failures, of which the biggest was probably Kenneth Wilsons, whose MD, George Semper, kept selling wheat futures at £30/ton expecting to be able to buy in at harvest for £20 (£250 in todays money) but actually having to pay up to £48 (£600)..

There were similar failures in the livestock sector - locally here, Hatherleigh Market and North Devon Meat.

Sadly, many farm businesses were ruined as a result.

Couple of things one can usefully do - first, spend a couple of quid at companies house to get hold of your counterparty's balance sheet.

Or, more deviously, get a free quote on credit risk from an invoice factor - 0.01% is good, 10% not so good.

https://www.gov.uk/get-information-about-a-company

North Devon Meat went wrong in either 1980 or 81
Remember as a student on pre college year loading 50 fat cattle for NDM first thing in the morning. The boss put his head around the crib room door after lunch and looked like he had seen a ghost. The very morning NDM went scat

 

[An Gof]

This will make you smart a bit

 

[ajd132]

This will make you smart a bit

View attachment 1021495

Christ. Took some cover yesterday for next year at prices that are eye watering but look very good compared to that.

 

[Pigless]

Christ. Took some cover yesterday for next year at prices that are eye watering but look very good compared to that.

Just been told Nitram is £920 now. Is that true?

 

[ajd132]

Just been told Nitram is £920 now. Is that true?

Jesus. Urea yesterday low 800’s, did go up £15 in the hour it took me to make a decision

 

[An Gof]

Just been told Nitram is £920 now. Is that true?

Been trying to get prices here this morning with no joy. Did have a message from a friend who was talking £900

 

[tullah]

Resteraunts have always taken the pee with what they charge for steak. Seem to want to make a far higher margin than anything else on the menu.

They seem to have developed a habit of putting a large white plate infront of you looking very attractive but with precious little on it

 

[bankrupt]

The boss put his head around the crib room door after lunch and looked like he had seen a ghost. The very morning NDM went scat

Last good cheque we had from North Devon Meat was Jan 1980.

Only sent them a couple of dozen lambs after that, so got away lightly - 50 fat cattle's a really big hit for anyone.

Unfortunately, there's going to be more of this kind of financial disaster unfolding everywhere again for the next couple of years.

 

[SilliamWhale]

The difference between cost per ton of grain per N from £350 ton to £800 ton is about £30.

So futures at £250 looking at N alone is better than when we were getting excited about the £200 barrier. I still think we need £300 to feel confident about re-investing year on year though

 

[Homesy]

Full loads of imported AN £850 this morning. Now all gone. Next best 27.6.6.6s £935

 

[bobk]

Full loads of imported AN £850 this morning. Now all gone. Next best 27.6.6.6s £935

Might make more re selling my fert in the shed

 

[lloyd]

Might make more re selling my fert in the shed

Your the man.

 

[bobk]

Your the man.

Indeed ,

 

[SilliamWhale]

Might make more re selling my fert in the shed

Weren't you the man who didn't want to make a profit out of other peoples misery? Can I therefore offer you £400 ton for it?

 

[lloyd]

Weren't you the man who didn't want to make a profit out of other peoples misery? Can I therefore offer you £400 ton for it?

He'd still be making a profit at that so will you split
it with me at £285t so he can have a clear conscience.

 

[livestock 1]

Full loads of imported AN £850 this morning. Now all gone. Next best 27.6.6.6s £935

Christ that’s gone up £300 a tonne since yesterday
25/5/5 was £636 yesterday

 

[Northern territory]

Panic buying for next year won’t be helping.

 

[bobk]

Weren't you the man who didn't want to make a profit out of other peoples misery? Can I therefore offer you £400 ton for it?

I don't care about your misery .