Who knows where it will be could be 180 could be 360 ! Nov 23 futures 250ish , Always been a risk there just alot bigger now !!Will you want it next year at £795 if the crop growing is predicted to be £180 / t ?
You could sell some harvest 23 wheat now at £250 (nov 23) to mitigate the risk of buying expensive N,thats what i would do.Will you want it next year at £795 if the crop growing is predicted to be £180 / t ?
250 isn't enoughYou could sell some harvest 23 wheat now at £250 (nov 23) to mitigate the risk of buying expensive N,thats what i would do.
Wouldn't worry about it then. It's only what lincsman said anyway and he would say that with half the farm fallowed. Could be smarting a bit if wheat is 400 instead of 180.250 isn't enough
What if we get an Autumn like 2019 and nothing gets planted?You could sell some harvest 23 wheat now at £250 (nov 23) to mitigate the risk of buying expensive N,thats what i would do.
It's merely a finger point at Germany. A kind of "watch it".Get a full load, Putins turned off the gas to Poland.
In fact get two loads, Bulgaria just had its gas turned off.It's merely a finger point at Germany. A kind of "watch it".
Gas price rise, even discounted if your Russia selling to India, more than covers lost Bulgaria volumes.In fact get two loads, Bulgaria just had its gas turned off.
Exactly what I was about to post.You could sell some harvest 23 wheat now at £250 (nov 23) to mitigate the risk of buying expensive N,thats what i would do.
Gas opening up 10% this morningGas price rise, even discounted if your Russia selling to India, more than covers lost Bulgaria volumes.
Ah to be able to cut exports by 3 percent and see prices rise by ten percent. No wonder the Americans are loving this. Bet the qataris are too.Gas opening up 10% this morning
Let it to Clive he's on a roll.Fallow looking more likely by the day , sabbatical 2023
Houdini couldn't no till this .Let it to Clive he's on a roll.
Gas is still cheaper than a month or so agoAre we expecting another rise in fert prices again then? Urea @ £950 ish to go more? @farmerm get that load bought!!
its quite a simple question/answer.
as fert prices are high, and could go higher, less will be used, which means less product on the world market, if some countries restrict exports, or like Ukraine cannot sell it, the amount of available product, on the world market, will have more customers, chasing insufficient supplies, and that means higher product price.
And, product has to be bought, whatever the price, people cannot live without it, its a win win situation for growers. And yet many farmers seem to be very concerned about not using it, and producing less product. Get a nice big -sorry bad - weather event, in a major cereal growing area, and prices will rocket.
its quite a simple question/answer.
as fert prices are high, and could go higher, less will be used, which means less product on the world market, if some countries restrict exports, or like Ukraine cannot sell it, the amount of available product, on the world market, will have more customers, chasing insufficient supplies, and that means higher product price.
And, product has to be bought, whatever the price, people cannot live without it, its a win win situation for growers. And yet many farmers seem to be very concerned about not using it, and producing less product. Get a nice big -sorry bad - weather event, in a major cereal growing area, and prices will rocket.