Frontier Fengrain tie up??

[Wiltshire Bob]

That's because they don't have any profits!!!

Obviously you have done your research...oh wait no. no you didn't

 

[Wiltshire Bob]

That’s not good to hear. Maybe it’s an area thing.We’re based in Essex and have started dealing with Cefetra with the local office at Sudbury approx 30min away.The service levels have been very good, with our Farm Trader making a real effort to understand our business and give myself and brother options that are unique to our own circumstances. It also helps that the accountant gave the green light to sell to them.
*Wiltshire Bob* have you tried dealing with a different Farm trader from your local office ? Not sure if you have one in Wiltshire? Did this years ago with another merchant and the service level improved dramatically.

Its a good point, I might give that a go, Cheers

 

[ajd132]

Obviously you have done your research...oh wait no. no you didn't

It takes 2 minutes to go online and see that they have posted a loss.

 

[Wiltshire Bob]

It takes 2 minutes to go online and see that they have posted a loss.

Then you would see that the year before they made a profit.

 

[Hay Hoe Lets Mow]

Then you would see that the year before they made a profit.

Openfield Results

2018: ???
2017: Loss of £3.3 million
2016: Profit of £1.7 million
2015: Profit of £2.4 million*
2014: Loss of £4.2 million
2013: Breakeven

*Note in 2015 Openfield sold the tonnage they owned at Camgrain , which contributed significantly to the reported profit this year.

 

[Honest john]

Openfield Results

2018: ???
2017: Loss of £3.3 million
2016: Profit of £1.7 million
2015: Profit of £2.4 million*
2014: Loss of £4.2 million
2013: Breakeven

*Note in 2015 Openfield sold the tonnage they owned at Camgrain , which contributed significantly to the reported profit this year.

See what I was saying. We never used to worry about grain merchants. It was the Spud people we had to worry about.

And when they do lose money it's us that are going to pay. One way or another.

 

[Farmer-George]

Openfield Results

2018: ???
2017: Loss of £3.3 million
2016: Profit of £1.7 million
2015: Profit of £2.4 million*
2014: Loss of £4.2 million
2013: Breakeven

*Note in 2015 Openfield sold the tonnage they owned at Camgrain , which contributed significantly to the reported profit this year.

Well done Openfield. Can’t imagine this year is going to look that cracking for them.

Will be very interesting to see their next set of accounts.

 

[Brisel]

Its a good point, I might give that a go, Cheers

I deal with Robin Webb who has always been excellent.

 

[Baling Hay]

Obviously you have done your research...oh wait no. no you didn't

Companies house says plenty! Plus I have a few friends who work in feed mills and guess who is the worst merchant for not showing up?

 

[Baling Hay]

Openfield Results

2018: ???
2017: Loss of £3.3 million
2016: Profit of £1.7 million
2015: Profit of £2.4 million*
2014: Loss of £4.2 million
2013: Breakeven

*Note in 2015 Openfield sold the tonnage they owned at Camgrain , which contributed significantly to the reported profit this year.

Selling assets to post profit? I wonder how Angus Cereals members feel about them too?

 

[Farmer-George]

Selling assets to post profit? I wonder how Angus Cereals members feel about them too?

Didn’t Openfield buy the site off the receiver?

 

[Baling Hay]

Seemingly ADM have bought all of Gleadell now, ADM Direct and Gleadell going to become ADM Agriculture.

The number of merchants available to sell to is shrinking daily!!

 

[Widgetone]

Seemingly ADM have bought all of Gleadell now, ADM Direct and Gleadell going to become ADM Agriculture.

The number of merchants available to sell to is shrinking daily!!

Yep, todays news. Big guys get bigger, 2 players become 1

 

[Brisel]

I've just had that email too. Union Invivo are selling their half share of Gleadell to ADM. Union Invivo are a French farmer co-op run by professionals. I had the opportunity to see them in Paris a few years ago with Gleadell (just after TFF was born & I met @Clive and @Alistair Nelson there too)

 

[Widgetone]

Should possibly need to rename the thread to ' Grain merchant developments daily wrap up '

So we have

Premier division
ADM Ag
Frontier
Openfield

Championship
Cefetra
Cofco
Glencore
Saxon

+ Indie league

Any omissions? ( or even emissions? )

 

[Brisel]

I think you've got the key players there.

Regional & niche merchants like United Oilseeds, Robin Appel, Dewing, Harlow Ag, North Herts, Grainco, Bartholomews, GB Seeds too.

 

[Widgetone]

Thanks!
So plenty of choice out there, be so much easier in a couple of months after the annual rationalisation season ends in March.

 

[D14]

The reason Openfield don't take their profits off to a foreign shareholder is because they haven't made profits lately. As others say - check Companies House records. Not trading with Frontier is a daft idea, it's like saying that you won't buy from Amazon.Just wait till we have block-chain data to deal with as well. Farming will move forward or go bust, time for self-serving thinking to change. Brexit will increase the rate of change. Darwin's rules will apply. Just saying.

We haven't traded with frontier for 8 years now as we got fed up of their attitude. Not saying we won't ever trade with them again but we've certainly not missed them. Farmers don't need frontier but Frontier do need farmers.

 

[Farmer-George]

Should possibly need to rename the thread to ' Grain merchant developments daily wrap up '

So we have

Premier division
ADM Ag
Frontier
Openfield

Championship
Cefetra
Cofco
Glencore
Saxon

+ Indie league

Any omissions? ( or even emissions? )

With the recent comments on Openfield not sure I’d put them in the Premiership!

 

[Baling Hay]

Should possibly need to rename the thread to ' Grain merchant developments daily wrap up '

So we have

Premier division
ADM Ag
Frontier
Openfield

Championship
Cefetra
Cofco
Glencore
Saxon

+ Indie league

Any omissions? ( or even emissions? )

Openfield premier division? Are you new to this thread?