Grain Pool Results

Hereward

Member
Location
Peterborough
Over the last decade I reckon selling it off the combine would of netted a better averaged result than any 'professional' marketing.

Plus no storage or cash flow considerations.
 
Location
UK
The Glencore Agriculture UK OSR Harvest Pool achieved £300/t ex farm + Oil bonuses (nationwide).

Last year's OSR pool results are as follows:
Harvest 2017: £302 ex farm + oil bonuses
Oct/Dec 2017 : £320 ex farm + oil bonuses
Full Season 2017: £310 ex farm + oil bonuses

Subscription for next year as a result has been good, speak to a member of our Farm Trading Team on 01844 261261 if you want more information.
 
GrainCo I think did £171.

Sounds like a very strong result. Even being mindful the GrainCo base prices will always be higher that the merchants with East Anglian base prices (who then add on location premiums for the N.East / Yorkshire etc), but the GrainCo team seem to always produce consistent strong pool results.
 
The Glencore Agriculture UK OSR Harvest Pool achieved £300/t ex farm + Oil bonuses (nationwide).

Last year's OSR pool results are as follows:
Harvest 2017: £302 ex farm + oil bonuses
Oct/Dec 2017 : £320 ex farm + oil bonuses
Full Season 2017: £310 ex farm + oil bonuses

Subscription for next year as a result has been good, speak to a member of our Farm Trading Team on 01844 261261 if you want more information.

Thanks for the information about your OSR pool result Glencore.

Can you please confirm if your feed wheat ex farm base price was actually £142.50 and also your feed barley ex farm base price?

Thanks
 
Location
UK
Thanks for the information about your OSR pool result Glencore.

Can you please confirm if your feed wheat ex farm base price was actually £142.50 and also your feed barley ex farm base price?

Thanks


Thank you for your response.

Yes we did achieve £142.50/t (plus milling premiums where applicable) as an average for our feed wheat pool nationwide.

For feed barley, we achieved £135/t as an average nationwide. Most of this was cut and moved by the end of July, and at the time higher than most of the forward values during the 2017 season.

Hope this helps.
 
For good order sake - you say "as an average".... that's not the same as a base price is it? If it therefore fair to assume that a Glencore harvest pool member in a lower valued part of the country (e.g East Anglia) would be getting a harvest pool result below your "average" £142.50 (wheat) and £135.00 (barley)?

I am not trying to trip you up, I am just keen to compare results like for like and would appreciate the clarity (y)
 

principal skinner

Member
Arable Farmer
Location
Bedfordshire
My winter barley was all moved in July and achieved a lot more than £135, it was £140 odd in May.

What is the attraction to pools? I’m new to selling grain and really can’t see the point in them.
 

Brisel

Member
Arable Farmer
Location
Midlands
Surely with committed pool tonnage there is an inevitable bias toward selling forward ?

It would be a very brave pool trader who had tonnage on the books since the pool closed 6 months before harvest who didn't sell something before harvest when it is all supposed to be collected as available?!

I think there would be some gasps if people knew how differently the pools were managed and hedged...

Of course in TFF every member sells every tonne for more than any pool price :whistle:
 

shakerator

Member
Location
LINCS
It would be a very brave pool trader who had tonnage on the books since the pool closed 6 months before harvest who didn't sell something before harvest when it is all supposed to be collected as available?!

I think there would be some gasps if people knew how differently the pools were managed and hedged...

Of course in TFF every member sells every tonne for more than any pool price :whistle:

It’s not a question of bravery it’s a question of whether the decision is a totally neutral one. Merchants need trades , to be passive in the market doesn’t pay bills.
 

Frodo2

Member
I am surprised at the variation in the pools. Do they all have different objectives?

I would have thought most would just sell a proportion every day, thus achieving an average, something individual farmers can't thus providing a service.

If a pool delivered top price think I would be questioning the management more than anything.

With a high harvest price it is really easy to forget t that the futures price through 2017 was relatively stable.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 80 42.3%
  • Up to 25%

    Votes: 66 34.9%
  • 25-50%

    Votes: 30 15.9%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 7 3.7%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,292
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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