Just goes too show how wheat has been devalued. If true.

[Green oak]

 

[TripleSix]

Supply and demand?

If the oil prices drop they cut production.
We strive to produce more

 

[Green oak]

Supply and demand?

If the oil prices drop they cut production.
We strive to produce more

Would you say where IMPUT dependant.

 

[farmerm]

UK population has risen 33 fold from just 2million to 66million since 1264

UK Wheat yield has only increased 8 fold.... Demand should have outstripped supply....

 

[Hilly]

Subsidy worked then

 

[Christoph1945]

Can it be compared against maize?

View attachment runaway-maize-june-2015.pdfView attachment runaway-maize-june-2015.pdf

 

[PSQ]

For a rough approximation, the price fell by three quarters as yield quadrupled, so output per acre is roughly the same.

 

[glasshouse]

For a rough approximation, the price fell by three quarters as yield quadrupled, so output per acre is roughly the same.

Output means nothing

 

[glasshouse]

£800 is where it needs to be

 

[yellowbelly]

UK population has risen 33 fold from just 2million to 66million since 1264

UK Wheat yield has only increased 8 fold

Not much rice and pasta eaten in 1264 though

 

[neilo]

£800 is where it needs to be

That would increase the earning capacity of rented holdings though, then those thieving landlords would have it away in rent....

 

[Hindsight]

Wonder what the deduction was for moisture claims in 1264.

 

[Cowmangav]

Yeah ,but that would crash the living standards of the 50% of lower earners.

 

[Hindsight]

Oh and does anyone know if there was a market for non assured wheat in 1264? Askin' for a friend.

 

[Nick Adams]

UK population has risen 33 fold from just 2million to 66million since 1264

UK Wheat yield has only increased 8 fold.... Demand should have outstripped supply....

more acres + imports

 

[neilo]

Oh and does anyone know if there was a market for non assured wheat in 1264? Askin' for a friend.

Notifying the fella with the biggest bucket in the village about your fertiliser storage might be an issue?

 

[Nick Adams]

Not much rice and pasta eaten in 1264 though

and no spuds

 

[PSQ]

Output means nothing

I’m perfectly happy with where prices and output are right now. And while we might moan about machinery and input prices, at least we don’t have to look at a horses arse all day.

A bit of context, up until the 1700’s the arable land on this farm was split into 7 ‘husbandlands’, each was 27 acres which was as much as a family with 2 oxen could look after. While wheat might have been worth the equivalent of £1200 a tonne I bet the poor buggers would gladly swap for what we have now.

 

[Robt]

£800 is where it needs to be

Why? Yield is x4. If it was £800’oer tonne you would all be driving electric Porsches and skiing! What is graphs like for bread price compared to inflation or fuel price ( petrol) compared to inflation or rent or....

 

[Hindsight]

Notifying the fella with the biggest bucket in the village about your fertiliser storage might be an issue?

I just wondered about calibration for the bucket! And as you quite correctly point out the appropriate hazard warning signage - heraldic, I presume