The latest issue of Feedcast sees Chris Davidson discuss the markets reactions to the war in Ukraine.
Prices are continuing to be in a state of flux and have hit record highs in the majority of all commodity markets. This is due to the concern over the lack of supply coming from the black sea region for the foreseeable future.
Closer to home we are beginning to see more interest in the EU grain supply, however getting quotes on large amounts of material is very challenging. The UK remains focused on feed supply and waiting to see what happens.
Price changes are significant on an hour to hour and day to day basis at present, making buying decisions difficult to stomach but also difficult to predict given prices are higher than ever before. You need to ensure you have secured the material you need and ensure you get it before you need it rather than thinking about price, as getting an offer at the moment is likely to get harder before it gets easier.
Continue reading...
Prices are continuing to be in a state of flux and have hit record highs in the majority of all commodity markets. This is due to the concern over the lack of supply coming from the black sea region for the foreseeable future.
Closer to home we are beginning to see more interest in the EU grain supply, however getting quotes on large amounts of material is very challenging. The UK remains focused on feed supply and waiting to see what happens.
Price changes are significant on an hour to hour and day to day basis at present, making buying decisions difficult to stomach but also difficult to predict given prices are higher than ever before. You need to ensure you have secured the material you need and ensure you get it before you need it rather than thinking about price, as getting an offer at the moment is likely to get harder before it gets easier.
Continue reading...