Low N Malting Barley.

[Frodo]

The trade seem to want to move away from farm sampling, which I think is a shame, because rejecting on intake is expensive for everyone. It would be much better, but Unfortunately policing it is impossible.

 

[Chae1]

The trade seem to want to move away from farm sampling, which I think is a shame, because rejecting on intake is expensive for everyone. It would be much better, but Unfortunately policing it is impossible.

Depends on the merchant.

We just had 1 that wasn't farm sampling this year. Only 1 that I'm aware of that wasn't sampling on farm.



Its important in my opinion to have merchants on farm. Gives them a idea of quality and tons etc. A decent merchant will know as soon as they look at pile if its any use or not, and tell you.

Ironically I had 0 rejections from merchant that never visited our farm this harvest! Took 16 loads.

 

[Farmer Fin]

Are people getting their 20% of bairds stuff away? I was struggling to get them to take a load last week which would be my futures done as it was the 20% and was told they were still taking in the 80%. Know for a fact that farms have had the lot lifted and extra on spot. Seems like the whole job is one rule for someone and a different rule for someone else.

 

[Happy]

Are people getting their 20% of bairds stuff away? I was struggling to get them to take a load last week which would be my futures done as it was the 20% and was told they were still taking in the 80%. Know for a fact that farms have had the lot lifted and extra on spot. Seems like the whole job is one rule for someone and a different rule for someone else.

Are they not just taking an average price between what you sold on futures and the spot price and paying you that on what you deliver rather than individual loads as futures ones and spot ones?
Asked my merchant about movement of my 20% last week. Was told they hadn’t started moving any of that yet
Still got a couple of loads on contract to fill elsewhere so will be going there instead if they can’t commit to it.

 

[Farmer Fin]

Are they not just taking an average price between what you sold on futures and the spot price and paying you that on what you deliver rather than individual loads as futures ones and spot ones?
Asked my merchant about movement of my 20% last week. Was told they hadn’t started moving any of that yet
Still got a couple of loads on contract to fill elsewhere so will be going there instead if they can’t commit to it.

No. If you look at your delivery numbers they are different. They split your futures at 80% and your harvest average at 80%. Your first loads will have gone against your 80% of futures, once that they then allocate against 80% harvest average. Leaving you with half futures and half harvest average.

 

[Colin]

100% clearance of Diablo "here" all in spec and shifted in 2 days, all done 3 weeks ago. What are they playing at!





















Mind you it was only 4 loads and had been grown with loads of N just to get yield, did 3.2t/ac only got £130/t for it mind! Mmmm maybe thats the reason!

 

[M-J-G]

That's a disgrace.

Shows how inconsistent
/unreliable there sampling processes are.

Also shows they aren't rejecting it because of name on passport and price it was sold for.

It shows how much they don't want it.

 

[beltbreaker]

It was obvious in March there would be oversupply with the crap winter planting last back end. A big carry over from 2019 due to the lockdown hasn't helped.
Also there was not a lot of give and take with pricing from the Distillers very little 50:50 which is what NFUS argued for from memory. Lots sold on a "Spot"or "TBA" basis which will have skewed the price. Large yields up here and Aberdeenshire is not helping too.
Next worry for 2021 is how Brexit and Covid work for whisky sales it took until early 2010 before the distillers realised they had a problem of oversupply worldwide after the credit crunch. Potentially there is a fair bit more wheat in the ground in Scotland so that should help but not a lot.
Guaranteed next Feb/March the press will be full of sow malting barley the future is sound then come June there will be stories of full stores of barley in Scotland and full stores of whisky worldwide and this time next year we will all be girning...

The main problem is the pricing mechanism, wheat futures + is a positive way in which the farmer takes responsibility and can only moan at himself if you could do some at wheat future and even some at wheat futures +0 it would save wailing and nashing of teeth.

TBA is a crock it is decided by a distiller once they know how much barley is available and the quality. It used to be decided in June and has got later and later.