November 2020 Wheat £150/T

[Laggard]

At that price Is it really worth planting wheat like this?

 

[CJS]

At that price Is it really worth planting wheat like this?

Barleymows?

 

[Dockers]

OMG !

 

[JCfarmer]

Farmer is all drilled up then!?

 

[bobk]

Should be ok

 

[lloyd]

Killing the slugs and keeping the crows off will be fun.

 

[farmerm]

We all make bad calls from time to time but sometimes you need to know when to give up on a bad job!!

 

[Barleymow]

Barleymows?

no it's not mine

 

[Two Tone]

At that price Is it really worth planting wheat like this?

Absolutely NOT!

 

[Laggard]

Let’s hope it’s £200/t+.

 

[teslacoils]

No.

£450 an acre plus sub is the minimum output I can justify hooking the drill on for anything drilled in autumn.

 

[lloyd]

I cant understand why farmers buy their inputs
from the companies that are the main importers
of wheat and oilseeds.
Why give your money to those that are costing you?
No one has yet given a sensible answer to this.

 

[Clive]

Let’s hope it’s £200/t+.

“hope” is not how to run any business

 

[lloyd]

“hope” is not how to run any business

2012 was the year that showed imports
can sink our domestic price at a touch
of a button as one young trader gleefully put it.
I haven't done business with that agricultural
house since as a matter of principle.


I lived in hope then not now though.

 

[Roy_H]

I just shudder to think what price spring wheat /barley/oats/bean etc. seed will be next year for you lads No doubt there will be a shortage

 

[SilliamWhale]

I just shudder to think what price spring wheat /barley/oats/bean etc. seed will be next year for you lads No doubt there will be a shortage

Bean Seed is booked at £520
Barley has been booked but not priced. Thats with Agrii. We'll see how it looks. Hopefully its not a pee take

 

[teslacoils]

Bean Seed is booked at £520
Barley has been booked but not priced. Thats with Agrii. We'll see how it looks. Hopefully its not a pee take

It will be priced at whatever some poor sod will pay for it in three months time. It will be pants down and dont forget the vaseline time. Merchants will be trying it on on the basis of what someone else will pay on the day. Your "securing" some unpriced seed will not get you a good deal. I'd certainly not do it as an individual farmer. It's a recipie for a brutal bumming. You have no doubt planned an area for this and by spring you will take the terrible price or have to find another option.

 

[Clive]

Bean Seed is booked at £520
Barley has been booked but not priced. Thats with Agrii. We'll see how it looks. Hopefully its not a pee take

it will be a pee take !
Why on earth would anyone commit to buy anything without knowing the price ? !!! Crazy !

 

[Clive]

I might try this next time I SELL wheat

merchant can have it ........... I will let him know the price after he’s collected and used it

 

[teslacoils]

Just a note if thought that we know that margins are slim in the merchanting job. If we are set for a tiny UK crop at high prices, be extra sure to check that you can get some trade credit insurance as the consequences of a tiny UK crop hurt everyone and at £200 a ton I'd want to be doubly sure that id see the dosh. Expect similar squeezes on farmers too re early fert orders .