- Location
- North Yorkshire
What have the harvest pools and Aug-Dec pools manage to achieve this season for wheat and barley?.
Pool prices
- Thread starter jjm
- Start date
- Location
- North Yorkshire
In every message or call I have received since harvest the words “this is a selling opportunity, there are world record wheat stocks out there”. I listened to the advice and as a result my pre Christmas average for wheat will be at least £25/t lower than today’s spot price. Have the same grain traders listened to their own advice?!.
- Location
- Lincolnshire
When you find a rep who says "no, you don't want to be selling yet" you know you've found a good one. Last one we had like that retired a bit ago now.
Maybe that's because its private info same as buying price for fert is from buying groups ,
- Location
- Lincolnshire
Adm / gleadell pool prices are always published.
Historical pool/wheat fund performance - Agri
The ADM Agriculture pool offers farmers a proven, hands free grain marketing service. ADM Agriculture is able to tap into world and European market
adm-agri.co.uk
Although that will cause the usual raft of "I sold mine for X more" they can usually provide enough evidence to show that most of their farmer selling for the same period was actually worse.
yellow belly
Member
- Location
- south west lincolnshire
In a low harvest year short term autumn or harvest pools have no opertunity to beat the spot prices
if they did they would have taken more risk on by holding to the last minute before pricing
if a farmer puts it in an early movement pool it is because they want movement
if they did they would have taken more risk on by holding to the last minute before pricing
if a farmer puts it in an early movement pool it is because they want movement
lloyd
Member
- Location
- Herefordshire
These pool prices look rubbish .
May aswell have the fun of gambling
it yourselves on market spikes.
May aswell have the fun of gambling
it yourselves on market spikes.
- Location
- Bedfordshire
They look rubbish compared to todays spot.
I bet we can all better them some years (and I mean our average price not best price) , and will not others. I don't believe that anybody can better them significantly every year. If they can they should give up farming and trade grain futures.
- Location
- Herefordshire
I can never understand committing wheat to a harvest pool controlled by a grain buyer.Surely they can drag out of their own pool ,when needed,rather than moving into the open market to buy so putting upward pressure on prices.Or am I missing something ?
If it was a pool operated by an independent marketing company I could understand.
If it was a pool operated by an independent marketing company I could understand.
- Location
- Northumberlandia
find out some of my harvest thats cashed in end of this month or just before so will try n put sum honest figures up for ya.
Spring Barley/milling & biscuit wheat/Peas & Milling Oats got the rest in medium pool so fingers crossed
its just a gamble anyways
Spring Barley/milling & biscuit wheat/Peas & Milling Oats got the rest in medium pool so fingers crossed
its just a gamble anyways
I agree. Did 3 years of using Openfield harvest barley pool and beat it for three years with my own harvest barley so do my own now. But haven’t seen whether I’ve beat it the last 3 which is stupid of me.
I don't have much to sell but like you I think I have done fairly well in the past, but it's on a long pool now because,
1. It should benefit from forward selling in periods of fluctuations.
2. If I'm on the ball I still only ring the merchant once a month and that's not good enough to catch a peak.
3. When is the peak?
4. Have I missed it?
5. I like payments at similar times each year for tax planning (if applicable)
It's only the second year for me so I have no idea what I would have done or what was right last year anyway.
Hold I suppose!
Can you not look it up retrospectively? AHDB has historic ex farm prices, so you could soon knock up a spreadsheet to work out what you'd have got by selling a bit each day over your marketing or their pool period.
If you take the ex farm average price for whatever period you want to see, be aware that the respective pools opened a long time ago in a very different pricing market. Hindsight is always wonderful, especially in the rising market of 2020.
The pool managers have to make sales against tonnage as it is committed or at least take futures positions to hedge the price. The traders will have an opinion that the market is under or over valued at the time, so will add value by slowing or speeding up sales - they need to in order to attract growers to their pools and cover their own costs on top.
The pool managers have to make sales against tonnage as it is committed or at least take futures positions to hedge the price. The traders will have an opinion that the market is under or over valued at the time, so will add value by slowing or speeding up sales - they need to in order to attract growers to their pools and cover their own costs on top.
- Location
- Sedgefield
I have given up on the pool
The 4 Years I was in one I beat the price on my own selling
I watch the market carefully ... daily... and sell one or two load at a time. ( sometimes 3 or 4)
it’s a scattergun approach that needs carefull managing but I like a bit of trading
(used to do A bit of sharedealing Day Trading / trading as a hobby so used to the graphs and charts and trading stuff )
The 4 Years I was in one I beat the price on my own selling
I watch the market carefully ... daily... and sell one or two load at a time. ( sometimes 3 or 4)
it’s a scattergun approach that needs carefull managing but I like a bit of trading
(used to do A bit of sharedealing Day Trading / trading as a hobby so used to the graphs and charts and trading stuff )
yellow belly
Member
- Location
- south west lincolnshire
Do you beat a tracker that sell a proportion each day for the period of the pool