Real Margins

A J Rimmer

Member
Mixed Farmer
I'm not an arable man but am interested in the current situation.

I was with 2 pals the other day, one of whom was delighted at the price he was getting for his wheat, the other, whilst glad the price is up, reckons due to the huge rises in inputs everyone is kidding themselves and margins are actually currently squeezed.

What's the general htoughts?
 

7610 super q

Member
Arable Farmer
Yeah. wheat/ barley in the £200-250 range OK. If it drops back to £100....:eek:
The main thing is the weather. Folks seem to have forgotten 2020 already. Spring drought followed by monsoon harvest = 2 ton/ acre ( Probably less ) here.
 

teslacoils

Member
Location
Lincolnshire
Cost of growing wheat, if you got your fert somewhere in the middle, around £50/AC dearer than last year. Ah chem up a little bit. Diesel up.

Harvest wheat at £200/t and a normal crop, then I'd say margins are up on normal. Last harvest margins were really good.
 

Oldmacdonald

Member
Mixed Farmer
Location
Scotland
I'm not an arable man but am interested in the current situation.

I was with 2 pals the other day, one of whom was delighted at the price he was getting for his wheat, the other, whilst glad the price is up, reckons due to the huge rises in inputs everyone is kidding themselves and margins are actually currently squeezed.

What's the general htoughts?

One of your pals is an optimist, and one of your pals is a pessimist.
 

D14

Member
I'm not an arable man but am interested in the current situation.

I was with 2 pals the other day, one of whom was delighted at the price he was getting for his wheat, the other, whilst glad the price is up, reckons due to the huge rises in inputs everyone is kidding themselves and margins are actually currently squeezed.

What's the general htoughts?

Currently selling wheat at £270/tonne and managed to buy next years Nitrogen at £230/t so assuming normal yields we will be doing well over 2 years of accounts. However in 2023 if input prices remain where they are we will be loosing money without a doubt.
 

A J Rimmer

Member
Mixed Farmer
Currently selling wheat at £270/tonne and managed to buy next years Nitrogen at £230/t so assuming normal yields we will be doing well over 2 years of accounts. However in 2023 if input prices remain where they are we will be loosing money without a doubt.
Thanks for the honest and sensible reply
 

Adeptandy

Member
Arable Farmer
Location
PE15
Wheat & Barley prices may be good now, but early selling & break crops for some of us will kill any chance of a profit this year 🙈
 

Wombat

Member
Location
East yorks
Yields this year were a bit down on normal as a dry spring and wet july knocked a bit off but better than 2020 with all spring cropping, prices are good higher than for a while and fert was £230 for this year but £450 for next year so i would say up a tad on normal
 

Secret Agronomist

Member
Arable Farmer
Wheat & Barley prices may be good now, but early selling & break crops for some of us will kill any chance of a profit this year 🙈
Yep, my wheat this year will be just on 200 average! Will I manage that next year? Fert bought early so should be ok. The root crops are what worries me, carrots and potatoes have contract prices that are in no way aligned with agricultural inflation, also heavy users of fuel. At least I don't have to worry about landlords wanting higher rents.
 

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