Silage / Straw / Hay Price Tracker

Derrick Hughes

Member
Location
Ceredigion
Good for them, if that's what they are happy with. Personally i would stick it in the barn and leave it a year if need be , but I understand that some haven't got storage.
you can't stick 4000 acres in a barn and leave it .they run a business that has a lot of costs . they need secure pricing year on year . Most I know are selling bellow those headline prices but get more in a bad year as it works both ways
 

Goweresque

Member
Location
North Wilts
I have spoke to two big straw produces this week who want to draw up long term contacts a garanteed price month by month .
Straw has been up and down for years . they ain't interested in a one year bonanza an 4 years of crap. that's why so many have sighed up for £40 ton power contracts becouse they don't want to be like spud boys. one good year then shat on for 3 .

Its no good signing up the suppliers to a fixed price purchase contract unless you can sign matching supply contracts with buyers. And my guess is that no-one will want to pay the 'fair' price when the market price is half that in a glut year.

Its basic human psychology - people are more averse to losses than wins, so the 'loss' when they're paying over the market price will not be compensated for by the 'win' of paying under the market price in another year. Also people all think they are above average, so all will think they can buck the market and get a 'good deal' all the time. Hence getting buyers to sign fixed price contracts will be difficult.

Plus people will not want to lock themselves into buying X tonnes of straw for 5 years, because who knows what their personal/business situation might be by then? More cattle, less cattle, no cattle, who knows, especially with TB?
 
That world is very rare these days. Why shouldn't straw be just like wheat or Barley, traded for the market price on the day.
Let's face it, the livestock men take their stock to market on the day they think they'll get the best price, never do they say, oh you can buy my cattle at the same price as last year because your loyal!
You need to get over it, straw is worth big money this year, and those of us with it are going to sell for the best price we can get. We are running businesses, not charities

actually there are plenty of farmers who sell their calves and stores direct to other farmers every year, doing exactly that
 

roscoe erf

Member
Livestock Farmer
Its no good signing up the suppliers to a fixed price purchase contract unless you can sign matching supply contracts with buyers. And my guess is that no-one will want to pay the 'fair' price when the market price is half that in a glut year.

Its basic human psychology - people are more averse to losses than wins, so the 'loss' when they're paying over the market price will not be compensated for by the 'win' of paying under the market price in another year. Also people all think they are above average, so all will think they can buck the market and get a 'good deal' all the time. Hence getting buyers to sign fixed price contracts will be difficult.

Plus people will not want to lock themselves into buying X tonnes of straw for 5 years, because who knows what their personal/business situation might be by then? More cattle, less cattle, no cattle, who knows, especially with TB?

nail on the f**king head (y)
 

goodevans

Member
there are those who sell to the highest bidder and those who sell a bit less in a good year and a bit more in a bad to a guy who's been having it for donkeys years and will bring is donkey back for many years to come. The guy who sells to the highest bidder this year will be moaning next year, there is no money in the job
but in reply to that why is straw different to grain or livestock we don't just take £120 ton for wheat this year because it might be £100 next and if you follow the livestock price tracker theres certainly no one on there that wants to take less than the current prices (I didn't say market prices as that may of been misinterpreted )
 
Last edited:

Derrick Hughes

Member
Location
Ceredigion
but in reply to that why is straw different to grain or livestock we don't just take £120 ton for wheat this year because it might be £100 next and if you follow the livestock price tracker theirs certainly no one on there that wants to take less than the current prices (I didn't say market prices as that may of been misinterpreted )
straw I think is different to any other crop as it's so close to break even cost at harvest that it only takes a small shift donward in price to put a lot off baling .
 

Surgery

Member
Location
Oxford
surely if you put it through an auction you will get paid as thats why commission is charged ,we have occassionally put a load up and never had any issues, we have occassionally done that with a spare load or 2
Quite agree , always sold privately but thinking there's too much risk involved this year with some merchants
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 105 40.9%
  • Up to 25%

    Votes: 93 36.2%
  • 25-50%

    Votes: 39 15.2%
  • 50-75%

    Votes: 5 1.9%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 12 4.7%

May Event: The most profitable farm diversification strategy 2024 - Mobile Data Centres

  • 1,664
  • 32
With just a internet connection and a plug socket you too can join over 70 farms currently earning up to £1.27 ppkw ~ 201% ROI

Register Here: https://www.eventbrite.com/e/the-mo...2024-mobile-data-centres-tickets-871045770347

Tuesday, May 21 · 10am - 2pm GMT+1

Location: Village Hotel Bury, Rochdale Road, Bury, BL9 7BQ

The Farming Forum has teamed up with the award winning hardware manufacturer Easy Compute to bring you an educational talk about how AI and blockchain technology is helping farmers to diversify their land.

Over the past 7 years, Easy Compute have been working with farmers, agricultural businesses, and renewable energy farms all across the UK to help turn leftover space into mini data centres. With...
Top