glasshouse
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Whats the feed price in your locality?Skyfall.
Whats the feed price in your locality?Skyfall.
Whats the feed price in your locality?
£650 a ton ammonium nitrate costs £165 an acre wheat
So same proportion for £250 a ton AN is £63.
That would cost 0.315 of a tonne of Wheat at £200
So using £650/t AN as a factor the price of Wheat should be £523/t
There are urea making factories here but like the uk sometimes it’s cheaper to import from Russia or China. Can’t see that being the case this year. A number of ships were delayed with last spring bringing phosphate from I think N Africa area because of COVI. Was hoping that with them missing the spring rush there would have been some cheap tonnages looking for a home over the summer but apparently not .So why not make urea in canada?
Therein lies the problem, a lot of younger farmers think todays prices are good and need to order a new Fendt ASAPI was at school in 1987.
Therein lies the problem, a lot of younger farmers think todays prices are good and need to order a new Fendt ASAP
You would have loved it in the 1980's a new Fendt each would be no problem.Hmmm. A bit of a generalisation there. I'm a tight git, probably too tight as it gets in the way of innovation.
Happened a few times this way TBH. The Fendt GPS has been a revelation to both me and the old man. That means we can keep farming for a few more years together I hope.
Actually got a smile from the old man when I setup the GPS, explained how it worked and he was controlling it himself.
You would have loved it in the 1980's a new Fendt each would be no problem.
When I bought my first cat tractor my dad come from the uk to visit. Didn’t want to drive it at first but once I’d convinced him that he’d have to or the job wouldn’t get done right he smiled and made a start. Gps was set but he refused to use it but the rows were terrible,apparently the tractor wouldn’t steer straight lol. Once on the gps you couldn’t get him out of that tractor. He said one night how his life had gone down hill jokingly as he started farming with horses but now he’s driving a cat. Good memories working with him in the fields.More interested in the old man being happy than the machinery. Don't get me wrong - I've used 25+ year old tractors with no air conditioning and dust in the cabs. It's nice to be clean and cool though.
Drought in Afghanistan tooIran Set to Import a Record Amount of Wheat
Following a recent drought that affected Iran’s wheat crop, the country requires a record-breaking 8 million tonnes this year. This jump in imports will coincide with high global grain prices adding to pressure on the country’s finances. Iran suffered its worst drought in 50 years during the 2021 growing season (April to August), leading international trade house sources to raise their expectations for imports. Bread is an Iranian staple and any shortage is a concern for the Middle-Eastern country.
Iran Set to Import a Record Amount of Wheat
Following a recent drought that affected Iran’s wheat crop, the country requires a record-breaking 8 million tonnes this year. This jump in imports will coincide with high global grain prices adding to pressure on the country’s finances. Iran suffered its worst drought in 50 years during the...www.tridge.com
Up date from my first post on this thread, (apologies for being so negative), now I'm starting to get excited. as someone said before "a bull needs feeding" there appears to be far more information coming out to imply a further rise than a drop. . But my cash flow is hurting real bad so I may have to start soon.Wheat futures up £3.80 nov today
The grain merchants make their money from the small margin they take it is irrelevant to them that it is 100 or 250I like this thread because it says that farmers need to breakout of a negative mindset on prices. We have always been price takers. just taking the best we can get which is often £5 above feed price for malting or milling or something equally patronising. We need to stop tugging our forelock and practice our poker face when the merchant offers £200 per ton and say "come back when it's £300". There is no reason that grain can't go to that level. Between it's demand for foodstuffs and energy production, this is the year that the boot is on our foot.
So, I say, keep your shed doors shut. Laugh at the grain company reps with their "least they can get away with offers" until grain reaches a completely new market level.