Wheat into orbit

[teslacoils]

Brazil imports 6m tons of urea per year. That's a lot.

 

[Flatlander]

Any news as to why they won’t be getting any.

 

[milkloss]

A copy and paste
_------------------_
China's move to impose export restrictions on fertilizers will be felt worldwide. Beijing's increased scrutiny comes as global fertilizer markets have been battered by plant shutdowns and skyrocketing prices that may continue to boost food inflation well into 2022. Chinese Communist Party officials have called for stable fertilizer supplies and food security amid overseas turmoil.

On Oct. 15, Beijing implemented a new rule requiring additional inspection of fertilizer exports. The General Administration of Customs added new inspection requirements on urea to ammonium nitrate, according to Bloomberg.

Last month, a statement published on WeChat by the National Development and Reform Commission, China's top economic planner, urged local authorities to ensure stable prices by keeping fertilizer plants operating despite widespread power cuts. This call for adequate fertilizer supplies is critical for the country to sustain agricultural production amid mounting food security risks.

 

[Devil's advocate]

A copy and paste
_------------------_
China's move to impose export restrictions on fertilizers will be felt worldwide. Beijing's increased scrutiny comes as global fertilizer markets have been battered by plant shutdowns and skyrocketing prices that may continue to boost food inflation well into 2022. Chinese Communist Party officials have called for stable fertilizer supplies and food security amid overseas turmoil.

On Oct. 15, Beijing implemented a new rule requiring additional inspection of fertilizer exports. The General Administration of Customs added new inspection requirements on urea to ammonium nitrate, according to Bloomberg.

Last month, a statement published on WeChat by the National Development and Reform Commission, China's top economic planner, urged local authorities to ensure stable prices by keeping fertilizer plants operating despite widespread power cuts. This call for adequate fertilizer supplies is critical for the country to sustain agricultural production amid mounting food security risks.

Why are the Chinese so much more sensible than us?

 

[tullah]

Why are the Chinese so much more sensible than us?

We educate them here at our top institutions knowing only too well they will go home with the knowledge to have one over on us.

 

[shelly reynolds]

Why are the Chinese so much more sensible than us?

"You can't teach stupid" I was once told

We educate them here at our top institutions knowing only too well they will go home with the knowledge to have one over on us.

 

[yellow belly]

A copy and paste
_------------------_
China's move to impose export restrictions on fertilizers will be felt worldwide. Beijing's increased scrutiny comes as global fertilizer markets have been battered by plant shutdowns and skyrocketing prices that may continue to boost food inflation well into 2022. Chinese Communist Party officials have called for stable fertilizer supplies and food security amid overseas turmoil.

On Oct. 15, Beijing implemented a new rule requiring additional inspection of fertilizer exports. The General Administration of Customs added new inspection requirements on urea to ammonium nitrate, according to Bloomberg.

Last month, a statement published on WeChat by the National Development and Reform Commission, China's top economic planner, urged local authorities to ensure stable prices by keeping fertilizer plants operating despite widespread power cuts. This call for adequate fertilizer supplies is critical for the country to sustain agricultural production amid mounting food security risks.

How much do they export

they buy a lot of grains on the world market so starving the world of fertiliser may backfire

 

[milkloss]

How much do they export

they buy a lot of grains on the world market so starving the world of fertiliser may backfire

I gather they were supposed to be exporting a lot to India.

 

[DaveGrohl]

starving the world of fertiliser may backfire

Backfire on who?

That'll be us then.

Chickens coming home to roost. At last.

 

[yellow belly]

Backfire on who?

That'll be us then.

Chickens coming home to roost. At last.

if yield world yield average falls 10% due to not enough fertiliser on 2.6 billion tonne of grain
a 260 million tonne lower world harvest would see export bans in many countries
this would leave net importers with a big problem

world production matches world consumption in 2021

 

[Flatlander]

if yield world yield average falls 10% due to not enough fertiliser on 2.6 billion tonne of grain
a 260 million tonne lower world harvest would see export bans in many countries
this would leave net importers with a big problem

world production matches world consumption in 2021

About time some of the farmer hating governments go hungry.

 

[teslacoils]

Looks like it's up a few quid today.

 

[4course]

if yield world yield average falls 10% due to not enough fertiliser on 2.6 billion tonne of grain
a 260 million tonne lower world harvest would see export bans in many countries
this would leave net importers with a big problem

world production matches world consumption in 2021

there are a lot of ifs going forward .

 

[4course]

futures may 22seems to be stuck a couple of £below 220 reckon its the yo yo effect,same with nov 22 atm im nay nay dont think grain is there for may and too far ahead for next yearbut im tempted though I dont like the phrase " if thats the worst you sell at "

 

[yellow belly]

there are a lot of ifs going forward .

There alway are a lot of ifs
but if the stocks are in the store it hold the price down
stocks in the uk were bare boards in July and harvest was not as big as the trade expected
consumption is on the up with oil prices so high ( biofuel either mandated or not will get included in fuel Untill opec boost production )

May future now the one to follow highest close tonight again 217.5 over£50 up since July
grain imported into the uk is at a higher cost
nov futures now getting close so will be more volatile and only for those with very deep pockets

 

[4course]

There alway are a lot of ifs
but if the stocks are in the store it hold the price down
stocks in the uk were bare boards in July and harvest was not as big as the trade expected
consumption is on the up with oil prices so high ( biofuel either mandated or not will get included in fuel Untill opec boost production )

May future now the one to follow highest close tonight again 217.5 over£50 up since July
grain imported into the uk is at a higher cost
nov futures now getting close so will be more volatile and only for those with very deep pockets

my heart and gut tells me may will be well over 220 my head says be carefull,-- until all three align im shed door shut

 

[wanton dwarf]

my heart and gut tells me may will be well over 220 my head says be carefull,-- until all three align im shed door shut

Was offered £250/t this week for milling.

 

[4course]

Was offered £250/t this week for milling.

im on about feed but same principle applies, where do you think milling will be in may?

 

[wanton dwarf]

im on about feed but same principle applies, where do you think milling will be in may?

Well that depends on Nitrogen supply into next year really - around the world. A lot could happen with currency movements for a whole host of reasons.

COP26, USA, China, Russia and Taiwan.

Where is Gas going to come from to depress prices ?

I do wonder if certain forces have been mobilsed to cause a food shortage - where they will mandate less meat ? Along with Covid-19 ? Co-incidence or plan ?

 

[teslacoils]

If I sold the balance of my wheat at these prices, that's £990/AC output including straw but without bps. Yikes.