Would i be nuts?

[Jdunn55]

I've had my daily text come through from my feed rep to say hipro soya is £408/t for november/December contract

Would it be ridiculous for me to contract 3kg/cow for september-april?

It seems a bloody good price to me...

 

[betweenthelines]

Best thing you can do is cancel the daily text.

 

[Jdunn55]

Best thing you can do is cancel the daily text.

Why? I only look every now and again, I was expecting £500/t so was shocked at 400!

 

[betweenthelines]

It's just another way of someone trying to take your money!

And it looks like he might succeed.

 

[Chimera]

It's just another way of someone trying to take your money!

And it looks like he might succeed.

On what basis are you making this assumption? Do you expect soya to fall below that?

 

[dinderleat]

I've had my daily text come through from my feed rep to say hipro soya is £408/t for november/December contract

Would it be ridiculous for me to contract 3kg/cow for september-april?

It seems a bloody good price to me...

I’ve booked soya rape at £320 for next winter shop around

 

[Zippy768]

Tbf there has been big rises in the price of hipro soya since last Wednesday

 

[Jdunn55]

I’ve booked soya rape at £320 for next winter shop around

Who's that with please and what size load? Is that 50:50 soya:rape?

I can only take 3t/delivery atm, unless I buy a bin as well..

 

[betweenthelines]

On what basis are you making this assumption? Do you expect soya to fall below that?

On the basis that @Jdunn55 is now thinking about buying something today for a price that doesn't look competitive.

I'm not just talking about soya or a single feed rep, lots of people are trying to take advantage of a young farmer's naivity.


But then, that's business in a free market economy.

 

[Tasteless]

Thought this winter is when they decide we get put on north America soya as a whole continent or if we remain as south america. Most fellas selling soya at that time period are baking the prices up to mitigate risk,and ofc feat mongering about it too. Likely whole EU will be on North American soya this time next year. Definitely less risky to just wait it out and keep on spot price. I've seen it south of £380t spot a few places, artic blown.

Still think optigen is competitive for a similar job as soya.

 

[Bald Rick]

Surely your milk buyer is incentivising you to move away from soya? Even Leprino will pay 0.5ppl sustainability premium to stop using it

 

[celtis man]

On the basis that @Jdunn55 is now thinking about buying something today for a price that doesn't look competitive.

I'm not just talking about soya or a single feed rep, lots of people are trying to take advantage of a young farmer's naivity.


But then, that's business in a free market economy.

Yes but the haulage down to @Jdunn55 would be more expensive keeping the delivered price to him higher.
Personally don't think he is naive for thinking forward

 

[betweenthelines]

He's naive for allowing people to bombard him with messages trying to sell stuff.

No one in their right mind would have a daily face to face with a sales rep, why let the basta sales reps pester you by phone?

 

[celtis man]

He's naive for allowing people to bombard him with messages trying to sell stuff.

No one in their right mind would have a daily face to face with a sales rep, why let the basta sales reps pester you by phone?

Because from what I hear that's what reps do... it's their job to help you out of your hard earned
The trick is apparently to be one step ahead of the blighters

 

[O'Reilly]

He's naive for allowing people to bombard him with messages trying to sell stuff.

No one in their right mind would have a daily face to face with a sales rep, why let the basta sales reps pester you by phone?

It's not so bad, he's taken the prompt, and asked his peers if it is sensible. He could have waited until the autumn and taken whatever price was on the day, which might be £600 by then.

 

[O'Reilly]

The 3t drops will be quite expensive mind.