Read in a financial paper once, that people who locked in fixed interest rates were worse off 80% of the time.Heard lots of stories on here of badly fixed milk (yewtree/muller/lidl). Must be someone who has fixed well in the past?
Hope notRead in a financial paper once, that people who locked in fixed interest rates were worse off 80% of the time.
The margin is quoted in the deal,I’d say it’s pretty good.Yewtree dont make any more less out of the fixed price contracts, their margin is built in either way. They’re just giving producers options, which is no bad thing.
Heard lots of stories on here of badly fixed milk (yewtree/muller/lidl). Must be someone who has fixed well in the past?
It’s their farm name,they started out as a small farmer retailer.I cannot understand why a dairy processor would name themselves after a tree that is so toxic to cattle.
An omen, perhaps.
All well and good this "fixing both ends of the chain", but who has feed, fert, fuel, labour, contractors, electric , machinery etc.. all fixed for the duration of the offer?
Or maybe it's just me who is disorganised?
Some people view it as an insurance policy.Hope not
I’d say anyone who fixed anything 12 months ago or prior is currently substantially defying those odds,Read in a financial paper once, that people who locked in fixed interest rates were worse off 80% of the time.
Fixable at about 90p!Only thing I haven’t fixed is diesel.
Feed fixed all the way to end of '24?The margin is quoted in the deal,I’d say it’s pretty good.
I fixed in 2018,I gained 2p at the time.
It’s their farm name,they started out as a small farmer retailer.
Only thing I haven’t fixed is diesel.
I'll bet the milk companies do but I'll bet that the farmers don't...Do these “fixed” price contracts have exclusion clauses, like force majeure?
If you were to fix, would you be committed to Yew tree for the length of contract and so not be able to move buyer if you wanted?Just got our email today, apparently there was a problem with the email.
So, just sitting down with the figures now.
Our average litre over first half of the season would return around 37p, up to about 43/44p this time of year.
Considering we fixed well only around 3 years ago on a similar deal at 28p, current costs and how the cfp and repayments figures have changed are frightening.
The deal is doable and a bit of certainty would be very welcome (bought fert and just confirming feed tomorrow). The problem is that it comes on the back of a very expensive year, meaning that just about doable isn't really enough. But maybe fixing a percentage is the way to go...
If you were to fix, would you be committed to Yew tree for the length of contract and so not be able to move buyer if you wanted?