Grain prices

Discussion in 'Tillage' started by gone, Oct 21, 2013.

  1. gone

    gone Well-Known Member

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    August Maize is after jumping nearly €20 in the last week or ten days, old stock Maize must be in very short supply. This, while good news, will not on its own lead to a rise in the harvest grain price, November Maize price is €14 behind the August price.
     
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  2. Iggy

    Iggy Well-Known Member

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    Glanbia offering an extra 3 euro on barley. Gone from 136 last week to 139 this week.
     
  3. Masseyrk662

    Masseyrk662 Well-Known Member

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    @gone in 2018 when did the evidence of higher prices show ?
     
  4. gone

    gone Well-Known Member

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    From June till September.
     
  5. Claas Grass

    Claas Grass Well-Known Member

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    @gone got a call from a merchant who I do a bit of dealing with, never grain though, he was looking for my winter barley, says he'll pay an extra €5 over the big 2 players, is there a demand appearing
     
  6. Rebelman

    Rebelman Well-Known Member

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    Great to hear it. What’s driving the price rise?
     
  7. Masseyrk662

    Masseyrk662 Well-Known Member

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    Well @gone any changes lately ?
     
  8. Ozzy Scott

    Ozzy Scott Well-Known Member

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    Maize €105 a ton export in the US, and still they grow circa 90million acres. :scratchhead:
     
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  9. gone

    gone Well-Known Member

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    Sorry for the late reply.
    Yes there is demand, driven by what will be a very small harvest probably even smaller than 2018 around here, and a shortage of European Maize till the harvest, but that is dampened by a very depressed US grain market. I really don't know which of these 2 opposing forces will win, but the Irish market can't defy gravity, so for any real rise in prices the US market will have to rise.
     
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  10. gone

    gone Well-Known Member

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    Local markets are short of grain and the world market is flooded.
     
  11. gone

    gone Well-Known Member

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    Some states are even below $100/T, €85 :censored:, thanks Trump.
     
  12. Ozzy Scott

    Ozzy Scott Well-Known Member

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    That's the price I would be thinking €85, and they happy to produce 90million tons.
     

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