Grain prices

[Crops]

Grain prices are after strengthening a nice bit in recent days.

Up around €10-11 /tn on Wednesday and another bit today.

All very welcome.

 

[Blackwater boy]

€210 for barley €220 for wheat? More maybe?

 

[Crops]

€210 for barley €220 for wheat? More maybe?

I think it was looking that way at the start of the week before it rose on Wednesday.

Of course in these times, it could drop on Monday.

The lack of exports from the Ukraine/Russia is the cause and I feel like it’s like water backing up in a pipe, it’ll still have to come out sometime….

 

[JamesK]

I think it was looking that way at the start of the week before it rose on Wednesday.

Of course in these times, it could drop on Monday.

The lack of exports from the Ukraine/Russia is the cause and I feel like it’s like water backing up in a pipe, it’ll still have to come out sometime….

Agree totally, the arse will most likly fall out of it before our price is set.

 

[Crops]

Agree totally, the arse will most likly fall out of it before our price is set.

To be fair, it’s dangerous volatility for Irish grain buyers too. The people who buy from them won’t have much sympathy if they pay a high harvest price and it falls after.
It wouldn’t be the first time that it happened. 2022 was rough.

 

[kverneland es 80]

190 barley 195 wheat on acc price at 20 % m and 62 bushel. paid today on all gain supplied up to last Sunday night barryroe coop

 

[Masseyrk662]

190 barley 195 wheat on acc price at 20 % m and 62 bushel. paid today on all gain supplied up to last Sunday night barryroe coop

Jesus that wouldn’t fill us with confidence

 

[thefarminglad]

I heard 220 for malt barley but not confirmed yet

 

[Blackwater boy]

To be fair, it’s dangerous volatility for Irish grain buyers too. The people who buy from them won’t have much sympathy if they pay a high harvest price and it falls after.
It wouldn’t be the first time that it happened. 2022 was rough.

Mills who buy F all Irish harvest grain would not be buying much at current prices in hope Black Sea grain will move again, it leaves native supporters of grain in a difficult place.

 

[kverneland es 80]

Jesus that wouldn’t fill us with confidence

I would be expecting a good bit more on top of that when prices are fixed and trading bonus ect .we averaged 205 on ours with the low moisture and good bushel

 

[Ozzy Scott]

To be fair, it’s dangerous volatility for Irish grain buyers too. The people who buy from them won’t have much sympathy if they pay a high harvest price and it falls after.
It wouldn’t be the first time that it happened. 2022 was rough.

no its not, the difference between paying €200, €210 or €230 isnt going to break any grain buyer or end user, but it will break the farmer producing it. its not as if grain is trading at €300 plus. merchants have successfully being able to abstract at least €320 to €350 for the last 12 months out of end users.

Merchants are well low on stock of native old crop grains, and also potential issues been flagged about supply of imported grains in the next year. the ball is in the grain sellers court. I have heard of €225 been paid, but thats probably a locational price.

 

[Ozzy Scott]

it leaves native supporters of grain in a difficult place.

they are selling a premium product, its their job to market it and show end users why its deserves a higher price

 

[Masseyrk662]

I would be expecting a good bit more on top of that when prices are fixed and trading bonus ect .we averaged 205 on ours with the low moisture and good bushel

Ohhh I follow you now, I thought that was final price, I nearly got sick

 

[Bog Man]

Merchants make their money by selling inputs to grain growers. They sell a minimum of €100 a tonne of chemicals and fertilizer for every tonne we produce. Buying back the grain and selling it to reluctant price sensitive buyers is only a nuisance to them . There is no one being farmed here only the grain growers.