Grain prices will rise by more than €10 per tonne

  • Grain prices will rise by more than €10 per tonne
    FarmIreland.t. E.
    Grain prices have hardened by about €10/t over the past few days amid reduced crop forecasts in Ireland, the UK and on the continent.
    https://www.independent.ie/business/farming/tillage/grain-prices/grain-prices-rise-by-over-10-per-tonne-37200032.html
    https://www.independent.ie/business/farming/article36008946.ece/1030c/AUTOCROP/h342/2017-08-08_bus_33410687_I1.JPG

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Grain prices have hardened by about €10/t over the past few days amid reduced crop forecasts in Ireland, the UK and on the continent.

And farmers believe prices will continue to strengthen in the coming weeks, as the worst in Europe, drought in a generation continues to bite.

While solid prices for the crop have not been eliminated, merchants, farmers reported that informal quotes for wheat and barley from the combine increased to €175-185/Ton, with a dried grain of €205-210.

Report manufacturers, merchants and malting company, contacting them over the past week in an attempt to maintain harvest at current prices.

However, manufacturers are not in a hurry to make prices or to sell grain to the General consensus that prices will rise further.

“Grain prices are not only going one way — that is,” one producer Kildare well maintained.

“Every grower with any storage sheds”.

Recent price hikes were caused by events in Britain and Europe. The estimate for the German wheat crop has been reduced to 18 million tons, while Swedish grain harvest, according to forecasts, 40 PCs back to the middle tier. This means that the Scandinavian States will shift from a traditional exporter to importer to meet domestic needs. The wheat harvest in England has just begun, but there are growing concerns about the General harvest of grain crops in the spring is particularly strong.

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Cutting spring barley and winter wheat have become over the past few days, pausing due to the bad weather last week.

Gives

The first signs that winter wheat yields are variable, with grain ranges from 2.5 t/AC to more than 4T/AC in exceptional cases.

Carlow-consultant farm Pat Minnock said he heard yields up to 4.5 t/AC but he said most were averaging around 3.5 t/AC.

“It’s back 0.5-0.75 t/AC on normal yields,” he said.

In South Tipperary winter wheat usually yields about 3.2-3.3 t/AC.

Spring barley harvest is just getting started, for some crops, as poor as feared.

In Carlow, Laois and culture in General brought of 1.8-2.2 t/AC, with those fields that there are organic fertilizers better for them.

Cutting winter wheat and spring barley will not go to the end of the week in the northeast.

Oilseed rape crops give between 1.3 t and 1.7 t/AC, with dried price 370 euros/t paid.

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