Feed buying – when is the right time?
Over the winter several people have asked us to tell them when they should start buying feed forward. Prices have now eased from mid-summer although prices until harvest are not very attractive but won’t get any better. We started buying for the feed groups last week. Interestingly, the forward prices for Rape and wheat are now within a few pounds of where the forward prices were in Jan 2019 for the 2019 autumn so not all bad news. The £/$ exchange rate is currently the bes