News
The future may be hard to predict, but continue running all aspects of the calculations in an honest way, and ask more questions
February 1st 2022
Energy prices, carbon foot printing and costs of production are all likely to impact on-farm for a long time to come – but don’t let these negatively affect the final quality of stored grain. With oil and energy prices currently very high, I wonder how many farmers have had a look at their energy bills […]
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Openfield delivers 2021 profit in challenging times
January 25th 2022
Openfield Group Limited has reported its results to 30 June 2022. Notwithstanding the very challenging market conditions as a result of the poor 2020 harvest, the British farmer-owned grain marketing and arable inputs co-operative has reported a small profit of £0.1m for the year to 30 June 2021 (2020: Profit £0.4m). Anticipating the difficult […]
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In such a volatile grain market, you need to maintain a tight hold on your costs of production
January 4th 2022
The variables in grain production are so changeable, with such a finite level of control for the foreseeable future – but farming is about more than just what’s written down on paper. In a fast-moving news environment, it’s almost impossible to second guess the grain markets on a daily basis. We seem to limp from […]
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Better buying, better selling – Strategic grain marketing reaps top rewards
December 16th 2021
It may only seem a moment since the combines were put to bed. But it’s already time for growers to think about next year’s harvest if they are to maximise marketing opportunities. CPM gets the lowdown from farmer co-operative Openfield. By Natalie Noble, CPM Magazine Grain prices have been particularly buoyant this year – but global markets […]
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How many farmers understand their obligations, in regards to sustainability and the environment?
December 1st 2021
With COP26 bringing world leaders together to make decisions on climate change, the entire food supply chain needs to do its homework and pull together to avoid the potential black hole ahead. This time last year, the focus of many was on Brexit and how it may or may not disrupt trade flows – but […]
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Wheat futures might be nearing record highs, but real gross margin calculations could indicate a less positive result
November 1st 2021
With the fertiliser industry facing huge uncertainty, the costs behind grain production rising and agricultural reform affecting every stage of this production, some serious questions need to be asked. With November 2021 London wheat futures at £202 per metric tonne and November 2022 at around £187, both are close to contract highs but still short […]
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