Floating around 1.03
Back in May 2020 white diesel was 1.06/litre, no wonder he’s using green and the authorities will ignore him no doubt, not sure what not wearing a mask has to do with it.
1.06 today in North Wexford and 1.13 tomorrow.
Green diesel jumped 20c here overnight. Floating around 117 to 120 inc VAT in places
Jaysus lads the costs this year are savage. They are saying its not done yet either.
4 times what it was nearly 2 years ago
Bass argues that this is good for farmers as it’ll hit the feedlots more than farmers and push up beef prices………
It was 1.18 with Jones Oil yesterday and this is it today. Mad.
1000 litres of green diesel today , €1:16 a litre. Was €1:04 a litre on Monday.
Young lads here have it there is a station on the m3 2 euro a litre perol
Everyone is fcuked. Margins destroyed everywhere, beef and dairy prices probably wont rise as fast as everything else
It's at €1.40/litre for green now. It could hit €3/ litre before the end of the year
have you a reason for that view or what?
coop boards need to wake up and need to be told that by suppliers
Oil supply is more disrupted than what the market is pricing. Listening to a few oil analysts on bloomberg radio they reckon the market could make another surge upwards in the next few weeks driving the barrel of Oil to well over $200/barrel and could hold there for a long time as it will take up to 12 months for supply to catch up. On top of which the value of the dollar today is only a third of the buying power it had 10 years ago so in real terms Oil is still cheap
thanks for reply 🙂
yw.
It's a pity the price of the Beef and Dairy haven't followed
Jesus, it's a fair bleek outlook for the year with the price of basically all the major inputs doubling or near doubling.
How much will it be to make a bale of silage I wonder?
Quoted 1.20 today and 1.30 tomorrow
That’s probably premium petrol, the media are running with the €2/L but it’s premium fuel which is around 10cent a litre dearer.
Cripes who knows. Silage plastic has gone to €120 a roll currently and could go higher. Add that to the cost of diesel, and every other thing plus the rise in wages. I can see it going to €17 - €20 a bale all in (cut and bale + supply plastic) which I can't see many farmers stomaching. With this being the last year of the current suckler cow welfare scheme I'd say there will be a lot of them Slaughtered at the fall of the year rather than feeding expensive silage.
It will 2.50 by the end of this month. I have no doubt.
Local shop put the price up twice today. White diesel now 185.9 cpl
Cashing in on the increase from oil they bought at the lower price. Dairygold were selling kerosene @ 92cent a litre but every Tom Dick and Harry came with drums and drained the tank today.
Quoted 1.30 a litre green today!! Madness
Jesus- there'll be a few thirsty yokes going on fire this summer! We had a combine go up years ago n insurers sent a lad out who traced it back to a wire in the starter n paid out. At the time plenty of lads were torching theirs, there was no flies on this fella he'd sniff them out.
Well I would 150% disagree with yourself and bass. Prices are not increasing at the rate costs are. Even if price increased somewhat in line with costs, margin is still the same but the farmer is left carrying a higher financial risk given the volatility of beef prices.
just can’t see how the current price increases could be good for farmers, end of.
It will finish a lot of feed lots globally, the challenge is that the wave isn't so big that it washes us all away.
There are enough disadvantages obviously though.