Spring Linseed Update:

The spring linseed market is currently over supplied and thus merchants on the whole are offering relatively modest terms for new crop - especially Brown linseed as it has an industrial and animal feed use only. Yellow linseed is destined for human consumption and is not widely grown throughout Europe. Quality standards are tougher and yield poorer. Fixed contracts are available for this type, but you can imagine due to excessive demand, fixed contracts hardly 'sparkle'.

There is however light at the tunnel end - one company with a significant feed end use continue to offer BROWN linseed contracts. Fixed price in part and better than average quality standards, being on the whole more achievable and thus more likely that contract values are maintained, right down to the day the cheque arrives in the post. Deliveries occur on a load by load basis rather than by the boat load, thus enabling farms to be cleared at short notice where necessary. Some domestic use also achievable.

New terms:

50% of the contract price: a minimum £350 - maximum £400/t (linseed market crushing price).
50% of the contract price: ex farm crushing price oilseed rape (relative to HGCA delivered) + premium of 15% (worth circa £400/t at current crushing values). Note there is no direct relationship between linseed values and oilseed rape. Contract is for produce from area sown, not specific tonnage.

Quality Standards:
Moisture: Basis 9%, max 10% though end user flexible up to 10.5%
Admixture: Basis 2%, max 4% though end user flexible up to 5%
Oil: min 38%, min. 54% ALA
Growers must be members of an Assurance Scheme

Buy back contracts subject to availability. Seed available for three varieties. Specific to crops in England up to South of York and excludes Cornwall, all other areas by special agreement (due to haulage distances).

To take up this opportunity email your enquiry to info@farming4profit.co.uk or telephone Stuart on 07968 309123.