Stobarts not collecting wood chip anymore!! Now what to do with it Ideas???

[hamdogg]

possibly do a deal with some one with a yard in your area

 

 

I have a deal!! But just nice to have a few local spots! Don't like my eggs in one basket!!

[matelot]

did I not say the pound euro fluctuates,

 

no, you said the pound/ euro exchange rate was linked....

[MattyF]

Rubbish imo. Explain to me then why a weak euro / strong sterling is decreasing exports and increasing imports?

 

Spot on , there's stacks and stacks of timber in keilder that's been felled this year and barely any of its been moved out due to its cheaper to import it as the pounds so strong... The knock on effect is worrying talking to one of the bigger hauliers this week and the some contractors and they are all worried !

[ReubenHayes]

Just been speaking to Stobarts. They are interested in woodchip here (midlands). What price do most get?

 

A lot of our chip goes to make woodland footpaths etc, maybe look at large estates where they need footpaths in woods or informal areas. Otherwise a lot goes on flower beds!

[benedmonds]

They took 4 arctic loads from us today. £9 or £10 a ton I think

[Johny Walker]

They took 4 arctic loads from us today. £9 or £10 a ton I think

 

 

how many tons 60 ?

[TimberCutterDartmoor]

did I not say the pound euro fluctuates, and if it fluctuates too much the banks intervene?..

In that sense the pound "is" tied to the Euro..

 

I mean, when was the Euro worth 3 quid?.... as to speculators even they don't have the clout they once did, and they know it.

Hows someone with a billion going to attempt to manipulate as asset with the backing of trillions...

 

and I don't know why eddy Stobart isn't taking any more chip, but I suspect government policy might just be looking at scaling back investment in bio power industry..

Its not like burning woodchip is ever going to compete with coal or oil powered generators is it...

 

This from 2011; factually the same as now: Ever since the euro’s inception the pound has in some way been caught in the wake of the single European currency, and its fate now hinges as closely as ever on what happens on the continent.

 

If eurozone leaders disappoint in delivering their latest promise to halt their region’s mounting debt crisis, we can expect the U.K. currency to go through almost as dramatic a decline versus the dollar as the euro itself.

 

Certainly, the charts suggest that: The monthly correlation between GBP and the EUR currently stands at 90.55, a significant tightening in the relationship from April 2010, when measured correlation stood at 64.43 and about as close to a perfect 100 as this pair has ever been. This continues a longer-term increase in correlation from November 2007, when the relationship was actually in negative territory.

 

The pound-euro correlation is likely founded on fundamental concerns about U.K. banks’ exposure to the troubled euro zone. The bulk of that is concentrated in Ireland, which is not necessarily expected to follow Greece into a default, but the risk of contagion through that channel is not insignificant.

 

This is setting the pound up for a key technical test, in which failure in Europe could drive sterling down to support at $1.5440, a level that has withstood challenge for 14 months. That failure would set the pound back on the long-term downward trend it has been on against the dollar, a trend that — perhaps not coincidentally — started in November of 2007 when the correlation with the euro began to turn positive.

 

There are home-grown reasons to expect a weaker pound too, and we got one of them Monday with the Federation of Small Businesses reporting that its quarterly confidence index fell to -9.3 from July to September, down from +0.3 in the three months prior. The FSB chairman noted that small businesses plan to cut jobs for the first time since 2010. Over the weekend, economists at the Ernst & Young ITEM Club downgraded their estimates of U.K. growth for 2011 to 0.9% from 1.4%.

 

That weakness is likely to keep another key source of pound weakness in place for some time: the Bank of England’s proclivity to print money. The BOE surprised markets last week with a decision to add an additional GBP75 billion of stimulus to the economy in a new round of “quantitative easing” asset-buying. While the Bank’s decision was met with skepticism both to its size and effectiveness, its polices are very like those used by the Fed, which had the intended or unintended consequence of weakening the dollar. Similarly, look to QE in the UK to produce a lower pound.

 

But the biggest risk factor is Europe.

 

Clearly, if the eurozone does not step up to the plate with a credible long-term plan next week — as its leaders’ promised over the weekend — the euro will fall and the pound will follow. To put a number on it, I wrote in mid-June when the euro was all the way up at $1.4450 that the eurozone needed a competitive devaluation to bring it to its triangulation rate of 1.1895. Assuming the 90.00 correlation stays intact, that would put GBP at roughly 1.4000.

 

But it wouldn’t be all bad for the U.K. The result would be a more competitive Britain with a better foothold in the global economy.

[benedmonds]

how many tons 60 ?

 

Something like that they normally get 24-30 tons in each arctic..

[Vespasian]

Timber cutter dartmoor

 

 

The bigger picture is not the Euro and how it affects the pond, but an agreement by the developed countries not to devalue currency to gain an economic advantage..

 

see what happened when China took that step a month or two ago... the markets got the jitters...

 

Thers a big picture here and its all about trying to get out of a crisis without bringing down the worlds economies..

 

Believe me, the crisis that began in 07 is still with us today, and its been something of a puzzle how we're eventually gonna get out of it..

meanwhile everyone is doing their bit to keep things as calm as they can..

 

That includes the Pound Euro monetary policy, that keeps both in lockstep with each other... as best as can be managed anyways..

[Vespasian]

no, you said the pound/ euro exchange rate was linked....

 

read above