I agree with you but I don't seem to be alone in my quest for better value, concentrate will undoubtably drop back but will it drop as far as £125/ton? The latest story is that merchants bought forward and therefore their feed is still costing more, if thats the case did they not buy forward in 2007? We do have our own cereals and we do home mix, but despite the obvious savings in haulage and handling i'm not convinced we are as efficient as a large feed mill in our purchasing and handling of raw materials, is the farmer (the customer) not entitled to make savings from their suppliers efficiencies afterall that is exactly what our customers (retailers and consumers) have been doing for the last 40 years? We feed concentrate through the parlour and as yet we haven't found away to get around this. I have a surplus of cereals this year and can see these ending up with a merchant as too many farmers it seems would rather pay more to the middle man than the producer. I spoke with farmers in europe who grew grain and sold it all to their compounders in exchange for a a better price for their compound the two prices were linked so low grain prices meant low feed prices and vice versa the merchant/millers margin would near enough remain the same as would the farmers. This seemed like a win win situation for both enterprises.