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Thursday 8 December 2016

Prices on rise for Fertiliser

Costs up by 6-7pc with the south hit hardest

Published 08/03/2011 | 12:54

Table 1
Table 1
Table 2

Fertiliser prices have risen by as much as 10pc in the last six weeks. The biggest rises were in the southern half of the country, where big bag compound fertiliser rose by as much as €40/t.

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On average, prices are up by 6-7pc across the country for most grades of fertiliser, according to the latest fertiliser price survey from the IFA.

Compounds showed the strongest increases in price, especially regarding 18:6:12 and 10:10:20.

However, big bag granulated urea bucked the trend by showing a slight decrease in price in every region apart from Munster where it increased by an average of €12.50/t.

The increases will come as no surprise to either farmers or suppliers, who have been warning for some time about price increases (see table 1).

Other compounds

  • 23-2.5-10: €420-435;
  • CAN 26pc N + 4pc S: €320-330;
  • CAN 24pc N + 6pc S: €330-338;
  • ASN: €325-340;
  • 14-7-14: €420-435;
  • 0-7-30: €410-428;
  • 0-10-20: ?395-423;
  • 15-3-20: €390-425;
  • 13-6-20: €390-425;
  • 23-2.5-10: €420

The IFA's grain executive secretary, Fintan Conway, said that repeated attempts by the trade to increase fertiliser prices has been dampened by farmer resistance and a willingness to shop around.

"Many farmers moved early to purchase fertiliser, particularly nitrogen," said Mr Conway.

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"Nitrogen volumes purchased by farmers for the last quarter of 2010 were running up to 30pc higher than for the same period last year.

"Many farmers moved early to take advantage of lower prices with some farmers covered out to May for their CAN requirements."

Deals

He added that farmers who were prepared to shop around and or group purchase were achieving the best deals.

Mr Conway also urged farmers to take note of fertiliser quality.

"Granule size and strength is critical particularly when spreading at widths greater than 15m," he said.

Table 2, outlines the specifications that apply within Europe for targets and tolerances for blended fertilisers.

While there is no specification on granule size laid down in law to make it compulsory, legislation recommends the use of CEN European standards.

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