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Ballance Agri-Nutrients raised New Zealand prices on some fertiliser products after global DAP prices rose by over US$100 per tonne. DAP rose $120 to $1,259 a tonne, and urea and other products also increased by about $20-24 a tonne.
Higher global DAP and urea costs are passing through to local farm input prices, squeezing margins for livestock and feed producers. The move reflects tighter global phosphate supply.
farmersweekly.co.nzNigel StirlingSep 2, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
