Loading…
Fertiliser prices are rising sharply, with values at the start of the new season in May already £30 per tonne above 2020 and up a further £25 since. Compound fertilisers are rising by £5-£10 per week, and a 25:5:5 mix was selling at £312 per tonne.
A Scottish supplier says buying around the turn of the year could be better this year.
Higher natural gas and crude oil costs feed directly into nitrogen production, so fertiliser costs for feed-grain producers are likely to stay high in the near term. Buyers may face a timing decision between current prices and possible relief into 2022.
thescottishfarmer.co.ukPatsy HunterJun 25, 2021Not 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.
