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Northern Ireland fertiliser merchants are quoting further price increases, with urea at £270 to £280/t and 27% CAN at £190 to £210/t, both well above late-2016 levels. Compound fertilisers have also risen, and suppliers are signalling additional increases of around £50/t for CAN.
Deliveries in NI rose 20.1% in 2016 to 310,600t.
Rising regional fertiliser costs signal continued upward pressure on nitrogen and compound input prices for the 2017 season, reflecting global urea strength and a weaker sterling.
farmersjournal.iePeter McCannFeb 15, 2017Not 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.
