FERTILISER PRICE SURVEY 13th MARCH

Trade and farmer purchases of new season fertiliser stock pre-Xmas particularly were significantly back on the previous year as nitrogen prices had ratcheted up pretty steeply from mid-August 2018 onwards.

The unusually mild February saw spot demand for fertiliser pick up but this eased over the past week as widespread heavy rain spread across the country. Many trade buyers and farmers are reluctant to purchase big volumes forward as international wholesale prices for straight urea and CAN continue to fall.