Northeastfarmer
Member
- Location
- Cleveland
You’re right
Fertiliser Price Tracker
- Thread starter TFF
- Start date
Roger Perry
Member
Trouble is the old pound note has no value against the $$$$$$$.
Now around $1-20ish to the pound sterling, when I came over in 93 it was 2 dollars, this Brexit thing has really screwed the rate.
Now around $1-20ish to the pound sterling, when I came over in 93 it was 2 dollars, this Brexit thing has really screwed the rate.
Roger Perry
Member
Been bloody good for exports though .
I guess so..........but a bugger if your an importer.
The £ will soar when this debacle is sorted
Brought it for £243 pay jan in the end from another quote
Or plunge when they feck it up again
34.5% AN divide by 46% Urea = 0.75
Say Urea is £280 x 0.75 = £212 for AN
- Location
- northampton
Gran urea £276
- Location
- the brecks norfolk
That's what I could of got it for last week after I rang another supplier. Same deal same terms same day just £8 ton less, I sense a little bit of leg lifting because the first chap told me that was a cracking deal and he wouldn't make anything on it at £284 just cover his admin costs.
It's a case of once bitten twice shy and he'll have to work hard for a deal in future!!!!
On the plus side the other chap did say not to buy just yet and wait a couple of months as he thought there may be a drop of £20ish ton....fingers crossed.
It's a case of once bitten twice shy and he'll have to work hard for a deal in future!!!!
On the plus side the other chap did say not to buy just yet and wait a couple of months as he thought there may be a drop of £20ish ton....fingers crossed.
yellow belly
Member
- Location
- south west lincolnshire
If there is an agreed brexit £ is more likely to rise
This may not affect grain as we will be better able to export to the eu (Ireland especially)
This may not affect grain as we will be better able to export to the eu (Ireland especially)
Tompkins
Member
- Location
- NE Somerset
Anyone got a price for liquid N yet? Preferably 26N 5S?
Fertzilla
Member
- Location
- Great British Countryside
6.6% Duty which works out around £15/t IF there is a no deal end of October.
If you think NITRAM prices won't rise alongside imports when this happens then you're in for a shock..
What's even worse is that they EXPORT NITRAM.. Then sell it for less than they are here overseas
Wilberforce
Member
- Location
- North Shropshire
Urea quotes £278-284/ton for late Autumn delivery, December payment. Nothing thrilling but it nots going to ease?
Fertzilla
Member
- Location
- Great British Countryside
At the moment you're more than likely to see fertiliser prices rise, which is down to the currency rates taking a hammering. Just the rates alone could see £5-£10/t rises. Obviously it could go the other way also but I would say it's going to climb before it comes back any. £278 isn't a bad price today, especially with terms.
UREA/AN got up to £300/t last year keep in mind.
- Location
- Lincolnshire
Yes, but before next March we will have left the EU and the pound will be strong making imports a lot cheaper, unless its already bought I would now wait until its required.
Fertzilla
Member
- Location
- Great British Countryside
Completely agree that there's nothing to say that the flip-side won't happen and that the £ will strengthen, like you said, making import's cheaper... For the importer. Yes, the current £ strength is pushing the market up. However - say tomorrow, a miracle happens, the £ strengths considerably (yay!)- that isn't going to suddenly drop the market.
There's not been much movement since new season pricing was released and I doubt that CF are going to bring the prices down anytime soon, it's still going to be a slow incline to Spring. If you're talking UREA, people are being quoted now from what's already bought & in the shed pre £-rate smashing. UREA is a world wide commodity so is extremely hard to judge in comparison to our domestic AN market.
I personally would get some cover on a certain amount of my tonnage (1/2 or 3/4) at current levels (IMPORTED AN very competitive against NITRAM from the right supplier). Then like you said, wait the rest out till after New Year and see what the crack is then.
- Location
- Lincolnshire
Stronger pound gives worse wheat price. Weak pound best for us even if fert is dearer.
fieldfarmer
Member
But it was said that nitram was being sold abroad for less than it is here, so my thought is they are still riding on the back of last years high wheat price , and with barley now at £116 x farm and wheat around the £140 ( some £55 ton back on last year) when the forward contracts for selling grain are used up and grain will be priced on the open market I think/hope the price will fall back to stimulate sales.