Fertiliser Price Tracker
- Thread starter TFF
- Start date
Dave6170
Member
- Location
- Watten, caithness
Has Alastair Dickson the Krm man left/retired?
- Location
- Lincolnshire
FIAS is going to love RT for all those urea purchasers. FIAS, RT, AIC. All one big boat sailing on an ocean of farmers tears.I've had a few issues again this year with origin product, both AN and urea.
I've spoke to 4 different people within origin aswell as a 2 different chaps at KRM and everytime, by every single one of them I've been told different things about the make/manufacturing country of my products. I've been told my AN was UK, Lithuanian and russian and the same for the urea. I think I've finally got it sorted and have set the spreader right but it makes a mockery of Tracablity and FIAS ect.........Is FIAS run by RT????
- Location
- Moreton-in-Marsh, Glos
I'm bringing this over from another thread because it is more relevant to this thread:
This is the main problem - having to lock up such a lot of working capital for so long, before you see any return.
Yes, you can fool yourself that even at £1,000 a tonne for N fertiliser you will get you money back. But how do you finance it in the first place? And how amenable are Bank Managers going to be to allow it?
There used to be a service offered though merchants by NatWest called GROW-CASH.
GO-CRASH we used to call it, because virtually everybody that used it would almost certainly be at their overdraft limit most of the time.
It worked by Merchants offering to finance your fertiliser via Grow-cash, repaid by a future sales contract of a growing crop to the merchant. The interest rate was competitive and it meant you didn't need that awkward conversation with your Bank Manager.
I know some merchants can do this in-house already.
But I foresee a massive increase in this type of finance to offset every £29,000 lorry load of fertiliser that turns up on farm from now on.
Especially as BPS payments drop and won't cover that cashflow requirement any longer.
Resulting in even more of a strangle-hold of Farmers by their Merchants.
EDIT:
I've just looked up GrowCash on Google. It still exists calling itself Grow Cash Club.
In reality, it's a Merchants wet dream!
This is the main problem - having to lock up such a lot of working capital for so long, before you see any return.
Yes, you can fool yourself that even at £1,000 a tonne for N fertiliser you will get you money back. But how do you finance it in the first place? And how amenable are Bank Managers going to be to allow it?
There used to be a service offered though merchants by NatWest called GROW-CASH.
GO-CRASH we used to call it, because virtually everybody that used it would almost certainly be at their overdraft limit most of the time.
It worked by Merchants offering to finance your fertiliser via Grow-cash, repaid by a future sales contract of a growing crop to the merchant. The interest rate was competitive and it meant you didn't need that awkward conversation with your Bank Manager.
I know some merchants can do this in-house already.
But I foresee a massive increase in this type of finance to offset every £29,000 lorry load of fertiliser that turns up on farm from now on.
Especially as BPS payments drop and won't cover that cashflow requirement any longer.
Resulting in even more of a strangle-hold of Farmers by their Merchants.
EDIT:
I've just looked up GrowCash on Google. It still exists calling itself Grow Cash Club.
In reality, it's a Merchants wet dream!
Last edited:
- Location
- East Midlands
Isn't this the gap that Oxbury are filling?
- Location
- Lancashire
We have two lots of urea, one with sulphur, one without. I am going to spread some for first cut silage tomorrow (sheep have just been cleared from meadows and rain is forecast Saturday night). Should I spread that with sulphur now or leave it for the second cut ?
Eartha Kitt
Member
India announces a tender for 1.5mn tonnes shipment by 5th July.
- Location
- Lincolnshire
Will they be happy to accept Russian product......
Baling Hay
Member
Indians will unfortunately
- Location
- Lincolnshire
And pay in Roubles too.
- Location
- S.E
For Oxbury see Frontier......
farmerm
Member
- Location
- Shropshire
I've had a few issues again this year with origin product, both AN and urea.
I've spoke to 4 different people within origin aswell as a 2 different chaps at KRM and everytime, by every single one of them I've been told different things about the make/manufacturing country of my products. I've been told my AN was UK, Lithuanian and russian and the same for the urea. I think I've finally got it sorted and have set the spreader right but it makes a mockery of Tracablity and FIAS ect.........Is FIAS run by RT????
Won't it be aic
Rain ???
Openfield and Hutchinsons too . Plus a few.....
- Location
- Huntingdon
barstewards
Maybe Minette should have a word?
Are you selling wheat at market price or a bit cheaper to feed mills to help stock farmers like me
Always sell it cheap . next question