Fertiliser Price Tracker

crazy_bull

Member
Livestock Farmer
Location
Huntingdon
Quoted 282 today for nitram 34.5%. What's people's thoughts on the market. Buy now or wait???
Sounds cheap for Nitram,

Depends on your view of where the £vsEuro /£vs$ goes from here.

A significantly firmer £ will cheapen urea and lithan, (if global prices stay static) whether it will be in time for delivery though we wait to see.

General out look for next quarter on global urea is still firm, Iranian sanctions and bugger all coming out of China is putting supply pressure on North African supplies (our normal suppliers).


C B
 

sodbuster

Member
Sounds cheap for Nitram,

Depends on your view of where the £vsEuro /£vs$ goes from here.

A significantly firmer £ will cheapen urea and lithan, (if global prices stay static) whether it will be in time for delivery though we wait to see.

General out look for next quarter on global urea is still firm, Iranian sanctions and bugger all coming out of China is putting supply pressure on North African supplies (our normal suppliers).


C B
Thanks. Who knows where it's actually going. It could go either way due to brexit.
 

crazy_bull

Member
Livestock Farmer
Location
Huntingdon
Thanks. Who knows where it's actually going. It could go either way due to brexit.
The main upward move has happened, in my opinion Brexit could alter prices by £10-20 just on currency though.

C B

Edit:

Longer term, tariffs or no tariffs on imported urea could have a bigger than £10-20 impact. Especially on liquids imported from US. But who knows wtf the next few years have in store.

C B
 

Victor

Member
Location
Devon
I was quoted the same for Feb delivery.That makes the urea I bought last week at £295 seem very good value, still wish I hadn't been big headed and bought it at 210 in July, you can't win them all
You did better than me Bought some urea this week for £304 nov/Dec del
 

robbie

Member
BASIS
You did better than me Bought some urea this week for £304 nov/Dec del
They rang me today wanting to deliver
It, I only placed the order last Friday.

I ordered it because I'd heard whispers that there was a couple of boats due in and they wanted to clear some space and were offering a slight discount, could have been right as it's jumped 9 quid.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 116 38.3%
  • Up to 25%

    Votes: 116 38.3%
  • 25-50%

    Votes: 42 13.9%
  • 50-75%

    Votes: 6 2.0%
  • 75-100%

    Votes: 5 1.7%
  • 100% I’ve had enough of farming!

    Votes: 18 5.9%

Expanded and improved Sustainable Farming Incentive offer for farmers published

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  • 1
Expanded Sustainable Farming Incentive offer from July will give the sector a clear path forward and boost farm business resilience.

From: Department for Environment, Food & Rural Affairs and The Rt Hon Sir Mark Spencer MP Published21 May 2024

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Full details of the expanded and improved Sustainable Farming Incentive (SFI) offer available to farmers from July have been published by the...
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