Fertiliser Price Tracker

[digger64]

And if its applied and paid for the cost will be cancelled out by increase in value of growing crop?

Cant be cancelled out- unless someone steals it ,just moves to a different asset column on the balance sheet .Look at it like this - if you sold your growing crop to an incoming tenant then you would expect them to pay for inputs and work done on the standing crop up to the day of handover .

 

[Bossfarmer]

Cant be cancelled out- unless someone steals it ,just moves to a different asset column on the balance sheet .Look at it like this - if you sold your growing crop to an incoming tenant then you would expect them to pay for inputs and work done on the standing crop up to the day of handover .

Yes what i mean tho is if i paid an extra 50k for fert im not suddenly going to make less profit on accounts as the value of growing crop goes up? My accounting year ends in june thats why i wondered so itll be 2021 grain cheque and 2022 fert bill in same accounting year

 

[digger64]

Yes what i mean tho is if i paid an extra 50k for fert im not suddenly going to make less profit on accounts as the value of growing crop goes up? My accounting year ends in june thats why i wondered so itll be 2021 grain cheque and 2022 fert bill in same accounting year

But the fert bill would be part of your overdraft as a debt if you paid for it before valuation day so it wont any different , but could if crop income falls and you had a good year last year ,you could get a tax bill coinciding with a poor year next year and consequent cashflow crisis . This is where all arable tenant farms are really vunerable as they have no liquid assets to cash and why some buy store cattle that appear not to have any profit potential .

 

[Adam@Rumen]

Any feed grade urea available @Adam@Rumen

All POA, 2 days ago when I asked was circa £1300

 

[Adam@Rumen]

All POA, 2 days ago when I asked was circa £1300

Now £2k...

 

[Bossfarmer]

But the fert bill would be part of your overdraft as a debt if you paid for it before valuation day so it wont any different , but could if crop income falls and you had a good year last year ,you could get a tax bill coinciding with a poor year next year and consequent cashflow crisis . This is where all arable tenant farms are really vunerable as they have no liquid assets to cash and why some buy store cattle that appear not to have any profit potential .

Im trying to keep my profits up so need to pay tax, hoping to buy another small block of ground so need good borrowing figures, just hoping that extra 50k fert doesnt affect things as although grain prices for 22 looking promising my accounts year ends june

 

[Steevo]

Yes but no papertrail -just market and storage risks . when you choose to sell it they dont normally dispute income declared .
Retaining stock born on farm for breeding could achieve the same (valued at cost) whilst keeping the money in the business .

But it will still mean you paying more tax on the double profits the following year so I'm not sure what it achieves.

 

[Will Blackburn]

Im trying to keep my profits up so need to pay tax, hoping to buy another small block of ground so need good borrowing figures, just hoping that extra 50k fert doesnt affect things as although grain prices for 22 looking promising my accounts year ends june

Just pay for your fert with your personal savings, you won't be the only one.

 

[RAF]

Christ I never thought of home and dry . I normally have 25 ton that

 

[Jackov Altraids]

DAP is currently close to £1100/t (full loads).

 

[chester]

Just been quoted £ 925 for Nitram spot price

 

[WildSussex]

DAP is currently close to £1100/t (full loads).

Goodness me, where have you got that quote from

 

[Tarw Coch]

DAP is currently close to £1100/t (full loads).

How much !!!!!!!!

I need 3 bags to go under my maize, supplier rang me the other night to see if I still wanted it..............he never told me how much

 

[Headless chicken]

How much !!!!!!!!

I need 3 bags to go under my maize, supplier rang me the other night to see if I still wanted it..............he never told me how much

i was told £1080 yesterday so wouldn’t surprise me. Apparently you can get microfert that works out competitively? We’re going to add humic and fulvic acid mixed in with it and hope that makes it more available

 

[Cowabunga]

CF fertiliser prices announced literally five minutes ago. First availability from CF for three weeks and subject to availability.
Nitram at £955/ton for artic loads.

 

[Cowabunga]

Just been quoted £ 925 for Nitram spot price

Book it quick if it still holds.

 

[ridger]

Im trying to keep my profits up so need to pay tax, hoping to buy another small block of ground so need good borrowing figures, just hoping that extra 50k fert doesnt affect things as although grain prices for 22 looking promising my accounts year ends june

Why more ground? Be satisfied with what you have, I have been I am out of hospital all year so far and it concentrates the mind

 

[Bossfarmer]

Why more ground? Be satisfied with what you have, I have been I am out of hospital all year so far and it concentrates the mind

i was to buy some cheaper ground for grazing the cows and put more of my own into grain, doesnt make sense for cows to be running about on good ground when i could grow £300/t wheat on it

 

[Bossfarmer]

Just pay for your fert with your personal savings, you won't be the only one.

so the increase in arable stores wont offset the fert cost in the accounts?

 

[ridger]

i was to buy some cheaper ground for grazing the cows and put more of my own into grain, doesnt make sense for cows to be running about on good ground when i could grow £300/t wheat on it

You would be a long time paying it off