Written by Charlotte Cunningham from CPM Magazine
The NFU is urging the government and industry to build more transparency into the fertiliser market, as part of a joined-up approach to make the nation’s food security more resilient. As arable event Cereals kicks off today (8 June 2022), NFU deputy president Tom Bradshaw is highlighting the complete lack of transparency in the fertiliser market, leaving growers with a lack of information that does not inspire confidence to purchase inputs. This risks serious impacts for the 2023 growing season, he says. According to AHDB, fertiliser prices have increased by 180% year-on-year. In April 2021, the price was £281/t. In April 2022, the price was £785/t. To achieve greater transparency, the NFU is calling on suppliers to publish fertiliser prices immediately to help farm businesses plan for next year’s crop. It’s also asking government and industry to come forward with a range of options that would enable the currently closed CF Fertiliser plant in the UK to reopen and start producing fertiliser. A new era Tom says that it feels very strange that fertiliser isn’t being produced when gas prices appear to be at a seasonal low. “Over the past year, the fertiliser market has entered into a new era.…
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The NFU is urging the government and industry to build more transparency into the fertiliser market, as part of a joined-up approach to make the nation’s food security more resilient. As arable event Cereals kicks off today (8 June 2022), NFU deputy president Tom Bradshaw is highlighting the complete lack of transparency in the fertiliser market, leaving growers with a lack of information that does not inspire confidence to purchase inputs. This risks serious impacts for the 2023 growing season, he says. According to AHDB, fertiliser prices have increased by 180% year-on-year. In April 2021, the price was £281/t. In April 2022, the price was £785/t. To achieve greater transparency, the NFU is calling on suppliers to publish fertiliser prices immediately to help farm businesses plan for next year’s crop. It’s also asking government and industry to come forward with a range of options that would enable the currently closed CF Fertiliser plant in the UK to reopen and start producing fertiliser. A new era Tom says that it feels very strange that fertiliser isn’t being produced when gas prices appear to be at a seasonal low. “Over the past year, the fertiliser market has entered into a new era.…
The post More transparency needed in fertiliser market, says NFU appeared first on cpm magazine.
Continue reading on CPM website...
If you are enjoying what you read then why not considering subscribing here: http://www.cpm-magazine.co.uk/subscribe/