Fuel and fertiliser prices continue to climb

Red diesel prices continued to rise last month to almost 20p/litre higher than the same period last year, according to the latest NFU/Farmers Weekly Inputs Price Monitor.

February results showed red diesel prices averaged over 63p/litre for a typical 3600-litre order. That was up slightly on January’s figure and well ahead of the 46.9p/litre average in February 2010.

The reported price for white diesel remained broadly static at 108p/litre, while kerosene prices showed some weakening to average about 56p/litre – although still 10p/litre above pre-December levels.

Fertiliser prices also continued their upward trend last month. EU ammonium nitrate averaged £316/t, and imported supplies £299/t. Granular urea averaged £316/t and Triple Super Phosphate was at £395/t.

The report also looked at feed and bedding prices. Round bale silage averaged £35/t and big square baled wheat straw £74/t.

• Help us get an accurate picture of prices around the country by taking part in the March survey at www.fwi.co.uk/NFU-IPM.