Fertiliser sales flurry after higher price threat

News of higher fertiliser prices for January has stimulated immediate action in the marketplace with renewed interest in nitrogen at December prices.


There are reports that some domestic ammonium nitrate may still be available at the November price below £160/t, although limited.


Imports are able to compete effectively at these prices and these too are beginning to move onto farm.


The 2005 report on fertiliser usage in Britain is now available from the Agricultural Industries Confederation.


It highlights the continual decline in fertiliser nutrient usage, a change of –15% overall in the last 10 years.


The decline is slowing, however, with the major downturn being in the use of phosphate.


Cropping area has been up in the last 5 years by some 1.6% and the downturn in nutrient use is accounted for by a reduction in application rates on all crops, apart from winter cereals where the use of nitrogen per hectare remains remarkably stable.


It will be interesting to see the impact of current high fertiliser prices when these statistics are published again.


Higher prices are perhaps responsible for a renewed focus on fertiliser agronomy.


Advisers will be pleased to see that the massive reduction in liming in the late 1990s has been halted and reversed, on both tillage and grassland.


Potassium use and sulphur imports are also rising, both nutrients having a marked positive impact on the efficiency of nitrogen use.


The increase in potassium use overall is not, however, attributable to all acres and bucks the 10 year downward trend for the nutrient.


1999 saw a significant increase in the cropped arable area that received neither P nor K and over 30% of this area continues without the application of these nutrients.


CURRENT PRICES (£/t)


Great Britain

























Straight


Domestic N (34.5%N) SP5


Dec £160-165
Jan £173


Imported AN (Russian)


£150


Imported urea



£185 granular
£175 prills


Liquid UAN
37kg/100litres (29.6%N/t)


No market


TSP (47%P2O5)


£150+


Muriate of Potash(60%K2O)


£145



















































Compound


 


Complex


Blended


25.5.5


£155


From £147


15.15.20


£168


 


20.10.10 / 27.5.5


£158


From £151


17.17.17


£173


 


Aftercuts NK


 


No market


27.6.6 (imported)


 


 


32.5.0 (imported)


No market

Autumn grades (PK)

 


£133-135
















Trace elements

Copper, zinc, selenium,
cobalt Iodine and sodium

£11.10/acre pack





Ireland







































Straight and compound


 


Northern Ireland


Republic of Ireland†


Urea

No market No market
CAN £132 €162+

24.6.12 aftercut*


No market


No market


25.5.5


£152


 


27.6.6 complex**


£162


€230-245+ (CCF)
€230-235 import blend


Note in the Republic of Ireland nutrients are expressed as elements not oxides.  Analyses will not be directly comparable with those used in the UK.
*Known as 24.2½.10 blend in the Republic of Ireland
**Known as 27.2½.5 in ROI


Note All illustrated prices are based upon 24 tonne loads for immediate payment. Prices for smaller loads and those with credit terms will vary considerably.


Source: Bridgewater