Foot-and-mouth slows fertiliser trade


By Roger Chesher


JUST as product began to move, at least in England where the weather was suitable, the tragedy of foot-and-mouth disease became apparent.


With farmers understandably keen to restrict movement of lorries in the countryside, orders have slowed considerably.


The Fertiliser Manufacturers Association has been quick to advise its members to adhere strictly to ministry guidelines over disinfecting lorries, but movement has been restricted to a handful of arable farms.


Prices, therefore, are still somewhat theoretical, as an asking price does not become real until a number of customers actually pay it.


In theory, the price of domestic nitrogen rises to 134/t delivered farm but, with such difficulties over delivery, it may be some time before this sticks.


Similar rises should apply to UK produced complex and Hydro imported complex compounds, whilst the blenders still sit on their hands and wait.


At least the prospect of availability of imports in March and April is better, with a price settling around 110/t cif.


With a cost of 3 to put it on lorry, 7 to get it to farm and 5 for the merchant, it should be on farm at 125/t.


CURRENT PRICES


















New-season nitrogen (SP5) 34.5%

Anticipated spring price nitrogen

Imported urea (if available)

Imported AN (new season)

Blended 20.10.10 and 25.0.16

Blended 25.5.5
Liquid nitrogen, 37kg/100l or 29.6% N/t


March 134



April 136


Granular 144
Prilled 132

March 125

122-126

120-123

140



















NPK

March, pay cash

April, pay cash (forecast)

Complex 25.5.5

130

134

27N30S

136


20.10.10/29.5.5

133

137

17.17.17

150

152













After-cut NK cash

0.24.24

TSP (47% P2O5) bagged

Muriate of Potash (60% K2O) bagged

No market

114-116

135-140

115-118

 

IRELAND

















 
Imported urea

CAN


24.6.12


0.16.36


Complex compounds
27.6.6


Northern Ireland

Granular 160
Prills 140+

130

158-161

No market

155-158















 

CAN


24.21/2.10


Urea, imported


27.21/2.5


Republic of Ireland*

160

188

Granular 190

185

*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.

*Prices in the Republic are IR

  • IR1=UK81.17p; US$1=UK68.97p on 01 March

     

    Note All illustrated prices are based on 20-tonne loads for immediate payment. Prices for smaller loads and those with credit terms will vary considerably.

    Source: Bridgewater Partnership

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