The recent cold and wet weather has slowed down grass growth and fertiliser sales, according to the IFA’s latest fertiliser market update.
According to the update price has also been another factor affecting demand and it noted that the silage cutting season has not got into full swing yet.
It says fertiliser and in particular CAN prices have eased lately due to significant buyer resistance.
The IFA says purchasing / buyer groups are continuing to secure significant discounts on official quotes.
It says competition for this business has been intense as a number of the major players compete head on for it.
Farmers should continue to shop around as prices have fallen of late, it says.
Region | CAN | !8-6-12 | 27-2.5-5 | 24-2.5-10 | |
Big Bag, delivered | Bulk | Big Bag, delivered | Granulated Big bag delivered | Granulated Big bag delivered | |
Munster | 320– 360 | NA | 420– 455 | 425 – 450 | 435 – 455 |
Connaught | 325 – 360 | NA | 420 – 460 | 430 – 450 | 440 – 465 |
South Leinster | 310– 350 | NA | 410– 445 | 415 – 445 | 425- 455 |
North Leinster | 306 – 355 | 285 – 290 | 410- 440 | 410 – 450 | 420 – 460 |
Ulster | 320 – 365 | NA | 420 – 445 | 425 – 455 | 428 – 460 |
IFA calls for an immediate suspension of EU fertiliser import duties
The IFA is to ask the European Commission to suspend all EU fertiliser import duties with immediate effect, according to the Association’s president Eddie Downey.
“This step must be taken as a matter of priority and should precede an official investigation by Brussels into the workings of the EU fertiliser market,” he said.
Downey was speaking in the wake of the recent IFA fertiliser conference. He said that the Commission must examine why lower production costs have not been reflected in fertiliser prices paid by farmers.