Mole Valley Farmers has entered into an agreement with a fertiliser importer, which it is expected will result in cost savings for its farmer members.
A long-term agreement has been formed with fertiliser importer and distributor, Thomas Bell.
Mole Valley Farmers is also investing over £600,000 in storage facilities at its Newport fertiliser plant to drive greater efficiencies across the supply chain.
Agreement with fertiliser importer
Mole Valley Farmers has said that the agreement with the fertiliser importer will allow the farmer-owned business to purchase larger vessels of raw materials, bringing significant cost savings and security of supply to its farmer shareholders.
The partnership, which will see Mole Valley Farmers storing and processing product on behalf of Thomas Bell, will also open doors to new raw material suppliers, growing the Mole Valley Farmers’ fertiliser portfolio.
Mole Valley Farmers’ fertiliser plant in Newport is the only farmer-owned blending facility in the UK.
This new partnership, along with an agreement in principle with ABP, means the site will be capable of supplying in excess of 150,000t of fertiliser a year.
Craig Paterson, head of fertiliser at Mole Valley Farmers, said their commitment to British farmers by increasing throughput through their site at Newport would mean it can service the market when the product is needed.
“Our investment means we can not only process more product, but with additional storage we now have the capability of storing 30,000t, which means we can supply our farmer shareholders when they need the product while increasing the area we service,” he said.
“Ensuring we supply a consistent quality product to our customers is important. Our ability to supply 90% of our orders through our facility and as one of the only suppliers who can dry store all our products means we can guarantee top product quality is delivered every time.
“Our investment means we are well placed for the years ahead, helping us to deliver our core purpose of supporting our farmer shareholders to improve productivity, profitability and sustainability,” Patterson added.