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.