IFA call for Fertiliser Price drop


The IFA have called for the trade to pass a drop in fertiliser prices.

IFA call for Fertiliser Price drop

  • ADDED
  • 2 years ago

The IFA have called for the trade to pass a drop in fertiliser prices.

The IFA’s Inputs Project Team leader, John Coughlan, has called on the trade to pass immediately a

drop in wholesale fertiliser prices for farmers.

He noted that CAN prices had already dropped significantly in recent weeks, of up to €30-€35 per

tonne. He said ““International wholesale CAN prices have fallen by €30 to €35/t over recent weeks.

However, many farmers are not seeing this as importers and many of the larger merchants attempt

to maintain prices at artificially inflated levels in an effort to boost profit margins.”

Mr. Coughlan said that with silage season in full swing the demand for fertilisers will only increase

more, and warned farmers of artificially inflated prices. He said ““Demand for fertiliser has increased

significantly as the silage season gets into full swing. Keenest quotes for bagged CAN this week are

ranging from €215/t to €218/t delivered. Pasture Sward / 27-2.5-5 and Cut Sward / 24-2.5-10 prices

have also moved lower with keenest quotes at €318/t for Pasture and €8/t – €10/t over for Cuts. “

He concluded by adding that farmers should always inquire before making purchases with some

farmers already been unnecessarily charged extra, “No farmer should order a load without first

enquiring about the price. It is evident from recent survey results that some farmers are being

charged up to €30/t extra where they don’t bargain for a price before placing the order.”

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