Why should you order crop nutrition requirements before the New Year?
The New Year may seem a while away, but for markets, it seems to be a point of confluence for volatile fertiliser pricing. We've put 5 top reasons why markets look set for an upward trajectory into 2021.
Brexit could see Tariffs introduced to imported prices, such as 6% on Nitrogen (up £12 to £15 per tonne on Tariffs alone). Additionally, we could see further weakness to the £ - increasing the costs of imported fertiliser.
The Urea markets have started to awaken & firm, as news that India are ready to start buying again.
After months of a weaker Phosphate market, where we saw low demand & over supply, has been replaced by stronger demand & production cutbacks. Further price increases are expected. (Possible additional 6% Tariffs on Phosphate due to Brexit)
Fertiliser supply may well be affected by Brexit and the continued impact of Covid-19.
It is advised growers take cover before the increase in gas prices inevitably takes a firm hold over the winter period, increase costs of production.
If you have any queries, please contact the Fertiliser desk on 01243 755630 or email
colinburton@bartholomews.co.uk
simonjoyce@bartholomews.co.uk
or alternatively, speak to your Bartholomews agronomist.
Did you know that Bartholomews can offer a unique crop nutrition solution that takes Urea to a new level?
BASF Limus® protected urea have partnered with Bartholomews, to apply Limus®, a liquid formulation, to urea granules to produce Limus protected urea.
Benefits:
Reduces ammonia emissions by up to 98%
Increases application timing flexibility throughout the year
Improves yield by 5% vs. standard urea
Raises performance of urea to the level of ammonium nitrate (AN)
Limus® is the only urease inhibitor available with two active ingredients (NBPT and NPPT), enabling it to bind to a wider variety of urease enzymes and more effectively minimising losses.
Offers more than 12 months of storage stability