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The latest survey carried out by the Irish Farmers Journal has revealed that there has been little change in fertiliser prices since late May.
Speaking to a number of suppliers and merchants from around the country, bagged CAN has remained at levels quoted in an IFA survey towards the end of May, which listed prices ranging from €215/t to €218/t.
There has also been no movement in the price of pasture sward (27-2.5-5) or cut sward (24-2.5-10), with both compound fertilisers priced in the region of €320/t.
Rising demand
One merchant told the Irish Farmers Journal: “Fertiliser prices are now at a level that reflects market demand. Throughout the summer wholesale prices have been at an artificially high level, as most stocks had already been bought earlier in the year.”
Nationwide demand was reported as being quite low in the last number of weeks. However, demand has started to increase as second-cut silage gets underway and growth rates begin to slow, while reseeding is also likely to improve demand for coumpound fertilisers.
As always, most merchants said buyers purchasing in significantly large quantities could achieve further discounts on these prices.
Fertiliser that is delivered directly to a farmyard generally costs €5/t to €10/t more than fertiliser collected, but this varies widely depending on the supplier and the volume being delivered.
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