Geopolitical shifts drive fertiliser market volatility – Ravensdown
According to Ravensdown's most recent Market Outlook report, a combination of geopolitical movements and volatile market responses are impacting the global fertiliser landscape.
The country's two largest fertiliser traders have increased prices, for the second time in as many months.
Ravensdown and Ballance are blaming global supply and pricing dynamics for the latest price rise.
Both have bumped up urea prices by nearly 25% to $1,190/tonne.
Potash prices have also jumped by nearly $100/tonne. Ravensdown is selling potash at $995/t, Ballance at $1000/t.
Ravensdown has raised its superphosphate price from $339 to $367 but have told farmers that the new price will be maintained for the next six months.
Grace Su, a recent optometry graduate from the University of Auckland, is moving to Tauranga to start work in a practice where she worked while participating in the university's Rural Health Interprofessional Programme (RHIP).
Two farmers and two farming companies were recently convicted and fined a total of $108,000 for environmental offending.
According to Ravensdown's most recent Market Outlook report, a combination of geopolitical movements and volatile market responses are impacting the global fertiliser landscape.
Environment Canterbury, alongside industry partners and a group of farmers, is encouraging farmers to consider composting as an environmentally friendly alternative to offal pits.
A New Zealand dairy industry leader believes the free trade deal announced with India delivers wins for the sector.
The Coalition Government will need the support of at least one opposition party to ratify the free trade deal with India.