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fertiliser prices tipped to skyrocket

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    Fertiliser prices tipped to skyrocket
    Posted Fri Jan 11, 2008 3:20pm AEDT

    Map: Ballarat 3350
    Farmers are anxiously waiting to see how much fertiliser will cost this year, with some people involved in the industry suggesting prices could rise by 30 to 50 per cent.

    Those farmers wanting to beat further price increases say they are having a difficult time accessing large volumes of fertiliser.

    Incitec Pivot marketing manager Jamie Rintel says there is unprecedented demand for stock worldwide.

    "We don't have a known cost position on the majority of the stock that we have planned coming in for the season's requirements," he said.

    "We'll be in a position where we have the majority of our fertiliser requirements in our sheds by February this year. At that particular point in time we will be able to offer a firmer price."

    Tags: fertilisers, ballarat-3350, bendigo-3550, horsham-3400, mildura-3500, sale-3850, wodonga-3690
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