Farming News - Incomming Urea shipment programme: quality urea now available for farmers
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Incomming Urea shipment programme: quality urea now available for farmers
MV Loenerdiep unloads 5,440 tonnes of Urea at Immingham - Gleadells’ fifth incoming fertiliser shipment in as many weeks, with further cargoes due.
"This year has been a very early market and we sold most of our tonnage two months ago in April and May," says Calum Findlay, the company’s fertiliser trader. "Those farmers who took our advice have benefited as they booked their requirements at around £300/tonne while the price now is £380 tonne+."
These early orders have paid dividends for our farmer customers and were booked at a time when the domestic suppliers had yet to price their summer AN deliveries.
"We have further cargoes on our books, with 3,200 tonnes unloading this week at Poole for our southern office customers, then a shipment of 3,300 tonnes into Avonmouth next on the schedule."
"One thing that has changed dramatically – and is not always recognised - is that 'imported' now means 'quality' as far as fertiliser is concerned. All the Urea plants we source our product from are modern build. While, when we look at the UK, we are seeing facilities that are up to 50 years old."
"Also the market has changed in that the all new plants now in production and coming on stream are Urea granulation plants. There are no new AN plants being built anywhere," Mr Findlay adds.